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Africa/International
New York Trustee goes to court, demands $20b in Madoff scam case
The trustee seeking to recover money for investors who lost billions of dollars in jailed financier Bernard Madoff's fraud said Friday he has filed civil racketeering charges against an Austrian banker and 55 other defendants, demanding…
Obama calls on Clinton to help in tax cuts fight
President Barack Obama on Friday called on a battle-scarred dealmaker, former President Bill Clinton, to help convince reluctant Democrats to back a compromise tax plan before rates rise for most Americans in January.
As Democrats in the…
Reducing global waste can help combat climate change – Report
Cutting emissions from the global waste sector, including the potent greenhouse gas methane, could play a part in combating climate change, says a new United Nations Environment programme (UNEP) report .
The report, Waste and Climate…
AU suspends Ivory Coast till Gbagbo steps down
The African Union has suspended Ivory Coast, following a disputed presidential election in the West African nation.
AU official Ramtane Lamamra said Ivory Coast would remain suspended until opposition candidate Alassane Ouattara "takes…
China’s growing trade points to higher interest rates
China's imports and exports were much stronger than expected in November, robust numbers that could clear the way for the central bank to raise interest rates as soon as this weekend.
The data on Friday also offered a double-hit of healthy…
Clashes rock England as students protest University fee increases
Protesters attacked government buildings and damaged a car carrying Prince Charles after parliament voted on Thursday to raise fees paid by university students in a vote which divided the coalition government.
The move to shift the burden…
Former Pamalat boss jailed for fraud
The founder and former chief executive of Italian food conglomerate Parmalat has been sentenced to 18 years in jail for his role in a fraud at the firm.
Calisto Tanzi was convicted of criminal association and fraudulent bankruptcy.
A…
WikiLeaks hackers threaten British Government
An army of computer hackers is planning to bring down British government websites if Julian Assange, the founder of WikiLeaks, is extradited to Sweden.
The 1,500-strong network of online activists has already sabotaged the websites of…
China firmly against Liu Xiaobo Nobel prize
The Nobel Peace Prize committee is preparing to host its award ceremony, amid continuing anger from the Chinese government at this year's winner.
Dissident Liu Xiaobo - jailed in north-east China for political offences - will not be in…
Japan stocks fall
Japanese stocks slipped from a seven-month high on Friday on profit taking, though were poised to outperform the rest of Asia this week, while U.S. Treasuries were steady on the view yields had risen too high, too quickly.
With three weeks…