Most Popular
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Russia sent more than 165,000 barrels of refined petroleum to N. Korea in March: White House
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Key suspects grilled over alleged abuse of power in Marine death inquiry
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S. Korean children, teens grow taller, mature faster than before: study
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Army takes group action against Hybe for neglecting BTS
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[Graphic News] Number of coffee franchises in S. Korea rises 13%
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Marine Corps commander summoned by CIO for questioning on alleged influence-peddling case
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Some junior doctors are returning: Health Ministry
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[Robert J. Fouser] AI changes rationale for learning languages
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Ador CEO's request for exclusive right to terminate NewJeans' contract with Hybe refused in February
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Woman dangling from power lines rescued by residents holding blanket
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World Bank warns global growth will likely slow
Bank forecasts global economy will expand 2.5%, developing countries will grow 5.4% this yearWASHINGTON (AP) ― A recession in Europe and weaker growth in India, Brazil and other developing countries will likely slow global economic growth, the World Bank said Tuesday.In its annual report, the bank substantially cut its forecasts for growth in both developed and poorer nations. It now projects that the global economy will expand 2.5 percent this year and 3.1 percent in 2013. That’s down from a Ju
World BusinessJan. 18, 2012
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Singapore P.M. says Obama earns less than him, but has perks
SINGAPORE (AFP) ― Singapore Prime Minister Lee Hsien Loong said Tuesday he may earn more than the U.S. president but Barack Obama has much better perks such as free travel on Air Force One and holidays in Camp David.Mounting a vigorous defense of the high salaries of Singapore ministers, Lee said the city-state cannot emulate the lower pay structures of bigger countries like the United States or Britain.Lee’s ruling People’s Action Party has been on the defensive since general elections in May l
World NewsJan. 18, 2012
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Mubarak trial sums up divisions within Egypt
CAIRO (AP) ― Hosni Mubarak, on trial for his life, is ferried to court by helicopter from a presidential hospital suite. His sons and co-defendants swagger in wearing designer track suits and no handcuffs. His security chief is treated with near reverence by police in the courtroom.For activists in Egypt, the scenes only deepen their feeling that the authoritarian system the ousted president oversaw remains largely in place, almost a year since the 18-day uprising that toppled him.When Mubarak’s
World NewsJan. 18, 2012
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Spain’s dictator-hunting judge tried
MADRID (AFP) ― A Spanish judge who gained international attention by pursuing former Chilean dictator Augusto Pinochet went on trial himself Tuesday, accused of abuse of power in an illegal wiretapping case.Judge Baltasar Garzon appeared in the Supreme Court in Madrid in one of three cases which his defenders say are politically motivated bids to stop him prosecuting crimes dating from the dictatorship of Francisco Franco.Garzon, 56, is alleged to have ordered illegal wiretaps in a corruption ca
World NewsJan. 18, 2012
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Husband saves his wife’s life by giving up only life jacket
TOULOUSE, France (AFP) ― The widow of a Frenchman who died on the Costa Concordia luxury liner gave a chilling account Monday of how her husband sacrificed his life by giving her the only life jacket they had.“I owe my life to my husband,” said Nicole Servel, 61, whose husband Francis was one of at least six people to die when the luxury liner ran aground off the Italian coast on Friday night. “He said to me ‘jump, jump’. And as I don’t know how to swim, he gave me his life jacket. I was hesitan
World NewsJan. 18, 2012
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Cruise captain refused to return to his vessel in its last moments
ROME (AP) ― “You go on board! Is that clear? Do you hear me?” the Coast Guard officer shouted as the captain of the grounded Costa Concordia sat safe in a life raft and frantic passengers struggled to escape after the ship rammed into a reef off the Tuscan coast.“It is an order. Don’t make any more excuses. You have declared ‘Abandon ship.’ Now I am in charge.”The dramatic recording made public Tuesday shows Capt. Francesco Schettino resisted orders to return to his ship to direct the evacuation
World NewsJan. 18, 2012
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Smoke bomb thrown over White House fence
WASHINGTON, Jan 17, 2012 (AFP) - Protestors linked to the "Occupy" movement apparently threw a smoke bomb over the White House fence on Tuesday, capping a day of protests in Washington, the Secret Service said.No arrests were made after demonstrators from the Occupy DC group marched on the White Hou
World NewsJan. 18, 2012
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Italy captain denies abandoning ship as toll rises to 11
The captain of the doomed Italian cruise liner denied Tuesday he had abandoned ship, as rescue divers found another five bodies in the wreckage, bringing the death toll to 11.A dramatic port authority recording of a telephone exchange as the disaster unfolded showed that captain Francesco Schettino
World NewsJan. 18, 2012
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Footage under scrutiny in Calif. murder-suicide
FRESNO, Calif. (AP) — Police are combing through video footage of a woman who recorded herself smoking methamphetamine before shooting her two young children, their father, a cousin and herself, seeking clues into a weekend tragedy that unfolded in California's Central Valley.The apparent murd
World NewsJan. 18, 2012
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Electronics frenzy tops $1 trillion
