April 27, 2006
(Thursday)
- The Scottish National Party wins the Moray by-election, 2006 for the Moray constituency to the Scottish Parliament. (BBC)
- The Government of Chad and the World Bank end a four-month-long dispute over allocation of Chadian petroleum funds. The World Bank will allow Chad to spend more of its oil revenue on its military in exchange for a resumption of oil output through the Chad-Cameroon pipeline. (New York Times)
- Construction begins on the Freedom Tower in New York City breaking a deadlock between the Port Authority of New York and New Jersey, which owns the site, and private developer Larry Silverstein. The 1,776-foot tower is the centerpiece of the rebuilding effort for the World Trade Center, which was destroyed in the September 11, 2001, attacks. (BBC)
- Nepal Civil War: Maoist insurgents in Nepal, responding to a demand by the newly appointed prime minister Girija Prasad Koirala, announce a unilateral three-month truce. Kathmandu gradually resumes normality after weeks of pro-democracy protests. (BBC), (VoA)
- The head of the London Stock Exchange publicly warned the president of Russia, Vladimir Putin, that his recent decision to bar the head of a large equity fund from that country could send "a very negative signal" to the world's equity markets. (Guardian)
- In Israel, the centrist Kadima party forms a coalition government with the left-leaning Labor party. (CBC), (Reuters)
- The Metro Rail project for Bangalore City (India) has been cleared and work on the project will begin soon. The implementation of this project aims at decongesting the traffic and streamlining the public transport system in the city. Bangalore, also known as the Silicon Valley of India, is one of the most congested cities in India.