U.S. President Barack Obama called his Pakistani counterpart, Asif Ali Zardari, Wednesday to discuss strained bilateral relations and the situation in the region. A Pakistani statement says the two leaders agreed to take appropriate action to repair the ties between Washington and Islamabad on the basis of mutual respect and mutual benefit. It says President […]
Obama, Zardari Discuss Strained US-Pakistani Ties
Posted June 22nd, 2011 at 5:00 pm (UTC-5)
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Oil Prices Rise
Posted June 22nd, 2011 at 4:25 pm (UTC-5)
Here are the prices of some key commodities traded in New York on Wednesday: Crude oil prices rose more than $1 to close at $95.41 a barrel. Coffee futures rose a fraction of a cent to finish at $2.44 per pound. Copper prices edged up a fraction of a cent to end at $4.09 a […]
Neapolitans Vent Anger Over Trash Problem
Posted June 22nd, 2011 at 4:20 pm (UTC-5)
Residents of the Italian port city of Naples have vented their frustration with the city’s perpetual trash disposal problem by dumping uncollected refuse in central streets. Angry citizens used tarps to drag rubbish off side roads and alleys and dump it in main streets overnight. Huge piles of garbage blocked the traffic in Naples Wednesday […]
US Stocks Fall
Posted June 22nd, 2011 at 4:20 pm (UTC-5)
U.S. stock market indexes declined in Wednesday’s trading. The Dow Jones Industrial Average dropped seven-tenths of a percent to end at 12,110. The S&P 500 fell seven-tenths of a percent to finish at 1,287, and the NASDAQ composite index dropped seven-tenths of a percent to close at 2,669. European stock markets were down at the […]
Neapolitans Vent Anger Over Trash Problem
Posted June 22nd, 2011 at 4:15 pm (UTC-5)
Residents of the Italian port city of Naples have vented their frustration with the city’s perpetual trash disposal problem by dumping uncollected refuse in central streets. Angry citizens used tarps to drag rubbish off side roads and alleys and dump it in main streets overnight. Huge piles of garbage blocked the traffic in Naples Tuesday […]
Bahraini Court Hands Life Sentences to 8 Shi’ite Opposition Activists
Posted June 22nd, 2011 at 4:15 pm (UTC-5)
A special court in Bahrain has sentenced eight Shi’ite opposition activists to life in prison for plotting to overthrow the minority Sunni-led government during a protest movement earlier this year. The activists handed life terms on Wednesday include the head of the Shi’ite opposition Haq party, Hassan Mushaima, Haq member Abdul Jalil Singace and the […]
Obama to Announce Plans for Afghanistan Withdrawal
Posted June 22nd, 2011 at 4:10 pm (UTC-5)
President Barack Obama addresses the nation Wednesday to announce his plan for drawing down U.S. forces in Afghanistan, nearly a decade after the war began. Defense officials have been quoted as saying that Mr. Obama will call for an initial withdrawal of about 10 percent of the U.S. forces in Afghanistan — with 5,000 troops […]
Fed: US Economy Growing More Slowly Than Expected
Posted June 22nd, 2011 at 4:05 pm (UTC-5)
The head of the U.S. central bank says the economy is growing more slowly than expected. U.S. Federal Reserve Chairman Ben Bernanke Wednesday that the slower growth is due to temporary problems such as the disruptions caused by Japan’s earthquake and an increase in gasoline prices. The Fed’s experts now expect around 2.8 percent growth […]
Oil Prices Rise
Posted June 22nd, 2011 at 4:05 pm (UTC-5)
Here are the prices of some key commodities traded in New York on Wednesday: Crude oil prices rose more than $1 to close at $95.41 a barrel. Coffee futures rose a fraction of a cent to finish at $2.44 per pound. Copper prices edged up a fraction of a cent to end at $4.09 a […]
Owner of Gulf of Mexico Rig Sues BP for Oil Disaster
Posted June 22nd, 2011 at 3:50 pm (UTC-5)
The owner of the rig that exploded last year in the Gulf of Mexico has blamed oil company BP for the disaster, which killed 11 people and triggered a massive oil spill. In a report released Wednesday, Transocean said the disaster was related to a series of well design, construction and temporary abandonment decisions that […]
