Senior Russian military officers are in North Korea for talks on boosting military ties, as an armored train carrying North Korean leader Kim Jong-IL rumbled through Russia’s Far East toward a Siberian summit with Russian President Dmitry Medvedev. The two leaders are to meet later this week near Lake Baikal, in Mr. Kim’s first visit […]
N. Korean Leader Heads for Russian Summit
Posted August 22nd, 2011 at 1:30 pm (UTC-5)
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Death Toll Nears 100 in Pakistan’s Karachi
Posted August 22nd, 2011 at 1:30 pm (UTC-5)
Nearly a week of political and ethnic violence has killed at least 91 people in Pakistan’s largest city. Police say the bodies of at least 11 people who were shot or tortured to death have been brought to government hospitals in Karachi since Sunday. Pakistani Prime Minister Yousuf Raza Gilani traveled to the southern port […]
Identity of Libyan Rebels Somewhat of a Mystery
Posted August 22nd, 2011 at 1:30 pm (UTC-5)
Over the past several months, one Western nation after another turned against Libyan leader Moammar Gadhafi and recognized the opposition Transitional National Council as Libya’s legitimate government. Recognition of the TNC’s role came despite lingering questions about the group’s composition and its plans for Libya’s future. In announcing U.S. recognition of the TNC July 15, […]
World Leaders Praise Libyan Rebel Advances
Posted August 22nd, 2011 at 1:30 pm (UTC-5)
World leaders are applauding the rebel advance into Libya’s capital, Tripoli, as a step toward ending violence in the country and beginning a democratic future. The United States, the European Union, Britain and Italy all have said Libyan leader Moammar Gadhafi’s rule is coming to an end, and they have urged the Libyan leader to […]
South Africa Denies Sending Planes for Gadhafi
Posted August 22nd, 2011 at 1:30 pm (UTC-5)
South Africa says it has not sent planes to Libya to help embattled leader Moammar Gadhafi flee the country. In a statement Monday, the South African government said it wished to dispel rumors that South African aircraft will fly Colonel Gadhafi and his family to an undisclosed location. Foreign Minister Maite Nkoana-Mashabane told reporters that […]
Washington’s Martin Luther King Jr Memorial Opens to Public
Posted August 22nd, 2011 at 1:30 pm (UTC-5)
The memorial dedicated to U.S. civil rights leader Martin Luther King Jr. has opened to the public, ahead of an official dedication ceremony on Sunday . Located on Washington’s National Mall, the memorial site features a 9-meter-tall statue of King and a long granite wall inscribed with key quotations from the minister, civil rights activist […]
Price of Gold Hits New Record, Edging Toward $1,900
Posted August 22nd, 2011 at 1:30 pm (UTC-5)
The price of gold has hit a new record as its edged toward $1,900 an ounce. The cost of the precious metal reached nearly $1,898.60 in New York trading Monday before retreating a bit. The price of gold has jumped 15 percent in the first three weeks of August as investors view its purchase as […]
US Markets Rise
Posted August 22nd, 2011 at 1:30 pm (UTC-5)
U.S. stock market indexes made strong gains in Monday’s midday trading. The Dow Jones Industrial Average rose seven-tenths of a percent. The S&P 500 advanced half a percent while the NASDAQ jumped six-tenths of a percent. European stock markets were mixed at the close of trading. London’s Financial Times 100 index rose 1.1 percent to […]
Germany Is Trimming Its Deficit Faster Than Expected
Posted August 22nd, 2011 at 1:30 pm (UTC-5)
Germany, with Europe’s biggest economy, says it is balancing its budget faster than expected. The German government says it expects its budget deficit to be cut to 1.5 percent this year, two years earlier than required by the European Union, and that its budget will be balanced by 2014. The deficit reached 3.3 percent last […]
Germany Is Trimming Its Deficit Faster Than Expected
Posted August 22nd, 2011 at 1:30 pm (UTC-5)
Germany, with Europe’s biggest economy, says it is balancing its budget faster than expected. The German government says it expects its budget deficit to be cut to the equivalent of 1.5 percent of its national output this year. That is two years earlier than required by the European Union, and should bring a balanced budget […]
