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Bahrain financial woes worsened by LibyaManama, Bahrain (UPI) Jul 11, 2011 Bahrain's financial problems from political unrest are being made worse by investment links to embattled Libya, a widely known issue in the financial industry that came to the fore as Moody's downgraded Arab Banking Corp., the kingdom's banking giant. Earlier this year Bahrain suffered downgrades of its sovereign debt ratings by in response to the government's violent crackdown on political activists. The ABC downgrades could be more far-reaching, however, because of very large Libyan st ... read more |
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  12 dead in blasts at Cyprus base, navy chief killed Huge blasts in a seized Iranian arms cache at a Greek Cypriot naval base in southern Cyprus killed at least 12 people on Monday, triggering power and water outages likely to last months. ... more | .. |
  Germany's controversial Saudi tank deal German politicians are defending the government's controversial decision to sell tanks to Saudi Arabia under terms of a $2.5 billion armaments contract. ... more | .. |
  Karachi returns to normal Karachi authorities are cleaning up as the army patrols the streets, bringing an end to last week's violence in which more than 100 people died. ... more | .. |
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US drone strike kills 10 militants in Pakistan A US drone strike targeting a compound in Pakistan's northwestern tribal belt on the Afghan border on Monday killed at least 10 militants, local security officials said. ... more | .. |
 Mideast Quartet meets hoping to avoid looming crisis Envoys from the Middle East Quartet gathered here Monday to urge Israelis and the Palestinians to resume peace talks aiming to avoid a major showdown at the United Nations in September. ... more | .. |
  US isn't world's moral arbiter: Iranian FM The United States cannot be the world's moral arbiter, a top Iranian official said here Monday, dismissing charges that Tehran is involved in smuggling weapons to insurgents in Iraq and Afghanistan. ... more | .. |
  US forces pursue Iraq Shiite insurgents: Panetta American forces are pursuing Iran-backed insurgents in Iraq, Defence Secretary Leon Panetta said in Baghdad on Monday as US deaths spike nearly a year after US troops formally ended combat operations. ... more |
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ATLAS bolsters radio frequency network through new HawkEye 360 alliance
Mobix Labs Secures Defense Funding to Advance SATCOM SoC Innovation
Karman Moves Forward with Initial Public Offering | .. |
Pakistan defiant as US halts $800 mln military aid The Pakistani military on Monday insisted it was capable of fighting Islamic militants without US assistance, hitting back after Washington said it would suspend $800 million worth of security aid. ... more | .. |
Iraqis who fled to Syria for safety, now returniniraqg When his six-year-old son was killed in a 2006 Baghdad gun battle, Seif Rashid decided to flee with his family to Syria, but the deadly unrest there forced him to return to Iraq last month. ... more | .. |
 S. Korea Marine hangs himself in new blow to Corps A South Korean Marine has hanged himself in his barracks, an official said Monday, in a new blow to the Corps after a corporal who claimed he was bullied went on a deadly shooting spree last week. ... more | .. |
  Top US, Chinese officers hold talks America's top military officer held talks with his Chinese counterpart Monday amid rising tensions in the South China Sea that Washington fears could spiral dangerously out of control. ... more |
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  NORAD tracks three planes in 2 days at Obama retreat US fighter jets have intercepted three small planes in separate incidents this weekend over Camp David, the US presidential retreat, the North American Aerospace Defense Command said Sunday. ... more | .. |
Bolivia forces assemble 6 Chinese warplanes Bolivian and Chinese technicians have been assembling six K-8 Chinese warplanes for the country's war on drugs, said a military leader on Sunday. ... more | .. |
US suspends $800 million in Pakistan military aid The United States is withholding some $800 million in aid to Pakistan, almost a third of the $2.7 billion in security assistance it provides each year to Islamabad, President Barack Obama's chief of staff confirmed Sunday. ... more | .. |
 Nigerian military says 11 Islamists killed in shootout Nigeria's military said on Sunday that 11 members of a radical Islamist sect were killed in a shootout the previous night, while residents claimed that civilians were shot by soldiers. ... more |
