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Clashes, protests in Kashmir mar Indian voting
SRINAGAR, India - Scores of protesters clashed with government troops in Indian Kashmir's main city yesterday as residents went to the polls in the disputed Himalayan region, the country's capital and other key states in a monthlong parliamentary election.
India votes, no clear winner seen
NEW DELHI - India starts its monthlong election that will see hundreds of millions of people cast their ballots in the world’s biggest democracy exercise and one likely to end in stalemate. As the insurgents launch attacks, the vote marks a pivotal time, with a once red-hot economy feeling the strain of the crisis and ties with Pakistan at a new low.
Will the road pass through Ankara?
"If President Obama thinks that Turkey is such an important factor, why does he apply pressure on us to get her into the European Union, why does he not get her into the U.S?" "If President Obama thinks that Turkey is such an important factor, why does he apply pressure on us to get her into the European Union, why does he not get her into the U.S?"
G-20 countries pledge sustained action on global financial crisis
Finance officials from rich and developing countries pledged Saturday to do "whatever is necessary" to fix the global economy, including supervision of freewheeling hedge funds and restoring bank lending by dealing with the shaky securities burdening their finances.
Swiss bank UBS facing a huge loss
ZURICH - The losses of Switzerland’s UBS reach 8.1 billion Swiss francs ($6.9 billion) during the fourth quarter of 2008 due to trading losses and leveraged loan impairments. The bank, which will refocus on domestic markets, also reveals plans to lay off 2,000 of its employees
Turkey next stop for top US envoy
ANKARA - Officials say FM Babacan will not be returning from Davos, where he is attending the World Economic Forum, until Sunday and on the basis of information provided by sources, the Hürriyet Daily News & Economic Review learns the FM is likely to meet with Mitchell in Istanbul on Sunday.
Davos scales back glitz on int’l crisis
GENEVA - The deepening global recession hits the World Economic Forum in Davos, as participants will find less ’star participants’ at the event. Still, dozens of government leaders, economy ministers and executives are preparing to discuss the crisis and its aftermath, starting tomorrow.
