Showing Archived Posts

Pakistan Supreme Court Takes Hard Line Against PM

Posted February 9th, 2012 at 10:50 am (UTC-5)
Leave a comment

Pakistan’s Supreme Court says it will drop contempt charges against Prime Minister Yousuf Raza Gilani if he complies with an order to reopen old corruption cases against the president. The court heard Mr. Gilani’s appeal on Thursday, but stuck to its original position that the prime minister must write to Swiss authorities and ask for […]

Tags: , Posted in South Asia

Deal Reached for US Homeowners in Massive Foreclosure Case

Posted February 9th, 2012 at 10:40 am (UTC-5)
Leave a comment

A complex and controversial legal battle over the way banks foreclosed on thousands of U.S. homeowners moved a step closer to resolution Thursday, as state and federal officials announced an agreement that may be worth $25 billion or more with five major banks. . The deal reduces the amount of money some homeowners owe to […]

Tags: , Posted in Economy

Ex-Soviet Leader Warns Putin Cannot Save Russia

Posted February 9th, 2012 at 10:35 am (UTC-5)
Leave a comment

Former Soviet leader Mikhail Gorbachev is warning political unrest in Russia will only get worse if Prime Minister Vladimir Putin is elected president. Gorbachev told students at a Moscow University Mr. Putin has “exhausted” his potential as leader. He also said it would be difficult for Mr. Putin to change the country’s direction, especially because […]

Tags: , , Posted in Europe

Chinese County Protests Nuclear Plant Construction

Posted February 9th, 2012 at 10:30 am (UTC-5)
Leave a comment

Chinese state media say authorities in eastern China are demanding construction of a local nuclear-power plant be stopped permanently because residents in the earthquake-prone region are at risk. The state-run Global Times newspaper says a campaign against the plant was launched in the Anhui provincial county of Wangjiang. The paper says the controversy had drawn […]

Tags: , Posted in East Asia Pacific

ICRC: Fighting in Northern Mali Displaces 30,000

Posted February 9th, 2012 at 10:25 am (UTC-5)
Leave a comment

The International Committee of the Red Cross says at least 30,000 people have been displaced in northern Mali, where Tuareg fighters have launched a renewed rebellion against the government. A Red Cross official said Thursday people are fleeing northern Mali in “large numbers,” and some are living in “dire conditions” with no shelter, food or […]

Tags: , , , Posted in Africa

Arrest Warrant Issued for Former Maldives Leader

Posted February 9th, 2012 at 10:10 am (UTC-5)
Leave a comment

A criminal court in the Maldives has issued an arrest warrant for the country’s first democratically elected president, who has vowed he will stay in the country and fight the proceedings. An official from former President Mohamed Nasheed’s party says the court has ordered the arrest of Mr. Nasheed and his former defense minister, but […]

Tags: , , Posted in South Asia

Guinea Charges Official Over 2009 Stadium Massacre

Posted February 9th, 2012 at 10:00 am (UTC-5)
Leave a comment

A Guinean court has filed charges against a government official for his alleged role in the 2009 massacre of anti-government demonstrators. Colonel Moussa Tiegboro Camara is the highest-level official to be charged in connection with the crackdown, in which government forces fired on people protesting the military junta that ruled Guinea at the time. More […]

Tags: , Posted in Africa

Greece Reaches Accord on Austerity Demands from Its Lenders

Posted February 9th, 2012 at 10:00 am (UTC-5)
Leave a comment

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 […]

Tags: , , , , Posted in Economy, Europe

US Job Market Improves

Posted February 9th, 2012 at 9:15 am (UTC-5)
Leave a comment

Layoffs declined last week in the United States, a sign that problems in the job market are easing. Thursdays’ report from the labor Department says the number of people signing up for unemployment assistance fell by 15,000 last week to a nationwide total of 358,000. That means the number of layoffs fell close to a […]

Tags: , Posted in Americas, Economy, US

South Sudan, Ethiopia Sign Oil Pipeline Deal

Posted February 9th, 2012 at 8:55 am (UTC-5)
Leave a comment

South Sudan has signed a memorandum of understanding with Ethiopia allowing it to build an oil pipeline through Ethiopia to the port of Djibouti. South Sudan’s information minister announced the deal Thursday, amid a bitter oil dispute with Sudan that has prompted the south to halt production. Landlocked South Sudan had been shipping oil in […]

Tags: , , , Posted in Africa, Economy