Hezbollah denies link to Hariri murder

The militia group Hezbollah has dismissed a German magazine report that it was behind the assassination of former Lebanese Prime Minister Rafik Hariri, calling the accusations "fabrications." The report in Germany’s Der Spiegel is intended to “influence” the outcome of the upcoming elections in Lebanon, Hezbollah said Sunday in a message posted on the Web site of its television station Al-Manar. A Hezbollah-led alliance is running against a U.S.-backed parliamentary majority in elections scheduled for June 7. “It is nothing more than police fabrications made by the same black room that has kept on fabricating such stories for over four years,” Hezbollah said.

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TV Networks Change Programming

If you’ve been watching HGTV in the past few years, you may have become seduced by its lavish renovations and tales of real estate riches. You may have decided to stretch your budget to buy your own overpriced house. And you may now, like the contestants on HGTV’s newest reality show, wish you had a little cash to get out of the hole.

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Financial Woes Spread to Smaller Banks

If you want to know whether the banking crisis is in the third inning or the ninth, consider Corus Bankshares. The Chicago regional bank has made just over $4 billion in commercial real estate loans. The recently completed government bank stress tests assumed that as many as 12% of all such loans could go bad in the next two years

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Tajikistan’s President: No Photos, Please

Across Central Asia, they are a common sight: portraits glorifying each nation’s leader. Rising above the people on roadside billboards and taking pride of place on the walls of local government offices, visual tributes to the region’s sitting presidents outnumber internet cafes, independent newspapers and working bank machines.

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Accused Somali pirate arraigned in U.S. court

A Somali suspect in the hijacking of the U.S.-flagged Maersk Alabama last month pleaded not guilty to 10 counts including piracy, hostage-taking, and firearms charges in U.S. District Court in New York on Thursday. Abduwali Abdukhadir Muse faces life in prison if convicted in any of eight of the 10 counts, according to the U.S

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