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Egyptian President Hosny Mubarak received Monday a cluster of European Union (EU) envoys, as diplomatic efforts got underway towards forging a ceasefire deal for the Gaza Strip.
The EU group, meeting Mubarak in the resort of Sharm el-Sheikh, included French Foreign Minister Bernard Kouchner, EU Foreign Commissioner Benita...
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French President Nicolas Sarkozy arrived in the Egyptian resort of Sharm el-Sheikh Monday for talks with his Egyptian counterpart Hosny Mubarak, as part of a two-day tour to the region in the face of continuing violence in the Gaza Strip.
Talks between the two presidents were to include ways to restore peace in the Strip and mediate...
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As the dust began to settle Friday on the biggest shake-up in South African politics since the end of apartheid politicians, analysts and ordinary citizens were mostly in agreement on two things.
The first was that there was not, and never had been a crisis. The second was that the ruling ANC really had the country's interest at...
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African National Congress (ANC) deputy leader Kgalema Motlanthe was sworn in as South Africa's caretaker president Thursday after being elected in a landslide vote in the National Assembly in Cape Town.
Motlanthe easily defeated Joe Seremane, candidate of the official opposition Democratic Alliance, 269 votes to 50 votes out of 360...
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The top decision-making body of South Africa's ruling African National Congress (ANC) party began a three- day meeting Friday that will decide the fate of President Thabo Mbeki.
Mbeki's neck has been on the ANC's chopping block since a court last week found evidence of political interference in the decision to prosecute ANC leader...
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Zimbabwean President Robert Mugabe and opposition leader Morgan Tsvangirai were due to resume talks Tuesday on a powersharing deal after the difficult negotiations were adjourned for a second time Monday without any sign of agreement.
The talks were due to resume after Defence Forces' Day celebrations in Harare that Mugabe was...
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Construction on Durban's King Senzangakhona
Stadium, which will host a 2010 World Cup semi-final, is running ahead
of schedule, the city planner for Durban's World Cup projects has said.
'We are eight weeks ahead of schedule, the stadium is
65-per-cent complete,' said Julie-May Ellingson, who is also
responsible for the building...
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 The talks between the two rival sides
continue in Kenya,
despite the fact that the most important peace mediator Cyril Ramaphosa
withdrew from the discussions. Kenya Red Cross announced Tuesday that the death
toll reached more than 1,000 since the elections of December 27, CNN.com
reports.
More than 350,000 people...
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 Tensions bubbled to the surface in the Kenyan parliament Tuesday as the
house reopened for the first time since disputed presidential polls set
off a political stalemate and ignited violence around the country that
has killed nearly 600.
The opening session continued into evening as members voted in a
speaker and were set to be...
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 Kenya's parliament is set to open Tuesday for the first time since
flawed presidential elections last month touched off a wave of violence
in the usually peaceful country that has killed at least 575 people,
according to the Kenyan Red Cross Society.
The opposition Orange Democratic Movement (ODM) is set to take its
seats...
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 Olusegun Obasanjo, the President of Nigeria will hand over the
power to Umaru Yar'Adua on Tuesday, but before that he made a last prediction
regarding the future of Nigeria
from the top seat.
After he rose the price of fuel sparking the anger of
Nigerians, Obasanjo thought it would be a right thing to express his opinion
towards...
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The suddenly slumping Boston Celtics have lost their way and some of their swagger.
China's Yao Ming scored 26 points, Von Wafer drilled the go-ahead three-pointer with 44 seconds left and the Houston Rockets sent the the Celtics to their third straight loss, with an 89-85 victory on Wednesday night.
The stumbling Rockets (22-15)...
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Buoyed by strong first-quarter sales to Latin America, Monsanto, the world's largest provider of agriculture and biotechnology products, on Wednesday boosted its profit projections for the ongoing fiscal year.
The company reported that in the first quarter, ending November 30, of the 2008/2009 fiscal year, net sales rose 29 per cent...
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Stocks in Tokyo surged in Monday morning trading on speculation that US automakers would receive a government bail-out and on the rise of the dollar against the yen.
The developments outweighed the biggest drop in business confidence among Japan's largest manufacturers in 34 years because analysts said the drop was expected and...
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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...
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At the 2009 Confederations Cup, the United States will be anxious to test their progress on the international stage along the way to the 2010 World Cup.
Getting to the world's showpiece event shouldn't be a problem - the US are champions of their region and figure to make their sixth consecutive finals appearance in South Africa - but...
