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Cut in nuclear stockpiles proposed by Obama in talks with Russia
BERLIN - US President Barack Obama on Wednesday said he would seek talks with Russia to reduce the number of strategic nuclear weapons both hold by up to a third. Speaking in front of Berlin's iconic Brandenburg Gate during a visit to the German capital, Obama said he was confident the US could maintain its security while reducing its nuclear capacity by a third. He also called for ...
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Dalian Wand Group to enhance UK presence with luxury hotel and yacht unit
LONDON - China's largest premier commercial property and entertainment conglomerate, Dalian Wanda Group Wednesday entered into 320million pounds definite acquisition deal with leading British yacht company, Sunseeker International Ltd, under which Wanda will acquire a majority shareholding of 91.81% in pre-eminent luxury motor yacht manufacturer. Under the agreement, the remaining 8.19% ...
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Karzai says peace talks with Taliban should be Afghan led
KABUL - An angry Afghan President Hamid Karzai said Wednesday his government would not join US peace talks with the Taliban "until the peace process is totally under Afghan control." He also suspended talks with the US to discuss the nature of US military presence after international troops withdraw in 2014. A spokesman for President Hamid Karzai said the decision was taken over ...
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North Korean leader Kim used luxury yacht to tour coast, says report
SEOUL, South Korea - North Korean leader Kim Jong-un has used a luxury boat to tour the country's east coast amid indications that the 90-feet-long yacht may have been smuggled into the country in defiance of UN sanctions that bans importing of luxury items to the impoverished country. A website that tracks events in the reclusive state said the yacht, a Princess 95MY made by British-based ...
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Somalia UN office attacked and 15 killed by Islamist militants
MOGADISHU, Somalia - At least 15 people, including some United Nations workers, were killed Wednesday when a UN compound in the Somali capital came under a bomb and gun attack by Islamist militants of an Al Qaeda-linked group, a minister said. Interior Minister Abdikarim Hussein Guled in a hurriedly called press conference said that the eight slain UN workers included four foreigners working ...
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NSA director defends e-snooping claiming it helped foil 50 terror attacks foiled
WASHINGTON - The controversial US snooping of foreign emails and telephone calls has prevented more than 50 potential terrorist attacks in at least 20 countries, the director of the National Security Agency (NSA) has said in defending the surveillance programme. The targets include the New York Stock Exchange and other important installations across the world, General Keith Alexander said ...
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EU antitrust regulator fines Lundbeck and several generic drug firms
BRUSSELS - European Union in its first case over pay-for-delay deals that held back sales of cheaper generic drugs Wednesday fined Danish pharmaceutical company Lundbeck 93.8 million euros and imposed fines totaling 52.2 million euros on several other producers of generic medicines. The European Commission, the EU's antitrust regulator, said the companies had reached agreements that may ...
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Chrysler to recall 2.7 mn Jeeps but says vehicles not defective
NEW YORK - Chrysler avoided a showdown with the US government by agreeing to recall 2.7 million Jeeps with fuel tanks that could rupture and cause fires in rear-end collisions. Chrysler said it recognised the matter had raised concerns for customers The US company said it had resolved its differences with the National Highway Traffic Safety Administration (NHTSA). The recall affects ...
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Four US mortgage servicers faulted for lapses by settlement monitor
WASHINGTON - Four of the largest U.S. mortgage servicers, including Citigroup Inc (C). and Bank of America Corp., have failed to adequately upgrade their treatment of customers in danger of foreclosure, according to a court-appointed monitor. Bank of America, Citigroup, JPMorgan Chase and Wells Fargo have failed to adhere to some of the new standards set out in a landmark settlement meant to ...
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Spain making progress but requires urgent action to generate growth says IMF
MADRID - Spain risks high joblessness and sluggish growth for years unless its government together with Europe takes "urgent action' to generate growth and jobs, the International Monetary Fund stated Wednesday. "While there are signs the economic contraction may end soon, the outlook remains difficult," IMF said in its annual assessment of the Spanish economy. "But unemployment remains ...
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Kosovo Liaison To Serbia Resigns
Kosovo's liaison officer to Serbia has resigned, just two days after he took the job. Lulzim Peci resigned June 19 after saying in an interview that Kosovo and Serbia could only have normal relations after Serbia recognizes Kosovo’s independence. Kosovo’s Foreign Ministry said Peci had exceeded his powers as a diplomat. Serbia refuses to recognize the independence of ...
