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Africa/International
Oil price rises to $89 per barrel
Oil prices rose to near $89 a barrel Thursday in Asia as a weaker U.S. dollar made crude cheaper for investors with other currencies.
Benchmark oil for January delivery was up 55 cents to $88.83 a barrel at midday Singapore time in…
US cable says China has ‘no morals’ in Africa – WikiLeaks
The United States thinks China is a "pernicious economic competitor with no morals" whose booming investments in Africa are propping up unsavoury regimes, according to a leaked diplomatic cable.
The frank assessment by the US assistant…
More US billionaires pledge to give away part of wealth
Seventeen U.S. billionaires, including Facebook founder Mark Zuckerberg, have joined other wealthy American in pledging to give away at least half their fortunes as part of a philanthropic campaign by two of the world's richest men --…
WikiLeaks backers attack Visa, MasterCard sites
Credit card giants MasterCard and Visa came under intense cyber attack on Wednesday as supporters of WikiLeaks retaliated for moves against Julian Assange after the release of U.S. diplomatic cables that angered and embarrassed Washington.…
UK Parliament to vote on university fee rise
Parliament will vote on Thursday on plans to raise tuition fees for university students, an issue which has badly split the Liberal Democrats and sparked violent protests in London.
The bill is expected to pass in a vote on Thursday…
US House passes Dream Act
The House of Representatives voted to pass the Dream Act on Wednesday night, catapulting to the Senate a bill that would offer a path to citizenship for hundreds of thousands of illegal immigrants who came to the country when they were…
Gold price falls below record
Gold slipped below a lifetime high on Wednesday as the U.S. dollar firmed, while silver regained strength after holdings in the world's largest silver-backed exchange-traded fund hit another record.
U.S. government bond yields rose,…
ECOWAS tells Gbagbo to step down
The West African regional bloc ECOWAS recognised Alassane Ouattara as Ivory Coast's president-elect on Tuesday after a disputed ballot and urged incumbent Laurent Gbagbo to accept defeat.
Gbagbo earlier defied international demands for…
IMF boss criticizes Euro zone crisis management
The head of the International Monetary Fund criticised Europe's disjointed response to the euro zone debt crisis on Tuesday after Germany and other states resisted his calls for bolder action.
IMF Managing Director Dominique Strauss-Kahn…
Microsoft unveils new privacy feature for Internet Explorer
An upcoming version of Microsoft Corp.'s Internet Explorer browser will let users add lists of sites that they don't want tracking them, a peace offering amid uproar over the sneaky ways that websites watch their users as they bounce around…