Obama Announces $3 Billion in Private Sector Pledges to Help Feed Africa U.S. President Barack Obama has announced a new global partnership to involve the private sector in improving food security in Africa, as wealthy nations struggle with shrinking budgets.
President Obama announced the effort in Washington Friday, as leaders of the Group of Eight leading industrialized nations (the United States, Britain, Germany, France, Italy, Japan, Canada and Russia) prepared to hold their annual economic summit at the Camp David presidential retreat outside the ...
Moody’s Downgrades Spanish Banks World stocks fell Friday, after the credit rating of more than a dozen Spanish banks was downgraded. The blow comes amid investor fears about the stability of the eurozone.
Residents on the streets of Spain’s capital, Madrid, seemed resigned to the downgrading. One resident said the measure should have happened a long time ago because the banks in Spain are not in a good position to secure deposits and accounts.
But residents say Spain is on the right track to resolve its ...
European Economy, African Food Security to Top G8 Summit WHITE HOUSE - Europe’s economic crisis is expected to dominate the discussions when the Group of Eight nations hold their economic summit near Washington on Friday and Saturday. Food security in Africa will also be high on the agenda.
The meeting at the Camp David presidential retreat will be the first G8 summit to include France’s new president, Francois Hollande.
The French leader was elected on a promise to help move Europe toward a pro-growth economic plan, and away ...
Regional Crises Boost Turkey's Ties With Iraq's Kurds ISTANBUL, Turkey -The prime minister of Iraq's Kurdistan autonomous region is visiting Turkey - his first trip there since taking office in March. The visit is expected to build on the growing rapprochement between Turkey and Iraq's Kurds. That process is being enhanced by deepening crises in Iraq and and mutual neighbor Syria.
Political analysts in Turkey see the visit by Iraqi Kurdish Prime Minister Nechirvan Barzani as a sign of the growing importance of his Turkish neighbor.
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Turkey Protests Israeli Flyover of North Cyprus Turkey is demanding that Israel explain an alleged incursion by an Israeli aircraft into northern Cypriot airspace.
In a statement Thursday, the Turkish military said the Israeli plane violated the airspace five times on Monday. The statement did not identify the type of aircraft.
Turkey's Foreign Ministry said it has contacted Israel's mission in Ankara to get an explanation.
Israel's military has declined to comment on the allegation.
Cyprus has been divided ...
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Tight, Negative US Presidential Campaign Expected: Analysts Less than six months before the U.S. presidential election, new polls show a deadlocked race between President Barack Obama and his expected Republican opponent, former Massachusetts governor Mitt Romney.
The intense verbal jousting between the Obama and Romney campaigns has begun early and political analysts predict a long and largely negative campaign between now and November.
Frank Newport is a pollster with one of the most respected monitors of U.S. public opinion, the Gallup ...
UNESCO: Warns Heritage Sites in Mali, Arab World at Risk UNITED NATIONS - The United Nations cultural organization, UNESCO , warns that world heritage sites in the West African country of Mali and in the Arab world are at risk of damage and theft as political upheaval sweeps through those states.
Distruction of historical manuscripts
The ancient city of Timbuktu saw its golden age as an Islamic intellectual and spiritual center in the 15th and 16th centuries. Its three great mosques, the Djingareyber, Sankore and Sidi Yahia, ...
Pentagon Accuses China of Cyberspying to Expand its Economy and Military The Pentagon accused China Friday of using cyberespionage to improve its economy and expand its military.
In an annual report to Congress , the Department of Defense said, "Chinese actors are the world's most active and persistent perpetrators of economic espionage." The report went on to say that Chinese spying would continue to pose a growing threat to U.S. economic security.
The Pentagon said the main focus of the People's Liberation Army remains ...
Internet Fair Showcases Innovation, Diversity The atmosphere is electric at Internet Week New York’s headquarters in the city's trendy Soho neighborhood, as computer programmers, artists, entrepreneurs, investors and journalists browse and compare notes on the latest trends in the Internet industry.
“I think that people who work in this industry are really, really vocal advocates for what they do," says Greg James of the global advertising agency, Cake. "There is a real passion about it. So you come to an event like this ...
