Koreas China and U S launch peace talks after 44 years
An opening round in Geneva marks a cordial start to four-nation talks aimed at a permanent Korean peace. North Korea seeks U S troop withdrawal, while Washington rejects immediate troop cuts. Beijing will chair the next round.
MENTIONED IN THIS ARTICLE
Koreas
China
U.S
Cieneva
North
South Korea
United States
Tang Jiaxuan
Roth
South
Korean
Geneva
Beijing
Korean Peninsula
Tang
North Korea
Korean Central News Agency
Washington
Stanley Roth
Kim Kye Gwan
Switzerland
Poe
South Korea suspends nine more banks in financial shakeup
South Korea acts to shore up its economy by suspending five merchant banks and accelerating a plan to open its stock market to foreigners. Finance minister Lim Chang-yuel says measures aim to ease market concern, but analysts doubt major impact as the banking system shows strain and calls grow for more liquidity via state bonds. The IMF bailout terms include lifting foreign stock ownership limits from 26 percent to 50 percent, with individual foreign ownership rising from 7 to 50 percent, moved up two days to today.
MENTIONED IN THIS ARTICLE
Sieoul
South Korea
Ter Lim Chang-yuel
Cho Il-han
Boram Securities Co
Tively
International Monetary Fund
Britain rejects Gibraltar sovereignty share proposal
British officials on Wednesday dismissed Spanish ideas for shared sovereignty over Gibraltar. Foreign Secretary Robin Cook stressed that Gibraltar’s 30,000 residents must approve any status change, noting Gibraltar Chief Minister Peter Caruana declined to participate in talks.
MENTIONED IN THIS ARTICLE
London
Gibraltar
Robin Cocik
Abel Matutes
Spain
Cibraltar
North
Africa
Mediterranean
Matutes
Press Association
Cook
Britain
Peter Caruana
Iran Opens New Chapter With Arab Summit Revelations
Tehran hosts an Islamic summit as Arab officials report warming ties with Iran. Egyptian Foreign Minister Amr Moussa says relations with Iran, Saudi Arabia, and the Arab world are improving. The gathering sees leaders debating Turkish Israeli cooperation and the Middle East peace process amid Iran’s regional rehabilitation and Saudi-Iranian rapprochement.
MENTIONED IN THIS ARTICLE
Tehran
Iran
Amr Moussa
Saudi
Egypt
Alija Izetbegovic
Organization of the Islamic Conference
Suleyman Demirel
Israel
Demirel
Turkey
Middle East
Uri Lubrani
Defense Ministry
Lebanon
U.S
Yasser Arafat
Jerusalem
David Bar-Ilan
Benjamin Netanyahu
Times of London
Persian Gulf
Iraq
Saud al-Faisal
Saudi Arabia
Abdullah
Mohammad Khatami
Ayatollah
Ali Khamenei
United States
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West Texas
Iron Works
Midland
Odeosa
Santa Fe Square
Tts
Odesea
Garfield
Loop
Polo Fark
Anese
Westbound Sport
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