- North Korea's Armed-Forces Chief Relieved Of All His Posts
July 15 2012 11:51 PM
Could North Korea's days as a so-called hermit kingdom be drawing to a close? One sign could be the new status of Ri Yong Ho, the country's top military leader (besides Kim Jong Un, of course), who was axed, bounced, canned, discharged, just plain fired on Sunday.
- Spanish Banks Could Get First Funds In $120 Billion Bailout This Month
July 14 2012 9:11 PM
One of the euro zone's two bailout funds could begin disbursing monies to Spain at the end of this month in a €100 billion ($120 billion) rescue of the country's embattled banks, according to an article by the Associated Press based on a story in the German newsweekly Der Spiegel on Saturday.
- FDA Warns About Listeria Threat In Mexicali Cheese Corp. Products
July 13 2012 11:23 PM
Because the bacterium Listeria monocytogenes was found in the Mexicali Cheese Corp.'s finished product, the U.S. Food and Drug Administration is warning people to neither consume nor purchase any of the company's products.
- New Mars Exploration Rover Image Released By NASA [PHOTO]
July 07 2012 11:33 PM
NASA released this week a stunning image produced by combining 817 photographs it was able to capture via the panoramic camera, or Pancam, on the Mars Exploration Rover Opportunity between Dec. 21 and May 8.
- Enrique Pena Nieto Returns Presidency To Mexico's PRI: Preliminary Count
July 01 2012 9:49 PM
Mexico's Institutional Revolutionary Party, or PRI, counted every president of the country between 1929 and 2000 as one of its members, and it may again soon, as an official preliminary count of the votes indicates its candidate, Enrique Pena Nieto, won the nation's presidential election on Sunday.
- You Auto Bike More: Chinese Megacity Launches Car Quota System
July 01 2012 8:45 PM
In an effort to cut gridlock and pollution in Guangzhou, authorities in the capital city of Guangdong province began a one-year trial program on Sunday that will cap the number of new automobiles hitting the streets, according to the state-owned Xinhua news agency.
- EU Embargo On Iranian Crude Oil Now In Full Effect
July 01 2012 4:14 PM
The European Union's economic sanctions on Iran became fully effective on Sunday, but the Islamic Republic's deputy oil minister claimed the country will have no difficulty finding replacements for recent EU purchasers of its crude.
- It's Apple 2, Samsung 0 In US Patent Contests This Week
June 29 2012 11:30 PM
Apple Inc. (Nasdaq: AAPL) scored its second major win of the week over Samsung Electronics Co. Ltd. (Korea: 005930) in intellectual-property litigation on Friday, as Apple was granted a court order blocking U.S. sales of Samsung's Galaxy Nexus smartphone.
- Greece's New Leaders To Miss EU Summit Set For This Week
June 24 2012 11:49 PM
Due to health issues, neither Greece's new prime minister, Antonis Samaras, nor the country's new finance minister, Vassilis Rapanos, will attend the European Union summit in Brussels scheduled for Thursday and Friday.
- 'Vicious Cycles' Continue To Go 'Round And 'Round: BIS
June 24 2012 11:13 PM
Five years into the most significant global financial crisis since the 1930s, the world's leaders have formulated neither the fiscal policies nor the monetary policies required to deal with it, according to the Bank for International Settlements' 82nd Annual Report, which was released Sunday.
- Almost 23% Of Gulf Of Mexico's Oil-And-Gas Output Cut By Storm
June 24 2012 7:02 PM
Because of Tropical Storm Debby in the Gulf of Mexico, about 22.7 percent of the gulf's current daily oil production and about 22.9 percent of its current daily natural-gas production has been shut-in, according to the U.S. Interior Department's Bureau of Safety and Environmental Enforcement.
- Tropical Storm Debby Cuts Oil-And-Gas Output In Gulf Of Mexico
June 23 2012 11:26 PM
With Tropical Storm Debby more or less dead in the water of the central Gulf of Mexico, the U.S. Bureau of Safety and Environmental Enforcement estimates about 7.8 percent of the gulf's current daily oil production and about 8.16 percent of its current daily natural-gas production are now shut-in.
- Syria And Turkey Agree: Warplane Was Attacked
June 22 2012 11:55 PM
Both Syria and Turkey now agree the former shot down one of the latter's warplanes, believed to be an F-4E Phantom, over the Mediterranean Sea on Friday. The incident had been the subject of conflicting media reports.
- Paraguay's President Ousted In Political Lightning Strike
June 22 2012 8:22 PM
Paraguayan President Fernando Lugo was removed from office by the bicameral National Congress in the space of two days, so that, as of Friday night, he is the former president, according to multiple media sources.
- Suppose They Conducted A Relief Rally, And Nobody Came?
June 17 2012 11:20 PM
Certain financial-market commentators were -- er, uh -- commentating either early Monday or late Sunday (depending on one's global positioning) about a relief rally in this market or that market allegedly propelled by Greece's election results, which suggest the euro zone will not be falling apart. This week, anyway.
- Egyptian Power Will Pass To Civilians From Military July 1: SCAF
June 17 2012 9:08 PM
As ballots cast in Egypt's presidential election continue to be counted on Sunday, Field Marshal Mohamed Hussein Tantawi, the head of the country's Supreme Council of the Armed Forces, or SCAF, has renewed the military's commitment to hand over power to a civilian authority on July 1.
- Bailout-Friendly Coalition Expected To Govern Greece
June 17 2012 5:40 PM
Leaders of the center-right New Democracy party and the left Syriza party -- Antonis Samaras and Alexis Tsipras, respectively -- agree on one thing: The former party won, and the latter party lost Greece's snap parliamentary elections on Sunday.
- Exxon Mobil Shelves Shale-Gas Exploration Plans In Poland: Report
June 17 2012 4:33 PM
The Exxon Mobil Corp. will abandon its shale gas exploration projects in Poland because the company's test wells did not produce commercial quantities of gas, the daily newspaper Gazeta Wyborcza reported, according to Bloomberg News.
- France Wants EU Growth Package Worth ?120B This Year
June 16 2012 11:21 PM
With French President Francois Hollande's Socialist Party appearing likely to cement its hold on the country's government in elections on Sunday, the Journal du Dimanche has reported that France wants the European Union to agree on growth-boosting measures worth ?120 billion ($151 billion) this year.
- Korean Molluscan Shellfish Should Be Pulled From Market: FDA
June 16 2012 4:07 PM
U.S. food wholesalers, food retailers, and food-service operators have been advised by the Food and Drug Administration to remove from their distribution chains all clams, mussels, oysters, and scallops -- collectively known as molluscan shellfish -- that have come to the U.S. from South Korea.