VIDEO: Europe to unveil economic reforms

VIDEO: Europe to unveil economic reforms


VIDEO: Europe to unveil economic reforms

Posted: 24 Sep 2012 10:37 PM PDT

It is a big week for the eurozone with major economic reforms due to be announced in a number of European countries.


VIDEO: Abu Hamza extradition approved

Posted: 24 Sep 2012 10:50 PM PDT

The European Court of Human Rights has given its final approval for the extradition of five terrorism suspects. They include extremist cleric Abu Hamza who could be extradited to the United States within weeks.


China carrier a show of force as Japan tension festers

Posted: 24 Sep 2012 10:59 PM PDT

File photo of China's first aircraft carrier at Dalian Port in Liaoning provinceTOKYO/BEIJING (Reuters) - China sent its first aircraft carrier into formal service on Tuesday amid a tense maritime dispute with Japan, in a show of naval ambitions that could spur regional worries about territorial rows with Beijing stirring military rivalry. China's Ministry of Defense said the newly named Liaoning aircraft carrier would "raise the overall operational strength of the Chinese navy" and help Beijing to "effectively protect national sovereignty, security and development interests". ...



Victim of Guatemalan civil war massacre wins asylum in U.S.

Posted: 24 Sep 2012 10:53 PM PDT

LOS ANGELES (Reuters) - One of two known survivors of a notorious Guatemalan civil war massacre of 250 men, women and children in his small farming village has been granted political asylum to stay in the United States, his lawyer said on Monday. Oscar Ramirez Casteneda, 33, who learned only last year that he had been kidnapped as a young boy by a Guatemalan army lieutenant during the 1982 bloodshed and raised by the man's family, was notified in a letter on Saturday that he had won asylum, attorney Scott Greathead said. ...


NKorea raises schooling period to 12 years from 11

Posted: 24 Sep 2012 10:47 PM PDT

In this Sept. 19, 2012 photo, North Koreans walk in front of the Mansudae Assembly Hall in Pyongyang, North Korea. North Korea's rubber-stamp parliament is convening a new session that is drawing attention because it is the second in less than six months. The 687-member Supreme People's Assembly gathers Tuesday, Sept. 25, 2012 in the North Korean capital. (AP Photo/Vincent Yu)North Korea's parliament passed a law Tuesday adding one more year to compulsory education in the socialist nation in the first policy change under leader Kim Jong Un made public by state media.



China carrier a show of force as Japan tension festers

Posted: 24 Sep 2012 11:02 PM PDT

TOKYO/BEIJING (Reuters) - China sent its first aircraft carrier into formal service on Tuesday amid a tense maritime dispute with Japan, in a show of naval ambitions that could spur regional worries about territorial rows with Beijing stirring military rivalry.


Apple supplier's factory back up after China brawl

Posted: 24 Sep 2012 10:20 PM PDT

A Chinese factory owned by the manufacturer of Apple's iPhones has resumed production after a brawl involving 2,000 workers highlighted chronic labor tensions in a country that prohibits independent unions.


Victim of Guatemalan civil war massacre wins asylum in U.S.

Posted: 24 Sep 2012 10:53 PM PDT

LOS ANGELES (Reuters) - One of two known survivors of a notorious Guatemalan civil war massacre of 250 men, women and children in his small farming village has been granted political asylum to stay in the United States, his lawyer said on Monday.


Monday Night Meltdown by Replacement Refs: Packers Lose One Game, NFL Incurs More Shame

Posted: 24 Sep 2012 06:36 PM PDT

This just in...NFL Commissioner Roger Goodell's name has been officially changed to Roger Gotohell in the state of Wisconsin. Because after the Green Bay Packers had a victory literally snatched away from their clutches simultaneously by the Seahawks' Golden Tate and the indecisive replacement referees on the last play of Seattle's [...]


iPhone Assembler Foxconn Reopens Chinese Factory After Workers' Brawl

Posted: 24 Sep 2012 06:31 PM PDT

Terry Gou, Foxconn (Image credit: AFP via @daylife) Taiwanese electronics giant Foxconn has reopened its factory in northern China, two days after running battles involving as many as 2,000 workers was put down by riot police. Reuters reported Tuesday that workers streamed back into the plant in Taiyuan, where fighting erupted [...]


