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U.S. senate confirms Leon Panetta as new defense secretary

Posted on 21 June 2011

WASHINGTON, June 21 (Xinhua) — U.S. Senate on Tuesday unanimously voted to confirm Central Intelligence Agency (CIA) chief Leon Panetta as America’s new defense secretary, replacing Robert Gates who will retire this summer, local media reports said.

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Top headline news you need to know – June 21: 2114 GMT

Posted on 21 June 2011

WASHINGTON, June 21 (Tantao News) – The top stories making headlines right now:

United States:
New York – Jon Huntsman, former governor of Utah and most recently the Obama Administration’s Ambassador to China, officially announced he was running for president. Huntsman, a republican, made his announcement at a park facing the Statue of Liberty and said that he would be a better leader than President Obama.

“He and I have a difference of opinion on how to help a country we both love,” Mr. Huntsman said of Mr. Obama. “But the question each of us wants the voters to answer is who will be the better president, not who’s the better American.” Continue Reading

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Former U.S. envoy to China announces presidential bid

Posted on 21 June 2011

WASHINGTON, June 21 (Xinhua) — Jon Huntsman, who had worked for Barack Obama’s administration until April as U.S. ambassador to China, announced Tuesday that he will run for president in 2012.

The former Utah governor made his bid official in a speech at Liberty State Park in New Jersey, the same spot where former President Ronald Reagan kicked off his successful 1980 campaign. Continue Reading

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U.S. slaps further sanctions on Libyan entities

Posted on 21 June 2011

WASHINGTON, June 21 (Xinhua) — The United States on Tuesday moved to add more pressure on Libyan leader Muammar Gaddafi by imposing sanctions on more Libyan entities while lifting sanctions against a senior government official who broke with the leader.

In a series of actions, the Department of Treasury’s Office of Foreign Assets Control (OFAC) identified three foreign Libyan- owned banks and six additional companies subject to sanctions, and lifted sanctions against former Oil Minister Shukri Mohammed Ghanem, who defected last month. Continue Reading

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America Focus, America Focus, Health & Environment, Pool, Premium, U.S. News, United States, World Health

New cigarette health warnings

Posted on 21 June 2011

WASHINGTON June 21 (Tantao News)—The US Food and Drug Administration (FDA) announced today that beginning in September 2012, they will require larger, more prominent warnings, and extremely graphic images on all US cigarette packaging and advertisements. These warnings are considered to be a significant advancement in communicating the dangers of smoking.

These graphic images will cover more than half of the front and the back of each cigarette package and must also appear prominently in the upper portion of all cigarette advertising and occupy at least 20 percent of the advertising Continue Reading

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Pakistani army officer arrested over militant links

Posted on 21 June 2011

ISLAMABAD, June 21 (Xinhua) — A senior Pakistani army officer has been taken into custody for his alleged connections with a banned militant group, the army spokesman said Tuesday.

Brigadier Ali Khan had been serving at the army’s General Headquarters in Rawalpindi on a key position and was arrested in May, said army spokesman Major General Athar Abbas.

Earlier the BBC Urdu website quoted the army spokesman as saying that investigation into his links with an outlawed group is underway. The spokesman avoided giving more details saying it can affect the investigation. Continue Reading

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Summary of Asia-Pacific stocks news at 1100 GMT, June 21

Posted on 21 June 2011

SHANGHAI — China’s benchmark Shanghai Composite Index on the Shanghai Stock Exchange closed at 2,647.68 points on Tuesday, up 26.43 points, or 1.01 percent from the previous close.

Total turnover reached 74.11 billion yuan (about 11.4 billion U. S. dollars).


SHENZHEN — The Shenzhen Component Index on the Shenzhen Stock Exchange closed higher on Tuesday at 11,509.98 points, up 181.31 points, or 1.6 percent. Continue Reading

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Moody’s ups Brazilian credit rating

Posted on 21 June 2011

RIO DE JANEIRO, June 20 (Xinhua) — Moody’s on Monday lifted Brazil’s credit rating from Baa3, the lowest, to Baa2, indicating its confidence in the South American nation’s effort to curb economic overheating,

The decision was based on Brazil’s recent policy adjustments, which should help prevent economic overheating and result in a more sustainable macroeconomic scenario, the rating agency said in a statement.

The Brazilian government’s willingness to reverse its “expansionary policies” and adopt a more conservative stance appears to be more consistent with a sustainable growth path, it added. Continue Reading

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Exclusive: BYD’s new shares open to subscription ahead of Shenzhen IPO

Posted on 21 June 2011

BEIJING, June 21 (Xinhua) — Investors started on Tuesday to subscribe to new shares of BYD Co. Ltd., the Chinese car maker backed by U.S. billionaire investor Warren Buffett, after the company set its Shenzhen share offering price at 18 yuan (2.8 U.S. dollars) per share a day before.

The company, which already has shares listed in Hong Kong, planned to sell up to 79 million yuan-denominated shares, or A-shares, in an initial public offering (IPO) on the Shenzhen bourse, according to a statement filed with the Shenzhen Stock Exchange (SSE) late Monday. Continue Reading

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Major news items in leading British newspapers — June 21

Posted on 21 June 2011

LONDON, June 21 (Xinhua) — The following are major news items in leading British newspapers on Tuesday:

The Times:

— David Cameron vowed Monday to fight off any attempt to use British taxpayer’s money in a European bailout of Greece. Continue Reading

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