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World Markets Fall After European Elections Raise Concerns

Posted May 7th, 2012 at 4:40 am (UTC-5)
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Investors pushed major markets across Asia and Europe lower Monday, following elections in Greece and France that raised concerns about the future of austerity measures put into place to help rescue ailing eurozone economies. Stocks in Greece plunged more than 7 percent in early trading, while markets in Germany and France fell more than 1 […]

Tags: , , , Posted in East Asia Pacific

Putin Takes Russian Presidency for Historic 3rd Term

Posted May 7th, 2012 at 4:30 am (UTC-5)
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Russia’s Vladimir Putin took the oath of office Monday to become president for a historic third term. At an elaborate Kremlin ceremony attended by some 2,000 dignitaries, Mr. Putin placed his hand on a copy of the constitution and swore to “respect and protect the rights and freedoms of the people.” Police tightened security in […]

Tags: , , , , Posted in Europe

World Markets Fall After European Elections Raise Concerns

Posted May 7th, 2012 at 4:00 am (UTC-5)
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Investors pushed major markets across Asia and Europe lower Monday, following elections in Greece and France that raised concerns about the future of austerity measures put into place to help rescue ailing eurozone economies. Japan’s Nikkei index closed down 2.8 percent while Hong Kong’s Hang Seng was down 2.7 percent in late afternoon trading. Markets […]

Tags: , , , Posted in East Asia Pacific

Putin Takes Russian Presidency for Historic 3rd Term

Posted May 7th, 2012 at 3:20 am (UTC-5)
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Russia’s Vladimir Putin takes office Monday for a historic third presidential term. Police have tightened security in the capital, Moscow, ahead of the inauguration. Mr. Putin has been Russia’s prime minister since relinquishing the presidency in 2008. He won the country’s March 4 presidential election by a landslide. The opposition disputes the victory, calling it […]

Tags: , Posted in Europe

Asian Markets Fall After European Elections Raise Concerns

Posted May 7th, 2012 at 3:05 am (UTC-5)
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Investors pushed major Asian markets lower Monday, following elections in Greece and France that raised concerns about the future of austerity measures put into place to help rescue ailing eurozone economies. Japan’s Nikkei index closed down 2.8 percent while Hong Kong’s Hang Seng was down 2.7 percent in afternoon trading. European markets also signaled sharp […]

Tags: , Posted in East Asia Pacific

Clinton Urges India to Further Cut Iranian Oil Imports

Posted May 7th, 2012 at 2:50 am (UTC-5)
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U.S. Secretary of State Hillary Clinton has urged India to further cut its oil imports from Iran, as part of a continued campaign to pressure Tehran over its controversial nuclear program. Speaking at a town hall event Monday in Kolkata, Clinton praised India for reductions it has already made, but said there is enough oil […]

Tags: , Posted in South Asia

Chinese Dissident Expects No Barrier to US Trip

Posted May 7th, 2012 at 1:20 am (UTC-5)
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Chinese dissident Chen Guangcheng says he does not expect any trouble from Beijing when he applies for permission to travel to the United States with his family. The Reuters news agency said that during a phone interview Monday, Chen said he does not know when he will leave China, but that “it shouldn’t be too […]

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Al-Qaida Video Shows US Hostage

Posted May 7th, 2012 at 1:00 am (UTC-5)
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Al-Qaida has released a video showing an American hostage saying he will be killed if President Barack Obama 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. Weinstein directs a message at Mr. Obama, saying, “If you accept the […]

Tags: , Posted in South Asia