France’s new socialist government is calling for higher taxes on the wealthy and big businesses as it attempts to cut its budget deficit and boost its stagnant economy. In his first spending proposal, French President Francois Hollande proposed $39 billion in savings, with a third of it in spending cuts and two-thirds from higher taxes. […]
France’s Hollande Calls for Increased Taxes on the Wealthy
Bitter Battle Rages in Aleppo, Damascus
Syrian rebels making a push against troops in Syria’s most populous city are meeting with stiff resistance as the death toll rises. Rebel leaders began an offensive in the commercial hub of Aleppo late Thursday, one commander told his brigade. ”Allahu Akbar (God is the greatest), the start of the decisive battle in Aleppo and […]
UN Appeals for Pakistan Flood Aid
The United Nations is appealing for more than $15 million to help thousands of people affected by flooding in Pakistan. The country’s National Disaster Management Authority says at least 370 people have been killed and 4.4 million affected by floodwaters that have swept through Sindh, Punjab and Baluchistan provinces in recent weeks. On Friday, the […]
Romney Campaign Suffers New Blow Ahead of First Debate
U.S. Republican presidential candidate Mitt Romney is campaigning in the battleground state of Pennsylvania Friday as news that President Barack Obama has presided over net job growth derailed one of the Republican candidate’s key talking points. The former Massachusetts governor has repeatedly criticized Mr. Obama’s handling of the economy, claiming the nation has lost hundreds […]
Kenya Military Attacks Somali Rebel Stronghold
Kenyan forces have attacked the Somali port city of Kismayo, trying to drive militant group al-Shabab from its last major stronghold. The Kenyan military says Friday’s attack involved land, sea and air forces and was done in coordination with African Union and Somali government troops. VOA’s Somali Service reports Kenyan and Somali government troops control […]
Germany Charges Suspected Russian Spies with Espionage
German prosecutors say they have indicted two people suspected of spying for Russia on Germany, the European Union, and NATO. Federal prosecutors announced this week that the pair, known only as Andreas and Heidrun A., have been charged with espionage. The couple is alleged to have spent more than 20 years in Germany, communicating with […]
Bo Xilai Rising Star in Chinese Politics Before Scandal
Bo Xilai was once considered a rising star in Chinese politics. He was thought to be a top candidate for elevation to China’s all-powerful Politburo Standing Committee in November at the 18th Party Congress, which will pick a new generation of Chinese leaders. But a political scandal that surfaced earlier this year derailed his career. […]
With Revision, US Labor Market Expanded During Obama Term
U.S. economic fortunes are still sluggish, but the government has now determined that more jobs have been added during President Barack Obama’s term in office than lost. While nearly 13 million workers are unemployed in the country, the new government figures show that since January 2009, when Mr. Obama took office, the country has added […]
Everest-bound Plane Crashes in Nepal, Killing 19
Authorities in Nepal say a plane crashed shortly after taking off Friday from the capital Kathmandu, killing all 19 people on board. An airport official said the pilot notified air traffic controllers the small, twin-propeller plane had hit a large bird moments before it went down. Aviation authorities say the Sita Air flight crashed on […]
Coffee Giant Starbucks to Soon Open First India Store
The world’s largest coffee retailer, Starbucks, says it will open its first store in India next month. Starbucks is entering the Indian market as part of a joint venture with India’s Tata Global Beverages. Starbucks’ China and Asia-Pacific President John Culver said the U.S. company will open a store in India’s financial hub Mumbai by […]