U.S. stock market indexes soared in Monday’s trading, the third session of strong gains. The Dow Jones Industrial Average advanced 1.9 percent to end at 11,483. The S&P 500 rose 2.2 percent to hit 1,204 and the NASDAQ gained 1.9 percent to close at 2,555. European stock markets were higher at the close of trading. […]
Crude Oil Prices Rise
Posted August 15th, 2011 at 4:05 pm (UTC-5)
Here are the prices of some commodities traded in New York on Monday: Crude oil prices jumped $2.50 to close at $87.88 a barrel. Coffee prices gained more than 5 cents to end at $2.46 per pound. Copper prices rose 2 cents to finish at $4.03 a pound. Cocoa futures advanced $23 to end the […]
Iraq Attacks Kill 63
Posted August 15th, 2011 at 3:35 pm (UTC-5)
Bombings and attacks hit 17 Iraqi cities Monday, killing at least 63 people and wounding hundreds of others. Iraqi officials say suicide bombings and other explosions struck targets from the northern city of Kirkuk, to the capital, Baghdad, to the southern city of Kut. Authorities say the worst violence was in Kut, where two explosions […]
ECB Spends $32 billion to Back Italy, Spain
Posted August 15th, 2011 at 3:15 pm (UTC-5)
The European Central Bank says it spent almost $32 billion on government debt last week to prop up the bond markets of Spain and Italy. The news comes just one day before the leaders of Germany and France meet in Paris to discuss the debt crisis sweeping the 17-nation eurozone. Both German Chancellor Angela Merkel […]
Argentine President Sweeps Open Primary
Posted August 15th, 2011 at 3:10 pm (UTC-5)
Argentine President Cristina Fernandez de Kirchner looks set to win a second term in October after defeating her rivals in an open primary Sunday. With nearly all the polling places reporting, President Fernandez had just over 50 percent of the vote, while her two closest rivals trailed by at least 37 percentage points. Voters chose […]
Militants Attack Military Supply Depot in Afghanistan
Posted August 15th, 2011 at 3:05 pm (UTC-5)
Afghan officials say militants have attacked a supply depot near an international military base in southern Afghanistan, killing at least three people. Kandahar provincial spokesman Zalmai Ayubi said insurgents armed with explosives Monday stormed the compound operated by Netherlands-based Supreme Group, which supplies fuel to the military. The compound is near the main foreign base […]
Biden Travels to China to Discuss Economic Issues
Posted August 15th, 2011 at 3:00 pm (UTC-5)
U.S. Vice President Joe Biden leaves Washington Tuesday on an overseas trip that will take him first to China and then to Mongolia and Japan. Biden’s talks in Beijing with his Chinese counterpart, Vice President Xi Jinping, will focus on the economy. They are expected to discuss China’s concern about the U.S. deficit and Washington’s […]
British-Nigerian Footballer Pleads for Return of Missing Dad
Posted August 15th, 2011 at 2:55 pm (UTC-5)
British and Nigerian football player John Obi Mikel has appealed for the safe return of his father, who went missing in central Nigeria last week. Michael Obi, who runs a transport company, was last seen Friday in the city of Jos. Representatives for Mikel, who plays for the Chelsea football team, said Monday the father […]
Alleged Military Coup Plotters Stand Trial in Turkey
Posted August 15th, 2011 at 2:45 pm (UTC-5)
Twenty-eight military officers, including a four-star general, have gone on trial in Turkey in connection with an alleged plot to overthrow the country’s Islamic-rooted government — the first time a serving general has been brought in front of a civilian court. General Bilgin Balanli appeared Monday before the court, along with the 27 other officers, […]
Turkey Tells Syria to Stop Civilian Bloodshed
Posted August 15th, 2011 at 2:45 pm (UTC-5)
Turkey has warned neighboring Syria that its military operations against civilians “must end immediately and unconditionally.” Turkish Foreign Minister Ahmet Davutoglu said this “is our final word to the Syrian authorities.” He spoke to reporters in Ankara as the Syrian military was reported to be shelling residential areas in the port city of Latakia. It […]
