Featured

Mandela pays tribute to Makeba: "South Africa's first lady of song"

Nelson MandelaJohannesburg - Nelson Mandela on Monday paid tribute to singer and fellow anti-apartheid icon Miriam Makeba, calling her "South Africa's first lady of song."

"The sudden passing of our beloved Miriam has saddened us and our nation," the former South African president and Nobel laureate said.

"It was fitting that her last moments were spent on a stage, enriching the hearts and lives of others - and again in support of a good cause," he added.

30 killed, 68 injured in Baghdad market explosions

Suicide bomber blows herself up in hospital, kills three Baghdad - At least 30 people were killed on Monday and another 68 were wounded when three suicide bombers blew themselves up one after another in a Baghdad market, media report said.

According to the Aswat al-Iraq news agency, the first attacker detonated a car bomb in the mostly Sunni neighborhood of Adhamiyah, and then, as people rushed to help the injured, two other attackers blew themselves up in the crowds.

Iraq sets date for delayed provincial elections in January

Baghdad, IraqBaghdad  - Iraqis will go to the polls in January, in long- awaited provincial elections which are expected to help a process of national reconciliation, local media said on Monday.

The elections will take place on January 31 in 14 of Iraq's 18 provinces, with the disputed multi-ethnic Kirkuk province and the three autonomous provinces of Kurdistan excluded.

Campaigning for elections will start at the beginning of December and will last for two months, al-Arabiya television reported.

Two Italian nuns abducted in Kenya

Two Italian nuns abducted in KenyaRome - Italy's foreign ministry confirmed Monday that two Italian Roman Catholic nuns have been abducted in Kenya.

"Foreign Minister Franco Frattini is constantly monitoring the situation," the ministry said in a statement in Rome.

The nuns may have been taken across the border into Somalia, the ANSA news agency said, citing Somali "news reports."

US insurer AIG reports record Q3 loss of 24.5 billion dollars

US insurer AIG reports record Q3 loss of 24.5 billion dollars New York City: ­ Struggling US insurer American International Group (AIG) on Monday in New York reported a record third quarter net loss of 24.47 billion dollars compared to a net profit of 3.09 billion dollars in the same period last year.

Commenting on the results, AIG Chairman and Chief Executive Officer Edward M Liddy said, "third quarter results reflect extreme dislocations and volatility in the capital markets and significant charges related to restructuring activities."

Big energy bills keep inflation high in Latvia

Big energy bills keep inflation high in Latvia Riga - There was mixed news on the Latvian economy Monday with official statistics recording a month-on-month rise in the consumer price index (CPI) inflation figures but a continuing downward trend year-on-year.

The Latvian Central Statistical Bureau said that compared to September 2008 inflation for October 2008 rose by 1.2 per cent to stand at 13.8 per cent year-on-year.

In September, Latvian annual inflation was 14.9 percent.

Pages