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Updated: 3 min 31 sec ago

Greek leaders agree to new spending cuts in bid to avert default

6 hours 13 min ago
The nation says it has struck an agreement on adopting harsh new measures needed to avoid a disastrous bankruptcy.

The nation says it has struck an agreement on adopting harsh new measures needed to avoid a disastrous bankruptcy.


Greece reaches austerity deal

9 hours 33 min ago
Greece has reached a tentative agreement on new austerity cuts demanded by creditors to release a (euro) 130 billion ($173 billion) bailout.

Greece has reached a tentative agreement on new austerity cuts demanded by creditors to release a (euro) 130 billion ($173 billion) bailout, hours before a crucial meeting of finance ministers in Brussels, Prime Minister Lucas Papademos' office said Thursday.


Greek leaders fail to agree on new budget cuts

15 hours 47 min ago
Greece's government leaders resolve all issues but one — creditors' demands for even deeper pension cuts. With a $170-billion bailout hanging on the outcome, they are due to meet again Thursday.

After seven hours of grueling nighttime negotiations, Greece's fractious coalition government failed to agree on new budget cuts needed to secure a $170-billion bailout intended to stave off default, ease the country's debt woes and pay off foreign creditors.


In China, Chongqing official's disappearance sparks asylum rumor

15 hours 47 min ago
Chongqing Vice Mayor Wang Lijun disappeared after a visit to a U.S. Consulate. One website says he is under investigation and has been transferred to Beijing.

A crusading former police chief in the boomtown of Chongqing disappeared under unexplained circumstances and reportedly may have tried and failed to obtain political asylum at the nearest U.S. Consulate.


Russia role in Syria crisis criticized as Homs violence flares

Wed, 02/08/2012 - 18:10
Even as casualties mount in Homs and elsewhere in Syria, a diplomatic impasse has largely blocked any international effort to stop the carnage.

 


Aleppo, Syria, long loyal to the government, appears to waver

Wed, 02/08/2012 - 18:01
The nation's second-largest city looks increasingly divided over the uprising. Major unrest there would be a significant blow to President Bashar Assad.

In the apartment of an elderly Aleppo woman, the TV was tuned to the pro-government channel Al Dunya.


India group's prosthetic device a boon for thousands of amputees

Wed, 02/08/2012 - 16:41
Makers of India's Jaipur Foot rapidly craft low-cost customized prosthetic devices that have changed the lives of hundreds of thousands of impoverished amputees.

Shopkeeper Mauji Lal was boarding a train four years ago when the crowd pushed him onto the tracks and he was run over. Doctors amputated his right leg and four toes on his left foot. Hobbling on a walker, he got back on a train last month for the 20-hour trip across India to this western city.


Palestinians announce agreement for unity government

Wed, 02/08/2012 - 10:42
Palestinian factions said Monday they had broken a political impasse by agreeing to make Palestinian Authority President Mahmoud Abbas head of a proposed unity government.


Maldives president resigns after weeks of protests

Wed, 02/08/2012 - 00:00
The Maldives' first democratically elected president, Mohamed Nasheed, quits in the face of protests over his order to arrest a judge.

The Maldives' first democratically elected president resigned Tuesday after weeks of protests over his decision to sack a judge he had accused of favoring the opposition.


U.S., allies weigh options in Syria

Tue, 02/07/2012 - 20:07
With President Bashar Assad refusing to cede power, U.S. options include arming Syrian rebels or looking the other way if others do. Some foresee a proxy war.

 


Mexico arrests Sinaloa drug cartel's reputed enforcer

Tue, 02/07/2012 - 17:57
Jose Antonio Torres Marrufo allegedly amassed weapons from the U.S. government's Fast and Furious gun program. He is also wanted in the U.S. on drug charges.

Mexican authorities have arrested a reputed enforcer for the country's most powerful drug cartel, a man also alleged to have amassed weapons from the U.S. government's failed Fast and Furious gun smuggling operation.


Afghan chief Karzai arises as obstacle to U.S. talks with Taliban

Tue, 02/07/2012 - 15:57
Afghan President Hamid Karzai has repeatedly tried to thwart the most focused U.S. effort yet to bring the insurgents to the bargaining table, observers say.

 


Egypt names 43 targeted in democracy groups inquiry

Tue, 02/07/2012 - 00:00
Sam LaHood, son of Transportation Secretary Ray LaHood, and 18 other Americans are among those to be prosecuted on charges of violating foreign funding laws.

