Here are the prices of some commodities traded in New York on Tuesday: Crude oil prices dropped more than $1 to close at $86.65 a barrel. Coffee prices gained 6 cents to end at $2.52 per pound. Copper prices fell 4 cents to finish at $3.99 a pound. Cocoa futures advanced $59 to end the […]
Gunmen Attack Police Stations in Nigeria Killing 7 People
Posted August 16th, 2011 at 3:35 pm (UTC-5)
Nigerian authorities say gunmen attacked two police stations in separate parts of the country’s north late Monday, killing seven people. Authorities released details of the attacks Tuesday. In the deadliest incident, the assailants fired on a police station in the town of Tambuwal in northwestern Nigeria’s Sokoto state, killing four officers and two civilians. In […]
Dutch Shell: Second Leak Found in North Sea Spill
Posted August 16th, 2011 at 3:25 pm (UTC-5)
Royal Dutch Shell says it is struggling to contain the worst North Sea oil spill in a decade, after a second leak was found in an oil line near the company’s platform off the Scottish coast. The new discovery comes one day after the Netherlands-based oil company said it had the leak “under control.” Before […]
Biden Headed to China for Economic Talks
Posted August 16th, 2011 at 3:10 pm (UTC-5)
Concerns about the health of the world’s largest economy are expected to top the agenda during a new round of talks between the United States and China. U.S. Vice President Joe Biden left Washington Tuesday for a trip that will take him first to China and then to Mongolia and Japan. Biden is scheduled to […]
Obama Calls on US Lawmakers to Focus on American People
Posted August 16th, 2011 at 3:00 pm (UTC-5)
President Barack Obama has accused some members of Congress of focusing on next year’s elections, instead of passing legislation to help the American people. The president spoke at a rural economic forum in the state of Iowa Tuesday on the second day of a three-day bus tour of the U.S. midwest. In an apparent reference […]
China Denies Seeing Downed US Stealth Helicopter
Posted August 16th, 2011 at 2:50 pm (UTC-5)
China says it never got a look at a downed U.S. helicopter used in the raid that killed al-Qaida leader Osama bin Laden. A statement posted on the Chinese Ministry of Defense website Tuesday called allegations that Pakistan had given China access to the wreckage totally unfounded and extremely absurd. The New York Times and […]
Arrest of Anti-Corruption Activist Sparks Protest Across India
Posted August 16th, 2011 at 2:50 pm (UTC-5)
Protests erupted across India on Tuesday after police arrested a prominent social activist in an effort to halt a public hunger strike to demand tougher anti-corruption legislation. Authorities say Anna Hazare was detained early Tuesday at a New Delhi apartment after he refused to limit the duration and size of his protest. Officials say an […]
Israel Charges Al-Jazeera Journalist with Belonging to Hamas
Posted August 16th, 2011 at 2:40 pm (UTC-5)
Israel is holding a journalist for the al-Jazeera television network on charges that he belongs to the Palestinian militant group Hamas. Al-Jazeera’s Kabul bureau chief Samer Allawi appeared before an Israeli military judge Tuesday and was told of the accusations. He denied the charges. Al-Jazeera’s Arabic-language network says Israeli authorities arrested Allawi on August 10 […]
Poland Dismisses 2 Prosecutors for Exposing Belarus Activist
Posted August 16th, 2011 at 2:35 pm (UTC-5)
Poland has dismissed two prosecutors who played a role in giving Belarus financial data about leading human rights activist Ales Belyatsky – information which led to his arrest. Earlier this month, financial police in Minsk arrested Belyatsky and charged him with tax evasion. The move came after Polish prosecutors shared the details of a bank […]
