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Cut in nuclear stockpiles proposed by Obama in talks with Russia
BERLIN - US President Barack Obama on Wednesday said he would seek talks with Russia to reduce the number of strategic nuclear weapons both hold by up to a third. Speaking in front of Berlin's iconic Brandenburg Gate during a visit to the German capital, Obama said he was confident the US could maintain its security while reducing its nuclear capacity by a third. He also called for ...
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Dalian Wand Group to enhance UK presence with luxury hotel and yacht unit
LONDON - China's largest premier commercial property and entertainment conglomerate, Dalian Wanda Group Wednesday entered into 320million pounds definite acquisition deal with leading British yacht company, Sunseeker International Ltd, under which Wanda will acquire a majority shareholding of 91.81% in pre-eminent luxury motor yacht manufacturer. Under the agreement, the remaining 8.19% ...
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Karzai says peace talks with Taliban should be Afghan led
KABUL - An angry Afghan President Hamid Karzai said Wednesday his government would not join US peace talks with the Taliban "until the peace process is totally under Afghan control." He also suspended talks with the US to discuss the nature of US military presence after international troops withdraw in 2014. A spokesman for President Hamid Karzai said the decision was taken over ...
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North Korean leader Kim used luxury yacht to tour coast, says report
SEOUL, South Korea - North Korean leader Kim Jong-un has used a luxury boat to tour the country's east coast amid indications that the 90-feet-long yacht may have been smuggled into the country in defiance of UN sanctions that bans importing of luxury items to the impoverished country. A website that tracks events in the reclusive state said the yacht, a Princess 95MY made by British-based ...
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Somalia UN office attacked and 15 killed by Islamist militants
MOGADISHU, Somalia - At least 15 people, including some United Nations workers, were killed Wednesday when a UN compound in the Somali capital came under a bomb and gun attack by Islamist militants of an Al Qaeda-linked group, a minister said. Interior Minister Abdikarim Hussein Guled in a hurriedly called press conference said that the eight slain UN workers included four foreigners working ...
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NSA director defends e-snooping claiming it helped foil 50 terror attacks foiled
WASHINGTON - The controversial US snooping of foreign emails and telephone calls has prevented more than 50 potential terrorist attacks in at least 20 countries, the director of the National Security Agency (NSA) has said in defending the surveillance programme. The targets include the New York Stock Exchange and other important installations across the world, General Keith Alexander said ...
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EU antitrust regulator fines Lundbeck and several generic drug firms
BRUSSELS - European Union in its first case over pay-for-delay deals that held back sales of cheaper generic drugs Wednesday fined Danish pharmaceutical company Lundbeck 93.8 million euros and imposed fines totaling 52.2 million euros on several other producers of generic medicines. The European Commission, the EU's antitrust regulator, said the companies had reached agreements that may ...
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Chrysler to recall 2.7 mn Jeeps but says vehicles not defective
NEW YORK - Chrysler avoided a showdown with the US government by agreeing to recall 2.7 million Jeeps with fuel tanks that could rupture and cause fires in rear-end collisions. Chrysler said it recognised the matter had raised concerns for customers The US company said it had resolved its differences with the National Highway Traffic Safety Administration (NHTSA). The recall affects ...
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Four US mortgage servicers faulted for lapses by settlement monitor
WASHINGTON - Four of the largest U.S. mortgage servicers, including Citigroup Inc (C). and Bank of America Corp., have failed to adequately upgrade their treatment of customers in danger of foreclosure, according to a court-appointed monitor. Bank of America, Citigroup, JPMorgan Chase and Wells Fargo have failed to adhere to some of the new standards set out in a landmark settlement meant to ...
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Spain making progress but requires urgent action to generate growth says IMF
MADRID - Spain risks high joblessness and sluggish growth for years unless its government together with Europe takes "urgent action' to generate growth and jobs, the International Monetary Fund stated Wednesday. "While there are signs the economic contraction may end soon, the outlook remains difficult," IMF said in its annual assessment of the Spanish economy. "But unemployment remains ...
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British High Court Quashes Sanctions On Private Iranian Bank
Britain's Supreme Court has ruled that sanctions should not have been imposed on Iran’s biggest private bank over its alleged links to Iran's nuclear weapons program. The court ruled that Bank Mellat had been arbitrarily, irrationally, and disproportionately singled out for punishment and that the sanctions should be quashed. The ruling means that the bank can now sue the ...
