Showing Archived Posts

Germany Approves Bigger Bailout Fund, Ahead of Summit

Posted October 26th, 2011 at 9:45 am (UTC-5)
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Germany, with Europe’s biggest economy, approved a sharp increase Wednesday in the continent’s bailout fund to assist debt-ridden countries. The German parliament voted overwhelmingly to more than double the size of the fund to about $1.4 trillion. That gave Chancellor Angela Merkel new clout ahead of a late-day summit of European leaders as they seek […]

Tags: , , , Posted in Economy, Europe

More Survivors Found 3 Days After Turkey’s 7.2 Magnitude Earthquake

Posted October 26th, 2011 at 9:40 am (UTC-5)
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Rescue workers in southeastern Turkey have saved at least two more people and continue to search for survivors of Sunday’s devastating earthquake that killed at least 461 people and injured more than 1,300. On Wednesday, workers rescued a 27-year-old teacher and a university student from collapsed buildings. However, authorities say hopes of finding more people […]

Tags: , , , Posted in Europe

Panetta, in Seoul, Affirms Commitment to South Korea’s Defense

Posted October 26th, 2011 at 9:35 am (UTC-5)
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U.S. Defense Secretary Leon Panetta has reaffirmed the American commitment to protect South Korea against provocations from the North. Panetta’s comments came Wednesday, in an address to U.S. troops shortly after arriving in Seoul on the final leg of an Asian tour. His address echoed comments in an essay published Wednesday in a major South […]

Tags: , , , , Posted in East Asia Pacific

Mugabe Scraps Trip After Swiss Deny Visas to Entourage

Posted October 26th, 2011 at 9:20 am (UTC-5)
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Zimbabwe’s President Robert Mugabe has canceled plans to attend a United Nations meeting in Switzerland this week after his wife and five aides were denied visas. State media on Wednesday quoted an unnamed foreign affairs official who called Switzerland’s decision on the visas “highly regrettable.” The official accused Switzerland of violating the U.N. host agreement […]

Tags: , Posted in Africa

Karzai to Announce Next Round of Afghan Security Transition

Posted October 26th, 2011 at 8:30 am (UTC-5)
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Afghan security forces will soon take control of security in 17 areas of Afghanistan, ahead of the complete withdrawal of foreign combat troops from the country by 2014. A senior Afghan official said Wednesday that Afghan President Hamid Karzai will announce the second phase of the security transition at a conference in Turkey on November […]

Tags: , , Posted in South Asia

Two Car Bombs in Iraq Kill 5

Posted October 26th, 2011 at 8:00 am (UTC-5)
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Iraqi officials say two car bombs in northern Iraq have killed at least five people and wounded 22 others. The first attack in the northern city of Mosul Wednesday targeted an army patrol, killing three soldiers and wounding at least three civilians. A second car bomb went off in the same neighborhood minutes after the […]

Tags: , Posted in Middle East

Britain’s William and Kate To Visit UNICEF Facility in Denmark

Posted October 26th, 2011 at 7:45 am (UTC-5)
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Officials at St. James Palace have announced that Britain’s Prince William and his wife Kate, the Duchess of Cambridge, will travel to Denmark to view a UNICEF supply center next month. The palace said Wednesday the royal couple will visit the facility, which distributes emergency food and medical supplies to East Africa, November 2. They […]

Tags: , , Posted in Europe

Burma: Hundreds Dead or Missing in Flash Floods

Posted October 26th, 2011 at 7:40 am (UTC-5)
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Authorities in Burma say hundreds of people are dead or missing following flash flooding in a tropical storm near the border with Bangladesh. The Myanmar Times newspaper quotes officials in the Magwe Division town of Pakoku as saying the storm, which struck Sunday, claimed more than 200 lives. Residents were still searching for bodies Wednesday, […]

Tags: , , Posted in East Asia Pacific

11 Killed in Syrian Violence Ahead of Arab League Meeting

Posted October 26th, 2011 at 7:35 am (UTC-5)
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At least 11 people died in Syrian violence on Wednesday, ahead of a meeting of an Arab League delegation. The Syrian Observatory for Human Rights says nine soldiers were killed in the central Hama region after a rocket hit their vehicle. The group says army deserters who now back the opposition may have fired the […]

Tags: , , Posted in Middle East

Asian Markets Close Higher

Posted October 26th, 2011 at 7:30 am (UTC-5)
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Asian stock markets closed mostly higher Wednesday. In Asia, Tokyo’s Nikkei index lost two-tenths of a percent to close at 8,748. Hong Kong’s Hang Seng index was up half of a percent to end at 19,066. Elsewhere, markets were higher in Seoul, Singapore, Mumbai, Kuala Lumpur, Jakarta, Shanghai, Taipei and Wellington, but lower in Manila […]

Tags: , , Posted in Economy