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Category Archives: world news
Eurozone consumer confidence improves in July
Consumer confidence in the 16- nation Eurozone improved significantly in July while that of the European Union (EU) also increased, the European Commission said on Thursday. According to the flash estimate of the Commission, consumer confidence indicator in the Eurozone … Continue reading
Explosions rock Russian power plant, two killed by gunmen
At least two people were killed and another two wounded by a group of unidentified gunmen before explosions rocked a hydro-electric station in Russia’s North Caucasus region on Wednesday, news agencies reported. The gunmen, believed to be militant fighters, entered … Continue reading
Former U.S. government worker gets life
A former U.S. State Department worker accused of spying for Cuba was sentenced to life in prison without parole, the U.S. Justice Department said on Friday. “Walter Kendall Myers, a former State Department official, and his wife, Gwendolyn Steingraber Myers, … Continue reading
Pakistan, India agree to continue dialogue process
Pakistani Foreign Minister Shah Mehmood Qureshi and Indian Foreign Minister S. M. Krishna Thursday agreed to continue the bilateral dialogue process to restore trust and confidence. The two foreign ministers expressed satisfaction over the outcome of the three-hour talks, which … Continue reading
U.S. Fed Concerned about Weaker Pace of Recovery
A new document released by the U.S. Federal Reserve on Wednesday showed that the central bank was still concerned with the pace of economic recovery and considered taking further monetary stimulus if necessary. Top officials of the Fed said that … Continue reading
Asian Market Roundup July 15
China China’s benchmark Shanghai Composite Index on the Shanghai Stock Exchange closed at 2,424.30 points Thursday, down 46.14 points, or 1.87 percent from the previous close. The Shenzhen Component Index on the Shenzhen Stock Exchange closed at 9,718.73 points Thursday, … Continue reading