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Superman made an unexpected late appearance in Boston to rescue the reigning NBA Champions.
Paul Pierce poured in 22 of his 36 points in the final quarter, rallying the Celtics to a 94-87 victory over the visiting Toronto Raptors on Monday night.
"I like to play within the flow of the offence," said Pierce, who was icing...
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Former South African president Nelson Mandela said Wednesday Barack Obama's election to the White House was a triumph for hope.
In a letter of congratulation to the president-elect, Mandela, 90, said: "Your victory has demonstrated that no person anywhere in the world should not dare to dream of wanting to change the world for a...
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The US economy contracted by 0.3 per cent in the third quarter of 2008, the sharpest decline in seven years amid a global financial crisis that has blocked credit access and severely depressed consumer spending, the US government said Thursday.
The initial estimate by the Bureau of Economic Analysis puts the US on track for a...
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The US economy contracted by 0.3 per cent in the third quarter of 2008, the sharpest decline in seven years amid a global financial crisis that has blocked credit access and severely depressed consumer spending, the US government said Thursday.
The initial estimate by the Bureau of Economic Analysis suggests the world's largest...
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US consumer confidence plummeted to a new low in October and housing prices plunged by the most on record this year as a financial meltdown appeared more and more likely to plunge the world's largest economy into recession.
The slew of depressing economic news will likely prompt the US Federal Reserve to further cut interest rates at...
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US presidential hopefuls Barack Obama and John McCain campaigned across Pennsylvania on Tuesday and continued battling for the public's confidence to nurse a sagging US economy back to health.
McCain vowed he would "fool the pundits" and capture Pennsylvania in next week's general election, as polls showed the Republican...
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The world is witnessing a nuclear power renaissance at a time when demands for fossil fuel-based energy and its prices have increased, the International Atomic Energy Agency (IAEA) said Monday.
But the expected increase in civilian nuclear power plants is accompanied by the risk of mounting nuclear material being converted into...
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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...
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The US financial crisis has gone global, putting the world on the brink of a recession that can only be resolved through international cooperation, International Monetary Fund Managing Director Dominique Strauss-Kahn said Thursday.
In a press conference at IMF headquarters in Washington, Strauss- Kahn warned that a lack of confidence...
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US President George W Bush called on Congress to pass "bold" legislation Monday to help pull the United States out of a massive financial crisis that would otherwise threaten the entire US economy.
The House of Representatives is expected to vote later Monday after lawmakers worked out the details of the 700-billion-dollar...
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It is a dramatic race against time - while Washington fights a battle over a mammoth rescue plan for the financial sector, the credit crisis is bringing down one US bank after another.
The latest victim was the country's once-leading savings bank, Washington Mutual Inc (WaMu). Federal regulators late Thursday shut down the...
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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...
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Barack Obama stormed into the backstretch of his historic race for the White House on Thursday, painting a sweeping vision of his confidence in America's promise and reinforcing it with details of how he would restore America's image overseas and the economy at home.
Obama, 47, the first African-American major-party presidential...
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 Clark Rockefeller, who was accused of kidnapping his 7-year-old daughter, was charged with felony custodial kidnapping, assault and battery, and assault and battery with a dangerous weapon, after he was detained Saturday in Baltimore.The girl, Reigh Boss, was found inside his apartment. According to Noreen Gleason, FBI's assistant...
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 The first US nuclear-powered aircraft carrier stationed in Japan after a fire onboard hurt dozens of sailors. The US Navy booted the captain after the alarm was raised in Japan. The USS George Washington was scheduled to arrive in Yokosuka in September.Still, public protests were made against the nuclear carrier, as the naval hub near...
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 New York City will start offering services in six foreign languages most commonly spoken in the city besides English. These idioms are Spanish, Chinese, Russian, Korean, Italian and French Creole. The new program is designed to broadly enlarge the town’s translation and interpretation services.An executive order signed Tuesday by Mayor...
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 Democratic Governor Ted
Strickland has empowered the dean of the Ohio State University law school to fill up the
state’s attorney general seat. Nancy Hardin Rogers was appointed to replace the
former Democratic Marc Dann, who resigned earlier this month due to a
harassment scandal.
Dann was dragged into the scandal
due to an...
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The state’s highest court suspended a Baltimore County Judge
Tuesday for making uncivil and profane comments from the bench. According to
the Court of Appeals, District Judge Bruce S. Lamdin violated the state’s
judicial code of conduct. It accepted a judicial commission’s recommendation
that the judge be suspended for 30 days...
