NEW YORK – Citigroup said it was profitable in the first two months of the year and U.S. stock markets cheered the rare good news, but the IMF issued a dire warning of a “Great Recession” and several major industrialized nations provided grim snapshots of the global economic crisis.
WASHINGTON – The United States accused China yesterday of adopting a more aggressive military stance in the South China Sea as a naval confrontation sparked anger in Beijing and raised tension ahead of a U.S. visit by China’s foreign minister.
NAIROBI – Thousands of students protested against alleged police killings in Kenya yesterday and the demonstration slid into violence with shops ransacked, journalists beaten and officers pelted with stones.
BAGHDAD – A suicide bomber killed at least 28 people in an attack on tribal leaders and security officials in western Baghdad yesterday, the second big attack in the Iraqi capital in three days.
BELFAST – Irish and British politicians vowed yesterday to defend the peace process between Northern Ireland’s Protestants and Catholics after attacks by republican splinter groups threatened a return to conflict.
WASHINGTON – Iran still lacks weapons-grade highly enriched uranium and has not yet made a decision on whether to produce any, U.S. intelligence officials told Congress yesterday.