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EU calls for 'banking union' to ease crisis
The European Union's executive office said the 17-country Eurozone needs a "banking union" that can centrally oversee and — if needed — bail out the sector, which has become a weak link in the continent's financial system. Fears that the cost...Tags: Politics, Career and Workplace, Public Finance, Financial Markets, European Union
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Nepal forms caretaker government pending new elections
KATMANDU, Nepal — Nepal announced the formation of a caretaker government Tuesday and settled into a tense calm after a weekend constitutional crisis led the prime minister to call elections, some four years and several shaky governments after the...
Tags: Crisis, Politics, Minority Groups, Nepal, Unrest, Conflicts and War
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At Canadian Embassy, global warming protester nears starvation
WASHINGTON -- On a patch of pavement outside the Canadian Embassy, Jay McGinley is trying to starve himself to death. After drinking nothing but water for more than 30 days, he appears close to achieving his goal. When he stands up, his dark blue sweater...
Tags: Strikes, Politics, Business Enterprises, Companies and Corporations, Career and Workplace
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China says 'no' to another massive stimulus plan
BEIJING – China moved to temper expectations of another massive stimulus plan amid reports the country was green-lighting more infrastructure projects to stabilize its slowing economy. “The Chinese government’s intention is very clear,...
Tags: Beijing (China), Politics, Money and Monetary Policy, News Agency, Finance
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Kofi Annan says Syria is at 'tipping point' after Houla massacre
World NowOn the heels of a meeting with Syrian President Bashar Assad, United Nations special envoy Kofi Annan warned that the crisis was "at a tipping point" after the gruesome massacre of more than 100 people last week in the town of Houla, now said to be... -
Syrian diplomats being expelled across Europe, elsewhere
World NowGovernments in Europe and elsewhere announced that they were expelling top Syrian diplomats in a coordinated response to last week's deaths of more than 100 people in a Syrian town.... -
Dow average has a rare up day on China hopes
The stock market is desperately looking for good news. On Tuesday, oil prices fell, the euro sank to a 22-month low, and the yield on the U.S. government's 10-year Treasury note fell near a historic low after a report suggested that Spain will have...
Tags: Stock Activities, Politics, Research in Motion Ltd., Quarterly or Semiannual Financial Statements, China
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Euro strengthens; European stocks erase gains
The euro strengthened Monday, rebounding from a four-day losing streak, as polls showed Greece's pro-bailout parties have gained ground. European stocks erased gains, Spanish bonds declined and yields on German two-year notes fell to a record low.
The...Tags: Politics, Russia, Mariano Rajoy, Foreign Exchange Market, Germany
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China may allow more private investment in state-owned companies
BEIJING — Faced with declining profits and a slowing economy, China said it was drafting plans to boost private investment for industries long dominated by the state.
Investors could be allowed to enter government-controlled sectors such as...Tags: Energy Resources, Beijing (China), Politics, Natural Resources, Finance
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Case of abducted Lebanese Shiites in Syria shrouded in uncertainty
World NowBEIRUT — Uncertainty still surrounds the fate of 11 Shiite Muslim pilgrims from Lebanon abducted in northern Syria almost a week ago. Late last week, Lebanese officials announced that the group had been released, had arrived safely in Turkey and... -
Commission confirms results of Egyptian presidential vote
World NowEgypt’s election commission brushed aside fraud allegations Monday and confirmed that a Muslim Brotherhood candidate and a former prime minister will compete in a run-off election next month for the nation’s first freely elected president.... -
Israeli police convicted of leaving Palestinian to die
World NowTwo Israeli police officers were convicted Monday of negligent homicide for removing a suspected Palestinian car thief from a prison hospital and leaving him on an abandoned road, where he died of dehydration....
May 30, 2012
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May 30, 2012
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May 30, 2012
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May 28, 2012
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May 28, 2012
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May 28, 2012
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