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 […]
UN Peacekeeping Chief: Main Battle for Aleppo About to Begin
US: Annan’s resignation Highlights Russia and China’s Failures in Security Council
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 […]
Envoy Kofi Annan Resigns Amid Syria Violence
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 […]
Europe’s Central Bank to Buy Bonds of Debtor Nations
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 […]
US House Approves Extension of All Bush-Era Tax Cuts
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 […]
Typhoon Saola Batters Taiwan, Takes Aim at China
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 […]
US Central Bank Decides Against New Economic Stimulus
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 […]
Investors Await US Central Bank Decisions
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 […]
London Readies For Olympic Games Opening
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 […]
Chinese Politician’s Wife Charged with Murder
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 […]