President Obama says congressional leaders from both political parties will have to compromise in order to reach agreement on the debt and deficit. Mr. Obama says he is prepared to take on significant criticism from his Democratic Party to reach an agreement. But he says he does not see a path to a deal if […]
Obama: Failure to Reach Compromise Could Trigger Recession
Posted July 11th, 2011 at 11:40 am (UTC-5)
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Death Toll in Russian Boat Disaster Rises to 64
Posted July 11th, 2011 at 11:35 am (UTC-5)
Russian divers on the Volga River are probing a sunken tour boat where they expect to find the remains of scores of children entombed in a play area of the stricken vessel, which went down Sunday with 208 people on board. The grim search was underway late Monday, as the confirmed death toll rose to […]
Obama: Daily Meetings Until Debt-Deficit Agreement
Posted July 11th, 2011 at 11:25 am (UTC-5)
President Barack Obama says meetings with Congress will happen “every single day” until an agreement is reached on the debt and deficit. At a White House news conference Monday, the president said congressional leaders agree that it is not acceptable to allow the United States to default on its debt by not raising the debt […]
South Africa Arrests Alleged Rhino Horn Dealer
Posted July 11th, 2011 at 11:10 am (UTC-5)
South African police say they have arrested a Thai man who organized rhinoceros hunts as part of a scheme to sell their horns on the black market. Suspect Chumlong Lemtongthai was due to appear in court early this week. He was arrested at his Johannesburg-area home on Saturday, after a year-long investigation by the South […]
Assad Loyalists Storm US Embassy in Syria
Posted July 11th, 2011 at 11:00 am (UTC-5)
Crowds of Syrians loyal to President Bashar al-Assad surged into the U.S. embassy compound in Damascus on Monday and caused damage. The Associated Press reported that attackers broke windows, raised a Syrian flag on the U.S. grounds, and wrote anti-U.S. graffiti on walls. The attackers reportedly left after the brief incursion. Western news agencies quote […]
Italy Becomes Next Focus Of Europe Debt Worries
Posted July 11th, 2011 at 11:00 am (UTC-5)
Global stock prices fell sharply Monday in part because investors grew more worried that the European debt crisis might hit Italy next. In comparison to the size of its economy, Italy’s debt is second only to Greece in Europe. Investors were apparently shaken by political bickering in Italy’s government over a proposed austerity budget that […]
Workers Strike at Chile Copper Mine
Posted July 11th, 2011 at 10:55 am (UTC-5)
Workers at Chile’s Codelco copper mine are holding a nationwide 24-hour strike to protest modernization plans that union leaders say could lead to the loss of hundreds of jobs. The work stoppage is the first in nearly 18 years at the state-owned mine. It involves workers at Codelco’s sites across the country, including at the […]
Helicopter Crash Kills 3 in Burma
Posted July 11th, 2011 at 10:55 am (UTC-5)
A helicopter crashed into the Andaman Sea off Burma’s western coast on Monday, killing three people. Several other passengers were rescued and taken to hospitals. The exact number of survivors was not clear. Malaysia’s oil and gas company Petronas had rented the helicopter to fly to off-shore natural gas drilling rigs in the Yetagun gas […]
Dozens of Bangladeshi Children Killed in Crash
Posted July 11th, 2011 at 10:45 am (UTC-5)
Bangladeshi police say at least 42 school children were killed Monday, when the vehicle they were riding in plunged into a canal. The children, between the ages of 8 and 12, were returning from a football match when the accident happened outside the southeastern city of Chittagong. At least 60 students were said to be […]
Suicide Bomber Kills 5 in Northwest Pakistan
Posted July 11th, 2011 at 10:40 am (UTC-5)
A suicide bomber has killed five 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 […]
