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Search for survivors nearly over in Oklahoma as damage estimate is $2bn
MOORE, Oklahoma - Rescue workers were combing through the battered remains of buildings left behind in the path of the gigantic tornado that killed two dozen people, including nine children, in Oklahoma on Monday. Officials say the search for survivors is nearly over as efforts turn towards recovery. Gary Bird, fire chief of the badly hit Moore suburb, said he was "98% sure" there were no ...
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Florida man known to Boston bombing suspects shot dead by FBI
MIAMI - A man known to the Boston Marathon bombers was shot and killed Wednesday by an Federal Bureau of Investigation (FBI) agent after he turned violent during questioning, the investigating agency said. The Orlando Sentinel newspaper identified the man as Ibragim Todashev, 27. He was killed in the early morning incident in Orlando, Florida. The FBI said the shooting occurred in Orlando, ...
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Senate panel approves plan to ease hiring of foreign techies
WASHINGTON - A US Senate panel has cleared a proposed legislation that relaxes restrictions on IT companies to hire foreign techies, thus clearing one of the major hurdles to ushering changes in American immigration law in a generation. The Senate Judiciary Committee approved the bill after its authors won a bipartisan support with three Republicans joining 10 Democrats in the 18-member ...
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Eight candidates for Iranian presidential race
TEHRAN - Iran has approved eight candidates for the presidential election due next month, rejecting President Mahmoud Ahmadinejad's top aide in a major setback to the hawkish leader of the Islamic republic. Ahmadinejad criticised the decision to remove Esfandiar Rahim Mashaei from the final candidate list and said it was an act of "oppression". He announced plans to take up the case with ...
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Top North Korean official visits China
PYONGYANG, North Korea - In an indication that North Korea may give diplomacy a chance to end regional tension, its leader Kim Jong Un Wednesday sent a special envoy to China to win the confidence of its most important ally. The trip by Vice Marshal Choe Ryong Hae, a senior Workers' Party official and the military's top political officer, comes after months of ignoring Chinese warnings to ...
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Bernanke says more positive signs needed before scaling back stimulus
WASHINGTON - Chairman of the Federal Reserve, Ben Bernanke Wednesday said it was too soon to scale back the monetary stimulus and the central bank needs to see further signs of traction before taking a decision. A decision to scale back the $85 billion in bonds the Fed is buying each month could come at one of the central bank's "next few meetings" if the economy looked set to maintain ...
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Higher exports fail to plug widening Japan trade deficit
TOKYO - Japan's trade deficit rose substantially more than expected in the month April to 879.9 billion yen ($8.6 billion), which is a 70% jump over the trade deficit during the corresponding month a year earlier, the Finance Ministry said Wednesday.. The deficit, for the tenth consecutive month, was wider than what many economists had forecast. A survey from the Nikkei business daily ...
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Vitamin C offers hope of tackling drug resistant TB
WASHINGTON - Adding vitamin C to existing tuberculosis drugs regime could shorten the therapy for drug resistant TB, claims new research findings published in the online scientific journal Nature Communications. The striking discovery, by researchers at Albert Einstein College of Medicine of Yeshiva University, has determined that vitamin C kills drug-resistant TB bacteria in laboratory ...
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IMF warns UK against continuing austerity programme
LONDON - In a critique of the United Kingdom's austerity programme, the International Monetary Fund Wednesday urged the Europe's third largest economy to rebalance the policy to make the transition to a high-investment and more export-oriented economy. "The UK could boost growth by bringing forward measures already included in its fiscal plan, such as spending on infrastructure and job ...
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Labour reforms to top US team agenda on Bangladesh visit
DHAKA - A high level US delegation led by the State Department's Under Secretary for Political Affairs Wendy Sherman will visit Bangladesh this weekend to press for a major overhaul of labour safety regulations following the nation's deadliest industrial accident, an official said Wednesday. The collapse of a nine-storey factory complex housing several garment units outside the capital last ...
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German central bank sees signals of economic pick up in Q2
FRANKFURT - Germany's central bank Deutsche Bundesbank expects the country's economy to improve "markedly" in the second quarter relying on signals of pick up in industrial orders and likelihood of weather related downturn in construction sector no longer impacting investment sentiments a development that could boost the wider eurozone as it struggles to get out of recession. "Overall ...
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Mortgage lending in UK rises highest in four years
LONDON - The UK housing market seems to be picking up with gross mortgage lending up 4.3 per cent in April over previous month to 12.1 billion pounds, the highest in over four years, according to the Council of Mortgage Lenders (CML). The mortgage lending was 21% higher than April 2012, but this data is skewed by the end of the stamp duty concession on 24 March, 2012. Under the stamp duty ...
