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US to Mark End of Military Mission in Iraq

Posted December 15th, 2011 at 6:45 am (UTC-5)
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U.S. Defense Secretary Leon Panetta took part in a ceremony marking the end of the U.S. military mission in Iraq, after close to nine years of war and the deaths of nearly 4,500 American soldiers. Panetta said the ceremony Thursday in Baghdad marked a “historic occasion” for both the Iraqi and American people. He said […]

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Former French President Chirac Convicted of Corruption

Posted December 15th, 2011 at 6:40 am (UTC-5)
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Former French President Jacques Chirac has been convicted of corruption. A judge found Mr. Chirac guilty of embezzling public funds Thursday but suspended his two-year sentence in the landmark case. He was the first former French head of state to face prosecution in more than fifty years. The 79-year former president, who was not at […]

Tags: , , , Posted in Europe

Pakistani-Born US Businessman Becomes NFL’s First Ever Minority Owner

Posted December 15th, 2011 at 5:40 am (UTC-5)
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A self-made Pakistani-born businessman with a passion for American football has been confirmed as the National Football League’s first ever minority owner. Shahid Khan’s estimated $760 million purchase of the Jacksonville Jaguars was unanimously approved by NFL owners on Wednesday. A smiling Khan told reporters at a press conference that owning an NFL franchise represents […]

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China’s Ambassador to Burma Meets Aung San Suu Kyi

Posted December 15th, 2011 at 5:05 am (UTC-5)
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China says its ambassador to Burma has met with high-profile Burmese opposition leader Aung San Suu Kyi. A Chinese foreign ministry spokesman said on Thursday the meeting came in response to a request from Aung San Suu Kyi, the leader of Burma’s National League for Democracy. Its remains unclear when the meeting took place. A […]

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US to Mark End of Military Mission in Iraq

Posted December 15th, 2011 at 4:10 am (UTC-5)
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U.S. Defense Secretary Leon Panetta is set to take part in a ceremony marking the end of the U.S. military mission in Iraq, after close to nine years of war and the deaths of nearly 4,500 American soldiers. The ceremony Thursday in Baghdad comes weeks ahead of a December 31 deadline for the remaining U.S. […]

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Olympus Execs Consider Recovery Options

Posted December 15th, 2011 at 4:00 am (UTC-5)
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Leaders of disgraced electronics manufacturer Olympus discussed their options for shoring up the company’s huge investment losses on Thursday, as earnings were expected to slide further into the red. Olympus President Shuichi Takayama said at a press conference that the Japanese company was considering business partnerships to help put it back on track after being […]

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Rights Activists Say Army Defectors Kill 27 Soldiers

Posted December 15th, 2011 at 3:45 am (UTC-5)
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Rights activists say Syrian army defectors have killed at least 27 soldiers and security force members, while a new report accuses military officials of authorizing the halting of protests by “any means necessary.” The London-based Syrian Observatory for Human Rights said the deaths occurred during multiple clashes early Thursday in the southern province of Daraa. […]

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Russian Ship Fire Kills 2

Posted December 15th, 2011 at 3:05 am (UTC-5)
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Russian officials say a fire aboard a nuclear-powered icebreaker has killed two people in eastern Siberia near the Yenissei River. Authorities say there was no radiation leak and the fire aboard the ship has been been put out. At least one person was injured in Thursday’s blaze. An investigation is underway into the cause of […]

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Indian Rupee Falls to New Low Against Dollar

Posted December 15th, 2011 at 3:05 am (UTC-5)
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The Indian rupee continued to weaken on Thursday, falling to a new record low against the dollar for the fourth straight day. In early trading, the rupee stood at just over 54 against the dollar. The Indian currency has lost nearly 20 percent of its value since July. The decline has mainly been triggered by […]

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Islamists Look to Extend Lead in Egypt Voting

Posted December 15th, 2011 at 2:35 am (UTC-5)
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The second phase of Egypt’s parliamentary elections is continuing Thursday, with Islamist parties looking to extend their already overwhelming electoral gains. Egyptians turned out in large numbers Wednesday for the first of two days of voting to fill seats in the 498-member lower house of parliament. Polls are being held in nine areas, including Aswan, […]

Tags: , Posted in Middle East