Showing Archived Posts

Greece Reaches Accord on Austerity Demands from Its Lenders

Posted February 9th, 2012 at 10:00 am (UTC-5)
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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 […]

Tags: , , , , Posted in Economy, Europe

China Downplays Rumors Surrounding Top Politician

Posted February 9th, 2012 at 5:15 am (UTC-5)
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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 […]

Tags: , , , , Posted in East Asia Pacific

China Downplays Rumors Surrounding Top Politician

Posted February 9th, 2012 at 4:45 am (UTC-5)
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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 […]

Tags: , , Posted in East Asia Pacific

Ahead of Key Visit, China Vows to Continue Currency Reforms

Posted February 9th, 2012 at 3:10 am (UTC-5)
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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 […]

Tags: , , , Posted in East Asia Pacific

Greek Party Leaders Move Closer to Deal on More Spending Cuts

Posted February 9th, 2012 at 2:15 am (UTC-5)
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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 […]

Tags: , , Posted in Europe

China Inflation Rebounds to 4.5% in January

Posted February 9th, 2012 at 1:45 am (UTC-5)
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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 […]

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

Britain’s Prince Harry Finishes Top in Class of Combat Helicopter Pilots

Posted February 9th, 2012 at 12:45 am (UTC-5)
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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 […]

Tags: , , , Posted in Europe

Pakistan, NATO Hold Border Talks Following Deadly Attack

Posted February 8th, 2012 at 8:20 pm (UTC-5)
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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. […]

Tags: , , , Posted in South Asia

Rare Martian Meteorite Unveiled

Posted February 8th, 2012 at 7:40 pm (UTC-5)
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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. […]

Tags: , , Posted in Europe

US: Chinese Politician Visited US Consulate in Chengdu

Posted February 8th, 2012 at 6:30 pm (UTC-5)
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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. […]

Tags: , , , , Posted in East Asia Pacific

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