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Pelosi Announces Final Three Members of US Budget Committee

Posted August 11th, 2011 at 1:50 pm (UTC-5)
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A congressional committee on finding measures to reduce the nation’s deficit is complete, now that House of Representatives Minority Leader Nancy Pelosi has announced her three choices. Pelosi said Thursday she has selected the third-ranking House Democrat James Clyburn, Democratic Caucus Vice Chair Xavier Becerra, and the senior Democrat on the House Budget Committee, Chris […]

Tags: , , Posted in Americas

Pfizer Begins Payouts in Nigerian Drug Test Trials

Posted August 11th, 2011 at 1:45 pm (UTC-5)
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U.S.-based pharmaceutical giant Pfizer says it has begun paying victims and families affected by a 1996 drug trial that killed and crippled children in northern Nigeria. Pfizer on Thursday said it made payments of $175,000 to the families of four children who died in the study. The payments were made after relatives provided DNA evidence […]

Tags: , Posted in Africa

Germany Urges Serbia and Kosovo to Resolve Border Dispute

Posted August 11th, 2011 at 1:45 pm (UTC-5)
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Germany’s foreign minister has urged Serbia and Kosovo to quickly resolve their border dispute, saying that Serbia will not be allowed to ethnically partition Kosovo. After meeting with Kosovo Prime Minister Hashim Thaci Thursday in Pristina, Guido Westerwelle said dialogue between the two sides is necessary, and he urged them to overcome ethnic tensions heightened […]

Tags: , Posted in Europe

Female Suicide Bomber, Roadside Blast Kill 7 in Pakistan

Posted August 11th, 2011 at 1:30 pm (UTC-5)
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A female suicide bomber has targeted police at the scene of an earlier bombing Thursday in northwest Pakistan, with both blasts killing seven people. In the first incident, a remote-controlled bomb exploded in a cart as a police vehicle drove by the Lahori area of the city of Peshawar. Five police officers and a child […]

Tags: , , , Posted in South Asia

US Gives Additional $17 Million in Famine Aid

Posted August 11th, 2011 at 1:00 pm (UTC-5)
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The United States has announced an additional $17 million in funding to help Horn of Africa nations deal with regional drought and famine. Secretary of State Hillary Clinton announced Thursday that $12 million of the aid would go to Somalia which has been worst hit by the drought. The United States has so far given […]

Tags: , , , , , Posted in Africa

US Republican Candidates Gather in Iowa for Debate, Test Vote

Posted August 11th, 2011 at 12:50 pm (UTC-5)
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U.S. Republican presidential candidates are gathering for 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 next year’s party nomination. Eight candidates are expected to take part in the debate, including former Massachusetts governor Mitt Romney, who is seen […]

Tags: , , Posted in Americas

Bomb Kills 5 US Soldiers in Afghanistan

Posted August 11th, 2011 at 12:50 pm (UTC-5)
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A roadside bomb has killed five U.S. soldiers in southern Afghanistan, less than a week after 30 American troops were killed in the deadliest single incident for U.S. forces during the decade-long war. U.S. military officials confirmed the nationalities of those killed by an improvised explosive device on Thursday, but did not give further details […]

Tags: , , , Posted in South Asia

Bomb Kills 5 US Soldiers in Afghanistan

Posted August 11th, 2011 at 12:45 pm (UTC-5)
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A roadside bomb has killed five U.S. soldiers in southern Afghanistan, less than a week after 30 American troops were killed in the deadliest single incident for U.S. forces during the decade-long war. U.S. military officials confirmed the nationalities of those killed by an improvised explosive device on Thursday, but did not give further details […]

Tags: , , , Posted in South Asia

Egypt Moves to End Decades Old State of Emergency

Posted August 11th, 2011 at 12:35 pm (UTC-5)
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Egypt has begun steps 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 resignation. The Al-Ahram newspaper quoted Deputy Prime Minister Ali El-Selmi on Thursday as saying the Cabinet has begun “formulating laws and mechanisms” that would replace the emergency decree. The […]

Tags: Posted in Middle East

US Stocks Advance Sharply in Midday Trading Thursday

Posted August 11th, 2011 at 12:30 pm (UTC-5)
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U.S. stock market indexes advanced sharply in midday trading Thursday, one day after a massive sell-off. The Dow Jones Industrial Average is ahead 2.6 percent, while the broader S & P 500 is up nearly 3 percent. The NASDAQ is ahead by 3.2 percent. Major European indexes closed markedly higher. London’s Financial Times index ended […]

Tags: , , , Posted in Economy