U.S. stocks were higher at closing Tuesday. The Dow Jones Industrial Average rose 1.6 percent to 12,587. The S&P 500 was also up 1.6 percent to end the day at 1,327. The Nasdaq composite index climbed 2.2 percent to 2,827. European stock prices closed higher. London’s Financial Times index rose almost seven-tenths of a percent […]
Guinean President Survives 2 Attacks
Posted July 19th, 2011 at 4:30 pm (UTC-5)
Guinea’s President Alpha Conde survived two attacks Tuesday on his home in the capital, Conakry, including an assassination attempt in the early morning hours. Mr. Conde said in a nationwide broadcast that gunmen targeted his bedroom with gunfire and a bazooka in the pre-dawn attack. He said he survived because he was not sleeping in […]
Somali President Declares Famine
Posted July 19th, 2011 at 4:10 pm (UTC-5)
Somalia’s president has declared a famine in his drought-stricken country and called for more international help to deal with the crisis. While touring a displaced-persons camp in the capital, Mogadishu, on Tuesday, President Sheikh Sharif Sheikh Ahmed said food has become so scarce that there is “in fact a famine” in his country. The president […]
IMF Warns European Debt Could Derail Global Economy
Posted July 19th, 2011 at 4:10 pm (UTC-5)
The International Monetary Fund says the lingering Greek debt crisis poses a significant risk to the global economy. An IMF statement Tuesday said markets around the world “remain unconvinced” that Europe’s leaders will be able to rescue Greece from its mounting debt. It also warned that the crisis could spread, first to other European countries […]
Oil Prices Gain
Posted July 19th, 2011 at 4:10 pm (UTC-5)
Here are the prices of some key commodities traded in New York on Tuesday: Crude oil prices gained almost $2 to settle at $97.50 a barrel. Coffee prices fell 4 cents to end at $2.44 per pound. Copper prices advanced 6 cents to close at $4.46 per pound. Cocoa futures rose $5 to end the […]
Accused Fort Hood Shooter to Be Arraigned Wednesday
Posted July 19th, 2011 at 3:55 pm (UTC-5)
The U.S. Army psychiatrist charged in the deadly 2009 shooting at the Fort Hood military base in Texas is being arraigned in a military court Wednesday. A statement from the base says Major Nidal Hasan will be asked to enter a plea at the hearing, and that the judge could set a trial date. The […]
Heatwave Hits Most of US
Posted July 19th, 2011 at 3:35 pm (UTC-5)
An oppressive heatwave has gripped much of the United States, bringing record-high temperatures that are expected to spread from the nation’s midwest to the east coast. A combination of hot temperatures and high humidity has pushed heat indices in some areas upwards of 51 degrees Celsius. About 40 states across the country reached highs of […]
Chile: Investigation Confirms Allende’s Death a Suicide
Posted July 19th, 2011 at 3:35 pm (UTC-5)
A scientific investigation in Chile has confirmed that President Salvador Allende committed suicide during the September 11, 1973 coup that brought dictator General Augusto Pinochet to power. Legal officials made the announcement Tuesday, two months after Mr. Allende’s body was exhumed in order to settle the lingering question of whether he was killed or took […]
Afghan Forces Take Security Control of Provincial Capital
Posted July 19th, 2011 at 3:35 pm (UTC-5)
Afghan forces have taken security control of the capital of eastern Laghman province from NATO troops, the latest step in the transition process as international forces begin leaving the country. During a ceremony in Mehterlam Tuesday, U.S. forces handed control of the relatively-peaceful city to Afghan troops. The provincial capital is one of seven areas […]
Erdogan Plans Possible Gaza Strip Visit
Posted July 19th, 2011 at 3:10 pm (UTC-5)
Turkish Prime Minister Recep Tayyip Erdogan said Tuesday he would like to visit the Gaza Strip after his upcoming trip to Egypt. Mr. Erdogan said the plans are not definite. He said Turkey’s foreign ministry will work on making the arrangements and that “if conditions are favorable,” he will consider making the visit. Analysts say […]
