The socialist president of Venezuela, Hugo Chavez, has died recently at 58 according to Nicolas Maduro, the vice president of Venezuela. Chavez had sought treatment in Cuba for an undisclosed type of cancer. He was among the most famous Latin American leader while he was in office. Despite suppressing free speech, he continued to be […]
President Hu Jintao and his team that led China in the past decade will take a step back leaving the country’s leadership to Xi Jinping after a period of government that made the communist giant the second biggest economy on the planet and a true world power. Wen Jiabo who helped lead the Chinese Government […]
Good news from the stock markets as the Dow Jones ended the day on a record high. As the markets opened the benchmark index surpassed the the all-time high of 14,164.53 from back in October 2007, before the recession began. The closing bell saw the benchmark stuck up there with the Dow gaining a total […]
The latest UN sanctions against North Korea will receive the support of China. The sanctions that will be imposed are in connection to the nuclear weapons test that was conducted by the country last February. An agreement was reached between the United States and China with the words that will be used on the resolution. […]
Around ten million JC Penney Co (NYSE:JCP) shares will reportedly be sold by Vornado Realty Trust through an unregistered secondary transaction. This was revealed by someone who had some knowledge about the sale. The block transaction will reportedly be handled by Deutsche Bank AG (NYSE:DB), the source added. The source also indicated that the price […]
In a recent visit to the country’s capital, Cairo, secretary of state John Kerry has reminded Egyptian leaders, politicians and businessmen how urgent both economic and political reforms are needed and that this is the only way they can securely be granted a $4.8 billion loan from the International Monetary Fund or IMF. Kerry also […]
The vice president of Venezuela reportedly said that President Hugo Chavez is already in a critical condition. The chemotherapy of the president of Venezuela started after his fourth surgery for cancer in Cuba last December, according to Vice President Nicolas Maduro. The revelation was the first time the vice president made on the condition of […]
Syria and their close ally Russia denounced the United States latest promise to provide direct help to rebels in non lethal form, saying it will only lengthen the conflict and increase violence. Just a couple of weeks shy of the two year mark, the conflict doesn’t appear to be any closer to its resolution as both rebels […]
A sizeable crowd gathered at St. Peter’s Square to listen to the last public statements of Pope Benedict XVI prior to his resignation. Around 50,000 tickets were released for the last general audience of the pope although more were expected to see the momentous event in person. Some of the faithful were lucky enough to […]
The winner of Italy’s elections held yesterday, Pier Luigi Bersani is trying to convince the other major winner, comedian Beppo Grillo and his Five Star Movement, or M5S into a governing coalition. At a press conference held after he was announced victorious, Bersani said that the time for more than words had come for Grillo’s […]
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