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Carter: Egyptian Military Reluctant to Give Up Power

Posted January 12th, 2012 at 8:40 pm (UTC-5)
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Former United States President Jimmy Carter says he does not belive the Egyptian military will give up all of its powers to an elected civilian government soon. Mr. Carter tells the Reuters news agency that an abrupt change in the totality of military authority this year is more than can be expected. He says he […]

Tags: , , , , Posted in Middle East

Negotiations Fail to End Strike in Fuel Subsidy Showdown

Posted January 12th, 2012 at 7:05 pm (UTC-5)
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Nigeria’s president and union leaders say a nationwide strike will continue, despite progress made during their first meeting since the action began. Officials say the negotiations about whether to restore a popular fuel subsidy will continue on Saturday. That is just hours before another important deadline looms: a major oil union says it will join […]

Tags: , , , , Posted in Africa

IAEA to Talk to Iran About Alleged Secret Nuclear Weapons Program

Posted January 12th, 2012 at 6:25 pm (UTC-5)
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Diplomats with the United Nations nuclear agency say they will hold talks in Tehranlater this month on allegations that Iran is secretly building a nuclear weapon. Iran has always denied the charge, insisting its nuclear program is strictly peaceful. It has refused to directly talk about the issue with Western negotiators. The European Union is […]

Tags: , , , , Posted in Middle East

Obama Seeks $1.2-Trillion US Debt Limit Increase

Posted January 12th, 2012 at 6:20 pm (UTC-5)
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U.S. President Barack Obama has formally notified Congress that he plans a $1.2-trillion increase in the nation’s debt limit. The debt ceiling is the legal amount of money the U.S. government can borrow. President Obama said in a letter to congressional leaders Thursday that further borrowing is required to meet existing commitments. The United States […]

Tags: , , Posted in Economy, US

US Imposes Sanctions on China Oil Company Over Iran Trade

Posted January 12th, 2012 at 6:10 pm (UTC-5)
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The U.S. State Department has imposed sanctions on three energy trading companies for selling refined oil and gasoline to Iran, including against a Chinese company it says is Iran’s largest supplier of refined petroleum. Officials identified the three companies sanctioned Thursday as China’s state-run Zhuhai Zhenrong Company, Singapore’s Kuo Oil, and the United Arab Emirates’ […]

Albania Condemns Call for Blockade of Serbia

Posted January 12th, 2012 at 5:30 pm (UTC-5)
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Albania’s foreign ministry has condemned calls by Kosovo hardliners for Albania to block its border with Serbia. In a statement Thursday, Albania’s foreign ministry said the proposed blockade is “extreme” and would hurt efforts to build a democratic and multi-ethnic state in Kosovo. Kosovar Prime Minister Hashim Thaci criticized the plan to blockade two border […]

Tags: , , , , Posted in Europe

Carter: Egyptian Military Reluctant to Give Up Power

Posted January 12th, 2012 at 5:30 pm (UTC-5)
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Former United States President Jimmy Carter says he does not belive the Egyptian military will give up all of its powers to an elected civilian government soon. Mr. Carter tells the Reuters news agency that an abrupt change in the totality of military authority this year is more than can be expected. He says he […]

Tags: , Posted in Middle East

Albania Condemns Call for Blockade of Serbia

Posted January 12th, 2012 at 4:20 pm (UTC-5)
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Albania’s foreign ministry has condemned calls by Kosovo hardliners for Albania to block its border with Serbia. In a statement Thursday, Albania’s foreign ministry said the proposed blockade is “extreme” and would hurt efforts to build a democratic and multi-ethnic state in Kosovo. Leaders of the Kosovo Self-Determination Party have been urging Albania to block […]

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US Wikileaks Soldier To Face Court Martial

Posted January 12th, 2012 at 3:20 pm (UTC-5)
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The presiding officer in the case of a U.S. Army intelligence analyst charged with passing classified documents to WikiLeaks is recommending that the soldier face a court martial. Lieutenant Colonel Paul Almanza made the recommendation Thursday, almost a month after the preliminary hearing for Private First Class Bradley Manning concluded. Experts for the prosecution testified […]

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European Central Bank Leaves Key Interest Rate Unchanged

Posted January 12th, 2012 at 3:15 pm (UTC-5)
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The European Central Bank left its key interest rate unchanged at a record-low one percent on Thursday, as signs emerged that the continent’s governmental debt crisis may have eased for the moment. The continent’s central bank had cut the benchmark borrowing rate by a quarter percentage point in each of the last two months in […]

Tags: , , , Posted in Economy