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European Financial Markets Shrug at Credit Downgrades

Posted January 16th, 2012 at 2:00 pm (UTC-5)
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European financial markets appeared largely indifferent Monday to last week’s credit downgrades for France and eight other European countries, in part because investors had assumed for a while their ratings would be cut. Europe’s main stock exchanges in London, Paris and Frankfurt traded in a narrow range Monday, fluctuating with small gains and losses before […]

Tags: , , , Posted in Economy, Europe

UN’s Ban Urges Security Council to Act ‘Seriously’ on Syria Crisis

Posted January 16th, 2012 at 1:10 pm (UTC-5)
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U.N. Secretary-General Ban Ki-moon is urging the world body’s Security Council to take “serious” action on Syria, where he says casualties from a 10-month-old opposition uprising have reached “unacceptable” levels. Speaking Monday on a visit to Abu Dhabi, Mr. Ban also appealed to the Council to act in a “coherent” manner in resolving the Syrian […]

Tags: , , Posted in Middle East

Workers Restart Italian Cruise Ship Rescue Operations

Posted January 16th, 2012 at 11:20 am (UTC-5)
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Italian rescuers have resumed a search for survivors inside the wreck of a luxury liner that hit rocks and capsized off the coast of northern Italy. The search restarted Monday afternoon, hours after the massive cruise ship Costa Concordia slipped on its rocky resting place in bad weather, sending divers fleeing to safety. Six people […]

Tags: , , , , Posted in Europe

Kazakh Leader Hails Unity, OSCE Criticizes Parliament Vote

Posted January 16th, 2012 at 10:20 am (UTC-5)
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Kazakh President Nursultan Nazarbayev says his party’s landslide victory in Sunday’s parliamentary elections is a sign of national unity and support for his government, following deadly anti-government protests last month. But international observers from the Organization for Security and Cooperation in Europe on Monday criticized the election, saying it excluded any real opposition to Mr. […]

Tags: , , , Posted in Europe

Liberian President Takes Oath For Second Term

Posted January 16th, 2012 at 8:30 am (UTC-5)
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Liberian President Ellen Johnson Sirleaf has begun her second term with a pledge to maintain peace and create jobs in her formerly war-torn nation. Mrs. Sirleaf spoke Monday after her inauguration in the capital, Monrovia, attended by U.S. Secretary of State Hillary Clinton and other high-ranking officials, including the leaders of Guinea, Senegal, Sierra Leone […]

Tags: , , , Posted in Africa

Nigeria Labor Unions Suspend Strike Over Fuel Prices

Posted January 16th, 2012 at 8:05 am (UTC-5)
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Nigerian union leaders say they are suspending a nationwide strike over fuel costs, after the president announced a partial rollback of this month’s price increase. The head of the Nigeria Labor Congress, Abdulwahed Omar, told a news conference in Abuja Monday that unions are suspending the strike and the demonstrations that have taken place in […]

Tags: , , , , Posted in Africa, Economy

Nigerians Unions, President Fail to End Strike, But Call off Street Protests

Posted January 15th, 2012 at 9:20 pm (UTC-5)
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Late night talks Sunday between Nigerian President Goodluck Jonathan and union leaders failed to end a week-long nationwide strike against soaring gasoline prices. Union leaders say the strike will continue. But they listened to the president’s appeal to call off the street protests that raged last week. Union officials say President Jonathan told them there […]

Tags: , , , Posted in Africa

Exit Poll: 2 New Parties Win Seats in Kazakhstan Parliament

Posted January 15th, 2012 at 7:50 pm (UTC-5)
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As many as two new political parties could enter Kazakhstan’s parliament, where every seat is currently held by the ruling party. An exit poll taken after Sunday’s parliamentary elections gives the pro-business Ak Zhol party and the Communist People’s Party at least seven percent of the vote each. Under Kazakhstan’s new election law, the second-place […]

Tags: , , , , Posted in Europe

Debris from Doomed Russian Spacecraft Lands in Pacific Ocean

Posted January 15th, 2012 at 3:55 pm (UTC-5)
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Debris from a Russian space probe that was intended to travel to a moon of Mars has apparently fallen into the Pacific Ocean off the southern coast of Chile. Russia’s space agency, Roscosmos, had reported that the unmanned 14-ton Phobos-Grunt would enter the Earth’s atmosphere on Sunday but that the exact time and location were […]

Tags: , , , , Posted in Europe

Pakistan Intelligence: Taliban Leader Believed Killed in US Drone Strike

Posted January 15th, 2012 at 3:30 pm (UTC-5)
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Pakistani intelligence officials say the leader of the Pakistani Taliban, Hakimullah Mehsud, may have been killed in a January 12 U.S. drone strike in the North Waziristan tribal region. The unnamed officials said Sunday they have intercepted wireless radio conversations of the Taliban fighters discussing whether their chief was killed in the attack. Some of […]

Tags: , , , , Posted in South Asia

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