The U.S. government says incomes for American workers increased in December, allowing them to put more money in their savings accounts even as their consumer spending stalled. In the U.S., consumer spending accounts for 70 percent of the national economy. But the government said Monday that it was little changed in December, even during the […]
US Economy: Consumer Spending Stalls, but Savings Up
Senegal Opposition Plans Mass Protests Against Wade
A Senegalese opposition movement has called for nationwide protests against President Abdoulaye Wade’s controversial bid for a third term. A group of opposition and civic organizations, known as M23, says it will stage the peaceful rallies on Tuesday to pressure Mr. Wade to withdraw from the February 26 presidential polls. Late Sunday, Senegal’s constitutional court […]
Ethiopia Opens New Front against al-Shabab in Somalia
Witnesses in Somalia say columns of Ethiopian troops have crossed into the country and are marching toward key al-Shabab strongholds, apparently opening a new military front against the Islamist militant group. A government official, who wished to remain anonymous, confirmed the reports to VOA on Monday, saying the soldiers had reached the town of Luq […]
Eviction Deadline Passes for Washington Protesters
U.S. Park Police have let pass a deadline for anti-Wall Street protesters to stop camping at two public parks in Washington or risk arrest. The National Park Service had warned demonstrators they could be arrested and have their property seized if they fail to adhere to the rules after noon local time Monday. But as […]
Russia’s Putin Calls for ‘New Economy’
Russian Prime Minister Vladimir Putin has promised to build a new economy, saying the country has become overly dependent on oil and gas exports. His comments appeared in the Vedmosti financial daily Monday, as he seeks to win a historic third term in Russia’s upcoming presidential election. Mr. Putin said Russia cannot afford to have […]
Japan Population Seen Declining 30 Percent by 2060
Japan has issued a new census estimate warning that its population — currently 128 million — could shrink by one-third by the year 2060. Officials say life expectancy continues to increase, while birth rates continue to decline. Seniors 65 and over are projected to account for 40 percent of the country’s residents by 2060. The […]
EU Leaders Trying to Control Spending, Cope with Greek Debt
European leaders have started their first 2012 summit in Brussels, aiming to set new spending controls over individual governments, but also facing reminders of the continent’s economic difficulties. In a driving snowstorm, Belgian workers Monday staged the country’s first general strike since 2005 to protest the austerity measures imposed in their country. Some flights were […]
Syrian Troops Retake Control of Some Damascus Suburbs
Syrian opposition activists say government troops have re-taken control of several Damascus suburbs in heavy fighting with rebels leading a 10-month long uprising against President Bashar al-Assad’s 11-year autocratic rule. The activists said Monday pro-Assad forces drove the Free Syrian Army forces out of some eastern districts closest to central Damascus before moving into neighboring […]
Somali Militants Ban Red Cross From Territory
Somali militant group al-Shabab has banned the International Committee of the Red Cross (ICRC) from operating in the territory it controls. In a statement Monday, al-Shabab said the Red Cross had “betrayed the trust” of local officials and falsely accused the group’s fighters of “hindering food distribution.” There was no immediate response from the ICRC. […]
Senegal Opposition Plans Mass Protests Against Wade
A Senegalese opposition movement has called for nationwide protests against President Abdoulaye Wade’s controversial bid for a third term. A group of opposition and civic organizations, known as M23, says it will stage the peaceful rallies on Tuesday to pressure Mr. Wade to withdraw from the February 26 presidential polls. Late Sunday, Senegal’s constitutional court […]