WORLD

Syrian and Palestinian activists hold candles during a candlelight in support of the protests in Egypt in front of the Egyptian embassy in Damascus

Syria lifts ban of Facebook

The government of Syria has agreed to life a five-year bank on Facebook in what is most likely a concession to its people amidst growing discontent across the Arab world over state repression.

Prosecutors to seek sex trial for Berlusconi

Silvio Berlusconi
Italian prosecutors will on Wednesday seek an immediate trial for Prime Minister Silvio Berlusconi, accused of paying for sex with an under-age girl and intervening improperly to have her released from police custody.
Korean

Rival Koreas meet for talks as tensions ease

The rival Koreas held their first talks since a deadly attack on a South Korean island last year amid signs of a thaw in tensions as momentum builds for a resumption of aid-for-disarmament negotiations.
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Egyptian

Egyptians stage big protest and dismiss power plan

Egyptians staged one of their biggest protests yet Tuesday demanding President Hosni Mubarak step down now, their wrath undiminished by the vice president's announcement of a plan to transfer power.
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Gunshots heard in centre of Tunis: witnesses

Gunshots were fired in the centre of the Tunisian capital on Tuesday, people in the area said, in a new blow to faltering efforts to restore security after the overthrow of the autocratic president.
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Ivorian Treasury building on fire: Reuters witness

At least two floors of Ivory Coast's multi-storey Treasury building were in flames on Tuesday as emergency services attempted to douse the fire and crowds formed nearby, according to a Reuters witness.
anti-government

Egyptians stage big protest, dismiss power plan

Egyptians staged one of their biggest protests yet on Tuesday demanding President Hosni Mubarak step down now, their wrath undiminished by the vice president's announcement of a plan to transfer power.
Asia-Pacific at risk from climate migration: ADB

Asia-Pacific at risk from climate migration: ADB

Governments in the Asia-Pacific region face the risk of unprecedented numbers of people displaced by floods, storms and other impacts of climate change, the Asian Development Bank (ADB) said in a report on Monday.
FCC Chairman Julius Genachowski

FCC Considers Changes In Universal Service Fund

As part of its strategy to bring broadband service to rural areas, the Federal Communications Commission will decide today how to reform the Universal Service Fund, set up in the 1930s to fund networks in underserved areas.
Britain's Finance Minister Osborne

Britain hikes bank levy

The British government said it will increase the levy on banks by £800-million to £2.5-billion this year – and that it will be permanent.

China raises interest rates, on receiving end of Federal Reserve

China raised interest rates for the third time since the height of the financial crisis in response to accelerating consumer and asset inflation. The inflation rate and the interest rate hikes in the country are stages of a normal economic cycle, although it's happening with an international twist.
US Airforce

Northrop Grumman sees India sealing $11 bln deal in '11

U.S. defence contractor Northrop Grumman expects India to seal a deal to spend $11 billion on new fighter jets by the end of this year, as it supplies fuselage and radars to manufacturers bidding for the order, an executive said on Monday.
India's Prime Minister Manmohan Singh attends the Indian labor conference in New Delhi November 23, 2010

India govt hit by two new telecom scandals - reports

India is probing two new cases involving the allocation of telecoms spectrum, increasing the pressure on Prime Minister Manmohan Singh's government already hit by a telecoms graft scandal, local media reported on Tuesday.
Southern Sudan Referendum Commission (SSRC) chairperson Mohamed Ibrahim Khalil (L) hands out the results of the referendum to Sudan's President Omar Hassan Al Bashir.

Violence, repression remain as Sudan splits

Even as results of a landmark vote show the people of Southern Sudan have decided to form a new nation and international leaders congratulate them, recent reported violent incidents in the North and South indicate that peace in the embattled nation is fragile.
FCC Chairman Julius Genachowski

FCC: One-Third Of Americans Aren’t Online

Speaking at the Information Technology and Innovation Foundation event in Washington, F.C.C. Chairman Julius Genachowski said the U.S. needs to take action on its broadband problem.
FDIC Chairman Sheila Bair

FDIC proposes curbs on bankers bonuses

The Federal Deposit Insurance Corp. (FDIC) has proposed new rules that will mandate large financial institutions to delay payment of 50 percent of executive bonuses for a period of three years in order to discourage risky financial activities.

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