US $15 billion for new Libya
Western leaders have agreed to unfreeze Colonel Gaddafi`s assets and lift some of the sanctions imposed on the country. Meanwhile, Libya`s new rulers are setting timelines for elections.
Obama charged for drunk driving
When pulled over by Framingham, MA cops on suspicion of driving drunk last week, Onyango Obama knew exactly how he would use his one phone call from jail. "I think I will call the White House," he said. After all, that`s where his nephew lives.
US blames USSR in WW2 history re-write
The US embassy in Estonia has issued a statement claiming the Soviet Union and Nazi Germany were both responsible for starting World War II.
Syria may descend into chemical chaos
While violent unrest continues in Syria, concerns about the fate of Syria`s arsenal of chemical weapons are growing. There are fears it could fall into the wrong hands, causing catastrophic results.
Opposition clashes with police on Ukrainian Independence Day
Supporters of jailed Ukrainian opposition leader, former PM Yulia Tymoshenko have clashed with police in the centre of Kiev. The unrest has come as the country is celebrating its 20th anniversary of independence from the USSR.
China Construction Bank to develop its banking in Russia
China`s second largest bank, China Construction Bank (CCB), will invest around $150 million to develop its Russian subsidiary, with analysts saying the bank is eyeing the growth potential of Russia`s banking market.
America becomes a food stamp nation
You don`t have to dig deep to see the results of the financial crisis of `07. With the aftermath still evident as the US skirts the brims of recession, here is yet another example of economic collapse: 15 percent of Americans are using food stamps.
`Second colonization of Africa underway`
NATO`s operation in Libya is a perfectly planned political spectacle which marks the beginning of the second colonization of Africa, declared former Belgian Parliament deputy speaker Lode Vanoost.
Gaddafi forces fire three Scud missiles at rebel-held Misrata
US military say they have registered three new Scud missiles launches fired by Libyan loyalist forces, this time at the rebel stronghold of Misrata.
Obama says Gaddafi must recognize his rule is over
In a statement, US President Barack Obama declared that Libyan leader Muammar Gaddafi had lost control of his country and that Washington would stay in close co-ordination with the Libyan Transitional National Council.
Belarus nuke rebuke over US sanctions
Minsk has responded to a new round of US sanctions by suspending a joint project with the US for exchanging highly enriched nuclear fuel.
Israel retaliates: Gaza pounded after deadly Sinai attacks
Israeli military officials confirmed an air strike on southern Gaza following deadly attacks on Israel earlier Thursday. The Israeli government has blamed Gaza militants for the series of attacks that killed seven Israelis and injured at least 30.
Pentagon to cut pensions for veterans
With the Pentagon looking for new ways to cut back on costs, a report released this week presents a plan to save $250 billion over the next two decades. All they have to do is take away retirement plans from veterans.
China`s war machine raises specter of expansionism
China is taking its military might to a new level, completing a round of trials of its first-ever aircraft carrier - a Soviet air-capable cruiser Varyag bought in unfinished condition from Ukraine in 1998.
US gives millions to the Taliban
A new report out of Washington estimates that around $360 million in US military money went into the hands of enemy insurgents in Afghanistan, including the Taliban.
American majority wants Cuban embargo lifted
Poll after poll show a growing number of Americans want an end to the US embargo on Cuba. It has been in place for over half a century and though it was designed to bring down Fidel Castro, it is Cuba`s citizens who have felt its impact most.
9/11 could have been prevented
A former White House official is speaking out about an alleged cover-up perpetrated by the CIA to cover-up information that could have prevented the September 11 terrorist attacks.
Hopes fade for Spain`s survival in eurozone
The European Central Bank has disclosed details of its emergency operation to save Italy and Spain from the debt crisis, revealing that it spent a record euro 22 billion on government bonds.
Wave of nationwide social protests hits Israel
Tens of thousands people have gathered across Israel for fresh protests for a "welfare state" on Saturday night. The organizers picked 18 smaller cities, setting Tel Aviv aside this time, "to let the rest of the voices speak."
Medvedev imposes sanctions on Libya
President Dmitry Medvedev has signed a decree to implement UN Security Council resolution 1973 that introduces sanctions against the Libyan regime.
Moscow and Kiev to talk energy
President Dmitry Medvedev will meet with his Ukrainian counterpart Viktor Yanukovich later on Thursday in Sochi to discuss the implementation of several bilateral agreements.
"Dramatic changes due in North and South Korea relations"
The already strained relations between North and South Korea came under increased pressure on Wednesday, but John Feffer, a co-director of Foreign Policy in Focus, believes that 2012 might bring some dramatic changes in the countries` relations.
Gaddafi`s "dead" son shows up on TV┘again
Libyan state TV has broadcast what it said was footage of Colonel Gaddafi`s son Khamis visiting people wounded in an air attack. Earlier rebels claimed he had been killed in a NATO air strike last week.
China to outstrip US by 2016
Many analysts are predicting a power shift in the financial arena quite soon, since according to International Monetary Fund projections, China could leapfrog the United States to become the world`s largest economy by 2016.
Global selloff continues on the back of U.S. and Eurozone fears
With global financial markets witnessing the worst sell-off since the middle of October 2008, on the back of EU debt concerns and fears of a double dip recession in the US, Business RT spoke with Manoj Ladwa, Senior Trader at ETX capital.