A leading human rights group is urging debt-pressed European governments not to ease up on criticism of China’s human rights record in hope of a financial bail-out. Sophie Richardson, the China director of U.S.-based Human Rights Watch, said Thursday in Hong Kong that governments should realize they don’t have to silence themselves in order to […]
Rights Group Warns Indebted Europe Against Currying Chinese Favor
China: Sanctions Cannot Resolve Iran Nuclear Concerns
China says sanctions will not “fundamentally” resolve international concerns about Iran’s nuclear program. A foreign ministry spokesman made the comments Thursday, a day after several Western powers said Tehran could face additional penalties if it refuses to cooperate with U.N. nuclear inspectors. Britain, France and Germany raised the possibility of additional U.N. sanctions after the […]
Liberia Preliminary Presidential Run Off Election Results Expected Thursday
Officials say preliminary results of Liberia’s presidential runoff election are expected as early as Thursday. President Ellen Johnson Sirleaf is poised to win a second term, while the opposition candidate, William Tubman, boycotted Tuesday’s election over alleged fraud. As Liberia awaited the final tally, the head of Liberia’s national police, Marc Amblard, announced Thursday that […]
Asian Markets Close Lower on Fears of Europe Debt Crisis
Asian financial markets closed sharply lower on Thursday, responding to fears that Italy’s worsening financial crisis could trigger a European recession. Japan’s Nikkei average fell nearly 3 percent and Hong Kong’s Hang Seng dropped nearly 5 percent following news that Italy’s main borrowing rate had soared past 7 percent on Wednesday. That surpasses the rate […]
Japan to Announce Decision on Joining Pacific Trade Pact
Japanese media say Prime Minister Yoshihiko Noda has decided to join negotiations on a trans-Pacific free trade pact that could eventually develop into the world’s largest trading bloc. News reports Thursday said Mr. Noda would announce his decision at a news conference later in the day, and personally deliver the message during a meeting in […]
India, Pakistan Expect Closer Ties from Future Talks
The prime ministers of India and Pakistan say they expect the next round of formal talks between the countries to continue bringing the two sides closer together. Pakistani Prime Minister Yousuf Raza Gilani said Thursday that future talks will be more productive and create a new chapter in the history of India and Pakistan. His […]
US, European Economic Weakness Blamed for Disappointing Asian Figures
Sagging demand in the United States and Europe is being blamed for a wave of disappointing economic figures from across East Asia Thursday. China reported a sharp drop in exports, while Japan reported a sharper-than-expected drop in core machinery orders — a leading indicator of corporate spending. Australia, meanwhile, said foreign tourist arrivals are down […]
Asian Markets Close Lower on Fears of Europe Debt Crisis
Asian financial markets closed sharply lower on Thursday, responding to fears that Italy’s worsening financial crisis could trigger a European recession. Japan’s Nikkei average fell nearly 3 percent and Hong Kong’s Hang Seng dropped nearly 5 percent following news that Italy’s main borrowing rate had soared past 7 percent on Wednesday. That surpasses the rate […]
Prime Ministers of India, Pakistan Hold Talks
The prime ministers of India and Pakistan have met on the sidelines of a regional summit, continuing efforts to strengthen relations between the countries. Pakistani Prime Minister Yousuf Raza Gilani shook hands with his Indian counterpart Manmohan Singh Thursday in Maldives, before the two men held a short meeting. The talks come a day after […]
Paterno Fired Amid Child Abuse Scandal
Iconic U.S. college football coach Joe Paterno has been fired by Pennsylvania State University amid criticism over how he and other school officials handled accusations of child sex abuse by a longtime assistant coach. The board of trustees at Penn State made the decision late Wednesday to fire the 84-year-old Paterno, who has guided the […]