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North Korea fires short range weapons
PYONGYANG - North Korea continued to fire short range projectiles into waters off its east coast for a third straight day on Monday, officials here said, despite warnings from the US and South Korea against increasing tensions. The North has conducted six such firings since Saturday, in what are believed to be tests of short-range guided missiles or rockets from multiple launchers, officials ...
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Papering over border differences China and India agree to boost trade
NEW DELHI - India and China Monday played down a recent border stand-off and agreed to maintain peace along their disputed boundary as well as boost economic relations. Chinese Prime Minister Li Keqiang, who decided to make India the first stop of his maiden foreign jaunt as premier, stressed that the population of the two nations comprised one third of the world. Both countries have ...
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Musharraf gets bail in Bhutto assassination case
ISLAMABAD, Pakistan - Former Pakistani military dictator Pervez Musharraf was Monday granted bail in a case related to the assassination of ex premier Benazir Bhutto. Musharraf has been under house arrest because he is accused of failing to provide adequate security for Bhutto who was murdered in a bomb and gun attack in December 2007 while campaigning for elections. The assassination ...
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Multiple bombings in Iraq leave over 60 dead
BAGHDAD, Iraq - More than 60 people, including Iranian Shia pilgrims, were killed in a series of car bombings and shootings across Iraq Monday, officials said. The worst hit in Monday's violence was Baghdad where eight car bombs and a roadside bomb ripped through bus stops, marketplaces and other crowded areas in Shia neighbourhoods. The attacks left 12 people dead and 109 wounded, a senior ...
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Hezbollah loses 23 militants in clash with Syrian rebels claim activists
BEIRUT, Lebanon - At least 23 elite fighters from Lebanon's Hezbollah militant group, fighting alongside the Syrian government troops, were killed near the Lebanese border Monday, an activist group said. The Britain-based Syrian Observatory for Human Rights, which tracks Syria's war, said more than 100 Hezbollah members also have been wounded in the fighting around the opposition-held ...
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Blogging platform Tumblr acquired by Yahoo for $1.1 bn
NEW YORK - Yahoo promised "not to screw it up" as it formally announced its acquisition of the popular Tumblr blogging platform for $1.1bn in cash, giving the company a much-needed base in social media to reach a younger generation of users. The relaxed wording of the memo for one of the internet giant's biggest acquisitions was echoed in the memo sent by David Karp, Tumblr's 26-year-old ...
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US drugmaker Actavis buying Warner Chilcott in $8.5bn deal
WASHINGTON/ DUBLIN - Actavis Inc, the largest US generic drug maker by market value, is acquiring Dublin-based Warner Chilcott in a deal worth $8.5billion (5.6billion pounds) including $3billion net debt, to create the third-biggest specialty pharmaceutical company in the country. Under the deal, Actavis, which itself has been the subject of bid speculation, would be offering $5billion in ...
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Bombardier unveils Challenger 350 mid sized business jet
GENEVA - Canadian aeroplane maker Bombardier has expanded its leading Challenger family of business jets with the launch of the new Challenger 350 aircraft in collaboration with global leader in private aviation, US firm NetJets. The launch on Monday was held at a special event here at the European Business Aviation Conference and Exhibition (EBACE). Bombardier said deliveries of the ...
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$254mn Eskom wind power project gets South African regulator's nod
JOHANNESBURG - The National Energy Regulator of South Africa (Nersa) has granted power producer Eskom a licence for its Sere wind farm in the Western Cape, paving the way for the company to start construction of its $254.3 million (R2.4-billion) project. Sere is the Nama word for "cool breeze". The wind farm project is scheduled to become fully commercially operational by the end of ...
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Morgan Stanley India to sell wealth management arm to StanChart
MUMBAI - The UK based Standard Chartered (StanChart) Monday announced plans to acquire the Indian private wealth management business of US multinational financial services firm Morgan Stanley for an undisclosed amount as part of plans to expand operations. The acquisition is subject to regulatory approvals. "Standard Chartered India has agreed to acquire Morgan Stanley's onshore private ...
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Two Senior Saakashvili Allies Ex-Ministers Arrested In Georgia
TBILISI -- Former Georgian Prime Minister Ivane Merabishvili and former Health Minister Zurab Chiaberashvili have been arrested and charged with embezzling public funds. They are close associates of President Mihkeil Saakashvili and members of his United National Movement party. Georgia's Interior Ministry said the two former officials were summoned to the prosecutor’s office in ...
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Levada Center Russia’s Most Respected Pollster Fears Closure
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Kyrgyz To Cancel Manas Transit Center Deal With U.S.
