Greek lawmakers say they have reached an accord on austerity measures demanded by international lenders so the country can secure another bailout and avoid defaulting next month on its financial obligations. After an all-night negotiating session that ended early Thursday, Greek political leaders remained deadlocked on the extent of pension cuts for retirees, while agreeing […]
Greece Reaches Accord on Austerity Demands from Its Lenders
China Downplays Rumors Surrounding Top Politician
China on Thursday dismissed an incident involving a high-profile politician who visited a U.S. consulate following a possible political scandal. U.S. officials on Wednesday confirmed that Wang Lijun, the deputy mayor and former police chief of Chongqing, visited a U.S. consulate earlier this week in the city of Chengdu. But they did not indicate what […]
China Downplays Rumors Surrounding Top Politician
China on Thursday brushed aside potential embarrassment over an incident involving a high-profile politician who is rumored to have sought asylum at a U.S. consulate following a possible political scandal. U.S. officials on Wednesday confirmed that Wang Lijun, the deputy mayor and former police chief of Chongqing, visited a U.S. consulate earlier this week in […]
Ahead of Key Visit, China Vows to Continue Currency Reforms
A senior Chinese official said Thursday that Beijing will continue recent policies that have allowed the value of its currency, the yuan, to gradually rise. But Vice Foreign Minister Cui Tiankai dismissed accusations that his government was pushing up the value of the yuan in order to improve the atmosphere ahead of next week’s visit […]
Greek Party Leaders Move Closer to Deal on More Spending Cuts
Talks between Greek political leaders on whether to accept the EU demand for more spending cuts broke up early Thursday with only one outstanding issue remaining. The heads of the three political parties that make up the coalition government must agree on the spending cuts before the European Union and International Monetary Fund grants another […]
China Inflation Rebounds to 4.5% in January
China’s inflation rate unexpectedly accelerated in January, as consumer spending increased during the Lunar New Year holiday. The National Bureau of Statistics said Thursday that consumer prices rose by 4.5 percent from a year earlier. That was well ahead of market expectations of 4 percent. Before January, inflation had eased for five straight months after […]
Britain’s Prince Harry Finishes Top in Class of Combat Helicopter Pilots
Britain’s Prince Harry has qualified to fly Apache attack helicopters in combat, finishing training as the best co-pilot gunner in his group. British Defense Ministry officials said Wednesday, Prince Harry, who is known in the military as Captain Wales, was recognized as the top co-pilot gunner by members of his training group. Prince Harry, the […]
Pakistan, NATO Hold Border Talks Following Deadly Attack
Representatives of the Pakistani army, NATO and Afghan forces have met for talks in an effort to improve coordination along the Pakistan-Afghanistan border. The meeting Wednesday in Pakistan’s border town of Torkham is a sign of easing of tensions between the United States and Pakistan after NATO airstrikes accidentally killed 24 Pakistani soldiers last year. […]
Rare Martian Meteorite Unveiled
Scientists in London are giving the public a glimpse of what they call a very rare sight — a Martian meteorite. The rock was discovered in Morocco last year. Tests show it likely came from the planet Mars and took more than one-million years to plunge to Earth. Most meteorites burn up in the atmosphere. […]
US: Chinese Politician Visited US Consulate in Chengdu
The United States has confirmed that a high-ranking politician from southwestern China, reported to be on vacation, has visited a U.S. consulate this week. A spokeswoman for the State Department, Victoria Nuland, told reporters Wednesday that Deputy Mayor of Chongqing Wang Lijun had a scheduled meeting at the U.S. consulate in the city of Chengdu. […]