A Greek parliament report says the country’s debt is “out of control” and warns Greece will miss its budget deficit target for the year. Parliament’s State Budget Office blames government delays in implementing economic reform, long-standing tax collection problems, and the overall slowdown of the global economy. Finance Minister Evangelos Venizelos has already said the […]
Greek Parliament: Country’s Debt is ‘Out of Control’
Obama Plans Jobs Speech to Congress Next Week
U.S. President Barack Obama says he will announce plans to promote jobs and economic growth in a speech to Congress next week, although there is a now a dispute involving the Republican Speaker of the House of Representatives over the timing of the event. Mr. Obama on Wednesday said the country must deal with “unprecedented […]
August 2011 Deadliest Month for US Troops in Afghanistan
August became the deadliest month so far for the U.S. military in the decade-long war in Afghanistan, with the death toll totaling 66 troops. The number tops by one the death toll for July 2010, which was previously the deadliest single month for U.S. troops since the invasion of Afghanistan after the September 11, 2001 […]
Obama Plans Jobs Speech to Congress Next Week
U.S. President Barack Obama says he will announce plans to promote jobs and economic growth in a speech to Congress next week. Mr. Obama on Wednesday said the country must deal with “unprecedented economic challenges,” and he has asked congressional leaders to call a joint session of the Senate and House of Representatives for the […]
Venus Williams Diagnosed with Immune System Disease, Drops Out of US Open
Tennis superstar Venus Williams has dropped out of the U.S. Open after winning her first-round match, saying she has been diagnosed with what she calls an “energy-sucking” illness. Williams said Wednesday she is suffering from Sjogren’s Syndrome — a disease where the body’s immune system attacks glands that produce salvia and tears. Along with dry […]
Liberian Voters Reject Referendum Measures
Officials in Liberia say voters rejected all four proposed changes to the country’s constitution in a recent referendum. An election commission official announced Wednesday that none of the proposals recieved the two-thirds majority needed to pass. The most controversial change would have reduce the number of consecutive years a presidential candidate must have resided in […]
Sri Lanka Ends State of Emergency, Introduces New ‘Anti-Terror’ Law
The Sri Lankan government lifted strict wartime emergency laws Tuesday night, but introduced new regulations under the Prevention of Terrorism Act allowing it to continue holding suspects detained during the state of emergency. Justice Minister Rauf Hakeem said Wednesday that about 1,200 people detained under the emergency laws will likely be freed soon. But hours […]
Eastern US Still Recovering from Irene
Residents in the eastern United States are still recovering from Irene — a hurricane that weakened into a tropical storm — with communities cut off by flooding and some schools closed because of lost power. Emergency workers have begun airlifting food and water to thousands of residents stranded in the northeastern state of Vermont, after […]
Petraeus Says US Must Maintain Military Versatility
General David Petraeus, one of the U.S. military’s most influential voices, is warning against limiting the versatility and flexibility of the armed forces, as the Pentagon prepares to make drastic budget cuts. Petraeus said Wednesday the government is facing “difficult budget decisions” but that the September 11 terrorist attacks in 2001 are a reminder that […]
Gadhafi Son: Fight Will Continue Until Death
One of former Libyan leader Moammar Gadhafi’s sons told a Syrian television station late Wednesday that he is in the suburbs outside Tripoli and that his father “is fine.” Seif al-Islam Gadhafi vowed that he and other family members would fight until death and said nobody will surrender. He told the pro-Gadhafi al-Rai satellite television […]