Tag Archives: World

Dubai company plans to build a 2.3 billion euro luxury resort in Bosnia

TRNOVO, Bosnia-Herzegovina – A United Arab Emirate’s construction company says it wants to build a luxury resort worth 2.3 billion euro ($2.6 billion) on a mountain near Sarajevo — a ski resort where three decades ago the Winter Olympics were held. The mayor of the municipality of Trnovo, Ibro Berilo, …

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Before key Minsk summit, French gov't warns 'problems remain' in talks to end Ukraine fighting

PARIS – The French foreign minister says “quite a number of problems remain” in negotiations aimed at ending fighting in eastern Ukraine. Laurent Fabius told France Inter radio that just hours before a four-way summit Wednesday in Minsk, Belarus, it was “very probable” but not certain that French President Francois …

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Iceland Fraud Case: Former Kaupthing bankers receive prison sentence for market manipulation

REYKJAVIK, Iceland – Iceland’s Supreme Court has upheld prison sentences for four Kaupthing bank executives, the heaviest sentences for financial fraud in Iceland’s history, for their role in the nation’s devastating 2008 financial collapse. The court Thursday rejected their appeals. The four executives were convicted of market manipulation that took …

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Myanmar refugees flee to China to escape fighting between militants and government troops

BEIJING – Tens of thousands of refugees from Myanmar’s ethnic region of Kokang have fled into the neighboring Chinese province of Yunnan over the past week amid fighting between militants and government troops. Citing government officials, the state-owned news site Yunnan.cn reported Monday that there have been 30,000 border crossings …

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Online campaign raises tens of thousands for funeral of Toronto toddler who wandered from home

TORONTO – The heartbreaking story of a three-year-old boy who died after wandering away from a Toronto apartment into the bitter cold is prompting an outpouring of generosity. Elijah Marsh walked out of the building early Thursday morning and was found about six hours later in the corner of a …

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Brazilian judge suspends auctions of luxury cars, yacht belonging to ex-billionaire

RIO DE JANEIRO – A judge has suspended auctions of big-ticket assets belonging to Eike Batista, the business magnate who once was Brazil’s richest man and now faces charges of insider trading and market manipulation. Federal Judge Messod Azulay ordered the postponement of auctions scheduled for this week and early …

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New legislation allows migrants living illegally in Puerto Rico to open bank accounts

SAN JUAN, Puerto Rico – Puerto Rico’s governor has signed a bill that allows migrants living without legal permission in the U.S. territory to open bank accounts and order checks. Gov. Alejandro Garcia Padilla said Thursday that the law will give migrants financial stability. He said they can use a …

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Gunmen kill 3 police officers in Iran near border with Iraq

TEHRAN, Iran – Iranian state TV says gunmen have killed three police officers in southern Iran near the Iraqi border. Press TV says the shooting took place Thursday morning in the town of Hamidiyeh, some 550 kilometers (340 miles) southwest of the capital Tehran. It quotes a local police chief …

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US Embassy in Qatar says guard assaulted, attacker in custody

DOHA, Qatar – The U.S. State Department says an embassy guard in Qatar has been lightly wounded in an assault. In a statement it says that the guard received “superficial injuries” from the assault on Thursday and that the attacker has been taken into custody by Qatari authorities. The statement …

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Migrant workers set fire to cars, equipment in northern Emirates after death of co-worker

DUBAI, United Arab Emirates – Newspapers in the United Arab Emirates say migrant laborers set multiple vehicles on fire during a weekend protest at a construction site in the north of the country following the death of one of their co-workers. The National and Khaleej Times dailies were among the …

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