U.S. President Barack Obama says it is only a “matter of time” before Libyan leader Moammar Gadhafi gives up power. Mr. Obama spoke Tuesday at the White House, alongside German Chancellor Angela Merkel. He said he and the German chancellor have been clear that Mr. Gadhafi must step down and hand power to the Libyan […]
Obama, Merkel Discuss Libya, Economy, Mideast Peace
Posted June 7th, 2011 at 1:50 pm (UTC-5)
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Bahrain’s Crown Prince in Washington to Meet Obama
Posted June 7th, 2011 at 1:50 pm (UTC-5)
U.S. President Barack Obama plans to meet the crown prince of Bahrain at the White House Tuesday. Although the visit is not on Mr. Obama’s official schedule, White House officials say the president will join an afternoon meeting between Crown Prince Salman bin Hamad bin al-Khalifa and National Security Advisor Tom Donilon. The crown prince […]
Obama: Confident Nation Will Avoid 2nd Recession
Posted June 7th, 2011 at 1:40 pm (UTC-5)
Investors and economists will be watching closely Tuesday as the head of the U.S. central bank assesses the economy and describes possible policy changes intended to boost growth and employment. In a speech Tuesday afternoon, Federal Reserve Chairman Ben Bernanke may reveal if the bank will make more efforts to cut long-term interest rates. The […]
Russian Court Refuses Khodorkovsky Parole Request
Posted June 7th, 2011 at 1:15 pm (UTC-5)
A Russian court has refused to consider the parole request of former oil tycoon Mikhail Khodorkovsky because it says his lawyers did not supply the necessary documents. Khodorkovsky and his business partner, Platon Lebedev, formally requested parole last week after serving more than half of their 13-year jail terms. But the court says no decision […]
Iranian President Slams FIFA For Headscarf Ban
Posted June 7th, 2011 at 1:15 pm (UTC-5)
Iranian President Mahmoud Ahmadinejad has called members football’s world governing body “dictators” for a headscarf ban that prevented Iran’s women’s football team from playing in an Olympic qualifier match. Mr. Ahmadinejad said Tuesday he has asked the country’s sports chief to follow up on the case with FIFA, the ruling body for international football . […]
US Stocks Rise
Posted June 7th, 2011 at 1:10 pm (UTC-5)
U.S. stock market indexes rose in Tuesday’s midday trading. The Dow Jones Industrial Average and the S&P 500 advanced half a percent while the NASDAQ gained three-tenths of a percent European stock markets were higher at the close of trading. London’s Financial Times 100 index gained less than one-tenth of a percent to finish at […]
Ukraine, Russia Open Gas Price Talks
Posted June 7th, 2011 at 1:05 pm (UTC-5)
Ukrainian Prime Minister Mykola Azarov says he hopes to find mutually beneficial solutions to the problem of Ukraine’s gas contracts during talks in Moscow Tuesday with Russian Prime Minister Vladimir Putin. At a meeting of the Ukrainian-Russian intergovernmental commission for economic cooperation, Mr. Azarov said his country believes the existing market-based agreement is unrealistic and […]
US: China Agrees to end Wind Power Subsidies
Posted June 7th, 2011 at 1:05 pm (UTC-5)
China has agreed to stop subsidizing domestic manufacturers of wind energy turbine components, after the United States filed a complaint with the World Trade Organization alleging the subsidies illegally shut out foreign competition. The U.S. challenge was filed in December, just weeks before a U.S. visit by China’s President Hu Jintao. The challenge accused Beijing […]
Obama, Merkel Discuss Libya, Economy, Mideast Peace
Posted June 7th, 2011 at 1:00 pm (UTC-5)
U.S. President Barack Obama says it is only a “matter of time” before Libyan leader Moammar Gadhafi gives up power. Mr. Obama spoke Tuesday at the White House, alongside German Chancellor Angela Merkel. He said he and the German chancellor have been clear that Mr. Gadhafi must step down and hand power to the Libyan […]
Explosions Rock Nigeria’s Volatile Borno State
Posted June 7th, 2011 at 12:40 pm (UTC-5)
Residents in Nigeria’s northeastern Borno state say three separate blasts shook the town of Maiduguru on Tuesday. Witnesses tell VOA the blasts struck two police stations and a government building in the state capital. They also reported hearing gunfire after the explosions. Authorities did not immediately name suspects in the attack. The radical Muslim sect […]
