WORLD

China to stay a low-key gambler in Middle East

China to stay a low-key gambler in Middle East

Even with Middle Eastern tumult tearing down governments and pushing up oil prices, China will stay a restrained regional player, reluctant to gamble a growing pile of economic chips for uncertain political gains.

U.S. ambassador to China decries violence against media

U.S. ambassador to China decries violence against media
The U.S. ambassador to China, who is considering a run for the White House, on Monday condemned the harassment and beating of some foreign reporters who went to cover a planned protest gathering against the government.

China's US Treasuries holdings revised to $1.16 trln

The U.S. government owes nearly a third more money to China than previously thought, the Treasury Department said on Monday as it revised Beijing's December holdings of U.S. Treasury debt sharply higher to $1.160 trillion.
Britain's Prime Minister David Cameron

Britain may arm Libyan rebels

During an exchange in the British House of Commons, Prime Minister David Cameron said that his number one priority is to remove Moammar Gaddafi from power and that his government may arm the opposition in Libya, according to The Financial Times.
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A man holds a picture of Libya's leader Muammar Gaddafi from the window of a bank in Sabratha

“My people love me”: Gaddafi

In an interview with BBC, Gaddafi claims he is loved by all of his people and denied that any anti-government protests have occurred in the capitol, Tripoli, which remains a Gaddafi stronghold.
World Water Day 2012: Less Water, Less Food

February rains good for Ivorian cocoa mid-crop

Rains mixed with good sunny spells last week in most of Ivory Coast's cocoa growing regions would help the development of the April to September mid-crop, farmers and analysts said on Monday.
Nigeria

Nigeria's AMCON on track to soak up all bad loans

Nigeria's state asset management company said on Monday it was set to start the second round of non-performing loan purchases from the banking sector and was on track to soak up all bad credit by the end of next month.
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S.Africa yield spread at record high, stocks gain

South Africa's government bond curve steepened again on Monday with the yield spread between shorter and longer-dated debt hitting a record high as dealers positioned ahead of a debt auction on Tuesday.
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Tanzania says close to $400 mln power project loan

Tanzania is close to concluding a $400 million loan to finance a 200 megawatts coal-fired power project amidst chronic energy shortages in east Africa's second largest economy, the president said on Monday.

Iran blames broken pump for atom fuel removal

Iran is believed to have told the U.N. atomic watchdog a broken pump is forcing it to remove fuel from its first nuclear power reactor, a new setback for the $1 billion (615 million pounds) project, experts familiar with the issue said on Monday.
German Chancellor Angela Merkel and Defence Minister Karl-Theodor zu Guttenberg

Merkel's party holds slim lead before state vote

Chancellor Angela Merkel's centre-right coalition holds a narrowing one-point lead over the centre-left opposition in Baden-Wuerttemberg one month before the key state election, according to a poll published on Monday.
Bahraini Shi'ite men shout anti-government slogans as they protest outside the parliament in Bahraini capital of Manama

Bahraini protesters move to parliament building

Bahrainis campaigning for democratic reforms in the Gulf Arab state staged a protest outside the U.S. ally's parliament building on Monday, demanding that all its members resign over protester deaths.
Oman's leader Sultan Qaboos bin Said

Oman protests spread, road to port blocked

Demonstrators blocked roads to a main port in northern Oman and looted a nearby supermarket on Monday, part of protests to demand more jobs and political reform that have spread to the sultanate's capital.
SEPTA railcar

A new type of culture clash: American workers vs. foreign managers

While Republican lawmakers in Wisconsin and certain other states are seeking to curtail the power and influence of public sector unions, a different kind of labor dispute is taking place in Philadelphia which may be an augur for U.S. employee-management relations in the future.
Anti-government rebels dry ammunition in a base for training and recruiting rebels for the army in Benghazi February 28, 2011.

U.S. in contact with anti-government Libyans

Secretary of State Hillary Clinton said on Sunday that that the United States is reaching out different Libyans as the Obama administration calls for Libyan leader Muammar Gaddafi to leave the country.
Army soldiers remove makeshift shelters and clear Tahrir Square in Cairo

Risk Aversion Has Been Well Contained

Despite the fact that volatility has increased since the start of the Egyptian crisis on January 25th, true risk aversion seems to have been well contained.
France's Foreign Minister Alliot-Marie attends the questions to the government session at the National Assembly in Paris

France to send medical aid to Libyan opposition

Smarting from criticism that some of its top officials have had too cozy a relationship with foreign despots, the French government said it is sending medical aid via airplanes to Benghazi in eastern Libya to help groups opposed to Moammar Gaddafi.
Bernard Madoff walks back to his apartment in New York

Select quotes from Bernard Madoff in magazine interview

Convicted hedge fund swindler Bernard Madoff gave an interview to New York Magazine, in which he discussed a number of subjects, including government regulatory reform, prison life and his family. Here are some choice quotes from the interview:
Bahraini Shi'ite men shout anti-government slogans as they protests outside the parliament in Bahraini capital of Manama, February 28, 2011.

Bahrain protesters blockade parliament

Bahraini protesters blockaded the parliament building on Monday two weeks after the Shiite uprising started, demanding political reform in the country and an end to alleged discrimination at the hands of the Sunni ruling class.
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Sudan clamps down on election protest

Sudanese riot police and security agents surrounded organisers of a protest against alleged election fraud on Sunday, witnesses said, in the latest sign of a clampdown following uprisings across the Arab world.
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Tunisian prime minister resigns amid protests

Tunisian Prime Minister Mohamed Ghannouchi resigned on Sunday after violent protests over his ties to the North African state's toppled former leader, triggering street celebrations in central Tunis.
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Clashes kill 10 in Sudan's Abyei flashpoint: officials

At least 10 people were killed in clashes between Arab nomads, militia fighters and police in Sudan's flashpoint Abyei region, officials said, in the first report of significant violence since a tentative peace deal.
Amr Moussa

Egypt's Moussa indicates will run for president

Veteran Egyptian diplomat Amr Moussa said on Sunday he intends to run for president, a post held for three decades by Hosni Mubarak until he was toppled from power by a mass uprising this month.

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