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Oil Price Falls

Posted September 2nd, 2011 at 4:10 pm (UTC-5)
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Here are the prices of some key commodities traded in New York on Friday: Crude oil fell $2.48 to close at $86.45 a barrel. Coffee dropped more than a penny to settle at $2.89 per pound. Copper fell more than 3 cents to finish at $4.11 a pound. Cocoa futures jumped $32 to end the […]

Tags: , , Posted in Economy

Turkey Agrees to Host NATO Radar System

Posted September 2nd, 2011 at 4:00 pm (UTC-5)
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Turkey has agreed to deploy an early warning radar system by the end of the year as part of NATO’s missile defense program for Europe. It is aimed at countering the threat of missile attacks from Iran. Turkish military officials said Friday the technical negotiations of the deployment of the defense system in Turkey have […]

Tags: , , Posted in Europe

Oil Price Falls

Posted September 2nd, 2011 at 3:35 pm (UTC-5)
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Here are the prices of some key commodities traded in New York on Friday: Crude oil fell $2.48 to close at $86.45 a barrel. Coffee dropped more than a penny to settle at $2.89 per pound. Copper fell more than 3 cents to finish at $4.11 a pound. Cocoa futures jumped $32 to end the […]

Tags: Posted in Economy

US Gulf Coast Bracing for Rain as Storm Approaches

Posted September 2nd, 2011 at 2:45 pm (UTC-5)
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A tropical storm over the Gulf of Mexico is set to bring massive amounts of rain to the U.S. Gulf Coast. Forecasters upgraded the weather system from a tropical depression to a tropical storm, named Lee, on Friday. The system is the 12th named storm of the 2011 Atlantic hurricane season. Lee’s approach has already […]

Tags: , , , Posted in US

WikiLeaks Publishes All its US Diplomatic Cables

Posted September 2nd, 2011 at 2:30 pm (UTC-5)
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The anti-secrecy website WikiLeaks has released its full archive of more than 250,000 U.S. State Department cables — many of them uncensored. The State Department says the release could jeopardize the lives of sensitive sources, including opposition figures. WikiLeaks staff members could not be reached Friday for comment. But WikiLeaks said this week it decided […]

Tags: Posted in Europe

Rights Groups Urge Nepal to Drop Plans for Civil War Amnesty

Posted September 2nd, 2011 at 2:15 pm (UTC-5)
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Local and international rights groups are urging Nepal’s new prime minister to ensure that those who committed crimes during the country’s civil war be held accountable. In an open letter Friday to Prime Minister Baburam Bhattarai, the rights groups expressed concern about a recent political agreement to grant amnesty to those accused of human rights […]

Tags: , , Posted in South Asia

US Stocks Fall Sharply in Midday Trading Friday

Posted September 2nd, 2011 at 1:50 pm (UTC-5)
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U.S. stock indexes fell sharply in midday trading Friday after the government reported that the American economy added no new jobs in August. The Dow Jones Industrial Average of 30 key stocks is down 1.8 percent, while the broader S&P 500 is off 2.1 percent. The technology-laden NASDAQ is down 2.2 percent. European stocks fell […]

Tags: , , , Posted in Economy

Russia Urges Regional Solution to Afghan Issue

Posted September 2nd, 2011 at 1:40 pm (UTC-5)
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Russia is calling on Afghanistan and other central Asian nations to take more responsibility for the fate of the volatile region. Russian President Dmitry Medvedev spoke Friday after meeting the leaders of Afghanistan, Pakistan and Tajikistan in the Tajik capital, Dushanbe. Mr. Medvedev also announced Russia and Tajikistan will sign a deal to extend Russia’s […]

Tags: , , Posted in Europe

US Drops Plan to Tighten Smog Rules

Posted September 2nd, 2011 at 1:20 pm (UTC-5)
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President Barack Obama has abandoned plans to impose tighter air quality rules in the United States, saying they would have imposed burdensome regulations on businesses when the country’s economy is already on shaky footing. Mr. Obama ordered government environmental regulators on Friday to stop implementation of a plan that soon would have required U.S. industries, […]

Tags: , , Posted in Economy

UN Watchdog ‘Concerned’ About Iran’s Nuclear Program

Posted September 2nd, 2011 at 1:00 pm (UTC-5)
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The U.N.’s nuclear watchdog agency says it is becoming “increasingly concerned” that Iran is secretly developing a nuclear payload for a missile. The assessment is in an International Atomic Energy Agency report circulated to the media on Friday. The Associated Press says the agency cited “member states” that had provided credible and comprehensive information concerning […]

Tags: , Posted in Middle East