Tunisia to Try Former Leader, Wife

Posted June 3rd, 2011 at 5:05 pm (UTC-5)
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Tunisia's justice ministry spokesman says the country's ousted leader and his wife will soon be tried in absentia.

Kadhem Zine El Abidine said Friday he expects the trial of former President Zine El Abidine Ben Ali, and his wife, Leila Trabelsi, to begin before the end of the month.

The couple fled to Saudi Arabia after a popular uprising forced Mr. Ben Ali's downfall January 14 after 23 years of rule.

Mr. Ben Ali and his family are facing dozens of charges, stemming from the discovery at the presidential palace of drugs, weapons and $27 million in cash.

They are also accused of money laundering and murder.

Burkina Faso Troops Sent to Quell Unrest by Soldiers

Posted June 3rd, 2011 at 4:50 pm (UTC-5)
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Burkina Faso's military says it has put down a mutiny in the country's commercial capital, where unruly troops spent several days looting and shooting into the air.

Witnesses in the southwestern city of Bobo Dioulasso say troops arrived in the city Friday morning. They say the town's siren sounded early in the day signaling residents to stay indoors and said after that they could hear the sound of heavy fighting.

Witnesses also say forces surrounded the Ouezzin Coulibaly military camp where hundreds of soldiers who staged the protests are based.

Military officials say they now have control of the camp, but are still searching for some mutinous soldiers who have fled.

Witnesses in the city say the mutinous soldiers rampaged through the town for several days, looting shops. Merchants then retaliated by ransacking local government offices.

The West African nation has seen a string of protests in recent months by soldiers, police, teachers and students. Until now, most of those demonstrations have taken place in the capital, Ouagadougou.

The unrest began in February with protests against rising food prices, crime and slow government reform.

The protests mark the most significant uprising to date against the government of President Blaise Compaore, who has ruled the nation for nearly 25 years.

Mr. Compaore seized power in a 1987 coup and was re-elected to another term last November.

Crude Oil Prices Fall

Posted June 3rd, 2011 at 4:25 pm (UTC-5)
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Here are the prices of some key commodities traded in New York on Friday:

Crude oil prices fell 18 cents to settle at $100.22 per barrel.

Coffee futures rose 10 cents to end at $2.71 a pound.

Copper prices gained 5 cents to close at $4.13 per pound.

Cocoa futures fell $26 to finish the day's trading at $2,787 a ton.

In Chicago trading, the price of wheat rose 4 cents to end at $774 a bushel.

Rice prices lost 10 cents to close at $14.48 per hundredweight.

US Stocks Fall

Posted June 3rd, 2011 at 4:20 pm (UTC-5)
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U.S. stock market indexes fell in Friday's trading after some disappointing economic reports. The Dow Jones Industrial Average dropped eight-tenths of a percent to close at 12,151. The S&P was off one percent to finish at 1,300 while the NASDAQ slid 1.5 percent to hit 2,733.

European stock markets were up at the close of trading. London's Financial Times 100 index gained one-tenth of a percent to end at 5,855. The CAC-40 in Paris edged up less than one-tenth of a percent to finish at 3,891 while the DAX in Frankfurt moved up half a percent to hit 7,109.

Earlier in Asia, Tokyo's Nikkei index lost two-thirds of a percent , to close at 9,492. Hong Kong's Hang Seng index dropped 1.3 percent , to end at 22,950.

The price of gold rose more than $7 to trade at $1,541.35 an ounce.

The dollar was lower against the yen and the euro.

Federer Halts Djokovic Streak at French Open

Posted June 3rd, 2011 at 4:20 pm (UTC-5)
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Former world number one tennis player Roger Federer of Switzerland has stopped the 2011 unbeaten run of Serbia's Novak Djokovic with a thrilling semifinal win at the French Open in Paris.

Federer won Friday's match in four tightly played sets featuring two tiebreakers, 7-6, 6-3, 3-6, 7-6.

The defeat left Djokovic one win short of matching American legend John McEnroe's 1984 record of a 42-match unbeaten start to a season. It stopped the number-two Serb's overall winning streak of 43 matches dating from last year.

The third-ranked Federer, who won the French Open in 2009, will take on number-one Rafael Nadal of Spain in Sunday's final. The five-time champion Nadal won his semifinal earlier Friday over number-four Andy Murray of Britain in straight sets, 6-4, 7-5, 6-4.

The women's French Open final is set for Saturday, with China's Li Na taking on defending champion Francesca Schiavone of Italy. The two have split their four previous head-to-head meetings.

Champagne Fetches Record $44,000 at Auction

Posted June 3rd, 2011 at 4:15 pm (UTC-5)
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A bottle of Veuve Clicquot salvaged from a 19th century shipwreck in the Baltic Sea set a world record for champagne Friday when it sold for almost $44,000 at an auction.

An unidentified Internet bidder from Singapore paid the record price, and purchased a bottle of Juglar champagne for around $35,000. The two bottles were part of a group of 145 bottles found intact in the wrecked ship.

Experts have not been able to precisely date the champagne, but believe it was produced early in the 19th century.

The auction was held in Mariehamn, the capital city of Aland, a Finnish archipelago located between Finland and Sweden. The beverage cache belongs to Aland, which plans to use the proceeds to fund Baltic Sea environmental works.

Former US Presidential Candidate Edwards Indicted

Posted June 3rd, 2011 at 4:10 pm (UTC-5)
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Former U.S. senator and presidential candidate John Edwards has been indicted on charges he violated campaign finance laws by using political donations to hide an extramarital affair.

The indictment was filed Friday in Edwards' home state of North Carolina. He was charged on six counts — one count of conspiracy, four counts of illegal campaign contributions and one count of false statements.

