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4 EU Countries Ban Short-Selling of Stocks

Posted August 12th, 2011 at 2:40 am (UTC-5)
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France, Italy, Spain and Belgium have banned the short-selling of stocks to calm market turmoil aggravated by rumors about Europe’s huge debts. The European Union markets supervisor made the announcement late Thursday after two days of volatile trading caused French bank stocks to rise and fall by huge amounts. The bans on short-selling in the […]

Tags: , Posted in Economy, Europe

UN Leader Express Concern Over Civilian Casualties in Libya

Posted August 12th, 2011 at 2:35 am (UTC-5)
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United Nations Secretary-General Ban Ki-moon has expressed concern over the rising number of civilian casualties in Libya’s ongoing conflict between rebel fighters and government loyalists. In a statement Thursday, the secretary-general called on all sides to “exercise extreme caution in their actions, in order to minimize any further loss of civilian life.” Ban also said […]

Tags: Posted in Middle East

Tokyo Stocks, Dollar Slip

Posted August 12th, 2011 at 2:30 am (UTC-5)
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Japanese share prices ended slightly lower Friday, while the dollar slipped against the yen. Tokyo’s Nikkei index dipped two-tenths of a percent , to close at 8,964. In currency trading, the dollar was selling at 76.82 yen, down slightly from late Thursday. The Taipei market lost 1.06 percent , to close at 7,637.

Woman Pleads Guilty to Faking Guatemala Kidnapping

Posted August 12th, 2011 at 2:00 am (UTC-5)
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A Virginia woman has pleaded guilty in a U.S. court to faking her own kidnapping in Guatemala to extort money from her family in the United States. U.S. prosecutors say 34 year old Sheena Flores was living in Guatemala with a child last year when she told her family she had been abducted and would […]

Tags: , Posted in Americas

US Republican Candidates Square off in Iowa Debate

Posted August 12th, 2011 at 1:45 am (UTC-5)
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The eight declared candidates for the U.S. Republican Party’s presidential nomination used a nationally televised debate Thursday to blast President Barack Obama’s economic record, while aiming their rhetoric at each other. The debate at the Iowa State University in the city of Ames was staged just days before a key straw poll, or test vote, […]

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Yemen’s President Considering Transition Plan

Posted August 12th, 2011 at 1:35 am (UTC-5)
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Yemen’s President Ali Abdullah Saleh has again expressed willingness to consider a plan by the Gulf Cooperation Council that would allow for a peaceful transition of power in his embattled country. President Saleh told members of his General Congress People’s party visiting him in Saudi Arabia on Thursday that he is looking for a way […]

Tags: Posted in Middle East

South Korea Rescues 7 North Korean Fishermen

Posted August 12th, 2011 at 12:35 am (UTC-5)
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South Korea’s navy said Friday that it rescued four North Koreans and returned three others to the North after their fishing boats drifted south of the maritime line between the two countries near the island of Baengnyeong. Defense Ministry officials said that four men were rescued Thursday from two boats that were in danger of […]

Tags: , Posted in East Asia Pacific

British PM Unveils Anti-Riot Measures

Posted August 12th, 2011 at 12:15 am (UTC-5)
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Britain’s prime minister says he will look to the United States for solutions to gang violence, following almost a week of riots that erupted in London and other cities across Britain. David Cameron said Thursday he would seek advice from U.S. cities that have fought gangs, including Boston, Los Angeles and New York. Mr. Cameron […]

Tags: , Posted in Europe

16 Killed in Syrian Raids

Posted August 12th, 2011 at 12:10 am (UTC-5)
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Forces loyal to Syrian President Bashar al-Assad killed at least 16 people people on Thursday as the government widened its crackdown on dissent to at least two more towns, defying Western calls for an end to the violence. Activists and witnesses said at least 11 of the deaths occurred in Qusair, after columns of tanks […]

Tags: Posted in Middle East