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North Korea Claims South Secretly Offered Series of Summits

Posted June 1st, 2011 at 7:55 am (UTC-5)
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North Korea says it has turned down a secret proposal from its southern neighbor for a series of three summit meetings to be held over the next 10 months. The North’s official Korean Central News Agency reported the offer Wednesday, saying it was made on May 9 at a previously undisclosed meeting in Beijing. It […]

Tags: , , , Posted in East Asia Pacific

European Stocks Lower in Midday Trading

Posted June 1st, 2011 at 7:40 am (UTC-5)
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European stock prices are lower in midday trading Wednesday. London’s Financial Times index is down more than one-quarter of one percent. The CAC-40 in Paris is down nearly one-quarter of one percent, and trading on the DAX index in Frankfurt is down more than one-quarter of one percent. In New York, the S&P futures contract […]

Tags: , , , Posted in Economy

Gates Says Afghan Warnings Reflect “Pain” of War

Posted June 1st, 2011 at 6:50 am (UTC-5)
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U.S. Defense Secretary Robert Gates says warnings about civilian casualties from Afghan President Hamid Karzai reflect the “pain and suffering” the Afghan people have endured after 30 years of war. Gates said Tuesday it is important for both sides to jointly investigate civilian casualties and that Mr. Karzai and the Afghan people recognize the U.S.-led […]

Tags: , , Posted in South Asia

Philippines Protests Chinese Incursion in South China Sea

Posted June 1st, 2011 at 4:55 am (UTC-5)
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The Philippine government says it has conveyed “serious concerns” to the Chinese embassy about reports that Chinese ships unloaded building materials and put up markers on reefs claimed by Manila in the South China Sea. The foreign ministry said Wednesday the Philippine military observed the activity near what is known as the Iroquois or Amy […]

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