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Fresh Violence Erupts in Pakistan’s Karachi

Posted July 22nd, 2011 at 9:00 am (UTC-5)
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Fresh violence has erupted in Pakistan’s largest city, with at least 11 people killed Friday. More than 18 others were wounded in clashes between rival groups in Karachi. Authorities would not say whether the killings were politically motivated. Political and ethnic violence has killed at least 100 people in Karachi so far this month. The […]

Tags: , Posted in South Asia

Crowds of Anti-Government Activists Swelling in Syria

Posted July 22nd, 2011 at 8:40 am (UTC-5)
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Crowds of Syrian protesters renewed calls for President Bashar al-Assad’s resignation on Friday, gathering in big numbers throughout the country. Witnesses and activists say hundreds of people took to the streets on Friday in towns in the northeastern Hasaka province, a mostly Kurdish region. Reuters news agency says Syrian security forces used batons and tear […]

Tags: , , Posted in Middle East

North, South Korea Hold Direct Nuclear Talks

Posted July 22nd, 2011 at 7:25 am (UTC-5)
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Nuclear envoys from North and South Korea held talks Friday on the sidelines of the ASEAN security forum in Bali, in the first such meeting between the two sides since six-party nuclear talks collapsed in December 2008. The South’s Yonhap news agency quoted North Korea’s nuclear envoy Ri Yong Ho as saying the parties agreed […]

Tags: , , , Posted in East Asia Pacific

Greece Pledges Debt Eradication After Second Financial Package

Posted July 22nd, 2011 at 7:10 am (UTC-5)
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Greece is expressing relief after securing a second European-backed emergency financial package aimed at preventing Athens from defaulting on its huge public debt and stabilizing the common European currency. The European Union and the International Monetary Fund reached agreement Thursday in Brussels to give Greece another bailout worth about $155 billion. Greece will also get […]

Tags: , Posted in Economy, Europe

Serbia Hands over Former Serb Leader to War Crimes Tribunal

Posted July 22nd, 2011 at 7:00 am (UTC-5)
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Serbia has extradited the former leader of Croatia’s ethnic Serbs, Goran Hadzic, to the U.N. war crimes tribunal in The Hague . Serbia’s justice minister made the announcement on Friday. Hadzic’s lawyer, Toma Fila, told reporters a day earlier in Belgrade that his client had waived the right to appeal extradition. The 52-year-old Hadzic led […]

Tags: , , Posted in Europe

European Markets Higher at Midday

Posted July 22nd, 2011 at 7:00 am (UTC-5)
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European stock markets were higher in midday trading Friday. London’s Financial Times 100 index as up 1.10 percent , to 5,965. The CAC-40 in Paris was up more than one percent , to 3,858. And the DAX in Frankfurt was up six-tenths of a percent , at 7,337. The S&P futures contract was up 10 […]

Tags: , Posted in Europe

50 Insurgents Killed in Eastern Afghanistan

Posted July 22nd, 2011 at 7:00 am (UTC-5)
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NATO says Afghan and coalition forces have killed more than 50 insurgents during a military operation in eastern Afghanistan. The coalition said Friday the fighting occurred in Paktika province’s Sar Rawza district during a clearance of a Haqqani network encampment. The network is affiliated with al-Qaida and the Taliban. NATO said the site was an […]

Tags: , , Posted in South Asia

Syria Deploys Forces in Damascus Ahead of Planned Protests

Posted July 22nd, 2011 at 6:35 am (UTC-5)
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Syrian rights activists say the military has deployed security forces in the capital, Damascus, Friday ahead of planned anti-government protests. The Syrian Observatory for Human Rights said army elements set up checkpoints and carried out patrols in Qaboun and Rukneddine neighborhoods. Last Friday, at least 32 people were killed after Syrian security forces opened fire […]

Tags: Posted in Middle East

Intense Talks Continue to Avoid Default on US Debt

Posted July 22nd, 2011 at 6:30 am (UTC-5)
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As the deadline for U.S. lawmakers to raise the nation’s $14.3 trillion borrowing limit quickly approaches, the Democratic-led U.S. Senate is expected to vote on Republican-backed plan Friday that would raise the debt ceiling in exchange for large cuts in the federal budget. The so-called “Cut, Cap and Balance Act” also requires Congress to approve […]

Tags: , , Posted in Americas, Economy, US

Asian Markets Close Higher

Posted July 22nd, 2011 at 6:25 am (UTC-5)
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Asian stock markets closed higher Friday. Tokyo’s Nikkei index gained more than one percent , to close at 10,132. Hong Kong’s Hang Seng index jumped nearly three percent , to end at 22,445. Elsewhere, share prices were higher in Shanghai, Sydney, Mumbai, Singapore, Bangkok, Jakarta, Wellington, Taipei and Seoul. Stocks in Kuala Lumpur and Manila […]