Sunday, August 15, 2010

International Headlines

Date: Sun, 15 Aug 2010 05:02:04 -0400
TOP STORIES as of 0900 GMT -- 15 August, 2010

> U.N. CHIEF CALLS FOR FASTER AID TO FLOOD-HIT PAKISTAN
On a tour of flood-hit Pakistan, United Nations
Secretary-General Ban Ki-moon urges the international community
to do more to help the country -- and fast.

> RACE CAR PLOWS INTO CROWD, 6 DEAD
At least six people were killed when an off-road race car plowed
into a crowd in southern California on Saturday night,
authorities said.

> S. KOREA PRESENTS REUNIFICATION PLAN
South Korean President Lee Myung-bak has proposed a plan to
reunite his country with North Korea, including a tax to cover
expected costs, state media said Sunday.

> SATELLITE SHOWS SCOPE OF RUSSIAN FIRES
Satellite photographs on NASA's website show hundreds of hot
spots generated by Russian wildfires.

> CHINA MOURNS AS DEATH TOLL RISES
Flags will be lowered to half-staff across China and its
consulates Sunday to mourn the 1,156 victims of deadly mudslides
in the country's Gansu provice.

> OBAMA ADDS TO MOSQUE COMMENTS
President Obama on Saturday told CNN that in defending the right
of Muslims to build a community center and mosque near ground
zero, he was "not commenting on the wisdom" of the project.

> AFRICAN MIGRANTS KILLED AT ISRAELI BORDER
As many as four African migrants from Ethiopia and Eritrea
trying to cross into Israel from Egypt's Sinai desert were shot
dead by smugglers and 10 others were wounded, according to state
media.

> BOMB INJURES 3 CHILDREN IN N. IRELAND
Police in Northern Ireland said "it was an absolute miracle"
that three children were not seriously injured Saturday in a
bomb explosion in County Armagh.


~~~~~~~~~~~
BUSINESS
~~~~~~~~~~~


> TIME TO WORRY LIKE IT'S 2003?
Last week the Federal Reserve's open market committee startled
financial markets by raising its terror alert level over the
economy and declaring it would keep buying bonds to maintain its
loose-money stance.

> EXPORTS DRIVE GERMAN GROWTH SPURT
A surprise surge in Germany's second quarter economic growth has
been put down to an increase in exports. But can the good times
in the typically pessimistic nation last?

> EAST INDIA CO. REBORN AS LUXURY BRAND
It was the world's first multinational company, a trading giant
during the colonial rule of the Indian subcontinent. This week,
The East India Company is being reborn as a luxury brand --
under Indian ownership.


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