European leaders are weighing the possibility of using the eurozone’s financial rescue fund to make direct debt purchases from Italy and Spain as a way to ease the surging borrowing costs both countries are faced with on the world’s financial markets. European heads of state were engaged in sharp discussions Thursday in Brussels, their 20th […]
Europe Weighing Italian, Spanish Debt Relief
Posted June 28th, 2012 at 3:35 pm (UTC-5)
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UN War Crimes Court Drops One Genocide Count Against Karadzic
Posted June 28th, 2012 at 3:05 pm (UTC-5)
Judges at the United Nations war crimes tribunal for the former Yugoslavia have dropped one of two genocide charges against former Bosnian Serb leader Radovan Karadzic. A tribunal spokesperson said the court found that prosecutors did not present enough evidence to support the genocide count in relation to killings by Bosnian Serb forces in towns […]
Scientists Find Culprit in “Tasteless” Market Tomatoes
Posted June 28th, 2012 at 3:00 pm (UTC-5)
Beware the gorgeous red tomato. In a cruel twist of fate, the same gene that enables a tomato to ripen evenly also robs it of sweetness, according to new research published in the journal Science. For decades, breeders have prized uniform color in tomatoes, a red, fleshy fruit native to the Americas that’s now grown […]
Russia Supports Assad, Blast Rocks Damascus
Posted June 28th, 2012 at 2:45 pm (UTC-5)
Russia says Syria needs a period of political transition but has rejected calls for President Bashar al-Assad to relinquish power in a possible unity government. Meanwhile, there has been a powerful explosion near the country’s main court in Damascus. Thursday’s developments came as neighboring Turkey deployed troops and anti-aircraft batteries to the Syrian border following […]
US Supreme Court OKs Obama’s Health Care Plan
Posted June 28th, 2012 at 2:40 pm (UTC-5)
The U.S. Supreme Court handed President Barack Obama a major victory Thursday, upholding the key part of his controversial health care plan in a 5-4 decision. The so-called “individual mandate” requires Americans to have health insurance or face a financial penalty. U.S. Chief Justice John Roberts sided with the court’s more liberal justices, writing in […]
Ancient Pot Shards Suggest Ceramics First Used 20,000 Years Ago
Posted June 28th, 2012 at 2:15 pm (UTC-5)
People began making ceramic pottery 20,000 years ago about 2000 years earlier than previously thought — according to a new analysis of ancient Chinese pot shards. The study, published in the journal Science, suggests that the craft of pottery predates farming by 10,000 years. And it proposes that fired ceramic containers were being used during […]
US Supreme Court OKs Obama’s Health Care Plan
Posted June 28th, 2012 at 2:10 pm (UTC-5)
The U.S. Supreme Court handed President Barack Obama a major victory Thursday, upholding the key part of his controversial health care plan in a 5-4 decision. The so-called “individual mandate” requires Americans to have health insurance or face a financial penalty. U.S. Chief Justice John Roberts sided with the court’s more liberal justices, writing in […]
Deadly Blast Hits Bus Carrying Shi’ites in SW Pakistan
Posted June 28th, 2012 at 2:00 pm (UTC-5)
Authorities say a roadside bomb has hit a bus carrying Shi’ite pilgrims in southwestern Pakistan, killing at least 13 people. The bus was traveling from Iran to Quetta, the capital of Baluchistan province when Thursday’s blast occurred. The province has seen sectarian violence between majority-Sunni Muslims and minority Shi’ites. The attack wounded at least 30 […]
US Health Care Ruling Helps Hospitals; Hurts Insurers
Posted June 28th, 2012 at 1:30 pm (UTC-5)
Equities analysts at Goldman Sachs, the major investment bank, say hospitals are “winners” in the U.S. Supreme Court ruling on President Obama’s health care plan. A commentary published by the firm predicts that the year 2014, when many provisions of the health care law are in place, should be a good one for hospital companies. […]
Chinese Police Crack Down on Guangdong Protesters
Posted June 28th, 2012 at 12:50 pm (UTC-5)
Police in China’s Guangdong province are under orders to arrest anyone suspected of stoking tensions that erupted into deadly rioting this week between migrant workers and local residents. Protests exploded into violence Monday and Tuesday in the provincial city of Zhongshan, with fighting between locals and migrants who have long-complained of wages and benefits lower […]
