The United States and India sought Wednesday to dispel doubts over their relationship as a US company signed a deal on nuclear power — an area emblematic of disappointment between the countries. US Secretary of State Hillary Clinton, holding annual
(AP) US braces for tsunami debris, but impact unclearBy BECKY BOHRER and AUDREY McAVOYAssociated PressJUNEAU, AlaskaMore than a year after a tsunami devastated Japan, killing thousands of people and washing millions of tons of debris into the Pacific Ocean, the
I have great fondness for Estonia, in part because it was the first post-communist nation to adopt the flat tax, but also because of the country’s remarkable scenery. Most recently, though, I’ve been bragging about Estonia (along with Latvia and Lithuania, the
Japan said Wednesday Europe must act “responsibly” to solve the debt crisis that is wracking the world economy after G7 finance ministers ramped up pressure on the continent’s leaders. Japanese Finance Minister Jun Azumi said politicians needed to move to
At the last BRICS summit held in March in New Delhi, development banks of the participating countries agreed on a proposal to extend credit in local currency for trade, project financing and infrastructure projects. So far, no clear mechanism on
(AP) Spain fears hit stocks, push euro near 2-year lowsBy PAN PYLASAP Business WriterLONDONMounting concerns about Spain’s worsening economic and financial condition and doubts over Europe’s ability to bail out the country dragged stock markets and the euro sharply lower
(AP) Japan minister visits nuke plant amid safety worryBy MARI YAMAGUCHIAssociated PressTOKYOJapan’s environment and nuclear minister visited the tsunami-crippled Fukushima Dai-ichi nuclear power plant on Saturday to inspect a spent fuel pool at the center of safety concerns and said
NEW YORK (Reuters) – China can now bypass Wall Street when buying U.S. government debt and go straight to the U.S. Treasury, in what is the Treasury’s first-ever direct relationship with a foreign government, according to documents viewed by Reuters.
(AP) TOKYO The world’s tallest tower and Japan’s biggest new landmark, the Tokyo Skytree, opened to the public on Tuesday. Nearly 8,000 visitors were expected to take high-speed elevators up to the observation decks of the 634-meter (2,080-foot) tower to
The youngest B-52 bomber rolled off the assembly line 50 years ago. Remarkably, it’s still flying. Like many of the aircraft still used by the U.S. Air Force, the B-52 is a telltale example of America’s geriatric aviation force. At
(AFP) Arthouse directors and Hollywood royalty will converge on the French Riviera for two weeks from Wednesday as the Cannes Film Festival rolls out the red carpet for the giants and mavericks of the movie galaxy. David Cronenberg, Ken Loach
By MATTHEW PENNINGTONAssociated PressWASHINGTONChina’s assertive behavior is breathing life into America’s historically tumultuous relationship with the Philippines. With Washington turning its attention more to the Asia-Pacific region, the U.S. and the Philippines last week held the first joint meeting of
Tens of thousands of people flocked to South Korea’s 2012 international expo Saturday on the first day of the three-month show with the theme of “The Living Ocean and Coast”. The southern coastal city of Yeosu opened Expo 2012 to
By DON MELVIN and ROD McGUIRKAssociated PressIn Europe, where more than 200,000 people thronged a Berlin rally in 2008 to hear Barack Obama speak, there’s disappointment that he hasn’t kept his promise to close the military prison at Guantanamo Bay,
China has impounded Philippine fruit exports alleged to carry pests, squeezing a key industry amid a tense stand-off between the two countries over disputed territory, a Philippine official said. Manila newspapers on Saturday reported tonnes of Philippine bananas were rotting
South Korea’s president on Friday opened an international expo at a glittering hi-tech venue with a huge seafront display of fireworks and lasers. After four years of preparation and $10 billion investment, a 2,000-strong crowd — including foreign delegates —
The United States opened its banking market to China’s biggest bank ICBC, for the first time clearing a takeover of a US bank by a Chinese state-controlled company. Just days after high-level US-China economic talks in Beijing, the Federal Reserve
By PAMELA SAMPSONAP Business WriterBANGKOKWorld stock markets fell Wednesday, with Japan’s Nikkei closing at a three-month low, as political turmoil in Greece pushed the debt-crippled country closer to financial disaster. European stock markets opened mostly lower after losses in Asia
China said Monday it was ready to work with France after the election of Socialist Francois Hollande as president, amid concerns his victory could derail Paris’s deficit-cutting plan. The 57-year-old Socialist won power Sunday in a close race against incumbent
Japan’s Foreign Minister Koichiro Gemba has urged Israel to exercise “patience” on Iran’s nuclear programme and give sanctions a chance to work, his spokesman said on Wednesday. Gemba, who arrived in Israel on Tuesday, met Prime Minister Benjamin Netanyahu and
(AP) US growth too sluggish to drive down unemploymentBy PAUL WISEMAN and CHRISTOPHER S. RUGABERAP Economics WritersWASHINGTONThe U.S. economy grew more slowly in the first three months of this year. Governments spent less, and businesses cut back on investment. But
European stock markets were mostly lower on Thursday on downbeat earnings from major banks while the euro rose against the dollar after the US Federal Reserve’s latest economic outlook, traders said. In midday deals, Frankfurt’s DAX 30 index shed 0.57
I don’t know about your home, but at Castle Leigh, the first channel we always check out on ye olde flat-screen is Turner Classic Movies. (Just nod if you understand. To those who don’t have the habit yet, I can
Host nation Great Britain will kick off the Olympic football tournament against Senegal at Manchester United’s Old Trafford ground on July 26 following the draw made at Wembley here on Tuesday. Senegal became the final men’s team to clinch their
Asian markets slipped lower Monday as slightly improved manufacturing data from China failed to dampen fears of a slowdown in the world’s number two economy, as markets took a bearish view. Tokyo gave up early gains to close down 0.20
