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Sri Lanka remembers 40,000 who perished in 2004 tsunami
Sri Lanka held remembrance ceremonies in various parts of the island nation to mark the fourth anniversary of the devastating tsunami on Boxing Day, 2004, that claimed over 40,000 lives and displaced more than half a million people..    An island-wide two-minute silence was observed Friday morning as friends and relatives of those...

Sri Lanka remembers 40,000 who perished in 2004 tsunami

China sends two giant pandas to Taiwan
 Two giant pandas given by China to Taiwan arrived in Taipei on Tuesday amid huge public interest in the latest sign of improving ties between the two political rivals. The pandas, named Tuan Tuan and Yuan Yuan, arrived on board a chartered EVA Air jet, following a three-hour flight from a panda reserve in China's Sichuan...

China sends two giant pandas to Taiwan

Suicide attack kills more than 20 in eastern Afghanistan
Kabul (dpa) - A suicide car bomber targeted a foreign military convoy Thursday in the eastern Afghan province of Nangarhar, killing more than 20 civilians and one US soldier, officials said. The death toll in the blast - which came a day after a tanker truck bombing in southern Afghanistan killed six people - had risen throughout...

Suicide attack kills more than 20 in eastern Afghanistan

Thousands arrive in Congo refugee camps as battle rages
 Around 30,000 people fleeing battles between United Nations-backed Congolese troops and Tutsi rebels are pouring into refugee camps near the eastern city of Goma, the UN refugee agency UNHCR said Wednesday as fierce fighting continued. UN helicopter gunships and armoured vehicles have been supporting Congolese troops north of Goma,...

Thousands arrive in Congo refugee camps as battle rages

Death Toll From Bomb Blast In Northeast India: 17
A bomb blast has killed at least 14 people and injured at least 20 others outside a police training centre located in the capital of India's northeastern Manipur state.According to local police, the bomb, which detonated in Imphal yesterday, was hidden in a parked motorcycle. They also said the death toll may rise. The authorities...

Death Toll From Bomb Blast In Northeast India: 17

Bolivian government, opposition agree to referendum on constitution
The government and opposition agreed to hold a nationwide referendum Sunday on the new draft constitution proposed by the president, after he agreed to term limits, a senior official said. Rural Development Minister Carlos Romero said on Monday the agreement moves up the next general election by one year, to January 2009, which...

Bolivian government, opposition agree to referendum on constitution

Sweden and Denmark move to protect deposits
Sweden and Denmark on Monday joined the growing group of European countries that have raised state guarantees for bank deposits amid the ongoing financial turmoil. In Finland, the cabinet committee on economic policy met Monday to discuss the events, saying Helsinki hoped the moves "will prove efficient in resolving the existing...

Sweden and Denmark move to protect deposits

Tsvangirai looks at the situation at banks in
Zimbabwe's prime minister-designate Morgan Tsvangirai on Friday made a surprise visit to banks in the capital Harare that were the scene of long queues resulting from cash shortages. Some of those queuing temporarily forgot about the miseries as they cheered the Movement for Democratic Change (MDC) leader. Others said they had been in...

Tsvangirai looks at the situation at banks in

At least three dead, two missing as typhoon hits south China
 At least three people died, two were missing and tens of thousands were evacuated Wednesday as Typhoon Hagupit brought gales and torrential rain to much of southern China. The typhoon destroyed 7,915 houses and affected some five million people in Guangdong province, where all the casualties were reported, the official Xinhua news...

At least three dead, two missing as typhoon hits south China

Lehman collapse rattles Europe at bad timeBy Tony Czuczka
Lehman Brothers' collapse rattled European markets just as the continent struggles to avoid recession and the US-spawned credit crisis shows no sign of ending. While investors awaited the 158-year-old US investment bank's bankruptcy Monday, Germany's main stock index hit a nearly two-year low. The European Central Bank and the Bank of...

