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Euro Finance Chiefs Weighing Greek Debt Relief

Posted June 21st, 2012 at 1:15 pm (UTC-5)
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Eurozone finance chiefs are weighing whether to ease the terms of Greece’s latest bailout. Meeting in Luxembourg, finance ministers from Germany, the Netherlands and Finland are likely to balk at easing austerity measures Athens pledged to adopt earlier this year when it secured a $168-billion international rescue package. It was Greece’s second bailout in two […]

Tags: , , , , Posted in Economy

Aung San Suu Kyi Addresses British Parliament

Posted June 21st, 2012 at 12:00 pm (UTC-5)
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Burmese democracy icon Aung San Suu Kyi made a historic addresses to Britain’s parliament Thursday, following an earlier meeting with Prime Minister David Cameron. The Nobel laureate’s speech at the historic 11th century Westminster Hall came during her first trip to Britain since leaving the country 24 years ago to lead Burma’s pro-democracy movement. Aung […]

Tags: , , , , , , , Posted in East Asia Pacific

Boat Carrying Refugees Capsizes Near Australia’s Christmas Island

Posted June 21st, 2012 at 11:50 am (UTC-5)
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A boat carrying about 200 asylum seekers has capsized off the coast of Australia’s remote Christmas Island, and authorities say it is likely many of them have drowned. Officials from Australia’s Maritime Safety Authority say 110 people have been rescued. Western Australia state police commissioner Karl O’Callaghan said initial reports suggest at least 75 people […]

Violence in Syrian City Blocks Evacuation of Wounded

Posted June 21st, 2012 at 11:45 am (UTC-5)
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Aid teams from the International Committee of the Red Cross and the Syrian Red Crescent said Thursday that violence has forced them to halt attempts to evacuate wounded civilians from the western Syrian city of Homs. The ICRC had announced Wednesday it was ready to move trapped and wounded citizens from Homs. It said opposition […]

Tags: , , Posted in Middle East

Pakistan Moves to Elect New PM

Posted June 20th, 2012 at 5:20 pm (UTC-5)
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Pakistani President Asif Ali Zardari has summoned lawmakers to meet Friday for discussions on electing a new prime minister to replace Yousuf Raza Gilani who was ousted by the Supreme Court. The president’s office made the announcement Wednesday, a day after the Supreme Court declared Mr. Gilani ineligible for office because of a prior conviction. […]

Tags: , , , , Posted in South Asia

Hostages at Toulouse Bank Freed, Suspect Detained

Posted June 20th, 2012 at 11:45 am (UTC-5)
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A gunman who took four hostages inside a bank in Toulouse, France, has been arrested and his captives freed. Police say the suspect was slightly injured in their efforts to free the hostages, but the hostages themselves were unharmed. The police statement came soon after gunshots were reported in the area of the bank. The […]

Tags: , , , , Posted in Europe

Suicide Bomber Attacks NATO Troops in Afghanistan

Posted June 20th, 2012 at 10:45 am (UTC-5)
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A suicide bomber killed at least 21 people, including three coalition soldiers, in an attack on a joint NATO and Afghan patrol in eastern Afghanistan. Provincial police chief General Sardar Mohammad Zazai told VOA the attacker struck a checkpoint where coalition and Afghan forces were using biometric data to screen residents in Khost city. The […]

Tags: , , , Posted in South Asia

Activist Fears Syria Will Become ‘New Somalia’

Posted June 20th, 2012 at 9:55 am (UTC-5)
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Syrian rights activists say violence across the country Wednesday has killed at least 53 people, after the head of a United Nations monitoring mission says his team is committed to staying in the war-torn country. Rami Abdelrahman, the head of the Britain-based Syrian Observatory for Human Rights, told VOA that he fears Syria will become […]

Tags: , , Posted in Middle East

Obama: Europe’s Economic Crisis Entirely Solvable

Posted June 19th, 2012 at 8:45 pm (UTC-5)
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U.S. President Barack Obama says he is confident European leaders can resolve the continent’s economic problems, saying these are not dysfunctional and unproductive countries. Speaking to reporters after the G20 summit in Los Cabos Mexico Tuesday, Mr. Obama says all of Europe’s problems are entirely solvable. He described the economic crisis as a complex combination […]

Tags: , , , , Posted in Economy

EU Set to Ease Greek Bailout Terms

Posted June 19th, 2012 at 8:15 pm (UTC-5)
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The European Union says it is set to ease the strict austerity conditions of Greece’s financial bailout, possibly agreeing to changes in the rescue package in the next few months. With Greece on the verge of forming a new coalition government after Sunday’s parliamentary elections, one EU official anonymously said given the country’s worsening economic […]

Tags: , , , , Posted in Economy

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