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Joblessness, rising prices could spark wars: IMF boss

The world economy is beset by problems such as high unemployment and rising prices, which could fuel trade protectionism and even lead to war within nations, the head of the IMF warned yesterday.

Rising food and fuel prices in recent months have already hit poorer countries and are one of the factors behind massive anti-government protests in Egypt and in Tunisia.

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MND apologizes for wrongful execution

The Ministry of National Defense (MND) yesterday issued an official apology over what now appears to have been the wrongful execution of a soldier convicted of sexually abusing and murdering a five-year-old girl in 1996.

Amid calls by legislators for President Ma Ying-jeou (馬英九) and the military to account for the execution of Chiang Kuo-ching (江國慶) in 1997, the ministry said in the afternoon that it would fully cooperate with an investigation, adding that the military and judicial system had learned a lesson from this case and that more rigorous investigation mechanisms should be adopted to ensure the protection of human rights.

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Newsflash


Ned Price speaks to reporters at the US Department of State in Washington on July 7.
Photo courtesy of the US Department of State’s Asia Pacific Media Hub

Washington supports its European partners and allies as they develop mutually beneficial relations with Taiwan, the US Department of State said on Tuesday, adding that each country should be able to interpret its own “one China” policy.