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IMF Officials Complete Three-Week Visit to Burma

Posted November 3rd, 2011 at 1:40 am (UTC-5)
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The International Monetary Fund says its experts have concluded talks with Burmese officials on their plans to reform the country’s currency exchange practices. The IMF says its team held three weeks of discussions with representatives from Burma’s public and private sectors in the capital Naypyitaw that ended on Monday. The team was in the country […]

Tags: , Posted in East Asia Pacific, Economy

Tibetan Exile Leader Urges US to Pressure China

Posted November 3rd, 2011 at 1:25 am (UTC-5)
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The head of the Tibetan government-in-exile is urging the United States to press China for access to areas where 10 Tibetan Buddhists have set themselves on fire. Lobsang Sangay, who was elected this year as prime minister of the India-based exile movement, said in Washington on Wednesday the United States should seek permission for an […]

Tags: , Posted in East Asia Pacific

Eurozone Crisis Talks to Dominate G20 Summit

Posted November 3rd, 2011 at 12:50 am (UTC-5)
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Heads of state from the world’s leading 20 economies are meeting in Cannes Thursday for a two-day summit expected to be dominated by the European debt crisis and Greece’s surprise move to put a bailout deal to a popular vote. In an emergency meeting of European leaders ahead of the G20 summit, French President Nicolas […]

Tags: , Posted in Economy

China Reports First Successful Space Docking

Posted November 3rd, 2011 at 12:35 am (UTC-5)
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China says it has successfully carried out its first-ever rendezvous of two orbiting spacecraft. Officials say the unmanned Shenzhou-8 spacecraft docked with the experimental Tiangong-1 module Thursday morning about 340 kilometers above the Earth’s surface. The sophisticated procedure is a critical step in China’s ambitions to establish a manned space station by 2020. Xinhua news […]

Tags: , Posted in East Asia Pacific

ICC Trying to Secure Surrender of Gadhafi Son, Spy Chief

Posted November 3rd, 2011 at 12:15 am (UTC-5)
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The chief prosecutor of the International Criminal Court says his office has been “galvanizing efforts” to bring a son of Moammar Gadhafi to justice as well as the former Libyan leader’s spy chief. Luis Moreno-Ocampo says efforts are underway to secure the surrender of Gadhafi’s son, Seif al-Islam, as part of a broader probe into […]

Tags: Posted in Middle East

Zimbabwe Prime Minister Urging President Mugabe to Step Down

Posted November 3rd, 2011 at 12:10 am (UTC-5)
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Zimbabwe’s Prime Minister Morgan Tsvangirai is urging President Robert Mugabe to step down because of his health and advanced age. There are reports that the 87 year old Mr. Mugabe is being treated for prostate cancer, but he has not publicly confirmed his ailment Prime Minister Tsvangirai told reporters Wednesday that President Mugabe’s should consider […]

Tags: , Posted in Africa

Radiation Hot Spot Detected in South Korean Pavement

Posted November 3rd, 2011 at 12:05 am (UTC-5)
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South Korea’s Institute of Nuclear Safety says it has discovered a patch of pavement in Seoul is emitting radiation at levels 10 times higher than normal. The government-funded research institute says the radioactive pavement was identified during a field investigation Wednesday in the residential Wolgye-dong neighborhood. The institute says the pavement is emitting radiation from […]

Italian Cabinet Fails to Reach Consensus On Financial reforms

Posted November 2nd, 2011 at 9:50 pm (UTC-5)
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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 […]

Tags: , Posted in Economy, Europe

Arab League: Syria Accepts Plan to Curb Crackdown

Posted November 2nd, 2011 at 8:50 pm (UTC-5)
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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. […]

Tags: , , Posted in Middle East

Doctors Hail New Cystic Fibrosis Drug

Posted November 2nd, 2011 at 8:25 pm (UTC-5)
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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 […]

Tags: , , Posted in US