The global economy will shrink up to 2 percent, and rapidly approved stimulus plans worldwide could spark another crash in financial markets, World Bank President Bob Zoellick projected at a forum in Belgium Saturday. Zoellick said the World Bank, an international institution that offers aid to developing nations, projects a global economic decline between 1 percent and 2 percent
Tag Archives: international
CIA chief arrives in Pakistan
Leon Panetta, director of the CIA, arrived in Pakistan on Saturday morning, a Pakistani Interior Ministry official said. Khamenei said a change in rhetoric is not enough, and Washington must practice what it preaches, according to the English-language Press TV channel in Iran. He also promised that Iran will change its policy if the United States does so as well, Press TV reported.
For Obama, the Clock on Iran Is Ticking But How Fast?
Iran’s ancient Persian New Year celebration is known as Nowruz, which literally means “new day”, and President Barack Obama marked the occasion on Friday with an unprecedented taped message to Iran’s leaders and its people offering “a new beginning” in relations between the U.S. and the Islamic Republic
Obama offers Iran ‘the promise of a new beginning’
President Barack Obama reached out to Iran on Friday — the start of the Iranian New Year — in a video message offering "the promise of a new beginning" that is "grounded in mutual respect." The message is a dramatic shift in tone from that of the Bush administration, which included Iran, along with North Korea and Iraq, in an “axis of evil.” It also echoes Obama’s inaugural speech, in which he said to the Muslim world, “we seek a new way forward, based on mutual interest and mutual respect.” In Friday’s video, Obama said: “The United States wants the Islamic Republic of Iran to take its rightful place in the community of nations. You have that right, but it comes with real responsibilities. And that place cannot be reached through terror or arms, but rather through peaceful actions that demonstrate the true greatness of the Iranian people and civilization.” There was no immediate response from Tehran to Obama’s message, but Iranian President Mahmoud Ahmadinejad said last month that his country would welcome talks with the United States “in a fair atmosphere with mutual respect.” The United States, several European nations and Israel suspect that Tehran has been trying to acquire the capacity to build nuclear weapons, but Iran says its nuclear program is solely for peaceful purposes.
San Diego: The new super-yacht capital?
It carries the nickname "America’s Finest City," and right now it appears San Diego is living up to the hype. Though the international financial crisis has precipitated economic woe across the United States, developments in San Diego’s super-yacht industry don’t appear to be slowing. Fifth Avenue Landing, a stylish new facility promising the ultimate docking experience for super-yachts up to 300 feet long, has just opened in city’s downtown area
Space shuttle Discovery blasts off with bat stowaway
U.S. blames Sudan’s president for Darfur ‘catastrophe’
Peacekeeper dies in Darfur shootout
Gunmen killed a United Nations peacekeeper in the Darfur region of western Sudan on Tuesday. Eight gunmen opened fire on six peacekeepers in the city of Niyala, in the southern part of Darfur, said Josephine Guerrero, a spokeswoman for a joint peacekeeping operation of the United Nations and African Union in Darfur.
Payout for women who got breast cancer after night shifts
Employers in Denmark have started paying compensation to women who have developed breast cancer after working night shifts. Thirty-eight eight women have so far received payments via their employers’ insurance companies, the Danish National Board of Industrial Injuries told CNN. To qualify for compensation, women must have developed breast cancer after having worked at least one night shift a week for 20 to 30 years.
TSA to look at Vitter airport incident
The Transportation Security Administration is looking into a report that Louisiana Sen. David Vitter had an angry altercation with an airline worker at Washington Dulles International Airport last week. The agency is not doing a formal investigation, TSA spokesman Sterling Payne told CNN, but it is gathering information to determine if one is needed.