Showing Archived Posts

Chile Strike Halts World’s Largest Copper Producer

Posted July 11th, 2011 at 2:45 pm (UTC-5)
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Unionized workers at Chile’s Codelco, the world’s largest copper producer, have begun a 24-hour strike in a dispute with the government over the future of the company. The workers walked off the job Monday over modernization plans that union officials say will lead to huge job losses and possible privatization of some of the company’s […]

Tags: , , , , Posted in Americas

New Allegations in Britain’s Phone-Hacking Scandal

Posted July 11th, 2011 at 2:35 pm (UTC-5)
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Media coverage of Britain’s phone-hacking scandal is reaching a frenzied level. News reports allege Queen Elizabeth and former prime minister Gordon Brown were targeted by media companies owned by Rupert Murdoch. British news reports Monday said police officers betrayed members of the royal family to the News of The World tabloid, and Brown had his […]

Tags: , , Posted in Europe

Suicide Bomber Targets Political Rally in NW Pakistan

Posted July 11th, 2011 at 2:25 pm (UTC-5)
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A suicide bomber has killed seven people at a political rally in northwest Pakistan. Monday’s attack in the Batgram district of Khyber-Pakhtunkhwa province took place before a senior member of the Pakistan Muslim League-Q party was scheduled to speak at the gathering. The politician, Ameer Muqam, had not yet arrived at the venue. The blast […]

Tags: , , , Posted in South Asia

Labor Strike at Indonesian Mining Giant to End

Posted July 11th, 2011 at 2:25 pm (UTC-5)
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Officials at a giant U.S.-owned gold and copper mine in Indonesia’s Papua province say they have reached a deal to end a weeklong labor strike. Freeport McMorRan says miners are likely to return to work this week, cutting short a strike that was expected to continue until mid-month. Under the deal, the company says, it […]

Obama: Urgent Action Needed On Debt Deal

Posted July 11th, 2011 at 2:15 pm (UTC-5)
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U.S. President Barack Obama says it is time to set aside politics and make a deal with both parties in Congress that will allow the United States to keep borrowing money, while cutting government deficits and debt. Before meeting with opposition Republicans Monday, Mr. Obama said there is “a lot of work to do” to […]

Tags: , , , , Posted in Economy

Assad Loyalists Storm US Embassy in Syria

Posted July 11th, 2011 at 1:50 pm (UTC-5)
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Crowds of Syrians loyal to President Bashar al-Assad surged into the U.S. embassy compound in Damascus on Monday and caused damage. Attackers broke windows, raised a Syrian flag on the U.S. grounds, and wrote anti-U.S. graffiti on walls. The attackers left after the brief incursion was pushed back by U.S. Marine guards. U.S. State Department […]

Tags: , , Posted in Middle East

Suicide Bomber Targets Political Rally in NW Pakistan

Posted July 11th, 2011 at 1:40 pm (UTC-5)
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A suicide bomber has killed seven people at a political rally in northwest Pakistan. Monday’s attack in the Batgram district of Khyber-Pakhtunkhwa province took place before a senior member of the Pakistan Muslim League-Q party was scheduled to speak at the gathering. The politician, Ameer Muqam, had not yet arrived at the venue. The blast […]

Tags: , , , Posted in South Asia

Global Stocks Fall

Posted July 11th, 2011 at 1:30 pm (UTC-5)
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U.S. stock market indexes were lower in Monday’s midday trading. The Dow Jones Industrial Average retreated 1.3 percent, the S&P 500 fell 1.8 percent and the NASDAQ lost two percent. European stock markets were lower at the close of trading. London’s Financial Times 100 index dropped one percent to end at 5,929. The CAC-40 in […]

Tags: , , , Posted in Economy

US First Lady to Attend Betty Ford’s Funeral

Posted July 11th, 2011 at 1:25 pm (UTC-5)
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The White House says President Barack Obama’s wife, Michelle Obama, will attend the funeral of former first lady Betty Ford, who died Friday at the age of 93. Mrs. Ford’s funeral is scheduled for Tuesday at a church in Palm Desert, California. Following the service her remains will be flown to Michigan for a public […]

Tags: , , Posted in Americas

Afghans Protest Shelling from Pakistan

Posted July 11th, 2011 at 1:10 pm (UTC-5)
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Hundreds of Afghans took to the streets Monday to protest cross-border shelling from Pakistan that has killed dozens of people in recent weeks. Demonstrations were held in the eastern province of Kunar and the southern province of Helmand, both bordering Pakistan. Relations between Afghanistan and Pakistan have been strained by weeks of mortar shelling that […]

Tags: Posted in South Asia