‘No question’ of Chad arresting Sudan President Bashir

July 21, 2010 Politics No Comments

Omar al-Bashir was greeted warmly by his Chadian counterpart in Ndjamena

Chad’s government has said there can be no question of the Sudanese President, Omar al-Bashir, being arrested during his current visit to the country.

The International Criminal Court (ICC) has said Mr Bashir should be detained on charges of genocide and war crimes.

Chad recognises the ICC, but a minister insisted that it was a sovereign state which did not depend on the injunctions of international organisations.

Mr Bashir, who denies the charges, is attending a meeting of a regional bloc.

It is the first time he has set foot in a country which is an ICC member since he was first indicted in 2009.

The charges relate to the conflict in the western Sudanese region of Darfur, which the UN estimates has cost the lives of 300,000 people and displaced a further 2.7 million.
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Baidu profit doubles in record quarter

July 21, 2010 Business No Comments

NEW YORK (CNNMoney.com) — While Google struggles with the Chinese market, local search giant Baidu is soaring to new heights. Baidu said Wednesday that its earnings doubled in the most recent quarter as its sales hit a record high.

Baidu reported net income of 837.4 million yuan ($123.6 million) for the quarter ended June 30, up 119% from a year earlier. Sales rose 74% to 1.9 billion yuan ($282.3 million).

Investors are taking note: Baidu now has a market capitalization of $25.5 billion — comfortably ahead of Yahoo (YHOO, Fortune 500) and edging close to eBay (EBAY, Fortune 500).

Baidu (BIDU) split its stock 10 to 1 in May, just weeks after the company said that its profit had more than doubled since January. That’s when rival Google (GOOG, Fortune 500) first announced that it was considering leaving China. In March, Google moved its servers out of mainland China and said it would stop censoring its search results in the country.
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