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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

China’s Long History of Tainted Food Products

Posted November 9th, 2011 at 8:30 am (UTC-5)
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Here is a timeline of notable food safety incidents in China: 2008: Six babies are killed and 300,000 others sickened after drinking milk formula is contaminated with an industrial chemical Dumplings are discovered tainted with an insecticide 2010: Food sciences professor exposes recycled cooking oil taken from sewers outside restaurants Green beans are found to […]

UN: Human Rights Violations in DRC Could Lead to Post-Election Violence

Posted November 9th, 2011 at 8:20 am (UTC-5)
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The United Nations says the continued repression of fundamental freedoms in the lead-up to the Democratic Republic of the Congo’s upcoming election is endangering the country’s democratic process and could lead to post-election violence. The U.N. Joint Human Rights Office released a report Wednesday documenting nearly 200 cases of human rights violations apparently linked to […]

Tags: , Posted in Africa

Italy’s Bond Yield Rises Above 7 Percent Mark

Posted November 9th, 2011 at 7:55 am (UTC-5)
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Italy’s 10-year bond yield topped 7 percent Wednesday, a day after Italian Prime Minister Silvio Berlusconi announced he will resign once parliament passes crucial economic reforms. Greece, Ireland and Portugal asked for bailout loans after their borrowing rates crossed the 7 percent threshold. Mr. Berlusconi made his resignation announcement Tuesday after he lost his parliamentary […]

Tags: , , , Posted in Economy, Europe