Lehman collapse rattles Europe at bad timeBy Tony Czuczka

South Korea says Kim in charge despite illness
North Korea's leader Kim Yong Il suffered a stroke but was recovering and still in charge of the country, a South Korean lawmaker said Wednesday, citing information from the country's intelligence service. "There is no power vacuum in Pyongyang," opposition lawmaker Won Hye Young told journalists in Seoul after parliament...

South Korea says Kim in charge despite illness

Call for freedom overtakes land row in Kashmir
Simmering anger with the Indian government and its security forces over a land row in the Kashmir Valley has sparked a larger movement that has seen thousands of Kashmiri Muslims take to the streets to demand "azadi," or freedom, in non-violent protests over the past two weeks. Protestor Shakeel Ahmed, a university student,...

Call for freedom overtakes land row in Kashmir

Five killed by militants in India-administered Kashmir
Five people, including an army officer, were killed Wednesday in India's Jammu and Kashmir state by suspected Islamic militants who had infiltrated across the border from Pakistan, police said. Security forces had killed one of the militants who were holed up in a house in a residential area on the outskirts of Jammu city, the...

Five killed by militants in India-administered Kashmir

Two suicide bombers killed in Iraq, US military says
Baghdad (dpa) - Two suicide bombers were among three terrorists killed Wednesday in a clash with US forces northeast of the Iraqi capital Baghdad, the US military said. One of the bombers was shot dead and the other detonated his explosives as the troops approached, killing himself but causing no other casualties, the military...

Two suicide bombers killed in Iraq, US military says

US official says there may be changes in text for NSG waiver
The United States anticipates some changes in the text it has submitted for the consideration of the Nuclear Suppliers Group (NSG) for a waiver allowing trade in fissile materials with India, an Indian television channel reported Friday. "There may be changes in the text. But we will not allow any changes that will impede the...

US official says there may be changes in text for NSG waiver

Russia's delays troop pullout of Georgia to weekend
Russia's army on Wednesday continued its occupation of two enclaves in Georgia as Kremlin officials claimed they would accelerate what they said was an already in-progress withdrawal. President Dmitry Medvedev promised his French counterpart Nicolas Sarkozy that all but a 500-strong contingent of peace keepers would leave Georgian...

Russia's delays troop pullout of Georgia to weekend

At Li's mobile bike shed, they think the Olympics are good
In a little street, next to Beijing's Workers' Stadium that hosts Olympic football matches, rests a corrugated iron shed on wheels bearing the Chinese signs for "bicycle" amd "repairs". It's where Li Guobao earns his living - and also where people from the neighbourhood come together to chat, one of countless such...

At Li's mobile bike shed, they think the Olympics are good

Demo supports coup as Mauritania junta pledges elections
Wednesday's military coup in the north-western African nation of Mauritania divided opinions Thursday, with demonstrations staged both for and against ousted president Sidi Ould Cheikh Abdallahi. The bigger rally supported the coup, with thousands of people calling on the new ruling military junta to "save" the country's...

Demo supports coup as Mauritania junta pledges elections

Welsh Newlyweds’ Case May Be Linked To Another Murder
An Antigua police chief said today that the shooting of the Welsh couple may be related to another killing that took place less than two months ago.The newlyweds, Catherine and Benjamin Mullany, both from south Wales, were shot at the Cocos hotel on Sunday morning. Scotland Yard, the headquarters of the Metropolitan Police Service,...

Welsh Newlyweds’ Case May Be Linked To Another Murder

Having Karadzic Caught, Serbs Focus On Mladic
Having war crimes suspect Radovan Karadzic finally detained, Serbia is being urged to catch its fugitive wartime military chief Ratko Mladic, also sought for genocide. According to AFP, U.S. Secretary of State Condoleezza Rice said in Singapore during an Asian tour that the Serbs were progressing and “making a step forward in...

Having Karadzic Caught, Serbs Focus On Mladic

China Concerned Over The Indictment Of Sudanese President
China expressed its concern on Tuesday regarding the accusations made by the  International Criminal Court related to Sudan’s President Omar Hassan al-Bashir over state-backed acts of genocide in the country’s beleaguered region of Darfur. However, there was no clue that it would take measures in order to postpone the progression of...

