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US slaps sanctions on major Iranian bank

Washington: The US Tuesday slapped sanctions against a major Iranian bank, which followed the additional tough sanctions against Tehran by the European Union. The US Treasury Department designated Iran’s third-largest bank, Bank Tejarat, for providing financial services to several Iranian banks and firms already…

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Meryl And Michelle To Battle It Out For Oscar

Meryl Streep’s portrayal of Margaret Thatcher is expected to earn her another Oscar nomination when they are announced later. The actress, who has won two Oscars in her career, is strongly tipped to pick up the Best Actress statuette for her performance as the former prime minister in The Iron Lady. But she could face competition from Michelle…

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Gaddafi loyalists launch offensive on key oil town as counter-insurgency grows

Mahmoud al-Warfali, a revolutionary brigade spokesman in Bani Walid, said that as many as 150 pro-Gaddafi fighters were battling forces loyal to the National Transitional Council in the formerly pro-regime redoubt, 110 miles south of the capital, Tripoli. "There are around 100 and 150 men armed with heavy weapons who are attacking. We have asked for the army to intervene, ...

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Newt Gingrich, the man who knows too much

Some persistence is merely doggedness. Newt Gingrich’s persistence is a form of confidence — the firm belief that, given enough time and enough debates, his skills will prevail. He knows how to probe an opponent’s weakness, how to humiliate a journalist, how to employ an applause line and how to parry an uncomfortable question. The anti-Romneys who came before him ...

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Croatia Votes 2 to 1 to Join European Union

BRUSSELS — Croats voted by a two-to-one margin on Sunday to join the European Union, signaling that the bloc retains its allure despite the debt crisis engulfing the euro currency that many of its members use. Hrvoje Polan/Agence France-Presse — Getty Images The referendum on European Union membership drew 44 percent of eligible voters, like this man casting his ballot ...

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Yemen’s leader Saleh leaves for medical treatment in New York

The Obama administration has approved Yemen President Ali Abdullah Saleh’s request to enter the United States for medical treatment, clearing the way for a transfer of power in the strife-filled country. Saleh flew out of Yemen’s capital, Sanaa, late Sunday and headed for a first stop in Oman, a Yemen spokesman said. It was not clear when he would arrive ...

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BlackBerry maker CEOs step down as pressure mounts

WATERLOO, Ontario (Reuters) – Research In Motion’s Mike Lazaridis and Jim Balsillie have resigned as co-CEOs and co-chairmen, handing the top job to an insider with four years at the struggling BlackBerry maker. Thorsten Heins, a former Siemens executive who has risen steadily through RIM’s upper management ranks since joining the Canadian company four years ago, took over as CEO ...

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