Showing Archived Posts

Chinese Authorities Quash Reports on Death of Jiang Zemin

Posted July 7th, 2011 at 9:25 am (UTC-5)
Leave a comment

Chinese authorities are officially denying that Jiang Zemin is dead after days of speculation about the health of the former president. Reports that the 84-year-old Jiang had died began spreading across the Internet following his failure to appear at ceremonies Friday marking the 90th anniversary of the founding of the Communist Party of China. After […]

Tags: , , , Posted in East Asia Pacific

Another Indian Minister Resigns During Telecom Probe

Posted July 7th, 2011 at 9:15 am (UTC-5)
Leave a comment

Indian textiles minister, Dayanidhi Maran, has resigned from the government for his alleged role in the corruption scandal involving India’s telecommunications industry. News reports said Maran submitted his letter of resignation Thursday following allegations he rigged the sale of telecommunications licenses and bandwidth while he was telecom minister from 2004 to 2007. He is suspected […]

Tags: , Posted in South Asia

Obama Proposing Bigger Cuts to Control US Debt

Posted July 7th, 2011 at 9:10 am (UTC-5)
Leave a comment

U.S. President Barack Obama is proposing a bolder package to slash spending and increase some tax revenue in an effort to break the political impasse over America’s growing debt. White House and congressional aides say Mr. Obama will propose doubling the amount of money trimmed from the country’s budget deficit to $4 trillion when he […]

Tags: , , , , Posted in Americas, Economy, US

North Sudan Army Demobilizes Southern Members

Posted July 7th, 2011 at 9:00 am (UTC-5)
Leave a comment

The army of north Sudan is demobilizing some 15,000 southerners from its ranks, as the south gets set to declare independence. The pro-government Sudanese Media Center reports there will be a dismissal ceremony in Khartoum Thursday, to be addressed by Defense Minister Abdel Rahim Mohammed Hussain. The new Republic of South Sudan is due to […]

Tags: , Posted in Africa

Pakistani Scientist Says North Korea Paid for Nuclear Technology

Posted July 7th, 2011 at 8:45 am (UTC-5)
Leave a comment

The founder of Pakistan’s nuclear program says North Korea paid top Pakistani military officers more than $3 million in exchange for nuclear technology in the 1990s. The Washington Post reported Thursday that Abdul Qadeer Khan released documents detailing the secret transfer, including a North Korean official’s 1998 letter to him, which was written in English. […]

Tags: , , , , Posted in South Asia

European Stocks Higher in Midday Trading

Posted July 7th, 2011 at 7:45 am (UTC-5)
Leave a comment

European stock prices are higher in midday trading Thursday. London’s Financial Times index, the CAC-40 in Paris and the DAX index in Frankfurt are all up about four-tenths of one percent. In New York, the S&P futures contract is up five points, indicating a higher opening. Tokyo’s Nikkei index lost one-tenth of one percent to […]

Tags: , , , Posted in Economy

Syrian Rights Activist: Hundreds Flee Hama

Posted July 7th, 2011 at 7:25 am (UTC-5)
Leave a comment

A Syrian human rights group says hundreds of people are fleeing the central city of Hama for fear of a military crackdown by security forces. The Syrian Observatory for Human Rights says dozens of families left the city Thursday. Activists say Syrian security forces opened fire on civilians there Tuesday, killing at least 22 people […]

Tags: , , Posted in Middle East

Syrian Rights Activist: Hundreds Flee Hama

Posted July 7th, 2011 at 7:05 am (UTC-5)
Leave a comment

A Syrian human rights group says hundreds of people are fleeing the central city of Hama for fear of a military crackdown by security forces. The Syrian Observatory for Human Rights says dozens of families left the city Thursday. Activists say Syrian security forces opened fire on civilians there Tuesday, killing at least 22 people […]

Tags: Posted in Middle East

Asia Markets Close Mixed

Posted July 7th, 2011 at 6:55 am (UTC-5)
Leave a comment

Major Asian stock markets closed mixed Thursday. Tokyo’s Nikkei index lost just over one-tenth of one percent to finish at 10,071. Hong Kong’s Hang Seng index earned a fraction of one percent to finish the day’s trading at 22,530. Share prices were higher in Bangkok, Jakarta, Mumbai, Seoul, Singapore, Sydney, but lower in Kuala Lumpur, […]

Tags: , Posted in Economy

Russian Gets Death Sentence in China Drug Case

Posted July 7th, 2011 at 6:45 am (UTC-5)
Leave a comment

Russian officials say a Russian man has been sentenced to death in China for drug trafficking. A Russian embassy spokesman in China says the man was trying to smuggle nearly three kilograms of heroin when he was arrested at Urumqui Airport in northern China last year. He was tried and convicted last November. The Itar […]

Tags: , Posted in Europe