Greek lawmakers say they have reached an accord on austerity measures demanded by international lenders so the country can secure another bailout and avoid defaulting next month on its financial obligations. After an all-night negotiating session that ended early Thursday, Greek political leaders remained deadlocked on the extent of pension cuts for retirees, while agreeing […]
Greece Reaches Accord on Austerity Demands from Its Lenders
Syrian Forces Renew Attacks as Diplomatic Efforts Continue
Syrian government forces continued their attacks on several rebellious areas across the country Thursday, including the embattled central city of Homs, as divided world powers struggled to end the escalating crackdown against an 11-month opposition uprising. The shelling in Homs erupted at dawn, leaving at least 57 dead and targeting Baba Amr, Khaldiyeh and other […]
South Africa’s Zuma Outines Plan to Create Jobs, Lift Economy
South Africa’s president has outlined what he calls a massive infrastructure drive to help create jobs and stimulate the economy. During his state of the nation address on Thursday, President Jacob Zuma said the plan must not only create “power stations, rail lines, dams and roads.” He said the initiative must also “industrialize the country, […]
Video of Near-Naked Chinese Boy Running in Snow Sparks Furor
Home video showing a four-year-old Chinese boy forced by his parents last month to run almost naked through the snow of New York City is sparking controversy and allegations of child cruelty. The short video, posted on YouTube and other video-sharing websites, shows the crying boy running toward his parents in his underwear and shoes, […]
Deep Freeze Depleting European Power Reserves
Much of Europe is spending another day in the grips of bitterly cold weather that has engulfed much of the continent. And now officials are warning it may soon be even more difficult to find relief. Power companies across Europe cut back on electricity exports, while warning domestic customers to conserve power where possible. Frigid […]
Asia Next for Catholic Sex-Abuse Disclosures?
Roman Catholic leaders meeting at the Vatican are being advised to expect further disclosure of incidents of child abuse by priests in Asia. The archbishop of Manila, Luis Antonio Tagle, is one of many senior Catholic clerics from around the world attending a meeting this week on the child-abuse issue. Their discussions centered on how […]
Deal Reached for US Homeowners in Massive Foreclosure Case
U.S. President Barack Obama said Thursday that a $25 billion deal with banks is a “major step” toward reviving the troubled housing market, and turns the page on an era of “recklessness.” Banks have agreed to cut the amount of money some homeowners owe, allow others to refinance their loans at lower interest rates, and […]
US Approves First New Nuclear Plants in Decades
The U.S. Nuclear Regulatory Commission has approved licenses for new nuclear reactors for the first time in more than three decades. The NRC voted Thursday on a request by U.S. energy producer Southern Company to build two new reactors at its Vogtle plant in the southern state of Georgia. The U.S. currently has 104 nuclear […]
Al-Qaida Leader: Somalia’s al-Shabab Has Joined Network
Al-Qaida’s leader says the Somalia-based militant group al-Shabab has joined the terrorist network. An Internet monitoring service said Thursday that al-Qaida chief Ayman al-Zawahiri delivered the news in a video message. According to the SITE Intelligence Group, al-Zawahiri gave “glad tidings” in his remarks, and announced al-Shabab has joined al-Qaida’s jihadist movement against what he […]
New US Nuclear Reactors Poised for Approval
The U.S. Nuclear Regulatory Commission is expected to approve licenses for new nuclear reactors Thursday for the first time in more than three decades. The NRC is voting on a request by U.S. energy producer Southern Company to build two new reactors at its Vogtle plant in the southern state of Georgia. The U.S. currently […]