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Report: Africa is World’s Fastest Growing Mobile Phone Market

Posted November 9th, 2011 at 10:55 am (UTC-5)
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A global industry group says Africa is the fastest growing mobile phone market in the world. In a report released Wednesday, the Groupe Speciale Mobile Association said the continent is also the world’s second largest mobile market by connections, after Asia. The GSMA said Africa outpaced all other mobile phone markets in a three-month period […]

Tags: , , Posted in Africa

US Korean Envoy ‘Optimistic” on New Nuclear Talks

Posted November 9th, 2011 at 10:50 am (UTC-5)
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A former U.S. envoy in charge of North Korean policy says multi-national talks aimed at ending Pyongyang’s rogue nuclear weapons program could resume in the near future. Diplomat Stephen Bosworth, in his first public comments since stepping down as U.S. policy chief last month, told the U.S. Council on Foreign Relations that he is optimistic […]

Tags: , Posted in East Asia Pacific

Debt Crisis: European Stocks Plunge, Borrowing Costs Rise

Posted November 9th, 2011 at 10:50 am (UTC-5)
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Major European stock exchanges plunged Wednesday and Italy’s borrowing costs jumped, as the long shadow of the continent’s debt crisis consumed the Greek and Italian governments. Key stock markets in London, Paris and Frankfurt all slid more than two percent, in part due to the political uncertainty in Athens and Rome. Greek officials struggled for […]

Tags: , , , Posted in Europe

IEA: Grim Prediction For World Energy Costs, Climate Change

Posted November 9th, 2011 at 10:40 am (UTC-5)
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The International Energy Agency says the world could face “viciously” higher prices and greater risk of climate change unless there are major changes in the way nations, companies and consumers use energy. Wednesday’s IEA report predicts that energy demand will grow 40 percent by 2035, which could push the price of a barrel of oil […]

Tags: , Posted in Economy

Indian Court Convicts 31 Hindus for Muslim Killings

Posted November 9th, 2011 at 10:15 am (UTC-5)
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A court in India has convicted 31 Hindus and sentenced them to life in prison for killing dozens of Muslims nearly a decade ago, in one of the country’s worst outbreaks of sectarian violence. A judge handed down the guilty verdicts Wednesday, while acquitting 41 other people. A group of 33 Muslims who had sought […]

Tags: , , , , Posted in South Asia

Afghan Officials: Up to 70 Taliban Killed in Base Attack

Posted November 9th, 2011 at 9:55 am (UTC-5)
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Afghan officials says Afghan and NATO troops have killed at least 70 Taliban militants who launched an attack on a base near the Pakistani border. A spokesman for the governor of Paktika province, Mukhlis Afghan, said the combined force repelled the assault late Tuesday in the Barmal district. NATO said a large group of insurgents […]

Tags: , , , Posted in South Asia

Liberia Tallies Votes in Boycotted Presidential Run-off

Posted November 9th, 2011 at 9:45 am (UTC-5)
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Vote counting continues in Liberia, after a presidential run-off that was boycotted by the challenger, leaving President Ellen Johnson Sirleaf poised to win a second term. Observers reported very low turnout Tuesday, sparking concerns that opposition supporters will reject the outcome and that political violence will erupt. Opposition candidate Winston Tubman of the Congress for […]

Tags: , , , Posted in Africa

Money Running Out for Pakistan Flood Victims

Posted November 9th, 2011 at 9:25 am (UTC-5)
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International aid agencies are warning that they may have to halt flood relief efforts in Pakistan due to a major shortage of funds. The United Nations, Oxfam, Save the Children, Care and ACTED said Wednesday that over 9 million flood victims in Pakistan’s southern Sindh province are at risk of disease and widespread malnutrition over […]

Tags: , Posted in South Asia

No Significant Oil Find at Project Off Liberia

Posted November 9th, 2011 at 9:10 am (UTC-5)
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Energy firms have abandoned an oil-drilling project off the coast of Liberia, after failing to find major deposits at the site. Tullow Oil said Wednesday that drillers had found only “non-commercial” quantities of oil at the Montserrado-1 exploration well in the Liberian basin. It said the well is being plugged and abandoned and the drillship […]

Tags: , Posted in Africa, Economy

Protesters Confront Syrian Opposition Figures

Posted November 9th, 2011 at 9:00 am (UTC-5)
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Demonstrators confronted a Syrian opposition delegation outside Arab League headquarters in Cairo on Wednesday. Some protesters called the opposition figures “traitors” and pelted them with eggs. Reporters say the protesters were apparently concerned the opposition figures would agree to a dialogue with Syrian authorities. The confrontation forced the four-member delegation to postpone its meeting with […]

Tags: Posted in Middle East