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Asian, European Stocks Drop Again on Economy Fears

Posted August 19th, 2011 at 1:50 pm (UTC-5)
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Stock markets fell in Asia and Europe on Friday, as investors showed new concern about the struggling U.S. economy and the stability of the European banking system. Asian stock indexes dropped sharply, and European markets retreated as well, although not as much as on Thursday. U.S. stock indexes were mixed in midday trading, little changed […]

Tags: , , , Posted in Economy

Suspected Maoist Attack Kills 11 Policemen in India

Posted August 19th, 2011 at 1:35 pm (UTC-5)
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Police say suspected Maoist rebels have killed 11 police officers in eastern India. Friday’s attack took place in the Bijapur district of Chhattisgarh state. Police say security personnel were ambushed by Maoists as they patrolled the area. At least five rebels were killed in the ensuing gunfight. While Maoist rebels have infiltrated more than 20 […]

Tags: , Posted in South Asia

US, Chinese Athletes Exchange Souvenirs, Not Blows

Posted August 19th, 2011 at 1:25 pm (UTC-5)
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Members of a Chinese basketball club and a U.S. university team cleared up some of their differences Friday, a day after they fought on a basketball court in Beijing. Players for China’s Bayi Rockets exchanged handshakes with Georgetown University’s coach and two of his players at Beijing airport Friday, and a statement from the school […]

Lebanon Tribunal Widens Probe

Posted August 19th, 2011 at 1:20 pm (UTC-5)
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The U.N.-backed tribunal investigating the 2005 assassination of former Lebanese Prime Minister Rafik Hariri has widened its probe to include attacks on three other politicians that it believes are linked. The tribunal said Friday that it will look into the 2005 killing of former Communist Party chief George Hawi. The group will also investigate a […]

Tags: , Posted in Middle East

Suicide Bombing at Mosque Kills at Least 47 in Pakistan

Posted August 19th, 2011 at 1:10 pm (UTC-5)
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Officials say a suicide bomber has struck a mosque in northwestern Pakistan, killing at least 47 people. The attack occurred as more than 300 people packed into the mosque for Friday prayers in Jamrud, the main town in the Khyber tribal region. Authorities say at least 100 people were wounded in the blast. TV footage […]

Tags: , , , Posted in South Asia

US Stocks Mixed in Midday Trading Friday

Posted August 19th, 2011 at 1:10 pm (UTC-5)
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U.S. stock indexes turned mixed in midday trading Friday, following more losses on Asian and European markets. The Dow Jones Industrial Average is down three-tenths of one percent, while the broader S & P 500 index is off a tenth of a percentage point. The NASDAQ is up one-tenth of a percent. Major European stock […]

Tags: , , , Posted in Economy

Democracy Leader Meets Burma President

Posted August 19th, 2011 at 1:10 pm (UTC-5)
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A Burmese government official says democracy leader Aung San Suu Kyi met Friday with President Thein Sein in the administrative capital Naypyidaw. State-run television showed video of the first meeting between the Nobel peace laureate and Burma’s first civilian president, describing the meeting as friendly. It said the two discussed the possibility of cooperation. Separately, […]

Tags: , , , , Posted in East Asia Pacific

UN Deplores Continued Human Rights Violations in Pakistan

Posted August 19th, 2011 at 1:05 pm (UTC-5)
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The United Nations is urging Pakistan to investigate human rights violations, including several recent attacks on journalists. A spokesman for the U.N. human rights commissioner, Rupert Colville, said Friday the U.N. agency has recently received reports on the killing of a journalist in Baluchistan province and the disappearance of another in the North Waziristan tribal […]

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Militants Storm British Council in Afghan Capital

Posted August 19th, 2011 at 12:50 pm (UTC-5)
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Suicide bombers have stormed Britain’s cultural center in the Afghan capital, triggering hours of fighting that killed nine people, including a NATO soldier. The Taliban claimed responsibility for Friday’s attack, which took place as Afghanistan celebrated the 92nd anniversary of the country’s independence from Britain. The siege of the British Council offices in Kabul began […]

Tags: , , , Posted in South Asia

US: July Unemployment Up in More than Half of States

Posted August 19th, 2011 at 12:45 pm (UTC-5)
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The U.S. says that unemployment increased in more than half of its 50 states in July, an indication that job growth in the world’s largest economy remains weak. The government said Friday that the jobless rate increased in 28 states and the nation’s capital, Washington, last month. Nine states recorded decreases and the unemployment rate […]

Tags: , Posted in Economy