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 West Virginia
University’s Faculty
Senate made it very clear that President Mike Garrison had to step down. The
senate reckons that this is the best thing to do for the school’s reputation.
The motion demands that Garrison resign, or that the
university's Board of Governors requires his resignation. This is very unlikely
to...
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US President George W Bush met with Russian President
Vladimir Putin in the Russian Black Sea resort of Sochi,
where they have signed a framework agreement. It was the first time when the
two leaders with different opinions and perspectives decided to sit at the same
table and talk.
“We agreed today that the United States and...
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 The U.S.
military shipped by mistake four electrical fuses for Minuteman nuclear missile
to Taiwan
in 2006, the Pentagon recognized on Tuesday.
Helicopter batteries war supposed to be shipped to Taiwan, but instead,
the military sent the fuses. Even if the shipment did not contain nuclear
materials, the error might disturb...
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 The U.S. navy fired a missile which hit the errant spy
satellite that was orbiting 130 miles above the Earth’s surface.
It was the first mission of this kind for the U.S. navy, but
the satellite was struck on the first attempt.
A network of radars and satellites especially designed for
the US missile defense system...
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 Christian conservative Mike Huckabee boosted his up-and-coming
presidential bid Friday by naming Ronald Reagan's former campaign chief
to head his 2008 bid for the White House.
Ed Rollins, a veteran political strategist, boasts decades of
campaign and fund-raising experience as well as his link to Reagan, the
late 1980s president...
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 The Central Intelligence Agency revealed Friday that in 2005 it
destroyed video tapes of officers subjecting two al- Qaeda terrorist
suspects to harsh interrogation techniques.
CIA chief Michael Hayden told President George W Bush about the
destruction of the tapes Thursday and the White House was assisting the
spy agency in an...
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 US President George W Bush was set to kick off the first Middle East
peace conference in seven years Tuesday by cautioning that it marked
only the beginning of efforts to end the Israeli-Palestinian conflict
and that difficult challenges lie ahead.
The parley is aimed at relaunching peace talks between the sides,
and an Israeli...
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 During the commemoration of fallen soldiers, United States President George W Bush reminded the importance of anti-terrorist fighting, a battle that claims more lives each day. On the last Monday of May the United States celebrates Memorial Day, Americans honoring US soldiers who have died in military service to their country....
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 US Vice President Dick Cheney met Wednesday with Iraqi Prime Minister Nuri al-Maliki and expressed his concern about the sluggish manner in which the country’s problems are resolved. "I did make it clear that we believe it's very important to move on the issues before us in a timely fashion and that any undue delay would be...
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Two straight defeats and the failure to secure first place in their Champions League qualification group have not dented the confidence of Inter Milan coach Jose Mourinho.
"The true bad luck will be also for the first team of another group, who will have to tackle a team like Inter (in the tournament's knockout stage),"...
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Bernd Schuster has reportedly been told by Real Madrid to win in Valladolid on Saturday or start packing his bags.
Madrid sports dailies AS and Marca said on Wednesday that Real have lost confidence in their controversial German coach after a shock cup elimination against third division side Union Irun the previous night.
Real beat...
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Arsenal will be hoping to shake off their inconsistent start to the English Premier League season this weekend and regain top spot.
With joint leaders Chelsea and Liverpool, and third-placed Aston Villa all not in action until Sunday, Arsenal have the chance to move back to the top, for 24 hours at least.
To do that, they will have...
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Premier League clubs Tottenham and Everton face tough fights to keep their UEFA Cup hopes alive while former European champions Borussia Dortmund are in a perilous position in second leg matches of the first round on Thursday.
Of England's five-team contingent looking for a place in the 40-team group stage, Everton face the most...
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Bayern Munich coach Juergen Klinsmann prepares for Tuesday's Champions League clash against Olympique Lyon with the pressure already mounting on the former German national team boss.
The German champions have made their worst start to a Bundesliga season in 31 years, winning just two of their opening six games as Klinsmann's side...
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Saturday will be a red-letter day for Espanyol.
That is when they will hoping to remain on top of the Spanish Liga, by beating Getafe at home.
Espanyol are the only team to have won their first two league matches, thanks to two goals from Spain striker Luis Garcia.
"We just have to take this thing one step at a time,"...
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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...
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Some of Europe's biggest teams will be seeking to secure passage into the lucrative group stage of the Champions League in the return legs of the third qualifying round on Tuesday and Wednesday.
Spanish and Italian giants Barcelona and Juventus look well placed to advance after comfortable 4-0 wins at home two weeks ago.
