Economy - Voice of America: US Investigates JPMorgan's $2 Billion Loss

Economy - Voice of America economy-and-business

US Investigates JPMorgan's $2 Billion Loss May 15th 2012, 20:29 News media in the United States are reporting that the federal government has opened a criminal investigation into the more than $2 billion trading loss sustained by the JPMorgan Chase & Co. investment bank. Sources told various news outlets on Tuesday that the Justice Department probe is at an early stage. The investigation is being started only days after JPMorgan's chairman and chief executive, Jamie Dimon, disclosed the loss that stemmed from complex trading transactions in the ... Media files: 3BF2FC41-EDCE-4269-93A1-B1A6F64F7DCB_cx3_cy3_cw92_w800_r1.jpg (image/jpeg, 0 MB)

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Europe - Voice of America: France's Hollande Meets Merkel in Germany

Europe - Voice of America europe

France's Hollande Meets Merkel in Germany May 15th 2012, 19:56 New French President Francois Hollande has met with German Chancellor Angela Merkel in Berlin, shortly after his inauguration as France's first Socialist leader in 17 years. During their first official meeting, the two leaders were expected to discuss their differences on how to revive Europe's economy and avert the euro crisis looming in the wake of Greece's political and financial problems. Holland's first attempt to fly to Germany following his inauguration failed ... Media files: F87FF9EB-0BB5-429A-8F68-56B9DD25C95A_cx0_cy2_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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USA - Voice of America: US Investigates JPMorgan's $2 Billion Loss

USA - Voice of America usa

US Investigates JPMorgan's $2 Billion Loss May 15th 2012, 20:29 News media in the United States are reporting that the federal government has opened a criminal investigation into the more than $2 billion trading loss sustained by the JPMorgan Chase & Co. investment bank. Sources told various news outlets on Tuesday that the Justice Department probe is at an early stage. The investigation is being started only days after JPMorgan's chairman and chief executive, Jamie Dimon, disclosed the loss that stemmed from complex trading transactions in the ... Media files: 3BF2FC41-EDCE-4269-93A1-B1A6F64F7DCB_cx3_cy3_cw92_w800_r1.jpg (image/jpeg, 0 MB)

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Middle East - Voice of America: Reports: US Aids Yemen al-Qaida Strikes

Middle East - Voice of America middle-east

Reports: US Aids Yemen al-Qaida Strikes May 15th 2012, 19:10 CAIRO - With U.S. troops reportedly guiding air raids from a nearby base for the first time, Yemeni jets attacked positions of al-Qaida insurgents Tuesday in southern Yemen's Abyan province. Yemeni officials said a "four-pronged assault" on the militants was being waged on the ground, backed by heavy artillery and aerial bombardment, and that U.S. troops stationed at al-Annad air base in Lahj province were providing logistical support. The reported participation of U.S. ... Media files: B1C8275A-1B95-4083-A381-01DB1F8CF5A8_cx0_cy8_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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Asia - Voice of America: Chinese Dissident Chen: Discussions on US Visa Under Way

Asia - Voice of America asia

Chinese Dissident Chen: Discussions on US Visa Under Way May 15th 2012, 19:57 Blind Chinese activist Chen Guangcheng says U.S. diplomats are holding discussions with their Chinese counterparts on plans for him to travel to New York for a teaching fellowship, but have been asked to maintain a low profile on the case. In an interview with VOA, Chen said an official, sent and authorized by the central government, visited him in the hospital to discuss details of the trip to the United States. Chen says he thinks the trip will take place eventually, despite the ... Media files: 67CFFE76-5A6C-45C3-A564-20118F5B7B6D_cx0_cy0_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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Africa - Voice of America: Food Voucher Initiative in Somaliland Called Big Success

Africa - Voice of America africa

Food Voucher Initiative in Somaliland Called Big Success May 15th 2012, 17:47 GENEVA - The World Food Program says a program in Somaliland that allows people to buy food with cash vouchers instead of receiving handouts is proving to be a huge success. Based on the favorable results, WFP says it plans to expand the initiative to other accessible parts of Somalia.   The World Food Program says thousands of people in Somaliland are enjoying a better, more varied diet since it introduced its voucher scheme. Under the program, people receive $80 worth of ... Media files: B2FA6F13-CF58-4A80-8743-0F68877BC56F_cx0_cy15_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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Africa - Voice of America: Cut in Uganda’s Health Budget Alarms AIDS Activists

Africa - Voice of America africa

Cut in Uganda's Health Budget Alarms AIDS Activists May 15th 2012, 13:22 KAMPALA - Uganda is at the beginning of a months-long budgeting process for the country's next fiscal year. AIDS activists are already alarmed at a proposed reduction in the health budget and are demanding more money to curb the country's epidemic.   The possibility of funding cuts come despite ambitious targets set by the government last December to virtually eliminate mother-to-child HIV transmission by 2015. Kampala also pledged to double the number of new HIV patients on treatment ... Media files: 61ABC7C1-E168-4CC2-A9EE-A5EA1F35707C_cx0_cy8_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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Africa - Voice of America: UN Fears for South Sudanese as Austerity Bites

Africa - Voice of America africa

UN Fears for South Sudanese as Austerity Bites May 15th 2012, 16:48 JUBA, SOUTH SUDAN - The United Nations has voiced concern about South Sudan's ailing economy and says its people could suffer from spiraling inflation in the coming months, while around half the population already faces food shortages.   South Sudan has taken in little revenue since January, when the government shut down oil production amid a dispute with Sudan over transit fees.   South Sudan's U.N. humanitarian coordinator, Lise Grande, said Tuesday the organization ... Media files: 2981A685-FC48-4ADB-957F-35D008AAFFEA_cx0_cy0_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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Africa - Voice of America: Urgent UN Appeal For South Sudan Food Aid

Africa - Voice of America africa

Urgent UN Appeal For South Sudan Food Aid May 15th 2012, 18:53 The United Nations is calling for more than $500 million in emergency aid for the people of South Sudan. Late last year the UN appealed for nearly $800 million to fund humanitarian operations in South Sudan but it received about a third of that amount.  The UN said the bulk of the $505 million it needs would go toward providing food to tens of thousands of South Sudanese, many of whom are returning home from Sudan. The UN Humanitarian Aid Program Coordinator in South Sudan, Lisa ... Media files: 411E102A-3658-4572-9953-E8BD21C269D7_cx0_cy0_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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Middle East - Voice of America: United Arab Front Against Iran Less Likely

Middle East - Voice of America middle-east

United Arab Front Against Iran Less Likely May 15th 2012, 16:46 DUBAI - Analysts say a united Arab front against Iran looks less likely after the Gulf Cooperation Council this week delayed deciding on forming a stronger political union. Speaking at the talks in Riyadh on Monday, Saudi Foreign Minister Saud al-Faisal said the announcement of a new union had been postponed so that all GCC states could be included and "not only two." Media reports predicted Saudi Arabia and Bahrain would form an initial alliance that other Gulf countries ...

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