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US General Warns Against Large Post-2011 Troop Presence in Iraq

Posted September 9th, 2011 at 6:20 am (UTC-5)
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The top U.S. army general says that if the United States keeps a large amount of troops in Iraq past this year’s deadline to withdraw, they risk being seen by Iraqis as an “occupation force.” General Ray Odierno, who took over this week as army chief of staff, did not advocate a specific number of […]

Tags: Posted in Middle East

Slight Losses on Japan’s Nikkei

Posted September 9th, 2011 at 5:50 am (UTC-5)
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Japanese markets closed lower Friday, while the U.S. dollar is trading higher against the Japanese yen. Tokyo’s Nikkei index lost over one-half of one percent to finish at 8,738. The dollar was selling at 77.58 yen, a gain of a fraction of a yen from Thursday. Gold is trading at $1,879.52 an ounce.

Tags: , Posted in Economy

Mexican Firm Searches For Missing Oil Workers

Posted September 9th, 2011 at 5:01 am (UTC-5)
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Mexico’s state owned Pemex oil company says it is helping in the search for 10 contract workers who went missing in bad weather in the Gulf of Mexico. The employees of U.S. based Geokinetics were conducting seismic studies for Pemex when they were forced to evacuate an oil rig damaged by Tropical Storm Nate on […]

Tags: , Posted in Americas, Economy

Power Outage Puts 5 Million in US, Mexico in the Dark

Posted September 9th, 2011 at 4:50 am (UTC-5)
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Officials are working to restore electricity in southern California, parts of Arizona and northern Mexico after a major power failure cut the lights for more than five million people. Authorities blame a transmission line in Arizona which automatically shut down two reactors at the San Onofre nuclear power plant near San Diego in California. They […]

Tags: , , , Posted in Economy, US

Asian Stocks Mixed

Posted September 9th, 2011 at 4:45 am (UTC-5)
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Asian stock markets closed mixed Friday. Tokyo’s Nikkei index lost over one-half of one percent to finish at 8,738. Hong Kong’s Hang Seng index fell nearly one-quarter of one percent to finish the day’s trading at 19,867. Share prices were higher in Sydney, Taipei and Wellington, but lower in Manila and Shanghai. In currency trading, […]

Tags: , , Posted in Economy

President Obama Outlines $450 Billion Jobs Plan

Posted September 9th, 2011 at 4:41 am (UTC-5)
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U.S. President Barack Obama has urged lawmakers to pass a nearly $450 billion job creation plan combining tax cuts with government spending. President Obama outlined the American Jobs Act in a speech before a joint session of Congress late Thursday. He said the United States is in a “national crisis” and called for immediate action […]

Tags: , , Posted in Economy, US

Erdogan: Turkish Warships Will Escort Aid Vessels to Gaza

Posted September 9th, 2011 at 4:35 am (UTC-5)
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Turkey says warships will accompany any of its vessels carrying humanitarian aid to the Gaza Strip to protect them from Israeli interference. Prime Minister Recep Tayyip Erdogan told al-Jazeera television Thursday that Turkey will continue its attempts to deliver aid to Gaza, but will not allow a repeat of last year’s Israeli raid on the […]

Tags: , , , Posted in Middle East

Inflation Eases Slightly in China in August

Posted September 9th, 2011 at 4:30 am (UTC-5)
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China’s inflation rate fell slightly in August, which could lead policymakers in Beijing to hold off on efforts to tighten the nation’s money supply. The National Bureau of Statistics announced Friday that inflation rose 6.2 percent last month compared to a year earlier, and after reaching a three-year high of 6.5 percent in July. The […]

Russia Steps Up Syrian Diplomacy

Posted September 9th, 2011 at 3:55 am (UTC-5)
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Russian President Dmitry Medvedev has hinted that Moscow may be open to a U.N. Security Council resolution aimed at sending a “strong message” to Syrian President Bashar al-Assad, but only if it also addresses anti-government protesters. Speaking to Euronews television on Thursday, Mr. Medvedev said the Syrian government’s “disproportionate use of force” and “high toll […]

Tags: Posted in Middle East

US Investigates ‘Credible’ 9/11 Anniversary Threat

Posted September 9th, 2011 at 3:45 am (UTC-5)
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U.S. counterterrorism officials are investigating what they call a credible but unconfirmed terror threat planned to coincide with the 10th anniversary of the September 11 terrorist attacks on the United States. Authorities said Thursday they had discovered information suggesting the “credible threat” may focus on Washington or New York. Officials say they suspect three individuals, […]

Tags: , , , Posted in US