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Swedish Carmaker Saab Declares Bankruptcy

Posted December 19th, 2011 at 9:45 am (UTC-5)
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Swedish automobile maker Saab has filed for bankruptcy after a final attempt to remain viable failed when former owner General Motors blocked a rescue deal by Chinese investors. Saab officials submitted the bankruptcy documents Monday. Saab’s current owner, Swedish Automobile, bought the company from GM in 2010. They said without further funding, the company will […]

Tags: , Posted in Economy, Europe

World Reacts To the Death of Kim Jong Il

Posted December 19th, 2011 at 8:35 am (UTC-5)
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The news of North Korean leader Kim Jong Il’s death has drawn worldwide reaction. In Washington, U.S. President Barack Obama and Secretary of State Hillary Clinton were notified of the North Korean leader’s death. In a statement issued early Monday, the White House said it was in “close touch” with allies in South Korea and […]

Tags: , , , , , Posted in East Asia Pacific

Blast Kills Policeman at Northern Kenya Camp

Posted December 19th, 2011 at 8:05 am (UTC-5)
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Police in northern Kenya say a suspected landmine blast has killed a police officer and wounded two others at the Dadaab refugee camp. Authorities said the explosion Monday happened as the officers were traveling in a vehicle. It is the latest in a series of small-scale attacks that have hit Kenya since the government sent […]

Tags: , Posted in Africa

French Airport Security Strike in Fourth Day

Posted December 19th, 2011 at 8:00 am (UTC-5)
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International air travellers in France may find their travel complicated as security workers at two major airports strike for a fourth day. Air France listed some delays and several cancelled flights Monday due to the strike. The airport in Lyon and the Charles de Gaulle airport in Paris both warned of possible delays again Monday. […]

Tags: , , Posted in Economy, Europe

Syria Signs Deal Allowing Observers

Posted December 19th, 2011 at 7:40 am (UTC-5)
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Syria has signed an Arab League plan to allow observers into the country to verify whether the government is honoring its pledge to stop security forces from attacking anti-government protesters. The signing Monday in the Egyptian capital, Cairo, follows nine months of violence that the United Nations estimates has killed at least 5,000 people. The […]

Tags: , , Posted in Middle East

NATO to Continue Afghan Night Raids

Posted December 19th, 2011 at 7:25 am (UTC-5)
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NATO says it will continue to conduct nighttime raids in Afghanistan despite renewed objections from the country’s president. NATO Spokesman Brigadier General Carsten Jacobson said Monday the night raids remain the safest way to take out insurgent leaders. He said the raids account for less than one percent of civilian casualties and no shots are […]

Tags: Posted in South Asia

Key Events in the Life of North Korea’s Kim Jong Il

Posted December 19th, 2011 at 7:10 am (UTC-5)
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1941: Kim Jong Il Believed to be born in Siberia in the Soviet Union. February 16, 1942: North Korea’s official birth date for Kim Jong Il, on the country’s Mount Paekdu. 1948: His father, Kim Il Sung, founds communist North Korea. 1964: Kim Jong Il Graduates from Pyongyang’s Kim Il Sung University and joins ruling […]

Tags: , , , Posted in East Asia Pacific

Deadly Egypt Clashes Stretch Into Fourth Day

Posted December 19th, 2011 at 7:10 am (UTC-5)
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Egyptian officials say at least one person has been killed in clashes between protesters and security forces, as unrest in the capital, Cairo, continues for a fourth day. Egypt’s Health Ministry announced the latest death Monday, bringing the four-day toll to 11 people. Authorities say more than 500 others have been hurt, while the military […]

Tags: Posted in Middle East

North Korea’s Kim Jong Il Dead at 69

Posted December 19th, 2011 at 7:00 am (UTC-5)
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North Korea’s long-time leader Kim Jong Il has died. The official Korean Central News Agency reported Monday the 69-year-old reclusive leader died Saturday of a heart attack while on a train for one of his “field guidance” tours. The agency attributed his death to “physical and mental over-work.” KCNA said his funeral will be held […]

Tags: , , , Posted in East Asia Pacific

India Targets Hunger with Subsidy Plan

Posted December 19th, 2011 at 6:55 am (UTC-5)
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India’s cabinet has approved a landmark measure that would provide subsidized food to hundreds of millions of people. The Food Security Bill, approved by the cabinet Sunday, still needs parliamentary approval. It is expected to be presented to parliament before the current session ends. The proposal would provide subsidized grain to 75 percent of India’s […]

Tags: , , Posted in South Asia