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Chinese Revolt Leader Becomes Village Head

Posted January 16th, 2012 at 4:35 pm (UTC-5)
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A man who led mass protests against land confiscations in a southern China village has been appointed as its head, in a rare move by China’s government. China’s state run news agency, Xinhua, says Lin Zuluan has become the new party head of Wukan village in southern Guangdong province. It said Lin would help to […]

Tags: , Posted in East Asia Pacific

Pakistan PM Agrees to Appear in Court to Face Contempt Notice

Posted January 16th, 2012 at 3:45 pm (UTC-5)
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Pakistani Prime Minister Yousuf Raza Gilani said Monday he will appear before the Supreme Court later this week to face a contempt notice for failing to reopen a graft case against President Asif Ali Zardari. The Supreme Court ordered Gilani to appear before the court on January 19. If convicted of contempt of court, Mr. […]

Tags: , , , Posted in South Asia

OPEC: Europe’s Debt Crisis Could Cut 2012 Oil Consumption

Posted January 16th, 2012 at 3:25 pm (UTC-5)
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The Organization of Petroleum Exporting Countries says the ongoing European governmental debt crisis could cut global oil consumption this year. OPEC on Monday left its forecast for 2012 oil demand unchanged at nearly 89 million barrels a day. But the 12-nation cartel, which produces about 40 percent of the world’s oil, said that if Europe’s […]

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UN’s Ban Urges Security Council to Act ‘Seriously’ on Syria Crisis

Posted January 16th, 2012 at 3:20 pm (UTC-5)
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United Nations Secretary-General Ban Ki-moon is urging the Security Council to take “serious” action against Syria, where he says casualties from a 10-month opposition uprising have reached “unacceptable” levels. Speaking Monday on a visit to Abu Dhabi, Mr. Ban appealed to the Council to act in a “coherent” manner in resolving the Syrian crisis. Western […]

Tags: , , Posted in Middle East

Workers Restart Italian Cruise Ship Rescue Operations

Posted January 16th, 2012 at 2:40 pm (UTC-5)
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Italian rescuers have resumed a search for survivors inside the wreck of a luxury liner that hit rocks and capsized off the coast of northern Italy. The search restarted Monday afternoon, hours after the massive cruise ship Costa Concordia slipped on its rocky resting place in bad weather, sending divers fleeing to safety. Six people […]

Tags: , , , , Posted in Europe

European Financial Markets Shrug at Credit Downgrades

Posted January 16th, 2012 at 2:00 pm (UTC-5)
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European financial markets appeared largely indifferent Monday to last week’s credit downgrades for France and eight other European countries, in part because investors had assumed for a while their ratings would be cut. Europe’s main stock exchanges in London, Paris and Frankfurt traded in a narrow range Monday, fluctuating with small gains and losses before […]

Tags: , , , Posted in Economy, Europe

European Financial Markets Shrug at Credit Downgrades

Posted January 16th, 2012 at 1:35 pm (UTC-5)
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European financial markets appeared largely indifferent Monday to last week’s credit downgrades for France and eight other European countries, in part because investors had assumed for a while their ratings would be cut. Europe’s main stock exchanges in London, Paris and Frankfurt traded in a narrow range Monday, fluctuating with small gains and losses before […]

Tags: , , , Posted in Economy

Nigerian Unions End Strike Over Fuel Prices

Posted January 16th, 2012 at 1:25 pm (UTC-5)
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Nigerian labor unions ended a nationwide strike Monday, after the president announced a partial rollback of an increase in fuel prices. In a statement, the Nigeria Labor Congress and Trade Union Congress said they were suspending the strike and daily protests against the increase. The unions said they made the decision “in order to save […]

Tags: , , , , Posted in Africa, Economy

UN’s Ban Urges Security Council to Act ‘Seriously’ on Syria Crisis

Posted January 16th, 2012 at 1:10 pm (UTC-5)
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U.N. Secretary-General Ban Ki-moon is urging the world body’s Security Council to take “serious” action on Syria, where he says casualties from a 10-month-old opposition uprising have reached “unacceptable” levels. Speaking Monday on a visit to Abu Dhabi, Mr. Ban also appealed to the Council to act in a “coherent” manner in resolving the Syrian […]

Tags: , , Posted in Middle East

Key US Senator Hails Burmese Reforms

Posted January 16th, 2012 at 12:15 pm (UTC-5)
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A key U.S. senator and backer of Burma’s democracy movement says he is impressed with reforms initiated by the country’s new, nominally civilian government, but says more needs to be done. Mitch McConnell, the Senate Republican minority leader, spoke Monday, after meeting for more than an hour in Rangoon with pro-democracy leader Aung San Suu […]

Tags: , Posted in East Asia Pacific