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US Polygamist Sentenced to Life for Sexual Abuse of Children

Posted August 9th, 2011 at 2:25 pm (UTC-5)
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A U.S. jury has sentenced polygamist sect leader Warren Jeffs to life in prison for sexually assaulting two children he claimed were his “spiritual” brides. The jury in the southwestern state of Texas deliberated for less than an hour before delivering its verdict Tuesday. The sentence was the maximum allowed. He received life in prison […]

Tags: , , Posted in Americas

Death Toll Mounts in Syria as World Powers Appeal for Calm

Posted August 9th, 2011 at 2:25 pm (UTC-5)
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Turkey and other foreign powers have made fresh appeals for Syria to stop its violent crackdown on political dissidents. The calls come as rights activists say renewed government attacks Tuesday killed at least 25 people. Turkish Foreign Minister Ahmet Davutoglu says he discussed ways to end the bloodshed with President Bashar al-Assad during talks in […]

Tags: , , Posted in Middle East

OPEC Cuts Oil Demand Forecast Through 2012

Posted August 9th, 2011 at 2:20 pm (UTC-5)
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The oil-producing cartel OPEC is cutting its forecast for the amount of oil the world is likely to consume through next year. The Organization of the Petroleum Exporting Countries said Tuesday that as the global economic recovery loses momentum, countries around the world will use less oil. OPEC said economic “dark clouds” are already affecting […]

Tags: , , Posted in Economy

Ugandan Court Throws Out Charges Against Opposition Leader

Posted August 9th, 2011 at 2:00 pm (UTC-5)
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A Ugandan court has thrown out charges against opposition leader Kizza Besigye, who was accused by the government of inciting protests that turned violent. A magistrate said Tuesday that there was insufficient evidence to convict Besigye. The opposition leader had been charged with rioting, incitement to violence and disobeying police orders. The charges stemmed from […]

Tags: , Posted in Africa

U.S. Central Bank Monetary Policy Ensures Money and Credit

Posted August 9th, 2011 at 1:50 pm (UTC-5)
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The Federal Reserve in the United States acts as the country’s central bank. It has a mandate to promote maximum employment, stable prices and moderate long-term interest rates. The “Fed” has three main functions: –Provides and maintains an effective payments system, –Supervises and regulates banking operations –Conducts monetary policy. Structure of the Federal Reserve System: […]

Tags: , , , , , Posted in Economy

At Least 50 Drown in Comoros Boat Sinking

Posted August 9th, 2011 at 1:25 pm (UTC-5)
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At least 50 people including children drowned off the Comoros archipelago on Tuesday, after a passenger boat sank. Local officials say it appears the boat’s engine failed, causing the vessel to hit rocks near the main island of Grande Comore. Authorities have warned the death toll could go higher, as the boat was carrying more […]

Tags: , , , , Posted in Africa

Philippines Bars Former President from Traveling Overseas

Posted August 9th, 2011 at 1:05 pm (UTC-5)
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The Philippines government has placed former President Gloria Arroyo on a watch list barring her from traveling abroad while she is being investigated on charges of corruption. Justice Secretary Leila de Lima has ordered the immigration department to place Ms. Arroyo on the watch list for 60 days. Persons on the list are barred from […]

Bodies of US Troops Killed in Afghan Helicopter Crash Return Home

Posted August 9th, 2011 at 12:50 pm (UTC-5)
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U.S. President Barack Obama has arrived at Dover Air Force Base to pay his respects to the 30 U.S. troops killed in a helicopter crash in Afghanistan. The Pentagon says two military planes carrying the remains arrived at the air base in Delaware earlier Tuesday. Insurgents reportedly shot down the Chinook transport helicopter Saturday, during […]

Tags: , , , Posted in South Asia

Britain to Review Olympic Security After London Riots

Posted August 9th, 2011 at 12:50 pm (UTC-5)
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Organizers of the 2012 Olympic Games in London say they will review security for next year’s Games after three days of riots in the British capital, but they say there will not be a cancellation of Olympic test events planned for this week. The violence has already led to the cancellation of several football matches, […]

Tags: , , , , Posted in Europe

British PM Recalls Parliament amid Riots, Vows to Restore Order

Posted August 9th, 2011 at 12:40 pm (UTC-5)
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British Prime Minister David Cameron has vowed to restore order and punish those responsible for the violent riots that have swept London for a third day and spread to other cities. Mr. Cameron recalled parliament from its summer recess Tuesday and nearly tripled the number of police on the streets to deal with the crisis […]

Tags: , , , Posted in Europe