US, EU officials meet with Bosnians in talks dubbed 'Dayton 2'October 9th, 2009 US, EU meet with Bosnians in talks dubbed Dayton 2SARAJEVO, Bosnia-Herzegovina — European and U.S. officials sat down with leaders in Bosnia on Friday for talks aimed at putting the country on a quicker path to EU and NATO membership.
EU, US officials to meet with Bosnia leaders in effort to break political deadlockOctober 2nd, 2009 EU, US officials to meet with Bosnia leadersSARAJEVO, Bosnia-Herzegovina — European and U.S. officials will meet with Bosnian leaders next week on how to break a political deadlock in the Balkan country, officials said Friday.
At G20, India to pitch for reform of global financial bodiesSeptember 19th, 2009 NEW DELHI - India will make a pitch for reforms of world financial institutions and concrete steps to mitigate the global crisis when Prime Minister Manmohan Singh participates in the G20 summit of major and emerging economies in Pittsburgh Friday. India will focus on the need for reforms of global financial institutions to reflect ground economic realities as it exist today, Foreign Secretary Nirupama Rao told reporters here Saturday in a curtain-raiser briefing ahead of Manmohan Singh's two-day visit to Pittsburgh starting Thursday.
Report: IMF chief says economic crisis not over, more progress needed on regulationSeptember 12th, 2009 IMF chief: Economic crisis not over yetBERLIN — The global economic crisis isn't over yet, despite positive signals from Europe's biggest economies, the head of the International Monetary Fund warned in comments published Saturday. More work also needs to be done on financial-sector regulation, IMF Managing Director Dominique Strauss-Kahn was quoted as saying in an interview with German weekly Der Spiegel ahead of the Group of 20 summit in Pittsburgh Sept.
Financial imbalance major cause of meltdown: Lord DesaiJuly 20th, 2009 NOIDA - The financial imbalance in the world economy is one of the major causes of the current global meltdown, according to noted economist Lord Meghnad Desai. The message of Desai, Professor emeritus of London School of Economics, was read out at the brainstorming session organised by the Global Economic Forum (GEF) here Monday on After-effects of financial meltdown: World economy five years ahead.
Veterans, widows force Bosnian government not to cut their benefits by 10 percentJune 18th, 2009 Bosnia agrees not to cut veterans' benefitsSARAJEVO, Bosnia-Herzegovina — Veterans in wheelchairs and on crutches and the widows and children of slain soldiers protested Thursday in Sarajevo, forcing the government to abandon plans to cut their benefits 10 percent. Thousands had gathered in front of the government building to demand that the officials inside decrease their own salaries instead of saving at the expense of those who had lost family members or limbs during the 1992-95 Bosnian war.
Court confirms genocide indictment against Bosnian Serb, for murder of 1,000 peopleJune 5th, 2009 Court confirms indictment against Bosnian SerbSARAJEVO, Bosnia-Herzegovina — Bosnia's war crimes court says a former Bosnian Serb police officer accused of taking part in the killing of at least 1,000 Muslim Bosniak men from the town of Srebrenica will be tried for genocide. The Court of Bosnia-Herzegovina charged in a statement Friday that, as a member of a Bosnian Serb special police unit, Zeljko Ivankovic, 37, killed the victims in a warehouse into which Bosnia Serbs had herded them, "with a view to entirely destroying a group of Bosniaks."
The 1995 massacre of 8,100 Bosniaks that followed the Serb occupation of the east Bosnian town of Srebrenica is considered the worst carnage in Europe since World War II.
Bernanke: links between financial markets and economy need to be better understoodJune 4th, 2009 Bernanke: crisis shows need for more researchWASHINGTON — Federal Reserve Chairman Ben Bernanke says the global financial crisis highlights the need for economists to deepen their understanding of how events on Wall Street can affect the broader economy. In prepared remarks to a Fed conference, Bernanke says: "The rationale for such research has certainly been underscored by the financial crisis that began in August 2007 and the powerful adverse effects of the crisis on economic activity around the globe."
The Fed chief's remarks didn't mention current economic conditions, or offer clues as to whether the central bank would announce any additional steps to shore up the economy at its meeting later this month.
Martin Luther King III lays wreath at a monument to his father in Bosnian cityMay 13th, 2009 Martin Luther King III sees MLK memorial in BosniaTUZLA, Bosnia-Herzegovina — Martin Luther King III is visiting the northwest Bosnian town of Tuzla, where authorities erected a monument last year to his father, U.S. civil rights leader Martin Luther King, Jr.
Martin Luther King III promotes tolerance and unity among Bosnia's segregated youthMay 12th, 2009 Martin Luther King III visits BosniaSARAJEVO, Bosnia-Herzegovina — Martin Luther King III told young people in Bosnia on Tuesday that the country's ethnic and religious diversity can be converted from a weakness to a strength. Speaking in Sarajevo to students and civil rights activists, the son of U.S.
Martin Luther King III promotes tolerance and unity among Bosnia's segregated youthMay 12th, 2009 Martin Luther King III promotes unity in BosniaSARAJEVO, Bosnia-Herzegovina — Martin Luther King III is telling young people in Bosnia that the country's ethnic and religious diversity can be converted from a weakness into a strength. Speaking Tuesday in Sarajevo, King acknowledged that Bosnia has gone through difficult times but said its youth could join together to promote tolerance and unity.
China prepares to spend $10B in next portion of stimulus packageApril 26th, 2009 China set to spend $10B more of stimulus packageBEIJING — The Chinese government is preparing to spend 70 billion yuan ($10.3 billion) in the next portion of its previously announced stimulus plan, a state newspaper reported. The planned investment, which will be mainly used on infrastructure projects, will be announced within a week, the Economic Observer said Saturday, citing an unidentified official from the National Development and Reform Commission, China's top economic planning body.
Government to announce stimulus package for mediaFebruary 6th, 2009 NEW DELHI - A stimulus package for the Indian media will be announced soon, the government said here Saturday. Media houses have been hit hard by the global financial meltdown.
Obama for all nations to act in unison on global economic crisisJanuary 29th, 2009 WASHINGTON - US President Barack Obama wants advanced and emerging economies to act in unison in dealing with the global financial crisis and would come up with more specific plans closer to the April G20 meeting in London. 'The President talked about this when he was a mere senator and a candidate,' Obama spokesman Robert Gibbs told reporters Thursday when asked about the non inclusion of BRIC countries - Brazil, Russia, India, China - in the Financial Stability Forum.
Second stimulus package this week, says Kamal NathDecember 23rd, 2008 NEW DELHI - In a bid to help the economy tackle the global financial meltdown, the government is expected to come out with its second stimulus package within the next three days, commerce Minister Kamal Nath said here Wednesday. 'We are looking at financial, some liquidity issues, export, and something to stimulate demand and realty also,' Kamal Nath told reporters.