The credit agency Standard & Poor’s is now threatening to downgrade the top rating of the bailout fund for Europe’s debt-ridden countries. S&P issued the warning Tuesday, a day after it placed 15 of the 17 nations that use the euro, including economic powerhouses Germany and France, on a negative credit watch. The credit agency […]
S&P Threatens Downgrade for Europe Bailout Fund
Posted December 6th, 2011 at 11:10 am (UTC-5)
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Radiation Contamination in Japanese Baby Formula Sparks Recall
Posted December 6th, 2011 at 10:10 am (UTC-5)
A leading Japanese food manufacturer says radioactive cesium has been detected in its baby formula — the latest food scare to grip the country since the nuclear disaster at a power plant northeast of Tokyo nine months ago. The Meiji Company said Tuesday it has launched an immediate recall of 400,000 cans of powdered milk […]
Rivalries Among Egypt’s Islamists Intensify in Runoff Vote
Posted December 6th, 2011 at 9:30 am (UTC-5)
Egypt is holding a second day of runoff elections for the national parliament, with rival Islamist parties engaging in increasingly heated competition for votes in the country’s two largest cities and seven other provinces. Voting for the 52 individual seats in Cairo, Alexandria and the other provinces began Monday and was due to end Tuesday. […]
Suicide Bombing Kills 52 at Shi’ite Shrine in Afghan Capital
Posted December 6th, 2011 at 9:30 am (UTC-5)
Afghan officials say at least 52 people, including women and children, have been killed in a suicide bomb attack on a Shi’ite shrine in central Kabul. Officials say at least one attacker detonated explosives near the Abul Fazel shrine as pilgrims gathered Tuesday to mark the Shi’ite festival of Ashura. More than 100 people also […]
Russia Detains Putin Critics; Clinton Denounces Electoral Fraud
Posted December 6th, 2011 at 9:05 am (UTC-5)
Russian authorities continue to hold at least 250 opposition protesters one day after an unprecedented rally against alleged electoral fraud, as the top U.S. diplomat again criticized Moscow for parliamentary polls she said were neither free nor fair. Protest organizers say most of the demonstrators arrested in the capital, Moscow, remain in custody. They include […]
Chinese Court Slaps 13-Year Jail Term on Australian CEO
Posted December 6th, 2011 at 8:50 am (UTC-5)
Australia says a Chinese court has sentenced an Australian national doing business in China to 13 years in prison for embezzlement and bribery. Australian media identify defendant Matthew Ng as the chief executive officer of a travel services company (Et-China), which is involved in a dispute with a local Chinese partner. The Sydney Morning Herald […]
Tense DRC Awaits Election Results
Posted December 6th, 2011 at 8:45 am (UTC-5)
Fears of political unrest are mounting in the Democratic Republic of Congo as officials prepare to release full results from last week’s presidential election. Thousands of soldiers are patrolling streets in the capital, Kinshasa, as well as other cities across the country. The results are due to be released by late Tuesday, although the Independent […]
Eritrea Rejects New U.N. Sanctions
Posted December 6th, 2011 at 8:40 am (UTC-5)
Eritrea has rejected a new U.N. Security Council resolution that tightens sanctions against the country for supporting insurgents in Somalia. A statement from Eritrea’s Ministry of Foreign Affairs Tuesday said the resolution will heighten tensions and “stoke an already explosive situation in the Horn of Africa.” On Monday, the Security Council voted 13-0 in favor […]
Runoff Elections Intensify Rivalry Between Egypt’s Islamist Parties
Posted December 6th, 2011 at 8:10 am (UTC-5)
Egypt is holding a second day of runoff elections for the national parliament, with rival Islamist parties engaging in increasingly heated competition for votes in the country’s two largest cities and seven other provinces. Voting for the 52 individual seats in Cairo, Alexandria and the other provinces began Monday and was due to end Tuesday. […]
Suicide Bombing Kills 52 at Shi’ite Shrine in Kabul
Posted December 6th, 2011 at 8:00 am (UTC-5)
Afghan officials say at least 52 people, including women and children, have been killed in a suicide bomb attack on a Shi’ite shrine in central Kabul. Officials say the suicide bomber detonated his explosives near the Abul Fazel shrine as pilgrims gathered Tuesday to celebrate the Shi’ite festival of Ashura. More than 100 people were […]
