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Boeing Says India Needs 1,300 New Planes

Posted July 6th, 2011 at 3:10 pm (UTC-5)
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The world’s largest aerospace company says India will need more than 1,300 new passenger airplanes over the next two decades to meet the demands of the country’s growing economy. U.S. firm Boeing on Wednesday forecast that India’s commercial carriers will need 1,320 planes, worth $150 billion, through 2030. The head of Boeing in India, Dinesh […]

Tags: , , Posted in South Asia

Turkey Names New Cabinet

Posted July 6th, 2011 at 2:45 pm (UTC-5)
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Turkey has named a new Cabinet that includes a new ministry to oversee the country’s European Union bid. The 26-member Cabinet put together by Prime Minister Recep Tayyip Erdogan includes six new members. Turkey’s chief E.U. negotiator, Egemen Bagis, will head the European Union Ministry. Mr. Erdogan said the new government intends to dramatically reduce […]

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Pakistan Expresses ‘Serious Concern’ Over Cross-Border Attacks

Posted July 6th, 2011 at 2:45 pm (UTC-5)
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Pakistani Prime Minister Syed Yusuf Raza Gilani spoke to Afghan President Hamid Karzai by phone Wednesday to express “serious concern” regarding the activities of militants along the countries’ shared border. The conversation came hours after Pakistani officials said hundreds of militants crossed from Afghanistan and attacked several border villages in Pakistan’s northwest. The prime minister’s […]

Tags: , , , Posted in South Asia

Rebels Seize 2 Villages Near Libyan Capital

Posted July 6th, 2011 at 2:45 pm (UTC-5)
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Libyan rebels have seized two small towns south of Tripoli following a six-hour gunbattle with forces loyal to leader Moammar Gadhafi. Rebels said Wednesday they had gained control of al-Qawalish and Kikla, which are both within 100 kilometers of the capital. The next larger town to the north is Garyan, which controls a main road […]

Tags: , , Posted in Middle East

Police Arrest Dozens Calling for New Indian State

Posted July 6th, 2011 at 2:35 pm (UTC-5)
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Police in southern India arrested at least 50 people Wednesday during protests calling for the creation of a new state. The demonstrations in the southern city of Hyderabad came as a two-day strike in the region closed shops, school and businesses and also disrupted public transit. There were also reports that police fired tear gas […]

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U.S. Authorities Warn of Implanted Explosives

Posted July 6th, 2011 at 2:15 pm (UTC-5)
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U.S. security authorities are warning that terrorists may try to smuggle explosives onto airplanes by having them surgically implanted in their bodies. News emerged Wednesday that the U.S. Department of Homeland Security last week advised its foreign counterparts that it has intelligence indicating renewed interest in the technique. The reports did not indicate the source […]

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Protest Erupts Over Egypt’s Police Trials

Posted July 6th, 2011 at 2:10 pm (UTC-5)
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Egyptians hurled stones at a government building in Suez on Wednesday after a court upheld a ruling to release police officers accused of killing demonstrators during this year’s anti-government uprising. The protest is part of growing dissent against Egypt’s military rulers. Some Egyptians say they are frustrated with what they perceive as the rulers’ reluctance […]

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Indian Minister Under Investigation for Corruption

Posted July 6th, 2011 at 2:05 pm (UTC-5)
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Another Indian minister is under investigation for his alleged role in the corruption scandal involving India’s telecommunications industry. The Central Bureau of Investigation says it is probing the role of the country’s current textiles minister, Dayanidhi Maran, in the scandal which is said to have cost the government up to $40 billion. The CBI says […]

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US Stocks Rise in Midday Trading

Posted July 6th, 2011 at 1:25 pm (UTC-5)
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U.S. stock market indexes rose in Wednesday’s midday trading. The Dow Jones Industrial Average gained more than five-tenths of a percent, the S&P 500 rose two-tenths of one percent and the NASDAQ was up four-tenths of a percent. European stock markets were lower at the close of trading. London’s Financial Times index lost more than […]

Tags: , , , Posted in Economy

South Sudan Oil Could Bypass North

Posted July 6th, 2011 at 1:05 pm (UTC-5)
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South Sudan is talking about building new pipelines to pump oil through Kenya instead of going north through Khartoum. South Sudan Road and Transport Minister Anthony Lino Makana told reporters Wednesday that building a new pipeline “is not a hard thing for us.” He said several oil companies have already approached South Sudan about the […]

Tags: , Posted in Africa