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Latest News

G-8 leaders put focus on European financial crisis -

President Barack Obama kisses German Chancellor Angela Merkel on the cheek on arrival for the G8 Summit Friday, May 18, 2012 at Camp David, Md. (AP Photo/Charles Dharapak)President Barack Obama says he and leaders of seven other major industrial nations are focusing on economic concerns during discussions at Camp David.


2012-05-19T14:28:37Z
Troubled freighter drifts toward Great Barrier Reef -

Bulk carrier the ID Integrity is drifting towards the Shark and Veema reefsA broken-down cargo ship was drifting towards the fringes of Australia's Great Barrier Reef Saturday, with fears of major damage if it were to run aground at the World Heritage-listed site.


2012-05-19T13:33:39Z
Cannes guests bid up to $255,656 at Haiti auction -

Actress Roberta Armani, left, model Petra Nemcova and actor Sean Penn pose during a photo call for the Haiti Carnival charity event at the 65th international film festival, in Cannes, southern France, Friday, May 18, 2012. (AP Photo/Joel Ryan)Guests at Cannes have bid up to €200,000 ($255,656) at a Haiti fundraiser for items including a Bono-autographed guitar as the film festival's glitzy, global spotlight turned to charity.


2012-05-19T13:18:12Z
3 charged with terror conspiracy ahead of NATO -

Members of National Nurses United rally at a NATO summit demonstration, Friday, May 18 2012, in Chicago. Thousands of nurses and other protesters gathered for the noisy but largely peaceful demonstration with a broad spectrum of causes, from anti-war activists to Occupy protesters to a Chicago Women’s AIDS project. The demonstrations Friday were the largest yet ahead of a two-day NATO summit that is expected to draw even larger protests. (AP Photo/Nam Y. Huh)Three men arrested earlier this week when police raided a Chicago apartment were being held on terrorism conspiracy charges Saturday stemming from allegations that they tried to make Molotov cocktails ahead of the NATO summit, but the first major dress rehearsal of this weekend's large-scale protests was relatively peaceful.


2012-05-19T13:16:09Z
Obama pledges tough enforcement of Wall Street reforms -

U.S. President Barack Obama walks to welcome guests at the G8 summit in Camp DavidWASHINGTON (Reuters) - President Barack Obama on Saturday called on the U.S. Congress to back his efforts for tough new financial industry oversight, saying a $2 billion trading loss at JPMorgan underscored the need for such regulation. "We've got to finish the job of implementing this reform and putting these rules in place," Obama said in a weekly radio address that accused some on Wall Street of causing the 2007-2009 economic crisis because they "treated our financial system like a casino. ...


2012-05-19T13:00:00Z
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