A spokesman for Afghan President Hamid Karzai has called the country’s top banker a “runaway governor,” disputing claims that he left the country because his life was in danger. The spokesman, Waheed Omar, said that Central Bank Governor Abdul Qadir Fitrat did not go through official channels to resign, but instead escaped the country. He […]
Afghanistan’s Top Banker Flees Nation, Resigns
Posted June 28th, 2011 at 10:40 am (UTC-5)
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Space Station Crew Takes Shelter from Space Junk
Posted June 28th, 2011 at 10:20 am (UTC-5)
An unidentified piece of space debris came close to the International Space Station Tuesday, forcing the six crew members to seek shelter in their rescue craft. News reports said the space junk passed within about 245 meters of the space station. There are currently three Russians, two Americans and one Japanese astronaut at the space […]
Russia Urges Syria to Implement ‘Real’ Reforms
Posted June 28th, 2011 at 10:05 am (UTC-5)
A Russian envoy says Moscow wants Syria to implement “real” reforms and “put an end to violence” that has shaken the country since the start of a pro-democracy uprising in March. Mikhail Margelov made the comments after meeting with a group of exiled Syrian opposition activists in the Russian capital on Tuesday. The activists urged […]
Report: 250,000 Afghan Refugees Flee Conflict
Posted June 28th, 2011 at 10:00 am (UTC-5)
Refugees International says more Afghans are becoming caught in the middle of an intensifying military campaign in Afghanistan, with some 250,000 citizens fleeing their homes in the past two years. In a report released Tuesday, the Washington-based group urges the Obama administration to reduce further displacement and ensure that the Afghan government takes greater responsibility […]
Opposition Lawmakers Boycott Turkish Parliament
Posted June 28th, 2011 at 9:50 am (UTC-5)
Opposition lawmakers in Turkey are boycotting the opening of parliament in protest of a court decision to prevent several elected but detained officials from taking their seats. One third of the 550-member newly-elected parliament said Monday they will attend the opening ceremony but will refuse to take the oath until their colleagues are freed. The […]
Nigerian President Submits Cabinet Nominees
Posted June 28th, 2011 at 9:50 am (UTC-5)
Nigerian President Goodluck Jonathan has submitted a list of 34 cabinet nominees to the Senate for approval. Senate President David Mark read the list, which did not specify portfolios, to the upper house of parliament Tuesday. Some of the proposed ministers include ex-finance minister Olusegun Aganga, a former Goldman Sachs executive. Former oil minister Deziani […]
Washington Backs Lagarde To Head IMF
Posted June 28th, 2011 at 9:35 am (UTC-5)
The United States is supporting French Finance Minister Christine Lagarde in her bid to be the next head of the International Monetary Fund. Russia also publicly endorsed her on Tuesday. In a note to journalists Tuesday, U.S. Treasury Secretary Timothy Geithner cited Lagarde’s “exceptional talent and broad experience.” Geithner also commended her rival for the […]
Washington Backs Lagarde To Head IMF
Posted June 28th, 2011 at 9:05 am (UTC-5)
The United States is supporting French Finance Minister Christine Lagarde in her bid to be the next head of the International Monetary Fund. In a note to journalists Tuesday, U.S. Treasury Secretary Timothy Geithner cited Lagarde’s “exceptional talent and broad experience.” Geithner also commended her rival for the post, Mexican central bank chief Agustin Carstens […]
South Africa Denies Approving Billion Dollar Loan for Swaziland
Posted June 28th, 2011 at 8:50 am (UTC-5)
South Africa has denied a report that it approved a $1.2 billion loan for its neighbor, cash-strapped Swaziland. The South African Finance Ministry, in a statement Tuesday, confirmed that Swaziland has requested a loan, but said “no loan has been agreed to or granted.” The ministry said the two countries are holding “technical discussions” about […]
