International

ECB cuts interest rate to counter recession
15/01/2009 05:00
The European Central Bank (ECB) cuts its key interest rate by 50 basis points to 2 percent on Thursday to counter the deepening recession. Jean-Claude Trichet, President of the European Central Bank (ECB) addresses the media during his monthly...
Report: Hamas offers one-year truce in Gaza
15/01/2009 05:00
The Palestinian Islamic Resistance Movement (Hamas) said Thursday it is ready to accept a one-year renewable truce with Israel in the Gaza Strip, Egyptian media reported. Smoke rises during Israel’s offensive in Gaza January 15, 2009....
Putin proposes EU pay to secure gas transit via Ukraine
15/01/2009 05:00
The European Union (EU) should set up a consortium to purchase from Russia the gas Ukraine says needed to resume supplies to Europe, Russian Prime Minister Vladimir Putin proposed on Thursday. Bulgarian Prime Minister Sergei Stanishev (L)...
Gaza death toll exceeds 1,000, Hamas accepts ceasefire deal
14/01/2009 05:00
A senior Gaza medical official said on Wednesday that 1,010 Palestinians were killed and 4,600 others wounded since Israel launched air and ground offensive on Gaza trip. Relatives of Abed al Nabe family mourn during a funeral at the Jabaliya...
Apple CEO to take medical leave until end of June
14/01/2009 05:00
Steve Jobs, Apple’s co-founder and chief executive officer (CEO), said Wednesday that he is taking a medical leave until the end of June. Apple Inc CEO Steve Jobs displays a redesigned iPod Nano at Apple’s “Let’s Rock” media event in San...
Canada’s Nortel files for bankruptcy protection
14/01/2009 05:00
Canada’s Nortel Networks Corp., one of the world’s largest telecommunications equipment manufacturers, filed for bankruptcy protection on Wednesday. The Nortel Networks Corporation logo is shown on their office building in Toronto January 14,...
Israeli army continues offensive on Gaza on 19th day
14/01/2009 05:00
The Israeli army has intensified on Wednesday morning its strikes on several targets in Hamas-ruled Gaza Strip, killing four Palestinians as the Israeli offensive on the enclave continues on the 19th day. Smoke rises following explosions...