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IMF: Eurozone Crisis at ‘Critical Stage’

Posted July 18th, 2012 at 11:15 am (UTC-5)
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The International Monetary Fund says the eurozone’s debt crisis has reached a “critical stage,” and that European leaders need to move quickly toward greater financial unity. The IMF’s executive board said Wednesday that the 17-nation currency union needs to adopt a cross-border banking union, guaranteeing deposits and imposing central financial controls. The Washington-based lending agency […]

Tags: , , Posted in Economy

Militants Destroy 22 NATO Trucks in Afghanistan

Posted July 18th, 2012 at 10:50 am (UTC-5)
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The Taliban says it detonated a bomb Wednesday in northern Afghanistan that destroyed at least 22 trucks carrying supplies to NATO forces. The bomb exploded in Samangan province and caused the fuel tankers and supply vehicles to catch fire. Afghan officials say the trucks were parked overnight and were on their way from Uzbekistan to […]

Tags: , , , Posted in South Asia

Roadside Bomb Kills 14 Shi’ites in Pakistan

Posted July 18th, 2012 at 10:15 am (UTC-5)
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Pakistani officials say a roadside bomb has killed at least 14 people in the country’s northwest. Wednesday’s blast struck a minibus carrying Shi’ite Muslims in the Sepa area of Orakzai tribal agency, along the Afghan border. Three women and three children were among those killed. The Pakistani Taliban claimed responsibility for the bombing. The group […]

Tags: , , , , Posted in South Asia

Militants Destroy 22 NATO Trucks in Afghanistan

Posted July 18th, 2012 at 8:10 am (UTC-5)
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The Taliban says it detonated a bomb Wednesday in northern Afghanistan that destroyed at least 22 trucks carrying supplies to NATO forces. The bomb exploded in Samangan province and caused the fuel tankers and supply vehicles to catch fire. Afghan officials say the trucks were parked overnight and were on their way from Uzbekistan to […]

Tags: , Posted in South Asia

Roadside Bomb Kills 14 in NW Pakistan

Posted July 18th, 2012 at 7:45 am (UTC-5)
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Pakistani officials say a roadside bomb has exploded in the country’s northwestern tribal region, killing at least 14 people. Wednesday’s blast struck a minibus in the Orakzai tribal agency along the Afghan border, a known hub for Taliban- and al-Qaida-linked militants. The dead include three women and three children. Also Wednesday, Pakistan security officials said […]

Tags: , , , , Posted in South Asia

Beijing Promises Continued Trade Ties with Africa

Posted July 18th, 2012 at 6:55 am (UTC-5)
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China’s commerce minister is promising a “new era” of trade and economic cooperation with Africa, as Chinese and African leaders gather in Beijing to discuss increased economic ties. The comments by Chen Deming would represent a continuation of an already rapid expansion of Chinese investment across the resource-rich Africa continent in recent years. The commerce […]

Tags: , , Posted in Africa

Annan: Security Council Needs to Unite on Syria

Posted July 17th, 2012 at 6:00 pm (UTC-5)
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United Nations envoy Kofi Annan says he hopes the Security Council will unite in the search for peace in Syria. Mr. Annan met with Russian President Vladimir Putin and Foreign Minister Sergei Lavrov in Moscow Tuesday as the Council faces-off on competing resolutions about Syria. Lavrov said he does not see why the Council cannot […]

Tags: , , , Posted in Middle East

Indian Fisherman: No Warning Before US Attack in Gulf

Posted July 17th, 2012 at 11:40 am (UTC-5)
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An Indian fisherman who was aboard a boat shot at by the U.S. Navy in the Persian Gulf has told officials that his crew did not receive any warning before the attack. One Indian was killed and three others were wounded Monday when the U.S. Navy refueling ship fired on the fishing vessel. U.S. officials […]

Tags: , , , Posted in Middle East

Damascus Clashes Continue as UN Weighs Syria Resolutions

Posted July 17th, 2012 at 10:15 am (UTC-5)
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Syrian activists say clashes between rebels and government forces in the capital, Damascus, have continued for a third day, in what has been the heaviest period of fighting in the city since the revolt against President Bashar al-Assad began. Amateur video posted online Tuesday appeared to show panicked Damascus residents fleeing the fighting earlier this […]

Tags: , , , Posted in Middle East

US, Dutch Investigating Needles in Airline Sandwiches

Posted July 17th, 2012 at 10:05 am (UTC-5)
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American and Dutch authorities are investigating how needles got into five turkey sandwiches served on four flights from Amsterdam to the U.S. Passengers bit into the sandwiches Sunday on Delta Air Lines flights bound for Minneapolis, Atlanta and Seattle. One person was injured but declined treatment. The U.S. Federal Bureau of Investigation said Tuesday it […]

Tags: , , , Posted in Economy

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