The chief executive of Citigroup, one of the world’s largest financial institutions, has unexpectedly resigned. Vikram Pandit, who led the New York-based bank for the past five years, stepped down a day after Citigroup reported stronger-than-expected profits for the July-to-September period. Citigroup named Michael Corbat, who has overseen the bank’s operations in Europe, the Middle […]
Karadzic Tells UN Court He Should Be Rewarded for Trying to Avoid War
Posted October 16th, 2012 at 10:05 am (UTC-5)
Former Bosnian Serb leader Radovan Karadzic has told the United Nations war crimes tribunal that he should be rewarded for promoting peace rather than charged with genocide for his role in the Bosnian civil war of the 1990s. Looking relaxed and sometimes smiling, Karadzic was speaking Tuesday as he opened his own defense at the […]
EU Rebukes Google on Its Privacy Policy
Posted October 16th, 2012 at 10:00 am (UTC-5)
Data protection agencies in Europe have concluded that Google’s new privacy policy does not comply with the continent’s laws, but the Internet search giant immediately rejected the claim. U.S.-based Google adopted the policy in March, allowing the company to track users across its various offerings, so it could target specific advertising at them depending on […]
India: Pakistani Troops Kill 3 in Cross-Border Fire
Posted October 16th, 2012 at 9:15 am (UTC-5)
The Indian army says three civilians have been killed after Pakistani troops fired across the border in the disputed region of Kashmir. A military spokesman said Pakistani forces fired mortars across the de facto border or Line of Control into the Uri sector of Indian-controlled Kashmir on Tuesday. There was no immediate comment from the […]
Prestige Oil Spill Trial Begins
Posted October 16th, 2012 at 8:00 am (UTC-5)
Nearly 10 years after the worst oil spill in Spain’s history, trial is underway for four men held responsible for the sinking of the oil tanker Prestige off the northwest Spanish coast. Prosecutors are asking a 12-year prison sentence for ship captain Apostolos Mangouras, who is charged with harming the environment. Also charged are the […]
Obama Looking to Revive Campaign in Second Debate With Romney
Posted October 16th, 2012 at 6:55 am (UTC-5)
Aides to U.S. President Barack Obama say he will deliver a much stronger performance when he meets Republican challenger Mitt Romney Tuesday night in their second debate. Mr. Obama was heavily criticized after his first debate on October 3 for appearing listless and ill-prepared against Mr. Romney, who who was far more engaged and aggressive. […]
France Says International Intervention in Mali Weeks Away
Posted October 16th, 2012 at 6:50 am (UTC-5)
France’s defense minister says an international military operation to help oust Islamic militants from northern Mali will get under way in a matter of weeks. Jean-Yves Le Drian spoke to France 2 television on Tuesday, days after the U.N. Security Council passed a resolution clearing the way for the deployment of foreign troops to Mali. […]
Iran Criticizes Latest EU Sanctions
Posted October 16th, 2012 at 6:15 am (UTC-5)
Iran has criticized the latest round of sanctions aimed at pressuring the country to curb its nuclear program. Foreign Ministry spokesman Ramin Mehmanparast said Tuesday that the new sanctions imposed by the European Union are “inhumane” and will not affect Iran’s nuclear work. The EU measures announced Monday ban financial transactions with Iranian banks unless […]
France Says International Intervention in Mali Weeks Away
Posted October 16th, 2012 at 5:50 am (UTC-5)
France’s defense minister says an international military operation to help oust Islamic militants from northern Mali will get under way in a matter of weeks. Jean-Yves Le Drian spoke Tuesday, days after the U.N. Security Council passed a resolution clearing the way for the deployment of foreign troops to Mali. He said France will not […]
39 Arrested in French Heroin Bust
Posted October 16th, 2012 at 5:30 am (UTC-5)
French authorities say police have arrested 39 people in a sting on an Albanian and Kosovar heroin trafficking network. A local government official in eastern France said more than 200 security officers conducted a series of early-morning raids Tuesday near the border with Germany and Switzerland. The official said the drug ring accounts for hundreds […]
