Suu Kyi meets Clinton

Suu Kyi meets Clinton

(Washington) – Myanmar’s Aung San Suu Kyi is on her first official visit to Washington, punctuating the remarkable thawing of tensions between the United States and Myanmar over the last year. She met with Secretary of State Hillary Rodham Clinton at the State Department and held a series of public and private meetings with administration […]

IMF to secure $400b funding for Europe

IMF to secure $400b funding for Europe

(Washington) – The Group of 20 nations have stood ready to commit at least $400 billion to bulk up the International Monetary Fund, as IMF has been aiming to raise at least $400 billion; a doubling of its lending capacity, to ensure it has enough firepower to respond if Europe’s debt crisis escalates. “We have […]

Kim officially selected as World Bank President

Kim officially selected as World Bank President

(Washington)- World Bank has named Jim Yong Kim as its next president. Dr. Kim, 52, will take over on July 1 after the current president, Robert B. Zoellick, steps down at the end of his five-year term. For the first time, World Bank’s 25-member executive board considered more than one candidate. Numerous African countries had […]

US to soften sanctions on Myanmar

US to soften sanctions on Myanmar

(Washington) – US secretary of state, Hillary Clinton has said that Washington will ease restrictions on investment to Myanmar and will also move quickly to name an ambassador. Clinton also hailed the “leadership and courage” of President Thein Sein after the country held weekend by-elections that will see opposition icon Suu Kyi entering parliament for […]

Romney Scores Triple Primary Win

Romney Scores Triple Primary Win

(Washington) – Mitt Romney has won the Maryland, Wisconsin and the District of Columbia Republican primaries in the US, boosting his momentum as frontrunner in the race for his party’s presidential nomination. The former Massachusetts governor comfortably defeated his Republican rivals Rick Santorum, Newt Gingrich and Ron Paul in all three states. “We have won […]

US to provide $100 million to Tunisia

US to provide $100 million to Tunisia

(Washington) – The United States is planning to grant $100 million to Tunisia to help the transitioning democracy pay its debts and focus on boosting its economy, Secretary of State Hillary Clinton said while speaking by telephone with Prime Minister, Hamadi Jebali. The aid still needs approval from Congress. Clinton said that the aid would […]

Titanic director completes trip to Earth’s deepest point

Titanic director completes trip to Earth’s deepest point

(Washington) – Titanic film director, James Cameron has completed the world’s first solo dive to the deepest-known point on Earth, reaching the bottom of the Pacific Ocean’s Mariana Trench southwest of Guam in a specially designed submarine. The voyage was the first manned expedition to the trench in more than half a century and Cameron […]

Romney wins Washington state caucuses

Romney wins Washington state caucuses

(Washington) – Mitt Romney has rolled to a double-digit victory in Washington state’s Republican presidential caucuses, his fourth campaign triumph in a row and a fresh show of strength in the runup to 10 Super Tuesday contests across America. Rick Santorum and Ron Paul battled for second place, while Newt Gingrich ran a distant fourth.

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