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Bernanke: 2008 Meltdown Was Worse Than Great Depression

Bernanke: 2008 Meltdown Was Worse Than Great Depression

PEDRO NICOLACI DA COSTA Former Federal Reserve Chairman Ben Bernanke, a prominent student of the Great Depression, contends that the 2008 financial crisis was actually worse than its 1930s counterpart. Mr. Bernanke is quoted making the statement in a document filed on Aug…. Read more »

Man held over New Zealand killings

Man held over New Zealand killings

Police in New Zealand have detained a man suspected of shooting two people dead and injuring a third at an unemployment office. The incident happened on Monday morning in the town of Ashburton, southwest of Christchurch. A man went into… Read more »

Israel to take over West Bank land

Israel to take over West Bank land

Israel has announced plans to expropriate 4 sq km of Palestinian land in the occupied West Bank. The decision to appropriate land south of Bethlehem is believed to be the largest seizure by Israel in 30 years. The military-run local… Read more »

India unveils cheap new village toilets

India unveils cheap new village toilets

An Indian charity has unveiled 108 new lavatories in a village which gained notoriety when two young girls were found hanged from a tree there in May. The teenage cousins were killed in Katra Sahadatganj in Uttar Pradesh when they… Read more »

Pakistan state TV off air after protesters storm offices

Pakistan state TV off air after protesters storm offices

Pakistan’s national television channel has been taken off air after its headquarters were stormed by anti-government protesters in Islamabad. PTV showed live footage of people pouring into the building before its transmission ended. Protesters are demanding the resignation of Prime… Read more »

Ukraine crisis: Russia urges Ukraine ceasefire talks

Ukraine crisis: Russia urges Ukraine ceasefire talks

An “immediate ceasefire” in Ukraine must be the priority for key negotiations taking place on Monday, Russia’s foreign minister has said. Ukrainian troops “must leave positions from which they can harm the civilian population”, Sergei Lavrov said. Ukrainian and Russian… Read more »

Islamic State: Where does jihadist group get its support?

Islamic State: Where does jihadist group get its support?

Many Gulf states have been accused of funding Islamic State (IS) extremists in Iraq and Syria. But as Michael Stephens, director of the Royal United Services Institute in Qatar, explains, not all is clear-cut in war. Much has been written… Read more »

As South Korea and China get cozy, where does North Korea fit?

As South Korea and China get cozy, where does North Korea fit?

(CNN) — When President Xi Jinping arrives in Seoul this week, the Chinese leader will have passed over North Korea in favor of its arch rival. Although Beijing remains North Korea’s strongest ally, Xi is breaking with tradition by visiting South Korea first,… Read more »

Beijing says no to open elections in Hong Kong

Beijing says no to open elections in Hong Kong

From Andrew Stevens, CNN Hong Kong (CNN) — It’s a decision thousands of protesters feared. China’s powerful National People’s Congress Standing Committee voted Sunday to change the way Hong Kong picks its chief executive, ruling that only candidates approved by a nominating committee… Read more »

Feinstein says Obama may be ‘too cautious’ on ISIS

Feinstein says Obama may be ‘too cautious’ on ISIS

By ADAM SNEED | The chairwoman of the Senate Intelligence Committee says President Barack Obama might be taking too long to respond to the growing threat from Islamic militants in Iraq and Syria. “I’ve learned one thing about this president, and that… Read more »

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