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International News on October 6, 2012


  • The Gasoline price in California hit the highest in four years on Saturday. The price for a gallon of regular unleaded is $4.655 compared to the previous high of $4.6096 on 19 June 2008.
  • Bill O'Reilly and Jon Stewart faced off in a mock humorous debate "Rumble in the Air Conditioned Auditorum" Saturday night. The mock debate was held in high spirits in front of a sold out crowd of 1,500 on the campus of The George Washington University.
  • Philippine President Benigno Aquino announced that the Philippine government and Muslim rebels agreed a deal to end the conflict between them. The agreement begins with a roadmap to create a new autonomous region before the end of Aquino's term in 2016. The agreement will also put an end to a 40-year conflict that has killed more than 120,000 people.
  • The United States has agreed to allow South Korea to extend their range and payload of its ballistic missiles. Until now, South Korea has been barred from deploying ballistic missiles with a range of more than 300 km.
  • Syrian soldiers have clashed with two armed groups who infiltrated from Lebanon. The clashes took place in the suburbs of Homs, near the border. The Syrian forces chased the armed groups back into Lebanon.
  • The Israeli air force shot down an Unmanned Aerial Vehicle (UAV) after it entered into southern Israel. The origins of the drone is unclear. Military spokeswoman Avital Leibovich said, "We are not certain at this point where is the origin of this UAV. However, we are witnessing lately in the region a very big and thriving industry for UAV's and of course we are following those attempts closely,"

  • Polaris to implement Intellect Quantum Core Banking Solution in National Bank of Ethiopia
    Polaris Financial Technology Ltd (POLS.BO), a leading global Financial Technology Company, today announced that National Bank of Ethiopia, an important Central Bank in the African continent, has chosen to implement Polaris’ next-generation IntellectTM Quantum Core Banking Solution (CBS) for Central Banks Business Wire India

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