Internationals

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Fri
31
Aug
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Federal Reserve Chief to Make Speech Later Today

World stock markets were mixed on Friday ahead of a speech by Fed Chairman Ben Bernanke that investors hope will show the central bank is still considering new stimulus for the U.S. economy.
In morning trading in Europe, Germany’s DAX was up 0.6 percent at 6,933.99 while France’s CAC-40 added 0.6 percent to 3,399.90. London’s FTSE 100 rose 0.3 percent to 5,734.35.
Wall Street appeared headed for gains, with Dow Jones industrial futures rising 0.3 percent to 13,023. The broader S&P 500 futures added 0.4 percent to 1,402.20. Asian indexes, however, closed mostly lower.
Bernanke will deliver his speech on Friday at a global gathering of central bankers in Jackson Hole, Wyoming. Hopes for further stimulus action took a blow this week when the Fed’s “Beige Book” survey of economic sentiment was fairly positive. Traders will look to Bernanke to clarify the Fed’s position.

Fri
31
Aug
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Assange Hopes Sweden Will Drop Case

Julian Assange

 

Julian Assange expects to wait six months to a year for a deal to free him from Ecuador's embassy in London, and hopes Sweden will drop its case against him, the WikiLeaks' founder said in an interview broadcast on Thursday.

The former computer hacker has been holed up at the embassy for more than two months, seeking to avoid being sent to Sweden for questioning over rape and sexual assault allegations - and triggering a diplomatic spat with Britain.

Talks over Assange's fate resumed this week, and Ecuador's government said it was optimistic it will be able to strike a deal with Britain for Assange to receive guarantees he would not be further extradited from Sweden to the United States.

Ecuador granted him asylum earlier this month saying that it shares his fears that he could face charges in the United States over the publication in 2010 by WikiLeaks of thousands of secret U.S. diplomatic cables.

Fri
31
Aug
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Persian interpreter Alters Egyptian President Speech

Egyptian President Morsi

 

Egyptian President Mohammed Morsi received a warm welcome in Tehran on Thursday but it would seem that his historic speech at the Non-Aligned Movement summit may not have been the same speech heard by the Islamic Republic's citizens on national television and radio stations.

Iranian media claimed Thursday that official stations were deceiving home viewers by tampering with the translation of Morsi's speech into Persian.According to the reports, the simultaneous interpreter adapted Morsi's speech to fit in with the Iranian regime's rhetoric – according to which Assad's regime in Syria should not be criticized.

Fri
31
Aug
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Mysterious Object Beneath the Baltic Sea

Mysterious Object

 

A feature on the floor of the Baltic Sea that was discovered last summer by Swedish treasure hunters is making headlines once again. The latest media coverage draws upon an hour-long radio interview with Peter Lindberg, head of the Ocean X Team (which made the "discovery"), in which Lindberg delivers a string of cryptic and titillating statements about the "strange" and "mysterious" seafloor object his team has been exploring for a year.

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