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Fresh quake barrage hits Greek island Santorini
Pain, anger as Turkey marks two years since quake disaster
January sets 'surprising' heat record: EU monitor | .. |
 US holding back Pakistan military aid: Obama aide The United States is holding back some military aid to Pakistan, President Barack Obama's chief of staff confirmed Sunday, after a New York Times report said $800 million was being withheld. ... more | .. |
 Top US officer urges China to help on North Korea America's top military officer urged Beijing on Sunday to use its relationship with Pyongyang to ensure regional stability, while warning North Korea against further dangerous provocations. ... more | .. |
 Turkmen authorities admit to 15 blast deaths Authorities in reclusive Turkmenistan admitted Sunday that 15 people were killed in a series of blasts last week that left a village on the outskirts of the capital in ruins. ... more | .. |
 Iraq: Sadr says he will not revive main anti-US militia Anti-US Shiite cleric Moqtada al-Sadr has withdrawn a threat to reactivate his powerful Mahdi Army but said an elite unit would oppose American forces if they extended their deployment in Iraq. ... more |
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 Panetta in Iraq as another US soldier killed US Defence Secretary Leon Panetta arrived in Baghdad on Sunday to urge Iraqi leaders to act against Iran-backed Shiite militias, as another American soldier was killed in the south of the country. ... more | .. |
 Mideast Quartet meets to avoid looming crisis Envoys from the Middle East diplomatic Quartet meet Monday in Washington in one of the final attempts to avoid a major confrontation at the United Nations between the Israelis and the Palestinians. ... more | .. |
  Iran says fired missiles into Indian Ocean Iran said it fired two medium range missile into the Indian Ocean six months ago under the eyes of "American spy planes," local media reported on Saturday, quoting a top military commander. ... more | .. |
 Hopeful Dalai Lama welcomes young monk to US The Dalai Lama voiced optimism Saturday that China will reform and allow greater freedoms as he welcomed a young potential spiritual successor before thousands of well-wishers in Washington. ... more |
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MIT engineers help multirobot systems stay in the safety zone
Scientists' conference kicks off global AI summit in Paris
Tradition and hi tech sync at China 'AI temple fair'; Tourist hot spot stokes viral nostalgia | .. |
 Libya PM denounces NATO strikes as UN envoy visits Libya's prime minister on Saturday denounced the air strikes launched on the country by the NATO-led alliance in comments to an envoy of UN Secretary General Ban Ki-moon, state television reported. ... more | .. |
 Iraq 'to decide on continued US military presence' Iraq's political parties will decide within two weeks what their position is on the possibility of US troops remaining in the country beyond the end of 2011, President Jalal Talabani said on Saturday. ... more | .. |
 Pakistan military rejects 'mischievous' NYT reports Pakistan's military on Saturday rejected as "baseless" stories in the New York Times accusing it of colluding with militant groups and Pakistani intelligence services of approving a journalist's killing. ... more | .. |
 EU defence ambitions stuck in no-man's land Europe's grand defence project, already wounded by divisions over Libya, is stuck in a political no-man's land as Polish ambitions to revive it face indifference among allies. ... more |
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 Iraq militants say they will not hand over Briton A Shiite militant group in Iraq said on Saturday that it would not hand over a British bodyguard it abducted four years ago, in a statement worded to suggest Alan McMenemy remains alive. ... more | .. |
 Russian defense ministry scandal worsens Russia's vast defense industry, a source of foreign exchange revenue even from areas of current conflict such as Libya and Syria, is on what appears to be a collision course with the Ministry of Defense. ... more | .. |
 Pentagon prepares for media focus on 9/11 trials Pentagon officials said Friday they were looking at how to accommodate media interest in upcoming trials of the accused 9/11 plotters after journalists requested a live video feed of the proceedings from the US naval base at Guantanamo Bay. ... more | .. |
  Art project draws US Secret Service interest A New York electronic artist who took pictures of shoppers using computers in Apple stores as part of a project has drawn the attention of the US Secret Service. ... more |
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