The Indian government has pushed ahead with a new set of economic reform proposals aimed at jump starting the country’s lagging economy. The Cabinet on Thursday approved a measure to raise the limit on foreign investment in India’s insurance sector from 26 to 49 percent. Federal ministers also agreed to allow foreign direct investment into […]
Indian Government Pushes Ahead With Economic Reform Agenda
Energy Companies Planning Major Alaska Pipeline
Four energy companies say they plan to build a natural gas pipeline in the remote U.S. state of Alaska and then ship liquefied natural gas to Asia. Officials from Exxon Mobil, ConocoPhillips, BP and TransCanada told Alaska officials late Wednesday the nearly 1,300-kilometer-long pipeline would run from the state’s North Slope energy fields above the […]
Obama, Romney Trade Post-Debate Barbs
With the first debate behind them, U.S. President Barack Obama and former Massachusetts governor Mitt Romney have resumed campaigning in Denver, Colorado, site of Wednesday’s matchup. Mr. Obama appeared at a rally where he accused Romney of changing his campaign positions. He said presidential candidates owe Americans “the truth.” Mr. Romney made a surprise appearance […]
Turkey OKs Possible Further Action Against Syria
The Turkish parliament has voted to authorize further military operations outside its borders after it struck Syrian targets on Thursday in response to a deadly cross-border mortar attack that killed five civilians. Deputy Prime Minister Besir Atalay said the one-year measure is not a declaration of war, but intended as a deterrent against aggressive action […]
Sri Lanka’s Buddhist Monks Protest Bangladesh Violence
Hundreds of Buddhist monks demonstrated in Sri Lanka Thursday to protest a recent wave of violence targeting their religious community in Bangladesh. Reverend Galagodawatte Ghanasara told the crowd in Colombo that Buddhists are hiding in jungles in fear of their lives after rampaging Muslims reportedly torched more than 20 temples and over 100 businesses in […]
US Jobless Benefit Claims Edge Higher
First-time claims for jobless benefits edged slightly higher in the U.S. last week, signaling the country’s sluggish labor market is advancing only modestly. The government said Thursday that initial requests for unemployment compensation increased 4,000 from the previous week to 367,000, a level economists says is consistent with weak job growth. U.S. financial analysts and […]
Tibetan Blogger Self-Immolates, Leaves Posts Behind
Sources tell VOA’s Tibetan Service a 43-year-old poet and blogger named Gudrup doused himself in flames Thursday in Dreru, Tibet – part of the area China has designated the Tibet Autonomous Region. Witnesses said Gudrup was badly burned when he was brought to a hospital. A doctor later told them Gudrup had died but the […]
Colombia’s Government, Rebels to Resume Peace Talks
Colombia’s government and the country’s main rebel group plan to resume peace talks later this month in Norway’s capital, Oslo. Norwegian officials said Thursday the two sides will hold a press conference on October 17 to announce a resumption of the talks. In August, Colombian President Juan Manuel Santos said negotiations between his government and […]
Overnight Polls: Viewers Say Romney Won Debate
Voters think former Massachusetts governor Mitt Romney was the winner in Wednesday’s U.S. presidential debate, according to two overnight polls. A CNN poll of 430 registered voters said 67 percent of respondents believe Mr. Romney won the debate, compared to only 25 percent who said President Barack Obama, a Democrat, came out on top. A […]
European Central Bank Chief Praises Spain Economic Effort
European Central Bank chief Mario Draghi is praising debt-ridden Spain’s efforts to control its spending even as investors fear Madrid will be forced into an international bailout. Draghi offered his assessment of the Spanish austerity program Thursday, just after the central bank’s governing council decided to keep its benchmark lending rate at a record-low three-quarters […]