Articles By J.J. McGrath
Could North Korea's days as a so-called hermit kingdom be drawing to a close? One sign could be the new status of Ri Yong Ho, the country's top military leader (besides Kim Jong Un, of course), who was axed, bounced, canned, discharged, just plain fired on Sunday.
One of the euro zone's two bailout funds could begin disbursing monies to Spain at the end of this month in a €100 billion ($120 billion) rescue of the country's embattled banks, according to an article by the Associated Press based on a story in the German newsweekly Der Spiegel on Saturday.
Because the bacterium Listeria monocytogenes was found in the Mexicali Cheese Corp.'s finished product, the U.S. Food and Drug Administration is warning people to neither consume nor purchase any of the company's products.
Mexico's Institutional Revolutionary Party, or PRI, counted every president of the country between 1929 and 2000 as one of its members, and it may again soon, as an official preliminary count of the votes indicates its candidate, Enrique Pena Nieto, won the nation's presidential election on Sunday.
In an effort to cut gridlock and pollution in Guangzhou, authorities in the capital city of Guangdong province began a one-year trial program on Sunday that will cap the number of new automobiles hitting the streets, according to the state-owned Xinhua news agency.
The European Union's economic sanctions on Iran became fully effective on Sunday, but the Islamic Republic's deputy oil minister claimed the country will have no difficulty finding replacements for recent EU purchasers of its crude.
Apple Inc. (Nasdaq: AAPL) scored its second major win of the week over Samsung Electronics Co. Ltd. (Korea: 005930) in intellectual-property litigation on Friday, as Apple was granted a court order blocking U.S. sales of Samsung's Galaxy Nexus smartphone.
Due to health issues, neither Greece's new prime minister, Antonis Samaras, nor the country's new finance minister, Vassilis Rapanos, will attend the European Union summit in Brussels scheduled for Thursday and Friday.
Five years into the most significant global financial crisis since the 1930s, the world's leaders have formulated neither the fiscal policies nor the monetary policies required to deal with it, according to the Bank for International Settlements' 82nd Annual Report, which was released Sunday.
Because of Tropical Storm Debby in the Gulf of Mexico, about 22.7 percent of the gulf's current daily oil production and about 22.9 percent of its current daily natural-gas production has been shut-in, according to the U.S. Interior Department's Bureau of Safety and Environmental Enforcement.