China is playing down the possibility that it might immediately invest some of its vast cash reserves in the European bailout fund. A Chinese vice finance minister, Zhu Guangyao, met Friday in Beijing with the chief of the European fund, Klaus Regling. But afterwards, Zhu told reporters that China would wait to see the provisions […]
China Cautious on European Bailout Investment
Posted October 28th, 2011 at 9:40 am (UTC-5)
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Tunisia’s Islamist Party Begins to Form Coalition Government
Posted October 28th, 2011 at 9:05 am (UTC-5)
Tunisia’s newly elected Ennahda party has begun talks with rival parties on forming a coalition government, a day after winning the most seats in the country’s first free elections. Ennahda leader Rachid Ghannouchi said Friday his Islamist party would work to form a new government in “friendliness” and “brotherhood.” This comes as fresh protests erupted […]
British Royal Succession Rules Revamped at Commonwealth Summit
Posted October 28th, 2011 at 8:40 am (UTC-5)
Member nations of the British Commonwealth have agreed to repeal a centuries-old rule that favors sons over daughters to take the royal throne, even if the daughter is the oldest born. The agreement was reached Friday on the sidelines of the 54-nation Commonwealth Heads of Government Meeting in the western Australian city Perth. The meeting […]
At Least Four Killed in Syria Protests
Posted October 28th, 2011 at 8:25 am (UTC-5)
Activists say Syrian security forces and snipers killed at least four people on Friday, as protesters launched anti-government protests across the country. Activists say forces have fired shots at demonstrators in areas that include the flashpoint cities of Homs and Hama. Meanwhile, the French news agency says a funeral for an army deserter evolved into […]
Fresh Anti-Government Protests Launched in Syria
Posted October 28th, 2011 at 7:50 am (UTC-5)
Opponents of Syrian President Bashar al-Assad have launched new rallies across the country. Activists say at least one person was killed on Friday as the anti-government protests got underway. The French news agency says a funeral for an army deserter evolved into an opposition rally in the northwestern Idlib province. Opposition activists have urged protesters […]
European Stocks Lower in Midday Trading
Posted October 28th, 2011 at 7:40 am (UTC-5)
Some European stock prices are lower in midday trading Friday. London’s Financial Times index is down one-quarter of one percent. The CAC-40 in Paris is down nearly one-quarter of one percent, and trading on the DAX index in Frankfurt is up more than one-quarter of one percent. In New York, the S&P futures contract is […]
Floodwaters Seeping into Central Bangkok
Posted October 28th, 2011 at 7:25 am (UTC-5)
Floodwaters that have inundated the outskirts of Bangkok for several weeks are slowly spilling into the heart of the Thai capital, as a mass exodus of frightened residents continues. Ankle-high water has been seeping into the city’s iconic Grand Palace from surrounding streets that have been flooded due to the rising levels of the Chao […]
NATO Votes to End Libya Mission
Posted October 28th, 2011 at 7:10 am (UTC-5)
NATO is ending its seven-month-old mission in Libya. NATO ministers meeting on Brussels, Friday, approved a resolution that will terminate the air campaign next week. The decision comes a day after the U.N. Security Council voted to cancel its mandate that established the mission. In its Friday vote, NATO formalized a preliminary decision, reached a […]
Asia Markets Close Higher
Posted October 28th, 2011 at 7:00 am (UTC-5)
Major Asian stock markets closed higher Friday. Tokyo’s Nikkei index gained over one and one-quarter percent to finish at 9,050. Hong Kong’s Hang Seng index gained more than one and one-half percent to finish the day’s trading at 20,019. Share prices were also higher in Bangkok, Jakarta, Kuala Lumpur, Manila, Mumbai, Seoul, Shanghai, Singapore, Sydney, […]
Protests in Tunisia Over Election Outcome
Posted October 28th, 2011 at 6:55 am (UTC-5)
Fresh protests have erupted in the Tunisian city of Sidi Bouzid on Friday, a day after hundreds of demonstrators marched to the local headquarters of the Islamist Ennahdha party. News reports say security forces fired shots into the air and tear gas at demonstrators who made another attempt to storm the Ennahdha office. The protests […]
