Bernanke Says He Failed to Spot Flaws in Financial System

Bernanke Says He Failed to Spot Flaws in Financial System


Bernanke Says He Failed to Spot Flaws in Financial System

Posted: 02 Sep 2010 12:10 PM PDT

The Federal Reserve chairman also told the financial crisis panel that it was impossible for the government to save Lehman Brothers in 2008.


Iran opposition figure's house attacked: website

Posted: 02 Sep 2010 12:32 PM PDT

TEHRAN (Reuters) - Attackers smashed windows and damaged security cameras at the home of Iranian opposition leader Mehdi Karoubi, his website said Thursday, ahead of a rally authorities fear could reignite anti-government protests.


Pakistan Gets I.M.F. Relief, Tightens Security

Posted: 02 Sep 2010 11:50 AM PDT

The International Monetary Fund will give Pakistan $450 million in emergency flood aid, providing some relief for a government overwhelmed by the disaster and facing renewed militant violence.


Watching a Girl Die by Mortar

Posted: 02 Sep 2010 08:48 AM PDT

In war, emotions run high. Adam Ferguson has found that can help as well as hinder, Eirini Vourloumis reports.


Changed by a Car Bomb in Baghdad

Posted: 01 Sep 2010 09:00 AM PDT

Ayman Oghanna vowed to quit photography if photos he took in Iraq didn't get out. They did; he didn't.


Egypt spy chief poster campaign

Posted: 02 Sep 2010 10:08 AM PDT

Posters promoting Egypt's intelligence chief appear on the streets of Cairo, amid growing speculation over who will succeed President Hosni Mubarak.


In pictures

Posted: 02 Sep 2010 08:55 AM PDT

Hindus celebrate birth of Krishna at Janmashtami celebration


Stephen Hawking: God didn't create universe

Posted: 02 Sep 2010 10:41 AM PDT

God did not create the universe, world-famous physicist Stephen Hawking argues in a new book that aims to banish a divine creator from physics.


At least 1 dead in second day of Mozambique riots

Posted: 02 Sep 2010 10:41 AM PDT

At least one person was killed Thursday as riots in the southern African nation of Mozambique continued into a second day, the director of a hospital told a local television station.


Actress on minerals, violence

Posted: 02 Sep 2010 08:50 AM PDT

With a dozen humanitarian missions behind her, Ashley Judd has ventured to Africa to challenge the relationship between valuable minerals and unspeakable violence.


RBS move to boost Scottish jobs

Posted: 02 Sep 2010 10:57 AM PDT

Royal Bank of Scotland says Scotland is likely to gain jobs as a result of major restructuring, despite news that 3,500 UK posts will be lost.


'Lights out' help migratory birds

Posted: 02 Sep 2010 10:52 AM PDT

A growing number of New York sky-scrapers switch off their lights at night to help reduce the number of migratory birds hitting the buildings.


The mint with a whole lot of food miles

Posted: 02 Sep 2010 11:14 AM PDT

A British discount store is buying in Polo mints from Indonesia even though the same mints are being manufactured just a mile up the road in York.


Does America Crave American Champions?

Posted: 02 Sep 2010 08:56 AM PDT

The need of Americans for an American to root for; also, the growing difference between the pros and the fans.


Middle East talks set to continue

Posted: 02 Sep 2010 12:17 PM PDT

Israeli and Palestinian leaders agree to meet in the region on September 14-15, and again every two weeks thereafter.


Mozambique price riots continue

Posted: 02 Sep 2010 09:19 AM PDT

Protests over rising food prices that have left seven people dead enter the second day in capital Maputo.


UN: Blackberry worries legitimate

Posted: 02 Sep 2010 11:44 AM PDT

UN technology chief says RIM, the company behind Blackberry phones, should give governments access to customers' data.


Universe is self-created: Hawking

Posted: 02 Sep 2010 11:24 AM PDT

UK scientist writes in new book that "it is not necessary to invoke God to ... get the Universe going".


Malaria Drug Candidate Holds Promise

Posted: 02 Sep 2010 12:09 PM PDT

An international team of scientists has identified a promising drug candidate that represents an entirely new class of medicines to treat malaria, one of the biggest killers in the developing world.


As Colleges Compete, Money Flows to Minor Sports

Posted: 02 Sep 2010 12:09 PM PDT

The Directors' Cup, a little-known but prized honor, has set off a competition to have the best broad-based sports program.


M'sia not world's syabu processing, trafficking centre - police

M'sia not world's syabu processing, trafficking centre - police


M'sia not world's syabu processing, trafficking centre - police

Posted: 02 Sep 2010 01:15 AM PDT

Malaysia is not a major syabu processing and trafficking centre in the world although several seizures of the drug worth millions of ringgit have been made of late.

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Australian PM wins key backer in bid to regain power

Posted: 02 Sep 2010 01:13 AM PDT

SYDNEY, Thursday 2 September 2010 (AFP) - Australian Prime Minister Julia Gillard won the support of a key independent MP on Thursday, leaving her close to breaking the worst political deadlock in decades after elections failed to produce a winner.

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Perak imams, muezzins, siak, kafa teachers to get Aidilfitri allowance

Posted: 02 Sep 2010 01:12 AM PDT

About 7,700 imams, muezzins, siak (mosque caretakers), and Quran and Fardu Ain (Kafa) teachers in Perak will receive a special Aidilfitri allowance of RM200.

