Thursday, September 24, 2009

World News Briefs -- September 24, 2009 (Evening Edition)

The embattled US dollar is expected to come under scrutiny at a summit of developing and industrialized nations following China-led calls to review its role as a reserve currency. (AFP/File/Karen Bleier)

Dollar Under Scrutiny At G20 Summit -- Yahoo News/AFP

PITTSBURGH, Pennsylvania (AFP) – The embattled US dollar is expected to come under scrutiny at a summit of developing and industrialized nations following China-led calls to review its role as a reserve currency.

The dollar issue is bound to surface at the two-day meeting in Pittsburgh as US President Barack Obama and other leaders of the Group of 20 economies debate a new framework for tackling the so called global "economic imbalances" blamed for fuelling the latest financial crisis.

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MIDDLE EAST

Netanyahu: No peace until Palestinians accept Israel as Jewish state.

Russia links Iran sanctions to US missile change. Russia 'rethinks' Iran sanctions. China unmoved on Iran sanctions.

Al-Qaida-linked inmates break out of Iraq prison.

Is Obama's ME plan going the way of the Saudi peace plan?

Madoff-like scandal soils Hezbollah's clean image.

ASIA

McChrystal: Violence "worse" than expected.

US drone attack kills 10 in Pakistan: officials.

Dust storm in Australia turns Sydney into Mars. Huge clean-up after Sydney storm.

US to talk to Burmese military.

Tribal elders gunned down by Taliban in Pakistan.

India nuke tests 'completely successful': scientist.

AFRICA

Morocco arrests 24 in 'terrorist network' crackdown.

Al-Qaeda threat closed US embassy in S.Africa.

African leaders ally to eradicate deadly malaria.

Big jump in S Africa sex offences.

EUROPE

Irish lead the party as Guinness celebrates 250th birthday.

Merkel leads polls ahead of German national elections sunday.

UK's Brown signals nuclear subs reduction.

German troops get the Afghan blues.

EU unveils new 'super-regulators'.

Huge Anglo-Saxon gold hoard found.

AMERICAS

Curfew lifted, Hondurans seek normalcy. Embassy an uncomfortable refuge for Honduras' Zelaya.

Dalai Lama prays at site of Martin Luther King's death.

Survey: 75 pct of Mexicans unhappy with country.

TERRORISM/THE LONG WAR

US charges man in bomb plot, releases imam.

Algerian seized with Abu Zubaydah loses habeas case.

US warns on travel to Germany after Al-Qaeda threat. Honduras’s two Presidents keep their distance.

Guantanamo prisoner says he's lost hope in Obama.

ECONOMY/FINANCE/BUSINESS

The frightening spike in the price of Gold.

Sarkozy: Restructure world's financial flows.

Card defaults surge in August to 11.49%, Moody’s says.

U.S. issues $7 trillion debt.

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