The U.S. central bank says it will keep its benchmark interest rate near zero at least until late 2014, a new move to try to spark the sluggish growth of the world’s largest economy. The Federal Reserve had previously said it would keep its key lending rate low through mid-2013. But on Wednesday, officials lengthened […]
US Central Bank Sees Low Interest Rates Through 2014
UN Rejects Cambodian Move to Block Tribunal Judge
The United Nations says a Swiss jurist will soon begin work as an investigating magistrate at the special tribunal probing Khmer Rouge war crimes despite the Cambodian government’s refusal to approve his appointment to the court. U.N. spokesman David Scheffer, speaking Wednesday, said Cambodia has no legal authority to block Swiss Judge Laurent Kasper-Ansermet from […]
Obama Takes New Economic Plan on Tour
U.S. President Barack Obama is on the road pushing his new economic agenda, saying the key to change is Congress passing a reformed tax code. President Obama promoted the economic plan he unveiled during the State of the Union during a speech Wednesday at a conveyor belt factory in Iowa. He says his blueprint will […]
27 Killed in Pakistan Violence
Violence across Pakistan killed at least 27 people Wednesday. Pakistani security officials say at least four government troops and 17 militants were killed during clashes in Kurram tribal agency in the country’s northwest. The officials say troops were conducting a search operation in the Jogi village when they were attacked by a group of militants. […]
Watchdog: Sudan Poised for Assault Against Nuba
A satellite monitoring group says Sudan is on the verge of mounting a final assault against the Nuba people seeking refuge against bomb attacks in Southern Kordofan state. The U.S.-based Satellite Sentinel Project says images show Sudanese government forces have cut off the main evacuation routes in Kauda Valley, where at least 200,000 Nuba people […]
Olympic Clamp Down Coming for ‘Occupy’-Style Protests
Britain is sending a warning to anyone hoping to launch “Occupy”-style protests during the London Olympics. Interior Minister Theresa May on Wednesday called on London’s Olympic organizing committee to ban protest camps at Olympic venues, saying they pose a threat to security. She also said police should use all available means to remove any protesters […]
Obama Takes New Economic Plan on Tour
U.S. President Barack Obama is on the road, taking to the American people the economic plan he unveiled in his State of the Union address. President Obama Wednesday pushed his agenda of rebuilding the American economy on manufacturing and alternative energy during a speech at a conveyor belt factory in the Iowa. But the president […]
US Central Bank Sees Low Interest Rates Through 2014
The U.S. central bank says it will keep its benchmark interest rate near zero at least until late 2014, a new move to try to spark more growth in the world’s largest economy. The Federal Reserve had previously said it would keep its key lending rate low through mid-2013. But on Wednesday, officials lengthened the […]
Google Overhauls Privacy Policy to Track Users Across Services
If you are one of the millions of people who use Google’s online search engine, email or YouTube video site, you might want to pay close attention. Google is changing its privacy policy to allow it to track users across services. The company says beginning March 1, it is turning its more than 60 different […]
Scottish Leader Details Possible Independence Referendum
Scotland’s first minister is pushing for a clear referendum on independence from Britain, while advocating that 16- and 17-year-olds be allowed to take part. Scottish leader Alex Salmond shared his proposal for the potential vote with lawmakers in Edinburgh Wednesday, during an event commemorating Scottish poet Robert Burns. He said the question on the ballot […]