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Most Recent - CNN Student News - April 17, 2014



Wednesday, April 16, 2014  22:37

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World - Sexual violence against Egypt women `goes unpunished`: report


Sexual violence against women has been rife since the 2011 uprising in Egypt, where hundreds of female protesters have been the target of attack with apparent impunity, rights groups said Wednesday. `Successive Egyptian governments have failed to address violence against women, with serious implications for women`s participation in the political transition of their country,` said a group of rights organisations led by FIDH, the International Federation for Human Rights. Sexual assaults on women protesters were reported during demonstrations after the 2011 fall of Hosni Mubarak, and then under the military junta which ruled Egypt after him and again during protests against president Mohamed Morsi, they said in a report. It said 250 cases of sexual violence against women were reported between November 2012 and January 2014, many of them in and around Cairo`s iconic Tahrir Square -- the site of anti-Mubarak and anti-Morsi protests.


Wednesday, April 16, 2014  15:45

Yahoo

Business - Euro strength here to stay, unless ECB steps in


By Anirban Nag and Eva Taylor LONDON/FRANKFURT (Reuters) - Many of the factors driving the euro exchange rate to levels that have set off alarm bells at the European Central Bank are unlikely to go away on their own, part of the reason the bank has been threatening action. The euro is still off the peaks of 2011, but because inflation is now heading close to zero, the ECB is sensitive to its current rate because anything that makes it stronger pushes deflation nearer. Mario Draghi, the ECB president, said at the weekend a strengthening exchange rate would trigger more policy action. That could be some form of quantitative easing, or asset buying, to get more money into the system and hence make the euro cheaper.


Wednesday, April 16, 2014  16:23

Yahoo

Business - BofA reports first quarterly loss since 2011 on lofty legal bill


Bank of America Corp reported an unexpected first-quarter loss on Wednesday after it took a $6 billion charge to cover litigation expenses, a figure that far exceeded the legal settlements the No. 2 U.S. bank has announced recently. The bank had previously said that a settlement would cut into its earnings by $3.7 billion before taxes. The extra litigation expenses came from setting aside money to cover future legal settlements tied to previously disclosed mortgage-related matters, Chief Financial Officer Bruce Thompson told reporters. Still, the bank`s setting aside more money does not mean a settlement is imminent, Thompson told analysts on a separate conference call.


Wednesday, April 16, 2014  16:46

Yahoo

World - Egypt presidential hopeful urges political unity


Egypt`s leftist leader, the ex-army chief`s main rival in next month`s presidential election, Wednesday urged all revolutionary groups to unite, as a liberal party threw its weight behind him. Hamdeen Sabbahi, who has emerged as the main challenger to former field marshal Abdel Fattah al-Sisi in the May 26-27 vote, also reiterated that the military should stay out of politics. Sabbahi came third in the 2012 presidential election won by Islamist Mohamed Morsi, whom Sisi ousted last July. On Wednesday, Sabbahi urged all groups that joined the 2011 uprising against Hosni Mubarak to unite.


Wednesday, April 16, 2014  19:29

Yahoo

World - UK says Iraqi murder allegations against its troops a conspiracy


Allegations British troops unlawfully killed up to 20 Iraqi men at an army camp in 2004 were part of a conspiracy to pervert the course of justice, the British government told a public inquiry into the deaths on Wednesday. `The untruthful allegations cannot be attributed to honest mistakes or misunderstandings,` lawyers for Britain`s Ministry of Defence said in a closing submission to the inquiry, which has cost at least 27 million pounds ($45 million). `They are the product of a conspiracy between a number of the Iraqi core participants to pervert the course of justice.` Almost three years after the final British troops left Iraq in 2011, costly inquiries about the war have helped keep alive a public debate about why Britain got involved in the U.S.-led invasion of Iraq and how the war was conducted. Despite their allegations, lawyers for relatives of the dead Iraqis said last month there was insufficient evidence to back their clients` main claim of unlawful killing, which relates to events during and after a battle in southern Iraq on May 14, 2004.


Wednesday, April 16, 2014  19:29

Yahoo

World - Saudi authorities detain activist after court appearance: wife


A prominent Saudi rights lawyer and activist has been detained by authorities after appearing in court in Riyadh on sedition charges, his wife said on Wednesday. Waleed Abu al-Khair was sentenced by a court in the city of Jeddah to three months in jail in October for signing a petition in 2011 against the imprisonment of a group of activists demanding political reforms. An appeals court in the Muslim holy city of Mecca confirmed the sentence in February, but authorities did not implement it and Abu al-Khair had remained a free man since then. He also faces charges including breaking allegiance to the country`s ruler, disrespecting the authorities, creating an unauthorized association and inciting public opinion.


Wednesday, April 16, 2014  16:46

Yahoo

World - Former Egypt finance minister released hours after arrest in France: source


Former Egyptian finance minister Youssef Boutros Ghali was released following his arrest in Paris on an international warrant over corruption charges from his time in Hosni Mubarak`s government, a judicial source said on Wednesday. French police released Boutros Ghali hours after he was arrested at the request of Interpol on arriving in Paris from London on Monday, the source said. The source said Boutros Ghali had to be released because of his status as a political refugee in Britain, which includes a guarantee against imprisonment under the Geneva Convention. Boutros Ghali was sentenced in absentia to 30 years in prison in Egypt for corruption and abuse of power following the uprising that unseated Mubarak in 2011.


Wednesday, April 16, 2014  10:37

Yahoo

Business - China first-quarter economic growth slows to 7.4 percent


BEIJING (Reuters) - China`s annual economic growth slowed between January and March 2014 to 7.4 percent from 7.7 percent in the previous three months, but beat market expectations for growth of 7.3 percent, data showed on Wednesday. Other data released alongside GDP showed industrial output rose 8.8 percent in March from a year ago, versus expectations of a rise of 9 percent in a Reuters poll. Retail sales in March rose 12.2 percent on a year ago, above expectations for a 12.1 percent rise. Fixed-asset investment rose 17. ...


Wednesday, April 16, 2014  03:32

Yahoo

World - 17 injured in highway clash of Croatian fans


ZAGREB, Croatia (AP) — Police say at least 17 supporters of two rival Croatian football clubs have been injured, two seriously, as they clashed on a busy highway.


Wednesday, April 16, 2014  19:29

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