December 25, 2011
After years of sky-rocketing credit growth to finance development, Vietnam’s banking system is now weighed down by toxic loans that have forced the communist nation to launch tough reforms. The Southeast Asian country’s financial sector consists of about a hundred banks — either state-owned, private or foreign bank branches. But most have only limited [...]
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December 23, 2011
Iraqi security forces inspect the site of the bomb attack in Baghdad’s Shaab District, northern Baghdad, December 22, 2011. A wave of bombings killed at least 63 people in Baghdad on Thursday, the first attacks since Iraq’s Shi’ite-led government was engulfed in a crisis that risks fracturing the country along sectarian and ethnic faultlines. The [...]
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Posted in International | Comments Off
December 18, 2011
A Salvation Army band performs for shoppers in London on the final Saturday before Christmas on what is traditionally one of the busiest retail days. Europeans are tightening their belts and spending less on Christmas gifts this year as they struggle with incomes hit by austerity measures or fear the economy could worsen in [...]
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November 24, 2011
 File picture shows German Chancellor Angela Merkel (L) and French President Nicolas Sarkozy prior to a joint press conference on the eve of the G20 Summit November 2. The leaders of France, Germany and Italy were to hold emergency talks on Thursday in the shadow of a failed German bond auction which took [...]
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October 30, 2011
Tens of thousands of people rally in support of Syrian President Bashar al-Assad in Damascus on October 26. Syria’s President Bashar al-Assad has warned that any Western intervention would cause an “earthquake” inflaming the region, after almost 100 people died in the bloodiest two days of the uprising against his rule. Assad in an interview [...]
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August 11, 2011
Police officers prepare to carry out a raid in Pimlico, London, August 11, 2011. Prime Minister David Cameron vowed Thursday to hunt down the street gangsters and opportunistic looters he blamed for Britain’s worst violence in decades, and acknowledged that police tactics had failed at the start of the rioting. "The fightback has well and [...]
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July 29, 2011
A Spanish flag flutters over the Bank of Spain in Madrid March 10, 2011. Rating agency Moody’s put Spain on review for a possible downgrade on Friday, adding to concerns that a Greek rescue package has done little to halt the spread of Europe’s debt crisis. Moody’s move to place the Aa2 government bond rating [...]
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July 20, 2011
News Corporation Chief Rupert Murdoch gives evidence to a Parliamentary Select Committee on the phone hacking scandal Prime Minister David Cameron arrived back in Britain to face a grueling parliamentary examination on Wednesday over the phone-hacking scandal, a day after Rupert Murdoch told lawmakers he was not to blame for the crisis. Cameron returned to [...]
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April 3, 2011
Japan's Prime Minister Naoto Kan (R) bows as he speaks to tsunami victim Ryoko Otsubo during his visit to an evacuees shelter in Rikuzentakata, after the area was devastated by a magnitude 9.0 earthquake and tsunami April 2, 2011 Japan’s prime minister made his first visit to the country’s tsunami-devastated region on Saturday and entered [...]
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April 2, 2011
In a handout picture released by Greenpeace and taken on March 27, 2011 shows a Greenpeace team member holding a Geiger counter displaying radiation levels of 7.66 micro Sievert per hour in Iitate city, Fukushima Pressure grew on Thursday for Japan to expand an evacuation zone round its stricken nuclear plant where radiation hit 4,000 [...]
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Posted in International | Comments Off
