News

December 20, 2011

Britain boycotts IMF eurozone rescue scheme

European countries have agreed to provide 150bn euros (£125bn; $194bn) to the International Monetary…

December 20, 2011

Solving debt crisis tops Denmark’s EU presidency agenda: Minister

Solving Europe's debt crisis will take the center stage in Denmark's upcoming EU presidency, the country's Minister for Europe said here Monday. "The crisis will heavily affect our agenda and we will do our best to secure what we can do to do…

December 20, 2011

Iran signs deal with Russia to develop oil field

Iran has signed a deal reportedly worth up to one billion U.S. dollars with Russia's Tatneft to develop an oil field, a rare example of new foreign investment in a country under tight economic sanctions. For a country under tight economic…

December 20, 2011

AT&T ends $39bn bid for T-Mobile USA

US telecoms giant AT&T has said it will not pursue its $39bn bid to buy T-Mobile USA after running into fierce government objections. AT&T said the actions of the government to block the deal do not change the problems faced by the mobile phone…

December 20, 2011

North Korea’s Sudden Power Shift Raises Uncertainty

The death of longtime North Korean leader Kim Jong Il and promotion of his…

December 20, 2011

Clinton: North Korea Should Follow ‘Path of Peace’ Following Kim’s Death

U.S. Secretary of State Hillary Clinton is urging North Korea's new leadership to choose what she calls the “path of peace” following the death of North Korean leader Kim Jong Il. Clinton said late Monday that she hoped North Korea would be…

December 20, 2011

China backs Myanmar’s development path based on its own conditions

Visiting Chinese State Councilor Dai Bingguo said Monday China always supports Myanmar to walk on a development path chosen in line with its own national conditions. During his talks with Myanmar President U Thein Sein, Dai said the Chinese…

December 20, 2011

Amnesty Says UN Failed to Prevent Exodus From Southern Sudan

An international rights group says United Nations peacekeepers failed to stop Sudanese troops from driving more than 100,000 people from their homes in the country's southern border region last May. Amnesty International says the U.N. troops took…

December 20, 2011

US asks Iran to free man who ‘confessed’ to CIA plot

The US has asked Iran to free "without delay" a US man of Iranian descent described by Tehran as a CIA spy. Amir Mirzai Hekmati confessed he had been sent to infiltrate Iranian intelligence services on state TV. A spokeswoman for the State…

December 20, 2011

Arrest Warrant Issued for Iraq’s Vice President on Terrorism Charges

The Shi'ite-led government in Iraq has issued an arrest warrant for the Sunni vice president, Tariq al-Hashemi, a move that is seen as evidence of a deepening political crisis in the wake of the U.S. military withdrawal from that country. A…