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European Leaders Say Worst of Debt Crisis Is Over

Posted December 14th, 2012 at 11:05 am (UTC-5)
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Some European leaders are saying that the worst of the continent’s three-year governmental debt crisis is behind it, even as they remained cautious about its weak economy. The leaders approved creation of a single supervisor for the eurozone’s largest banks and handed Greece more bailout money at their yearend summit in Brussels. French President Francois […]

Tags: , , , , Posted in Economy

Rivals Clash Ahead of Egypt Constitution Vote

Posted December 14th, 2012 at 10:00 am (UTC-5)
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Clashes have broken out in the Egyptian city of Alexandria between supporters and opponents of the country’s new constitution, one day before the highly contentious referendum on the document. Witnesses say fighting between stone-throwing protesters began Friday near a mosque in Alexandria, the country’s second largest city. Several cars were set on fire. There was […]

Tags: , , Posted in Middle East

North Korea Vows More Satellite Launches

Posted December 14th, 2012 at 5:25 am (UTC-5)
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North Korean leader Kim Jong Un is vowing to send more satellites to space, just days after the country’s successful long-range rocket launch provoked international condemnation. The official Korean Central News Agency said that Mr. Kim “stressed the need” to continue the satellite launches “to develop the country’s science, technology, and economy.” The United Nations […]

Tags: , , , , Posted in East Asia Pacific

North Korea Vows Mores Satellite Launches

Posted December 13th, 2012 at 11:10 pm (UTC-5)
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North Korean leader Kim Jong Un is vowing to send more satellites to space, just days after the country’s successful long-range rocket launch provoked international condemnation. The official Korean Central News Agency said Thursday that Mr. Kim “stressed the need” to continue the satellite launches “to develop the country’s science, technology, and economy.” The United […]

Tags: , , , Posted in East Asia Pacific

Rice Withdraws From Consideration For Secretary of State

Posted December 13th, 2012 at 10:30 pm (UTC-5)
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U.S. Ambassador to the United Nations Susan Rice has asked President Barack Obama to withdraw her name from consideration to replace outgoing Hillary Clinton as secretary of state. President Barack Obama issued a statement Thursday saying that he accepts her decision. He said Rice will continue to serve as U.N. envoy and as a key […]

Tags: , , , , Posted in US

No Progress in Obama, Boehner Meeting on Fiscal Cliff

Posted December 13th, 2012 at 7:25 pm (UTC-5)
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The Republican speaker of the House of Representatives, John Boehner, has met again with President Barack Obama at the White House to talk about the looming fiscal cliff, but no progress was reported. The two spoke for about one hour. Officials from both sides called the talks “frank,” but gave no details. All sides must […]

Tags: , , , , Posted in US

New US Sanctions on Iran

Posted December 13th, 2012 at 7:20 pm (UTC-5)
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The United States has imposed sanctions on five Iranian nuclear experts and seven companies for helping Iran move closer towards enriching uranium — essential for building a nuclear bomb. The new sanctions freeze the U.S. assets of those named and forbids any U.S. citizen or body from doing business with the 12. Iran has refused […]

Tags: , , , Posted in Middle East

No Progress in Obama, Boehner Meeting on Fiscal Cliff

Posted December 13th, 2012 at 6:55 pm (UTC-5)
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The Republican speaker of the House of Representatives, John Boehner, has met again with President Barack Obama at the White House to talk about the looming fiscal cliff, but no progress was reported. The two spoke for about one hour. All sides must agree on a package of budget cuts and tax increases by December […]

Tags: , , , , Posted in US

Rice Withdraws From Consideration For Secretary of State

Posted December 13th, 2012 at 6:00 pm (UTC-5)
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U.S. Ambassador to the United Nations Susan Rice has asked President Barack Obama to withdraw her name from consideration to replace outgoing Hillary Clinton as secretary of state. President Barack Obama issued a statement Thursday saying that he accepts her resignation. He said Rice will continue to serve as U.N. envoy and as a key […]

Tags: , , , , , , Posted in US

Rice Withdraws From Consideration For Secretary of State

Posted December 13th, 2012 at 5:40 pm (UTC-5)
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U.S. Ambassador to the United Nations Susan Rice has asked President Barack Obama to withdraw her name from consideration to replace outgoing Hillary Clinton as secretary of state. President Barack Obama issued a statement Thursday saying that he accepts her resignation. He said Rice will continue to serve as U.N. envoy and as a key […]

Tags: , , , , , Posted in US

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