EUROPEAN UNION

Obama Says Assad Must Go, Orders New Sanctions

Large scale protest in Hama, Syria
The United States and European Union called on Syrian President Bashar al-Assad to step down Thursday, and U.S. President Barack Obama accused him of torturing and slaughtering his own people in what U.N. officials said could be crimes against humanity.

Obama Accuses Assad of Slaughtering Syrian People

Smoke rises in the city of Latakia
The United States and European Union called on Syrian President Bashar al-Assad to step down on Thursday and President Barack Obama accused him of torturing and slaughtering his own people in what U.N. officials said could be crimes against humanity.
U.S. Secretary of State Hillary Clinton

United States Calls on Syria's Assad to Step Down

The United States for the first time Thursday explicitly called for Syrian President Bashar al-Assad to step down and imposed new economic sanctions likely to be followed up by the European Union.
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A model holds a Samsung Electronics' new tablet 'Galaxy Tab 10.1' during its launch ceremony at the firm's headquarters in Seoul

How Samsung Galaxy Tab 10.1 Cheated Apple's Ban?

Samsung in the Netherlands is rolling out Galaxy Tab 10.1, which is otherwise banned in Europe after Apple won an injunction against Samsung for violating its intellectual rights to its iPad.
IBTimes Logo

German Court Sets Samsung, Apple Hearing

Korean company Samsung Electronics will go to a German court on August 25 to try to overturn a ban on it selling flagship Galaxy tablets in most of the European Union.
An ultra-Orthodox Jewish man walks in Ramat Shlomo

Israel okays 1,600 settler homes for East Jerusalem

Israel's interior minister has given final approval for a plan to build 1,600 settler homes in East Jerusalem, a project whose announcement last year during a visit by U.S. Vice President Joe Biden caused a diplomatic rift with Washington.
Evidence search

Gunman killed after Estonian ministry shooting

Man threw smoke bomb, took two hostages A man fired shots and set off a smoke bomb at the Defence Ministry in Estonia's capital Tallinn and then was killed as police moved in, officials said on Thursday.
Apple and Steve Jobs

Patent War: Apple Delivers Solid Blow to Samsung, Android

It seems everything going Apple's way. A day after the consumer technology giant briefly surpassed Exxon Mobil to become the world's largest public company by market capitalization, it won a legal battle against Samsung in Europe.
Apple Stores Across The UK Emptied

Apple's IP War Machine Could 'Cripple' Samsung

In another victory for Apple's legal team, courts in Germany ruled against rival Samsung Electronics, barring it from selling its competing tablet computer in most of the European Union.
Traders work on the floor of the New York Stock Exchange

Dow Jones Industrial Average Plummets 600 Points

The Dow Jones industrial average plummeted more than 600 points midday Monday, as the disarray continues following Standard & Poor's downgrading of the United States' credit rating on Friday. The Dow traded down 536.18 points, or 4.7 percent, at 10908.43. It is fast on track to having its worst day since December 2008. Additionally, the Standard & Poor's 500 index sharply went down 68.49 points, or 5.7 percent, to 1130.89.
Hassan al-Bashir

EU says Chad should have arrested Sudan's Bashir

The European Union expressed concern on Monday about a second visit to Chad by Sudanese President Omar al-Bashir, saying he should have been arrested there under an International Criminal Court warrant.
Turkey's Prime Minister Recep Tayyip Erdogan

Special Report - Erdogan: The strongest man in Turkey

Prime Minister Tayyip Erdogan has an unspoken pact with the Turkish electorate: he delivers rapid economic growth, jobs and money, and voters let him shape what kind of democracy this Muslim nation of 74 million people becomes.
U.S. and Global Economies

NYU?s Nouriel ?Dr. Doom? Roubini: Better Than 50% Chance of U.S. Recession

One of the world's leading economists says don't get giddy over the July jobs report, which indicated the U.S. economy created a better-than-expected 117,000 jobs. NYU Professor Nouriel "Dr. Doom" Roubini, who accurately predicted the housing crisis four years ago, says U.S. GDP will be sub-par in 2011 and the risk of a recession is real.
At Issue: Global Financial Crisis

Bond Vigilantes Push Up Italy?s, Spain?s Interest Rates: Is U.S. Next?

Up to now, the dispensers of global financial justice -- the bond vigilantes -- have given the United States a free ride regarding its large budget deficit and national debt. But history say that can't last forever, which is why it's in the nation's long-term interest to enact the second half of budget cuts called for in the U.S. debt deal.

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