Tuesday, March 10, 2009

3/10 International Herald Tribune - World News, Analysis, and Global Opinions




Banks lift markets in Europe
March 10, 2009 at 7:54 am

Stocks in Europe and Asia advanced and U.S. futures gained Tuesday, led by financial shares after Citigroup said it is having its best quarter since 2007, when it last posted a profit.

Conspicuous consumption, a casualty of U.S. recession
March 10, 2009 at 7:54 am

In the consumer race to have the latest and the best of everything, the downturn in the United States has tripped the reset button.

2 slayings in West Africa may signal a new day
March 10, 2009 at 7:54 am

Guinea-Bissau appears more stable after the deaths of its president and army chief of staff, whose rivalry had destabilized the country.

Trial on trial
March 10, 2009 at 7:54 am

Cambodian authorities have routinely dismissed all allegations of corruption.

H.D.S. Greenway: Making up for lost time
March 10, 2009 at 7:54 am

From Iran's point of view, it is America's fist that is clenched.

David Brooks: Taking a depression seriously
March 10, 2009 at 7:54 am

If the Republicans wanted to do the country some good, they'd embrace an entirely different approach on the economic crisis.

Malaysia unveils $16.2 billion economic stimulus plan
March 10, 2009 at 7:54 am

Malaysia's government has unveiled plans to inject a massive 60 billion ringgit ($16.2 billion) to stimulate the sagging economy and avert a recession.

China says U.S. provoked naval incident
March 10, 2009 at 7:54 am

China lashed out at the United States, blaming a U.S. Navy ship for violating international law during a tense confrontation near a Chinese submarine base.

Gunmen kill a police officer in Northern Ireland
March 10, 2009 at 7:54 am

Two days after two British soldiers were shot to death in Northern Ireland, gunmen opened fire and killed a police officer.

Concern over civilian deaths led to pause in Afghan raids
March 10, 2009 at 7:54 am

The halt, which lasted about two weeks, came after a series of nighttime raids by Special Operations troops in recent months killed women and children.

Dalai Lama harshly condemns China over Tibet
March 10, 2009 at 7:54 am

The furious tone of the speech followed a new clampdown by China tied to the anniversary of an uprising.

China wards off whiffs of deflation
March 10, 2009 at 7:54 am

Most economists still do not expect China's economy to suffer a broad decline in prices this year, but statistics released Tuesday provided disturbing whiffs of possible deflation.

Obama's budget specifics in lawmakers' hands
March 10, 2009 at 7:54 am

What the Democratic barons of Congress liked best about President Obama's audacious budget was his invitation to fill in the details. They have started by erasing some of his.

EADS profit rises, but outlook is cloudy
March 10, 2009 at 7:54 am

Tthe European aerospace group said net profit had leapt to nearly $2 billion in 2008 after a record year for aircraft sales by Airbus, which accounts for some 80 percent of the group's revenues.

Dozens dead in suicide attack in Baghdad
March 10, 2009 at 7:54 am

A suicide bomber killed at least 20 people and wounded 28 others on Tuesday during a tour by tribal leaders and security officials of a market in western Baghdad, a security official said.

To halt slide, apply debt or control?
March 10, 2009 at 7:54 am

Powerful interests in the United States are expected to oppose European and Japanese pressure for international financial regulation.

Deadly bombing in Sri Lankan south; minister wounded
March 10, 2009 at 7:54 am

As the military pushed toward what it said would be a final victory over Tamil separatist fighters in the north, a suicide bomber killed 10 people and injured 20 in the south.

HSBC stock rebounds in Hong Kong
March 10, 2009 at 2:20 am

HSBC shares rose after it suffered its biggest slide in at least three decades a day earlier.

Asian stocks rebound on banking shares
March 10, 2009 at 12:29 am

Gains in banking stocks, including HSBC, led Asian markets higher on Tuesday.

Swiss swindler is jailed for blackmailing heiress
March 9, 2009 at 6:28 pm

A former Swiss investment banker was jailed Monday for six years for trying to blackmail Germany's wealthiest woman, the heiress to the BMW car empire, with secret video of their lovemaking.

A strapped U.S. adopts cheap-chic attitude
March 9, 2009 at 6:28 pm

It is a sign of the times when Sacha Taylor, a fixture on the charity circuit in this gala-happy city, digs out a 10-year-old dress to wear to a recent society party.

Sudan frees political foe who pressed Bashir to surrender
March 9, 2009 at 6:28 pm

Sudan on Monday freed an opposition leader who was jailed for nearly seven weeks after calling on President Omar Hassan al-Bashir to surrender to face war-crimes charges.

China harassed U.S. ship, Pentagon says
March 9, 2009 at 6:28 pm

The Pentagon has lodged a formal protest with the government in Beijing, saying five Chinese ships harassed an American surveillance vessel in international waters.

A return to the Gallic sense of fashion
March 9, 2009 at 6:28 pm

Christian Lacroix embraces the concept of "less is more" -- for ready-to-wear, at least.

Germany at odds with U.S. over crisis
March 9, 2009 at 6:28 pm

Germany may be at the heart of any European response to a weakening world economy, but Germany's heart is not in it.