China Concerned Over The Indictment Of Sudanese President

Hospitals across Nepal shut down as doctors expand strike
Hospitals across Nepal shut down Thursday after doctors expanded their strike to cover the entire nation to protest against assaults and threats against them. The Nepal Medical Association, a doctors' umbrella organization, said hundreds of hospitals as well as thousands of private clinics and nursing homes had heeded its calls to...

Hospitals across Nepal shut down as doctors expand strike

At least 15 killed, 22 injured in Iraq violence
At least 15 people were killed Sunday, including two children, and 22 injured, one of them a Kurdish politician, in separate attacks in Iraq, security sources said. In north-east Baghdad, a car bomb rocked the Shiite Shaab district, killing six people and injuring 14, police said. The explosion, in front of the mortuary of the...

At least 15 killed, 22 injured in Iraq violence

Pakistani Forces Attack Islamic Insurgents
Pakistani paramilitary troops threatened the city of Peshawar and a close tribal area known as the Khyber Agency. The operation started Friday, when hundreds of troops, soldiers and police crowded the capital of North-West Frontier Province. A day later, 400 supplementary paramilitary troops came in Bara, the most important city...

Pakistani Forces Attack Islamic Insurgents

Al-Qaida Claims Responsibility for Danish Embassy Attack
A suicide car bomb outside the Danish embassy in the Pakistani capital Islamabad killed eight people and wounded many others on Monday and al-Qaida claimed responsibility and threatened more attacks.A statement of al-Qaida, which was posted on a Web site frequently used by Islamic militants, said Monday’s attack was carried out in order...

Al-Qaida Claims Responsibility for Danish Embassy Attack

Today is Wednesday, May 14
, the 135th day of 2008 with 231 to follow.The moon is waxing. The morning stars are Venus, Neptune, Uranus and Jupiter. The evening stars are Mars, Mercury and Saturn.Those born on this date are under the sign of Taurus. They include English portrait painter Thomas Gainsborough in 1727; Scottish reformer Robert Owen in 1771; opera...

Today is Wednesday, May 14

Vladimir Putin and Russia’s Missiles Parade
Two major events are happening this week in Russia. First, the president Vladimir Putin is stepping down on Wednesday, May 7, after eight years of presidency and he will be replaced by Dmitry Medvedev. And second, the Victory Day parade in Moscow takes place on Friday, May 9. Intercontinental missiles and tanks are prepared to...

Vladimir Putin and Russia’s Missiles Parade

U.N. and World Bank to Set up a Task Force to Tackle Food Crisis
 The United Nations agency chiefs and the World Bank's representatives decided on Tuesday to set up a task force to tackle the rise in global food prices which is threatening poor countries, which are the world's most vulnerable areas. The United Nations said in a statement the crisis has evolved into “an unprecedented challenge of...

U.N. and World Bank to Set up a Task Force to Tackle Food Crisis

Today is Tuesday, April 29
the 120th day of 2008 with 246 to follow.The moon is waning. The morning stars are Venus, Jupiter, Uranus and Neptune. The evening stars are Mercury, Mars and Saturn.Those born on this date are under the sign of Taurus. They include publisher William Randolph Hearst in 1863; bandleader and composer Edward Kennedy "Duke"...

Today is Tuesday, April 29

The Olympic Torch Heading Towards China
After in London police battled to keep pro-Tibet demonstrators away from the Olympic flame and more that 20 men had been arrested, and in Paris the final leg of the 27-kilometre tour from the capital had to be cancelled because of the protests, Chinese authorities are also expecting to see protests during the Tibetan stage of the...

The Olympic Torch Heading Towards China

The Tibet Issue, Cultural Autonomy Needed
In order to preserve Tibetan culture, the only thing that China has to do is to apply existing laws on cultural autonomy. Formally, China’s constitution guarantees minorities the freedom of thought, expression, assembly and religion. All 55 of China’s minoriy groups should have the same rights. Even though more than 150...

