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Europe Banking Officials Discuss Debt Crisis

Posted August 7th, 2011 at 1:15 pm (UTC-5)
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Officials from the European Central Bank are engaged in urgent telephone negotiations over the debt crisis facing both Europe and the United States. They are discussing the possibility of purchasing Italian government bonds in order to shore up that country’s economy and protect the value of the euro, Europe’s common currency. There is also concern […]

Tags: , , Posted in Europe

Philippines President, Muslim Rebel Chief Hold Talks

Posted August 5th, 2011 at 4:00 am (UTC-5)
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Philippine officials say President Benigno Aquino met secretly in Japan late Thursday with the head of the Philippines’ largest Muslim rebel group and agreed to speed up peace talks. A press release from the Philippine government Friday said Mr. Aquino met with Moro Islamic Liberation Front chairman Murad Ebrahim for nearly two hours in a […]

Obama Signs Debt Bill; US Avoids Default

Posted August 2nd, 2011 at 8:10 pm (UTC-5)
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The United States can now meet its financial obligations without the threat of default after President Barack Obama signed a compromise debt ceiling bill Tuesday. But the battle in Congress on just how much and where to cut government spending as part of that compromise could soon flare up again. The deal that the House […]

Tags: , , , , Posted in Economy

US Urges Greater Pakistani Role in Afghan Peace Process

Posted August 2nd, 2011 at 4:45 pm (UTC-5)
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The United States has urged Pakistan to play a greater role in reconciliation efforts in neighboring Afghanistan, as foreign troops have begun the process of withdrawing from there after nearly 10 years of war. That call came during a fourth round of high-level talks in Islamabad attended by diplomats from Pakistan, Afghanistan and the United […]

Tags: , , Posted in South Asia

Obama Signs Debt Bill; US Avoids Default

Posted August 2nd, 2011 at 2:40 pm (UTC-5)
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U.S. President Barack Obama has signed a compromise law that will cut spending and raise the nation’s borrowing limit, to avoid a possible unprecedented U.S. government default. Mr. Obama signed the measure Tuesday, just after the the U.S. Senate voted 74 to 26 in favor of the bill and 10 hours before the government said […]

Tags: , , , , Posted in Economy

US Senate Passes Debt Bill, Averts Crisis

Posted August 2nd, 2011 at 1:35 pm (UTC-5)
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The U.S. Senate voted Tuesday to settle the political battle over the country’s growing debt, passing a bill that will cut spending and raise the nation’s borrowing limit. Senators voted 74 to 26 in favor of the compromise measure, sending it to President Barack Obama less than 12 hours before the government ran out of […]

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US Senate Passes Debt Bill

Posted August 2nd, 2011 at 12:35 pm (UTC-5)
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The U.S. Senate voted Tuesday to settle the political battle over the country’s growing debt, passing a bill that will cut spending and raise the nation’s borrowing limit. Senators approved the compromise measure, worked out by Republican leaders and President Barack Obama, less than 12 hours before the government ran out of money. President Barack […]

Tags: , , , , Posted in Americas, Economy, US

US Debt Battle Down to Final Vote

Posted August 2nd, 2011 at 9:50 am (UTC-5)
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The U.S. Senate is to vote Tuesday on a bill to cut spending and raise the nation’s debt limit, just 12 hours before the Treasury Department says it would run out of money without more borrowing. The compromise legislation passed its biggest test late Monday when the Republican-led House of Representatives approved it by a […]

Tags: , , , , Posted in Economy, US

Senate to Vote on US Debt Ceiling Bill Tuesday

Posted August 2nd, 2011 at 3:55 am (UTC-5)
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The U.S. Senate will vote Tuesday on a compromise bill to cut government spending and raise the nation’s borrowing limit, bringing a likely end to weeks of fear over a potential American debt default. The Senate is expected to vote on the deal at noon local time, just 12 hours before the government says it […]

Tags: , , Posted in Americas, Economy, US

US Scholars Say Pyongyang Negotiators See Need For Dialogue

Posted August 2nd, 2011 at 2:55 am (UTC-5)
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A group of American scholars say they are hopeful about the prospects for continued dialogue with Pyongyang after talks with a visiting North Korean delegation in New York. The scholars met Monday with the delegation, which held two days of talks with senior U.S. officials last week. They said afterward their meeting had been frank […]

Tags: , , Posted in East Asia Pacific

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