The Red Cross has begun a massive food aid distribution aimed at helping 1.1 million people in famine-struck Somalia. The International Committee of the Red Cross says the first round of distributions in Somalia’s Gedo region will provide 72,000 people with enough beans, oil and rice to cover their needs for a month. An ICRC […]
New Food Distribution in Famine-Hit Somalia
Posted October 5th, 2011 at 7:55 am (UTC-5)
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European Stocks Higher in Midday Trading
Posted October 5th, 2011 at 7:40 am (UTC-5)
European stock prices are higher in midday trading Wednesday. London’s Financial Times index is up more than two and one-quarter percent. The CAC-40 in Paris is three and one-quarter percent higher, and trading on the DAX index in Frankfurt is up nearly three and three-quarters percent. In New York, the S&P futures contract is up […]
Greek Workers Strike Against Austerity Measures
Posted October 5th, 2011 at 7:35 am (UTC-5)
Government workers walked off their jobs in Greece Wednesday for a 24-hour strike to protest austerity measures designed to help the government obtain more bailout loans. The strike closed schools and other government services, and airlines cancelled flights when air traffic controllers joined the work stoppage. A Greek terrorist trial has been postponed until October […]
Thai PM Pays One-Day Visit to Burma
Posted October 5th, 2011 at 7:15 am (UTC-5)
Thai Prime Minister Yingluck Shinawatra is in Burma for a one-day visit aimed at enhancing diplomatic ties and economic cooperation. Ms. Yingluck arrived Wednesday in the Burmese administrative capital, Naypyitaw, for talks with Burma’s top leaders. The Thai English-language newspaper The Nation said Burmese President Thein Sein was hosting a dinner for the Thai leader […]
Pakistan Arrest 70 Over Sectarian Attacks
Posted October 5th, 2011 at 7:15 am (UTC-5)
Police in Pakistan have detained more than 70 people in connection with a recent spate of sectarian violence in southwestern Baluchistan province. Officials say the arrests were made during a series of raids early Wednesday morning, across the regional capital, Quetta, where Shi’ite Muslims have recently come under increased attacks. On Tuesday, gunmen attacked a […]
IMF Pushes Eurozone to Resolve Debt Crisis
Posted October 5th, 2011 at 7:10 am (UTC-5)
The International Monetary Fund has released its economic outlook report for Europe. The report urges the eurozone to fix its debt crisis, saying countries in the region should use their resources more creatively. The IMF’s Europe chief, Antonio Borges, added, the fund “should encourage other investors to invest alongside them.” Belgium and France Tuesday guaranteed […]
Thailand Nabs Suspect in Yingluck Twitter Takeover
Posted October 5th, 2011 at 7:05 am (UTC-5)
Authorities in Thailand say a young man has confessed to hacking into the Twitter account of Prime Minister Yingluck Shinawatra and posting a series of disparaging messages. Information Minister Anudith Nakornthap presented the young man at a news conference Wednesday. He said Ekawit Thongdeeworakul has expressed remorse and offered to use his skills to help […]
Samsung Seeks to Block iPhone Sales in Europe
Posted October 5th, 2011 at 7:05 am (UTC-5)
South Korean technology giant Samsung is threatening legal action to prevent U.S.-based rival Apple from selling its latest iPhone in France and Italy. In a statement Wednesday, the company says it will file preliminary injunctions in the two countries, accusing Apple of infringing its patents on wireless communications technology. Samsung says Apple has continued to […]
Russia, China Veto UN Resolution on Syria; US, Europe ‘Outraged’
Posted October 5th, 2011 at 6:55 am (UTC-5)
Turkish Prime Minister Tayyip Recep Erdogan says his government will impose its own sanctions on Syria, despite the failure of a European-drafted resolution at the U.N. Security Council. Russia and China vetoed the resolution Tuesday, sparking U.S. and European outrage. The measure contained possible references to sanctions against Syria if its leader pursues a brutal […]
Asia Markets Close Mixed
Posted October 5th, 2011 at 6:55 am (UTC-5)
Major Asian stock markets closed mixed Wednesday. Tokyo’s Nikkei index fell nearly one percent to finish at 8,383. Share prices were higher in Bangkok, Jakarta, Kuala Lumpur, Sydney and Wellington, but lower in Manila, Mumbai, Seoul and Taiwan. The indexes in Hong Kong and Shanghai were closed. In currency trading, the U.S. dollar was selling […]
