Greek Prime Minister Lucas Papademos says the country has a lot of work to do before getting the new $172 billion bailout from the European Union and International Monetary Fund. The Greek parliament has agreed in principle to the package of spending and job cuts as demanded by the EU and IMF. The lawmakers must […]
Eurozone Ministers Approve New Greek Bailout
Posted February 21st, 2012 at 8:25 pm (UTC-5)
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IAEA ‘Disappointed’ as Iran Blocks Experts From Visiting Military Site
Posted February 21st, 2012 at 8:05 pm (UTC-5)
The International Atomic Energy Agency says Iran has blocked U.N. experts from inspecting an Iranian military site and refused to cooperate with them in answering allegations of Iranian efforts to design a nuclear weapon. In a statement issued early Wednesday, the IAEA says the U.N. delegation led by chief inspector Herman Nackaerts was returning to […]
Thousands Gather for Mardi Gras Celebrations Worldwide
Posted February 21st, 2012 at 7:10 pm (UTC-5)
Revellers around the world are celebrating Mardi Gras — or Fat Tuesday — a day of rich foods, colorful parades, and raucous parties before Lent, a 40-day period of repentance leading to Easter. The holiday comes as a number of European countries facing overwhelming national debt are cutting budgets, benefits, and jobs. But in Portugal, […]
China Vows to Repatriate 30 North Koreans
Posted February 21st, 2012 at 7:10 pm (UTC-5)
China has rejected South Korean pleas not to repatriate 30 North Koreans recently arrested in Chinese territory. A spokesman for China’s Foreign Ministry, Hong Lei, said Tuesday the detained North Koreans are illegal economic migrants and not refugees deserving protection. The spokesman indicated his government rejects taking the issue to the United Nations. South Korean […]
Nigerian Ex-President in Senegal to Defuse Tension
Posted February 21st, 2012 at 6:30 pm (UTC-5)
Former Nigerian President Olusegun Obasanjo arrived in Senegal late Tuesday to head a joint election observation mission between the African Union and the Economic Community of West African States . When asked what message he brought to Senegal from the AU, President Obasanjo said his first job is to observe Sunday’s vote and his second […]
Yemen Counts Votes in 1-Candidate Election to Confirm Hadi as Leader
Posted February 21st, 2012 at 5:45 pm (UTC-5)
Yemen has begun counting votes from a one-candidate election designed to confirm Vice President Abed Rabbo Mansour Hadi as the country’s new leader after a year-long uprising against autocratic President Ali Abdullah Saleh. Yemeni authorities said Tuesday’s turnout was high in the capital Sana’a and several other cities, where voters expressed hope that the pre-determined […]
Dow Hits 13,000
Posted February 21st, 2012 at 5:30 pm (UTC-5)
The most closely watched stock market index in the United States, the Dow Jones Industrial Average, advanced above the milestone 13,000 mark on Tuesday. It was the first time the index of 30 key American stocks had touched the 13,000 level since May 2008. After reaching that mark in late-morning trading in New York, the […]
Zimbabwe’s Mugabe Turns 88, Vows to Stay in Power
Posted February 21st, 2012 at 5:15 pm (UTC-5)
Zimbabwean President Robert Mugabe marked his 88th birthday Tuesday with a series of interviews in which he declared he is healthy, has no intention of stepping down any time soon, and will call elections this year. The Zimbabwean leader said he is “fit as a fiddle” and “not yet” ready to retire, adding that at […]
Nigeria Tightens Security in North Following Deadly Attack
Posted February 21st, 2012 at 4:10 pm (UTC-5)
Nigerian forces have tightened security at a market in the northeastern city of Maiduguri following an attack late Monday by gunmen that killed as many as 30 civilians. The military confirmed the fighting but denied any civilian deaths. It said eight militants, believed to be members of the extremist Islamic sect Boko Haram, were killed […]
Iran: Visiting IAEA Team Will Not Inspect Nuclear Facilities
Posted February 21st, 2012 at 3:25 pm (UTC-5)
Iran says a visiting team of United Nations nuclear officials will not inspect Iranian nuclear facilities despite international concerns that such facilities are part of a clandestine nuclear weapons program. Iranian Foreign Ministry spokesman Ramin Mehmanparast said Tuesday the purpose of the visit by the International Atomic Energy Agency team is not inspections but discussions […]
