Obama breaks off vacation to deal with fiscal cliff President Barack Obama was to cut his holiday short and head back to Washington on Wednesday to try to address the "fiscal cliff," a set of tax hikes and spending cuts to take effect next year.
27 December 2012
China suspends officials after 11 kids die in road wreck A city in east China suspended 12 officials Wednesday, including a vice mayor, policemen and education administrators, after 11 children were killed in a road wreck involving an overloaded vehicle.
27 December 2012
Thousands flee Malaysia floods Floods triggered by torrential monsoon rains in Malaysia forced almost 14,000 people to flee their homes and seek shelter at relief centres.
27 December 2012
Bangladesh slaughters 150,000 birds over avian flu Bangladesh's livestock authorities are slaughtering around 150,000 chickens at a giant poultry farm near Dhaka after the worst outbreak of avian flu in five years.
27 December 2012
Netanyahu launches re-election bid centred on Iran Israeli Prime Minister Benjamin Netanyahu on Tuesday put Iran at the top of on his re-election campaign, pledging that halting Tehran's nuclear programme would be his first priority as premier.
27 December 2012
S. Korea's KT bids for Vivendi stake in Maroc South Korean mobile operator KT said Wednesday it has submitted a preliminary bid for French group Vivendi's stake in Moroccan carrier Maroc in a deal estimated to be worth more than $7 billion.
Seoul says has other drone options than Global Hawks South Korea is not necessarily committed to buying US Global Hawk surveillance drones, a spokesman said Wednesday, after the Pentagon requested congressional permission for such a sale.
Egypt adopts new constitution as opposition cries foul Egypt's electoral commission confirmed on Tuesday that a controversial, Islamist-backed constitution was passed by 64 percent of voters, rejecting opposition allegations of polling fraud.
26 December 2012
China and emerging powers to pay more for UN China, Brazil, India and other emerging powers agreed to major increases in their United Nations payments as the global body hammered out a new budget deal this week to avoid its own fiscal cliff.
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