U.S. media report the head of Pakistan’s army, General Ashfaq Parvez Kayani, is fighting to save his post in the face of growing pressure from within the military to reduce ties with Washington following last month’s U.S. raid that killed al-Qaida leader Osama bin Laden. Articles in “The New York Times” and “The Washington Post” […]
Reports: Pakistan’s Army Chief Fights to Keep Job
Posted June 16th, 2011 at 4:30 pm (UTC-5)
Leave a comment
Oil Prices Post Slight Gains
Posted June 16th, 2011 at 4:20 pm (UTC-5)
Here are the prices of some key commodities traded in New York on Thursday: Crude oil prices rose 14 cents to close at $94.95 a barrel. Coffee futures fell almost 5 cents to finish at $2.58 per pound. Copper prices lost less than 1 cent to end at $4.12 a pound. Cocoa futures declined $73 […]
Oil Prices Post Slight Gains
Posted June 16th, 2011 at 3:45 pm (UTC-5)
Here are the prices of some key commodities traded in New York on Thursday: Crude oil prices rose 14 cents to close at $94.95 a barrel. Coffee futures fell almost 5 cents to finish at $2.58 per pound. Copper prices lost less than 1 cent to end at $4.12 a pound. Cocoa futures declined $73 […]
EU Official Expects Euro Zone to Agree on $17-Billion Loan for Greece
Posted June 16th, 2011 at 3:40 pm (UTC-5)
A senior European Union official says he expects the 17-nation eurozone to provide debt-ridden Greece with another $17 billion to prevent a Greek debt default that could further destabilize global financial markets. EU Economic Affairs Commissioner Olli Rehn said Thursday he is “confident” that eurozone finance ministers will agree to disburse the funds at a […]
US Lawmakers Press for Jet Sales to Taiwan
Posted June 16th, 2011 at 3:30 pm (UTC-5)
U.S. lawmakers are urging President Barack Obama to authorize the sale of F-16 fighter jets to Taiwan. Republican Representative Ileana Ros-Lehtinen said with over 1,600 missiles aimed across Taiwan Strait, the government needs the means to defend itself. Democratic Representative Howard Berman also urged the administration to provide Taiwan with the planes. He says the […]
Top British School, Hotel on Al-Qaida Target List
Posted June 16th, 2011 at 3:25 pm (UTC-5)
A top British school and London hotel were on a list of possible terrorist targets found on the body of a leading al-Qaida commander shot dead in Somalia. Fazul Abdullah Mohammed was shot and killed by security forces at a checkpoint near Mogadishu last week. He is believed to have played a key role in […]
NATO Pounds Tripoli Targets, Pressure Mounts on Gadhafi
Posted June 16th, 2011 at 3:15 pm (UTC-5)
NATO fighter jets pounded targets near Libyan leader Moammar Gadhafi’s Tripoli compound on Thursday while Russia and Italy led new diplomatic efforts to resolve Libya’s crisis. A series of thunderous booms rocked the capital city and a column of smoke could be seen rising from near Mr. Gadhafi’s Bab-al-Aziziya compound early Thursday. It was not […]
India Raises Interest Rates Again to Curb Inflation
Posted June 16th, 2011 at 3:05 pm (UTC-5)
India’s central bank has raised interest rates for the 10th time since March of last year in an effort to tame the country’s high inflation rate. The Reserve Bank of India, the country’s central bank, on Thursday increased the repurchase or repo rate, the interest charged by the federal bank on loans to commercial banks, […]
US Congressman Resigns In Internet Sex Scandal
Posted June 16th, 2011 at 2:40 pm (UTC-5)
U.S. Congressman Anthony Weiner is resigning from the House of Representatives after an Internet sex scandal. The married New York Democrat announced his decision to step down on Thursday, saying the “distraction” he had created had made it impossible to continue his work in Congress. He apologized for what he called “personal mistakes” and for […]
Syrian Forces Widen Assault in Northwest
Posted June 16th, 2011 at 2:40 pm (UTC-5)
Syrian rights activists say the country’s security forces are expanding their assault in the northwest region that for days has been under a military crackdown. The London-based Syrian Observatory for Human Rights said Thursday that the Syrian military used dozens of tanks, armored cars, personnel carriers and army trucks to begin an assault on Khan […]
