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Chinese Tax Spat Sparks Riot, Mass Protest

Posted October 27th, 2011 at 2:05 pm (UTC-5)
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Anger over tax collections has led to clashes between enraged business people and riot police in eastern China. The police marched into the town of Zhili, in Zhejiang province, late Thursday to disperse protesters who had marched on government buildings, thrown rocks and torched and overturned vehicles. State-run media said the riot broke out after […]

Tags: , , , Posted in East Asia Pacific

Georgia Agrees to Swiss Proposal in WTO Talks With Russia

Posted October 27th, 2011 at 1:45 pm (UTC-5)
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Georgia has accepted a Swiss proposal aimed at resolving a trade dispute with Russia that could clear the way for Moscow to join the World Trade Organization. The Georgian government said Thursday that the proposal provides guarantees of international supervision of all trade and cargo between Russia and the breakaway provinces of Abkhazia and South […]

Tags: , , Posted in Economy, Europe

Kenya Reports First Direct Clash With al-Shabab in Somalia

Posted October 27th, 2011 at 1:30 pm (UTC-5)
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Kenya says its troops in Somalia have exchanged fire with al-Shabab militants in the first direct clash between the sides. A Kenyan military statement says Kenyan troops were attacked by about 45 al-Shabab fighters Thursday as the troops moved toward the southern Somali town of Qoqani to reinforce forward positions. The statement says Kenyan forces […]

Tags: , , , , Posted in Africa

Man Rescued From Rubble as Death Toll Passes 530 in Turkey Earthquake

Posted October 27th, 2011 at 1:25 pm (UTC-5)
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Rescue workers have pulled a man out of the rubble in the Turkish town of Ercis, four days after a 7.2-magnitude earthquake decimated much of southeastern Turkey. But hopes of finding other survivors were fading as cold weather and snow hampered rescue efforts Thursday in Ercis, the town hardest hit by the quake, and other […]

Tags: , , , Posted in Europe

Hundreds of Chinese Riot Over Taxes

Posted October 27th, 2011 at 1:25 pm (UTC-5)
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Hundreds of small business owners in eastern China protested Thursday, throwing rocks and torching vehicles after a dispute over tax collections. State-run media said the riots broke out after the owner of a children’s clothing company in the two of Zhili, in Zhejiang province, refused to pay his taxes, and then got a group together […]

Tags: , , , Posted in East Asia Pacific, Economy

World Stocks Advance Sharply

Posted October 27th, 2011 at 1:15 pm (UTC-5)
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News that European leaders completed a debt-relief deal for Greece and expand the continent’s bailout fund encouraged investors, and stocks soared around the world Thursday. U.S. stocks made strong gains in midday New York trading. The Dow Jones Industrial Average rose 2.6 percent, with the S&P 500 up 2.9 percent and the NASDAQ 2.8 percent. […]

Tags: , , , Posted in Economy

Taliban Attack US-run Base in Southern Afghanistan

Posted October 27th, 2011 at 12:55 pm (UTC-5)
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Afghan officials say Taliban insurgents have attacked a U.S.-run base in southern Afghanistan. At least three armed militants fired shots at the base from a nearby building in Kandahar city on Thursday. The interior ministry said two of the attackers were later killed by security forces. The U.S. Embassy in Kabul said the assault continued […]

Tags: , , , Posted in South Asia

World Markets Soar in Reaction to Eurozone Debt Plan

Posted October 27th, 2011 at 12:45 pm (UTC-5)
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World financial markets soared Thursday after the European Union approved a plan to cut Greece’s debt in half and significantly increase a bailout fund designed to contain the eurozone debt crisis. The Paris stock exchange jumped more than 6 percent, with the Frankfurt market advancing more than 5 percent. The London exchange closed up nearly […]

Tags: , , , Posted in Economy, Europe

Egyptians Cross Into Sinai in Prisoner Swap With Israel

Posted October 27th, 2011 at 12:25 pm (UTC-5)
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Israel is transferring 25 Egyptian prisoners to the Sinai in a swap for an Israeli-American man held in Egypt on spy charges. Witnesses say the Egyptians were being transported across the Taba border crossing Thursday. Initial reports said Egyptian authorities were taking the Israeli-American, Ilan Grapel, to the Taba crossing for his handover to Israel. […]

Tags: , , , , Posted in Middle East

Suspected US Drone Strike Targets Key Pakistani Taliban Commander

Posted October 27th, 2011 at 12:20 pm (UTC-5)
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Pakistani intelligence officials say a suspected U.S. drone strike has killed five militants linked to a top Taliban commander in Pakistan’s northwest tribal region. The officials said the unmanned aircraft fired missiles Thursday at a vehicle in the town of Azam Warsak in South Waziristan, killing the younger brother of Taliban commander Maulvi Nazir. Four […]

Tags: , , , Posted in South Asia