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European Stocks Lower in Midday Trading

Posted June 16th, 2011 at 7:45 am (UTC-5)
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European stock prices are lower in midday trading Thursday. London’s Financial Times index is down one and one-quarter percent. The CAC-40 in Paris is down over one percent, and trading on the DAX index in Frankfurt is down over three-quarters of one percent. In New York, the S&P futures contract is down three points, indicating […]

Tags: , , , Posted in Economy

Roadside Bomb Kills 4 in Southern Afghanistan

Posted June 16th, 2011 at 7:35 am (UTC-5)
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A roadside bomb has killed three women and one man in southern Afghanistan. Provincial officials say a tractor carrying the civilians drove over the bomb in the Maruf district of Kandahar province late Wednesday. The blast wounded three other people. The United Nations mission in Afghanistan said last week that May was the deadliest month […]

Tags: , , , Posted in South Asia

Blast Hits Nigeria Police Headquarters

Posted June 16th, 2011 at 7:10 am (UTC-5)
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A powerful bomb blast has struck the police headquarters in Nigeria’s capital, Abuja. Witnesses say Thursday’s blast sent a plume of black smoke rising over the area. Fire engines and ambulances have rushed to the scene, and authorities have cordoned off roads leading to the attack site. Initial reports suggest the bomb came from the […]

Tags: , Posted in Africa

Sudanese Leader Charged with War Crimes to Visit China

Posted June 16th, 2011 at 7:05 am (UTC-5)
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China’s foreign ministry says Sudanese President Omar al-Bashir will visit Beijing later this month, despite being wanted by the International Criminal Court on war crimes charges. Ministry spokesman Hong Lei told reporters in Beijing Thursday that Mr. Bashir will begin a four-day visit to China on June 27. He said Mr. Bashir and Chinese President […]

Tags: , , Posted in East Asia Pacific

Asia Markets Close Lower

Posted June 16th, 2011 at 7:05 am (UTC-5)
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Major Asian stock markets closed lower Thursday. Tokyo’s Nikkei index plunged nearly one and three-quarters percent to finish at 9,411. Hong Kong’s Hang Seng index lost one and three-quarters percent to finish the day’s trading at 21,953. Share prices were also lower in Bangkok, Jakarta, Kuala Lumpur, Manila, Mumbai, Seoul, Shanghai, Singapore, Sydney, Taipei and […]

Tags: , Posted in Economy

Greek Lawmakers Abandon Ruling Party Over Economic Policy

Posted June 16th, 2011 at 6:55 am (UTC-5)
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Greek Prime Minister George Papandreou says he plans to form a new government Thursday to help push forward austerity measures tied to an international bailout. Mr. Papandreou says he will then ask for a vote of confidence in parliament, after coalition talks with the opposition fell apart. Mr. Papandreou made his announcement on television Wednesday […]

Tags: , , , Posted in Economy, Europe

Boeing Raises Aircraft Production Forecast

Posted June 16th, 2011 at 6:50 am (UTC-5)
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Boeing Corporation is raising its forecast for aircraft demand over the next two decades. Boeing says airlines will need $4 trillion in new planes over the next 20 years. The long-range forecast anticipates the delivery of 33,500 new planes by 2030. The plane-maker says it raised forecasts after passenger air traffic rose eight percent in […]

Tags: , Posted in Economy, US

Afghan Militants Attack Pakistani Village

Posted June 16th, 2011 at 6:30 am (UTC-5)
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Pakistani officials say hundreds of militants have crossed into the country from Afghanistan and attacked a village, killing at least five people with automatic rifles. Officials say the militants also fired rocket-propelled grenades in the attack on the village in the tribal region of Bajur. Pakistani troops responded to the violence and several hours of […]

Tags: , , , Posted in South Asia

Air Canada Strike Forces Delays

Posted June 16th, 2011 at 6:30 am (UTC-5)
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The union representing striking Air Canada sales and customer service agents said Wednesday it is determined to reach a contract agreement with the airline before the Canadian government forces employees back to work. Labor Minister Lisa Raitt issued a warning Tuesday to the striking employees that she will introduce back to work legislation. The bill […]

Tags: , , Posted in Americas

Zawahri: From a Life of Comfort to Hunted Terrorist

Posted June 16th, 2011 at 6:25 am (UTC-5)
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Ayman al-Zawahri, the new leader of the al-Qaida terror network, was born into a life of comfort in Egypt but shaped by life experiences into a feared radical Islamic terrorist. He is a surgeon by training but an ideological firebrand by choice. Now he is replacing Osama bin Laden, who was killed last month by […]

Tags: , Posted in Middle East