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Merkel tells Europe to prop up its banks
Germany urged Europe Wednesday to recapitalise its banks where necessary to prevent the eurozone debt crisis from spreading as the IMF warned the EU to get its act together and head off recession. As Greek police tear-gassed protesters in the latest strike over ever-deeper austerity measures, Chancellor Angela Merkel said…
British minister criticizes Blair over role in mideast
British Defence Secretary Liam Fox has questioned the qualifications of Middle East envoy Tony Blair, who is already facing criticism from the Palestinians over his peace role. Fox spoke at a fringe event at the governing Conservative party conference late Tuesday, ahead of a meeting of the members of the…
Eurozone economy ‘goes into reverse’
The eurozone economy flipped into reverse in September, falling to its worst level in more than two years, a closely-watched survey showed on Wednesday. Ahead of new growth figures expected to show the debt-laden currency area slipping towards recession, the final Eurozone Composite Output Index compiled by London-based researchers Markit…
Israel a nuclear threat to the Middle East: Turkish PM
Israel is a “threat” to its region because it owns nuclear weapons, Turkey’s Prime Minister Recep Tayyip Erdogan said on Wednesday. “I right now see Israel as a threat for its region, because it has the atomic bomb,” Erdogan said in a foreign policy speech during an official visit to…
China’s top newspaper slams U.S. currency bill
China’s top newspaper on Wednesday accused US lawmakers of “passing the buck” over America’s economic problems with a bill to punish Beijing for alleged currency manipulation. A commentary in the People’s Daily — viewed as the Communist Party mouthpiece – said the bill was an attempt by lawmakers to cover up their…
Bill Clinton aide confirmed as Haitian prime minister
Haiti’s Senate confirmed the nomination of Garry Conille, an advisor to former US president Bill Clinton, to be the country’s prime minister. Conille, a 45-year-old physician by training, was the third candidate put forward by President Michel Martelly for the post in a bid to end a three-month long impasse over the makeup of…
Australian pleads guilty in US to Afghan corruption
An Australian national pleaded guilty in a federal court in the US capital to accepting bribes for steering US-funded contracts inAfghanistan, the US Department of Justice said. Neil Campbell, 61, a native of Queensland, Australia, pleaded guilty to one count of accepting a $10,000 bribe as an agent of an organization receiving federal funds,…
U.S. condemns ‘provocative’ mosque attack in Israel
WASHINGTON — The United States on Tuesday condemned what it called a “dangerous and provocative” attack on a mosque in a Bedouin village in Israel, calling on law enforcement to bring those responsible to justice. “The United States strongly condemns the dangerous and provocative attacks on a mosque in the…
Oil sands environmental impact unknown: Canada audit
OTTAWA — Key gaps in information mean Canada has been unable to assess the impact of exploiting Alberta’s oil sands, the nation’s environment commissioner said Tuesday. Lack of information due to “insufficient or inadequate environmental monitoring systems” mean the federal environmental and water agencies cannot build a clear picture of…
U.S. condemns car bombing in Somalia
WASHINGTON — The United States forcefully condemned Tuesday the Islamist militant group Shebab’s attack in Somalia, where more than 70 people were killed in a car bombing. Those killed in the “despicable and cowardly act” included students taking taking an exam in hopes of getting a scholarships to study abroad,…
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Tone policing only goes one way
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