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UN Peacekeeping Chief: Main Battle for Aleppo About to Begin

Posted August 2nd, 2012 at 6:10 pm (UTC-5)
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United Nations peacekeeping chief Herve Ladsous says the main battle for the Syrian city of Aleppo is about to begin. Ladsous told reporters after a Security Council meeting Thursday that observers on the ground say the violence there is getting worse. Syrian forces have been pounding the country’s largest city with tanks and helicopters for […]

Tags: , , , Posted in Middle East

US: Annan’s resignation Highlights Russia and China’s Failures in Security Council

Posted August 2nd, 2012 at 4:50 pm (UTC-5)
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The United States says Kofi Annan’s resignation as UN envoy to Syria highlights the failure by Russia and China to back meaningful resolutions in the Security Council. Spokesman Jay Carney says the Russian and Chinese vetoes of three anti-Assad drafts are highly regrettable and put both nations on the wrong side of history. Mr. Annan […]

Tags: , , , Posted in Middle East

Envoy Kofi Annan Resigns Amid Syria Violence

Posted August 2nd, 2012 at 2:50 pm (UTC-5)
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Kofi Annan says he is quitting his role as the U.N. and Arab League envoy to Syria, as violence from the country’s 17-month-long uprising continues to spiral out of control. Mr. Annan said Thursday that the increasing militarization on the ground and a lack of unity in the U.N. Security Council had changed the circumstances […]

Tags: , , , Posted in Middle East

Europe’s Central Bank to Buy Bonds of Debtor Nations

Posted August 2nd, 2012 at 10:05 am (UTC-5)
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The European Central Bank says it is ready to buy the government bonds of the continent’s debt-ridden countries, a move that could ease the rising borrowing costs of financially troubled Spain and Italy. Bank President Mario Draghi did not disclose the size of the bond purchases, but said Thursday it would be sizeable enough for […]

Tags: , , Posted in Economy

US House Approves Extension of All Bush-Era Tax Cuts

Posted August 2nd, 2012 at 6:20 am (UTC-5)
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The Republican-controlled U.S. House of Representatives has approved legislation that will maintain tax cuts for all Americans regardless of income, setting up an election-year standoff with President Barack Obama and Senate Democrats. The measure approved Wednesday by a vote of 256-to-171 would extend the breaks passed during tenure of former President George W. Bush. The […]

Tags: , , , Posted in US

Typhoon Saola Batters Taiwan, Takes Aim at China

Posted August 2nd, 2012 at 4:40 am (UTC-5)
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Typhoon Saola is moving slowly across Taiwan, dumping torrential rains, triggering landslides, and forcing nearly the entire island to shut down. Government officials warned residents to stay in their homes Thursday because of the powerful storm, which has already been blamed for four deaths in Taiwan. Dozens of flights have been cancelled and major financial […]

Tags: , , Posted in East Asia Pacific

US Central Bank Decides Against New Economic Stimulus

Posted August 1st, 2012 at 3:05 pm (UTC-5)
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The U.S. Central Bank says the American economy slowed in the first half of the year, but has decided against any immediate policy changes. After a two-day meeting, Federal Reserve policy makers said they will “closely monitor” the country’s economic performance in the coming weeks and will adopt new stimulus measures if they conclude they […]

Tags: , , , , Posted in Economy

Investors Await US Central Bank Decisions

Posted August 1st, 2012 at 12:55 pm (UTC-5)
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Investors worldwide are watching U.S. central bank policy makers Wednesday to see whether they take new action to try to boost the sluggish American economy. Officials at the Federal Reserve were set to give their assessment of the world’s largest economy after poring over economic trends at a two-day meeting. But economists surveyed by financial […]

Tags: , , , , Posted in Economy

London Readies For Olympic Games Opening

Posted July 26th, 2012 at 6:45 pm (UTC-5)
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London is preparing to welcome some 10,000 athletes, hundreds of thousands of visitors and a worldwide television audience when the Olympic Games formally open Friday. Organizers have dealt with a series of last-minute problems, including scrambling to ensure enough security personnel after a private contractor reported problems putting together a large enough force. There was […]

Tags: , , , Posted in Europe

Chinese Politician’s Wife Charged with Murder

Posted July 26th, 2012 at 5:40 pm (UTC-5)
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Chinese prosecutors on Thursday charged the wife of former senior Communist Party official Bo Xilai and a family aide with the murder of British businessman Neil Heywood. China’s official news media say Bo Gu Kailai and Zhang Xiaojun were charged with intentional homicide in the eastern city of Hefei. The trial date has not been […]

Tags: , , , , Posted in East Asia Pacific

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