June 22, 2012
18 Hostages Freed Following Afghan Hotel Attack
Afghan officials said Friday its security forces have freed 18 civilians after a Taliban attack on a hotel on the outskirts of Kabul. Authorities said two of the attackers are dead. Taliban suicide bombers and gunmen attacked the hotel late…
June 22, 2012
Afghan Taliban attack Lake Qargha hotel near Kabul
Taliban militants have attacked a hotel outside Kabul, triggering a deadly gun battle with Afghan security forces and a hostage crisis. Officials say insurgents armed with rocket-propelled grenades and heavy machine guns attacked the Spozhmai…
June 22, 2012
Dr. Dre, Eve Sued over Faith Evans Collabo ‘Love is Blind’
Dr. Dre and Eve have been hit with a lawsuit over royalties from their Faith Evans collaboration, “Love Is Blind.” Music producer Big Hutch claims he co-wrote and produced the single in 1997 for Eve, who was then signed to Dr. Dre’s Aftermath…
June 22, 2012
Kim Kardashian to Oprah: ‘Kanye Knows Everything about Me’
In part two of her chat with Oprah Winfrey, Kim Kardashian opens up about her relationship with Kanye West, calling it ”comforting” because he knows everything about her. One unfortunate aspect the two have in common is the death of a parent.…
June 22, 2012
Vybz Kartel free on drug rap, but remains in custody
Popular entertainer Vybz Kartel was today freed in the Corporate Area Resident Magistrate’s Court of possession of ganja. When the matter came for trial today, Katel’s lawyer, Christian Tavares-Finson, argued that based on the police statement…
June 22, 2012
US appeals court upholds Buju Banton’s conviction
A federal appeals court has upheld Jamaican reggae star Buju Banton's conviction on cocaine conspiracy and trafficking charges. Banton's attorney, David Markus, argued that a government informant had improperly entrapped the Grammy-winning singer. A…
June 22, 2012
Moody’s downgrades 15 major banks
The credit ratings agency Moody's has downgraded 15 banks and financial institutions. UK banks downgraded include Royal Bank of Scotland, Barclays and HSBC. In the US, Bank of America, Citigroup, Goldman Sachs and JP Morgan are among those marked…
June 22, 2012
Moody’s downgrades 15 major banks
The credit ratings agency Moody's has downgraded 15 banks and financial institutions. UK banks downgraded include Royal Bank of Scotland, Barclays and HSBC. In the US, Bank of America, Citigroup, Goldman Sachs and JP Morgan are among those marked…
June 22, 2012
Spanish banks need up to 62bn euros
An independent audit of Spain's banks has found that they will need up to 62bn euros (£50bn) in extra funding. European authorities had already agreed to provide up to 100bn euros ahead of assessments of the banks' needs. Jean-Claude Juncker, the…
June 22, 2012
China and Brazil in $30bn currency swap agreement
China and Brazil have agreed a currency swap deal in a bid to safeguard against any global financial crisis and strengthen their trade ties. It will allow their respective central banks to exchange local currencies worth up to 60bn reais or 190bn…