WORLD

Strauss-Kahn’s Golden Parachute from IMF

Dominique Strauss-Kahn will receive an annual pension in excess of $318,000 from the International Monetary Fund (IMF) after having resigned as its chief as he prepares for a rape trial in New York, according to a report from ABC News.
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President Obama touts American values

Using a region in upheaval as the impetus behind his “Arab spring” speech, President Barack Obama saw to it that the world knew just what it is that America values.
U.S. Secretary of State Clinton with Netanyahu and Abbas during peace talks in Washington

Tense meeting anticipated at White House

Some prominent Israeli reporters who are accompanying the Egyptian Prime Minister Benjamin Netanyahu on his trip to Washington, has predicted a stormy meeting between him and the US President. Netanyahu and Obama are scheduled for talks at the White House on Friday.

After Strauss-Kahn, IMF should go for fundamental strategy rethink: AEI

History will remember Dominique Strauss-Kahn as a man who put the International Monetary Fund (IMF) on the road to decline, and that the new leadership should bring about a fundamental rethink of the fund's economic programs for the European periphery, leading think tank American Enterprise Institute has said.

Europe soon to name Strauss-Kahn successor

German Finance Minister Wolfgang Schaeuble announced on Friday that Europe will soon decide on a candidate to become the next chief of the International Monetary Fund (IMF), reports said
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Bahrain tightens rules, gives stringent jail terms

The policeman was kidnapped on his way to work, he was taken in a car and paraded around Pearl roundabout and then they took him to Salmanyah Hospital where he was held hostage said a government spokesman, when asked about the incidence.

Rare images of tsunami striking Fukushima Nuclear Plant (PHOTOS)

It's been more than two months since 8.9 magnitude earthquakes struck Japan and took a toll on Japanese people and crippled the economy. Various relief measures are underway at various stages to restore normalcy in the ravaged island nation with aid flowing in from various quarters and volunteers pledging their support to restore the lives.

Refugees fleeing Syria face border shut down

TRIPOLI- The Syrian refugees fleeing to northern Lebanon were stopped on Thursday, as the Syrian and Lebanese authorities set out to close the border, a local media reported.

Bomb in Pehawar hits US consulate car

A roadside bomb exploded near US consulate vehicle carrying Americans in the northwestern Pakistani city of Peshawar, killing one local person and injuring others, an embassy spokesman told Reuters on Friday.

27 killed in Iraqi twin bomb explosion

At least 27 people were killed and around a hundred wounded when a bomb hidden in a car exploded in a parking lot outside the main police offices in the oil-rich city of Kirkuk in northern Iraq on Thursday.

Who gets $25-million bounty on Bin Laden's head? No one, says US

The million-dollar question surrounding the killing of terror master mind Osama Bin Laden seems to have been answered. According to reports, the U.S. government will not pay out the $25 million reward the Department of State had announced years ago for anyone giving clues leading to his capture.

Top Six UFO sighting places in the world (PHOTOS)

As Annie Jacobsen's new book, AREA 51: An Uncensored History of America's Top Secret Military Base, is to hit shelves in few days, various media reports are suggesting the major hot spots for UFOs around the world.

Strauss-Kahn gets $1 million bail, but trapped at home

Dominique Strauss-Kahn was granted bail Thursday afternoon after spending over four days in Riker's New York jail for allegations on sexually assaulting a hotel maid. Judge Michael Obus offered to remove Strauss-Kahn from the prison cell after a if it was agreed that he post a $1 million bail.

TEPCO President steps down amid record loss

Tokyo Electric Power Co is likely to book about a 1 trillion yen ($12.3 billion) net loss for its fiscal year that ended in March due to losses from the accident at its Fukushima Daiichi nuclear plant.

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