BISHKEK -- The Kyrgyz government has decided to cancel the U.S.-Kyrgyz agreement on NATO's use of a transit center near Bishkek as of July 2014. The announcement of the decision appeared on the cabinet's official website on May 21. It says a draft of the decision will soon be given to the parliament for approval. The Transit Center at Manas International Airport has played a ...
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Romanian journalist assaulted called ‘kike’
The prime minister of Romania this week instructed authorities to investigate an apparent anti-Semitic assault on a journalist in Bucharest.According to a statement by the MCA Romania, The Center for Monitoring and Combating Anti-Semitism in Romania, Prime Minister Victor Ponta gave the order in connection with an incident which happened on May 17 to Mircea Marian, a journalist with the national ...
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More questions as IRS scandal widens
The report was issued by a Treasury inspector general on May 14, four days after an IRS official had acknowledged, and apologised for, the agency's targeting of conservative groups with names such as ';Tea Party'; and ';Patriots'; that had applied for tax-exempt ...
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Video Oklahoma tornado survivor reunited with pet dog
One of the survivors of the devastating tornado, which ripped through the suburbs of Moore, Oklahoma City has been reunited with her pet ...
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Best Buy profit tops estimates sales miss
(Reuters) - Best Buy Co Inc reported weaker-than-expected quarterly sales on Tuesday and warned that a slew of investments to win back shoppers could squeeze profits in the near ...
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Bombings continue across Iraq
Attacks in Iraq have killed at least 12 people and wounded dozens, officials have said, after a bloody day that claimed more than 70 lives across the country. A suicide bomber set off his explosives-laden vest on Tuesday at a military checkpoint in the town of Tarmiyah, 50km north of Baghdad. Fighters opened fire at the troops after the blasts, killing three soldiers and wounding nine, a ...
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40 more bodies expected half kids
>Are you experiencing severe weather in your area? Send photos and videos to CNN iReport. But please remember to stay safe. For local coverage of Monday's devastating storms in Oklahoma, go to these CNN affiliates: KFOR, KOCO and KOKH. Moore, Oklahoma (CNN) -- Even for a city toughened by disaster, Moore has never seen this kind of ...
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For $221k July 4th Fireworks Show on National Mall in Washington Will Go On
The show will go on. Sequestration may have cost Washington D.C. tourists a chance to tour the White House, but the Independence Day fireworks will go off as planned. ...
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Politkovskaya Case Sent To Court For Trial
The case of the 2006 killing of Russia's prominent investigative journalist Anna Politkovskaya is set to be tried again in court. Russian Investigative Committee spokesman Vladimir Markin said on May 21 that four men from Russia's North Caucasus region of Chechnya, Lom-Ali Gaitukayev, his nephews Rustam, Ibragim, and Dzhabrail Makhmudov, and former policeman Sergei Khadzhikurbanov ...
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Suspect In Attack On Ukrainian Journalists Arrested
KYIV -- A man suspected of beating two journalists in Kyiv on May 18 has been arrested. Interior Minister Vitaliy Zakharchenko told parliament on May 21 that the suspect, Vadym Titushko, has been charged with hooliganism. Lawmakers requested he brief them on the situation. On May 18, a group of athletic men in tracksuits attacked opposition activists during the "Get Up, ...
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Saakashvili Says Pacific Island No Longer Recognizes Abkhazia
TBILISI -- Georgian President Mikheil Saakashvili says the tiny Pacific island nation of Vanuatu has withdrawn its recognition of Georgia's breakaway region of Abkhazia. Saakashvili, who held talks with Vanuatu Prime Minister Moana Carcasses Kalosil this week on the sidelines of the Asia-Pacific Water Summit in Thailand, announced on May 20 that Vanuatu authorities had "changed ...
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A Walk Down Washingtons Alley Of Russian Poets
The Alley of Russian Poets is the brainchild of Uli Zislin, a Russian-born poetry collector and songwriter whose idea fell on receptive ears in ...
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Hezbollah Syrian army renew Qusair offensive
AMMAN - Lebanese Hezbollah fighters and Syrian soldiers, backed by air strikes and artillery, renewed an offensive aimed at driving Syrian rebels from the town of Qusair near the Lebanese border on Tuesday, opposition activists said.They said fighting was raging in Qusair, as well as in areas to the east where several army bases are located, and in the Hezbollah-held southern and western ...
Baltimore Feature
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Baltimore surplus might not be too far-fetched
If the advice of a new report on city government spending is taken onboard by city officials, and if new ways of saving are replicated in all departments, a budget surplus might not be so far-fetched a thought.
A comprehensive report on the state of the Baltimore city government has detailed a number of damning inefficiencies and wastes of financial resources, and has listed a number of steps the city should take to make itself more recession-proof during this time of runaway deficits and plunging income. Read more
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