WORLD

North Korea Refuses To Allow IAEA Monitors, Says It Will Launch Another Rocket With Satellite

North Korea
North Korea will not allow the International Atomic Energy Agency's inspectors to examine the country's nuclear program, in retaliation to the UN's tough stand against its rocket launch.According to Japanese media, Pyongyang went a step further and said it will continue with its satellite program and will launch another rocket with a satellite in the next five years, The Telegraph reported.
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Taliban Attack in Kabul

Karzai Blames Spy Failures By NATO For Kabul Battle

Afghan President Hamid Karzai said Monday that Sunday's coordinated Taliban attack on Kabul showed a failure by Afghan intelligence and especially by NATO, while Washington signaled the Haqqani group of militants was responsible.
Bad Timing? Mitt Romney Files for Tax Extension Hours After White House Tax Return Stunt

Romney Gains On Obama To Near-Tie In Poll

President Barack Obama's lead over Mitt Romney has narrowed to 4 percentage points from 11 points a month ago, now that Romney has established himself as the probable Republican nominee, a Reuters/Ipsos poll released Monday finds.
Miguel Angel Fernandez Ordone,  the governor of the Bank of Spain.

Spanish Bond Yields Top 6%, CDS Costs Rise

Spanish sovereign bond yields edged above 6 percent on Monday as investors grew wary of the government's continued struggles to reduce the deficit and improve labor market competitiveness.
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Buffett Rule Vote Blocked In Senate

Senate Republicans on Monday afternoon blocked President Barack Obama's Buffett Rule legislation, which would have put a 30-percent minimum tax on millionaires.
U.S. and Global Economies

Vacation Is Over, Euro Zone Crisis In 2012 Back: Roubini

Vacation is over and the euro zone crisis in 2012 is back as fundamental realities of high debt and low growth set in again, said economist Nouriel Roubini of Roubini Global Economics in a recent commentary amid rising yields for Spanish and Italian sovereign debt.
Waste Leather Collection

Dangerous Medicines Exposed In China

Yet another grim development in China's ongoing battle with poor industrial and manufacturing practices -- what do you do if the pills you take make you even sicker than before?
Egyptian President Hosni Mubarak

Egypt Sues UK Over Frozen Mubarak Assets

Egypt's Ministry of Justice filed suit against the UK Treasury department on Monday over £90 million ($140 million) in assets frozen during the rule of Hosni Mubarak.
Chinese Hacking

U.S. And China Hold Secret Cyber War Games

Last year, representatives from the State Department and the Pentagon took part in two exercises with their Chinese counterparts where they had to describe what they would do if it emerged the other side was behind the release of a sophisticated computer virus damaging national assets.
Saajid Badat

Shoe Bomber's Prison Sentence Cut For Informing

The prison sentence of would-be shoe bomber Saajid Badat was reduced by two years after he agreed to testify against Adis Medunjanin, one of the men who planned on bombing the New York City subway in 2009.
World Bank Board Opts for another American as New Chief

World Bank Selects Jim Yong Kim As President

The World Bank on Monday selected Jim Yong Kim as its next president. The World Bank presidency has gone to a U.S. candidate since the organization was founded at the Bretton Woods conference.
Ahmadinejad

Iran Nuclear Talks: Round Two In Baghdad

The round of nuclear negotiations between Iran and six world powers will take place in Baghdad, Iraq late next month. Following Saturday's discussions in Turkey, Tehran agreed to hold more talks, a landmark step after years of stalled negotiations around the Islamic Republic's developing nuclear program.

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