Archive | Global Economy

Karadzic Accuses His Accusers


THE HAGUE — In a rambling letter released by the war crimes tribunal on Friday, Radovan Karadzic raised what he called “serious irregularities” in his treatment and said that an international “media witch hunt” had jeopardized his chances for a fair trial.

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Agence France-Presse — Getty Images
Former Bosnian Serb wartime [...]

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Bank Tries to Allay Fears of Instability in Venezuela


CARACAS, Venezuela — The central bank sought on Friday to calm fears of faltering banks a day after President Hugo Chávez unexpectedly announced the nationalization of a large Spanish-owned bank, his latest effort to intensify state control over the economy through takeovers of private companies.
The nationalization of the bank would extend to the financial sector [...]

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As Tensions Rise for Egypt’s Christians, Officials Call Clashes Secular


 
 
A monk at the Abu Fana Monastery wore a neck brace this week after a violent clash at the monastery in May. More Photos
CAIRO — A monastery was ransacked in January. In May, monks there were kidnapped, whipped and beaten and ordered to spit on the cross. Christian-owned jewelry stores were robbed over the [...]

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U.S. Presses Pakistan on Control of Its Spy Agency


WASHINGTON — The Bush administration is increasing pressure on Pakistan’s fledgling civilian government to bring the country’s spy service under civilian control, according to American and Pakistani officials.
During meetings in Washington this week with Pakistan’s prime minister, Yousaf Raza Gilani, senior Bush administration officials pressed their Pakistani counterparts to assert control over Inter-Services Intelligence, or [...]

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Afghan Bombings Kill 5 Soldiers and Interpreter


WASHINGTON — Roadside bombs killed five soldiers, at least four of them Americans, and an interpreter in eastern Afghanistan on Friday, allied and Pentagon officials said.
Four United States Army soldiers and their Afghan interpreter were killed in Kunar Province by what the Taliban claimed was a remote-controlled bomb, Reuters reported.
A fifth allied soldier died in [...]

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U.S. Sub May Have Leaked Radiation


TOKYO — An American nuclear-powered submarine may have leaked a small amount of radiation as it stopped by Japan in the spring and was then deployed throughout the Pacific Ocean, the Japanese government said Saturday.
The Japanese government said that it was informed Friday by the United States Navy that the submarine, the Houston, might have [...]

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Stinging Tentacles Offer Hint of Oceans’ Decline


A jellyfish in the Mediterranean off the coast of the Spanish island of Mallorca.
BARCELONA, Spain — Blue patrol boats crisscross the swimming areas of beaches here with their huge nets skimming the water’s surface. The yellow flags that urge caution and the red flags that prohibit swimming because of risky currents are sometimes topped now [...]

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Shipping Costs Start to Crimp Globalization


When Tesla Motors, a pioneer in electric-powered cars, set out to make a luxury roadster for the American market, it had the global supply chain in mind. Tesla planned to manufacture 1,000-pound battery packs in Thailand, ship them to Britain for installation, then bring the mostly assembled cars back to the United States.

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Despite Flaws, Rights in China Have Expanded


SHANGHAI — For the past two decades, China’s people became richer but not much freer, and the Communist Party has staked its future on their willingness to live with that tradeoff.

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Ariana Lindquist for The New York Times
New flexibility in rules that dictate where people live has allowed Song Daqing [...]

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North Korea Blames South in Shooting


SEOUL, South Korea — North Korea blamed South Korea on Saturday for the death of a South Korean tourist, who was shot by a North Korean soldier before dawn on Friday morning after wandering into a restricted military area.
North Korea also refused to let South Korean officials enter its territory to investigate the shooting.
The incident, [...]

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