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AU Summit Dodges Issue of Gadhafi’s Future

Posted July 1st, 2011 at 8:10 pm (UTC-5)
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African leaders have agreed on a road map designed to help end fighting in Libya, but the proposal leaves open whether there is any future role for Libyan leader Moammar Gadhafi. African leaders attending a summit in Equatorial Guinea say the plan calls for a cease-fire between Libya’s government and rebel forces, and a transition […]

Tags: , , , , Posted in Africa

Moroccans Overwhelmingly Approve New Constitution

Posted July 1st, 2011 at 7:55 pm (UTC-5)
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Moroccans have overwhelmingly approved the constitutional reforms that King Mohammed VI says will bring democratic reform to his country. Moroccan officials said 98 percent of voters voted Friday to approve the new constitution, with a stunning 72 percent of the 13 million registered voters casting a ballot. King Mohammed announced his proposed reforms last month. […]

Tags: , , Posted in Middle East

Germany Calls for Talks on Turkey’s EU Bid

Posted July 1st, 2011 at 6:55 pm (UTC-5)
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Germany’s foreign minister is calling for “fair and respectful” talks with Turkey regarding its bid for full membership in the European Union. Speaking at a press conference in Istanbul Friday, Guido Westerwelle said Turkey holds a strategic role in the region, where several countries are in the midst of popular uprisings against repressive governments. Westerwelle […]

Tags: , Posted in Europe

Strauss-Kahn Released from House Arrest, Charges Still Stand

Posted July 1st, 2011 at 6:15 pm (UTC-5)
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Former International Monetary Fund chief Dominique Strauss-Kahn has been released from house arrest, after prosecutors raised questions about the credibility of the hotel maid accusing him of sexual assault. Strauss-Kahn left a New York courthouse Friday, after a judge agreed to return his bail and revoke pre-trial restrictions on his movements. He is free to […]

Tags: , , , , Posted in US

14 Killed as Syrian Protests Spread

Posted July 1st, 2011 at 6:10 pm (UTC-5)
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Activists say Syrian forces killed at least 14 people in clashes with protesters Friday as tens of thousands took to the streets nationwide against President Bashar al-Assad. Protesters gathered Friday near the Turkish border, as well as in central Syria and areas of the capital, Damascus. Rights groups say more than 1,400 people have been […]

Tags: , , Posted in Middle East

Sudan’s Bashir Vows to Fight On in South Kordofan

Posted July 1st, 2011 at 6:10 pm (UTC-5)
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Sudanese President Omar al-Bashir says fighting will continue along the country’s north-south border until rebels in the region disarm. In a speech Friday in Khartoum, Mr. Bashir said he has ordered his northern army to keep fighting in the volatile Southern Kordofan state for as long as rebels are operating there. His comments come just […]

Tags: , , Posted in Africa

Moroccans Vote on Constitutional Reforms

Posted July 1st, 2011 at 5:20 pm (UTC-5)
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Millions of Moroccans are heading to the polls to vote on the constitutional reforms that King Mohammed VI says will bring democratic reform to his country. The Interior Ministry reported that turnout was about 60 percent of the 13 million registered voters just before the polls closed. Preliminary results are expected after polls close Friday […]

Tags: , , Posted in Middle East

Venezuelan Military Chief: Chavez Still in Charge of Country

Posted July 1st, 2011 at 5:05 pm (UTC-5)
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Venezuela’s military chief says President Hugo Chavez is still in charge of the country following two operations in Cuba, including the removal of a cancerous tumor. Army General Henry Rangel Silva said on state television Friday that Mr. Chavez is recovering well, noting that he expects the 56-year-old president to return to Venezuela soon. President […]

Tags: , , , , Posted in Americas

US Stocks Rise

Posted July 1st, 2011 at 4:10 pm (UTC-5)
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U.S. stock market indexes rose in Friday’s trading. The Dow Jones Industrial Average jumped 1.4 percent to end at 12,583. The S&P 500 rose 1.4 percent to finish at 1,340 while the NASDAQ gained 1.5 percent to close at 2,816. European stock markets were higher at the close of trading. London’s Financial Times 100 index […]

Tags: , , , Posted in Economy

Oil Prices Fall

Posted July 1st, 2011 at 4:00 pm (UTC-5)
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Here are the prices of some key commodities traded in New York on Friday: Crude oil prices lost 48 cents to close at $94.94 per barrel. Coffee futures dropped 2 cents to finish at $2.63 per pound. Copper prices rose 2 cents to end at $4.29 a pound. Cocoa futures declined $33 to finish the […]

Tags: Posted in Economy