By Ocean on Aug 21, 2008 in Uncategorized | 0 Comments
Russia has vowed to respond to the signing of a US-Poland missile defence deal and “not only by diplomatic protests”.
Moscow warned on Wednesday that the pact to station 10 US interceptor missiles just 180km from Russia’s westernmost frontier would fuel a new arms race in Europe.
“Such actions create mistrust and spur an arms race on [...]
By Ocean on Aug 21, 2008 in Uncategorized | 0 Comments
A peace deal that the Philippine government was about to sign with a Muslim separatist group now seems all but impossible after a court ruling triggered a fresh series of attacks in which dozens were killed.
Police special forces were hunting Moro Islamic Liberation Front (MILF) fighters in the southern Philippines on Thursday with shoot-to-kill orders.
Al [...]
By Ocean on Aug 21, 2008 in Uncategorized | 0 Comments
(Reuters) - The Federal Reserve acted on rumors last month and called Credit Suisse Group to see if it had pulled a credit line from Lehman Brothers Holdings Inc, The Wall Street Journal said citing people familiar with the matter.
Credit Suisse told Fed officials that there was no truth to the rumor and it had [...]
By Ocean on Aug 20, 2008 in Uncategorized | 0 Comments
MADRID (Reuters) - About 145 people were killed when a Spanish jet taking holidaymakers to the Canary Islands crashed on takeoff and burst into flames at Madrid airport on Wednesday, an emergency services spokesman said.
Smoke billowed up near Terminal Four from the remains of Spanair’s Flight JK5022, an MD-82 jet bound for Las Palmas in [...]
By Ocean on Aug 20, 2008 in Uncategorized | 0 Comments
Condoleezza Rice, the US secretary of state, has arrived in Poland to sign a deal that will see a US missile defence base built on the soil of the former Soviet satellite.
Rice and Radek Sikorski, her Polish counterpart, are to sign the deal on Wednesday in Warsaw, the capital, in the presence of both the [...]
By Ocean on Aug 20, 2008 in Uncategorized | 0 Comments
The Philippine separatist group Moro Islamic Liberation Front has warned the government against launching an all-out offensive in the country’s south, saying it would be “the most serious blunder that this sitting regime could commit”.
Filipinos will be caught again in the “never-ending vicious cycle of political and economic instability”, the Muslim separatist group said in [...]
By Ocean on Aug 20, 2008 in Uncategorized | 0 Comments
Growth has turned “sluggish,” the Bank of Japan declared Tuesday, revising downward its assessment of the economy for the second straight month.
It is the first time in more than 10 years that the BOJ has used “sluggish” to describe the economy and underscores the recent downward trend as exports decline and prices of oil and [...]
By Ocean on Aug 20, 2008 in Uncategorized | 0 Comments
LONDON (Reuters) - Spanish builder Ferrovial must sell three of the seven British airports it bought for 10 billion pounds ($18 billion) two years ago under a tougher-than-expected ruling on Wednesday.
Two of its three busy London airports, Heathrow, Gatwick and Stansted, plus one in Scotland, will have to go, said the UK Competition Commission, which [...]
By Ocean on Aug 19, 2008 in Uncategorized | 0 Comments
Nato foreign ministers are gathering in Brussels for an emergency summit to discuss how the alliance should respond to Russia’s military action in Georgia.
On the eve of the meeting, US Secretary of State Condoleezza Rice said the West must deprive Russia of any strategic victory from its assault on Georgia.
Tbilisi says Russia is not pulling [...]
By Ocean on Aug 19, 2008 in Uncategorized | 0 Comments
Dozens of Taliban fighters and suicide bombers have attacked a US military base in eastern Afghanistan, officials said.
At least 13 people were reportedly killed on Tuesday, some in their own suicide blasts.
The Nato-led International Security Assistance Force (Isaf), confirmed that Camp Salerno in the eastern town of Khost, 30km from the border with Pakistan, [...]