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9 Americans held in Saudi

Riyadh / AFP Saudi authorities have arrested nine American citizens among 33 “terror” suspects rounded up over the past days, the Saudi Gazette newspaper reported on Sunday. Four Americans were arrested on Monday and five others over the past four days, the paper reported citing an unidentified source. The arrests also included 14 Saudis, three Yemenis, two Syrians, an Indonesian, ...

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50 killed in Syria suicide bombings

Damascus / AFP At least 50 people were killed and 110 wounded on Sunday in three bomb blasts near the revered Shiite shrine of Sayyida Zeinab outside the Syrian capital Damascus, state media said. State news agency SANA said the first blast was caused by a car bomb that detonated at a bus station near the shrine. It said two ...

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Bank bailout that can spark a slump

There’s been endless speculation in recent weeks about whether the US, and the whole world for that matter, are about to sink into recession. Underpinning much of the angst is an unprecedented $29 trillion corporate bond binge that has left many companies more indebted than ever.Whether this debt overhang proves to be a catalyst for recession or not, one thing ...

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