U.S. stock indexes plunged in Thursday’s trading, echoing losses on European and Asian markets. The Dow Jones Industrial Average fell 3.7 percent to close at 10,991. The S & P 500 dropped 4.5 percent to end at 1,141, while the NASDAQ composite index slid 5.2 percent to finish at 2,380. Stocks closed sharply lower in […]
Oil Prices Plunge
Posted August 18th, 2011 at 4:15 pm (UTC-5)
Here are the prices of some commodities traded in New York on Thursday: Crude oil prices fell more than $5 to close at $82.38 a barrel. Coffee prices gained 1 cent to end at $2.65 per pound. Copper prices retreated 6 cents to finish at $3.96 a pound. Cocoa futures moved down $32 to end […]
New War Crimes Trial Starts for Kosovo Ex-PM
Posted August 18th, 2011 at 4:05 pm (UTC-5)
The former prime minister of Kosovo, Ramush Haradinaj, is back on trial at the international war crimes tribunal in The Hague, in the court’s first partial retrial for war crimes. Prosecutor Paul Rogers told judges at the opening of the trial Thursday that during the fighting in Kosovo in the late 1990s, victims were murdered […]
Oil Prices Plunge
Posted August 18th, 2011 at 3:45 pm (UTC-5)
Here are the prices of some commodities traded in New York on Thursday: Crude oil prices fell more than $5 to close at $82.38 a barrel. Coffee prices gained 1 cent to end at $2.65 per pound. Copper prices retreated 6 cents to finish at $3.96 a pound. Cocoa futures moved down $32 to end […]
Foreign Students on Summer Visas Protest Work at US Company
Posted August 18th, 2011 at 3:30 pm (UTC-5)
Hundreds of students who came to the United States for a cultural exchange program are alleging that the program has amounted to a little more than working in strenuous jobs for low wages. The students, from countries including China, Ukraine and Turkey, this week walked off the job with chocolate maker Hershey in the eastern […]
Israel Retaliates Following Attacks Near Sinai
Posted August 18th, 2011 at 3:10 pm (UTC-5)
Israel carried out airstrikes in the southern Gaza Strip late Thursday after blaming Gaza militants for a series of deadly attacks in southern Israel. Israeli Prime Minister Benjamin Netanyahu, in a televised address, warned that anyone who attacks Israel will pay a “very heavy price.” The Israeli airstrikes are reported to have killed six people, […]
US & European Stocks Plunge; Gold Surges
Posted August 18th, 2011 at 3:05 pm (UTC-5)
Stock prices plunged on U.S. and European exchanges Thursday, as the DAX index in Germany fell almost 7 percent at one point, and the U.S. benchmark Dow index was off more than 4 percent. Losses on both exchanges eased somewhat in later trading. The sell-off followed forecasts of lower economic growth and continuing worries about […]
Libyan Rebels Claim Control of Key Refinery
Posted August 18th, 2011 at 2:55 pm (UTC-5)
Libyan rebels say they have taken control of a strategic oil refinery west of Tripoli and seized a nearby town. Rebels said Thursday that they had gained control of the refinery in Zawiya, a town about 50 kilometers west of the capital. Residents say opposition forces control most of the town. The government denies the […]
Lawyer: Jailed Ukrainian Opposition Leader Too Sick for Trial
Posted August 18th, 2011 at 2:35 pm (UTC-5)
The lawyer for former Ukrainian Prime Minister Yulia Tymoshenko says his client wants to be seen by her own doctor for an undisclosed illness that he said struck quite suddenly. Ms. Tymoshenko and her lawyer were back in a Kyiv court Thursday for her weeks-long trial on abuse of power. It is not clear what […]
Pakistani Police Release Sketch of American’s Alleged Captor
Posted August 18th, 2011 at 2:30 pm (UTC-5)
Police in Pakistan have released a sketch of a possible suspect in the kidnapping of an American from his home in the eastern city of Lahore. Development expert Warren Weinstein was snatched by eight gunmen on August 13 after they overpowered security guards and broke into his house. The black-and-white sketch released to Pakistani media […]
