World News

    • New Push for Reform in China
      China could face an economic crisis unless it implements deep reforms, including scaling back its state-owned enterprises and making them operate more like commercial firms, a report says.
    • Somali Militia Reels After Offensive
      Somalia's al-Shabaab militia, which has held much of the country in its violent sway for years, faced defeat at the hands of Ethiopian and Somali troops.
    • North Korea Set to Meet With U.S.
      South Korean President Lee Myung-bak said North Korea is trying to influence the outcome of elections in the South this year with threats against his government, but Seoul remains open to talks if Pyongyang wants to improve relations.
    • G-20 Asks Europe to Beef Up Funds
      Members of the Group of 20 advanced and developing economies plan to renew pressure on Europeans in coming days to expand their Continent-wide bailout funds, despite the latest rescue deal for Greece.
    • Calls for Syrian Truce Mount
      Russia backed a proposal for an emergency cease-fire in Syria as the military continued to bomb the city of Homs, killing dozens, including reporter Marie Colvin and photographer Rémi Ochlik.
    • Chinese Outraged By Denial of Nanjing
      Chinese Internet users are in an uproar after the mayor of Nagoya told a delegation from Nanjing that he doubted Japanese soldiers had committed atrocities during their World War II occupation of the city.
    • Quran-Burning Spurs Deadly Riots
      At least seven people were killed and dozens more injured as demonstrators attacked Afghan government and Western targets over the U.S. military's burning of copies of the Quran.
    • Resignation Sparks Australia Leadership Fight
      Australian Prime Minister Julia Gillard on Thursday called for a leadership vote within her ruling Labor Party, a day after bitter rival Kevin Rudd resigned as foreign minister, extending a political crisis that threatens the future of her government.
    • Argentine Rail Crash Raises Outcry
      A commuter train that had apparently lost its brakes barreled into a station in Buenos Aires during the Wednesday morning rush, killing at least 49 and injuring more than 600.
    • Chávez Health Struggle Stokes Political Uncertainties
      New uncertainties about Venezuelan President Hugo Chávez's health are threatening to spur a power struggle to succeed him among the factions that make up his political movement, and boosting the hopes of a rejuvenated opposition planning for the presidential election this fall.
    • Philippines' Ex-President Pleads Not Guilty to Fraud
      Former Philippine President Gloria Macapagal Arroyo pleaded not guilty to an electoral fraud charge at the opening of a landmark trial that is seen as a key test of her reformist successor's campaign to stamp out corruption.
    • Investigators Widen Cruise-Ship Probe
      Italian prosecutors have placed seven more employees of Costa Crociere, operator of the shipwrecked Concordia cruise ship, under formal investigation in connection with the ship's ill-fated journey, the company and investigators said.
    • South Sudan Expels Petrodar Executive
      South Sudan expelled the head of Petrodar, the country's largest oil producer and pipeline operator, accusing him of covering up the theft of oil by Sudan.
    • U.S. Defends Targeted Killings
      The Pentagon's top lawyer on Wednesday defended the use of targeted killings to eliminate suspected terrorists and militants, in an expansion of the Obama administration's public justification for its primary counterterrorism tool.
    • Asian Companies Rush to Borrow
      Asian companies are tapping bond markets at a record pace, worried that the euro-zone crisis may deepen and make it impossible for them to secure funds later in the year, say bankers who arrange borrowing.
    • Turkey's Internet Tiger Shows Signs of Stirring
      Turkey has that most scarce, yet highly sought-after, attribute among European economies: growth. With this rising tide, is now the time for investors to be contemplating Turkey's growing Internet economy?
    • Italy, India Clash Over Ocean Shooting
      The detention of two Italian naval officers over the fatal shooting last week of two Indians at sea has caused a diplomatic rift that deepened Wednesday, exposing the risks countries run by increasing the use of arms on commercial vessels to deter piracy.
    • Colombian Pipeline Halted by Bombing
      Pumping has been halted at Colombia's second-longest pipeline, the Cano Limon, after several bombings by leftist guerrillas in recent days, according to an official at national oil company Ecopetrol.
    • Iranian Leader Promotes Nuclear Plans
      Iran's Supreme Leader Ayatollah Ali Khamenei said Wednesday that the Islamic Republic would move ahead with its nuclear program?which he said is for peaceful purposes?despite growing international pressure.
    • Filmmakers Find No Separation Between Art, Politics
      Iranian filmmakers hoped that accolades for the film 'A Separation' would give them more breathing room. Instead, they have come under greater pressure from Tehran ahead of parliamentary elections.
    • Europe's Battered Lenders Turn to Retrenchment
      World financial markets may have breathed a collective sigh of relief over the rescue package for Greece, but European bank stocks have fallen since the announcement. This year is likely to be one of retrenchment as lenders work to meet strict capital requirements.
    • European Stocks Lower
      European stocks finished lower, as investors remained uninspired by Greece's latest bailout deal and expressed disappointment about data showing that business activity in the region unexpectedly slowed.
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