The two sides in the dispute over Sudan’s Abyei region have signed an agreement after several days of negotiations in the Ethiopian capital, Addis Ababa. Their accord calls for the oil-rich region to be demilitarized and for Ethiopian peacekeepers to be deployed there. The north and south negotiators also agreed to establish a council to […]
Ukraine, China Billion-Dollar Business Deals
Posted June 20th, 2011 at 12:00 pm (UTC-5)
China’s President Hu Jintao has attended the signing of $3.5 billion in business deals with Ukraine. Mr. Hu and Ukranian President Viktor Yanukovych on Monday praised the agreements as part of a new “strategic partnership” between the two nations. The deals covered the energy, technology and trade sectors. China’s official news agency Xinhua has said […]
Michelle Obama Heads to Africa to Address Youth
Posted June 20th, 2011 at 11:55 am (UTC-5)
(Updates with new info in grafs 3, 7, 8. writethru )) U.S. first lady Michelle Obama is on her way to Africa for a nearly week-long trip focused on youth empowerment. Mrs. Obama is accompanied by daughters Malia and Sasha. They are set to arrive in Pretoria, South Africa late Monday. Before departing, the first […]
China’s Three Gorges Dam Operator Defends Project
Posted June 20th, 2011 at 11:55 am (UTC-5)
The operator of China’s Three Gorges Dam is defending the controversial mega-project, saying it benefits society and the Chinese economy. The Three Gorges Corporation, in a report on social responsibility, says the dam guards against flooding along the middle and lower Yangtze River, and say it helped alleviate a drought that ravaged much of southern […]
Ukraine, China Billion-Dollar Business Deals
Posted June 20th, 2011 at 11:45 am (UTC-5)
China’s President Hu Jintao has attended the signing of $3.5 billion in business deals with Ukraine. Mr. Hu and Ukranian President Viktor Yanukovytch on Monday praised the agreements as part of a new “strategic partnership” between the two nations. The deals covered the energy, technology and trade sectors. China’s official news agency Xinhua has said […]
Suspected US Drone Attack Kills 11 in Pakistan
Posted June 20th, 2011 at 11:30 am (UTC-5)
Pakistani officials say U.S. drones fired missiles at a vehicle and house in northwest Pakistan, killing at least 11 militants, including Afghans. Monday’s rare attack in the Kurram tribal region was said to have killed members of the Haqqani network, which has been attacking NATO and Afghan forces in neighboring Afghanistan. The United States has […]
Wal-Mart Wins Huge Discrimination Lawsuit
Posted June 20th, 2011 at 11:20 am (UTC-5)
The U.S. Supreme Court has ruled against a huge group of women suing Wal-Mart for alleged gender discrimination. Under U.S. law, if an issue involves large numbers of people with very similar claims, the litigation can be combined into what is called a “class-action” lawsuit. This lawsuit potentially involved as many as 1.6 million women, […]
Afghan Finance Minister Slams IMF on Bank Crisis
Posted June 20th, 2011 at 11:20 am (UTC-5)
Afghanistan’s finance minister is accusing the International Monetary Fund of “playing games” when it comes to resolving the crisis surrounding the country’s largest private lender – Kabul Bank. Tens of millions of dollars in aid from foreign donor nations has been withheld from Afghanistan, since the IMF decided not to renew its support program after […]
Ageement Reached on Sudan’s Abyei Region
Posted June 20th, 2011 at 11:10 am (UTC-5)
The two sides in the dispute over Sudan’s Abyei region have signed an agreement after several days of negotiations in Addis Ababa, the Ethiopian capital. Their accord calls for the oil-rich region to be demilitarized and for Ethiopian peacekeepers to be deployed there. Negotiators, led by former South African president Thabo Mbeki, became deadlocked on […]
Eurozone Ministers to Greece: No Bailout Payment Without Spending Cuts
Posted June 20th, 2011 at 10:55 am (UTC-5)
( Title: GREECE ECONOMY 1ST UPD HEAD: Eurozone Ministers to Greece: No Bailout Payment Without Spending Cuts DATE: 06/20/11 NUMBER: 1053482 TYPE: CN )) Eurozone finance ministers say Greece must pass strong austerity measures before it receives the next $17 billion emergency loan payment from the European Union and the IMF to help stabilize its […]
