President praises ruling NDP; lays out plans for economic growth, reform
CAIRO: President Hosni Mubarak hailed the commitment demonstrated by members of the ruling NDP throughout the People’s Assembly (PA) elections, during his opening remarks at the annual National Democratic Party…
Bollywood hopes Christmas animation is a draw for audiences
India's animators are hoping that a film starring two of Bollywood's biggest stars will revive the sector's fortunes, after earlier efforts to popularize the cartoon genre fell flat. Ajay Devgn…
2010 was a ‘Perfect Gift’ for Canadian Tenors
A year after releasing their first hit album, the Canadian Tenors are delivering "The Perfect Gift," a compilation of traditional and contemporary holiday music. "You have the classics like 'O…
Hits, misses and sleepers of 2010
By Hillel Italie/ AP Dead men were big sellers in 2010, from Stieg Larsson and his Millennium trilogy to Mark Twain and the autobiography he wanted withheld until 100 years after…
Detained journalists in Iran to meet with family
BERLIN: Relatives of two German journalists detained in Iran since October in connection with a highly publicized stoning case have traveled to Tehran hoping to see them, the foreign ministry…
Pope urges courage for Catholics in China, Iraq
VATICAN CITY: Iraqi Christians celebrated a somber Christmas in a Baghdad cathedral stained with dried blood, while Pope Benedict XVI exhorted Chinese Catholics to stay loyal despite restrictions on them…
At least 38 killed in Xmas Eve attacks in Nigeria
JOS: Multiple explosions in central Nigeria have killed 32 people and six others died in attacks by Muslim sect members on two churches in the north, officials said Saturday. Police…
Insurgents killed as violence surges on Gaza border
GAZA CITY: Israel and Hamas traded threats of war amid fresh skirmishes along the tense Gaza Strip border on Sunday in which two insurgents were killed. The escalation of violence…
The US-China dialogue of the deaf
By George Soros NEW YORK: In 2010, economic conflict between the United States and China became one of the most worrying global developments. The US pressed China to revalue the renminbi,…
Europe’s financial alchemy
By Luigi Zingales CHICAGO: It is universally recognized that a key factor underlying the 2007-2008 financial crisis was the diffusion of collateralized debt obligations (CDOs), the infamous special-purpose vehicles that transformed…