The Tibet Issue, Cultural Autonomy Needed

The Flame of Protests Blocked by the Police
The symbolical flame of pro-Tibet protests that condemned China’s human-rights record, was blocked by the French police, as it boycotted the Olympic flame. Police officers claimed the demonstrators turned the Paris leg of the Olympic torch relay into a public disaster, as the organizers were forced to snuff out the flame...

The Flame of Protests Blocked by the Police

Putin and Bush at NATO Summit
No fewer than 60 leaders from NATO states, partners and aspirant members together with Afghan President Hamid Karzai and U.N. Secretary-General Ban Ki-moon will gather for a three-day meeting in the Romanian capital Bucharest. The summit is starting Wednesday and might decide whether it would mark a decline or a turning point in the...

Putin and Bush at NATO Summit

Two Blasts in Baghdad Caused Numerous Human Casualties
Baghdad witnessed Friday the worst bomb attack in months. Two bombs exploded in two pet bazaars in the center of the Iraqi capital, killing approximately 50 people, reports say. One bomb exploded in Ghazil pet market and the other one a few minutes later, in New Baghdad pet market. This is the most serious explosion since August 1,...

Two Blasts in Baghdad Caused Numerous Human Casualties

Children Die in Somalia Violence
According to witnesses and journalists in Mogadishu, neighborhoods in the Somali capital were deserted on Sunday, a day after 17 civilians were brutally killed in the wake of intense fighting between Ethiopian-backed Somali troops and Islamic insurgents. Witnesses in Mogadishu's al-Baraka neighborhood said the dead included women...

Children Die in Somalia Violence

16 People Connected With Assassination Plot Of Voreqe Arrested
According to Fiji police officials, more than 16 people were arrested over an alleged plot to assassinate Commodore Voreqe Bainimarama, the military chief who became prime minister after leading last year's coup. Police Commissioner, Esala Teleni, said at a news conference in the capital Suva, that three of those arrested were...

16 People Connected With Assassination Plot Of Voreqe Arrested

Turkish Soldiers Killed in Kurdish Rebel Attack
According to local media, at least nine Turkish soldiers were killed in fighting with Kurdish militants after midnight on Sunday, and more soldiers were reported missing forcing Turkey’s prime minister to call an emergency security summit The deaths dramatically increase the pressure on the government to launch a military offensive...

Turkish Soldiers Killed in Kurdish Rebel Attack

Oil Reaches Peak Price
Although only a fraction of global oil supply could be immediately threatened by a Turkish incursion into northern Iraq, the result of any conflict might escalate and disrupt the flow from the Middle East. The effect of the dispute was magnified in oil markets as it came against a backdrop of tightening supply, said Paul...

Oil Reaches Peak Price

Saturday, Sept. 15,
the 258th day of 2007 with 107 to follow. The moon is waxing. The morning stars are Saturn, Mars and Venus. The evening stars are Neptune, Mercury, Jupiter and Uranus. Those born on this date in history are under the sign of Virgo. They include novelist James Fenimore Cooper in 1789; William Howard Taft, 27th president of the United...

Saturday, Sept. 15,

14 People Dead In US Air Strike against Baghdad
At least 14 people were killed and more than nine were wounded when US strike forces raided the west of the Iraqi capital, Baghdad.  The attack took place over night; several houses were destroyed in the attack, which took place at about 03:00 (23:00 GMT) in the Washash neighborhood of the city's Mansour district. The...

14 People Dead In US Air Strike against Baghdad

Horse-flu in Australia?
Equine influenza viral disease? Apparently recent searches have come upon an outbreak that might endanger the lives of countless horses in Australia’s capital, Sydney. Specialists are on the lookout for specific symptoms that could lead to the discovery of potentially infected animals. More than eighty such horses, local and...

Horse-flu in Australia?

Human Rights Watch Denounces War Crimes in Somalia
A report released by the US-based group Human Rights Watch holds responsible Ethiopian, Somali, and insurgent forces for severe violations of the laws of war that have resulted in heavy civilian casualties. The 113-page report called "Shell-Shocked: Civilians under siege in Mogadishu" refers to the fights...

