Markets across Asia and Europe are witnessing another day of massive losses Friday, as fears grow over the European debt crisis and the struggling U.S. economy. Japan’s Nikkei index lost just over two-and-a-half percent at the closing bell, while the Kospi index in Seoul plunged over six percent by the end of its trading session. […]
Global Stocks Dropping Amid Rising Fears of Economy
Democracy Leader Meets Burma President
A Burmese government official says democracy leader Aung San Suu Kyi met Friday with President Thein Sein in the administrative capital Naypyidaw. It was the first meeting between the Nobel peace laureate and Burma’s first civilian president. Anonymous government officials said the two met at the presidential palace, but did not say what they discussed […]
Taliban Attack on British Council in Kabul Kills 9
Afghan officials say at least nine people were killed Friday in at least two suicide bombings and a gun battle at a British cultural center in Kabul. Shots were still heard hours after the suicide bombers started the attack. Several more explosions were heard inside the British Council compound. The Taliban has claimed responsibility for […]
20 Killed in Pakistan Blast
Officials in northwestern Pakistan say a bomb blast in a mosque during Friday prayers has killed at least 20 people and wounded at least 50 others. Authorities say the explosion happened in the the Khyber tribal region. The tribal district is a hotbed of militant activity. No group has claimed responsibility for the attack.
Obama Administration Revamps Deportation Policy
The Obama administration says it will review the cases of more than 300,000 illegal immigrants facing deportation to determine if they can stay in the United States. In a letter to a group of lawmakers, Homeland Security Secretary Janet Napolitano says officials will review each case to identify “low priority” offenders, including those who have […]
Taliban Attack on British Council in Kabul Kills 9
Afghan officials say at least nine people were killed Friday in twin suicide bombings and a gun battle at a British cultural center in Kabul. Shots were still heard hours after the suicide bombers started the attack. Several more explosions were heard inside the British Council compound. The Taliban has claimed responsibility for the attack, […]
Indian Anti-Corruption Activist Begins Hunger Strike
Indian activist Anna Hazare has begun his 15-day public hunger strike to demand tougher anti-corruption legislation. Thousands of his supporters greeted Hazare when he arrived Friday at the open-air, 25,000-capacity New Delhi venue where he is staging the strike. Hazare arrived, hours after he left Tihar jail. The 74-year-old activist’s procession from the jail through […]
Tokyo Stocks, Dollar Down
Japanese share prices ended lower Friday, while the dollar slipped against the yen. Tokyo’s Nikkei index dropped two-and-a-half percent , to close at 8,719. In currency trading, the dollar was selling at 76.41 yen, down two-tenths of a yen from late Thursday. Gold was selling at $1,862.95 an ounce.
Israel-Gaza Violence Escalates After Deadly Attack on Israelis
Militants in the Gaza Strip have fired rockets into Israel after Israeli warplanes pounded the Palestinian territory in retaliation for a series of attacks in southern Israel that killed eight. Israeli authorities said militants launched at least 10 rockets into Israel Friday, damaging a school and a synagogue in the southern city of Ashdod and […]
Obama Nominates Ambassador for South Sudan
U.S. President Barack Obama has nominated a State Department official as U.S. ambassador to the world’s newest country, South Sudan. Mr. Obama chose Susan Page, who is deputy assistant secretary of state in the Bureau of African Affairs. Page has extensive experience in the U.S. foreign services, having worked in Sudan, Kenya, Rwanda and Botswana. […]