Global Carbon Emissions Reach Record 10 Billion Tons: Study
Carbon dioxide emissions from the burning of fossil fuels reached 10 billion tonnes in 2010, the first time such an amount has ever been reached, according to an editorial Sunday.
Stock futures rise on euro zone summit optimism
Stock index futures rose on Monday, building on the previous week's strong gains, as optimism grew that the upcoming European Union summit would break new ground to resolve the euro zone debt crisis.
Joe Biden: U.S. 'Stands in Solidarity' with Greece
Biden met with Greece President Karolos Papoulias on Monday before beginning talks with new Greek Prime Minister Lucas Papademos. Biden arrived in Greece after traveling from Turkey. This week is seen as crucial for the struggling Eurozone. Italy's new government unveiled austerity measures that European leaders hope will be the start of a turning point in the struggle to keep the euro intact.
Oil Prices Rise on Iran Sanction Concerns
Oil prices ratcheted up on Monday morning on concerns that tension between Iran and Western countries could lead to an oil distribution disruption and a potential shortage.
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What to Look for in the Markets This Week
The catalyst for strong equities has been centered on the developments in Europe
Iranian Armed Forces Shoot Down U.S. RQ-170 Drone: State TV
Iran's military said on Sunday it had shot down a U.S. reconnaissance drone aircraft in eastern Iran, a military source told state television.
Ban on Export of Oil Would Lead to Price over $250 a Barrel: Iran
Iran's Foreign Ministry believes that if the West seriously considered blocking Tehran's ability to export oil, the global price of crude would more than double, Foreign Ministry representative Ramin Mehmanparast was quoted as saying on Sunday.
Countries May Clear Deadlock on Greenhouse Gases Cut: UN Climate Chief
The U.N.'s climate chief said that she believes countries can snap the deadlock that has lasted for years and sign up to fresh and binding commitments to cut greenhouse gases.
Two Dozen Killed in Fresh Syrian Clashes
At least two dozen people have died in renewed fighting in the northern part of Syria between security forces loyal to President Bashar al-Assad and members of the Free Syria Army (FSA), amid fears the country is descending into a state of civil war.
France Recalls Some Diplomatic Staff from Iran
Paris officials went to great pains to explain that this was only a temporary security measure.
Overnight Clashes in Northern Syria Kills 15 People: Activists
Overnight clashes between security forces and army defectors in northern Syria left 15 people dead early Saturday, activists said. Seven were soldiers, five were defectors, and three were civilians.
U.S. Treasury Secretary Timothy Geithner to Urge European Leaders to Take Action
U.S. Treasury Secretary Timothy Geithner is set to urge key European officials to take decisive action next week at a make-or-break summit to prevent a debt crisis from turning into runaway contagion.
Sovereign-Debt Funds Needed in All Eurozone States: Germany
Every country in the Eurozone needs to set up a special national fund for sovereign debt that is more than 60 percent of gross domestic product, Germany's finance minister told a newspaper in comments released on Saturday.
U.S. Stock Market Friday Caps Best Week in About 3 Years
Stocks ended flat on Friday but capped the best week for Wall Street bulls in almost three years after data showed the U.S. unemployment rate dropped to a 2-1/2 year low.
Loonie ends weaker on soft jobs data, euro fears
The Canadian dollar ended weaker against the U.S. currency on Friday, following the euro lower, as worries about Europe's debt crisis and disappointing domestic employment data ended a four-day winning streak.
TSX climbs on banks, Europe hopes
Toronto's main stock index was higher on Friday morning, on track to post its biggest weekly gain in more than two years, pushed up by strong bank earnings, encouraging U.S. jobs data and talk of more action to ease Europe's debt.
iPhone Ban in Syria: Steve Jobs’ Dad Gets Involved
Abdulfattah John Jandali, Steve Jobs' biological father, has declared his support for the Syrian protesters after the government banned his son's invention, Apple iPhone throughout the country.
United Nations Chief Urges Syria's Referral to ICC
The United Nations High Commissioner for human rights on Friday urged the UN Security Council to refer Syria to the International Criminal Court in the Netherlands following a reveal of evidence by an independent panel that suggests the country's security forces have committed crimes against humanity as it attempts to clamp down on an eight-month-old uprising.
Euro Zone Debt Crisis May Threaten African Economy
Gordhan said that the debt crisis in Europe is harming economies thousands of miles way.
Euro Rises for 5th Day on U.S. Jobs, ECB-IMF Loan Talk
The euro rose for a fifth straight session against the dollar on Friday, bolstered by speculation that the European Central Bank may lend to weak euro zone countries through the International Monetary Fund.
Stock Futures Jump on Renewed Eurozone Hopes
Stock index futures rose sharply on Friday after a report the European Central Bank was gearing up to lend money to the International Monetary Fund in a bid to ease the Eurozone debt crisis.
Merkel Says Debt Crisis Will Take Years to Solve
German Chancellor Angela Merkel called on Friday for rapid EU treaty change to remedy the root causes of the euro zone's debt crisis but warned that Europeans faced a long, hard marathon to restore lost credibility.
Afghan Women Fear Erosion of Rights Once NATO Troops Depart
It is believed that hundreds, perhaps thousands, of women in Afghanistan are languishing in jails over so-called ‘moral crimes.’
EU Imposes New Iran Sanctions, but Oil an Issue
The fallout from Iran's alleged nuclear weapons program continues, with the European Union imposing new economic sanctions against 180 Iranian officials and companies.
European Central Bank Hints at Intervention If Eurozone Approves Fiscal Pact
The new head of the European Central Bank signaled on Thursday it was ready to take stronger action to fight Europe's debt crisis if political leaders agree next week on much tighter budget controls in the 17-nation euro zone.
Can California Exports Survive a Recession in Europe?
Wells Fargo Securities said California's wholesale trade, transport and export industries have been big beneficiaries of the growing wealth of Asia and growing demand from other countries, such as Canada and Mexico.
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