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German Parliament Approves Bill to Increase Bailout Fund

Posted September 29th, 2011 at 6:46 am (UTC-5)
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German lawmakers have approved a bill to increase the size of a bailout fund for struggling eurozone countries. The lower house of parliament voted to expand the fund to $593 billion dollars on Thursday. The vote was seen as a key test of German Chancellor Angela Merkel’s center-right coalition. The $593 billion figure was agreed […]

Tags: , , , Posted in Economy, Europe

Asia Markets Close Mostly Higher

Posted September 29th, 2011 at 6:45 am (UTC-5)
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Major Asian stock markets closed mostly higher Thursday. Tokyo’s Nikkei index rose one percent to finish at 8,701. Hong Kong’s Hang Seng index was closed due to the threat posed by Typhoon Nesat. Share prices were higher in Jakarta, Kuala Lumpur, Manila, Mumbai, Seoul, Singapore, Taipei and Wellington, but lower in Bangkok, Sydney and Shanghai. […]

Tags: , Posted in Economy

Aung San Suu Kyi to Meet Burmese Minister on Friday

Posted September 29th, 2011 at 6:40 am (UTC-5)
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A spokesman for Aung San Suu Kyi says the Burmese democracy leader will meet Friday with Labor Minister Aung Kyi. It will be the third meeting between the two since Aung San Suu Kyi was released from house arrest late last year. She has also met with President Thein Sein as the new government cautiously […]

Tags: , , Posted in East Asia Pacific

Bombing Kills 2 Outside Iraqi Bank

Posted September 29th, 2011 at 6:36 am (UTC-5)
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Officials in northern Iraq say a bomb has exploded outside a bank in the city of Kirkuk, killing at least two people. The officials said the explosion happened Thursday as policemen were collecting their paychecks at the bank, about 250 kilometers north of Baghdad. The blast also wounded at least 36 people. Violence in Iraq […]

Tags: Posted in Middle East

Roadside Bomb Kills Three in Western Afghanistan

Posted September 29th, 2011 at 6:35 am (UTC-5)
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A roadside bomb has killed at least three people in western Afghanistan. Thursday’s attack occurred when a remote-controlled bomb detonated near police vehicle travelling on an airport road in Herat province. Authorities say a female police officer and two civilians were killed in the attack. At least 10 other people were wounded in the blast, […]

Tags: , Posted in South Asia

Japanese Panel to Probe Fukushima Nuclear Accident

Posted September 29th, 2011 at 6:26 am (UTC-5)
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Japan’s ruling and opposition parties have agreed to establish a panel with strong powers to investigate the causes of the disastrous Fukushima nuclear power accident. Lawmakers said the 10-member panel will have broad authority to summon witnesses and demand the submission of documents. Agreement to set up the panel came from the ruling Democratic Party […]

Gunmen Open Fire on Cameroon Bridge

Posted September 29th, 2011 at 6:25 am (UTC-5)
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Authorities and eyewitnesses in Cameroon say several gunmen have opened fire on a major bridge in the country’s largest city, Douala. The gunmen reportedly blockaded the bridge, exchanging fire with security forces. It was not immediately clear if there were any casualties. The incident comes just 10 days before Cameroon holds presidential elections. President Paul […]

Tags: , Posted in Africa

Bahrain Sentences Protester to Death

Posted September 29th, 2011 at 6:15 am (UTC-5)
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A special court in Bahrain has sentenced a protester to death and another to life in prison for killing a policeman. The court Thursday also sentenced 20 medical workers who treated protesters during anti-government protests that began in February. The sentences range from five years to 15 years in prison. The state-run Bahrain News Agency […]

Tags: Posted in Middle East

Sudanese VP Meets with Libya’s Interim Government

Posted September 29th, 2011 at 6:12 am (UTC-5)
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Sudanese Vice President Ali Osman Taha is expected to meet Thursday in Tripoli with leaders of Libya’s interim government. It will be the highest level meeting between the two countries since the fall of former leader Moammar Gadhafi. Sudan, whose foreign minister visited Libya in August, is eager to develop positive diplomatic relations with Libya’s […]

Tags: , , Posted in Africa

Japanese Panel to Probe Fukushima Nuclear Accident

Posted September 29th, 2011 at 6:10 am (UTC-5)
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Japan’s ruling and opposition parties have agreed to establish a panel with strong powers to investigate the causes of the disastrous Fukushima nuclear power accident. Lawmakers said the 10-member panel will have broad authority to summon witnesses and demand the submission of documents. Agreement to set up the panel came from the ruling Democratic Party […]

Tags: , Posted in East Asia Pacific