The United States, Europe and other countries are pushing for the United Nations to unfreeze billions in Libyan assets. This is on top of what the U.S. is unfreezing.
A Libyan rebel official admitted in a press conference they needed the money “…for supplies…to pay salaries.”
From the beginning the African Union has been oppossed to […] Continue Reading…
Reports that the Bab al-Azizia military compound in Tripoli, is under intense attack by government forces.
The fighting has been going on for hours. Initially rebels found hidden tunnels under the compound. Government forces were hiding inside and began attacking the rebels.
Then in the early hours of the next morning government forces appeared on the […] Continue Reading…
Libyan government forces let at least 35 reporters go free. They were hold up in the Rixos Hotel in Tripoli.
It happened after Mahmud Nacua, the Libyan charge d’affairs at the Libyan embassy in London, urged the government forces to let the journalists go free.
CNN’s Mathew Chance said the government gunmen “…literally cast away their […] Continue Reading…
South Korean news agency Yonhap, says their ambassador’s residence in Tripoli, was attacked by about 30 people. They stole “television sets and other gadgets”, but no-one was hurt during.
Russian President Dmitry Medvedev, is urging peace talks between rebel and government forces. Medvedev says Russia will consider establishing formal relations with the rebels if they […] Continue Reading…
“I personally believe that the very fact that children from all over the world read and enjoy Doraemon is a testament to the fact that children are children no matter where they are.”-Masako Fujimoto
Fujiko F. Fujio, creator of the cartoon character Doraemon, died in 1996, but his creation lives on.
Finance Minister Yoshihiko Noda announced that a U.S.$100 billion fund is being created, to help Japanese companies to use yen to buy foreign money, and take over foreign companies.
Noda says the fund is a response to the crashing U.S. dollar, which is forcing up the value of the Japanese yen. The more the yen […] Continue Reading…
The Chinese government has expanded the use of the yuan in international trade deals.
Originally China restricted the use of the yuan to just five cities, for trade with Southeast Asian nations. Later it was expanded so 20 provinces could use the yuan in all their international payments. Now, the People’s Bank of China gave […] Continue Reading…
The Non-Life Insurance Rating Organization of Japan said insurance companies gained more than 2.51 million new earthquake contracts, since the 11 March 2011 megadisaster.
Not surprisingly the biggest gains were in the areas hardest hit: Fukushima Prefecture saw a 49.6% increase. Iwate Prefecture 26.4% increase. Miyagi Prefecture up 22.3%.
The British Prime minister’s office is holding an emergency National Security Council meeting on Libya. The meeting is being chaired by Foreign Secretary William Hague.
Rebels claim they’ve found tunnels under the Bab al-Azizia compound. Sounds like fighting is taking place, rebels say they’re trying to “clear” the tunnels.
Despite many earlier reports from foreign reporters […] Continue Reading…