Obama ends Bush limits on stem cell research
March 9, 2009 at 6:28 pm

President Barack Obama pledged that his administration would "make scientific decisions based on facts, not ideology."

Despite Ulster slayings, U.K. firm on peace effort
March 9, 2009 at 6:28 pm

Prime Minister Gordon Brown flew to Northern Ireland, where there are no plans to put troops back onto the streets.

A 'new' Shakespeare comes to light
March 9, 2009 at 6:28 pm

A portrait of William Shakespeare has surfaced that scholars say is the only known portrait to have been painted in his lifetime.

Symbolic dates have China on edge
March 9, 2009 at 6:28 pm

Anniversaries of the Tibetan uprising and the Tiananmen Square crackdown are seen as possible triggers for unrest.

Obama orders review of Bush legal maneuvers
March 9, 2009 at 1:42 pm

President Barack Obama directions marked the latest step in his administration's effort to deal with a series of legal and policy disputes it inherited from the Bush administration.

A silver ghost haunts a Swiss bar
March 9, 2009 at 12:31 pm

Eleanor Thornton, a secretary for the 2nd Baron Montagu of Beaulieu in England — and also his lover — was made forever young as the model for the famous sculpture, The Spirit of Ecstasy, that adorns Rolls-Royce.

German vote a turning point on Russia and its energy
March 9, 2009 at 12:31 pm

When Germany votes Sept. 27, the choices could include a government with fewer ambiguities about where it stands on Russia and a plan for taking a less dependent path on energy supply.

Gathering of contrarians takes on 'climate alarm'
March 9, 2009 at 12:31 pm

The International Conference on Climate Change brings together conservative campaigners, scientists, a former astronaut and the president of the Czech Republic.

China increases security in Tibet as anniversary nears
March 9, 2009 at 12:31 pm

The announcement of increased patrols came before the 50th anniversary of a failed Tibetan rebellion against Chinese rule.

Been there
March 9, 2009 at 12:31 pm

Don't ever let the locals think the mighty U.S. will fight all their battles for them.

For sale: The $100 house
March 9, 2009 at 12:31 pm

A strange new American dream for homeowners can be found in Detroit, amid the ruins of industrial decline.

The Armageddon Waltz
March 9, 2009 at 12:31 pm

At the Bankruptcy Ball in Vienna in 1913, thin gentleman came as deposits, fat ones as withdrawals.

Fatwa or no, yoga event goes on in Bali
March 9, 2009 at 12:31 pm

One month after the top Muslim clerical body in Indonesia issued a fatwa condemning yoga, the island of Bali is holding an international festival celebrating the ancient practice.

As war games begin, North Korea issues threat
March 9, 2009 at 12:31 pm

As thousands of U.S. Marines poured into South Korea for a joint military exercise, North Korea warned that it would attack the U.S., Japan and South Korea if they tried to halt a planned satellite launch.

For love of a beach, surfers thwart bid to save it
March 9, 2009 at 12:31 pm

Surfers in Florida succeeded in blocking a strategy widely used against the beach erosion that threatens most of the U.S. coasts.

Shares seek a course as oil prices rise
March 9, 2009 at 12:31 pm

Wall Street drifted as markets reopened after a grinding week of losses, but the price of oil rose to its highest point since early January.

Obama lifts Bush's strict limits on stem cell research
March 9, 2009 at 12:31 pm

At a ceremony at the White House on Monday, President Barack Obama said his administration would "make scientific decisions based on facts, not ideology."

Warren Buffett sees 'close to worst-case' outlook for U.S. economy
March 9, 2009 at 12:31 pm

Warren Buffett said Monday that the U.S. economy had "fallen off a cliff" but eventually would recover, although a rebound could rekindle inflation worse than experienced in the late 1970s.

Brown says Irish assault will not halt peace effort
March 9, 2009 at 12:31 pm

Prime Minister Gordon Brown flew to Northern Ireland Monday amid concerns over the resurgence of violence.

Merck to buy Schering-Plough in $41 billion deal
March 9, 2009 at 12:31 pm

The deal would be the second big combination in the pharmaceutical sector this year.

Tsvangirai says crash in Zimbabwe was an accident
March 9, 2009 at 12:31 pm

Prime Minister Morgan Tsvangirai of Zimbabwe said Monday that a car crash that killed his wife last week was an accident, countering speculation among some of the government's critics that the incident was related to the nation's tortured history of political dirty tricks.

Geithner faces economic tsunami without a fully staffed department
March 9, 2009 at 12:31 pm

The White House has become so worried about potential tax problems and other issues with candidates that it has nominated only a handful of people.

Nikkei sinks to lowest level since 1982
March 9, 2009 at 9:00 am

The decline comes as the United States pressures industrialized nations to step up spending to battle the global economic slowdown.

The rise of the temp in the top office
March 9, 2009 at 8:45 am

The idea by the recruiter Heidrick & Struggles to fill companies' leadership gaps during the crisis with temporary executives could be a recipe for chaos.

Kim wins re-election with 99.9% of the vote
March 9, 2009 at 7:30 am

Kim Jong Il was unanimously re-elected to North Korea's rubber-stamp parliament, state media said Monday, in elections closely watched for signs of a political shift or hints the autocratic leader is grooming a successor.


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