Human Rights Watch Denounces War Crimes in Somalia

Alleged Terrorist Attack Caused Derailment of a Russian Train
A terrorist attack is the presumed cause of the derailment of a train that was travelling from Moscow to St. Petersburg that caused the injury of 60 people. The incident took place on Monday, at 9:38 p.m. (local hour) at the 179th kilometer from Moscow of the Oktyabrskaya Railway near Malaya Vishera, according to Viktor Beltsov, the...

Alleged Terrorist Attack Caused Derailment of a Russian Train

Iraqi Prime Minister Seeks Government Unity
Though accused by a political rival of tacit protection of Iran-tied militia, Prime Minister Nouri al-Maliki expressed his optimism on his government reconciliation on Sunday. In the same time US military reported an attack that took place on Saturday, causing the death of five soldiers and the injury of other four troops. The...

Iraqi Prime Minister Seeks Government Unity

A paddle through Australia's Outback
American tourist Gertrude Zint, 90 this year, is unimpressed with the scenic splendour of Kakadu and the other national parks that stud Australia's far north. "Gorges - they are quarries filled with water. Gorges, gorges, gorges!" she rants. "You drive for hours in a coach and see a gorge - sand and water. I've seen it...

A paddle through Australia's Outback

Today is Thursday, June 14
The 165th day of 2007 with 200 to follow. Today is Flag Day in the United States. The moon is waning. The morning stars are Mars, Neptune and Uranus. The evening stars are Jupiter, Mercury, Venus and Saturn. Those born on this date are under the sign of Gemini. They include Harriet Beecher Stowe, author of "Uncle Tom's...

Today is Thursday, June 14
 

Villarreal next to try their luck against Barcelona
Three weeks ago, Sevilla tried to bring Barcelona down to earth - and were hammered 3-0 at home. Two weeks ago, Valencia tried to do the same - and crashed 4-0 in the Camp Nou. Last Saturday came the turn of Real Madrid - who lost 2-0 in the Catalan capital. All of which has prompted the following question in Spain: is there any...

Villarreal next to try their luck against Barcelona

Germany honours goalkeeper legend Trautmann
German football authorities Wednesday honoured goalkeeper legend Bernd Trautmann for his services to football at a ceremony ahead of an international between Germany and England. Trautmann, 85, was awarded the German Football Federation pin with diamond - its highest award for a person outside the federation - for his "unique...

Germany honours goalkeeper legend Trautmann

AC Milan, Juventus and Roma hope for better times
 It's hard to tell who is worst off from the prominent trio of AC Milan, Juventus and Roma in the early part of the Serie A season. Neutral observers note that after six games the league is "thrilling and crazy," but fans of the three powerhouses are already rather frustrated and fear a season of suffering and dismal...

AC Milan, Juventus and Roma hope for better times

AC Milan, Juventus and Roma hope for
It's hard to tell who is worst off from the prominent trio of AC Milan, Juventus and Roma in the early part of the Serie A season. Neutral observers note that after six games the league is "thrilling and crazy," but fans of the three powerhouses are already rather frustrated and fear a season of suffering and dismal...

AC Milan, Juventus and Roma hope for

Germany picks venues for women's 2011 World Cup
Germany announced nine venues for the 2011 women's World Cup at a ceremony in Berlin on Tuesday. The capital Berlin, Frankfurt, Dresden, Moenchengladbach, Augsburg, Sinsheim, Bochum, Wolfsburg and Leverkusen will be the host cities. The 16-team tournament will open in Berlin on June 26, with the final to take place in Frankfurt on...

Germany picks venues for women's 2011 World Cup

Mafia attempts to control Serie A side Palermo unveiled
Investigators in Palermo have arrested two people who appear to be linked to the Mafia and may have tried to infiltrate the local Serie A side, repubblica.it reported Thursday. Giovanni Pecoraro, a footballers' agent and former manager of Palermo's youth team, and Marcello Trapani, also a players' agent and a lawyer allegedly...

