News

December 19, 2011

British govt backs plan to restructure banks

The British government will restructure the country's banks by…

December 19, 2011

Bahamas to get US$50m to improve air transportation

The Bahamas is to receive a US$50 million loan to improve its air transportation system in a programme expected to increase flights within the island chain and modernise its airports. The Inter-American Development Bank says its loan also will be…

December 19, 2011

China’s house prices fall amid curbs

House prices in most Chinese cities have fallen as government policies aimed at cooling the property market start to take effect. New home prices in 49 out of 70 Chinese cities dropped in November from the previous month, the National Bureau of…

December 19, 2011

Vickers report on banks to be accepted in full – Cable

The government will accept the Vickers report into banking "in full", Business Secretary Vince Cable has told the BBC. The report, launched in the wake of the financial crisis, recommended separating banks' retail business from their investment…

December 19, 2011

North Korea’s Kim Jong Il Dead at 69

North Korean state television reports that Supreme Leader Kim Jong Il has died at…

December 19, 2011

Death Toll from Philippines Storm Exceeds 650

The death toll from tropical storm Washi in the Philippines reached 652 people Sunday, as rescuers continued to search for more than 900 others still missing. Washi struck the southern island of Mindanao Friday night, blanketing the area with…

December 19, 2011

Egyptian Activists, Security Forces Clash for 3rd Day in Cairo

Egyptian anti-government activists and security forces have engaged in a third day of street battles in Cairo. Protesters are demanding that the country's military rulers hand power to a civilian administration. The anti-government activists…

December 19, 2011

More Protests in Russia Over Alleged Election Fraud

Thousands marched again Sunday in Moscow and St. Petersburg against alleged fraud in this month's Russian parliamentary elections. The Communist party organized the Moscow protests while several different parties were behind the St. Petersburg…

December 18, 2011

Political turmoil flares in Iraq as U.S. pulls out

Iraqi Prime Minister Nuri al-Maliki is asking lawmakers to withdraw confidence from his deputy…

December 18, 2011

Barry Bonds’ House Arrest Sentence Delayed Pending Appeal

Barry Bonds will remain free while he appeals his conviction for…