May 29, 2012
Spain funding situation ‘very difficult’, PM Rajoy says
Spain's prime minister has said it is "very difficult" for the country to get funds. He was speaking amid growing fears about the Spanish banking sector, after Bankia asked the government for 19bn euros ($24bn, £15bn). The premium investors…
May 29, 2012
Canada to force striking rail workers back to work
The Canadian government has introduced legislation to force striking workers at Canadian Pacific Railway to go back to work. Almost 5,000 staff took action at midnight last Wednesday, bringing traffic to a halt on 24,000 km (14,900 miles) of track.…
May 29, 2012
China looks to boost private-sector investment in banks
China has opened up its banking system to private-sector investors, the latest move by Beijing aimed at underpinning economic growth. Over the weekend, China said that private investors would have the same rights as state firms when trying to…
May 29, 2012
Greek banks receive 18bn euros from bailout fund
Four Greek banks have received 18bn euros (£14.4bn, $22.6bn) as part of the nation's most recent bailout. The funds will be divided between National Bank, Alpha, Eurobank and Piraeus Bank. The money has been released by the European Financial…
May 29, 2012
UN envoy Kofi Annan set to meet Syria’s Bashar al-Assad
UN-Arab League envoy Kofi Annan is due to hold talks on Tuesday with Syrian President Bashar al-Assad in Damascus. Mr Annan's plan to end the country's conflict has been overshadowed by international revulsion at Friday's massacre in the Houla…
May 29, 2012
Bluefin tuna record Fukushima radioactivity
Pacific Bluefin tuna caught off the coast of California have been found to have radioactive contamination from last year's Fukushima nuclear accident. The fish would have picked up the pollution while swimming in Japanese waters, before then…
May 29, 2012
US Denies Sending Commandos to Spy on North Korea
U.S. military officials are rejecting a report suggesting that U.S. military commandos have been parachuting into North Korea to gather intelligence on Pyongyang's underground military installations. The Diplomat, a Tokyo-based political journal,…
May 29, 2012
Indian PM to Meet with Burma’s Aung San Suu Kyi
Indian Prime Minister Manmohan Singh meets Tuesday with Burmese opposition leader Aung San Suu Kyi as he wraps up his three-day visit to strengthen trade and investment links between the two Asian neighbors. Prime Minister Singh met with Burmese…
May 29, 2012
Egyptians Torch Shafiq Headquarters as Election Results Trigger Violence
Egyptian demonstrators incensed that ousted leader Hosni Mubarak's last prime minister has advanced into a run-off presidential election have vandalized his main campaign office and set it on fire after officials confirmed the vote results.…
May 27, 2012
EDITORIAL: SACRIFICING EDUCATION ON THE ALTAR OF LAW AND ORDER
In 1991 when C. Washington Misick became Chief Minister of our country, he was offered a development package by the British government that included the building of a prison. Mr. Misick asked that instead of allocating those funds to prison…