The Japanese Coast Guard says three Chinese government ships have entered the waters near a hotly disputed island chain in the East China Sea. In a statement Wednesday, the coast guard says the Chinese ships ignored warnings from Japanese patrol vessels and sailed near the Tokyo-controlled islands. It says the Japanese ships are demanding that […]
Three Chinese Ships Sail Near Disputed Islands: Japanese Coast Guard
Posted October 3rd, 2012 at 3:45 am (UTC-5)
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ADB Lowers Growth Forecasts for Developing Asia
Posted October 3rd, 2012 at 2:00 am (UTC-5)
The Asian Development Bank has cut its growth forecasts for this year and next in developing Asia because of weakening global demand and a slowdown in the region’s two largest economies. In a report Wednesday, the ADB said emerging Asia should prepare for what it called a “prolonged period of moderate expansion,” following years of […]
ADB Lowers Growth Forecasts for Developing Asia
Posted October 3rd, 2012 at 12:50 am (UTC-5)
The Asian Development Bank has cut its growth forecasts for this year and next in developing Asia because of weakening global demand and a slowdown in the region’s two largest economies. In a report Wednesday, the ADB said emerging Asia should prepare for what it called a “prolonged period of moderate expansion,” which follows years […]
Syrian Conflict Draws in Assad Ally Hezbollah, Widens His Rift with Hamas
Posted October 2nd, 2012 at 8:10 pm (UTC-5)
Syria’s civil war appears to be drawing in Lebanese Hezbollah militants allied to President Bashar al-Assad while at the same time widening a rift between the Syrian leader and his former Palestinian militant allies Hamas. In reports published Tuesday, Western news agencies quote Lebanese sources and Syrian activists as saying that a senior Hezbollah commander […]
Hamza’s Lawyer Says Alleged Terrorist Needs Medical Tests
Posted October 2nd, 2012 at 7:50 pm (UTC-5)
A lawyer for accused terrorist Abu Hamza says his client should not be extradited from Britain to the United States before he gets an MRI scan, after suffering several years of poor health. Lawyer Alun Jones told a London court Tuesday that Abu Hamza’s health is deteriorating and said it would be “oppressive” to send […]
Study: Elderly Populations To Reach 1 Billion Within 10 Years
Posted October 2nd, 2012 at 6:40 pm (UTC-5)
A new study says the number of elderly people around the world is growing faster than any other age group, and could reach 1 billion within the next 10 years. The study, titled Aging in the Twenty-first Century: A Celebration and a Challenge, was issued this week by the United Nations Population fund. It says […]
Study: Number of Immigrant Entrepreneurs in US Falling
Posted October 2nd, 2012 at 6:30 pm (UTC-5)
A new study says the number of U.S. high-technology companies founded by immigrants is on the verge of decline, putting a key economic growth engine at risk. The study by the Kansas City-based Kauffman Foundation says immigrant entrepreneurs started one-quarter of all U.S. high-tech firms between 1995 and 2005. That number fell to 24 percent […]
Iran’s Ahmadinejad Rejects Domestic Criticism as Currency Slumps
Posted October 2nd, 2012 at 5:30 pm (UTC-5)
Iranian President Mahmoud Ahmadinejad has rejected growing domestic criticism of his economic policies as the national currency slumps to another record low against the dollar. Street traders said the rial traded as low as 39,000 per dollar on the black market on Tuesday before recovering slightly. A day earlier, the currency hit a record low […]
Pope’s Butler Speaks in Court of Betrayal
Posted October 2nd, 2012 at 4:50 pm (UTC-5)
The former butler for Pope Benedict says he feels guilty for “having betrayed the trust of the Holy Father.” Paolo Gabriele, a 46-year-old father of three, appeared in a Vatican courtroom Tuesday on charges of aggravated theft for allegedly stealing some of the pontiff’s personal papers. Gabriele took the stand in his own defense and […]
Saakashvili’s Party Concedes Defeat, Georgia Set for Transition
Posted October 2nd, 2012 at 4:20 pm (UTC-5)
Georgia is heading into a political transition after the opposition defeated the ruling party of President Mikheil Saakashvili in Monday’s parliamentary election. President Saakashvili conceded defeat Tuesday to the Georgian Dream coalition led by billionaire Bidzina Ivanishvili. Mr. Saakashvili pledged in a televised statement to help the opposition form a new government. He will remain […]
