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Solyndra Bankruptcy: Company Violated Loan Terms, But Got More Federal Money

A sign at the entrance to the headquarters of bankrupt Solyndra LLC is shown in Fremont
In December, the U.S. Department of Energy learned that Solyndra was violating its federal loan deal, technically defaulting on its $535 million loan; the department, however, changed the loan terms in order for the solar company to continue receiving taxpayer funds, federal officials confirmed Wednesday.
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Women Banned from Driving in Saudi Arabia

Saudi Woman Spared Lashing

In Saudi Arabia, the woman sentenced to flogging for driving a car has been pardoned by King Abdullah.
Amanda Knox

Knox crucified in murder case, lawyer says

American student Amanda Knox was a naive young woman publicly crucified and impaled to justify wrongly imprisoning her for murder, her lawyer told an Italian court on Thursday.
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China Hit by Typhoon Nesat

Typhoon Nesat hit Hainan Island in South China on Thursday after it had struck Hong Kong forcing markets, schools and businesses to close in one of Asia's most important financial centers.
Trade Minister Anand Sharma in New Delhi December 14, 2009. Sharma said on Tuesday a dispute over restrictions on the import of Chinese telecoms equipment will not hurt commercial ties between the world's two fastest-growing economies.

India Says Agrees to Boost Trade With Pakistan

India and Pakistan agreed on Wednesday to further liberalise trade flows with tentative moves such as opening a second customs post and issuing more visas, seen as bolstering a fragile peace process between the two nuclear-armed rivals.

Supermarket FDI Plan Moving 'Very Fast'

India is moving quickly on a plan to open its $450 billion retail sector to global players such as Wal-Mart, the country's industry secretary said on Wednesday, in a sign the government may be pressing ahead with a key reform.
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High Energy Prices Limit India Monetary Policy - RBI Deputy Gov

Global energy prices that have remained steadily high restrict the elbow room for monetary policy response, deputy governor of the Reserve Bank of India said, highlighting the uphill task the bank faces in its fight against stubbornly high inflation.
German Chancellor Merkel speaks during a ceremony of BVG in Karlsruhe

Merkel Faces Biggest Test Yet in Bundestag Euro Vote

German Chancellor Angela Merkel faces a battle for her political survival on Thursday when some of her coalition, worried about throwing good money after bad by bailing out Greece, could humiliate her in a parliament vote on euro-zone rescue schemes.
Berkshire Hathaway Chairman Warren Buffett

Poll Shows Strong, Bipartisan Support for 'Buffett Rule'

A survey by Daily Kos/Service Employees International Union found that 66 percent of Republicans and 52 percent of self-described Tea Party faction members support raising the tax rate on individuals making more than $1 million a year.
Minority, coalition are options in Ontario vote

Minority, coalition are options in Ontario vote

Polls point to a minority government in Canada's economic powerhouse of Ontario after provincial elections next week, amid disillusionment with the ruling Liberals and disappointment with their main rivals.
Iranian President Ahmadinejad speaks during ceremony to mark Fourth National Anniversary of Nuclear Technology, in Tehran

Youcef Nadarkhani: Christian Pastor's Execution Looms in Iran

Youcef Nadarkhani, a Christian pastor in Iran, faces the death penalty if he refuses to convert to Islam. Nadarkhani, who was arrested in 2009, has been given three chances to repent and convert to Islam. All three times he has refused. Nadarkhani will be given his fourth and final chance to give up Christianity on Wednesday, which he again declined.

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