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HSBC Takes $700M Money-Laundering Hit

Posted: 07/30/2012 - HSBC PLC is to take a $700 million charge to cover the cost of U.S. fines arising from its failure to stamp out money-laundering at the bank.

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Dutch Firms Look At Feasibility Of Nicaragua Canal

Posted: 07/30/2012 - Two Dutch companies say they have been awarded a $720,000 ((euro) 587,000) contract by the Nicaraguan government to study the feasibility of building a rival to the Panama canal that would travel through Nicaragua and Costa Rica.

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With Royalty and Rock, Britain Opens its Olympics

Posted: 07/27/2012 - The queen and James Bond have given the London Olympics a royal entrance like no other in an opening ceremony that rolled to the rock of the Beatles, the Stones and The Who.

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Afghan President Issues Decree To Curb Corruption

Posted: 07/27/2012 - The Afghan president has issued an ambitious list of proposed reforms aimed at fighting graft, bribery and nepotism. The move follows pressure from donor nations.

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Son of Ex-Syrian Defense Minister Defects

Posted: 07/24/2012 - Brig. Gen. Manaf Tlass, son of a former defense minister, said in a video broadcast on Al-Arabiya TV that Syrians must work together to build a new, democratic country.

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Syria Threatens to Use Chemical Weapons if Attacked

Posted: 07/23/2012 - The statement today from a Foreign Ministry spokesman was Syria's first acknowledgement that it possesses weapons of mass destruction, something that's long been suspected.

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Norway Remembers Victims Of Bomb, Shooting Attacks

Posted: 07/22/2012 - Norway on Sunday paused to commemorate the 77 victims of a bomb and gun massacre that shocked the peaceful nation one year ago, a tragedy that the prime minister said had brought Norwegians together in defense of democracy and tolerance.

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21 Die in Bus Crash in Western Mexico

Posted: 07/20/2012 - Nayarit state government spokesman Sergio Canedo says another 29 people were injured in the accident Friday in the town of Tequepexpan.

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Israel: Bus Blast in Bulgaria Caused by Bomb

Posted: 07/18/2012 - Israel's Foreign Minister says the deadly bus explosion in Bulgaria that has killed at least six people was caused by a bomb placed on the vehicle.

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Russia Accuses West of Blackmail on Syria Plans

Posted: 07/16/2012 - The Security Council is deeply divided over a new resolution on Syria as international envoy Kofi Annan's plan for halting the fighting appears dead and the violence in the Arab state escalates.

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Egypt Officials Reject Demands By US Hostage-Taker

Posted: 07/16/2012 - Egyptian security officials say they will not give in to demands of a Bedouin man who took two Americans and their local translator hostage in the Sinai Peninsula.

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