A key banking executive in the United States has apologized to Congress for financial trading mistakes that cost his company $2 billion. Wall Street titan Jamie Dimon, chief executive of the JPMorgan Chase investment banking firm, told the Senate banking committee Wednesday that its managers, starting late last year, mismanaged a series of investments. He […]
JPMorgan Chase Chief Apologizes for $2 billion Loss
Posted June 13th, 2012 at 10:45 am (UTC-5)
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Solar Plane Flies Over Moroccan Desert in Toughest Challenge
Posted June 13th, 2012 at 10:20 am (UTC-5)
The world’s first solar-powered plane to make an intercontinental flight is attempting an even greater challenge as it flies through the mountainous and desert climate of Morocco. The experimental Solar Impulse plane took off from the Moroccan capital, Rabat, at 8 a.m. local time (0700 UTC) Wednesday, with Swiss pilot and businessman Andre Borschberg at […]
Syria: Rebel Enclave ‘Cleansed’ and Retaken
Posted June 13th, 2012 at 10:05 am (UTC-5)
Syrian state television says government forces have retaken control of the rebellious western town of al-Haffeh after a week of heavy fighting that led the United States to warn of a potential massacre. Wednesday’s report said forces loyal to President Bashar al-Assad had restored calm and security in the strategic Sunni Muslim town after they […]
US Justice Department Files Court Challenge Against Florida Voter Purge
Posted June 13th, 2012 at 8:20 am (UTC-5)
The U.S. Justice Department has filed a lawsuit against Florida to stop officials from purging non-citizens from the state’s registered voter list. The lawsuit, filed Tuesday, alleges state officials are violating the National Voter Registration Act, which prohibits them from removing people from voter registration lists within 90 days of an election for federal office. […]
Greek Election a Referendum on Its Eurozone Membership
Posted June 13th, 2012 at 7:45 am (UTC-5)
Greece’s parliamentary elections on Sunday have effectively become a referendum — will Athens keep its eurozone membership or become the first to quit the 17-nation currency bloc? It is a simple question, but one with potentially far-reaching implications for Greece, the rest of Europe and the world economy. The Greek government has piled up a […]
UN: Afghan War Kills or Wounds 5 Children a Day
Posted June 13th, 2012 at 7:45 am (UTC-5)
The United Nations says more children are becoming casualties of the Afghan war, with five children killed or wounded in Afghanistan per day. In a new report released by U.N. Secretary-General Ban Ki-moon, more than 1,700 children were killed or injured in the conflict last year compared with nearly 1,400 in 2010. More than 300 […]
UN Envoy Arrives in Strife-Torn Western Burma
Posted June 13th, 2012 at 7:20 am (UTC-5)
A top aide to United Nations Secretary-General Ban Ki-moon has arrived in western Burma, where security forces are presiding over an uneasy calm following days of deadly sectarian clashes between Buddhists and Muslims. U.N. officials told VOA that Vijay Nambiar, the international body’s top envoy for Burma, arrived Wednesday in western Rakhine state, where government […]
Bombs Kill 46 in Iraq, Shi’ite Pilgrims Targeted
Posted June 13th, 2012 at 7:10 am (UTC-5)
Bombs have exploded in cities across Iraq as Shi’ite Muslims gathered for annual religious processions. Iraqi authorities say at least 46 people were killed in one of the country’s deadliest waves of violence this year. They said four bombs targeted Shi’ite pilgrims in and around Baghdad, killing at least 19 people, while car bombs killed […]
Ivory Coast Says Exiled Officers Planned Coup
Posted June 13th, 2012 at 7:00 am (UTC-5)
Officials in Ivory Coast say they have foiled a plot to overthrow the government by a group of exiled military officers with ties to former president Laurent Gbagbo. Interior Minister Hamed Bakayoko told state television late Tuesday that authorities arrested several people, including Colonel Kate Gnatoa, whom he identified as the leader of the group. […]
Survey Says Global Opinion of President Obama, US Mixed
Posted June 13th, 2012 at 6:30 am (UTC-5)
A new international opinion poll indicates that U.S. President Barack Obama and his policies are more favorably regarded in Europe than in the Muslim world. The U.S.-based Pew Research Center conducted a survey of people living in 21 nations and found that attitudes towards the U.S. are generally more positive now than in 2008, when […]