Egyptian state media Monday published the names of 43 people accused in a politically explosive investigation of pro-democracy groups, saying they are suspected of receiving illegal funding with the aim of destabilizing the country's national security.


Neighborhood pays price of being on wrong side of Israel's wall

Tue, 02/07/2012 - 00:00
Residents of Kafr Aqab are cut off from most public services, even though they live within Jerusalem's city limits. The once-upscale area is now a slum.

With a fire extinguisher in his hand and a cellphone pressed to his ear, principal Sameeh abu Rameelh battled an electrical fire in his Jerusalem high school's computer lab while pleading with the fire department to come to his aid.


Syrian opposition says dozens killed in attack on Homs

Tue, 02/07/2012 - 00:00
A makeshift clinic that was treating the wounded was among the targets, activists say. The U.S. suspends embassy operations in Damascus.

Syrian government forces pressing a ferocious crackdown shelled the central city of Homs on Monday, opposition activists said, destroying a makeshift clinic and leaving dozens dead in a town that has been a hotbed of antigovernment resistance.


In Syria, a once-quiet village tips into revolution

Tue, 02/07/2012 - 00:00
Anadan, in the shadow of Syria's second-largest city, has expelled Bashar Assad's forces. It's another tug on the tightrope the president is walking.

Off the main highway leading from the city of Aleppo, a handful of Kalashnikov-toting young men, some with their faces covered in scarves, stand at a checkpoint near the entrance to this small village. Close by flutters the green, white and black flag of Syria's opposition.


Critics say Mexico bicentennial tower a monument to its failings

Tue, 02/07/2012 - 00:00
The Estela de Luz, or Pillar of Light, in Mexico City opens way over budget and way too late, 16 months after the 200th anniversary of Mexico's independence.

If Mexico's bicentennial tower knew what people were saying, it might slink off and hide (if 341 feet of stone could skulk, that is).


California may join multi-state mortgage settlement

Mon, 02/06/2012 - 00:00
California has until Monday to share in a multi-state deal with banks to obtain mortgage relief and reforms. Atty. Gen. Kamala Harris, who walked away from talks last year, says the door remains open.

With a Monday deadline at hand, California officials have resumed direct talks with the Obama administration about joining a multibillion-dollar, multi-state mortgage settlement with the nation's largest banks, a source said Sunday.


Mexico's PAN picks Josefina Vazquez Mota to run for president

Mon, 02/06/2012 - 00:00
The former congresswoman, seen as a long shot, would be the first female president of Mexico. The presidential race will be held in July.

Members of Mexico's ruling party on Sunday chose former Congresswoman Josefina Vazquez Mota as their long-shot candidate for president — the first time a woman will vie for the country's top job on behalf of a major political faction.


Hillary Clinton warns of 'brutal civil war' in Syria

Sun, 02/05/2012 - 19:11
The U.S. secretary of State's warning comes after the collapse of a U.N. plan for Syria. The Arab League vows to continue to work toward a peaceful resolution.

A day after the collapse of a United Nations plan for Syria, U.S. Secretary of State Hillary Rodham Clinton warned that the situation on the ground could degenerate into "a brutal civil war." The head of the Arab League, meanwhile, said Arab states would continue to work toward a peaceful resolution of the crisis.



Stories We're Watching

As Growth Slows, India Awakens to Need for Foreign Investment

International Herald Tribune - Wed, 02/08/2012 - 08:26
India’s central bank and economic analysts predict that growth will fall sharply to 7 percent this fiscal year and remain sluggish.

Social responsibility and a new world order

Washington Post - Innovations - Tue, 02/07/2012 - 07:56
Just before the New Year, the London-based Center for Economics and Business Research announced that Brazil had overtaken the United Kingdom as the world’s sixth largest economy. Furthermore, it predicted that by 2020, India and Russia will also have overtaken all the European economic powers.

Aid for trade policy rears its ugly head

The Guardian's Poverty Matters - Mon, 02/06/2012 - 01:41
The UK government's dismay at not being granted the contract for Typhoon fighter jets in India is an indication that its controversial aid for trade policy is still very much alive.

Liberia's battle to put the lights back on

The Guardian's Poverty Matters - Sun, 02/05/2012 - 23:00
Ellen Johnson Sirleaf has set ambitious targets to restore the country's electricity supply. But will it meet them by 2015?

As Africa's consumers rise, so does inequality

Yale Global Online - Fri, 02/03/2012 - 10:17
Kenya struggles to spread the wealth from rapid growth.

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