) A massive explosion has rocked the United Nations building in the Nigerian capital, Abuja, killing at least seven people. Medical workers and witnesses at the scene say rescuers rushed to pull survivors and bodies from the rubble. The United Nations has confirmed that a bomb caused the explosion on Friday morning. The site is […]
7 Killed in Massive Blast at UN Building in Nigerian Capital
Posted August 26th, 2011 at 8:15 am (UTC-5)
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Eastern US Braces for Hurricane Irene
Posted August 26th, 2011 at 8:00 am (UTC-5)
Government officials are scrambling to prepare for a powerful hurricane heading toward the U.S. east coast. The governors of North Carolina, Virginia, Maryland, Delaware, New Jersey and New York have declared states of emergency to free up resources ahead of Hurricane Irene, which is expected to make landfall in North Carolina on Saturday. President Barack […]
Rahul Gandhi Slams Anti-Graft Fast
Posted August 26th, 2011 at 7:50 am (UTC-5)
The heir to India’s most powerful political family warned Friday that the country’s democracy was under threat from a popular anti-corruption campaign spearheaded by fasting activist Anna Hazare. Rahul Gandhi told parliament Friday that Hazare’s use of a hunger strike to force lawmakers to adopt an anti-corruption bill set “a dangerous precedent for a democracy.” […]
Large Explosion Near UN Building in Abuja
Posted August 26th, 2011 at 7:10 am (UTC-5)
) The United Nations says there has been a bomb attack at its offices in the Nigerian capital Abuja. Police say the blast occurred in the same vicinity as several other diplomatic buildings including the U.S. embassy. There are multiple witness accounts of casualties, but authorities have not confirmed a death or injury toll.
European Markets Lower at Midday
Posted August 26th, 2011 at 7:00 am (UTC-5)
European stock markets were lower in midday trading Friday. London’s Financial Times 100 index was down seven-tenths of a percent , to 5,096. The CAC-40 in Paris was down eight-tenths of a percent , to 3,093. And the DAX in Frankfurt was down 1.95 percent , at 5,475. The S&P futures contract was up slightly […]
Warren Buffet Makes Major Investment in Largest US Bank
Posted August 26th, 2011 at 6:50 am (UTC-5)
Noted U.S. businessman Warren Buffett is investing $5 billion in the nation’s largest financial institution, Bank of America, which is facing potentially huge losses over its home mortgage business. Shares of Bank of America have plummeted over fears the bank is vulnerable over its 2008 purchase of mortgage lender Countrywide Financial, the company whose reckless […]
Nigerian Police Say Large Explosion Near United Nations Building in Abuja
Posted August 26th, 2011 at 6:40 am (UTC-5)
The United Nations says there has been a bomb attack at its offices in the Nigerian capital Abuja. Police say the blast occurred in the same vicinity several other diplomatic buildings including the U.S. embassy. There are no immediate reports of damage or casualties.
Libya’s Rebel Government Moving Base to Tripoli
Posted August 26th, 2011 at 6:30 am (UTC-5)
The Libyan rebels’ interim government has started operating in the capital, Tripoli, moving its base from Benghazi, where the revolution to topple Colonel Moammar Gadhafi began months ago. The move comes as some opposition fighters pour into Tripoli to help combat the remnants of pro-Gadhafi forces, and others advance toward the Libyan leader’s hometown of […]
Asian Markets Close Mostly Lower
Posted August 26th, 2011 at 6:25 am (UTC-5)
Asian stock markets closed mostly lower Friday. Tokyo’s Nikkei index gained three-tenths of a percent , to close at 8,798. Hong Kong’s Hang Seng index dropped nine-tenths of a percent , to end at 19,583. Elsewhere, share prices were lower in Shanghai, Sydney, Mumbai, Singapore, Kuala Lumpur, Jakarta, Wellington and Manila. Markets closed higher in […]
Danish PM Sets Parliamentary Elections Next Month
Posted August 26th, 2011 at 5:55 am (UTC-5)
Danish Prime Minister Lars Loekke Rasmussen announced Friday the parliamentary elections will be held on September 15th. Mr. Rasmussen has led Denmark’s center-right minority coalition government since 2009. Polls show Mr. Rasmussen’s party could face some stiff competiton from the opposing Social Democrats in the upcoming elections.
