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Five Killed in Philippine Landslide

Posted July 5th, 2011 at 1:25 pm (UTC-5)
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Officials in the Philippines say at five people were killed in a series of recent landslides in the country’s south. Office of Civil Defense Chief Benito Ramos says two children were found dead Tuesday near Valencia city in southern Bukidnon province after a landslide buried several houses in the area a day earlier. Officials say […]

NATO Says 4 Troops Killed in Afghan East, Cameron Visits Kabul

Posted July 5th, 2011 at 1:10 pm (UTC-5)
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The NATO mission in Afghanistan says insurgent attacks have killed four of its soldiers as British Prime Minister David Cameron visited the capital, Kabul, and pledged to increase British aid to the country. NATO said Tuesday a roadside bombing in eastern Afghanistan killed three NATO troops while another attack in the east killed a fourth […]

Tags: Posted in South Asia

US Stocks Mixed at Midday

Posted July 5th, 2011 at 12:50 pm (UTC-5)
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The major U.S. stock market indexes were mixed in midday trading Tuesday. The Dow Jones Industrial Average was up slightly . The S&P 500 index slid almost one-tenth of a percent. And the NASDAQ gained two-tenths of a percent. European stock prices closed mixed. London’s Financial Times index rose one-tenth of a percent to end […]

Tags: , , , Posted in Economy

At Least 11 Libyan Rebels Killed in Misrata Clashes

Posted July 5th, 2011 at 12:40 pm (UTC-5)
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At least 11 Libyan rebels have been killed in clashes with pro-government forces near the opposition-held city of Misrata. Medics and rebels say the deaths occurred late Monday and Tuesday after forces loyal to Libyan leader Moammar Gadhafi shelled targets on the outskirts of the city, about 200 kilometers east of Tripoli. They say more […]

Tags: Posted in Europe

Risk to Chinese Banks Might be Bigger Than Thought

Posted July 5th, 2011 at 12:40 pm (UTC-5)
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One of the world’s top credit rating agencies says China’s banks could be in more trouble than first thought due to bad loans. Moody’s Investor Services Tuesday said China’s auditor likely underestimated the amount of loans made to local governments by $540 billion. Moody’s report said the additional loans have likely exposed China’s loans to […]

Tags: , Posted in Economy

Security Tests Launched for London Olympics

Posted July 5th, 2011 at 12:00 pm (UTC-5)
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British police have launched a yearlong program of security tests to check the readiness of government, police and other agencies ahead of the 2012 London Olympics. The exercises will test a range of scenarios, including possible terrorist attacks. Other things that could impact the smooth running of the Games include long lines, big crowds, large […]

Tags: , , Posted in Europe

Bangladeshi Opposition Parties to Launch 2-Day Strike on Wednesday

Posted July 5th, 2011 at 11:40 am (UTC-5)
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Bangladeshi opposition parties are preparing to launch a 48-hour strike against a government they accuse of clinging to power and undermining democracy. The main opposition Bangladesh Nationalist Party and its allies including the Islamist group Jamaat-e-Islami say the strike will begin Wednesday morning at 6 a.m. local time. The parties have been protesting last month’s […]

Tags: , Posted in South Asia

US Factory Orders Point to Improving Economy

Posted July 5th, 2011 at 11:25 am (UTC-5)
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U.S. factories received more orders for goods in May, an indication the country’s manufacturing sector is growing stronger. The Commerce Department said Tuesday that factory orders rose eight-tenths of a percent in May after falling nine-tenths of a percent the month before. The report says much of the jump was the result of increased orders […]

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Filipino Officials Ban Chinese Diplomat from Meetings

Posted July 5th, 2011 at 11:25 am (UTC-5)
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Officials in the Philippines have banned a Chinese diplomat from meetings after allegedly exhibiting rude behavior during talks. Officials at the Department of Foreign Affairs said the Chinese Embassy’s First Secretary Li Yongsheng was barred from entering the foreign affairs offices in Manila for raising his voice at a Filipino official during a discussion on […]

EU Bans Some Egyptian Seed Imports

Posted July 5th, 2011 at 11:25 am (UTC-5)
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The European Union has banned the importation of some seeds from Egypt after concluding that a single shipment of fenugreek seeds from the country is the most likely source of the virulent E. coli bacteria that has killed at least 49 people. The EU imposed the ban Tuesday after its food safety agency said that […]

Tags: , , , , Posted in Economy, Europe, Middle East