News

March 14, 2011

US Targets Mexican Drug Gang

U.S. law enforcement officials announced Wednesday that 10 Mexican nationals associated with a notorious criminal gang have been charged in last year's murder of a U.S. consulate employee and two other people in Juarez, Mexico.   The announcement…

March 14, 2011

Japan quake: Explosion at Fukushima nuclear plant

A second explosion has hit the nuclear plant in Japan which was damaged in…

March 14, 2011

Japan’s Nikkei falls 4.5% in first session after quake

Japanese shares have tumbled on the first trading day after the massive earthquake and…

March 14, 2011

Chevron appeals against Ecuador Amazon pollution fine

US oil giant Chevron has launched a legal appeal against a $9.5bn (£5.9bn) fine by an Ecuador court for polluting much of the country's Amazon region. Chevron accused lawyers and supporters of the indigenous groups who brought the case of…

March 14, 2011

Greece, Portugal Face New Credit Warning

A leading financial services company says it could further downgrade the credit standing of Greece and Portugal as the two countries struggle to control the finances of their debt-ridden governments. Standard & Poor's said Wednesday it is keeping…

March 14, 2011

European Leaders Agree to Closer Economic Cooperation

Leaders of the 17 European nations that use the euro have agreed “in principle” to limit public debt and coordinate their economic policies. The so-called “pact for the euro” is to be formally adopted at a summit of all 27 European Union members…

March 14, 2011

Obama to Face Reporters on High US Gasoline Prices

The White House says President Barack Obama will hold a news conference Friday morning to answer questions about rising U.S. gasoline prices. Officials say he likely will be asked about the turmoil in Libya, which has been a major cause of high…

March 14, 2011

Japan quake: Fukushima plant alarming, says Naoto Kan

A nuclear plant damaged in Friday's quake remains in an alarming…

March 14, 2011

Japan’s Quake Could Be Most Expensive

The full extent of the economic impact of Friday's earthquake and tsunami in Japan is not yet clear, but some experts say it could be the most expensive in history. Hundreds of factories across Japan, including carmakers Toyota and Nissan, are…

March 14, 2011

Wikileaks row: US spokesman Crowley quits over gaffe

US state department spokesman PJ Crowley has resigned after calling the treatment of the man accused of leaking secret cables to Wikileaks "stupid". He said he was taking responsibility for the impact of his remarks about Bradley Manning. Private…