Mafia attempts to control Serie A side Palermo unveiled

Injury-plagued Italy looking to convince against Georgia
There seems to be no end to the bad news for coach Marcello Lippi, who has four players missing as the world champions Wednesday welcome Georgia for a second World Cup qualifier. Midfielder Gennaro Gattuso hurt his wrist as he fell near the bench during a training game at the weekend, and joins an injured list already including...

Injury-plagued Italy looking to convince against Georgia

Roma buy Menez from Monaco
Striker Jeremy Menez is due to join Roma from French-league side Monaco on Thursday, Italian media reported. The 21-year-old Frenchman landed late Wednesday in Rome. Roma are said to have paid 12 million euros (17.7 million dollars) for the player, who should replace Brazilian Mancini in their attack package. Mancini, 28, a...

Roma buy Menez from Monaco

Browns Sign Thomas and Wright
The Cleveland Browns agreed to terms with offensive lineman Joe Thomas and defensive back Eric Wright making sure that the two will have them in their squad when they open training camp Friday. Thomas, the No. 3 overall pick, signed for six years whit the possibility of being shortened to five years. Financial terms weren’t instantly...

Browns Sign Thomas and Wright
 

Australian lawyer serves notice through Facebook
An Australian lawyer used the social networking website Facebook to track down a defaulting couple when all other conventional methods to find them failed, news reports said Tuesday. A judge of the Australian Capital Territory Supreme Court allowed lawyer Mark McCormack to use Facebook to serve legal documents to a couple who...

Australian lawyer serves notice through Facebook

UN Secretary General begins visit to Nepal
United Nations Secretary General Ban Ki-moon arrived in the Nepalese capital Kathmandu Friday evening for a two-day visit. During his stay in Nepal, Ban is scheduled to meet Nepalese President Ram Baran Yadav, Prime Minister Pushpa Kamal Dahal, Foreign Minister Upendra Yadav and other politicians. Talks with Nepalese leaders...

UN Secretary General begins visit to Nepal

Australia helps keep non-bank lenders afloat
Australia on Friday came to the aid of second-tier banks and non-bank lenders by offering to buy residential- mortgage-backed securities worth 4 billion Australian dollars (3.3 billion US dollars). The mortgage market has been in the doldrums because of the global credit crisis, sparking fears that non-bank lenders will go...

Australia helps keep non-bank lenders afloat

NATO forces mistakenly kill Afghan district governor, bodyguards
An Afghan district governor along with his two bodyguards were killed mistakenly by NATO-led Australian troops in southern Afghanistan while five police officers and three Taliban militants were killed in a clash and a roadside bombing, officials said Thursday. Rozi Khan Barekzai, governor of the Chora district in Uruzgan province,...

NATO forces mistakenly kill Afghan district governor, bodyguards

Australia to provide food assistance for children in Indonesia
Australia announced Wednesday it will provide 50 billion rupiah (5.36 million dollars) to help improve food security and reduce malnutrition among children in eastern Indonesia, the United Nations World Food Programme (WFP) said. The contribution was announced by Australian Ambassador to Indonesia, Bill Farmer, while visiting a clinic...

Australia to provide food assistance for children in Indonesia

Australian Animal Activists Ask to Stop Kangaroo Killing
Representatives of an animal protective group demanded the Australian military to stop the killing of 400 kangaroos in the capital Canberra. Wildlife Protection Association of Australia president, Pat O'Brien, said Tuesday he and other protesters planned to intervene if the killing continued. The Defense Department says 400 eastern...

Australian Animal Activists Ask to Stop Kangaroo Killing

New Zealand Bids Farewell to Everest Conqueror Sir Edmund Hillary
The people of New Zealand and the mountain Sherpas of Nepal joined Tuesday in Auckland at the state funeral of Everest conqueror Sir Edmund Hillary, to honour a man loved and revered in both countries. "He was a colossus. He was our hero," said New Zealand Prime Minister Helen Clark. "His extraordinary life has been...

