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Karzai Orders More Security for Afghan Development Projects

Posted August 22nd, 2011 at 1:30 pm (UTC-5)
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Afghanistan’s President Hamid Karzai has ordered more security to protect development projects that have increasingly come under attack by insurgents. President Karzai discussed ways to revive stalled projects during a meeting with his Cabinet on Monday. The Taliban and other militants have attacked workers building roads, bridges and other infrastructure throughout Afghanistan. The government said […]

Tags: , , Posted in South Asia

World Leaders Praise Libyan Rebel Advances

Posted August 22nd, 2011 at 10:50 am (UTC-5)
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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 […]

Tags: , , , Posted in Middle East

US Markets Rise Sharply

Posted August 22nd, 2011 at 10:50 am (UTC-5)
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U.S. stock market indexes made strong gains in Monday’s early trading. The Dow Jones Industrial Average and the S&P 500 advanced 1.4 percent while the NASDAQ jumped 1.6 percent. European stock markets were sharply higher in afternoon trading. London’s Financial Times 100 index and the CAC-40 in Paris moved up 1.6 percent, and the DAX […]

Tags: , , , Posted in Economy

Death Toll Nears 100 in Pakistan’s Karachi

Posted August 22nd, 2011 at 10:25 am (UTC-5)
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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 […]

Tags: , Posted in South Asia

Markets Anticipate Eventual Return Of Libyan Oil Exports

Posted August 22nd, 2011 at 10:25 am (UTC-5)
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The apparent progress toward resolving the conflict in Libya caused a key global oil price to drop sharply on Monday. Prices for a barrel of Brent crude oil fell about $3.50 to as low as $105.15 in London trading. Brent is the benchmark price for about half the world’s oil. Before the rebellion in Libya, […]

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Libyan Rebels Control Most of Capital, Fighting Continues

Posted August 22nd, 2011 at 10:00 am (UTC-5)
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Libyan rebels trying to oust Moammar Gadhafi say they control most of the capital, Tripoli, but shooting continued Monday as pockets of fighters loyal to the Libyan leader were holding out in parts of the city. The rebels said fighting intensified when tanks emerged from Mr. Gadhafi’s Bab al-Aziziya compound and opened fire. The head […]

Tags: , , Posted in Middle East

Serbia Seeks New Stand-by Loan from IMF

Posted August 22nd, 2011 at 9:40 am (UTC-5)
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Serbian government officials have opened discussions with a delegation from the International Monetary Fund as they seek a new stand-by loan for the Balkans country. Serbian Prime Minister Mirko Cvetkovic met with an IMF delegation led by Albert Jaeger Monday in Belgrade. The two men agreed that strict budget restrictions and cutting expenditures at all […]

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Blast Kills 2 Civilians in Southern Afghanistan

Posted August 22nd, 2011 at 9:40 am (UTC-5)
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Police say two civilians were killed Monday when a bomb exploded in a busy market in southern Afghanistan. The blast occurred inside a scrap metal shop in the Gereshk district of Helmand province. In neighboring Uruzgan province, a roadside bomb killed an Australian soldier who was on patrol with Afghan troops Monday. Australian defense officials […]

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Dominican Republic on Alert as Hurricane Irene Approaches

Posted August 22nd, 2011 at 9:20 am (UTC-5)
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The Dominican Republic is on alert as the first Atlantic hurricane of the 2011 season approaches the Caribbean nation after passing over the U.S. territory of Puerto Rico. Forecasters say Hurricane Irene is expected to hit the northern coast of the Dominican Republic on Monday, with maximum winds of 120 kilometers an hour. A tropical […]

Tags: , , , Posted in Americas

UN Driver in Congo Suspected of Trafficking Minerals

Posted August 22nd, 2011 at 9:10 am (UTC-5)
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A United Nations driver in the eastern Democratic Republic of Congo is suspected of trying to smuggle minerals out of the country. Officials in Congo’s North Kivu province say the driver was stopped Sunday evening near the border with Rwanda. They say he was driving a vehicle carrying 1,200 kilograms of cassiterite, the principle ore […]

Tags: , Posted in Africa