Leaders of the European Union have reached an agreement to use its permanent rescue fund to directly boost struggling banks across the continent, and to seek a tighter long-term budgetary and political union. The decision was reached early Friday morning after hours of discussions at the EU summit in Brussels. The agreement also establishes a […]
EU Leaders Agree on Bank Rescue Fund, Bond Support for Italy and Spain
Posted June 29th, 2012 at 2:40 am (UTC-5)
Leave a comment
West African Leaders Discuss Crisis in Mali
Posted June 29th, 2012 at 2:00 am (UTC-5)
West African leaders are meeting Friday to discuss the latest developments in Mali, where recent clashes between Islamist rebels and Tuareg separatists have killed at least 20 people. The extraordinary two-day summit of the Economic Community of West African States (ECOWAS) will also focus on ongoing security concerns in Guinea Bissau, another coup-struck country in […]
China’s Astronauts Return to Earth
Posted June 28th, 2012 at 11:20 pm (UTC-5)
China’s Shenzhou-9 spacecraft with three astronauts on board has landed in a remote northern area after a successful mission to manually dock with an orbiting space station module. The three, including China’s first female astronaut, landed safely Friday morning in the country’s vast Inner Mongolia region. Rescue workers quickly surrounded the capsule as TV cameras […]
US Appeals Court Upholds 10 Year Prison Term for Lawyer in Terrorism Case
Posted June 28th, 2012 at 9:45 pm (UTC-5)
A U.S. federal appeals court has upheld a 10 year prison sentence for a disbarred lawyer who helped her jailed terrorist client smuggle messages to his followers. The three-judge panel in New York wrote Thursday that Lynne Stewart still refuses to understand the seriousness of her crime. Stewart was originally sentenced to 28 months in […]
US Contractor Pleads Guilty to Helping China Build Attack Helicopter
Posted June 28th, 2012 at 7:30 pm (UTC-5)
A subsidiary of U.S. defense contractor United Technologies Corporation, or UTC, pleaded guilty Thursday to criminal charges of selling China hardware to help it build a military attack helicopter. The Justice Department charged UTC’s Canadian subsidiary, Pratt & Whitney Canada, with selling China hardware for its Z-10 attack helicopter, violating the Arms Export Control Act. […]
EU Leaders Agree on Growth Pact; Italy, Spain Refuse to Sign On
Posted June 28th, 2012 at 7:10 pm (UTC-5)
European Union leaders meeting at a summit in Brussels Thursday have agreed to set aside about $150 billion to stimulate growth in the bloc’s weakest economies. European Council President Herman van Rompuy announced the so-called “growth pact” which was rejected by Italy and Spain. “The key element is that we boost the financing of the […]
US: Syria’s Assad Losing Control, Fueling Violence in Damascus
Posted June 28th, 2012 at 7:00 pm (UTC-5)
The United States says escalating violence in and around Damascus is a result of President Bashar al-Assad assaulting the Syrian people and a sign that he is losing control of the capital. A bomb exploded near Syria’s main judiciary complex, known as the Palace of Justice, in central Damascus on Thursday, wounding three people. A […]
House Holds Attorney General Eric Holder in Contempt of Congress
Posted June 28th, 2012 at 6:05 pm (UTC-5)
The U.S. House of Representatives voted Thursday to hold Attorney General Eric Holder in contempt of Congress for refusing to turn over documents about a failed gun running scheme between the United States and Mexico. The vote was along party lines, with 255 House members voting in favor and 67 opposing it. But most Democratic […]
Clinton Recommends Fewer Business Barriers For Young Latvians
Posted June 28th, 2012 at 5:50 pm (UTC-5)
U.S. Secretary of State Hillary Clinton says fewer barriers to starting a new business in Latvia will enable more of its young people to engage in economic activity. Secretary Clinton arrived in Riga Latvia Thursday and after meEting with top officials she participated in a town hall meeting at the University of Latvia hosted by […]
House Holds Attorney General Eric Holder in Contempt of Congress
Posted June 28th, 2012 at 5:00 pm (UTC-5)
The U.S. House of Representatives voted Thursday to hold Attorney General Eric Holder in contempt of Congress for refusing to turn over documents about a failed gun running scheme. The vote was generally along party lines, with 255 House members voting in favor and 67 opposing it. But most Democratic House members walked out of […]