New Zealand Bids Farewell to Everest Conqueror Sir Edmund Hillary

Powerful Cyclone Causes Extensive Damage on Fiji Island
Cyclone Daman destroyed two villages on the small Fiji island of Cikobia early Saturday, according to a Radio New Zealand report from the capital, Suva. The first cyclone of the 2007/08 season in the South Pacific, rated category four, which can have wind gusts up to 279 kilometres an hour, Daman passed directly over the island...

Powerful Cyclone Causes Extensive Damage on Fiji Island
 

Clintons to drop ball on New Year's Eve at Times Square
Former US President Bill Clinton and his wife, Senator Hillary Clinton, have been given the honour to push the button to drop the crystal ball ushering in the New Year at Times Square, news reports said Tuesday. The traditional New Year's Eve celebrations at the landmark square will take place Thursday night under a forecast of very...

Clintons to drop ball on New Year's Eve at Times Square

UN envoy missing in Niger
 A UN special enjoy to Niger has gone missing while driving outside the capital, Niamey, UN Secretary General Ban Ki-moon said. Canadian Robert Fowler, a Canadian colleague and their driver went missing Sunday, the United Nations said Monday. Their empty car was found with its motor still running. A UN spokesman said Monday...

UN envoy missing in Niger

Anatomy of a financial disasterBy Anne Walters
The crisis in world financial markets has its roots in declining home values in the US real-estate market which began in late 2006 and led to a wave of foreclosures and defaults on home loans. The loans, many to borrowers with poor credit, were bundled into assets that began to weigh heavily on banks' balance sheets around the...

Anatomy of a financial disasterBy Anne Walters

NATO chief says Ukraine "will become a member"
 NATO Secretary General Jaap de Hoop Scheffer restated the military alliance's desire to see Ukraine join its ranks at a high-level conference being held in the Estonian capital, Tallinn, on Thursday. In his opening speech, de Hoop Scheffer said the talks were taking place at a special moment in NATO-Ukraine relations. "Let me...

NATO chief says Ukraine "will become a member"

Ford reports massive losses of 3 billion dollars; cuts 2,600 jobs
Ford Motor Co on Friday reported a third- quarter operating loss of 2.98 billion dollars and said it would cut jobs and spending to preserve its perilous cash reserves. One of the US' "Big Three" automakers, Ford said it used up 7.7 billion dollars in cash as revenues plunged. The losses reported by Ford, the...

Ford reports massive losses of 3 billion dollars; cuts 2,600 jobs

Obama's Jakarta ties raise expectations in South-East Asia
 US president-elect Barack Obama's childhood years in Indonesia may provide him with a unique personal link to South-East Asia, but it remains to be seen how deep the old school ties go, analysts warn. Obama, the first African-American to be elected president, can also claim to be the first US president to have spent almost four...

Obama's Jakarta ties raise expectations in South-East Asia

After 21-month campaign, it's election day in the United States
 Election day finally arrived Tuesday for the record throngs of US voters planning to cast their presidential ballots for either Democrat Barack Obama or Republican John McCain. Obama held a significant lead in opinion polls as state officials braced for an unprecedented turnout and massive lines at polling places in an election...

After 21-month campaign, it's election day in the United States

US chopper down, 3 US-led soldiers killed in Afghan attacks
US military spokesmen confirmed that Taliban rebels shot down a US helicopter in central Afghanistan Monday, while three US-led soldiers died in suicide and roadside attacks elsewhere in the country, officials said. The helicopter crew engaged with Taliban fighters on the ground in Wardak province, about 50 kilometres west of Kabul...

US chopper down, 3 US-led soldiers killed in Afghan attacks

France to inject 14 billion dollars into six top banks
France will inject 10.5 billion euros (14 billion dollars) into the country's six biggest banks in an effort to provide capital for business and consumer lending, Finance Minister Christine Lagarde announced late Monday. The government is to subscribe to subordinated debt issued by the six banks but will not gain voting rights. In...

France to inject 14 billion dollars into six top banks

Citigroup reports continued losses in third quarter
 Citigroup extended its financial losses for a fourth quarter, registering a loss of 2.8 billion dollars for the period between July and September. The bank attributed part of its loss to nearly 10 billion dollars in writedowns from loans gone bad and securities that have lost value. "While our third quarter results reflect...

