Thursday, August 12, 2010

International Headlines

Date: Thu, 12 Aug 2010 05:01:09 -0400
>TOP STORIES as of 0900 GMT -- 12 August, 2010

> STORM STALLS WORK ON GULF WELL
Remnants of what was Tropical Depression Five will likely reach
the northern Gulf Coast Thursday and will stall the crucial work
of permanently sealing BP's ruptured oil well.

> PAKISTANIS BEGIN RAMADAN AMID FLOODS
Pakistanis start the Muslim holy month of Ramadan surrounded by
floodwater that has devastated the country and inspired U.N.
calls for millions of dollars in aid.

> DEATH TOLL TOPS 1,100 IN CHINA MUDSLIDES
A 50-year-old man was saved Wednesday after three days trapped
in mudslides in northwest China, state media reported.

> CONDEMNED IRANIAN DENOUNCES LAWYER
A woman sentenced to death in Iran for adultery says she knew
about a plot to kill her husband but thought it a was joke. Her
lawyer says the remarks were coerced.

> STOCKS HIT AS GLOBAL MARKETS SHUN RISK
Global equity markets fell sharply on Wednesday and investors
sought the safety of government bonds as a deteriorating outlook
for economic growth, led by the US, fanned an aversion for
holding risky assets.

> ZIMBABWE 'HUMANE' DIAMONDS ON SALE
Zimbabwe launched its first multi-million dollar diamond sale
this week since obtaining certification last month that the
nation's precious stones are harvested humanely and are not
"blood diamonds."

> BOLIVIA: PROTESTERS' CLAIMS OFF BASE
The Bolivian government on Wednesday defended itself from
accusations that it has not invested enough in a southwestern
province that has found itself under siege by protesters for two
weeks.

> JURY: 14 YEARS FOR BIN LADEN'S DRIVER
A military jury at the U.S. facility in Guantanamo Bay
recommends a 14-year prison term for a Sudanese man who served
as cook and driver for Osama bin Laden.


~~~~~~~~~~~
BUSINESS
~~~~~~~~~~~

> NEW GENERATION OF ENTREPRENEURS
Life has its share of both stormy and sunny moments. There are
clouds (your car broke down) and then there are silver linings
(but at least it's a nice day for a walk).

> BLACKBERRY FACING WOES IN INDIA
Indian businessman Paramjit Saluja battles two money-munching
time wasters in his auto exports business: New Delhi's trademark
traffic jams and the myriad time zones of his clients.

> TOYOTA STOPS CAR EXPORTS TO IRAN
Toyota Motors said Wednesday it's halting shipments to Iran
following international moves to put financial and commercial
pressure on Tehran to curb its nuclear ambitions.

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