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Ukrainian Journalists Protest Decision To Bar 10 From Cabinet Coverage
Pro- and antigovernment protesters square off in rival demonstrations in the Ukrainian capital soon after leaders of the three main opposition factions in the Ukrainian parliament agree to cooperate on backing a single candidate to oppose incumbent Viktor Yanukovych in presidential elections in ...
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McCartney Urges Russia To Release Jailed Pussy Riot Members
Paul McCartney has written a letter supporting the jailed members of the Russian feminist performance-art group Pussy Riot. An announcement with excerpts from his handwritten letters to Russian officials was placed on ...
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PM to Kerry Peace talks top Israels agenda
Reviving peace talks with the Palestinians tops Israel's agenda, Prime Minister Binyamin Netanyahu told US Secretary of State John Kerry on Thursday as they met in Jerusalem at the start of the American diplomat's latest visit to the region."This is something that both you and I want, and I hope also the Palestinian want," Netanyahu said as they posed for the media at the ...
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Israeli restaurateur faces deportation from US
Israeli restaurateur goes viral with online meltdown His lawyer had no comment on how Bouzaglo ended up in immigration court proceedings, but it seems it has something to do with jail time the Moroccan-born Israeli did for drug distribution and extortion charges before his arrival in the US 13 years ...
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Man linked to Tsarnaev shot by FBI agent
Police officers block the entrance to an apartment complex where a man was fatally shot in Orlando, Florida. The FBI says the man, being questioned by authorities in connection with the Boston Marathon bombing, was fatally shot when he initiated a violent ...
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Page out of book depicts towns tragedy
>For local coverage of Monday's devastating storms in Oklahoma, go to these CNN affiliates: KFOR, KOCO and KOKH.(CNN) -- The lone, tattered page from a decimated children's book sat quietly amid the rest of the rubble. But the words spoke volumes about the pain and nostalgia in the city of Moore:"I remember my old house, it's rooms so bright and wide. It's halls will echo for all time, with ...
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Portuguese leaders build faith in bailout exit
A woman with a Portuguese flag shouts slogans during a protest against austerity in front of the presidential palace in Lisbon May 20, 2013. Portugal's President Anibal Cavaco Silva called a state council to discuss the political and economic situation after a ''troika'' bailout ...
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M23 rebels announce ceasefire for UN chiefs Congo visit
M23 rebel recruits stand at attention during a training session at the Rumangabo military camp in eastern Democratic Republic of Congo, May 16, ...
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Bangladesh govt probe blames owners in building collapse
Bangladesh ends building collapse search; final toll is 1,127 The investigating committee, appointed by the interior ministry, found that the ground Rana Plaza was built on was unfit for a multi-story building. "A portion of the building was constructed on land which had been a body of water before and was filled with rubbish," committee head Khandker Mainuddin Ahmed said. He said the ...
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UK police investigate machete murder
British police are investigating the murder of a man who was attacked with a machete near an army base in South London. The victim was hacked to death with a machete-style knife in the Woolwich district in the southeast of the British capital on Wednesday before the attackers were shot by police. Video footage filmed by an onlooker and broadcast by Britain's ITV news channel showed a man ...
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Death toll rises in Lebanon clashes
Seven people have been killed and more than 50 wounded in overnight clashes in Tripoli between Lebanese fighters backing rival factions in Syria's civil war, according to doctors and security sources. Tripoli has suffered sporadic sectarian violence since the Sunni Muslim-led uprising against Syrian President Bashar al-Assad broke out in March 2011, but after a night of mortar, grenade and ...
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China and Japan Show Signs of Economic Stress
HONG KONG ...
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France backs call to put Hezbollah on EU terror list
Official say Paris is ready to support British initiative to blacklist armed wing of Hezbollah on EU's list of terrorist organizations; France has been cautious of such a move fearing it could destabilize ...
Morocco Focus
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Morocco recieves aid as part of EU ties
Morocco has taken another step forward in its several years long pursuit of closer ties with the EU, receiving a vote of confidence from the continent’s organizing body in the form of aid, which will be used to pursue areas of development needed to modernize and reform the country.
Morocco is to receive Euro 580 million (roughly MAD 6 billion) from the European Union over the next four years, according to a joint agreement that was signed between Morocco and the EU recently, which it is hoped will provide the country with the means to further integrate itself with the European economy. Read more
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