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White House Changes Military Condolence Letter Policy

Posted July 6th, 2011 at 4:40 pm (UTC-5)
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The White House has announced it is changing its policy on sending condolence letters to the families of military service members who commit suicide while deployed to a combat zone. U.S. President Barack Obama released a statement Wednesday saying he will begin sending condolence letters to those families, as well as to service members who […]

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US Stocks Close Higher

Posted July 6th, 2011 at 4:25 pm (UTC-5)
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U.S. stock market indexes were higher at closing Wednesday. The Dow Jones Industrial Average rose five-tenths of 1 percent to 12,626. The S&P 500 was up one-tenth of 1 percent to 1,339. The Nasdaq Composite index advanced three-tenths of 1 percent to 2,834. European stock markets were lower at the close of trading. London’s Financial […]

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White House Changes Military Condolence Letter Policy

Posted July 6th, 2011 at 3:55 pm (UTC-5)
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The White House has announced it is changing its policy on sending condolence letters to the families of military service members who commit suicide while deployed to a combat zone. U.S. President Barack Obama released a statement Wednesday saying he will begin sending condolence letters to those families, as well as to service members who […]

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Oil Prices Retreat

Posted July 6th, 2011 at 3:55 pm (UTC-5)
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Here are the prices of some key commodities traded in New York on Wednesday: Crude oil prices fell back 24 cents to close at $96.65 per barrel, spurred on by a stronger dollar and higher interest rates in China. Coffee futures lost 2 cents to finish at $2.67 per pound. Copper prices fell 1 cent […]

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US, Mexico Sign Cross-Border Trucking Agreement

Posted July 6th, 2011 at 3:50 pm (UTC-5)
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The United States and Mexico have signed agreements aimed at allowing Mexican truckers onto U.S. roads. U.S. Transportation Secretary Ray LaHood signed the deals Wednesday with officials in Mexico City. LaHood issued a statement describing the agreements as a win for roadway safety and a win for trade. The accords are designed to resolve the […]

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President Obama Hosts Twitter Discussion on Economy

Posted July 6th, 2011 at 3:15 pm (UTC-5)
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U.S. President Barack Obama says he takes responsibility for the fact that Americans may not have been prepared for how long it would take to recover from the financial crisis. The president spoke Wednesday at a “town hall” session featuring questions from users of the social networking site Twitter. In response to a question on […]

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Boeing Says India Needs 1,300 New Planes

Posted July 6th, 2011 at 3:10 pm (UTC-5)
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The world’s largest aerospace company says India will need more than 1,300 new passenger airplanes over the next two decades to meet the demands of the country’s growing economy. U.S. firm Boeing on Wednesday forecast that India’s commercial carriers will need 1,320 planes, worth $150 billion, through 2030. The head of Boeing in India, Dinesh […]

Tags: , , Posted in South Asia

Turkey Names New Cabinet

Posted July 6th, 2011 at 2:45 pm (UTC-5)
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Turkey has named a new Cabinet that includes a new ministry to oversee the country’s European Union bid. The 26-member Cabinet put together by Prime Minister Recep Tayyip Erdogan includes six new members. Turkey’s chief E.U. negotiator, Egemen Bagis, will head the European Union Ministry. Mr. Erdogan said the new government intends to dramatically reduce […]

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Pakistan Expresses ‘Serious Concern’ Over Cross-Border Attacks

Posted July 6th, 2011 at 2:45 pm (UTC-5)
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Pakistani Prime Minister Syed Yusuf Raza Gilani spoke to Afghan President Hamid Karzai by phone Wednesday to express “serious concern” regarding the activities of militants along the countries’ shared border. The conversation came hours after Pakistani officials said hundreds of militants crossed from Afghanistan and attacked several border villages in Pakistan’s northwest. The prime minister’s […]

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Rebels Seize 2 Villages Near Libyan Capital

Posted July 6th, 2011 at 2:45 pm (UTC-5)
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Libyan rebels have seized two small towns south of Tripoli following a six-hour gunbattle with forces loyal to leader Moammar Gadhafi. Rebels said Wednesday they had gained control of al-Qawalish and Kikla, which are both within 100 kilometers of the capital. The next larger town to the north is Garyan, which controls a main road […]

Tags: , , Posted in Middle East