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World Bank Chooses US Candidate Kim as Next President

Posted April 16th, 2012 at 4:00 pm (UTC-5)
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The directors of the World Bank have named another American, Jim Yong Kim, to be the president of the global development agency. Dr. Kim is a physician, anthropologist, and president of Dartmouth College. Previously he ran United Nations’ efforts to fight AIDS, created a non-governmental organization to promote health care for impoverished nations, and taught […]

Tags: , , , Posted in Economy

US Consumer Spending Advanced in March

Posted April 16th, 2012 at 3:00 pm (UTC-5)
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U.S. retail spending increased at a solid pace in March, an indication that consumer confidence is growing even as gasoline prices remain high. Consumer spending drives about 70 percent of the U.S. economy, the world’s largest. The government said Monday that retail sales advanced eight-tenths of one percent last month, faster than economists had projected, […]

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Fighting Escalates Along Two Sudans’ Border

Posted April 16th, 2012 at 1:40 pm (UTC-5)
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Violence has escalated along Sudan and South Sudan’s border, further raising fears the countries are on brink of war, just nine months after they formally split. The current president of the United Nations Security Council said the world body is gravely concerned about increasing confrontations along the two Sudans’ border and deep into each other’s […]

Tags: , Posted in Africa

World Bank Chooses US Candidate Kim as Next President

Posted April 16th, 2012 at 1:25 pm (UTC-5)
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The directors of the World Bank have named another American, Jim Yong Kim, to be the president of the global development agency. Dr. Kim is a physician, anthropologist, and president of Dartmouth College. Previously he ran United Nations’ efforts to fight AIDS, created a non-governmental organization to promote health care for impoverished nations, and taught […]

Tags: , , , Posted in Economy

Pentagon: Haqqani Network Behind 18-Hour Afghan Assault

Posted April 16th, 2012 at 1:25 pm (UTC-5)
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The Pentagon says the militant Haqqani network, based in Pakistan, is likely behind the coordinated attacks carried out throughout Afghanistan. Nearly 18 hours of fighting in the capital and parts of three provinces ended early Monday, when Afghan troops backed by NATO helicopters attacked a building in Kabul where the last militants were hiding. Witnesses […]

Tags: , , , Posted in South Asia

Pakistani Authorities Search for Escaped Prisoners

Posted April 16th, 2012 at 12:55 pm (UTC-5)
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Authorities in northwest Pakistan are looking for more than 300 inmates who escaped from a prison after Taliban militants raided the facility on Sunday. Four senior officials at the prison in Khyber-Pakhtunkhwa province were suspended after about 150 insurgents, armed with guns and rocket-propelled grenades, stormed the prison, freeing 388 prisoners. The Taliban claimed responsibility […]

Tags: , , , , Posted in South Asia

Kenyans Rule Boston Marathon

Posted April 16th, 2012 at 12:45 pm (UTC-5)
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Kenyan runners dominated the Boston Marathon Monday, taking the top three spots in both the men’s and women’s races. Wesley Korir triumphed in the men’s race with a time of two hours, 12 minutes and 40 seconds, about a half-minute ahead of his countrymen Levy Matebo (2:13:06) and Bernard Kipyego (2:13:13). American Jason Hartmann came […]

Tags: , , Posted in Africa

Reporters Visiting Pyongyang Get Rare Chance to Meet North Koreans

Posted April 16th, 2012 at 12:35 pm (UTC-5)
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Celebrations in Pyongyang marking the 100th birth anniversary of North Korea’s first leader, Kim Il Sung, gave a few foreign journalists a rare chance to visit the reclusive and impoverished nation, and to talk with some of its people. VOA’s Sungwon Baik was one of them and has this report from the North Korean capital. […]

Iran Ready to Resolve Nuclear Concerns

Posted April 16th, 2012 at 12:20 pm (UTC-5)
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Iran’s foreign minister says Tehran is ready to resolve concerns over its nuclear program in exchange for an easing of sanctions. Ali Akbar Salehi told the Iranian student news agency that Iran would always assert its right to process uranium, but that Iran is open to negotiations about the percentage of enrichment levels. He said […]

Tags: , Posted in Middle East

UN Security Council Condemns N. Korean Rocket Launch

Posted April 16th, 2012 at 12:15 pm (UTC-5)
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The U.N. Security Council has strongly condemned North Korea for its attempted launch of a long-range rocket last week. The resolution calls Friday’s launch “a serious violation of existing Security Council resolutions” aimed halting Pyongyang’s use of ballistic missile technology. U.S. Ambassador to the United Nations Susan Rice says the failed launch caused “grave security […]

Tags: , , , , Posted in East Asia Pacific