Citigroup reports continued losses in third quarter

JPMorgan Chase Q3 earnings plunge 84 per cent, but remain in black
US banking giant JPMorgan Chase reported Wednesday net income of 527 million dollars in the third quarter of 2008, plunging 84 per cent year-on-year. But the results were better than analysts' predictions, remaining in the black despite the severe financial industry and subprime mortgage crisis sweeping the US banking sector. The...

JPMorgan Chase Q3 earnings plunge 84 per cent, but remain in black

Bush: 250-billion-dollar infusion joins global move
US President George W Bush Tuesday said the US government's infusion of 250 billion dollars into the American banking sector was part of a systematic global strategy to calm markets and ensure "growth and prosperity." The announcement followed coordinated moves by key European governments since the weekend to inject...

Bush: 250-billion-dollar infusion joins global move

Hurricane Norbert Approaches Mexico
The National Hurricane Center announced on Wednesday that Hurricane Norbert, the latest hurricane in this season in the Atlantic, approaches Baja in New Mexico, California. Its winds reach 115 miles per hour and the NHC has developed a five-day period during which Norbert was analyzed.Now, the hurricane is located in the Pacific Ocean at...

Hurricane Norbert Approaches Mexico

US defence chief insists no Kosovo break-up
US Defence Secretary Robert Gates on Monday rejected a break-up of Kosovo after Serbia renewed its threat to seek secession of the former province's minority Serbs. Gates was the first US cabinet member to visit Kosovo since it declared independence from Serbia in February. He met Kosovo's leaders and was visiting US troops...

US defence chief insists no Kosovo break-up

Citigroup to buy banking business of fourth-largest Wachovia
US banking giant Citigroup Inc will buy the bulk of the operations of fourth-largest bank Wachovia Corp, the latest consolidation move under government watch in the ongoing credit crisis. Citigroup will buy the banking business of Wachovia and get government help in absorbing some of the losses related to the subprime-mortgage market,...

Citigroup to buy banking business of fourth-largest Wachovia

Conversion of Morgan, Goldman signals era's end
The decision by Morgan Stanley and Goldman Sachs - the last two major US investment banks still on their feet - to become bank holding companies signals the end of high-wire finance on Wall Street. After a year of turmoil in the financial industry that climaxed last week with bankruptcies and government takeovers, the two companies...

Conversion of Morgan, Goldman signals era's end

US launches major rescue package for financial sector
The United States on Friday unveiled part of a massive, comprehensive federal plan to help resolve the ongoing US financial crisis and prevent a rush of new bank failures in the coming weeks. The US Treasury announced a 50-billion-dollar guarantee programme for the money-market mutual fund industry, the first in a series of moves that...

US launches major rescue package for financial sector

US stocks open sharply lower despite AIG rescue
US stocks fell sharply on Wall Street's opening bell Wednesday after the Federal Reserve agreed to make an 85-billion- dollar emergency loan to struggling insurance giant American International Group Inc (AIG). The Dow Jones Industrial Average fell more than 200 points, some 2 per cent, within minutes of trading. The broader Standard...

US stocks open sharply lower despite AIG rescue

Obama's grandmother under 24-hour guard after Kenya break-in
Kenyan police have set up a 24-hour guard outside the home of US presidential candidate Barack Obama's grandmother after thieves targeted her home, reports said Friday. Obama's grandmother Sarah, 86, said burglars broke in through her kitchen door in the western Kenyan village of Kogelo and attempted to steal a solar panel from her...

Obama's grandmother under 24-hour guard after Kenya break-in

Gulf Coast Drama Goes On; Ike Smashes Everything in Its Way
On Monday, Hurricane Ike entered the northeastern Cuba and it could take over Havana on Tuesday morning, heading for the U.S. Gulf Coast during the coming week. Nearly 73 people in Haiti were killed by the heavy rains and the floods brought by Ike, leaving every place looking like hell it