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US to Wind Down Its General Motors Stake

Posted December 19th, 2012 at 10:05 am (UTC-5)
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The U.S. is winding down its stake in the country’s biggest auto maker, General Motors. GM said Wednesday it would pay $5.5 billion for 200 million shares of stock held by the government, with the United States likely to sell its remaining 300 million shares over the next 12 to 15 months. The U.S. rescued […]

Tags: , , , , Posted in Economy

U.S. General Demoted Over Misuse of Funds

Posted November 14th, 2012 at 12:20 pm (UTC-5)
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A four-star general who once led the U.S. military’s Africa Command has been demoted for misusing taxpayer money. U.S. Defense Secretary Leon Panetta said this week General William “Kip” Ward, former head of AFRICOM, will lose one of his four stars and will be forced to repay $82,000 to the military. Investigators have concluded Ward […]

Tags: , , , Posted in Africa

Netanyahu Calls for ‘Clear Red Line’ on Iran’s Nuclear Program

Posted September 27th, 2012 at 3:00 pm (UTC-5)
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Israeli Prime Minister Benjamin Netanyahu is calling on the world to draw a ‘clear red line’ on Iran’s nuclear program, warning it is the only way to prevent nuclear war. The Israeli leader made his comment to delegates at the United Nations General Assembly Thursday – using a diagram of a bomb – at times […]

Tags: , , , , Posted in Middle East

Palestinians Accuses Israel of Blocking Peace Process

Posted September 27th, 2012 at 1:50 pm (UTC-5)
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Palestinian President Mahmoud Abbas blamed Israel for the broken down Middle East peace process saying Israel is rejecting a two-state solution and is instead trying to force the collapse of the Palestinian Authority. Mr. Abbas got a long round of applause as he took the podium at the United Nations General Assembly Thursday before criticizing […]

Tags: , , , , , Posted in Middle East

Israeli, Palestinian Leaders to Speak at U.N. General Assembly

Posted September 27th, 2012 at 10:35 am (UTC-5)
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Israeli Prime Minister Benjamin Netanyahu will repeat his warnings about the potential threat of a nuclear-armed Iran when he addresses the U.N. General Assembly Thursday. Mr. Netanyahu’s speech comes amid speculation that Israel could launch a pre-emptive military strike against Iran. The Israeli leader has demanded that U.S. President Barack Obama spell out non-negotiable points, […]

Tags: , , , , , Posted in Middle East

Israeli, Palestinian Leaders to Speak at U.N. General Assembly

Posted September 27th, 2012 at 3:45 am (UTC-5)
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Israeli Prime Minister Benjamin Netanyahu will repeat his warnings about the potential threat of a nuclear-armed Iran when he addresses the U.N. General Assembly Thursday. Mr. Netanyahu’s speech comes amid speculation that Israel could launch a pre-emptive military strike against Iran. The Israeli leader has demanded that U.S. President Barack Obama spell out non-negotiable points, […]

Tags: , , Posted in Middle East

Iran’s Ahmadinejad Blasts U.N. Security Council

Posted September 26th, 2012 at 11:50 am (UTC-5)
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Iranian President Mahmoud Ahmadinejad has leveled harsh criticism against the U.N. Security Council, saying it is “under the domination” of a few governments. In a speech to the U.N. General Assembly on Wednesday, he said an existence of discrimination in the world body was a “great insult to all.” He also said the veto rights […]

Tags: , , , , Posted in Middle East

Middle East Again Major Focus at U.N. General Assembly

Posted September 26th, 2012 at 10:50 am (UTC-5)
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Mahmoud Ahmadinejad on Wednesday is delivering his last address to the United Nations General Assembly as Iran’s president. Mr. Ahmadinejad’s speech comes a day after U.S. President Barack Obama restated previous warnings that the United States and its allies would not allow Tehran to develop a nuclear weapon. Mr. Obama added that time was running […]

Tags: , , , , Posted in Middle East

Middle East Again Major Focus at U.N. General Assembly

Posted September 26th, 2012 at 9:10 am (UTC-5)
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Mahmoud Ahmadinejad on Wednesday will deliver his last address to the United Nations General Assembly as Iran’s president. Mr. Ahmadinejad’s speech comes a day after U.S. President Barack Obama restated previous warnings that the United States and its allies would not allow Tehran to develop a nuclear weapon. Mr. Obama added that time was running […]

Tags: , , , Posted in US

Middle East Again Major Focus at U.N. General Assembly

Posted September 26th, 2012 at 8:15 am (UTC-5)
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Mahmoud Ahmadinejad on Wednesday will deliver his last address to the United Nations General Assembly as Iran’s president. Mr. Ahmadinejad’s speech comes a day after U.S. President Barack Obama restated previous warnings that the United States and its allies would not allow Tehran to develop a nuclear weapon. Mr. Obama added that time was running […]

Tags: , , Posted in US

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