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Britain Closes Iranian Embassy Following Mob Attack in Tehran

Posted November 30th, 2011 at 10:40 am (UTC-5)
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Britain says it is expelling Iranian diplomats from the country and has ordered the immediate closure of the Iranian embassy in London. Foreign Secretary William Hague announced the decision on Wednesday, a day after protesters mobbed British embassy compounds in Tehran. On Tuesday, British Prime Minister David Cameron had said Iran faced “serious consequences” for […]

Tags: , , , , Posted in Middle East

Key Central Banks Act to Support Global Financial System

Posted November 30th, 2011 at 10:40 am (UTC-5)
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The world’s major central banks took coordinated action Wednesday to support the global financial system, an effort aimed at boosting economic activity to avert a new recession. The U.S. Federal Reserve, the European Central Bank, the Bank of England and the central banks in Japan, Canada and Switzerland all said that starting next Monday they […]

Pakistan Dismisses Calls to Attend Afghan Conference

Posted November 30th, 2011 at 10:25 am (UTC-5)
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Pakistan is dismissing international calls to reconsider its boycott of next week’s international conference on Afghanistan. The government decided not to attend the December 5 summit in Bonn in protest of Saturday’s deadly NATO air assault that killed 24 Pakistani soldiers at military posts near the Afghan border. Pakistani Prime Minister Yousuf Raza Gilani briefed […]

Tags: , , Posted in South Asia

AU Asks Congolese Candidates to Accept Results

Posted November 30th, 2011 at 9:50 am (UTC-5)
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The African Union has urged candidates in this week’s Congolese elections to accept the results, one day after four presidential hopefuls called for the results to be annulled. Voting for the presidential and legislative elections began Monday and has stretched into Wednesday in some areas because of a shortage of ballots. In a joint statement […]

Tags: , Posted in Africa

China Raises Poverty Level, Maps Out Reduction Plan

Posted November 30th, 2011 at 9:35 am (UTC-5)
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China has raised its official poverty line, causing more people to qualify as poor despite its booming economy. But researchers in Beijing say the government aims to substantially reduce the number of poor people in the country’s rural areas over the next four years. Beijing announced a near doubling of its previous poverty line to […]

Syria Releases Hundreds of Prisoners, Unrest Continues

Posted November 30th, 2011 at 9:05 am (UTC-5)
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Syria has announced the release of more than 900 prisoners, while activists say fresh clashes have erupted in the flashpoint Daraa province. The government said Wednesday it had released 912 people involved in the “latest events” but who were not linked to what the government alleges are “murders” stemming from the opposition uprising and state […]

Tags: , , Posted in Middle East

Pakistan Dismisses Calls to Attend Afghan Conference

Posted November 30th, 2011 at 9:00 am (UTC-5)
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Pakistan is dismissing international calls to reconsider its boycott of next week’s international conference on Afghanistan. The government decided not to attend the December 5 summit in Bonn in protest of Saturday’s deadly NATO air assault that killed 24 Pakistani soldiers at military posts near the Afghan border. Pakistani Prime Minister Yousuf Raza Gilani briefed […]

Tags: , , Posted in South Asia

Europe Ranks Highest in Quality of Living Survey

Posted November 30th, 2011 at 8:55 am (UTC-5)
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A new study by the Mercer Group, a consulting firm that annually ranks the major cities around the globe, has named Vienna, Austria as having the best living standard in the world. The Mercer 2011 Quality of Living Survey is dominated by European cities, with four of the top five located on that continent. Zurich, […]

Tags: , , , Posted in Economy, Europe

Police Clear ‘Occupy’ Camps in L.A., Philadelphia

Posted November 30th, 2011 at 8:45 am (UTC-5)
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Police in Los Angeles arrested more than 200 protesters early Wednesday, in the latest crackdown on Occupy Wall Street camps across the country. Police began arresting the protesters just after midnight when they refused to leave an area surrounding the Los Angeles City Hall where they had camped for the past eight weeks. City officials […]

Tags: , Posted in US

$69,000 Dividend for Workers at South Africa Mining Firm

Posted November 30th, 2011 at 8:45 am (UTC-5)
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Employees at a South African mining firm will get payouts of up to $69,000 each — before taxes — as part of a plan meant to empower average workers. Kumba Iron Ore, a unit of mining giant Anglo American, says the payouts stem from the company’s Envision Scheme, which gives dividends to workers below the […]

Tags: , , , Posted in Africa, Economy