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Greece can breathe a sigh of relief. On April 11, the 16 members of the European Union that use the euro agreed to lend $40 billion to the struggling nation. Under the long-awaited financial-rescue plan, Greece, which is $400 billion in debt, would be able to borrow at interest rates of about 5%, significantly lower than commercial market rates, which have been higher than 7%. The International Monetary Fund is expected to offer an additional $20 billion. Greece did not immediately accept the E.U.'s overture, saying it would wait to see if the pledge alone was enough...
...April 13 ousted leader Kurmanbek Bakiyev said he would formally resign if leaders of the coup that removed him from power guaranteed safety for him and his family. But the nation's interim government said Bakiyev, who fled the capital on April 7, must either face trial or go into exile alone and leave behind family members who served in his regime. The highly unstable Central Asian country is home to an airbase that serves as a main transit point for U.S. troops and supplies into Afghanistan...
Lawmakers have passed what could be the nation's strictest law against illegal immigrants, making it a crime to fail to have proper documentation. If signed by Governor Jan Brewer, the bill will also empower police to stop a person merely on reasonable suspicion that he or she is in the U.S. illegally--a departure from current law, which holds that police can inquire about someone's immigration status only if that person is already suspected of another offense...
Votes were cast in Sudan's first multiparty elections since 1986, held in accordance with a 2005 peace agreement that ended the nation's 22-year civil war. The landmark occasion was tainted, however, by accusations of vote rigging by supporters of President (and accused war criminal) Omar al-Bashir, leading many opposition parties to drop out of the race...
About 25 Abu Sayyaf militants disguised as troops and police officers perpetrated a series of attacks in Isabela City, located on one of the nation's southern islands. The attackers, who are seeking an independent Muslim state, detonated bombs and opened fire in what one official called "a Mumbai-style attack." Fourteen died in the assault. On April 14 a gun battle erupted between government troops and 60 rebels as police searched for those responsible for the strike...