Archive for May 25th, 2008

Report slams French bank’s internal systems for huge loss

Sunday, May 25th, 2008

Jerome Kerviel, a former futures trader whose illegal massive trading positions led to a 5 billion euro (about 7 billion U.S. dollars) loss at French bank Societe Generale, was helped to cover up his tracks by an assistant, investigators ha ...

S Africans march against anti-immigrants violence

Sunday, May 25th, 2008

Thousands of South Africans took to streets here on Saturday, condemning the violence against immigrants from other African countries. With such placards as saying "Xenophobia hurts like apartheid, "they marched through the country' ...

Fighting erupts between Muslim rebels, gov’t forces in S Philippines

Sunday, May 25th, 2008

Fighting erupted Sunday between Muslim rebels and Philippine government soldiers in Basilan island in Mindanao, southern Philippines, forcing civilians to flee their homes, reported local television network GMA News. The clash broke ...

Backgrounder: Basic facts about FARC

Sunday, May 25th, 2008

The Revolutionary Armed Forces of Colombia, also known as the FARC, was established in May 1964 as a self-proclaimed Marxist-Leninist revolutionary guerrilla organization. It is considered a terrorist group by the Colombian government and m ...

DPRK welcomes deal between Lebanese factions

Sunday, May 25th, 2008

The Democratic People's Republic of Korea (DPRK) on Sunday welcomed a deal reached by Lebanon's rival factions in their bid to ease the country's 18-month political crisis. The deal, brokered by the Arab League on May 21 in the Qata ...

Japanese environment minister addresses G8 meeting on climate change

Sunday, May 25th, 2008

Japanese Environment Minister Ichiro Kamoshita delivered a keynote speech on climate change Sunday at the Group of Eight (G8) environment ministers meeting. In his speech, Kamoshita voiced his hope that the G8 leaders will reach an ...

World Health Assembly sets course for tackling health threats

Sunday, May 25th, 2008

The 61st World Health Assembly wrapped up on Saturday with new strategies and proposals for dealing with long-standing, new and looming threats to global public health. Among its achievements, the assembly endorsed a public health, ...

Egyptian FM: French-proposed Mediterranean union needs more understanding

Sunday, May 25th, 2008

Egyptian Foreign Minister Ahmed Abul Gheit said Saturday a French-proposed Mediterranean union initiative should be well formulated and needs more understanding. The Egyptian top diplomat told a press conference after some ten Arab ...