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Karzai rival sets ultimatum ahead of Afghan run-off

President Hamid Karzai's rival in a November 7 run-off presidential vote demanded on Monday that Afghanistan's chief election official be sacked, laying out a ultimatum that could complicate the pre-election process.
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EU may force BA, AA to give up air slots

British Airways , American Airlines and Iberia may have to give up take-off and landing slots for their Oneworld trans-atlantic alliance to go ahead, the Financial Times reported on Monday.
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Singh to Wen: Dalai Lama an honored guest

India's Prime Minister Manmohan Singh rebuffed China's wishes that it bar the Dalai Lama from traveling to a disputed border area, telling Chinese Premier Wen Jiabao the Tibetan spiritual leader was an honored guest.
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British police pursuing leads in Lockerbie case

Police are following several lines of inquiry into the Lockerbie bombing focusing on possible accomplices of convicted former Libyan agent Abdel Basset al-Megrahi, Scottish authorities said on Sunday.
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Asian leaders seek to reduce Western trade ties

Asia-Pacific leaders called on Sunday for regional-wide free trade and other measures to reduce dependence on the United States and big Western markets as Asia leads the way out of the global economic downturn.
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U.N. experts inspect Iran's new nuclear site

A team from the U.N. nuclear watchdog inspected a nuclear site in Iran on Sunday that has heightened Western fears of a covert program to develop atomic bombs, the semi-official Mehr news agency reported.
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Suicide bombs kill 132 in Baghdad

Two suicide bombs tore through Baghdad on Sunday, killing 132 people, wounding more than 500 and leaving mangled bodies and cars on the streets in one of Iraq's deadliest days this year, police said.
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Merkel promises tax relief but financing unclear

Chancellor Angela Merkel sealed a coalition deal with the Free Democrats (FDP) on Saturday, promising to revive the German economy with billions of euros in tax relief but failing to spell out how the government will pay for the cuts.
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What is the East Asia Summit all about?

The East Asia Summit, bringing together the 10-member Association of South-East Asian Nations (ASEAN) and six dialogue partners, will be held in the Thai seaside resort of Hua Hin on Sunday.
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Japan pushes for East Asia bloc

Japan's prime minister backed a U.S. role for a proposed EU-style Asian community on Saturday, telling Southeast Asian leaders Tokyo's alliance with Washington was at the heart of its diplomacy.
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Taliban threaten Afghan run-off vote

The Taliban called on Afghans on Saturday to boycott next month's presidential election run-off and vowed to disrupt voting in a repeat of their threat to derail the disputed first round.
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Iran hardline lawmakers carp nuclear fuel deal

Influential Iranian lawmakers on Saturday criticised a U.N.-drafted agreement that requires Tehran to send its atomic stockpile abroad for further processing, the student news agency ISNA reported.
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Health reform a slow moving freight train

Health reform negotiations have moved behind closed doors in Congress, but chances are high that a bill will pass this year -- even if it doesn't do all that much to revamp the nation's swelling $2.5 trillion health care system.
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Companies still hoard cash

Revitalized credit markets have cast a funding lifeline to U.S. companies and banks, but many companies are still hoarding their cash, a practice that may delay a full-fledged recovery.
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Central banks pressured to maintain loose policy

Central banks that worked hand in hand with governments to contain the financial crisis may succumb to political pressure and delay unwinding ultra-loose monetary policy, risking igniting inflation and speculative bubbles.
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Iran ignores U.N. nuclear deadline

Iran ignored a U.N. deadline on Friday to respond to an international draft deal for it to cut an atomic stockpile the West fears could be used for weapons, and challenged the basis of the pact.
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Karzai says wants better Afghan election run-off

Afghanistan's Hamid Karzai said he wanted a better and cleaner presidential election run-off in November to bring stability at a time when Taliban violence is at its worst in eight years of war.
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Russia agrees to Iran nuclear deal: Lavrov

Russia has agreed to proposals by the U.N. nuclear watchdog to help reduce Iran's stockpile of low-enriched uranium, Russian Foreign Minister Sergei Lavrov said on Friday.
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Trade row hangs over ASEAN summit, security tight

A trade row between Thailand and the Philippines threatened to derail a regional free trade pact on Friday, as hosts Thailand cast tight security over an Asian summit twice postponed due to anti-government protests.
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President Hu talks with Obama on climate deal

Chinese President Hu Jintao, made the fifth phone conversation with U.S. President Barack Obama Wednesday. President Hu expressed his confidence that a positive outcome at the upcoming Copenhagen world climate summit in December could be provided improvement in bilateral relations and faced the weather pattern challenge.
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New bill on too big to fail fix seen Monday

The administration plans to send Congress on Monday new draft legislation that would give the government authority to dismantle large financial companies that get into crises, U.S. Representative Barney Frank said on Friday.
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Japan PM says no need to rush U.S. base decision

Japanese Prime Minister Yukio Hatoyama said on Friday there was no need to rush a decision that could stall a realignment of U.S. troops in the country, as tension grows over an issue that could fray ties with Washington.
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Iran fails to accept U.N.-drafted nuclear deal

Iran on Friday failed to accept a U.N.-drafted plan for it to cut a stockpile of nuclear fuel that the West fears could be used for weapons, instead calling for responses to its own proposal.
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Suicide bomber kills eight in Pakistan

A Taliban suicide bomber killed eight people outside a key Pakistani airforce facility Friday, with officials quick to deny suggestions the target was linked to the country's nuclear program.
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Behind the Fed's move to regulate Wall St pay

Interviews with dozens of lobbyists, banking industry insiders, and high-level regulators suggests that the Fed incursion into excessive pay stems more from political expediency than financial concerns. This, many say, raises serious questions about the central bank's independence.

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