Japan confronts Taiwanese fishing boats

Posted: 24 Sep 2012 11:20 PM PDT

Dozens of boats, including six coastguard vessels, enter waters around disputed East China Sea islands, Japan says.


Olympus chairman pleads guilty to fraud

Posted: 24 Sep 2012 10:20 PM PDT

Tsuyoshi Kikukawa along with two other executives admit to hiding losses of electronic firms accounts to the 1990s.


North Korea plans 'agriculture reforms'

Posted: 24 Sep 2012 12:00 AM PDT

New farmer incentive plan hopes to boost supplies, help cap rising food prices and ease malnutrition.


China announces formal handover of first aircraft carrier

Posted: 24 Sep 2012 10:25 PM PDT

File photo of China's first aircraft carrier at Dalian Port in Liaoning provinceBEIJING (Reuters) - China's first aircraft carrier officially entered service on Tuesday and the Defense Ministry said it would help project maritime power and defend Chinese territory. The handover of the vessel comes as China and Japan are embroiled in a dispute over islands they both claim and China is concerned over renewed U.S. military interest in Asia. The carrier, called the Liaoning, was originally purchased from Ukraine and has undergone extensive renovation in the Chinese port of Dalian. ...



Obama's Diplomatic "Reset" Is Taking the Form of a Currency War

Posted: 24 Sep 2012 05:35 PM PDT

The full potential wages of the failure of Obamanomics are only now beginning to come into focus.


Adobe Announces Amazing Suite Of HTML5 Tools In Bid To Merge Open Source And Profit

Posted: 24 Sep 2012 05:17 PM PDT

Adobe had it's own Apple moment today, announcing a suite of new products in the same venue, San Francisco's Yerba Buena Center, that Tim Cook used to premiere the iPhone 5. Adobe's announcement is no iPhone, but these tools will have a profound impact on what people see on their iPhones—and all the other screens in their lives.


China announces formal handover of first aircraft carrier

Posted: 24 Sep 2012 10:25 PM PDT

BEIJING (Reuters) - China's first aircraft carrier officially entered service on Tuesday and the Defense Ministry said it would help project maritime power and defend Chinese territory.


Clinton reassures Egypt's Mursi on U.S. assistance

Posted: 24 Sep 2012 08:46 PM PDT

U.S. Secretary of State Clinton meets with Egyptian President Mursi on the sidelines of the U.N. General Assembly in New YorkNEW YORK (Reuters) - Secretary of State Hillary Clinton reassured Egypt's new Islamist president on Monday that the United States would forge ahead with plans to expand economic assistance despite anti-American protests that cast new shadows over U.S. engagement with the region. Clinton met Egyptian President Mohamed Mursi in New York, where both are attending this week's U.N. General Assembly meeting, and reinforced the Obama administration's continued commitment to provide both military and economic aid for Cairo, a senior State Department official said. ...



NKorea parliament holding closely watched session

Posted: 24 Sep 2012 08:26 PM PDT

North Korea's rubber-stamp parliament is convening a new session that is drawing attention because it is the second in less than six months.


Ex-president of Japan's Olympus pleads guilty

Posted: 24 Sep 2012 08:37 PM PDT

Olympus Corp.'s former President Tsuyoshi Kikukawa, front center, arrives with his lawyers at Tokyo District Court in Tokyo Tuesday, Sept. 25, 2012. Kikukawa admitted guilt Tuesday in a cover-up scandal of massive investment losses at the major Japanese camera and medical equipment company. (AP Photo/Kyodo News) JAPAN OUT, MANDATORY CREDIT, NO LICENSING IN CHINA, FRANCE, HONG KONG, JAPAN AND SOUTH KOREAOlympus Corp.'s former president Tsuyoshi Kikukawa admitted guilt Tuesday in a cover-up of massive investment losses at the Japanese camera and medical equipment maker.