German Chancellor Angela Merkel is calling for a European “fiscal union” with stringent spending oversight to resolve the continent’s debt crisis and save the common euro currency. Ms. Merkel told the German parliament Friday that significant European Union treaty changes need to be made to enforce spending limits throughout the 27-nation bloc, and to punish […]
German Chancellor Sees European ‘Fiscal Union’
Posted December 2nd, 2011 at 2:30 pm (UTC-5)
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Burmese Rebel Group Reported to Agree to Ceasefire
Posted December 2nd, 2011 at 1:55 pm (UTC-5)
One of the main ethnic rebel groups in Burma has reportedly agreed to a preliminary ceasefire with the government. Burmese exile websites said Friday that the Shan State Army is negotiating with the government on an agreement to stop the violence, begin political negotiations, and cooperate on fighting illegal drugs. The United States and other […]
Obama Welcomes Drop in National Unemployment
Posted December 2nd, 2011 at 1:50 pm (UTC-5)
U.S. President Barack Obama has welcomed news that the national unemployment rate fell last month, but warned of a “significant blow” to the economy if Congress fails to extend payroll tax cuts and renew unemployment benefits. The Labor Department on Friday said the unemployment rate for November was 8.6 percent, the lowest level in more […]
Biden Urges Turkey to Toughen Sanctions on Iran
Posted December 2nd, 2011 at 12:30 pm (UTC-5)
U.S. Vice President Joe Biden is pressing Turkey to impose new sanctions on Iran, while praising the Turkish government for pressuring Syria to stop a brutal crackdown on protesters. Biden made the comments to the Turkish daily Hurriyet on Friday. The U.S. vice president is in Turkey’s capital, Ankara, for meetings with Turkish President Abdullah […]
Suicide Attack Near Afghan-NATO Base Kills Civilian
Posted December 2nd, 2011 at 12:20 pm (UTC-5)
Afghan officials say a suicide truck bomb blast outside a NATO base has killed at least one person and wounded more than 70 others. Authorities say the truck driver was stopped Friday morning before he could enter the base in the Muhammad Agha district of Logar province. The bomber then detonated a trailer full of […]
Clinton Completes Burma Trip With Pledge of U.S. Support
Posted December 2nd, 2011 at 12:00 pm (UTC-5)
U.S. Secretary of State Hillary Clinton has completed a three-day visit to Burma after discussions with democracy leader Aung San Suu Kyi and a vow that the U.S. is prepared to support further democratic reform. The two women held hands as they spoke to reporters Friday from the veranda of Aung San Suu Kyi’s home […]
A Look At The Camp Victory Complex in Iraq
Posted December 2nd, 2011 at 12:00 pm (UTC-5)
The U.S. has handed over control of Camp Victory to Iraq. Here is a look at the sprawling military complex near Baghdad that served as the hub of U.S. operations: -Camp Victory had served as the U.S. military headquarters in Iraq since 2003. -The U.S. military facilities at the site were constructed around a lavish […]
US Unemployment Rate Drops Sharply
Posted December 2nd, 2011 at 11:55 am (UTC-5)
The U.S. economy received a boost of good news Friday, after the U.S. Labor Department said the national unemployment rate dropped last month to the lowest level in more than two years. U.S. stocks rose in early trading Friday, after government statistics showed the jobless rate for November was 8.6 percent, a drop of four-tenths […]
US Hands Over Former Military Hub to Iraq
Posted December 2nd, 2011 at 11:30 am (UTC-5)
The base that once served as headquarters for the U.S. military in Iraq is now under Iraqi control. A United States military spokesman said U.S. officials handed over Camp Victory to Iraq Friday, after officials from both countries signed the necessary paperwork. There was no formal handover ceremony. About 13,000 U.S. troops remain in Iraq, […]
German Chancellor Sees European ‘Fiscal Union’
Posted December 2nd, 2011 at 11:15 am (UTC-5)
German Chancellor Angela Merkel is calling for a European “fiscal union” with stringent spending oversight to resolve the continent’s debt crisis and save the common euro currency. Ms. Merkel told the German parliament Friday that significant European Union treaty changes need to be made to enforce spending limits throughout the 27-nation bloc, and to punish […]