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UK foreign secretary's aide quits over gay rumours

Posted: 02 Sep 2010 01:09 AM PDT

LONDON (Reuters) - Britain's Foreign Secretary William Hague has denied rumours he was gay and said one of his male aides had quit over untrue speculation they had been involved in a relationship.


"Red Siam" adds revolutionary twist to Thai crisis

Posted: 02 Sep 2010 01:09 AM PDT

BANGKOK (Reuters) - A former communist and political prisoner, Surachai Danwattananusorn, has a dramatic solution to fix Thailand's political crisis: a "democratic revolution" to end what he sees as a monopoly of power by the royalist elite.


Return to power within grasp for Australia’s Gillard

Posted: 02 Sep 2010 12:47 AM PDT

CANBERRA, Sept 2 — Australian Prime Minister Julia Gillard came within grasp of a return to power today after one of four "kingmaker" MPs backed her Labour Party's bid to form a minority government following last month's dead-heat elections. Labour has promised to introduce a new tax on mining profits and a US$38 billion (RM121 billion) broadband ...


UK foreign secretary’s aide quits over gay rumours

Posted: 02 Sep 2010 12:22 AM PDT

LONDON, Sept 2 — Britain's Foreign Secretary William Hague has denied rumours he was gay and said one of his male aides had quit over untrue speculation they had been involved in a relationship. Suggestions about Hague's sexuality surfaced in recent days after newspapers published pictures of the foreign secretary with his aide Christopher Myers ...


Pakistan flood victims await help, one month on

Posted: 02 Sep 2010 12:36 AM PDT

CHARSADDA, Pakistan (Reuter) - Day after day, Afshan Bibi, a mother of 11, trudges to the U.N. distribution centre to get relief supplies to help her cope with the aftermath of Pakistan's devastating floods.


Pakistan boosts security after Lahore bombs

Posted: 02 Sep 2010 12:36 AM PDT

LAHORE, Pakistan (Reuters) - Pakistan tightened security in the eastern city of Lahore on Wednesday after three bomb attacks killed 33 people and wounded 171 and pressured the U.S.-backed government already overwhelmed by floods.


Women, children most vulnerable in Pakistan flood crisis

Posted: 02 Sep 2010 12:36 AM PDT

NOWSHERA, Pakistan (Reuters) - Pakistan's displaced flood victims say a lack of clean water and high temperatures are causing illnesses sweeping through relief camps with children most at risk.


China coal trucks stuck in 120 km traffic jam

Posted: 01 Sep 2010 11:30 PM PDT

BEIJING (Reuters) - More than 10,000 trucks mainly carrying coal are stuck in a 120 km (75 mile) traffic jam in the northeastern Chinese region of Inner Mongolia, in the latest dramatic snarl-up on the country's roads.


Australia's Gillard inches closer to power

Posted: 01 Sep 2010 11:30 PM PDT

CANBERRA (Reuters) - Australian Prime Minister Julia Gillard inched closer to a return to power on Thursday after one of four independent lawmakers holding the balance of power threw his support behind her Labor Party.


‘Red Siam’ adds revolutionary twist to Thai crisis

Posted: 01 Sep 2010 10:56 PM PDT

BANGKOK, Sept 2 — A former communist and political prisoner, Surachai Danwattananusorn, has a dramatic solution to fix Thailand's political crisis: a "democratic revolution" to end what he sees as a monopoly of power by the royalist elite. It may sound overly ambitious. But his "Red Siam" group is seeking popular support for a movement that comes ...


Peru island makes gains from guano

Posted: 01 Sep 2010 10:24 PM PDT

An island off Peru is making money from selling bird poo to use as organic fertiliser


Israel, Palestinians set for face-to-face talks

Posted: 01 Sep 2010 10:57 PM PDT

WASHINGTON (Reuters) - With a diplomatic push from U.S. President Barack Obama, Israeli and the Palestinian leaders will start direct peace talks on Thursday shadowed by skepticism on all sides and fresh violence in the volatile West Bank.


FACTBOX - Key players in the Mideast peace talks

Posted: 01 Sep 2010 10:57 PM PDT

Following are details about the key players in the process.


SCENARIOS - What next after Mideast peace talks in Washington

Posted: 01 Sep 2010 10:57 PM PDT

WASHINGTON (Reuters) - Israeli, Palestinian and U.S. leaders meet in Washington this week to launch the first set of direct Middle East peace talks in nearly two years.


FACTBOX - Major issues in Israeli-Palestinian peacemaking

Posted: 01 Sep 2010 10:57 PM PDT

Following are the main issues on the table:


Mobile ring tones break the peace at Makkah's Grand Mosque

Posted: 01 Sep 2010 10:32 PM PDT

MAKKAH, Sept 2: As hundreds of thousands of pilgrims throng the Grand Mosque in pursuit of blessings in the last 10 days of Ramadan, the growing phenomenon of irritating mobile phones is disturbing the worshippers.


FACTBOX - Ties between China and Japan

Posted: 01 Sep 2010 10:37 PM PDT

Below are some key facts about Sino-Japanese relations.