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Europe Wavers on Terms of Its Second Greek Bailout

Posted October 4th, 2011 at 9:45 am (UTC-5)
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European leaders are wavering on the terms of their planned second international bailout of debt-ridden Greece because of the country’s worsening financial condition. One key European financial leader, Luxembourg Prime Minister Jean-Claude Juncker, suggested Tuesday that private creditors will have to take bigger losses on the Greek loans they hold, part of the $211 billion […]

Tags: , , , Posted in Economy, Europe

Libya’s NTC Pushing For Complete Control of Sirte

Posted October 4th, 2011 at 9:40 am (UTC-5)
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Libyan interim government fighters have launched what they say is the “final assault” on Sirte, one of the few remaining strongholds of former leader Moammar Gadhafi. Residents are pouring out of the the coastal town as National Transitional Government fighters push into neighborhoods. On Monday, NTC forces seized new territory in and around Sirte. The […]

Tags: , , Posted in Middle East

US Fed Chairman to Offer Economic Outlook

Posted October 4th, 2011 at 9:25 am (UTC-5)
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The chairman of the U.S. central bank testifies before Congress Tuesday to offer his latest insights into the country’s struggling economy. Federal Reserve Chairman Ben Bernanke is scheduled to appear before lawmakers from both the House of Representatives and the Senate. Bernanke has repeatedly assured lawmakers and investors that the central bank has tools to […]

Tags: , Posted in Economy, US

Second Tropical Storm Hits Southern China

Posted October 4th, 2011 at 9:25 am (UTC-5)
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Heavy wind and torrential rains have lashed the southern coast of China for a second time in the past week, as tropical storm Nalgae made landfall after wreaking havoc on the Philippines. Nalgae struck the southern Chinese province of Hainan at midday Tuesday with 90 kilometer an hour winds, shortly after weakening from a typhoon. […]

Tags: , Posted in East Asia Pacific

Germany Returns Namibian Skulls Used for Experiments

Posted October 4th, 2011 at 9:10 am (UTC-5)
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Germany has returned to Namibia 20 skulls that were taken for so-called scientific tests when Germany ruled the southern African country more than a century ago. Thousands of Namibia’s ethnic Hereros and Namas welcomed home the skulls at an airport Tuesday in the capital, Windhoek. Many people in the crowd wore ethnic clothing, and cheered […]

Tags: , , Posted in Africa

Artillery Shells Hit Market in Yemeni Capital, 2 Civilians Killed

Posted October 4th, 2011 at 9:05 am (UTC-5)
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Yemeni medical officials say artillery shells have slammed into a market in the capital, Sana’a, killing two civilians and wounding at least one other person. It was not clear who fired the shells at the market on Sana’a’s Hayel street on Tuesday. The area has been the scene of fighting in recent weeks between government […]

Tags: , , Posted in Middle East

Power Shortage Protests Erupt in Pakistan

Posted October 4th, 2011 at 9:05 am (UTC-5)
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Protesters have taken to the streets in cities throughout Pakistan to rally against severe electricity shortages. In Punjab province, police clashed with demonstrators who threw stones and tried to block roads in Lahore and Gujranwala on Tuesday. Residents of many of Pakistan’s urban areas complain of receiving no electricity for up to 20 hours a […]

Tags: , , Posted in South Asia

UN To Consider Resolution Condemning Syrian Violence

Posted October 4th, 2011 at 8:45 am (UTC-5)
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The U.N. Security Council may vote later Tuesday on a draft resolution condemning Syria’s brutal crackdown on anti-government activists. The European-drafted proposal threatens “targeted measures” against Syrian President Bashar al-Assad’s government if it does not stop its deadly assault on pro-democracy demonstrators who have been calling for his departure. The U.N. says at least 2,700 […]

Tags: , , Posted in Middle East

Insurgents Kill 60 in Somali Capital Blast

Posted October 4th, 2011 at 8:40 am (UTC-5)
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Somali militant group al-Shabab has set off a truck bomb in the country’s capital, Mogadishu, killing at least 60 people. Witnesses say two suicide bombers drove the truck into a compound housing several government ministries, where it exploded Tuesday afternoon. Al-Shabab claimed responsibility for the bombing on its website. A local journalist told VOA that […]

Tags: , , Posted in Africa

Regional Tensions Frame Karzai’s India Visit

Posted October 4th, 2011 at 8:35 am (UTC-5)
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Afghan President Hamid Karzai is in India for a two-day visit that is expected to strengthen the two countries’ economic and security ties. Mr. Karzai and Indian Prime Minister Manmohan Singh are scheduled to meet in New Delhi later Tuesday. In addition to economic deals, the two leaders are expected to sign an agreement that […]

Tags: , , , , Posted in South Asia