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Burmese Pro-Democracy Party Asks Government to Discuss Warning

Posted June 29th, 2011 at 4:15 pm (UTC-5)
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The Burmese political movement headed by pro-democracy leader Aung San Suu Kyi is asking for a meeting with authorities to discuss a government order directing the organization to halt all political activities. The request came Wednesday, just hours after the Home Affairs Ministry warned the Nobel laureate in a letter that her National League for […]

Tags: , , , , , Posted in East Asia Pacific

US Stocks Rise

Posted June 29th, 2011 at 4:10 pm (UTC-5)
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U.S. stock market indexes rose in Wednesday’s trading. The Dow Jones Industrial Average advanced six-tenths of a percent to end at 12,262. The S&P 500 rose eight-tenths of a percent to reach 1,307 and the NASDAQ gained four-tenths of a percent to close at 2,740. European stock markets were higher at the close of trading. […]

Tags: , , , Posted in Economy

Italian Investigators Conclude DNA Evidence Is ‘Unreliable’ in Knox Murder Case

Posted June 29th, 2011 at 3:45 pm (UTC-5)
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Independent forensic investigators in Italy have concluded that much of the DNA evidence used to convict American student Amanda Knox and her co-defendant of the 2007 murder of her British roommate is unreliable and possibly contaminated. In a report Wednesday, the court-appointed experts said that DNA testing used against Knox and her former boyfriend, Raffaele […]

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Oil Prices Rise Sharply

Posted June 29th, 2011 at 3:40 pm (UTC-5)
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Here are the prices of some key commodities traded in New York on Wednesday: Crude oil prices gained more than $2 to close at $95.30 per barrel. Coffee futures rose 2 cents to finish at $2.60 per pound. Copper prices rose 13 cents to end at $4.22 a pound. Cocoa prices rose $96 to finish […]

Tags: Posted in Economy

Obama Calls on Lawmakers to ‘Seize This Moment,’ Tackle Debt

Posted June 29th, 2011 at 3:20 pm (UTC-5)
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U.S. President Barack Obama warns any failure to raise the government debt limit will have a “significant” and “unpredictable” impact on the nation’s struggling economy. During a news conference at the White House on Wednesday, Mr. Obama told reporters lawmakers in Congress must “seize this moment” and work together to prevent the U.S. from defaulting […]

Tags: , , , , Posted in US

NY Temple Conspirators Sentenced to 25 Years

Posted June 29th, 2011 at 3:00 pm (UTC-5)
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A New York federal court has sentenced three men to 25 years each in prison after being found guilty of plotting to blow up New York City synagogues and shoot down military planes. A judge imposed the sentence Wednesday against James Cromitie, David Williams, and Onta (ON-tay) Williams. The men were convicted last year of […]

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Obama: Greater Equality for Gays a ‘Good Thing’

Posted June 29th, 2011 at 3:00 pm (UTC-5)
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U.S. President Barack Obama says he thinks it is a “good thing” that the United States is moving in the direction of greater equality for homosexuals. At a news conference at the White House Wednesday, President Obama praised the legalization of gay marriage in the state of New York, but stopped short of endorsing same-sex […]

Tags: , , , , , Posted in US

President Obama Calls for Immigration Reform

Posted June 29th, 2011 at 2:25 pm (UTC-5)
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U.S. President Barack Obama has said the United States needs a pathway to legal status for some of the people who are in the country illegally. He made the remark while calling for comprehensive immigration reform during a news conference at the White House Wednesday. Mr. Obama said he was referring to young people who […]

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India’s PM Rejects ‘Lame-Duck’ Criticism

Posted June 29th, 2011 at 2:25 pm (UTC-5)
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Indian Prime Minister Manmohan Singh is rejecting criticism that he has become a “lame-duck” leader in the face of ongoing corruption scandals threatening to derail his government. Mr. Singh spoke with newspaper editors Wednesday. During the two-hour discussion, Mr. Singh said he accepts full responsibility for any actions his government has taken. The prime minister […]

Tags: , Posted in South Asia

Greek Parliament Approves Austerity Plan

Posted June 29th, 2011 at 2:20 pm (UTC-5)
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The Greek parliament has approved the first step in sweeping new austerity measures aimed at securing international financing for the debt-ridden nation. Socialist Prime Minister George Papandreou won passage Wednesday of his $40 billion plan to increase taxes, cut spending and sell state-owned assets. The plan was approved on a 155-to-138 vote, a wider than […]

Tags: , , , Posted in Europe