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Assad Loyalists Storm US Embassy in Syria

Posted July 11th, 2011 at 11:00 am (UTC-5)
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Crowds of Syrians loyal to President Bashar al-Assad surged into the U.S. embassy compound in Damascus on Monday and caused damage. The Associated Press reported that attackers broke windows, raised a Syrian flag on the U.S. grounds, and wrote anti-U.S. graffiti on walls. The attackers reportedly left after the brief incursion. Western news agencies quote […]

Tags: , , Posted in Middle East

Italy Becomes Next Focus Of Europe Debt Worries

Posted July 11th, 2011 at 11:00 am (UTC-5)
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Global stock prices fell sharply Monday in part because investors grew more worried that the European debt crisis might hit Italy next. In comparison to the size of its economy, Italy’s debt is second only to Greece in Europe. Investors were apparently shaken by political bickering in Italy’s government over a proposed austerity budget that […]

Tags: , Posted in Economy, Europe

Workers Strike at Chile Copper Mine

Posted July 11th, 2011 at 10:55 am (UTC-5)
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Workers at Chile’s Codelco copper mine are holding a nationwide 24-hour strike to protest modernization plans that union leaders say could lead to the loss of hundreds of jobs. The work stoppage is the first in nearly 18 years at the state-owned mine. It involves workers at Codelco’s sites across the country, including at the […]

Helicopter Crash Kills 3 in Burma

Posted July 11th, 2011 at 10:55 am (UTC-5)
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A helicopter crashed into the Andaman Sea off Burma’s western coast on Monday, killing three people. Several other passengers were rescued and taken to hospitals. The exact number of survivors was not clear. Malaysia’s oil and gas company Petronas had rented the helicopter to fly to off-shore natural gas drilling rigs in the Yetagun gas […]

Dozens of Bangladeshi Children Killed in Crash

Posted July 11th, 2011 at 10:45 am (UTC-5)
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Bangladeshi police say at least 42 school children were killed Monday, when the vehicle they were riding in plunged into a canal. The children, between the ages of 8 and 12, were returning from a football match when the accident happened outside the southeastern city of Chittagong. At least 60 students were said to be […]

Tags: , , , Posted in South Asia

Suicide Bomber Kills 5 in Northwest Pakistan

Posted July 11th, 2011 at 10:40 am (UTC-5)
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A suicide bomber has killed five people at a political rally in northwest Pakistan. Monday’s attack in the Batgram district of Khyber-Pakhtunkhwa province took place before a senior member of the Pakistan Muslim League-Q party was scheduled to speak at the gathering. The politician, Ameer Muqam, had not yet arrived at the venue. The blast […]

Tags: , , , Posted in South Asia

Assad Loyalists Storm US Embassy in Syria

Posted July 11th, 2011 at 10:30 am (UTC-5)
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Crowds of Syrians loyal to President Bashar al-Assad surged into the U.S. embassy compound in Damascus on Monday and caused damage. The Associated Press reported that attackers broke windows, raised a Syrian flag on the U.S. grounds, and wrote anti-U.S. graffiti on walls. The attackers reportedly left after the brief incursion. Reuters news agency quotes […]

Tags: , , Posted in Middle East

South Sudan to Launch New Currency

Posted July 11th, 2011 at 10:25 am (UTC-5)
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Newly-independent South Sudan says it will introduce its own currency next week, the latest step toward establishing the new nation. Finance Minister David Deng Athorbei told reporters Monday that the first shipment of South Sudan pounds will arrive from a British printer on Wednesday. He said the money will be distributed beginning July 18 and […]

Tags: , , , Posted in Africa

Global Stocks Fall

Posted July 11th, 2011 at 10:25 am (UTC-5)
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U.S. stock market indexes fell sharply in Monday’s early trading. The Dow Jones Industrial Average retreated eight-tenths of a percent, the S&P 500 fell one percent and the NASDAQ lost seven-tenths of a percent. European stock markets were lower in afternoon trading. London’s Financial Times 100 index nine-tenths of a percent, the CAC-40 in Paris […]

Tags: , , , Posted in Economy

Panetta: US Will Act Against Iran’s Arming of Iraqi Militants

Posted July 11th, 2011 at 10:05 am (UTC-5)
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U.S. Secretary of Defense Leon Panetta says U.S. forces in Iraq will act against Iran’s arming of Shi’ite militants blamed for a wave of deadly attacks on American soldiers. Attacks by suspected Iraqi Shi’ite insurgents killed 14 U.S. soldiers in June. It was the deadliest month for U.S. forces in Iraq in two years. Two […]

Tags: , , , Posted in Middle East