U.S. Federal Reserve chief Ben Bernanke says a failure to resolve the debt crisis in Greece could threaten the global financial system. Asked at a news conference Wednesday to comment on the crisis, Bernanke said if Greece defaulted on its debt, the impact would go beyond Europe and pose threats to the global economy. He […]
Bernanke: Greek Crisis Could Threaten Global Finance
Posted June 22nd, 2011 at 3:50 pm (UTC-5)
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Russia to Lift Ban on EU Produce, Bans Meat
Posted June 22nd, 2011 at 3:30 pm (UTC-5)
Russia says it will ban some German meat and dairy imports, citing concern about E. coli, even as the European Union and Russia struck a deal on conditions for lifting a ban on EU vegetables. Russian regulators said Wednesday the ban on meat and milk products from about 300 German companies is being implemented because […]
US Disappointed That Russia Bars Political Party
Posted June 22nd, 2011 at 3:15 pm (UTC-5)
The United States said Wednesday it was disappointed by Russia’s decision to bar an opposition political party from participating in the country’s upcoming parliamentary elections. Secretary of State Hillary Clinton said in a statement that the U.S. also was “troubled” by reports of pressure by authorities against supporters of the Party of People’s Freedom, or […]
Thousands Protest Government Corruption in Kosovo
Posted June 22nd, 2011 at 3:10 pm (UTC-5)
Thousands of protesters in Kosovo have gathered in the capital, Pristina, for a demonstration against alleged government corruption and embezzlement of public funds. The demonstrators marched through downtown Pristina Wednesday, carrying banners and chanting “thieves.” The protest was organized by the opposition, which blames the government for the poor economic situation in Kosovo. Opposition leader […]
UN: Sudanese Troops Arrest 6 UN Staffers
Posted June 22nd, 2011 at 2:55 pm (UTC-5)
The United Nations Mission in Sudan says Sudanese troops have arrested six staff members who were being evacuated from a volatile north-south border state. The mission said the staffers, all of whom are Sudanese nationals, were detained at the airport in Southern Kordofan state on Wednesday. Spokesman Kouider Zerrouk condemned the arrests, saying they violate […]
Burma’s Aung San Suu Kyi Asks for US Support for Inquiry
Posted June 22nd, 2011 at 2:50 pm (UTC-5)
Burmese opposition leader, Aung San Suu Kyi told members of the U.S. Congress that a United Nations Human Rights Council resolution passed earlier this year is good guide for how Burma can move toward democracy. In videotaped comments to the House subcommittee on Asia and Pacific Affairs Wednesday, the Nobel Peace laureate said the resolution […]
Fed: US Economy Growing More Slowly Than Expected
Posted June 22nd, 2011 at 2:40 pm (UTC-5)
The head of the U.S. central bank says the economy is growing more slowly than expected, but says growth will pick up early next year. Federal Reserve Chairman Ben Bernanke told journalists that the slower growth is due to temporary problems such as the disruptions caused by Japan’s earthquake and an increase in gasoline prices. […]
British Police Charge Teenager With Hacking Attacks
Posted June 22nd, 2011 at 2:40 pm (UTC-5)
British police have charged a 19-year-old man with cybercrime offenses following his arrest earlier this week in connection with international hackers. Officials say Ryan Cleary is due to appear in court Thursday to face five charges that include hacking the official website of Britain’s Serious Organized Crime Agency. Cleary was arrested Monday at his home […]
Zimbabwe Shuns Kimberley Process Diamond Restrictions
Posted June 22nd, 2011 at 2:30 pm (UTC-5)
Zimbabwe’s mining minister says he will no longer discuss whether his country can sell its diamonds, as international meetings on conflict diamonds continue this week. Mines Minister Obert Mpofu told VOA Zimbabwe has fully complied with international requests to improve its human rights conditions at the Marange diamond fields. He says Zimbabwe will resist attempts […]
Fed: US Economy Growing More Slowly Than Expected
Posted June 22nd, 2011 at 1:45 pm (UTC-5)
Top officials of the U.S. central bank say the economy is growing more slowly than they expected. Federal Reserve officials say the slower growth is due to temporary problems such as the disruptions caused by Japan’s earthquake and an increase in gasoline prices. The economic assessment comes after two days of consultations among top bank […]
