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Europe Stocks Mostly Lower at Midday

Posted July 26th, 2011 at 7:35 am (UTC-5)
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European stock prices are mostly lower in midday trading Tuesday. London’s Financial Times index is down less than one-tenth of one percent. The CAC-40 in Paris is down six-tenths of one percent, and trading on the DAX index in Frankfurt is virtually unchanged. In New York, the S&P futures contract is up three points, indicating […]

Airlift of Food for Somalia and Horn of Africa to Begin Tuesday

Posted July 26th, 2011 at 7:25 am (UTC-5)
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The U.N. World Food Program will begin airlifting food to Somalia Tuesday. WFP Executive Director Josette Sheeran says this will be the first airlift of food since the U.N. declared a famine in two parts of Somalia last week. The United Nations says “massive” action is needed to save millions of people living in the […]

Tags: , , , Posted in Africa

Asian Markets Rise as Dollar, Gold Both Dip

Posted July 26th, 2011 at 7:15 am (UTC-5)
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Asian stock markets closed mostly higher Tuesday. Tokyo’s Nikkei index gained almost one-half of a percent to close at 10,098. Hong Kong’s Hang Seng index rose one and one-quarter percent to end at 22,572. Elsewhere, share prices were higher in Shanghai, Taipei, Seoul, Sydney, Singapore, Kuala Lumpur and Jakarta. Markets ended lower in Mumbai, Bangkok, […]

Tags: , Posted in East Asia Pacific

Police Arrest 5 Suspects in Northern Ireland Bombing

Posted July 26th, 2011 at 7:10 am (UTC-5)
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Police in Northern Ireland say they have arrested five people in connection with the April killing of a police officer. Authorities said Tuesday the five suspects were arrested under an anti-terror act during an operation that involved around 200 officers. The 25-year-old policeman was killed April 2 outside his home in the town of Omagh […]

Tags: , Posted in Europe

China Meets Public Anger With Rail Safety Review

Posted July 26th, 2011 at 6:55 am (UTC-5)
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China has ordered a two-month review of safety measures on its railways amid rising public anger over a train crash Saturday that killed 39 people. Railway Minister Sheng Guangzu was quoted in state media Tuesday saying the inspection campaign will focus on rectifying safety problems and “stabilizing the safety situation.” Major Chinese newspapers carried prominent […]

Tags: , , , , Posted in East Asia Pacific

Airlift of Food for Somalia and Horn of Africa to Begin Tuesday

Posted July 26th, 2011 at 6:35 am (UTC-5)
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The U.N. World Food Program will begin airlifting food to Somalia Tuesday. WFP Executive Director Josette Sheeran says this will be the first airlift of food since the U.N. declared a famine in two parts of Somalia last week. The United Nations says “massive” action is needed to save millions of people living in the […]

Tags: , , Posted in Africa

Private Funeral Tuesday for Amy Winehouse

Posted July 26th, 2011 at 6:25 am (UTC-5)
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The family of Amy Winehouse is set to hold a private funeral Tuesday for the British singer, who was found dead Saturday inside her home. A family spokesman said Winehouse will be buried in a private ceremony for family and close friends. London police said Monday an autopsy failed to determine how the 27-year-old died. […]

Tags: , Posted in Europe

Vietnam’s Dung Wins Second Term as PM

Posted July 26th, 2011 at 6:10 am (UTC-5)
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Vietnam’s National Assembly elected Prime Minister Nguyen Tan Dung to a second term Tuesday, cementing his role as the country’s most powerful politician. The overwhelming vote of approval by the 500-member assembly was considered a formality after Mr. Dung was backed for the job at a congress of the ruling Communist Party in January. In […]

Fayyad to Detail Palestinian Budget Crisis to Arab League

Posted July 26th, 2011 at 6:10 am (UTC-5)
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Palestinian Authority Prime Minister Salam Fayyad is set to outline the government’s budget crisis at an emergency meeting of the Arab League, and to urge members to deliver pledged aid. Palestinian officials said the meeting Tuesday in Cairo was called at the request of Palestinian President Mahmoud Abbas, as the West Bank government struggles with […]

Tags: , Posted in Middle East

Tokyo Market Scores Gains as Dollar, Gold Slip

Posted July 26th, 2011 at 5:55 am (UTC-5)
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Japanese share prices were higher Tuesday, while the dollar lost more ground against the yen. Tokyo’s Nikkei index gained almost half of one percent , to close at 10,098. In currency trading, the dollar was selling at 78.13 yen, down one-sixth of a yen from late Monday. Gold was trading at $1,610.00 an ounce, down […]

Tags: , Posted in East Asia Pacific