Sales of consumer electronics from smartphones to digital cameras will exceed $1 trillion for the first time this year, driving tin consumption higher just as stockpiles of the metal slump to a 33-month low. Demand will outpace supply for a third consecutive year, with the 9,400-metric-ton shortage seen by ITRI Ltd., a St. Albans, England-based industry group, enough to make about 9 billion mobile phones. London Metal Exchange inventories fell 52 percent since August to the lowest since April 20
World BusinessJan. 17, 2012
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U.S. retail group forecasts growth for 2012
NEW YORK (AP) ― The nation’s largest retail trade group expects a solid 3.4 percent increase in sales this year, below last year’s 4.7 percent increase as job woes weigh on shoppers. Sales should reach $2.53 trillion in 2012, up from last year’s $2.45 trillion, boosted in part by higher prices across all goods, according to a report today from the National Retail Federation. The 3.4 percent bump would still outpace the 10-year annual average increase of almost 3.1 percent and would also mark a t
World BusinessJan. 17, 2012
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IMF warns of eurozone ‘spiral’ ...as banks take cover
PARIS (AFP) ― Europe’s stock markets mostly rode out Standard and Poor’s downgrade of several eurozone players when they reopened stable on Monday, but the single currency itself remained under pressure.Meanwhile, in a sign of trouble to come, European banks stowed record sums in the ECB for safe keeping and a top IMF official warned the eurozone faces a “downward spiral” if it fails to get its governance in order.France’s President Nicolas Sarkozy received a boost when Moody’s declined to match
World BusinessJan. 17, 2012
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ECB’s Draghi: Must learn to do without downplays
STRASBOURG (AFP) ― European Central Bank chief Mario Draghi on Monday downplayed the importance of ratings agencies after Standard & Poor’s mass downgrade of eurozone countries, saying markets had priced in the action.“I think what we should do is to learn either to do without them or with them but to a much more limited way than we do today,” said Draghi, in his capacity as head of the European Systemic Risk Board.“To a great extent, markets anticipated these ratings changes and priced their as
World BusinessJan. 17, 2012
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French downgrade puts onus on Germany: analysts
BRUSSELS (AP) ― One of the defining images of Europe’s two-year-old debt crisis is that of the French and German leaders, side by side on a podium presenting their latest strategy for the continent.But the underlying message of this image ― former foes presenting a united front as the 17 countries that use the euro face their biggest crisis since World War II ― may now be under threat.Standard & Poor’s downgrade last Friday of France’s creditworthiness to “AA+” leaves Germany as the only large e
World BusinessJan. 17, 2012
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Asia awaits lunar year ‘dragon baby’ boom
SINGAPORE (AFP) -- A black maternity dress accentuates the football-size bulge in Cassandra Cheong’s abdomen, proudly proclaiming her status as an imminent mother of a “dragon baby.”Cheong, 26, has been carrying her daughter for 38 weeks and is due to give birth after Jan. 23, the start of the Year of the Dragon which comes every 12 years in the Chinese almanac and traditionally triggers a baby boom in Asia.“Of course I am happy,” a smiling Cheong told AFP after emerging from her gynecologist’s
World NewsJan. 17, 2012
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Nigeria fuel strike ends with soldiers in streets
LAGOS (AP) ― Labor unions ended a crippling nationwide strike in Nigeria after the country’s president partially restored subsidies that keep gasoline prices low, though it took soldiers deployed in the streets to stop demonstrations in Africa’s most populous nation.Union leaders claimed a victory on Monday for labor, saying this would allow its leaders to guide the country’s policy on fuel subsidies in the future. But the newly agreed price of about $2.27 a gallon is still more expensive than t
World NewsJan. 17, 2012
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Kazakh ruling party’s win tempered by criticism
ASTANA (AP) ― Weekend elections have determined that Kazakhstan’s parliament is no longer a one-party chamber, but international observers say the vote failed to meet democratic standards.Authoritarian President Nursultan Nazarbayev had called the snap election in November, so Kazakhstan could proceed further along the path of democracy, he said.According to preliminary results announced Monday, Nazarbayev’s Nur Otan party won 80.7 percent of the vote, with two other parties achieving slightly m
World NewsJan. 17, 2012
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Environmental fears mount on Italian cruise wreck
ROME (AP) ― Italy’s cruise liner tragedy turned into an environmental crisis Monday, as rough seas battering the stricken mega-ship raised fears that fuel might leak into pristine waters off Tuscany that are part of a protected sanctuary for dolphins, porpoises and whales.The ship’s Italian operator accused the jailed captain of causing the wreck that left at least six dead and 29 missing, saying he made an “unapproved, unauthorized maneuver” to divert the vessel from its programmed course.Earli
World NewsJan. 17, 2012
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Rev. Martin Luther King remembered
WASHINGTON (AP) ― President Barack Obama and his family are marking Martin Luther King, Jr. Day with a volunteer service project at a local school.The Obamas joined other volunteers Monday morning at the Browne Education Campus in the District of Columbia.After greeting volunteers, the president and his family helped build bookshelves in the school’s library.This is the third year in a row the Obamas have participated in a service project on King’s holiday.Washington is home to the Martin Luther
World NewsJan. 17, 2012
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Republicans assail Romney in debate
MYRTLE BEACH, South Carolina (AP) ― Mitt Romney’s Republican rivals attacked his record as a venture capitalist Monday night in the first of two debates before a pivotal weekend primary in South Carolina, where a Romney victory could seal his lock on the Republican nomination to challenge President Barack Obama in the November general election.The president ― weighed down by a struggling American economy ― is seen as vulnerable in his quest for a second White House term. Relentlessly high unempl
World NewsJan. 17, 2012