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Saudi king back home, orders $37 bln in handouts

Saudi King Abdullah returned home on Wednesday after a three-month medical absence and unveiled benefits for Saudis worth some $37 billion (23 billion pounds) in an apparent bid to insulate the world's top oil exporter from an Arab protest wave.

Thousands march against India's embattled government

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At least 100,000 trade unionists marched through the Indian capital on Wednesday in a protest against high food prices and unemployment, piling pressure on an administration under fire over corruption scandals.
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Greek police clash with anti-austerity protesters

Greek police clashed with protesters Wednesday as around 100,000 workers, pensioners and students marched to parliament in protest at austerity policies aimed at helping Greece cope with a huge debt crisis.
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Nigeria's parliament begins oil reform debate

Nigeria's parliament has begun a detailed debate of the latest version of long-delayed reforms to Africa's biggest energy industry, just two months ahead of elections, the head of the state oil company said on Wednesday.
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World govts send planes, ships for Libya evacuation

Governments around the world scrambled on Wednesday to send planes and ships to evacuate their citizens from turmoil in Libya, whose leader Muammar Gaddafi has vowed to crush a revolt against his 41-year rule.
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Italy says 1,000 killed in Libya

Muammar Gaddafi's attempts to crush a revolt against his four-decade rule have killed as many as 1,000 people and split Libya, Italy's Foreign Minister said on Wednesday.
Special Report: In Africa, can Brazil be the anti-China?

Special Report: In Africa, can Brazil be the anti-China?

In the muggy forest of central Liberia, a gang of workers is inching its way along a railway track, cut long and straight through an otherwise impenetrable mesh of trees and vines. The drone of insects is interrupted by a high-pitched drill and the clang of hammers as workers put the finishing touches to the perfectly aligned steel tracks.
Joseph Stiglitz

US austerity is really foolish: Stiglitz

US “austerity is really foolish,” said famed economist and Nobel laureate Joseph Stiglitz in his office at Columbia University, in an interview with IBTimes.
Saudi King Abdullah welcomes Bahraini King Hamad bin Isa al-Khalifa on his arrival at Riyadh Airport

Saudi king offers billions in benefits to subjects

In an obvious attempt to prevent the kind of anti-government rebellion sweeping across the Middle East, the king of Saudi Arabia, Abdullah bin Abdul-Aziz, has proposed increased benefits for his subjects, state television reported.
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Stiff challenges await new Chicago mayor Rahm Emanuel

The former White House Chief of Staff elected to the post of mayor in Chicago has inherited a fair share of thorns with the crown, as the city struggles under severe financial crisis and a host of other issues.
2011 Libyan Revolt creates mayhem and chaos (PHOTOS)

2011 Libyan Revolt creates mayhem and chaos (PHOTOS)

After the Tunisian and Egypt revolution, it is Libya in the news this time. A state of unrest and chaos prevailed in the North African state of Libya as protests grew against its government and head of state, Muammar al-Gaddafi.
Russia's WTO membership faces hurdles: report

Russia's WTO membership faces hurdles: report

Russia's membership in the World Trade Organization (WTO) will be in focus as Prime Minister Vladimir Putin meets European Union leaders on Thursday, but business leaders and trade officials from the U.S., EU and the WTO think Russia's entry is going to be difficult, the Wall Street Journal has reported.
The Indiana State Capitol Building is seen in downtown Indianapolis on June 14, 2008.

Indiana Dems take Wisconsin Lead, Flee the State: Report

Indiana Democrats are imitating their Wisconsin peers and have reportedly refused to show up for a vote. Members of the state of Indiana's House of Representatives are headed to neighboring Illinois to avoid a vote anti-union legislation, according to a report.

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