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Putin First Soviet government was mostly Jewish
Russian President Vladimir Putin at Moscow's Jewish Museum and Tolerance Center, June 13, 2013. Photo: REUTERS/Aleksey Nikolskyi/RIA ...
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US jobless to fall but Fed wary of putting brakes on stimulus
The US Federal Reserve's bond buying programme could begin to slow down this year and come to an end around the middle of next year, the country's top central banker, Ben Bernanke, said ...
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Next up for Obama Major effort on climate change
WASHINGTON President Barack Obama is planning a major push using executive powers to tackle the pollution blamed for global warming in an effort to make good on promises he made at the start of his second term. "We know we have to do more - and we will do more," Obama said Wednesday in ...
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Nuclear waste clean-up delayed and billions over budget
(CBS News) The new Secretary of Energy has been on the job only four weeks, but he made a beeline Wednesday to see his biggest headache for himself. Ernest Moniz went to the Hanford Nuclear Reservation in Washington state. Hanford made the plutonium for American nuclear weapons from the Manhattan Project in World War II until 1987. Now, highly radioactive waste is leaking, and a project to ...
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James Gandolfini dead at 51
James Gandolfini, whose portrayal of a brutal, emotionally delicate mob boss in HBO's "The Sopranos" helped create one of TV's greatest drama series and turned the mobster stereotype on its head, died Wednesday in Italy. He was 51. In a statement, the cable channel, and Gandolfini's managers Mark Armstrong and Nancy Sanders, said he died Wednesday while on holiday in ...
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US arming of Assads foes forces Iran to bleed resources in Syria
The fact that Iran, Hezbollah are sending militias, arms and money into Syria is a sign they are worried the regime might fall. Keeping them engaged and pouring resources into Syria weakens them ...
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Summers predicts US economy will return to 3 growth this year
The United States economy will reach a 3 percent growth rate by the end of 2013, Larry Summers, former US Treasury secretary, predicted Wednesday night.Speaking on a panel of distinguished economists and thinkers at the Presidential Conference in Jerusalem, Summers praised US President Barack Obama for policies that are beginning to bear fruit in the economy.Obama's stimulus push ...
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Rail delays the worst for six years say passengers as just 40 say tickets are value for money
One in eight passengers are unhappy with their unreliable rail services at a time of inflation-busting fare rises and bumper bonuses for rail ...
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Thousands stage new protests in Bulgaria despite PMs apology
Thousands of Bulgarians took to the streets for a sixth straight day of protests on Wednesday, demanding the resignation of new Prime Minister Plamen Oresharski despite his apology over a political ...
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Syrian troops rebels clash outside Damascus district
Syrian troops and rebels were locked in fierce clashes on Wednesday night outside the Damascus district of Qabun as the army tried to storm the area, the Syrian Observatory for Human Rights ...
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Postcard from... Coria del Rio
It is exactly 400 years since the samurai Hasekura Tsunenaga established the first ever diplomatic contact between Japan and Spain when, after a 12-month journey, his ship made its landfall in the small town of Coria del Rio on the River Guadalquivir in Andalusia.And to commemorate that encounter, Prince Naruhito, pictured, the heir to the Japanese throne, ensured that part of his state visit to ...
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Radiation weapon plot foiled in US
U. S. authorities accused two men of assembling a portable X-ray weapon that they intended to use to secretly sicken opponents of Israel. The indictment charged 49-year-old Glendon Scott Crawford and 54-year-old Eric ...
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Nelson Mandelas health Is it time to let go
In South Africa, former President Nelson Mandela has now been in the hospital for 12 days, battling a lung infection. The official word is his condition remains serious but ...
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4th suspect held in Ohio case
>Editor's note: For more information on this story, check out CNN affiliates WKYC, WOIO and WJW.(CNN) -- A fourth suspect is in custody in the alleged forced labor of a mentally disabled woman held with her young daughter, according to federal prosecutors in Ohio. Dezerah Silsby, 21, turned herself in and is scheduled to appear in court Thursday afternoon, authorities said. The two victims ...
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