News

November 22, 2011

US growth revised down for third quarter

The US economy grew at a slower pace than previously estimated in the three months to the…

November 22, 2011

Merkel sees EU treaty change as solution, not eurobonds

German Chancellor Angela Merkel has said that EU treaty changes rather than eurobonds will help solve the eurozone debt crisis. On the eve of European Commission proposals for bonds backed by all 17 eurozone states, she said that what was needed…

November 22, 2011

Egyptian stock exchange suspended after 5% dip

Trading on Egypt's stock exchange was automatically suspended on Tuesday after the main EGX 100 index fell 5%. It followed a 4% fall on Monday, and came as Egypt's ruling military council began talks with protesters following violent clashes in…

November 22, 2011

Obama pushes payroll tax cut extension in New Hampshire

US President Barack Obama is in the political battleground state of New Hampshire to challenge…

November 22, 2011

Egypt military pledges to speed up power transfer

Egypt's military rulers have agreed to speed up presidential elections, a key demand of protesters packing Cairo's Tahrir Square. Field Marshal Mohamed Hussein Tantawi said on national TV they would happen by July 2012. He said parliamentary…

November 22, 2011

Pakistan US ambassador Haqqani resigns over ‘memogate’

Pakistan's ambassador to the United States has resigned over claims that he sought Washington's help against his country's military. Husain Haqqani is accused of compiling a memo seeking US help to avert a military takeover in Pakistan following…

November 22, 2011

Turks and Caicos workers protest looming job cuts

Hundreds of government workers in the Turks and…

November 21, 2011

U.S. to join U.K. in new Iran sanctions

The United States will name Iran, as well as its Central Bank, as a “primary money…

November 21, 2011

CIA Spies Caught, Fear Execution in Middle East

In a significant failure for the United States in the Mideast, more than a dozen spies working for the CIA in Iran and Lebanon have been caught and the U.S. government fears they will be or have been executed, according to four current and former…

November 21, 2011

Adele and Taylor Swift rule at American Music Awards

Taylor Swift, right, beat Adele, Lil Wayne, Katy Perry and Lady Gaga to artist of the year