Articles By Jijo Jacob

Greece and EU

Why a Greek Debt Restructuring Deal Could Still Collapse

Eurozone finance ministers are expected to formally endorse Greece's second bailout package on Monday. The final deal to funnel a rescue package worth 130 billion euros ($170.9 billion) is an important lifeline to the debt-hit country, for without it, Greece will default on a 14.5-billion-euro bond redemption due on March 20.

South Korean Live-Fire Drills Near Disputed Islands Go Ahead, North Silent

North Korea Silent on South Korean Live-Fire Drills

South Korea conducts live-fire military drills in disputed area despite warnings from Pyongyang of 'premeditated military provocation'.

An Iranian warship and speed boats take part in a naval war game in the Persian Gulf and the Strait of Hormuz, southern Iran

Pre-emptive Move: Iran Stops Selling Crude to French, British Companies

Iran would not wait for the European Union oil embargo to start on July 1. In a stern retaliatory move, Tehran announced on Sunday it will stop selling crude to French and British oil companies.

Gasoline prices are shown at a gas station in Del Mar, California

Gasoline Prices Hit Record Seasonal High, Could Touch $4.25 by April

Gas prices in the U.S. have gone past $3.50 a gallon, the highest price this time of the year, ticking panic among people who have begun to see the price rises as "oppressive."

India-Ukraine Prostitution Row: Who Should Apologize?

A group of young, semi-clad Ukrainian women gate crashed into the Indian embassy in Ukraine's capital Kiev last month, tore down the Indian flag and threw it on the ground.

UN General Assembly passes Syria resolution

Whose War is it in Syria? Al-Qaeda Distorts Field as Big Powers Stand Divided

In an interesting turn of events, will the entry of al-Qaeda comically twist the balance as it will be naturally pitted against the Hezbollah, the feared Shia militia actively supported and patronized by Iran? Assad's promise of a regional conflict could come true then!

One Dead in Long Beach Shooting Involving Federal Agents

Latest Reports: Federal Agent Dies in Long Beach Shooting, Another Injured

A federal immigration agent died and another was injured in a shootout that followed a confrontation between the U.S. Immigration and Customs (ICE) officers in Long Beach, California, the latest reports said.

Iranian president

Iran Defies West Again, Unveils New Generation Nuclear Centrifuges

Iranian State television said a new generation of faster and more efficient uranium enrichment centrifuges will be unveiled on Wednesday, signaling that Tehran cares little for the international sanctions and that the country would go ahead with its nuclear plans defying all odds.

Wu Ying: Will China Spare the Life of Ex-Billionaire Woman on Death Row?

The life of Wu Ying, a 31-year-old ex-rich list woman now on death row, is in balance. Wu, a secondary school dropout who stitched together a 4-billion yuan business empire before she turned 27, was accused of engaging in illegal fund-raising and sentenced to death in 2009.

Jaime Herrera

Mexico Arrests Meth Man Jaime Herrera; Joaquin Guzman (El Chapo) Next?

The hunt for elusive drug cartel leader Joaquin Guzman, known as El Chapo, got a shot in the arm Tuesday with the arrest of infamous meth producer Jaime Herrera in Mexico's Pacific coast state of Sinaloa.