World News

Eurozone finance ministers approve bailout deal for Cyprus

Eurozone finance ministers approve bailout deal for Cyprus

The Eurogroup has approved a deal on a €10 billion bailout for Cyprus, struck early Monday in Brussels. Cyprus avoids exiting the eurozone, but will have its second largest bank closed with heavy losses expected for big depositors. “The size of financial assistance will amount to 10 billion euro,” Eurogroup president Jeroen Dijsselbloem has announced at a […]

Palestinians deserve an independent and sovereign state and an end to occupation by Israel – Obama

Palestinians deserve an independent and sovereign state and an end to occupation by Israel – Obama

American President Barack Obama confirms the US is committed to creating two independent states, Israel and Palestine, whatever time it takes to reach the goal. Obama stressed direct talks between Palestinians and Israelis is the only way to do so. Obama spoke at a news conference in the West Bank with Palestinian Authority President Mahmoud […]

US B-52s imitate nuclear bombing of North Korea

US B-52s imitate nuclear bombing of North Korea

In a bid to intimidate North Korea and draw attention to the US military’s capabilities, American B-52 bombers – which are capable of carrying out nuclear strikes – are practicing over South Korea. The move is in response to rising tensions after North Korea conducted its third successful nuclear test last month. This month’s first […]

High cost of cheap energy: Fukushima tragedy 2 years on

High cost of cheap energy: Fukushima tragedy 2 years on

Two years after the Fukushima disaster, much of the clean-up effort is still ‘theoretical’, survivors go to court for compensation and thousands march against nuclear power, while the government gives up on the phase-out promise. Experts estimate closing the damaged Fukushima reactors down will cost around US$15 billion and will take about 30 to 40 […]

North Korea cuts hotline with South following threats

North Korea cuts hotline with South following threats

Pyongyang has cut a key communication hotline with South Korea, Seoul’s Unification Ministry said Monday. The tensions between the neighbors have once again flared after the UN adopted a fresh round of tough sanctions against North Korea. According to the Unification Ministry, attempts to contact the North by telephone at 9am failed. The hotline is […]

Asteroid ‘size of city block’ to skim past Earth on Saturday

Asteroid ‘size of city block’ to skim past Earth on Saturday

The 460-foot-long Asteroid 2013 ET is set to whizz past Earth on Saturday – the latest in our planet’s galactic ‘pinball contest’. Earlier in the day, the 2013 EC20 passed even closer, and both within a month of the Chelyabinsk meteor’s Earth strike. The enormous piece of space debris is expected to pass just 2.5 […]

1 3 4 5 6 7 18