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Ukraine Prosecutors Want 7-Year Jail Term for Former PM Tymoshenko

Posted September 27th, 2011 at 1:44 pm (UTC-5)
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Ukraine began final hearings Tuesday in the trial of former prime minister Yulia Tymoshenko after a two-week suspension. Ms. Tymoshenko is on trial in Kyiv on charges of misuse of power over a gas deal signed with Russia while she led the government in 2009. She has not been convicted, but Ukrainian prosecutors Tuesday called […]

Tags: , Posted in Europe

Zimbabwe to Enforce ‘Indigenization’

Posted September 27th, 2011 at 1:35 pm (UTC-5)
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Zimbabwe is threatening penalties against foreign firms that have not complied with a law to give black Zimbabweans a majority stake in their local operations. The government required the foreign companies to submit so-called “indigenization plans” by this week. Wilson Gwatiringa, who heads the government’s Indigenization and Economic Empowerment Board, said Tuesday that more than […]

Tags: , , , Posted in Africa

US Housing Sees Annual Decline In Prices

Posted September 27th, 2011 at 1:35 pm (UTC-5)
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U.S. housing prices fell more than 4 percent during the 12-month period ending in July. Tuesday’s report from a business research group shows declines in most of the 20 cities where it tracks prices. Comparing July with the previous month, home prices rose slightly, but analysts say the annual figures give a clearer picture of […]

Tags: , , , Posted in Economy

Saudi Court Sentences Woman to 10 Lashes for Driving

Posted September 27th, 2011 at 1:28 pm (UTC-5)
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Saudi activists say a court in Jeddah has sentenced a Saudi woman to 10 lashes for challenging the conservative Muslim kingdom’s ban on women driving. The sentencing comes just two days after Saudi Arabia’s King Abdullah announced that women will have the right to vote and run in local elections starting in 2015. Amnesty International […]

Tags: , Posted in Middle East

Obama to Push Jobs Bill in Colorado

Posted September 27th, 2011 at 1:28 pm (UTC-5)
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U.S. President Barack Obama stops in Denver, Colorado, Tuesday as part of a national tour to promote a jobs bill and raise money for next year’s campaign. Mr. Obama is speaking at Abraham Lincoln High School in Denver. In recent weeks he has been urging Americans to pressure their congressmen to pass the $447 billion […]

Tags: , , Posted in US

Israel Moves Forward With Settlement Construction Plan

Posted September 27th, 2011 at 1:20 pm (UTC-5)
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Israel is going ahead with a plan to construct 1,100 new housing units in east Jerusalem, a move that could further strain efforts for renewed peace talks with Palestinians. An Israeli district committee approved the plan for settlement construction in Gilo on Tuesday. The measure must now pass a 60-day public comment period, during which […]

Zimbabwe to Enforce ‘Indigenization’

Posted September 27th, 2011 at 1:09 pm (UTC-5)
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Zimbabwe is threatening penalties against foreign firms that have not complied with a law to give black Zimbabweans a majority stake in their local operations. The government required the foreign companies to submit “indigenization plans” by this week. Wilson Gwatiringa, who heads the government’s Indigenization and Economic Empowerment Board, said Tuesday that more than 700 […]

Tags: , Posted in Africa

More than 270 Injured in China Subway Crash

Posted September 27th, 2011 at 1:05 pm (UTC-5)
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China says two subway trains have crashed at a station in Shanghai, injuring more than 270 passengers. The official Xinhua news agency said a train slammed into the back of another after a mid-afternoon signal equipment failure at a station. The report said most of the injured sustained bone fractures and head trauma, and said […]

Tags: , , , Posted in East Asia Pacific

Pakistan Pledges to Attack Anti-China Militants

Posted September 27th, 2011 at 12:43 pm (UTC-5)
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Pakistan has promised a visiting Chinese official that it will crack down on Chinese Muslim separatists who use Pakistani territory as a base for attacks in neighboring China. Pakistani Interior Minister Rehman Malik made the pledge Tuesday to China’s public security minister, Meng Jianzhu. Malik said enemies of China such ethnic Uzbek separatists and the […]

Tags: , , , Posted in East Asia Pacific

World Stocks Advance Sharply on Tuesday

Posted September 27th, 2011 at 12:41 pm (UTC-5)
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World stock markets advanced broadly on Tuesday as hope grew that the European debt crisis would be resolved. U.S. stock indexes moved higher in midday trading. The Dow Jones Industrial Average of 30 key stocks is up 2.6 percent, with the S&P 500 ahead 2.5 percent. The technology-laden NASDAQ is up 2.4 percent. European stock […]

Tags: , , , Posted in Economy