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New Zealand PM in India to Push for Free Trade

Posted June 27th, 2011 at 4:40 pm (UTC-5)
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New Zealand Prime Minister John Key is in India for a three-day visit aimed at pushing for a free trade agreement between the two countries. Mr. Key, who is accompanied by a delegation of government officials and business leaders, arrived in New Delhi Sunday. He kicked off his trip with a visit to the famous […]

Tags: , , Posted in South Asia

US Stocks Close Higher, Dow Back Over 12,000

Posted June 27th, 2011 at 4:35 pm (UTC-5)
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U.S. stock market indexes were higher at closing Monday. The Dow Jones Industrial Average advanced nine-tenths of one percent , closing above 12,000 points once again at 12,044. The S&P 500 also climbed nine-tenths of a percent to end the day at 1,280. The Nasdaq Composite Index rose 1.3 percent to 2,688. European stock markets […]

Tags: , , , Posted in Economy

Oil Prices Close Lower

Posted June 27th, 2011 at 4:30 pm (UTC-5)
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Here are the prices of some key commodities traded in New York on Monday: Crude oil prices fell 55 cents to close at $90.61a barrel. Coffee futures rose 1 cent to finish at $2.50 per pound. Copper prices fell 5 cents to end at $4.05 a pound. Cocoa futures ended unchanged at $2,958 a ton. […]

Tags: Posted in Economy

France: Banks Agree to Give Greece More Time to Pay Loans

Posted June 27th, 2011 at 4:25 pm (UTC-5)
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French President Nicolas Sarkozy says French banks have agreed to help Greece overcome its debt crisis by stretching out most of their existing loans to the Greek government, which is trying to pass an austerity plan to avert bankruptcy. Speaking at a news conference Monday, Mr. Sarkozy said his government has persuaded the banks to […]

Tags: , , , Posted in Economy

Blagojevich Convicted of 17 Corruption Charges

Posted June 27th, 2011 at 4:15 pm (UTC-5)
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A U.S. jury has convicted former Illinois governor Rod Blagojevich of nearly all charges against him in his corruption retrial. Blagojevich said he was “stunned” by the verdict, which came Monday after several days of deliberations. He was found guilty of 17 of 20 counts, including trying to sell or trade the U.S. Senate seat […]

Tags: , Posted in US

British Teen Released on Bail in Hacking Case

Posted June 27th, 2011 at 4:00 pm (UTC-5)
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British teenage hacker Ryan Cleary was released on bail Monday after agreeing to obey a curfew, wear an electronic tag and not access the Internet. The teenager was arrested a week ago at his home in Wickford, England, on suspicion of having hacked into a national anti-crime agency and two other sites. He was detained […]

Tags: , Posted in Europe

China, Britain Sign $2.2 Billion Trade Deals

Posted June 27th, 2011 at 3:50 pm (UTC-5)
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Chinese Premier Wen Jiabao has traveled to Germany after wrapping up a three-day visit to Britain where he and British Prime Minister David Cameron signed trade deals worth $2.2 billion. At their Monday summit, both leaders expressed optimism about increasing bilateral trade with a goal of $100 billion by 2015. But they also voiced differences […]

Tags: , , , Posted in Europe

Top Women Ousted at Wimbledon

Posted June 27th, 2011 at 3:35 pm (UTC-5)
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Three top women tennis players have all been ousted in the fourth round at the Wimbledon championship in London, including two-time defending champion Serena Williams of the United States. After nearly one year on the sidelines with serious injury and health problems, the seventh-seeded Williams fell to ninth seed Marion Bartoli of France, 6-3, 7-6. […]

Tags: , Posted in US

Clinton Hails Passage of NY Gay Marriage Law

Posted June 27th, 2011 at 3:20 pm (UTC-5)
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US Secretary of State Hillary Clinton says recent legislation permitting gay marriage in New York state gives visibility and credibility to the struggle for gay rights around the world. At a state department event marking gay pride Tuesday, Clinton described the struggle for gay equality as one of the most urgent and important human rights […]

Tags: , , Posted in US

US Gives Failing Grades to 23 Countries in Human Trafficking Fight

Posted June 27th, 2011 at 3:05 pm (UTC-5)
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The United States has sharply increased, from 13 to 23, the number of nations said to be failing to meet international standards in the fight against human trafficking. Lebanon, Libya, Venezuela and several African countries are among the countries new to the list of the world’s worst offenders on the State Department’s annual report on […]

Tags: , , , Posted in US