Showing Archived Posts

Organizers Vow ‘Unique’ Opening for World University Games in Shenzhen

Posted August 11th, 2011 at 2:00 am (UTC-5)
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Organizers of the 26th World University Games say they are taking a new approach for Friday’s opening ceremonies. Officials in China’s southern industrial hub of Shenzhen are under pressure to come up with something to match the spectacular opening of the 2008 Olympics in Beijing. But Jiang Haoyang, the chief director of the Shenzhen ceremonies, […]

OPEC Cuts Oil Demand Forecast Through 2012

Posted August 9th, 2011 at 2:20 pm (UTC-5)
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The oil-producing cartel OPEC is cutting its forecast for the amount of oil the world is likely to consume through next year. The Organization of the Petroleum Exporting Countries said Tuesday that as the global economic recovery loses momentum, countries around the world will use less oil. OPEC said economic “dark clouds” are already affecting […]

Tags: , , Posted in Economy

World Bank Freezes Loans to Cambodia Over Lakeside Development

Posted August 9th, 2011 at 3:50 am (UTC-5)
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The World Bank said Tuesday it will not issue any new loans to Cambodia before the government resolves a dispute with citizens displaced by a lakeside development in Phnom Penh. Country director Annette Dixon confirmed to reporters that the lending institution has not made any loans to the country since December and will not do […]

China Slams US on Credit Downgrade, Most Countries Cautious

Posted August 6th, 2011 at 11:55 am (UTC-5)
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Countries around the world trying to assess the impact of the U.S. credit downgrade on the global economy are starting to speak out. China issued a stern warning to the United States Saturday, criticizing the country’s “debt addiction” and saying Washington needs to understand it can no longer borrow its way out of economic problems. […]

Tags: , , , , , Posted in US

EU, US, UN Condemn Syria’s Assault on Hama

Posted July 31st, 2011 at 7:20 pm (UTC-5)
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U.S. President Barack Obama says he is “appalled” by Syria’s use of violence against its own people, after rights activists say an army attack on the central city of Hama killed at least 80 people. The White House statement issued Sunday said the “horrifying” reports out of Hama are demonstrating the “true character” of Syrian […]

Tags: , , , , Posted in Middle East

EU, US, UN Condemn Syria’s Assault on Hama

Posted July 31st, 2011 at 4:20 pm (UTC-5)
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U.S. President Barack Obama says he is “appalled” by Syria’s use of violence against its own people, after rights activists say an army attack on the central city of Hama killed at least 80 people. The White House statement issued Sunday said the “horrifying” reports out of Hama are demonstrating the “true character” of Syrian […]

Tags: , , , , Posted in Middle East

US President, UN Chief Condemn Syria’s Assault on Hama

Posted July 31st, 2011 at 2:50 pm (UTC-5)
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U.S. President Barack Obama says he is “appalled” by Syria’s use of violence against its own people, after rights activists said an army attack on the central city of Hama killed at least 80 people. The White House released a statement Sunday that the “horrifying” reports out of Hama are demonstrating the “true character” of […]

Tags: , , , , Posted in Middle East

US President, UN Chief Condemn Syria’s Assault on Hama

Posted July 31st, 2011 at 2:00 pm (UTC-5)
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U.S. President Barack Obama says he is “appalled” by Syria’s use of violence against its own people, after rights activists said an army attack on the central city of Hama killed at least 80 people. The White House released a statement Sunday that the “horrifying” reports out of Hama are demonstrating the “true character” of […]

Tags: , , Posted in Middle East

Qualifying Draw Held for 2014 World Cup

Posted July 30th, 2011 at 5:35 pm (UTC-5)
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World football champion Spain has been drawn in the same qualifying group as 2006 runner-up France for the 2014 finals in Brazil. Football’s world governing body FIFA held the preliminary qualifying draw for the next World Cup Saturday in Rio de Janeiro. Spain was the last name drawn in the European qualifying group during the […]

Tags: , Posted in Europe

World Markets Await US Debt Deal

Posted July 25th, 2011 at 10:30 am (UTC-5)
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Stock prices in the United States, Asia, and Europe declined in Monday’s trading, as investors waited to find out whether President Barack Obama and U.S. congressional leaders would reach agreement on raising the federal debt limit. The benchmark U.S. index was down half a percent, London’s FTSE fell three-tenths of a percent, while Japan’s NIKKEI […]

Tags: , , , , , Posted in Americas, Economy, US

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