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Greece says Bond Swap Agreement is Secured With Lenders

Posted March 9th, 2012 at 2:10 am (UTC-5)
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Greece says the majority of the country’s private lenders, including financial institutions, have agreed to a bond swap deal to help it eliminate a $142-billion debt and avoid a default on its financial obligations later this month. Greece intends to use legislation to force the remaining holdouts to sign on to the agreement. Greece has […]

Tags: , , Posted in Europe

Judge Orders US Woman to Pay Child Support for Reneged Russian Adoption

Posted March 9th, 2012 at 1:05 am (UTC-5)
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A U.S. judge has ordered an American woman to pay child support for her adopted son she sent back to his native Russia. The judge granted a motion against Torry Hansen after she failed to appear in court Wednesday for a hearing on the matter. Hansen was living in the southern state of Tennessee in […]

Tags: , , Posted in Europe

Netanyahu: Israeli Will Not Strike Iran in Coming ‘Days or Weeks’

Posted March 9th, 2012 at 12:50 am (UTC-5)
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Israeli Prime Minister Benjamin Netanyahu says he will give international sanctions against Iran a chance to work and is not planning an attack on its nuclear facilities in the coming “days or weeks.” Speaking to Israeli television on Thursday, Mr. Netanyahu said he prefers a peaceful solution to the issue, but insisted that his country […]

Tags: , , Posted in Middle East

Ghana President Visits White House

Posted March 8th, 2012 at 8:30 pm (UTC-5)
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Ghana’s President John Atta Mills has met with U.S. President Barack Obama at the White House, during which Mr. Obama praised the “good news” emerging from Ghana. Mr. Obama told reporters after the meeting that President Mills has shown a commitment to expose corruption and increase transparency, making the democratically run country a “wonderful economic […]

Tags: , , , Posted in US

Syrian Official Defects, Joins Opposition

Posted March 8th, 2012 at 7:50 pm (UTC-5)
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Syria’s deputy oil minister resigned Thursday to join the anti-government revolt, and U.N.-Arab League envoy Kofi Annan urged diplomacy rather than militarization to end the ongoing crisis. In a video posted on YouTube, minister Abdo Husameddine addressed Syrian President Bashar al-Assad directly, accusing him of vast crimes over the past year as government forces continue […]

Tags: , , , Posted in Middle East

British, Italian Hostages Killed in Nigeria Rescue Bid

Posted March 8th, 2012 at 6:35 pm (UTC-5)
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Two hostages held in Nigeria have been killed in a rescue attempt by British and Nigerian forces. British Prime Minister David Cameron and Nigerian President Goodluck Jonathan jointly announced the hostages were killed by their captors before they could be rescued. President Jonathan blamed the Boko Haram militant group for the kidnappings, and said that […]

Tags: , , , Posted in Africa

World Powers Urge Iran Towards Nuclear Talks

Posted March 8th, 2012 at 3:00 pm (UTC-5)
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A group of six world powers has called on Iran to enter talks on its controversial nuclear program and allow international inspectors access to a military base amid reports Tehran may be cleaning it of evidence related to nuclear arms experiments. The group, known as the P5+1, voiced “regret” Thursday about Iran’s escalating campaign to […]

Tags: , , , , Posted in Middle East

Greece Nears Debt Write-Off Goal

Posted March 8th, 2012 at 2:05 pm (UTC-5)
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Greece is nearing its goal of getting the country’s private lenders to eliminate $142 billion of the country’s debt to help it avoid a default on its financial obligations later this month. A government official told news agencies in Athens Thursday that banks, pension funds and financial institutions holding three-quarters of the country’s debt had […]

Tags: , , , , Posted in Economy, Europe

British, Italian Hostages Killed in Nigeria Rescue Bid

Posted March 8th, 2012 at 1:45 pm (UTC-5)
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Two hostages held in Nigeria have been killed in a rescue attempt by British and Nigerian forces. The British and Italian governments said Thursday the two hostages were apparently killed by their captors. The two hostages, Italian national Franco Lamolinara and British national Christopher McManus, were kidnapped in northern Nigeria in May of last year. […]

Tags: , Posted in Africa

Pakistan Charges Bin Laden’s Wives With Illegal Entry

Posted March 8th, 2012 at 1:25 pm (UTC-5)
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Pakistani authorities have charged Osama bin Laden’s three widows with illegally entering and living in the country. Pakistan’s Interior Minister Rehman Malik announced Thursday the charges were filed against the women earlier this week. It is not clear when they will go on trial. In the meantime, Malik said authorities have confined the women to […]

Tags: , , , , Posted in South Asia