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Africa/International
Iraq’s oil expansion plan faces challenges
Hundreds of miles of mostly rusty pipelines cut across the bleak desert landscape near this southern port city under a smog-filled sky, as foreign crews in flak jackets, guarded by armed security, work nearby to extract the crude oil on…
China to lead Asian growth – World Bank
China's rapid growth should slow to 8.5 percent this year from 10 percent in 2010 but the world's second-largest economy will remain the focus of Asia's expansion, the World Bank said Thursday.
In a report on the global outlook, the bank…
Oil price gains towards $92 per barrel
Oil extended gains on Thursday to hold under $92 a barrel, buoyed by signs of higher demand after U.S. crude stockpiles fell more than expected and a cold snap swept through the U.S. Northeast, the region's largest heating oil market.…
Euro steadies as more debt auctions
The euro was stable on Thursday and could head higher if Spain and Italy like Portugal also find decent demand for their debt, while U.S. oil prices marched above $92 a barrel, potentially straining consumers watching food prices climb.…
US housing prices to fall – Economist
U.S. housing prices overall are expected to hit bottom by spring 2011 and begin a gradual rise in 2012, Frank Nothaft, chief economist and vice president of housing lender Freddie Mac said on Wednesday.
"I do think we'll see these housing…
Obama tells Americans to talk to each other ‘in a way that heals’
President Obama, facing the challenge of consoling Arizona and uniting the nation, urged Americans on Wednesday not to point fingers of blame but to "expand our moral imaginations" and to "sharpen our instincts for empathy."
Speaking at…
Assange says WikiLeaks will speed up release of documents
WikiLeaks founder Julian Assange vowed Tuesday to step up his site's release of secret documents while he fights extradition to Sweden, as his lawyers argued that sending him to Stockholm could land him in Guantanamo Bay or even on U.S.…
Common painkillers said to pose stroke risk
Common painkillers such as ibuprofen and diclofenac as well as branded pain drugs from Pfizer Inc, Merck & Co Inc and Novartis AG can increase the risk of heart attacks and strokes, a review found on Wednesday.
Scientists from Bern…
Surveys paint bleak future for British economy
Economic growth likely slowed sharply around the turn of the year and retail sales fell in the crucial Christmas trading month of December, according to two surveys published on Tuesday.
The surveys make grim reading in what Prime…
Iran arrests Christians
Iran has arrested about 70 Christians since Christmas in a crackdown that demonstrates the limits of religious tolerance by Islamic leaders who often boast they provide room for other faiths.
The latest raids have targeted grass-roots…