|
|
|
 |
By Christine Stebbins CHICAGO (Reuters) - Financial trading in world markets has grown so lightning-fast that effective regulation is growing tougher by the second, increasing the threat of crashes sparked by hoaxes, electronic glitches or yet-unknown causes. The latest alarm was triggered by a fake tweet saying that the White House was bombed, prompting a U.S. market nosedive that ended minutes later when the Associated Press said its Twitter account had been hacked. In 2010 U.S. stocks plunged in a `flash crash` following aggressive sales of stock-index futures by a mutual fund. ...
Monday, May 20, 2013 01:25 |
|
RAMADI, Iraq (Reuters) - - Militants killed at least 10 Iraqi policemen in a series of attacks on checkpoints in the West of the country on Sunday, police and local officials said. Sectarian tensions in Iraq have been amplified by the conflict in neighboring Syria, where mostly Sunni rebels are fighting to overthrow President Bashar al-Assad who is backed by Shi`ite Iran. There was no immediate claim of responsibility for the Iraqi attacks, but Sunni militant groups have previously targeted security forces in a campaign to destabilize the Baghdad government, which they reject as illegitimate. ...
Sunday, May 19, 2013 23:38 |
|
DETROIT (Reuters) - General Motors Co shares on Friday topped their 2010 initial public offering price, which will help the automaker`s largest shareholder, the U.S. Treasury, pare its losses. GM shares broke above $33.00, the price in the November 2010 IPO, rising as high as $33.21 in morning trading. It is the first time the stock has surpassed $33 since May 2011. So far this year GM`s stock is up 14.5 percent. The run-up in the stock price could help Treasury, which provided GM with a $49.5 billion bailout, trim losses that will likely still total billions of dollars. ...
Friday, May 17, 2013 15:49 |
 |
Olli Rehn, the European Union`s top economist and a focus of anger across Europe against harsh belt-tightening policies, says he is not a doctrinaire adherent to austerity measures.
Saturday, May 18, 2013 03:20 |
|
Japan`s economy has posted an unexpectedly robust growth rate, but economists said Europe, particularly Germany under Chancellor Angela Merkel, is not willing to learn from Tokyo.
Friday, May 17, 2013 01:49 |
|
The workers were protesting the government`s use of an emergency law to battle trade unions that oppose austerity measures demanded by creditors.
Tuesday, May 14, 2013 23:52 |
|
Tax evasion lies at the very heart of the Greek financial collapse, yet efforts to collect billions of euros in taxes from deadbeats have yielded little additional tax revenue.
Sunday, May 12, 2013 23:23 |
|
By Joe Bavier ABIDJAN (Reuters) - Authorities in Ivory Coast on Saturday arrested a militia leader accused of participating in one of the worst massacres committed during the West African nation`s post-election violence in 2011, a military official and witness said. Some 3,000 people were killed in the brief armed conflict that broke out after incumbent president Laurent Gbagbo refused to acknowledge defeat at the hands of his rival Alassane Ouattara in a run-off poll in late 2010. ...
Saturday, May 18, 2013 19:01 |
|
ABIDJAN, Ivory Coast (AP) Officials in Ivory Coast say the military has detained a militia leader accused of grave crimes during the country`s 2010-11 postelection violence whose forces had been illegally occupying a national park.
Saturday, May 18, 2013 17:59 |
|
UNITED NATIONS (Reuters) - U.N. Secretary-General Ban Ki-moon on Friday appointed former Dutch development minister Albert Gerard Koenders as U.N. special envoy for Mali and head of the U.N. peacekeeping mission in the West African country. Ban said Aichatou Mindaoudou Souleymane of Niger would replace Koenders as head of the U.N. peacekeeping mission in Ivory Coast. Souleymane is currently deputy envoy for the African Union and U.N. peacekeeping mission in Darfur. Koenders was the Dutch minister for development cooperation between 2007 and 2010 before he took up the Ivory Coast role in 2011. ...
Friday, May 17, 2013 18:49 |
|
