President Obama said he is ready to move ahead with cutting spending if Republican lawmakers show him what he called a “serious plan.” He said the American people want to see Washington do its job, and that it is not fair to ask for middle class families to make sacrifices without asking for sacrifices from […]
US, 30 Other Countries Recognize Libyan Rebels
Posted July 15th, 2011 at 11:15 am (UTC-5)
More than 30 countries, including the United States, say they are recognizing Libya’s rebel Transitional National Council — declaring that the country’s leader Moammar Gadhafi no longer has any legitimate authority over the North African nation. Western and regional powers made the declaration Friday in Istanbul as they met to map strategies to strengthen the […]
Obama: ‘Adverse’ Consequences If US Defaults
Posted July 15th, 2011 at 11:10 am (UTC-5)
U.S. President Barack Obama has warned of “adverse” consequences for all Americans, such as higher interest rates, if the United States defaults on its obligations. At the White House Friday, Mr. Obama told reporters that all congressional leaders have reiterated the desire to make sure that U.S. does not default. He said the United States […]
Obama, Republicans Still Wrangling Over US Debt
Posted July 15th, 2011 at 10:40 am (UTC-5)
The political wrangling over spending, debt, and taxes continued in Washington Friday, with President Barack Obama and opposition Republicans holding separate news conferences to outline their positions. The Republican Speaker of the House of Representatives, John Boehner, said his party does not want a default. He also said it is vital to make what he […]
Kenya to Reopen Unused Refugee Camp in Dadaab
Posted July 15th, 2011 at 10:25 am (UTC-5)
Kenya has agreed to reopen an unused refugee camp in Dadaab, as starving Somalis affected by a severe drought pour in from across the border. The announcement is drawing praise from humanitarian groups, who warned on Friday that still more aid and camp space will be needed to handle the rapidly growing crisis. Aid groups […]
Indonesian Police Arrest Headmaster of School Where Bomb Exploded
Posted July 15th, 2011 at 10:25 am (UTC-5)
Indonesian police have arrested Abrori , the headmaster of a school where earlier this week a bomb exploded, sparking a two-day standoff between police and supporters of the school. Police say the Umar bin Khatab school in West Nusa Tenggara Province, is linked to Abu Bakar Bashir, a radical Muslim cleric who has been convicted […]
Harry Potter Fans Flock to Theaters for Final Film
Posted July 15th, 2011 at 10:20 am (UTC-5)
Fans of the wildly popular Harry Potter franchise are flocking to movie theaters around the world to see the last of eight films based on the books by British author J.K. Rowling. Harry Potter and the Deathly Hallows: Part 2 is poised to set records in ticket sales, taking in $43 million in 26 countries […]
Officials: Landmine Kills 2 Soldiers in NW Pakistan
Posted July 15th, 2011 at 10:15 am (UTC-5)
Pakistani officials say a landmine in one of the tribal area’s bordering Afghanistan killed at least two soldiers and wounded two others while they were on an operation Thursday. Security officials said Friday they suspect militants planted the explosive in the Makeen area of the South Waziristan tribal region. So far, no one has claimed […]
US Stocks Move Higher at Open
Posted July 15th, 2011 at 10:05 am (UTC-5)
U.S. stock market indexes rose in Friday’s early trading. The Dow Jones Industrial Average advanced almost four-tenths of a percent. The S&P 500 rose half a percent. And the NASDAQ gained six-tenths of a percent. European stock markets were mixed in afternoon trading. London’s Financial Times 100 index gained two-tenths of a percent. The CAC-40 […]
Demonstrators Rally in Yemen, Clashes in Taiz
Posted July 15th, 2011 at 10:00 am (UTC-5)
Yemen’s security forces clashed with opposition tribesmen near the southern city of Taiz overnight and thousands turned out after Friday prayers to protest continuing political paralysis in the country. The fighting near Taiz began late Thursday and continued through the night between forces loyal to embattled President Ali Abdullah Saleh and tribesmen allied with demonstrators […]
