Raj Rajaratam's appeal denied
A federal court has denied Raj Rajaratnam's
request to remain free on bail while he appeals his insider-trading
conviction, a ruling that forces the fallen hedge fund manager to
report to prison on Monday.
Suu Kyi sees Myanmar on 'road to democracy'
'If we work together there will be no turning
Opposition leader Aung San Suu Kyi said Friday
she was confident about prospects for democratic reforms in Myanmar,
after talks with US Secretary of State Hillary Clinton during a
landmark visit. In a meeting unthinkable little more than a year
ago, Clinton held in-depth talks with the Nobel laureate at the
crumbling lakeside mansion in Yangon where Suu Kyi spent most of the
past two decades as a prisoner in her own home.
UN cuts world growth forecast, IMF to follow
The United Nations on Thursday slashed its
forecast for world growth to 2.6 percent in 2012 and warned the
eurozone debt crisis could further undermine the global performance.
Europe on verge of launching 'fiscal union'
German Chancellor Angela Merkel and French
President Nicholas Sarkozy said Friday that European nations were on
the verge of creating a "fiscal union" with rigorous budgetary
oversight to battle the eurozone debt crisis.
NATO killings erode Pakistan appetite for peace
Deadly NATO strikes have sapped Pakistan's
appetite for helping the United States carve out a settlement in
Afghanistan, experts say, with army chiefs under pressure from their
furious junior ranks. The killing of 24 soldiers in attacks on two
Pakistani posts close to the Afghan border on Saturday has prompted
fury in the nuclear-armed Muslim nation, where there is little love
for the alliance with Washington.