December 30, 2011
Bravo, Pollard for Bangladesh Premier League
All-rounders Kieron Pollard and Dwayne Bravo are the two West Indians whose names have been identified with the start of the Bangladesh Premier League Twenty20 (BPLT 20) next year. ESPN-Cricinfo said Pollard and Bravo, have been named among at…
December 30, 2011
Recession ‘to return’ to Europe, say economists
The vast majority of leading economists polled by the BBC believe recession will return to Europe next year. One fifth said the eurozone would not exist in its current 17-member form, while the majority put the possibility of a eurozone break-up…
December 30, 2011
Euro remains near its low for 2011
The euro is near its low for the year following a tumultuous 12 months in which its existence has been questioned. But Germany's Finance Minister Wolfgang Schaeuble said he was confident that the currency union would survive. "I think we will be far…
December 30, 2011
Hungary close to passing controversial central bank law
Hungary is close to passing a law that critics say could undermine the independence of its central bank. The ruling Fidesz party, which has a two-thirds majority, is due to approve the constitutional change in the final session of parliament this…
December 30, 2011
Japan delays sales tax increase amid growing opposition
Japan's ruling party, the Democratic Party of Japan (DPJ), has agreed to postpone a sales tax increase amid growing opposition against the move. A DPJ panel has agreed to delay raising the tax to 8% until April 2014, with a further increase due in…
December 30, 2011
Verizon to charge $2 fee for online payments
Verizon Wireless will soon make some customers pay for the privilege of paying their bills. The nation's largest wireless company is instituting a $2 "convenience charge" for those customers who make one-time bill payments using a debit or credit…
December 30, 2011
North Korea says it won’t deal with South Korean government
North Korea said Friday that it remained steadfast in its refusal to engage with the current South Korean government, dismissing the prospect of a shift in relations with Seoul after a dynastic succession in Pyongyang. "We solemnly declare with…
December 30, 2011
US aircraft carrier in drill zone: Iran
A US aircraft carrier entered a zone near the Strait of Hormuz that is now being used by the Iranian navy for military drills, an Iranian official said on Thursday amid rising tensions over the key oil-transit channel. "A US aircraft carrier was…
December 30, 2011
AL observers visit Syria amid continuing violence
Syria still faces continuing violence despite the arrival of Arab League observers in the country. On Thursday, amateur video emerged purportedly showing Arab League observers running from gunfire. The killings in Syria show no sign of abating. In…
December 30, 2011
Russia Says Crew Inside Burning Submarine in No Danger
The Russian military says crew members still inside a burning nuclear submarine docked in a northern Russia shipyard are not in any danger. An official said Friday the undisclosed number of crew members are monitoring temperatures and carbon…