Falling gas prices helped slow the U.S. inflation rate last month. Wednesday’s report from the Labor Department says overall consumer prices rose two-tenths of a percent in May, which is less than the prior month. The first drop in energy prices in nearly a year helped ease inflation. From a year earlier, consumer prices rose […]
Falling Gas Prices Slow Rise in US Consumer Costs
Oil Prices Plunge
Here are the prices of some key commodities traded in New York on Wednesday: Crude oil prices dropped nearly $5 to close at $94.81 a barrel. Coffee futures fell 7 cents to finish at $2.63 per pound. Copper prices lost 3 cents to end at $4.12 a pound. Cocoa futures declined $27 to $2,987 a […]
US Fires on Iraqi Insurgents
A U.S. military helicopter fired on suspected insurgents in the southern Iraqi city of Basra on Wednesday, killing one person. Officials say two other people were wounded in the strike, which took place after gunmen fired seven rockets at U.S. and Iraqi forces stationed at the city’s airport. Two days ago, a suicide bomber detonated […]
Sri Lanka Rejects War Crimes Allegations
Sri Lanka says it “categorically denies” allegations of war crimes committed by government troops and is questioning the validity of a new documentary purportedly showing such rights violations. The Sri Lanka High Commission in London Wednesday criticized Britain’s Channel 4 for using video supplied by Tamil Tiger rebels or pro-rebel groups in the documentary, “Sri […]
UN, Balkan Prosecutors Discuss Cooperation on War Crimes Cases
Prosecutors for the International Criminal Tribunal for the former Yugoslavia have met for the first time with counterparts from six Balkan nations to discuss working together on complex war crimes cases. Participants in Wednesday’s meeting in the Macedonian capital, Skopje, included 20 prosecutors from the judiciaries of Bosnia and Herzegovina, Croatia, Kosovo, Macedonia, Montenegro and […]
Oil Prices Fall
The price of crude oil dropped sharply Wednesday as traders worried that economic troubles in Europe, and some disappointing economic reports in the United States, might slow demand. In New York, the cost of a barrel of crude oil for future delivery fell more than $4, dropping below $95 a barrel for a while. The […]
Poll: Afghanistan Most Dangerous Country for Women
A new poll finds that Afghanistan is the most dangerous country in the world for women. The Thomas Reuters Foundation commissioned more than 200 experts who said Afghanistan tops the list due to the country’s high maternal mortality rates, lack of health care access and extreme poverty. According to the United Nations, Afghan women have […]
Thousands Flee Fighting in Burma
Thousands of people are fleeing deadly clashes between Burmese government forces and ethnic minority rebels near the country’s border with China. Rights groups say about 2,000 Burmese villagers have fled their homes, most of them crossing into China. However, reports say thousands of others attempting to enter China were rejected by Chinese border guards and […]
US Official: Karzai Planning to Step Down
Afghan President Hamid Karzai has told a top U.S. official he plans to step down when his current term ends in 2014. Outgoing U.S. Defense Secretary Robert Gates shared Mr. Karzai’s plans with a Senate panel Wednesday. Gates praised Mr. Karzai for pursuing a long-term relationship with the United States even though Washington has “often […]
Hundreds of Militants Attack Yemeni Town
Several hundred gunmen attacked the Yemeni town of Houta on Wednesday and briefly seized control of parts of the southern town as they fought with security forces. The armed group, which is suspected of including al-Qaida members, launched the attack before dawn. Witnesses and medics say two police officers were killed and at least three […]