Barcelona,...
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The president of football's governing body, Joseph Blatter, said Thursday that he hoped that the Olympic football tournament would be integrated into the international match calendar.
Blatter's call follows problems involving several European clubs, who were reluctant to release their players for the tournament and were told by the...
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FIFA president Joseph Blatter said Thursday he will travel to South Africa in September to meet with President Thabo Mbeki and discuss ongoing preparations for the 2010 World Cup.
Blatter told a news conference in Beijing that he would be in South Africa September 15-18, during which time he would have "several meetings" in...
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Schalke's new signing Jefferson Farfan will be sidelined for four weeks after injuring his shoulder in Wednesday's Champions League qualifying encounter with Atletico Madrid, the club said Thursday.
The Peru striker, 10-million-euro (15 million dollars) signing from PSV Eindhoven, dislocated his shoulder in the 70th minute of the 1-0...
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 Despite rumors that said otherwise, quarterback Rex Grossman is likely to remain at the Chicago Bears for one more year, since the NFL team announced that it is willing to offer the player a one- year contract.According to The Chicago Tribune on Saturday, a source, whose identity remained withheld, declared that the new deal came only...
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Canadian liberal opposition leader Stephane Dione said late Monday he is ready to resign as soon as a successor is found, as his party accused him of having failed to successfully counter the ruling Conservative Party.
Dion failed to prevent Prime Minister Stephen Harper from forcing Canada's parliament into a seven-week recess to...
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 Bolivians will hold a vote of confidence in the rule of
their President Evo Morales, BBC News reports. Leftist Morales, who has more
than two years to run as leader, agreed to hold the referendum after the
opposition-run upper house of parliament backed it.
Citizens of Bolivia
will vote within 90 days on whether Morales, his...
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Top seed Elena Dementieva accomplished what around 20 protestors could not as she sent Israeli Shahar Peer out in the quarter-finals of the ASB Classic on Thursday.
Peer, who underwent Israeli military training which took time away from her tennis in recent season, had been the target of protests against her country's current...
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Arab stock markets plummeted across the board this week under the pressure of declining oil prices and investors' gloomy outlook over annual results of listed firms, financial analysts said Friday.
"Falling oil prices are riding roughshod over regional stocks and helping to aggravate the lack of confidence that gripped Arab...
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Thais must be resilient going into what could be a very rough 2009, Prime Minister Abhisit Vejjajiva said Friday.
Workers should not engage in disruptive protests against their employers which "unwittingly exacerbate economic woes by undermining business confidence," he said after a meeting with Democrat Party chief...
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A Chinese naval fleet set sail from the southern port of Sanya on Friday afternoon bound for Somalia, where it will join international anti-piracy operations, the government and state media said.
The two destroyers and a supply ship will arrive in the Gulf of Aden off Somalia in about 10 days to begin an initial three-month...
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The sanctions by the United Nations Security Council against Iran over its controversial nuclear programmes have boosted the country's self-confidence, Iranian President Mahmoud Ahmadinejad said Tuesday.
"The sanctions by our enemies are illegal and out of animosity against Iran and their approach eventually led to distrust...
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Interpol Chief Ronald Noble on Tuesday said the Indian government has not asked the global police organization to help investigate the November terrorist attacks in Mumbai.
"To date no information has been shared, we are hopeful it will happen very quickly," Noble said in Islamabad, where he met with Pakistani security...
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India's benchmark Sensex index surged by over 350 points on Thursday buoyed by investor confidence after the country's inflation rate touched a nine-month low of 6.84 per cent.
The 30-share sensitive Sensex index of the Bombay Stock Exchange rose 361.14 points, or 3.72 per cent, to close at 10,076.43.
There was brisk buying...
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Newly named Thai Prime Minister Abhist Vejjajiva on Wednesday moved fast to restore confidence in troubled Thailand, promising to prevent future airport closures only minutes after being endorsed as premier.
Thai King Bhumibol Adulyadej, 81, on Wednesday evening endorsed the election of former opposition leader Abhisit as the...
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Indian information technology major Satyam Computer Services dropped plans to buy assets of its promoter companies after investors gave a thumbs down, a company statement said Wednesday.
Satyam's plans to acquire majority stake in Maytas Properties for 1.3 billion dollars and Maytas Infra for 300 million dollars affected investor...
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A Vietnam Airlines co-pilot was arrested Wednesday in Tokyo on suspicion of fencing stolen Japanese goods in Vietnam, an airline official said.
