The United States is preparing to require drug makers and medical supply companies to disclose payments they make to doctors and teaching hospitals. The rule is part of a sweeping reform to the national health care system signed into law by President Barack Obama in 2010. It is intended to make the companies relationships with […]
US Prepares Rules for Disclosing Drug Company Payments to Doctors
Posted January 18th, 2012 at 1:00 am (UTC-5)
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China’s Foreign Direct Investment Falls for Second Straight Month
Posted January 18th, 2012 at 12:45 am (UTC-5)
Foreign direct investment in China fell for the second straight month in December, as the faltering global economy worried investors. Investment from overseas was down nearly 13 percent in December from the same month a year earlier. Commerce Ministry spokesperson Shen Danyang said economic weakness in the United States and Europe was responsible for the […]
World Bank Cuts Forecasts for Global Economic Growth
Posted January 18th, 2012 at 12:05 am (UTC-5)
Experts at the World Bank have issued a glum assessment of prospects for global economic growth, and say if the downturn becomes serious it could affect every nation and region. They say the world’s economy will grow more slowly that previously predicted this year due to Europe’s debt crisis, and efforts elsewhere to fight inflation. […]
US Says ‘Path Open’ for North Korea to Return to Nuke Talks
Posted January 17th, 2012 at 11:30 pm (UTC-5)
The United States says “a path is open” for North Korea to return to stalled six-party talks on its nuclear program. Senior diplomatic officials from the U.S., South Korea and Japan met Tuesday in Washington to coordinate the next steps in the nuclear talks following last month’s death of North Korean leader Kim Jong Il. […]
Coast Guard: Captain Refused Orders to Return to Italian Cruise Ship
Posted January 17th, 2012 at 11:20 pm (UTC-5)
An audio recording of an angry exchange between the Italian Coast Guard and the captain of a capsized cruise ship reveals that the captain refused orders to get back on his stricken boat. Coast Guard Captain Gregory De Falco demanded that Captain Francesco Schettino use a ladder to climb back onto the damaged Costa Concordia […]
Top Suspect in Nigerian Christmas Bombing Escapes Police
Posted January 17th, 2012 at 9:25 pm (UTC-5)
Nigerian authorities say their top suspect in a deadly Christmas Day bombing at a Catholic church in the capital, Abuja, has escaped police custody. A police statement Tuesday said the suspect, Kabiru Sokoto, was being escorted to another police station outside of Abuja when “suspected gang members” attacked and freed him. The police commissioner who […]
Five Foreign Tourists Killed in Ethiopia
Posted January 17th, 2012 at 9:00 pm (UTC-5)
Gunmen have attacked a group of foreign tourists in Ethiopia, killing at least five people and wounding two more. Ethiopian state television says at least one tourist survived the attack unharmed. It took place Monday in the northeastern Afar region, near the border with Eritrea. The broadcast cited the defense ministry as the source of […]
EU Threatens Legal Action Against Hungary Over New Laws
Posted January 17th, 2012 at 8:50 pm (UTC-5)
The European Union is threatening legal action against Hungary for what it says is Hungary’s failure to make several new laws comply with EU regulations. European Commission president Jose Manuel Barroso said Tuesday he does not want a shadow of a doubt that Hungary respects democratic principles and values. He said the quicker the issue […]
Iran Says UN Nuclear Team to Visit This Month for Talks
Posted January 17th, 2012 at 8:00 pm (UTC-5)
Iran says senior U.N. nuclear officials will travel to the country later this month to discuss their concerns about Tehran’s nuclear program. The Iranian envoy to the International Atomic Energy Agency, Ali Asghar Soltanieh, said Tuesday the U.N. delegation will visit from January 29 to 31 for talks on topics “of interest” to the agency. […]
Vietnam Reaffirms Committment to Nuclear Energy
Posted January 17th, 2012 at 7:30 pm (UTC-5)
Vietnam has reaffirmed its intent to develop nuclear energy for peaceful purposes. Vietnam’s Ministry of Science and Technology hosted an international conference on global nuclear power development and security Tuesday in the capital Hanoi. In view of Japan’s Fukushima accident in March 2011, officials stressed that their goal is responsible use of clean nuclear power […]
