Italy’s cabinet has held an emergency meeting on ways to accelerate budget reforms and avert a major financial crisis. Italy’s prime Minister Silvio Berlusconi is expected to face intense pressure from G20 leaders to produce a set of concrete reforms to stop financial markets from targeting Italian bonds. Italy’s borrowing rates are increasing as a […]
Italian Cabinet Fails to Reach Consensus On Financial reforms
Posted November 2nd, 2011 at 9:50 pm (UTC-5)
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Arab League: Syria Accepts Plan to Curb Crackdown
Posted November 2nd, 2011 at 8:50 pm (UTC-5)
The Arab League says the Syrian government has accepted a plan to curtail its nearly eight-month crackdown on dissent. The proposal demands that Syrian authorities immediately withdraw security forces from the streets, stop violence against demonstrators and release all detainees jailed since protests began – a figure estimated to be in the tens of thousands. […]
Doctors Hail New Cystic Fibrosis Drug
Posted November 2nd, 2011 at 8:25 pm (UTC-5)
Doctors are hailing a new treatment for the lung disease cystic fibrosis as a hugely significant advancement. A study in the New England Journal of Medicine says the drug called “ivacaftor” targets a faulty protein that causes the disease by correcting the balance of salt and water in the patient’s airways. Those who took the […]
China Plans Tighter Internet Controls
Posted November 2nd, 2011 at 8:15 pm (UTC-5)
China is strengthening its control over the Internet and social media, apparently as a result of the role new technologies have played this year in channeling public discontent around the world. Asked about Internet censorship in China, a Foreign Ministry spokeswoman told reporters recently that the government regulates Internet use in China to safeguard the […]
ICC Prosecutor to Investigate All Sides in Libya
Posted November 2nd, 2011 at 7:55 pm (UTC-5)
The International Criminal Court says it is investigating alleged war crimes committed during this year’s fighting in Libya by troops loyal to former leader Moammar Gadhafi as well as NATO and revolutionary forces. ICC Chief Prosecutor Luis Moreno-Ocampo Wednesday told the United Nations Security Council his office is examining whether Gadhafi and his spy chief, […]
EU Leaders: No Bailout For Greece Until It Fulfills Commitments
Posted November 2nd, 2011 at 7:45 pm (UTC-5)
APExpress 4 – 11/2/2011 4:31:00 PM – AP-APTN-2030: France G20 Arrivals 2 French President Nicolas Sarkozy and German Chancellor Angela Merkel say Greece will receive no more European bailout aid until it fulfills its commitments to the eurozone. The two leaders made the announcement Wednesday in Cannes after a meeting with Greek Prime Minister George […]
Thai Floods Continue to Strike Poor, Migrant Workers
Posted November 2nd, 2011 at 7:00 pm (UTC-5)
Residents of the Thai capital, Bangkok, said floodwaters continued to rise Wednesday in poorer neighborhoods to the north and west of the city center, which remains largely dry. The contrast between the dry city center and the flooded poorer suburbs is feeding rising anger against the government, which is using a network of makeshift barriers […]
Oakland Protesters Want to Shut Down City
Posted November 2nd, 2011 at 6:45 pm (UTC-5)
Thousands joined protesters from the Occupy Wall Street movement in a march through Oakland, California Wednesday, in an attempt to shut down the city. The protesters called on people to walk out of school and off their jobs. They later planned to march to the Oakland seaport, a major point of entry for imports to […]
Obama Regains Top Spot on Forbes Most Powerful List
Posted November 2nd, 2011 at 6:15 pm (UTC-5)
U.S. President Barack Obama is back on top of Forbes magazine’s annual list of the world’s 70 most powerful people. Chinese President Hu Jintao took over the top spot last year from Mr. Obama. The U.S. president regained it because, according to Forbes editor Michael Noer, Mr. Hu’s power is decreasing. Mr. Hu fell to […]
IMF Chief Urges EU Leaders to Proceed With Financial Recovery Plan
Posted November 2nd, 2011 at 6:05 pm (UTC-5)
APExpress 4 – 11/2/2011 4:31:00 PM – AP-APTN-2030: France G20 Arrivals 2 International Monetary Fund director Christine Lagarde has urged European Union leaders to stick to the agreed plan to deal with the eurozone crisis despite Greece’s decision to hold a referendum on the issue. Lagarde said she had seen a real determination among European […]
