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Former Cape Verde Leader Wins Africa Leadership Prize

Posted October 10th, 2011 at 9:40 am (UTC-5)
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Cape Verde’s former president, Pedro Pires, has won a $5 million prize for good governance in Africa. The Mo Ibrahim Foundation named Mr. Pires the winner of its 2011 prize Monday at a news conference in London. Mr. Pires is the first winner of the Ibrahim Prize since 2008 because the previous two years, the […]

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Excerpts from Nobel Economics Citation

Posted October 10th, 2011 at 9:35 am (UTC-5)
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Following are excerpts released by the prize committee in awarding Thomas J. Sargent and Christopher A. Sims the 2011 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel: “Thomas J. Sargent and Christopher A. Sims developed the methods that now predominate in empirical studies of the two-way relations between money or monetary policy […]

Tags: , , Posted in Economy, Europe, US

Diplomats: Burmese Prisoner Release May be Imminent

Posted October 10th, 2011 at 9:35 am (UTC-5)
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Diplomats inside and outside Burma say the new Burmese government may be preparing to start releasing political prisoners jailed by the country’s former military junta. No details have been provided. But Norwegian deputy Foreign Affairs Minister, Espen Barth Eide told VOA’s Burmese service that he has been told by Parliament Speaker Thura Shwe Mann that […]

Tags: , , , Posted in East Asia Pacific

Belgium Buys Subsidiary of Financially Troubled Dexia Bank

Posted October 10th, 2011 at 9:25 am (UTC-5)
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Belgium decided Monday to buy a subsidiary of the financially troubled Dexia bank, the first victim of new European worries about the spread of Greece’s debt crisis. The Belgian government said it is paying $5.4 billion to buy the national subsidiary of Dexia. The French, Luxembourg and Belgian governments said they would provide an additional […]

Tags: , Posted in Economy, Europe

Kyrgyzstan Detains 10 in Security Sweeps Ahead of Presidential Elections

Posted October 10th, 2011 at 9:20 am (UTC-5)
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Security forces in Kyrgyzstan have detained at least 10 people suspected of planning terrorist attacks in the run-up to presidential elections. Kyrgyz authorities said Monday the arrests were carried out in security sweeps across several towns in the volatile south of the Central Asian republic in recent days. During the operation, police reported killing a […]

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Syrian Troops Crack Down in Flashpoint City

Posted October 10th, 2011 at 9:15 am (UTC-5)
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Activists say Syrian troops cracked down against government opponents in the tense flashpoint city of Homs again on Monday after at least 31 people were killed in clashes across the country on Sunday. The London-based Syrian Observatory for Human Rights said 14 of those killed Sunday were civilians, including seven people shot dead by government […]

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South Africa: Two Blacks Plead Not Guilty in Death of White Supremacist

Posted October 10th, 2011 at 9:15 am (UTC-5)
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Two black South African farm workers have pleaded not guilty to charges of murdering a white supremacist leader. Eugene Terre’Blanche was found dead at his home in April of last year, beaten and hacked to death with a steel pipe and a machete. Accused of the murder are Chris Mahlangu, a gardener at Terre’Blanche’s farm, […]

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UN Says Detainees Tortured in Afghan Jails

Posted October 10th, 2011 at 9:05 am (UTC-5)
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The United Nations says detainees in Afghan jails have been tortured, but that this mistreatment is not a result of government policy. UNAMA surveyed 379 pre-trial detainees and prisoners at 47 facilities run by the Afghan National Police (ANP) and by the country’s intelligence agency — the National Directorate of Security (NDS) — in 22 […]

Tags: , , , , Posted in South Asia

Czech Soldier Wounded in Afghanistan Dies

Posted October 10th, 2011 at 9:05 am (UTC-5)
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Czech officials say a soldier wounded in Afghanistan in July has died in a Czech hospital. The soldier was shot while on a mission in Wardak province in central Afghanistan. He was flown home to a Czech hospital almost immediately but died from his injuries Sunday. More than 7,000 Czech soldiers have served in Afghanistan […]

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Nobel Economics Prize Goes To Two Americans

Posted October 10th, 2011 at 8:40 am (UTC-5)
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Americans Thomas Sargent and Christopher Sims have won the 2011 Nobel economics prize for research on the relationship between government policy decisions and the economy. The Royal Swedish Academy of Sciences awarded the prize Monday to the two American professors “for their empirical research on cause and effect in the macroeconomy.” The prize committee said […]

Tags: , , , , Posted in Economy