The U.S. Justice Department says Edwards accepted more than $900,000 in an effort to conceal facts from the public that he believed would harm his 2008 White House bid.

Edwards, a Democrat, appeared in a U.S. District Court Friday in Winston Salem, North Carolina. He pleaded not guilty and was allowed to leave without posting bail.

In a brief press appearance later, Edwards said there is no question he has done wrong. But he said he did not break the law and never thought he was breaking the law.

If convicted, he faces a maximum of five years in prison and a $250,000 fine on each of the six counts.

The indictment claims Edwards knew the public revelation of the extramarital affair and resulting pregnancy would undermine his image and force his campaign to divert resources to respond to criticism and media scrutiny.

The case centers on money paid to Edwards' mistress, Rielle Hunter, and a former aide, Andrew Young, who previously claimed paternity of the politician's daughter with Hunter.

The money came from two wealthy supporters, and prosecutors say the funds should have been reported as campaign donations. But Edwards' lawyers say the money constituted gifts intended to keep the affair secret from Edwards' wife, Elizabeth, who died last year after a long battle with cancer.

The 58-year-old Edwards resides in North Carolina and was elected to the U.S. Senate from that state in 1998.

Pakistan, US to Resume Joint Intelligence Operations

Posted June 3rd, 2011 at 4:10 pm (UTC-5)
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Pakistan's foreign ministry has confirmed that Pakistan and the United States will resume joint intelligence operations against Islamist militants, in a step toward mending strained relations between the two countries.

Foreign Ministry Spokeswoman Tehmina Janjua said Friday U.S. and Pakistani teams will share intelligence, but she would not comment on whether U.S. forces would be allowed to conduct joint operations on Pakistani soil.

Relations between the United States and Pakistan have hit a low point following the U.S. military raid in the Pakistani city of Abbottabad that killed al-Qaida leader Osama bin Laden on May 2. Pakistani leaders have warned against any future unilateral actions, calling the operation a violation of the country's sovereignty.

Ties were already strained before the al-Qaida leader's death, following a series of U.S. drone strikes against militants in Pakistan's northwest and the detention of a CIA contractor who shot and killed two Pakistanis in Lahore in January.

Also Friday, Pakistan intelligence officials said a volley of American drone-fired missiles hit three compounds in a northwestern insurgent stronghold, killing at least four people.

Elsewhere, the Pakistani Taliban has claimed responsibility for a deadly cross-border attack on a security checkpoint near Pakistan's northwestern Dir tribal area. The government says up to 400 militants had swarmed the area.

Fierce fighting between Afghan-based militants and Pakistani forces began Wednesday and is blamed for the deaths of at least 65 people.

On Friday, Pakistani officials said the military used artillery and helicopter gunships to force back a second wave of insurgents who crossed over from Afghanistan.

The officials said Friday's counterattack had the militants on the run. They did not give any information on possible casualties.

Taliban and al-Qaida linked militants have strongholds on both sides of the porous Afghan-Pakistani border.

The fighting comes as a top Pakistani army commander said the military has no plans to launch an offensive against Taliban and al-Qaida-linked militants in the North Waziristan tribal region.

Lieutenant General Asif Yasin Malik refuted media reports earlier this week that said the military was planning such an operation at the request of the United States. He said Pakistan will undertake that type of offensive when it is in the country's national interest.

Militants have launched a number of attacks against Pakistani security forces following the May 2 killing of al-Qaida leader Osama bin Laden.

Crude Oil Prices Fall

Posted June 3rd, 2011 at 4:10 pm (UTC-5)
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Here are the prices of some key commodities traded in New York on Friday:

Crude oil prices fell 18 cents to settle at $100.22 per barrel.

Coffee futures rose 10 cents to end at $2.71 a pound.

Copper prices gained 5 cents to close at $4.13 per pound.

Cocoa futures fell $26 to finish the day's trading at $2,787 a ton.

Yemen’s President Blames ‘Gang’ for Attack

Posted June 3rd, 2011 at 4:00 pm (UTC-5)
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Yemeni President Ali Abdullah Saleh has blamed a “gang of outlaws” for a rocket attack on Friday that killed seven people and left him wounded.

Yemeni state television broadcast his audio message late Friday, hours after rockets hit his presidential compound in the capital, Sana'a.

Mr. Saleh said that he was well and in “good health.” However, he said seven people were killed in the incident. Earlier, state news reports said three guards were killed and the imam had been wounded.

Western media accounts quoted an opposition report saying that Mr. Saleh and other officials were attending prayers at a mosque in the compound at the time of the attack.

The White House strongly condemned the surge in violence in Yemen. Also, the U.S. State Department released a statement that called for an immediate end to hostilities and fulfillment of an Arab Gulf peace plan that calls for Mr. Saleh's departure.

Residents in the capital remained barricaded behind closed doors as fighting raged in Sana'a after dusk on Friday.

Earlier, clashes between President Saleh's forces and loyalists to an opposition tribal leader, Sheik Sadeq al-Ahmar, escalated with the destruction of the headquarters of an opposition TV station in Sana'a.

Reports said fighting in the capital had expanded into new neighborhoods, and opposition tribesmen were traveling to Sana'a to take part in the fighting. Government forces reportedly shelled al-Ahmar's tribal headquarters after the mosque attack.

The rising chaos is reportedly pushing the conflict closer to all-out civil war. Government troops are said to have killed 50 opposition members in fighting this week.

Yemen is engulfed by multiple conflicts, with street battles raging in Sana'a, popular unrest by anti-government demonstrators throughout the country and fighting against Islamist militants who have seized the southern city of Zinjibar.

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