European Union agriculture ministers meet in Luxembourg Tuesday to talk about the deadly E. coli outbreak in Germany, and its economic impact. The ministers will discuss aid for farmers who are not able to sell their vegetables due to growing consumer fears over the outbreak. Russia has banned all vegetables from the EU. The cause […]
Japan’s Nikkei Posts Solid Gains
Posted June 7th, 2011 at 2:40 am (UTC-5)
Japanese markets closed higher Tuesday, while the U.S. dollar is higher against the Japanese yen. Tokyo’s Nikkei index gained nearly three-quarters of one percent to finish at 9,443. In currency trading, the dollar was selling at 80.30 yen, a gain of nearly one-quarter of a yen from Monday. The Taipei market closed at 9,057, a […]
Chinese Marathoners Fall Ill in Iran; Date Rape Drug Suspected
Posted June 7th, 2011 at 2:35 am (UTC-5)
Iranian police are reported to be investigating complaints that two Chinese and a Taiwanese marathoner may have had their water spiked with the date rape drug Rohypnol during an expedition along the Old Silk Road. Organizers of the expedition say the three became “tired and disoriented” while running through Iran early Monday and were taken […]
Fresh Charges Roil Two South China Sea Disputes
Posted June 7th, 2011 at 2:10 am (UTC-5)
Philippines Foreign Affairs Secretary Albert del Rosario says China has “aggressively violated” a 2002 agreement with its Southeast Asian neighbors by recently unloading building materials on a set of reefs near his country. Del Rosario said in a commentary published Tuesday that China’s action is the most serious challenge to Philippine sovereignty in the South […]
Australian PM Defends Afghanistan Military Mission
Posted June 7th, 2011 at 2:00 am (UTC-5)
Australian Prime Minister Julia Gillard says the recent deaths of four servicemen in Afghanistan will not deter the country in its mission to support the U.S.-led war against the Taliban and al-Qaida. Ms. Gillard defended the country’s presence in Afghanistan Tuesday when she and Air Chief Marshal Angus Houston, the head of Australia’s defense forces, […]
Chinese Floods Kill 14, Displace 45,000 as Drought Eases
Posted June 7th, 2011 at 12:55 am (UTC-5)
Chinese state media say 14 people are dead and tens of thousands have been displaced by flooding in southwestern China. The official Xinhua news agency said Tuesday that 35 other people are missing and 3,000 are stranded in a single county in Guizhou province. It said 45,000 people have been forced to evacuate their homes […]
Boston Bruins Win Crucial Game Three in NHL Stanley Cup Finals
Posted June 7th, 2011 at 12:35 am (UTC-5)
The Boston Bruins trounced the visiting Vancouver Canucks 8-1 Monday to claim their first victory in the National Hockey League Stanley Cup championship series. The slumping Bruins offense came alive after Nathan Horton was taken off the ice on a stretcher following a vicious hit from Vancouver’s Aaron Rome early in the first period. Mark […]
Indonesian Passenger Ferry Sinks, Killing 18 People
Posted June 7th, 2011 at 12:25 am (UTC-5)
Indonesian authorities say 18 people are dead after a passenger ship capsized in the waters off Borneo Island. A local port authority official said a search and rescue operation was underway Tuesday for another 18 passengers who are still missing. The official said the vessel sank Monday when it was overcome by heavy winds and […]
Report Calls for Africa to Embrace Emerging Economies
Posted June 7th, 2011 at 12:25 am (UTC-5)
A new U.N.-backed report says African countries should develop closer ties with emerging economies in order to boost sustainable growth. The report released Monday says Africa is becoming more integrated into the global economy, and that a more diverse set of trading partners can help the continent. The report says emerging economies such as China, […]
Quake-Stricken Japan to Host 2012 IMF, World Bank Meetings
Posted June 7th, 2011 at 12:20 am (UTC-5)
The International Monetary Fund and World Bank have moved their 2012 annual meetings to Tokyo in a show of support for Japan’s efforts to recover from the nation’s most powerful earthquake. The Washington-based institutions said Monday the meetings were being transferred from Egypt, which had asked that they be moved because of political instability in […]
