British police have made another arrest in connection with the phone-hacking scandal at the now-defunct News of the World newspaper. London police arrested 61-year-old Greg Miskiw, a former senior editor at the weekly tabloid, on suspicion of conspiracy to intercept communications. He is the 12th person arrested in the scandal since January. Miskiw, who had […]
British Police Make 12th Arrest in Phone-Hacking Scandal
Posted August 10th, 2011 at 2:00 pm (UTC-5)
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12 Killed in Syria; International Community Denounces Violence
Posted August 10th, 2011 at 1:45 pm (UTC-5)
At least 12 people were killed in Syria on Wednesday as the government widened its crackdown, in spite of mounting international pressure. Rights groups say at least 11 people were killed on Wednesday after security forces moved into the central city of Homs. They also say at least one civilian was killed and three others […]
Gold Prices Go Above $1,800 an Ounce
Posted August 10th, 2011 at 1:45 pm (UTC-5)
The price of gold roared to a new record-high in Wednesday’s trading, going as high as $1,801 per ounce in New York trading. Prices gained more than $50 as stock market prices plunged in Europe and the United States. Prices eased downward in later trading. Gold is a traditional place for investors to put their […]
European, US Stocks Plunge Sharply on Wednesday
Posted August 10th, 2011 at 1:40 pm (UTC-5)
European and U.S. stock indexes retreated sharply Wednesday, giving back big gains from the day before. In afternoon trading in the U.S., the Dow Jones Industrial Average was off 3.3 percent, with the broader S&P 500 down 3.1 percent. The NASDAQ fell 2.9 percent. European stock indexes ended lower on continued worries about the debt […]
Rating Agencies Affirm France’s AAA Credit
Posted August 10th, 2011 at 1:20 pm (UTC-5)
The three major credit rating agencies have affirmed France’s AAA rating even as the country’s borrowing costs are increasing. Standard & Poor’s, Moody’s Investors Service and Fitch Ratings all said Wednesday they are maintaining the country’s top credit standing. The statements by the credit rating agencies came as worries mounted that France could be the […]
Russia Grounds Antonov-12 Planes After Fatal Crash
Posted August 10th, 2011 at 1:10 pm (UTC-5)
Russia has temporarily grounded its Antonov-12 cargo planes, one day after engine failure caused one of the planes to crash, killing all 11 people onboard. Transport Ministry officials said Wednesday the ban on the Antonov-12s will continue until measures are taken to bring the Soviet-era planes into line with current safety standards. The plane was […]
Airstrike Kills Afghan Taliban Militants Who Downed Helicopter
Posted August 10th, 2011 at 1:05 pm (UTC-5)
The commander of U.S. and NATO forces in Afghanistan says an airstrike has killed the militants responsible for last week’s helicopter crash that killed 38 Americans and Afghans. Insurgents shot down the Chinook helicopter in the central Afghan province of Wardak on Saturday. Thirty American troops, including members of the elite Navy SEALS, were killed […]
U.S. Lawmakers Announce Budget Committee Choices
Posted August 10th, 2011 at 1:00 pm (UTC-5)
Leaders of the U.S. Senate and House of Representatives have named nine of the 12 members of a committee that will be expected to find up to $1.5 trillion in savings to reduce the nation’s deficit. Senate Majority Leader Harry Reid, a Democrat, announced Wednesday that his picks for the panel are Democratic Senators Patty […]
Afghan President Says Election Commission Will Resolve Poll Dispute
Posted August 10th, 2011 at 12:50 pm (UTC-5)
Afghan President Hamid Karzai has issued a decree giving the country’s Independent Election Commission the final say in election results. The decision Wednesday is the latest attempt to resolve an impasse that has gripped the Afghan parliament since its inauguration in January. A special Afghan court set up by Mr. Karzai disqualified 62 lawmakers – […]
Japanese PM Reaffirms Promise to Resign
Posted August 10th, 2011 at 12:25 pm (UTC-5)
Japanese Prime Minister Naoto Kan has reaffirmed his decision to leave office after parliament passes two key bills later this month addressing the financial and energy crises following the country’s devastating March 11 earthquake and tsunami. Mr. Kan, speaking Wednesday, told lawmakers he will make good on his promises to resign as soon the legislation […]
