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Reports: US Sales Up; Jobless Claims Down

Posted July 14th, 2011 at 9:45 am (UTC-5)
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U.S. retail sales rose a modest one-tenth of a percent in June, as consumers brought more cars. Thursday’s data from the Commerce Department was better than most economists had predicted. A separate report from the Labor Department showed the number of Americans signing up for unemployment declined by 22,000 to a nationwide total of 405,000. […]

Tags: , Posted in Economy

Activists: Syrian Forces Kill 6, Arrest 20 in Opposition Crackdown

Posted July 14th, 2011 at 9:45 am (UTC-5)
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Syrian rights activists say government forces have killed six people and arrested more than 20 others since Wednesday in the latest crackdowns on opposition activists around the country. Rights groups say security forces opened fire on anti-government protesters in the eastern town of Deir el-Zour on Thursday, killing two and wounding another five. Elsewhere, activists […]

Tags: , , Posted in Middle East

Sarkozy Calls Security Meeting After Afghanistan Deaths

Posted July 14th, 2011 at 9:25 am (UTC-5)
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French President Nicolas Sarkozy called a special meeting with his top security advisers Thursday to discuss new security conditions for the country’s soldiers in Afghanistan, after six French soldiers were killed there in the past two days. Mr. Sarkozy said he wants to talk about how to keep French soldiers safe during the transition process […]

Tags: , , , Posted in South Asia

Pirate Attacks off Somalia Hit Record High

Posted July 14th, 2011 at 9:20 am (UTC-5)
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A maritime watchdog says the number of pirate attacks off Somalia’s coast rose to a record high during the first half of this year. The London-based International Maritime Bureau says the raids have also grown increasingly bold and violent. In a report released Thursday, the group said piracy worldwide jumped 36 percent the first half […]

Tags: , Posted in Africa

Vietnam Accuses Chinese troops of Attack on Fishermen

Posted July 14th, 2011 at 9:10 am (UTC-5)
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Vietnam says armed Chinese soldiers forced their way aboard a Vietnamese fishing boat last week in the South China Sea and beat its captain, before forcing the trawler from an area claimed by both countries. Vietnamese news reports quote coast guard officials as saying the encounter occurred July 5 near the contested Paracel Islands, whose […]

Bombings Kill 17, Wound 133 in Mumbai

Posted July 14th, 2011 at 9:00 am (UTC-5)
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Indian officials say it is too early to accuse any particular group of carrying out the three consecutive bomb blasts that ripped through the country’s financial capital, Mumbai, on Wednesday, killing at least 17 people and wounding 133 others. Indian Home Minister P. Chidambaram said Thursday police are investigating every possible “hostile” group, and that […]

Tags: , , , Posted in South Asia

Suicide Bomber Attacks Memorial for Afghan President’s Brother

Posted July 14th, 2011 at 8:50 am (UTC-5)
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A suicide bomber has attacked a mosque in Afghanistan’s southern city of Kandahar, killing four people during a memorial service for the assassinated half-brother of President Hamid Karzai. The Interior Ministry said Thursday’s blast killed the head of Kandahar province’s religious council, Hekmatullah Hekmat. A child was also killed and another 15 people were wounded, […]

Tags: , , , Posted in South Asia

Funeral Service To Be Held For Former First Lady

Posted July 14th, 2011 at 8:00 am (UTC-5)
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A funeral service for former U.S. first lady Betty Ford will be held Thursday before she is laid to rest next to her husband in her hometown in the northern state of Michigan. Mrs. Ford’s flower-draped casket arrived Wednesday night in Grand Rapids, Michigan, where hundreds of mourners participated in a procession and public viewing. […]

Tags: , , , , Posted in US

European Stocks Lower in Midday Trading

Posted July 14th, 2011 at 7:40 am (UTC-5)
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European stock prices are lower in midday trading Thursday. London’s Financial Times index is down one percent. The CAC-40 in Paris is down 1.1 percent, and the DAX index in Frankfurt is down eight-tenths of a percent. In New York, the S&P futures contract is up more than three points, indicating a higher opening. Tokyo’s […]

Tags: , , , Posted in Economy

Italian Senate Expected to Pass Austerity Measures

Posted July 14th, 2011 at 7:25 am (UTC-5)
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Italy’s upper house of parliament is set to approve drastic budget cuts on Thursday aimed at calming market fears about the sustainability of the country’s public debt. The four-year austerity plan, worth at least $57 billion, is expected to be passed by the Italian Senate on Thursday and by the lower house on Friday. The […]

Tags: , Posted in Economy, Europe