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Paulson: Banking regulations need overhaul (AP)
Posted: July 2nd, 2008, 11:49am EDT
AP - The United States must build a tougher regulatory system that can allow financial institutions to fail without causing wider economic turbulence, U.S. Treasury Secretary Henry Paulson said Wednesday in London. -
Palestinian goes on rampage in Jerusalem; 3 killed (AP)
Posted: July 2nd, 2008, 11:47am EDT
AP - A Palestinian man plowed an enormous construction vehicle into cars, buses and pedestrians on a busy street Wednesday, killing at least three people and wounding at least 45 before he was shot dead by security officers.
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Palestinians storm Egyptian border, demand to pass (AP)
Posted: July 2nd, 2008, 11:41am EDT
AP - Hundreds of Palestinians stormed the Gaza Strip's border crossing with Egypt Wednesday, throwing rocks at Egyptian troops and demanding to cross, witnesses said.
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AP interview: Iranian FM dismisses attack threat (AP)
Posted: July 2nd, 2008, 11:35am EDT
AP - Iran's foreign minister dismissed the threat of an attack against his country, asserting Wednesday that the United States can't afford to open a second front in the Middle East and that Israel has too much political turmoil.
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US resolution calls for sanctions against Mugabe (AP)
Posted: July 2nd, 2008, 11:31am EDT
AP - A U.S. draft resolution calls for sanctions against Zimbabwe's president and demands that his government immediately begin talks with the opposition.
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11 rebels, 1 soldier killed in clashes in Kashmir (AP)
Posted: July 2nd, 2008, 11:20am EDT
AP - Eleven suspected Islamic militants and one Indian soldier died in gunbattles in India's portion of Kashmir this week, an army spokesman said Wednesday. -
Anti-Chavez Venezuelan general is released (AP)
Posted: July 2nd, 2008, 11:11am EDT
AP - An army general protesting the "socialism or death" motto of President Hugo Chavez has been released from military detention, but still could be charged with a crime, his attorney said Wednesday. -
Hezbollah confirms prisoner exchange with Israel (AP)
Posted: July 2nd, 2008, 11:03am EDT
AP - Hezbollah's leader says his group will hand over two captured Israeli soldiers in exchange for five Lebanese prisoners in Israel. -
Dozens of Al Qaeda suspects arrested in Morocco: agency (AFP)
Posted: July 2nd, 2008, 10:57am EDT
AFP - Thirty-five alleged recruiters for Al-Qaeda operations in Algeria and Iraq were arrested by police in Morocco, where they are also accused of planning attacks, the Moroccan news agency said Wednesday.
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Iran says any attack would provoke fierce reaction (AP)
Posted: July 2nd, 2008, 9:46am EDT
AP - With Middle East tensions building, Iran's oil minister warned Wednesday that an attack on his country would provoke an unimaginably fierce response.