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Egypt Moves to End Decades-Old Emergency Law

Posted August 11th, 2011 at 7:15 pm (UTC-5)
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Egypt’s government says it has begun procedures to end the country’s three-decade-old state of emergency, a key demand in the protests that led to former president Hosni Mubarak’s ouster earlier this year. Government spokesman Mohammed Hegazy said Thursday the Cabinet has started “formulating laws and mechanisms” that would replace the emergency decree. The measure gives […]

Tags: , , Posted in Middle East

UN Says Ivorian Forces Executed 26 People in Past Month

Posted August 11th, 2011 at 6:55 pm (UTC-5)
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The United Nations says armed forces in Ivory Coast have carried out 26 extrajudicial killings in the past month. The rights representative for the United Nations’ mission in Ivory Coast, Guillaume Ngefa, said Thursday his office has documented more than 100 human rights violations in the county between mid-July and mid-August. He said those included […]

Tags: , Posted in Africa

Gunman Killed After Attack on Estonian Defense Ministry

Posted August 11th, 2011 at 6:45 pm (UTC-5)
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Police in Estonia say a gunman who entered the defense ministry in the capital, Tallin, Thursday was shot and killed when police entered the building and opened fire. A police statement says no one else was injured. Estonian Prime Minister Andrus Ansip identified the dead man as lawyer Karen Drambjan. He was born in 1954 […]

Tags: , , , Posted in Europe

11 Killed in Syrian Raids

Posted August 11th, 2011 at 6:30 pm (UTC-5)
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Syrian forces killed 11 people on Thursday as the government widened its crackdown on dissent to at least two more areas of the country. Activists and witnesses said the deaths occurred in Qusair, a town in the central Homs province, after columns of tanks pushed into the town and government forces opened fire. A second […]

Tags: , , Posted in Middle East

Chavez Says Chemotherapy Going Well

Posted August 11th, 2011 at 6:20 pm (UTC-5)
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Venezuelan President Hugo Chavez says his current round of chemotherapy is going well and that he is “winning the battle” against cancer. In a phone call to Venezuelan state television Thursday, Mr. Chavez said this phase of treatment will end on Friday and that he will return to Venezuela soon. Mr. Chavez also took the […]

Tags: , Posted in Americas

French Market regulator Warns Against Rumors

Posted August 11th, 2011 at 6:10 pm (UTC-5)
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France’s market authority has warned that unfounded rumors are unsettling the stock market, causing bank shares to plummet. The AMF securities regulator Thursday announced a ban on short-selling on select stocks and warned of possible penalties for spreading wrong information and profiting from it. Short selling is profiting from bets on the decline in a […]

Tags: , , , Posted in Economy

US Republican Candidates in Iowa for Debate, Test Vote

Posted August 11th, 2011 at 5:55 pm (UTC-5)
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U.S. Republican presidential candidates are set to hold a televised debate in the central state of Iowa Thursday, ahead of a “straw poll,” or test vote, that could help identify the frontrunners for the 2012 party nomination. Eight candidates will take part in the debate, including former Massachusetts governor Mitt Romney, who is seen as […]

Tags: , , , , Posted in US

Crude Oil Prices Rise

Posted August 11th, 2011 at 4:00 pm (UTC-5)
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Here are the prices of some key commodities traded in New York on Thursday: Crude oil prices rose $2.83 to $85.72 per barrel. Coffee futures were up 6 cents at $2.41 per pound. Cocoa prices rose $9 to $2,856 per ton. Copper prices rose 12 cents to $4.00 per pound. In Chicago trading, wheat prices […]

Tags: Posted in Americas

Obama Urges Passage of Job Creation Bills

Posted August 11th, 2011 at 3:45 pm (UTC-5)
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U.S. President Barack Obama has told workers at a battery plant in Michigan that Americans must pressure Congress to pass bills that will create jobs. He spoke Thursday in Holland, Michigan, at a plant where a $3 million federal grant is expected to create some 150 jobs making batteries for hybrid and electric cars in […]

Tags: , , , Posted in Americas

US, European Stocks Rebound on Positive US Jobs Data

Posted August 11th, 2011 at 3:30 pm (UTC-5)
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U.S. and European stock markets rose sharply on Thursday, rebounding from steep losses the previous day as buyers drew encouragement from a better-than-expected U.S. jobs report. U.S. stock indexes were more than four percent in afternoon trading, while major indexes in London, Paris and Frankfurt closed up about three percent. It was the latest in […]

Tags: , , , Posted in Economy