U.S. officials say they will not negotiate with al-Qaida over the fate of a 70-year-old American aid worker held hostage in Pakistan, despite the man’s video plea for help from President Barack Obama. White House spokesman Jay Carney said Monday that Washington “cannot and will not” negotiate with al-Qaida, but that there is great concern […]
US: No Negotiating With al-Qaida on American Hostage
Posted May 7th, 2012 at 3:00 pm (UTC-5)
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Uncertainty Grips World Financial Markets in Wake of European Elections
Posted May 7th, 2012 at 2:55 pm (UTC-5)
Uncertainty is gripping world financial markets, after elections in Greece and France raised concerns about the future of austerity measures to help rescue Europe’s debt-ridden governments and its ailing economies. Key Asian markets fell sharply Monday, with Japan’s Nikkei index closing down 2.8 percent and Hong Kong’s Hang Seng off 2.6 percent. The Athens stock […]
Greek Coalition Talks End in Stalemate
Posted May 7th, 2012 at 2:10 pm (UTC-5)
The head of Greece’s conservative party, Antonis Samaras, says he is unable to form a coalition government. Samaras, whose New Democracy party won the most votes in Sunday’s election, was given the first chance to form an administration by President Karolos Papoulias. But after holding talks Monday, Samaras failed to convince other parties to join […]
Estimate of Kenyan Oil Discovery Increases
Posted May 7th, 2012 at 1:35 pm (UTC-5)
A British company says it has found more oil at an exploration well in northwestern Kenya. In March, Tullow Oil said it had discovered a 20-meter oil deposit in Kenya’s Turkana region. On Monday, the company said further drilling had increased that amount to more than 100 meters. Tullow said it found the additional oil […]
Socialists Key to Serbian Government
Posted May 7th, 2012 at 1:25 pm (UTC-5)
The Socialist Party of late Serbian strongman Slobodan Milosevic has emerged as a kingmaker, after an inconclusive presidential election in which voters punished the ruling Democratic Party for their economic woes. Preliminary results released Monday show incumbent Boris Tadic of the Democratic Party, slightly ahead of his main challenger, Tomislav Nikolic of the nationalist Serbian […]
Al-Qaida Video Shows US Hostage
Posted May 7th, 2012 at 1:15 pm (UTC-5)
WEB: factbox #2442451 TYPE: CN )) Al-Qaida has released a video showing an American hostage telling President Barack Obama that his captors will kill him if the U.S. leader does not meet the militant group’s demands. Monitoring groups said al-Qaida’s media arm posted the nearly three-minute video of Warren Weinstein on jihadist forums Sunday. In […]
Uncertainty Grips World Financial Markets in Wake of European Elections
Posted May 7th, 2012 at 12:35 pm (UTC-5)
Uncertainty is gripping world financial markets, after elections in Greece and France raised concerns about the future of austerity measures to help rescue Europe’s debt-ridden governments and its ailing economies. Key Asian markets fell sharply Monday, with Japan’s Nikkei index closing down 2.8 percent and Hong Kong’s Hang Seng off 2.6 percent. The Athens stock […]
Tymoshenko’s Daughter Meets German Minister
Posted May 7th, 2012 at 11:45 am (UTC-5)
The daughter of imprisoned former Ukrainian prime minister Yulia Tymoshenko is in Germany, in a bid to increase pressure on the Ukrainian leadership to release her mother for medical treatment. Yevgenia Tymoshenko was due to meet in Berlin Monday with Justice Minister Sabine Leutheusser-Schnarrenberger to discuss her mother’s case and the rule of law in […]
Greek Conservatives Must Form Coalition Government
Posted May 7th, 2012 at 10:55 am (UTC-5)
The head of Greece’s conservative party, Antonis Samaras, has begun talks to build a coalition government soon, as European leaders urge Athens to continue respecting the terms of a financial bailout. Greek voters on Sunday failed to hand an absolute majority to any party. But they appeared to favor parties that opposed austerity requirements imposed […]
Monitors Give Mixed Marks to Armenia’s Election
Posted May 7th, 2012 at 10:45 am (UTC-5)
International monitors have praised Sunday’s elections in Armenia as competitive and peaceful, but criticized violations they say undermined the vote, including pressure on voters and an inadequate complaints process. The Organization for Security and Cooperation in Europe said Monday that Armenia deserves recognition for its electoral reforms and its open and peaceful campaign. But OSCE […]
