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Report: Russian missiles heading to Iran

Posted: 12/22/2008 - Russia's arms export agency says Moscow is supplying Iran with defensive weapons, but will not say whether the shipments include sophisticated long-range S-300 missiles.

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Saudi projects $17B deficit in 2009

Posted: 12/22/2008 - Saudi Arabia says it expects to post a deficit of 65 billion riyals ($17.3 billion) in 2009, its first in over four years, as lower oil prices and the global economic crisis hit the Arab economic powerhouse.

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Brazil revises 2008 growth upward

Posted: 12/22/2008 - Brazil's Central Bank says economic growth this year should be faster than expected -- adjusting its estimate of GDP growth to 5.6 percent from 5 percent.

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Toyota projects 1st ever operating loss for year

Posted: 12/22/2008 - The global economic downturn and a surging yen have hit Toyota in the bank account with the automaker projecting its first operating loss ever for the fiscal year through March.

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Big winners in Spanish lottery

Posted: 12/22/2008 - Spain's Christmas lottery, among the world's richest, is distributing nearly $3.25 billion in prizes. And none too soon, given the global economic troubles.

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Karzai presses top US military leader

Posted: 12/22/2008 - President Hamid Karzai is pressing America's top military officer about where 20,000 to 30,000 new U.S. troops will be operating in Afghanistan.

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Iraqi Parliament delays vote on foreign troops

Posted: 12/22/2008 - Iraq's parliament speaker has delayed a session to approve a resolution allowing British and other non-American troops to remain in Iraq until July 2009.

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World stocks mostly lower after Toyota warning

Posted: 12/22/2008 - International stock markets mostly fell today in light pre-Christmas trade after Japan's Toyota Motor Corp. issued its second profit warning in less than two months.

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All in Iraqi custody in Baath party plot freed

Posted: 12/19/2008 - Iraq's interior minister says all those arrested for allegedly conspiring to revive Saddam Hussein's banned political party have been released without charge.

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French court OKs "Les Miserables" sequels

Posted: 12/19/2008 - A French appeals court has ruled that two modern-day sequels to Victor Hugo's classic "Les Miserables" do not constitute a threat to the integrity of the novel or the moral rights of its 19th century author.

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Belarus wants $5B loan from US

Posted: 12/19/2008 - Belarus' authoritarian president, whom the United States has called "Europe's last dictator," is asking the U.S. for a $5 billion loan.

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Britain issues warning on Israeli settlements

Posted: 12/19/2008 - Britain's Foreign Office says it is advising Britons not to buy property in Israeli settlements in Palestinian territories or the Golan Heights.

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EU to Obama: make Middle East peace a priority

Posted: 12/19/2008 - The European Union's external relations commissioner says the new U.S. administration should make the Middle East peace process a priority and build upon progress made so far.

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Witnesses: Police disperse Bahrain protest

Posted: 12/19/2008 - Witnesses say Bahraini security troops have fired tear gas and rubber bullets to disperse thousands of protesters demanding Arab governments take action to end the closure of the Gaza Strip.

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