Egypt asks IMF for $4.8 bln loan
Egypt on Wednesday asked for $4.8 billion in aid from the International Monetary Fund to help boost the country's economy, the prime minister said.
Egypt requests IMF for $4.8 billion loan
Egypt on Wednesday formally asked the International Monetary Fund for a $4.8 billion loan to boost the country's sagging economy, and said it expects to reach a final agreement by the end of the year.
At least 30 children injured in southern German highway crash
BERLIN – German police say at least 30 children have been injured, some of them seriously, after a bus they were travelling in overturned on a southern highway.
Tunisia journalists protest against Islamist govt
Dozens of journalists protested in Tunis on Wednesday, accusing the Islamist-led government of seeking to take control of a press group, after the appointment of a controversial new director.
Japan's PM meets leaders of anti-nuke protests but rejects demand that plants stay shuttered
TOKYO – Japan’s prime minister met for the first time with leaders of weekly anti-nuclear protests Wednesday but rejected their demand that two recently restarted nuclear plants should be shut again.
Job stress doubles diabetes risk in women
Work stress doubles the risk of developing diabetes for women who have little or no control over what they do on the job, according to a new Canadian study.
S. Africa's Zuma meets striking Lonmin mineworkers
South Africa's President Jacob Zuma Wednesday met with Lonmin mineworkers on a wildcat strike which saw 34 killed by police last week, in the worst day of violence since apartheid.
U.N. chief defies U.S., Israel; plans trip to Tehran
UNITED NATIONS (Reuters) – U.N. Secretary-General Ban Ki-moon plans to attend a summit meeting of leaders of non-aligned developing nations in Tehran next week, defying calls from the United States and Israel to boycott the event, U.N. diplomats said on Wednesday. A spokesman for Iran's U.N. mission said it appeared that Ban would be attending the summit next week, though he declined to speak on behalf of the secretary-general's office. Several other U.N. …
Machete-wielding raiders torch Kenyan village, kill 48
MOMBASA, Kenya (Reuters) – Attackers armed with machetes, bows and arrows and spears locked Kenyan villagers in their houses, set the structures alight and killed anyone who tried to escape, leaving at least 48 dead overnight, police and aid workers said. The raid in Kenya’s coastal region was part of a long-running dispute between the area’s Pokomo and Orma groups over grazing land and water, said police. “They were armed with crude weapons: machetes, bows and arrows and spears. Some had guns. …
IAEA chief "not too optimistic" ahead of Iran meeting
HELSINKI (Reuters) – The head of the U.N. nuclear watchdog said on Wednesday he was not confident there would be a breakthrough with Iran over the Islamic republic's nuclear activities when talks resume later this week. The International Atomic Energy Agency (IAEA) meets Iranian officials on Friday, more than two months after previous talks ended in failure, and is expected to seek to persuade Iran to address questions about its suspected nuclear weapons research. "The reason I cannot be too optimistic is… …
Iran to host 30 leaders at 'historic' NAM summit
Iran is to host some 30 leaders, including those of India, Egypt and Cuba, at an August 30-31 summit of the Non-Aligned Movement (NAM) that officials are billing as proof the Islamic republic is not as isolated as the West would like.
Russia joins WTO after 18 years of talks
After 18 years of negotiation, Russia on Wednesday entered the World Trade Organization, which restricts import duties and subsidies in an attempt to create a level playing field for international trade.
Disgraced tycoon Nadir faces jail after 17 years on run
LONDON (Reuters) – Turkish Cypriot tycoon Asil Nadir, who jumped bail in 1993, was finally convicted in a British court on Wednesday of plundering millions from his old company to buy antiques, race horses and country houses. Nadir, who transformed the small textile company Polly Peck into one of the top British stocks of the 1980s, returned to Britain in 2010 after 17 years as a fugitive in northern Cyprus. Once one of Britain's richest men, Nadir hung Turner watercolours in his office and had two English country estates and homes in the wealthy London districts of Mayfair and Hampstead. …
Disgraced tycoon Nadir faces UK jail after 17 years on run
LONDON (Reuters) – Turkish Cypriot tycoon Asil Nadir, who jumped bail in 1993, was finally convicted in a British court on Wednesday of plundering millions from his old company to buy antiques, race horses and country houses. Nadir, who transformed the small textile company Polly Peck into one of the top British stocks of the 1980s, returned to Britain in 2010 after 17 years as a fugitive in northern Cyprus. Once one of Britain's richest men, Nadir hung Turner watercolours in his office and had two English country estates and homes in the wealthy London districts of Mayfair and Hampstead. …
Japan's PM meets protesters, won't stop reactors
Japan's prime minister met for the first time with leaders of weekly anti-nuclear protests Wednesday but rejected their demand that two recently restarted nuclear plants should be shut again.
At least four dead as tourist plane crashes in Kenya park
Two German tourists and two pilots were killed when their airplane crashed Wednesday in Kenya's renowned Maasai Mara national park, with at least three other tourists badly injured, police said.
Wednesday, August 22, 2012
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