Archive for January, 2010

US raises stakes on Iran by sending in ships and missiles

Pentagon says Patriot shield will deter strike on American allies in the GulfTension between the US and Iran heightened dramatically today with the disclosure that Barack Obama is deploying a missile shield to protect American allies in the Gulf from attack by Tehran.The US is dispatching Patriot defensive missiles to four countries – Qatar, United Arab Emirates, Bahrain and Kuwait ... Full story

US group ‘took Haitian children’

Ten Baptist workers to appear in Port-au-Prince court after attempting to take youngsters out of countryTen Americans will appear in court tomorrow in Port-au-Prince after attempting to take 34 children out of Haiti, saying that they were trying to rescue them.The Baptist aid workers, from the Idaho-based New Life Children's Refuge, were arrested on Friday as they attempted to leave ... Full story

Bank of England fears new crisis when stimulus ends

Bank may echo US warnings over future rise in ratesThe Bank of England is poised to follow the US by warning high street banks of the new risks they face from future rises in interest rates and the current upheaval in the bond markets.Deputy Bank of England governor Paul Tucker has admitted that UK authorities should consider emulating Donald Kohn, ... Full story

Haiti heads for debt crisis as emergency loans pile up after earthquake

• IMF's new $102m loan is criticised by charities• UN trade and development body calls for debt write-offHaiti is sleepwalking towards a debt crisis because international help for the earthquake-hit country is being given in the form of new loans, anti-poverty campaigners are warning.Unctad, the United Nations' trade and development body, which is leading international calls for the island ... Full story

Consumers go sour on the commodity market’s sugar rush

A combination of bad harvests and speculation has sent the price of cane soaring - and provoked protests and violence in AsiaWill that be one lump or two? Or, perhaps, none. A sugar rush is gripping the global commodities ­market. The price of the world's favourite sweetener shot to its highest level for 29 years this week in a worrying ... Full story

Strife-torn British Airways tries to start all over again

Squeezed by falling demand and rising fuel prices, the UK carrier has turned to radical plans to cut the cost of cabin crew staff. Can it succeed?A conference room in TUC headquarters is an underwhelming place to relaunch a blue-chip airline. But British Airways is steeped in aviation tradition and so are its staff, led by 13,500 cabin crew who ... Full story

Rain and hurricanes threaten Haiti with disease epidemics

With a million Haitians homeless and disease spreading, the earthquake-shattered island is threatened by other natural forcesAid agencies are warning of an imminent health crisis in Haiti, as the onset of the rainy season brings fears of outbreaks of waterborne diseases in Port-au-Prince's squalid refugee camps.With up to a million Haitians thought to have lost their homes in the earthquake, ... Full story

French women fight to defend the veil

The debate over a proposed French law banning the niqab in public buildings features some unexpected divisionsOn a grey Friday afternoon in Paris, Amina and her girlfriends are carrying fake designer handbags and wearing trainers sodden by the rain. Their heads are enveloped in the fur lining of their jacket hoods, and they are chatting vivaciously, swapping numbers on their ... Full story

China fumes at US arms sale to Taiwan

Tensions rise as Bejing halts military exchange with WashingtonChina and the US are set for renewed confrontation after Beijing warned of serious repercussions following Washington's announcement of a $6.4bn (£4bn) arms deal with Taiwan.Sanctions were imposed on US companies involved in the deal, and in one of a flurry of unsually strong statements condemning the American decision the Foreign Ministry ... Full story

Greeks protest over debt crisis

George Papandreou faces mounting unrest as he tries to fix the €300bn debt problemFor the first time in the modern history of Greece, anti-government protesters last night pitched tents outside the large standstone building of the Athenian parliament amid growing public anger and unprecedented international concern over the country's dire public finances.As Greeks attempt to get to grips with an ... Full story
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