Showing Archived Posts

Norwegian Massacre Suspect Set to Explain Motive in Court

Posted July 25th, 2011 at 5:35 am (UTC-5)
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The lawyer for the suspect in Friday’s massacre in Norway says his client will explain his motives when he makes his first court appearance Monday, while prosecutors say they will ask that the proceedings be held behind closed doors. Anders Behring Breivik faces terrorism charges for allegedly bombing the prime minister’s office building in Oslo, […]

Tags: Posted in Europe

New U.S. Ambassador Reports to Work in Kabul

Posted July 25th, 2011 at 5:25 am (UTC-5)
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The new U.S. ambassador to Afghanistan was sworn in Monday in Kabul. Ryan Crocker told diplomats at the ceremony that the United States is not rushing to leave Afghanistan. The new envoy also said the U.S. has no interest in permanent military bases within Afghanistan. Crocker said that even after U.S. forces depart, he is […]

Tags: Posted in South Asia

World Markets Await US Debt Deal

Posted July 25th, 2011 at 5:20 am (UTC-5)
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Stock markets in the Asia-Pacific region fell in trading Monday, as investors waited to find out whether U.S. President Barack Obama and congressional leaders would reach agreement on raising the federal debt limit. In Tokyo, the Nikkei average closed down eight-tenths of a percent after a three-day run of gains last week. Hong Kong’s Hang […]

Tokyo Markets, Dollar Lower

Posted July 25th, 2011 at 5:15 am (UTC-5)
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Japanese share prices ended lower Monday, while the dollar slipped against the yen. Tokyo’s Nikkei index dropped eight-tenths of a percent to close at 10,050. In currency trading, the dollar was selling at 78.16 yen, down four-tenths of a yen from late Friday. Gold was trading at $1,619.38 an ounce.

Tags: , Posted in East Asia Pacific

Last Yugoslav War Crimes Suspect Faces Court

Posted July 25th, 2011 at 5:00 am (UTC-5)
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The former leader of Croatia’s ethnic Serbs is set to face a United Nations war crimes tribunal Monday to hear charges of murdering hundreds of people during the Balkans conflict in the early 1990s. Goran Hadzic faces 14 counts of war crimes and crimes against humanity. The 52-year-old was arrested last week and extradited to […]

Tags: , , Posted in Europe

Aung San Suu Kyi Meets Burmese Official in Rangoon

Posted July 25th, 2011 at 5:00 am (UTC-5)
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Burmese democracy activist Aung San Suu Kyi visited a government guest house in Rangoon Monday for her first talks with a high-level government official since her release from house arrest in November. Spokesmen for the Nobel Peace laureate’s National League for Democracy said the meeting with Labor Minister Aung Kyi was arranged in the past […]

Tags: , Posted in East Asia Pacific

Asian Markets Lower

Posted July 25th, 2011 at 4:30 am (UTC-5)
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Asian stock markets were lower in trading Monday. Tokyo’s Nikkei index dropped eight-tenths of a percent to close at 10,050. Hong Kong’s Hang Seng index fell seven-tenths of a percent to end at 22,293. Elsewhere, share prices were lower in Shanghai, Sydney, Wellington and Taipei. Markets in Manila edged up slightly. The dollar was selling […]

Tags: , , Posted in East Asia Pacific

Syria to Allow Political Parties

Posted July 25th, 2011 at 4:15 am (UTC-5)
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The Syrian government has approved a new law allowing the formation of political parties, reversing a ban on opposition groups since the Ba’ath Party took power in 1963. The state news agency SANA said Monday the bill is part of a political reform program, and stipulates that parties cannot be based on a religious, tribal […]

Tags: Posted in Middle East

UN Report: Asia-Pacific Recovers from Global Financial Crisis

Posted July 25th, 2011 at 4:05 am (UTC-5)
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A United Nations report released Monday says export recovery has led the Asia-Pacific region out of the 2009 global economic and financial crisis. The Asia-Pacific Trade and Investment Report says trade in the region has returned to pre-crisis levels, while foreign direct investment flows have also fully recovered in selected parts of the region, particularly […]

Clinton, in Hong Kong, Reassures Asian Investors

Posted July 25th, 2011 at 3:35 am (UTC-5)
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U.S. Secretary of State Hillary Clinton is seeking to reassure Asian investors that American legislators will come up with a deal to prevent the country from defaulting on its financial obligations. Clinton also said she is “confident” the Congress will work with President Barack Obama on a plan to improve the country’s long-term fiscal outlook. […]