Wednesday, August 22, 2012

seenewstoday.com : Top News updates

Egypt asks IMF for $4.8 bln loan
IMF managing director Christine Lagarde to Cairo meets with both President Mohamed MorsiEgypt 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
In this image released by the office of the Egyptian Presidency, International Monetary Fund Chief Christine Lagarde, second right, meets with Egyptian President Mohammed Morsi, right, in Cairo, Egypt, Wednesday, Aug. 22, 2012. Egypt's prime minister says his country has formally asked the International Monetary Fund for a $4.8 billion loan to help boost its battered economy, and that he expects to reach a deal by the end of the year. (AP Photo/Egyptian Presidency)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
Protesters rallied outside the government headquartersDozens 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
President Jacob Zuma denied claims the government gave the order to kill striking minersSouth 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
UN Secretary-General Ban speaks at a joint news conference with Britain's Foreign Secretary Hague at the Foreign Secretary's official residence in LondonUNITED 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
IAEA Director General Amano enters the IAEA headquarters in ViennaHELSINKI (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
Foreign Minister Ali Akbar Salehi says more than 100 countries want to attend the summitIran 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
Vendors wait for customers at a Moscow market, Russia, Wednesday, Aug. 22, 2012.On Wednesday Russia joins the World Trade Organization, 19 years after it first began negotiating entry into the group, which restricts import duties and subsidies in an attempt to create a truly level playing field for international trade. While consumers here are expected to benefit from the lower cost of imported goods, some worry that struggling industries long coddled by state subsidies, like agriculture and the automobile industry, would suffer from foreign competition. (AP Photo/Misha Japaridze)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
Turkish Cypriot businessman Asil Nadir arrives with his wife Nur at the Old Bailey courthouse in LondonLONDON (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
Turkish Cypriot businessman Asil Nadir arrives at the Old Bailey courthouse in LondonLONDON (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 Yoshihiko Noda, right, talks with the leaders of the anti-nuclear protest at the prime minister's official residence in Tokyo, Japan, Wednesday, Aug. 22, 2012. Prime Minister Noda has invited leaders of weekly anti-nuclear protests outside his office for a rare meeting, allowing them inside the complex for the first time. (AP Photo/Kyodo News) JAPAN OUT, MANDATORY CREDIT, NO LICENSING IN CHINA, HONG KONG, JAPAN, SOUTH KOREA AND FRANCEJapan'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
Maasai Mara is one of the world's most famous safari destinationsTwo 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.


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