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First Israeli Ambassador To Turkmenistan Presents Credentials
Israel's first-ever ambassador to Turkmenistan has presented his credentials to Turkmen President Gurbanguly Berdymukhammedov. Turkmen media reported that Shemi Tzur also gave Berdymukhammedov an invitation from President Shimon Peres to visit Israel. Tzur was the second candidate Israel proposed to take up the ambassador's post in Turkmenistan. The first candidate to be ...
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PM to Ashton If Hezbollah is not a terrorist group who is
In meeting with EU foreign policy chief, PM takes swipe for not blacklisting Hezbollah; ahead of Kerry visit says EU undermining efforts by focusing on settlements; calls on EU to pressure Iran over nuclear ...
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States key witness in Bar Noar murder case disappears
The state's key witness in the Bar Noar murder case let his safe house on Thursday without telling police and has not yet been located, Tel Aviv police said Thursday.Officers are using all means at their disposal to find the man, they added, and have notified airport authorities to deal with the possibility he may try to flee the ...
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Barack Obama calls George Osborne Jeffrey
Spot the difference: George Osborne (right) was repeatedly referred to as 'Jeffrey' by US President Barack Obama, who confused him with favourite R&B singer Jeffrey Osborne ...
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A baby so premature he was back at home before his due date
But yesterday the parents of baby Callum Alexander David Evatt paid tribute to their ‘little fighter’ who has finally been allowed to come ...
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Former Springwatch star Bill Oddie says that all Rolf Harris did was cuddle his secretary
Wildlife presenter and comedian Bill Oddie has called for TV star Rolf Harris to be left alone because all he did was have a 'morning cuddle with his ...
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Younger brother of Woolwich murder suspect says MI5 and MI6 tried to recruit me
'MI5 and MI6 tried to recruit me': Younger brother of Woolwich murder suspect says 'threatening' British spies made 11 attempts to make him an ...
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Rescue operation involves 32 emergency staff after obese driver crashes into back of a bus
An obese driver was trapped in his vehicle for more than an hour as emergency services staff struggled to transfer him to a specialist ambulance for overweight ...
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John Cronin One of Britains most dangerous sex offenders back on the streets
of Britain’s most dangerous sex offenders, who once impersonated a priest to trick his way into a woman’s home and rape her, has returned to live in ...
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End of the line How children were ordered off a model train... due to health and safety
But last week the model railway at Barshaw Park in Paisley, Scotland, was brought to an abrupt standstill at the insistence of health and safety ...
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Uzbek Border Guards Kill Kyrgyz Citizen
BISHKEK -- Uzbekistan's border guards have shot dead a Kyrgyz citizen under circumstances that remain unclear. The incident happened early on June 20 near Kyrgyzstan's Aydarken border post. Kyrgyzstan's border service said only that a 37-year-old citizen of Kyrgyzstan was shot and died from his wounds. Some 200 relatives and friends of the slain man blocked the Osh-Batken ...
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Five Pakistani Army Troops Killed By Militants Near Peshawar
PESHAWAR, Pakistan -- Five Pakistani Army soldiers reportedly have been killed during an attack on their military convoy on the outskirts of Peshawar, the capital of the northwestern province of Khyber Pakhtunkhwa. RFE/RL's Radio Mashaal reports the attack came late on June 19 near Matani, a village that is an important road link between Peshawar and remote tribal areas. Bahram Khan, ...
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Detention Deaths in Chinese Corruption Cases Stir Concern
BEIJING ...
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Report Irans Rohani tied to AMIA 1994 bombing
'Washington Free Beacon' cites indictment by the Argentine government prosecutor accusing the Iranian government of directing the bombing; says Iranian president-elect connected to decision to launch ...
Asia Pacific Focus
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Asia Pacific leads world in creating wealth
The Asia Pacific region houses a higher proportion of High Net Worth Individuals (HNWIs) than any other region on earth.
The claim is part of the World Wealth Report prepared by Merrill Lynch which studied wealth effects in seventy one countries, which account for 98% of global gross income and 99% of world stock market capitalization. Read more
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