Showing Archived Posts

Russia ‘Surprised’ at Iran’s Legal Action Over Missile System

Posted August 25th, 2011 at 2:50 pm (UTC-5)
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Russia has expressed surprise at Iran’s decision to file a suit with an international court over Moscow’s cancellation of a missile contract. A spokesman for Russia’s Foreign Ministry said Thursday Russia acted in accordance with United Nations Security Council resolutions. The spokesman said Russia had no choice but to cancel the long-agreed delivery of ground-to-air […]

Tags: , , Posted in Europe

HRW: Nigeria’s Anti-Graft Agency Weak

Posted August 25th, 2011 at 2:40 pm (UTC-5)
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A global rights group says Nigeria’s anti-corruption agency has done little to stop powerful politicians who are corrupt. In a report released on Thursday, Human Rights Watch said Nigeria’s Economic and Financial Crimes Commission, known as the EFCC, has been ineffective because of mismanagement, internal corruption and political interference. The U.S.-based group criticized the EFCC […]

Tags: , Posted in Africa

Steve Jobs: Computer Geek Turned Pop Icon

Posted August 25th, 2011 at 2:35 pm (UTC-5)
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His wardrobe of black mock turtle-neck shirts and blue jeans sets him apart from other executives. He is known for super-sized announcements about the latest in must-have consumer technology. And people around the world, from technology buffs to music fans, hang on his every word. The news late Wednesday that Apple chief executive Steve Jobs […]

Tags: , , Posted in Economy

India’s PM Urges Anti-Corruption Activist to End Fast

Posted August 25th, 2011 at 2:35 pm (UTC-5)
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Indian Prime Minister Manmohan Singh is appealing to a prominent anti-corruption activist to end his 10-day hunger strike, while urging lawmakers to consider all options to make India corruption-free. Mr. Singh told parliament Thursday he wants his government to debate all reform proposals, including the one championed by activist Anna Hazare. The prime minister praised […]

Tags: , , , Posted in South Asia

Libya’s Gadhafi Urges Loyalists to Resist Tripoli Rebels

Posted August 25th, 2011 at 2:30 pm (UTC-5)
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Libyan leader Moammar Gadhafi has urged his supporters to rise up and defeat the rebels trying to oust him from power. In a short audio broadcast on Thursday, he described his opponents as “rats” and also denounced foreign countries for their involvement in the conflict. His speech came as fierce gunbattles between pro-Gadafi forces and […]

Tags: , , Posted in Middle East

India’s Central Bank Warns Inflation Will Slow Growth

Posted August 25th, 2011 at 2:25 pm (UTC-5)
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India’s central bank is warning that the country’s high inflation rate is likely to slow economic growth. High food prices and hikes in fuel costs have hiked India’s inflation rate to more than 9 percent. The assessment came Thursday in the Reserve Bank of India’s annual report, which predicted inflation will remain high for some […]

Tags: , Posted in South Asia

Sri Lanka’s President Announces Plans to End Emergency Laws

Posted August 25th, 2011 at 2:05 pm (UTC-5)
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Sri Lankan President Mahinda Rajapaksa says he plans to end the country’s strict wartime emergency laws, which have been in place for nearly 30 years. Speaking to Parliament Thursday, Mr. Rajapaksa said he believed there was no longer a need to have the laws since the country’s civil war against Tamil Tiger separatists ended in […]

Tags: , , , , Posted in South Asia

US Stocks Decline

Posted August 25th, 2011 at 1:35 pm (UTC-5)
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U.S. stock market indexes fell sharply in Thursday’s midday trading. The Dow Jones Industrial Average retreated 1.3 percent, the S&P 500 fell 1.4 percent, and the NASDAQ slid 1.6 percent. European stock markets were sharply lower at the close of trading. London’s Financial Times 100 index lost 1.4 percent to end at 5,131. The CAC […]

Tags: , , , Posted in Economy

Steve Jobs and Apple

Posted August 25th, 2011 at 1:30 pm (UTC-5)
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February 24, 1955 – Steven Paul Jobs is born in California. He grows up in the area that is to become known as Silicon Valley. 1974 – Jobs works as a technician with the video game maker Atari. He saves money and then travels to India to find spiritual enlightenment. April 1, 1976 – Jobs […]

Tags: , , Posted in Economy

Prominent Syrian Cartoonist Attacked, Beaten

Posted August 25th, 2011 at 1:20 pm (UTC-5)
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Syrian security forces have attacked the country’s best-known political cartoonist, beating him severely and leaving him hospitalized. Human rights activists say passers-by found Ali Ferzat Thursday on a road outside Damascus, after he was kidnapped, beaten and dumped on the side of a street. A relative of Ferzat told Western media the attackers threatened to […]

Tags: , , Posted in Middle East