March 16, 2012
Falkland Islands oil dispute: UK hits back at Argentina
The UK has hit back at Argentina's threats of court action over Falkland Islands oil exploration, calling its behaviour "illegal intimidation". Foreign minister Hector Timmerman had threatened legal action against firms drilling off the UK…
March 16, 2012
India uses budget speech to sound upbeat economic note
India's Finance Minister Pranab Mukherjee has unveiled the country's annual budget, saying that the economy is turning around. He added that India would look to reduce subsidies, accelerate reforms and state asset sales and boost infrastructure…
March 16, 2012
Fiat plants in Italy shut over fuel strike
Italian carmaker Fiat has shut down five of its plants in its home country as it struggles to cope with an ongoing transport strike. Lorry drivers have been protesting over taxes on petrol passed in the austerity budget of Prime Minister Mario…
March 16, 2012
Air Berlin losses widen in 2011
Germany's second largest airline, Air Berlin, has reported worse-than-expected losses for 2011 as it continues its efforts to downsize. The budget carrier reported a net loss of 271.8m euros ($322m; £205m) for the year to 31 December 2011. It…
March 16, 2012
US diplomat warns…Stanford’s fraud case has message for Caribbean
The recently concluded fraud case in which Texan billionaire Allen Stanford was convicted of running a US$7-billion Ponzi scheme using a bank in Antigua and Barbuda should serve as a warning to small societies in the Caribbean, a senior US…
March 16, 2012
Europe Looking to Boost Its Bailout Fund
The 17-nation euro currency bloc appears ready to boost the size of the continent's bailout fund to handle future financial emergencies of its debt-ridden countries. A new $656 billion rescue fund is set to take effect in July. But financial…
March 16, 2012
Afghan President Slams US on Probe into Massacare
Afghan President Hamid Karzai is accusing the United States of failing to cooperate in the probe of a massacre of 16 Afghan villagers, allegedly by a U.S. soldier. President Karzai met with tribal elders and family members of those killed in…
March 16, 2012
Evidence Shows Tehran Connection in New Delhi, Bangkok Bombings
India is seeking international arrest warrants for three Iranians suspected of being part of a plot to attack Israeli diplomats. New Delhi Police Chief Brijesh Gupta said Friday India has contacted Interpol about warrants for the three men, thought…
March 16, 2012
US Envoy to Haiti Urges Patience on Disaster Recovery
The U.S. ambassador to Haiti says it will take years to complete reconstruction efforts from the devastating 2010 earthquake. In an interview with VOA's Creole Service, Kenneth Merten compared the pace of reconstruction efforts in Port-au-Prince to…
March 16, 2012
50th ANNIVERSARY OF GRAND TURK ROLE IN FIRST US MANNED SPACE FLIGHT
The Turks and Caicos Islands will celebrate the its unique place in the history of space exploration next week, 19-22 Mar 2012 in the Grand Turk. The 50th Anniversary of the US Mercury Space Programme’s splashdown by John Glenn in the waters off of…