Home » Entries posted by Agence France-Presse (Page 1497)
US calls for release of Vietnam protesters
The United States on Tuesday called for the release of peaceful protesters detained when Vietnamese security forces broke up a weekend rally against Beijing’s actions in the South China Sea. “We are concerned by the detention of several individuals for what appears to be the peaceful expression of their views,”…
UBS announces 3,500 job losses
Swiss banking giant UBS on Tuesday announced plans to shed 3,500 jobs in order to make savings of some 2 billion Swiss francs (1.8 billion euros, $2.5 billion). UBS aims to make the personnel cuts “through redundancies as well as natural attrition”, the bank said in a statement.…
Strauss-Kahn to walk free as sex case collapses
Dominique Strauss-Kahn is set to walk free on Tuesday after New York prosecutors said that while the powerful Frenchman did have sex with his hotel maid, they could not prove an assault because the alleged victim’s lies undermined the case beyond repair. Within hours, New York state Judge Michael Obus…
Biden praises Japan’s courage after tsunami
US Vice President Joe Biden on Tuesday praised Japan’s courage and resolve as he visited its tsunami-shattered coast, where American forces helped with a large-scale relief effort. Biden, near the end of his Asia tour, is the top-ranking American official to travel to the disaster zone where the March 11…
South Korea votes on free school lunches
Voters in Seoul decide on Wednesday whether all children should receive free school lunches — a seemingly parochial issue that has drawn televised political tears and could influence 2012 elections. The referendum was called by Mayor Oh Se-Hoon, of the ruling Grand National Party, after the opposition-controlled city council gave…
S&P president steps down after US ratings downgrade
Standard & Poor’s president Deven Sharma is stepping down, its parent company announced, just weeks after the credit rating agency cut the US’ top AAA rating and sent global markets into turmoil. Sharma, who will take another role in the company before leaving altogether at the end of the year,…
Obama talks to corporate titans Warren Buffett and Alan Mulally
VINEYARD HAVEN, Massachusetts — US President Barack Obama on Monday reached out to respected business figures Warren Buffett and Ford chief Alan Mulally as he frames a major new plan on jobs and the deficit. Obama made the calls from his rented vacation farm house on the well-heeled resort island…
Gaddafi’s son Mohammed escapes from Libyan rebels
BENGHAZI, Libya — Mohammed Kadhafi, a son of Libyan leader Moamer Kadhafi, has escaped after having been arrested by rebels in Tripoli, Libya’s US ambassador said Monday. Mohammed Kadhafi, Kadhafi’s eldest son, and brother Seif al-Islam, who was regarded as the veteran leader’s intended successor, were arrested on Sunday as…
Gold hits record high near $1,900 an ounce
LONDON — Gold hit a record high near $1,900 an ounce in Monday trade as lingering fears of a fresh global recession caused dealers to snap up the precious metal regarded as a safe-haven investment. Gold struck an all-time peak of $1,894.80 on the London Bullion Market, beating its high…
World Bank ready to help Libya
WASHINGTON — The World Bank said Monday it has been monitoring Libya’s economic situation and would be guided by member countries on resuming its activities with the country. “Guided by our shareholders, the Bank will reengage with Libya just as soon as we can be helpful in the country’s recovery,”…
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