November 20, 2011
ECB’s Draghi urges swift action on bailout fund
The new governor of the European Central Bank (ECB), Mario Draghi, has called for "urgent action" to implement the new eurozone bailout fund. His comments come as the Italian parliament gave its approval to the new government led by economist…
November 20, 2011
Budget wars: Cut, cut and cut some more
On election night in 2010, Republicans were united by one mission: Cutting government spending now. "I'm here to tell you tonight that our new majority is prepared to do things differently," then Minority Leader John Boehner told an election night…
November 20, 2011
Oil price ends below US$98
Oil prices dropped below US$98 per barrel to the end a volatile week that mixed jitters about Europe’s debt with the prospect of tighter oil supplies and improving economic conditions in the US. The price of oil ended the week lower than it…
November 20, 2011
Clico commission resumes hearings next January
As sole Clico commissioner Sir Anthony Colman endeavours to maintain the timeline he set himself for the conclusion of his commission, he announced yesterday that he was scheduling four evidential hearings in 2012. The commission, which ended its…
November 20, 2011
Gaddafi’s son Saif al-Islam captured in Libya
Colonel Gaddafi's son Saif al-Islam has been captured, Libyan officials say.
He was taken by…
November 20, 2011
California university to investigate police use of pepper spray
Under pressure to resign, the chancellor of the University of California, Davis, on Saturday called police use of pepper spray on seated Occupy protesters "chilling" and established a task force to look into the incident. The video broadcast by…
November 20, 2011
Obama declares Asia-Pacific trip a success
U.S. President Barack Obama declared his nine-day Asia-Pacific trip a success on Saturday, returning to the trip's domestic impact after focusing for days on the United States' role in the region and its relationship with China. In his weekly…
November 20, 2011
Pope calls for African peace and reconciliation
Pope Benedict has presented plans by the Roman Catholic church to encourage reconciliation in Africa, on the second day of his visit to the state of Benin. The Pope travelled to the city of Ouidah, the heartland of the Voodoo religion, where…
November 20, 2011
Taiwan moves to legalize oldest profession
In Taiwan, legislation is moving towards legalizing the world’s oldest profession, but in practice the trade remains largely underground. Under the revised Social Order Maintenance Act, which went into effect in early November, prostitution is…
November 20, 2011
15 Dead in Syria as Arab Deadline Looms
Syrian activists say at least 15 people were killed in a crackdown on dissent across Syria Saturday, as and Arab League deadline neared for Damascus to end the bloodshed. The activists said most of the deaths occurred in fresh raids by security…