Quantcast
Home » Archives » World (Page 992)

Munch’s ‘Scream’ beats auction record at $119.9 million

NEW YORK — The only privately owned version of Edvard Munch’s “The Scream” — one of the most recognizable paintings in history — set a world record when it sold for $119.9 million at Sotheby’s in New York. Heated competition between seven bidders took the price to the highest for…

Bolivia nationalization hurts investment climate: U.S.

WASHINGTON — The United States voiced concern Wednesday after Bolivia nationalized Spanish firm Red Electrica’s local grid, saying it will damage the country’s investment climate. Bolivian President Evo Morales’s seizure of the Red Electrica subsidiary came just 15 days after Argentina’s much larger expropriation of Spanish oil giant Repsol’s YPF…

Twelve dead in clash between Mexico soldiers, outlaws

CULIACAN, Mexico — A fresh clash between soldiers and suspected criminals in northwest Mexico left 12 dead, including two soldiers, a state official said Wednesday. At least 22 others have been killed in similar clashes in Sinaloa state, home to the eponymous drug cartel, since Saturday. In the latest clash,…

WWF calls for investigation into Indonesian elephant death

Environmental organisation WWF called on the government Wednesday to investigate the death of a critically endangered Sumatran elephant allegedly poisoned at an Indonesian oil palm plantation. A ranger at the plantation in Aceh Jaya on Sumatra island said he found the 18-year-old female elephant dying on Monday and that locals…

News Corp board has ‘full confidence’ in Murdoch

The board of embattled publishing empire News Corp declared “full confidence” Wednesday in chairman Rupert Murdoch a day after British lawmakers branded him unfit to lead a major global company. “The board based its vote of confidence on Rupert Murdoch’s vision and leadership in building News Corporation, his ongoing performance…

North Korea ‘ready for third nuclear test’

North Korea has apparently finished preparations for a third nuclear test and is awaiting a political decision to go ahead, a South Korean nuclear expert said Wednesday. The expert also said the communist state is likely to use highly enriched uranium (HEU) for any test, and may have produced enough…

Iron Maiden frontman takes over aircraft maintenance hangar

Iron Maiden frontman Bruce Dickinson has taken over an aircraft maintenance hangar in Wales and hopes to create hundreds of jobs at the facility, he said Wednesday. Dickinson, 53, an airline pilot when he is not rocking out stadiums, has taken a lease on the Twin Peaks hangar in St…

British military runs tests before Olympics

London launched a major military exercise Wednesday to check security responses for the 2012 Olympics, as the final wave of test sports events got under way. Royal Air Force (RAF) Typhoon fighter jets flew into the capital to herald the start of Exercise Olympic Guardian, a nine-day training operation to…

Syria’s economy contracts as violence surges: IMF

Syria’s economy is expected to contract significantly in 2012 due to 14 months of violence and sanctions, a top official at the International Monetary Fund said on Wednesday. “We do expect contraction in GDP (Gross Domestic Product) this year,” the head of the IMF’s Middle East, North Africa, Gulf and…

Eurozone unemployment hits record 10.9 percent

Eurozone unemployment spiked to a record 10.9 percent in March, piling pressure on governments on Wednesday to shift from austerity-first to growth policies so as to revive the economy. The figures, up from 10.8 percent in February, coincided with a survey showing manufacturing in the 17-nation eurozone stumbling to near…

Google+