Dang Xuan Hop, 33, was arrested by Japanese police after his flight from Hanoi landed at Tokyo's Narita International Airport. Police accuse him of being part of a ring that smuggled items...
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Business confidence among Japan's largest manufacturers fell the most in 34 years, the Bank of Japan's quarterly Tankan survey revealed Monday.
An index that measures confidence among the largest makers of cars and electronics dropped to minus 24 from minus three, according to the survey. The decrease of 21 points is the largest since...
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On May 28, a currency analyst at Morgan Stanley released a report that hit Vietnam's financial community like a smack in the face.
With Vietnam's inflation and trade deficit soaring, the analyst wrote, its currency was under threat. Twelve-month futures on the Vietnam dong had "gapped" to 23,000 to the dollar, a 50 per cent...
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Thailand's Parliament on Monday selected opposition Democrat Party leader Abhisit Vejjajiva as the next prime minister, giving the 44-year-old Oxford-educated politician a slim majority to form the next government. An extraordinary session of the lower house gave Abhisit a thin victory by a 235-198 vote over his rival, police General...
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Thailand's Parliament on Monday selected Democrat Party leader Abhisit Vejjajiva as the next prime minister, giving the 44-year-old Oxford-educated politician a slim majority to form the next government.
An extraordinary session of the lower house gave Abhisit a thin victory by a 235-198 vote over his rival, police General Pracha...
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Business confidence among Japan's largest manufacturers fell the most in 34 years, the Bank of Japan's quarterly Tankan survey revealed Monday.
An index that measures confidence among the largest makers of cars and electronics dropped to minus 24 from minus three, according to the survey.
A negative reading indicates a...
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Stocks in Tokyo surged Monday on speculation that US automakers would receive a government bail-out and the rise of the dollar against the yen.
The developments outweighed the biggest drop in business confidence among Japan's largest manufacturers in 34 years because analysts said the drop was expected and the market had already...
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Hong Kong shares surged by more than 5 per cent Wednesday as confidence in stimulus and bailout packages announced in China and the US pushed prices up.
The blue-chip Hang Seng Index climbed 824.5 points or 5.6 per cent to 15,577.7 points. Turnover was a healthy 61.9 billion Hong Kong dollars (about 8 billion US...
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Malaysian Prime Minister Abdullah Ahmad Badawi on Wednesday proposed a much-anticipated anti-corruption bill and another bill to restore integrity to the country's judiciary.
The Malaysian Anti-Corruption Commission bill, aimed to take effect in January, was aimed at stamping out corruption in the public and private...
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Anti-corruption investigators have successfully prosecuted 50 chairmen and top managers for scams totalling 3 billion Hong Kong dollars (385 million US dollars) over the last five years, a media report said Tuesday.
The Independent Commission Against Corruption said 18 cases involving 2.5 billion Hong Kong dollars concerned fraud...
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The Democrat party secured the backing of four smaller parties Tuesday to form Thailand's next coalition government, but it remained unclear whether it was sufficient to guarantee their lead.
"We reaffirm that our four parties support the Democrats," said Sanan Kacharnprasart, the acting head of the Chart Thai party which...
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Thailand's smaller parties and one breakaway faction from the former coalition's lead party on Tuesday reaffirmed their support for the Democrats to head the next government.
"We reaffirm that our four parties support the Democrats," said Sanan Kacharnprasart, the acting head of the Chart Thai party which together with the...
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The Democrat party on Monday asked for an extraordinary session of Parliament this week to vote on the nomination of a new prime minister, expected to be their leader Abhisit Vejjajiva.
Democrat secretary-general Suthep Thaungsuban submitted the request to House Speaker Chai Chidchob, who will need a royal endorsement from Thai...
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The benchmark Hang Seng index surged 8.66 per cent Monday to its highest level in seven weeks amid investor confidence of stimulus moves by China and the United States.
Turnover topped 63.87 billion Hong Kong dollars (8.19 billion dollars), following Friday's turnover of 37.3 billion Hong Kong dollars.
Among the biggest gainers was...
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The week-long closure of Bangkok's two airports has left the capital's hotels empty, travel agents without travellers and the entire industry waiting for a quick fix to Thailand's political mess that is not likely to materialize.
"This week Bangkok hotels are operating at single-digit occupancy and when all the existing tourists...
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Arab stock markets continued their downward journey this week, with financial analysts on Friday citing unjustified "panic and psychological pressures" from the turmoil on global markets.
According to a report by the Kuwait-based Global International Investments House released Friday, the stocks of the oil-rich six member...
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