Forces loyal to former Libyan leader Moammar Gadhafi launched a series of counterattacks Monday, including a surprise raid that killed 15 guards at a key oil refinery in the coastal city of Ras Lanuf. A group of loyalist sympathizers working at the refinery set the facility on fire. The port was then targeted by a […]
Gadhafi Forces Counterattack in Libya
Gunmen Kill 22 Shi’ite Pilgrims in Iraq
Iraqi officials say 22 Shi’ite pilgrims were shot dead in a remote desert area of western Anbar province. The pilgrims were travelling on a bus to a Syrian shrine and appear to have been shot at a checkpoint set up by the gunmen. No further details were available.
Rwandan and French Presidents Meet; Try to Put Genocide Behind Them
Rwandan President Paul Kagame was welcomed in Paris by his French counterpart as the two countries try to move beyond bitterness over Rwanda’s 1994 genocide. French President Nicolas Sarkozy hosted Mr. Kagame in the Elysee Palace Monday where the two had a working lunch. Mr. Kagame said after the lunch that the two leaders discussed […]
Britain, Russia Set Aside Differences, Sign Business Deals
British Prime Minister David Cameron and Russian leaders set aside their political differences Monday to sign multi-million dollar business deals during a rare visit to Moscow by a British leader. Mr. Cameron’s day-long visit was the first by a British leader in six years. He clinched business deals worth about $340 million. The British leader […]
Sri Lanka Civil War Report to go to UN Rights Council
U.N. officials say the Secretary-General will soon refer a report about alleged war crimes in Sri Lanka’s recent civil war to the global body’s Human Rights Council, a move that could lead to an international investigation of the conflict. The officials said Monday Ban Ki-moon is likely to send the report – published in April […]
Pakistani PM in Iran to Boost Ties
Pakistani Prime Minister Yousuf Raza Gilani held talks with Iranian President Mahmoud Ahmadinejad in Tehran Monday aimed at boosting bilateral ties. Mr. Gilani, who is heading a high-ranking delegation, said after the talks the two sides agreed to enhance cooperation in a wide range of fields, including the fight against terrorism, trade, economy, and the […]
Oil Price Edges Up
Here are the prices of some key commodities traded in New York on Monday: Crude oil prices increased 95 cents to close at $88.19 a barrel. Coffee prices rose more than 2 cents to end at $2.74 per pound. The price of copper fell nearly four cents to finish at $3.95 a pound. Cocoa futures […]
Obama to Visit Australia in November
The White House says President Barack Obama will travel to Australia in November to mark this year’s 60th anniversary of the security alliance between the United States and Australia. The trip is the middle part of a three-legged journey during which Mr. Obama will host the Asia Pacific Economic Cooperation forum in Hawaii and join […]
European, Asian Markets Tumble on Greek Default Fears
European and Asian stock markets fell Monday and the value of the euro plunged as investors worry that Greece would not be able to pay back its bailout loans. European shares hit their lowest point in more than two years, with exchanges in London, Paris and Frankfurt all falling sharply. German Economy Minister Philipp Roesler […]
US Stocks Rose In Monday’s Trading
U.S. stock indexes were higher at the close of trading on Monday. The Dow Jones Industrial Average gained six-tenths of a percent to finish at 11,061. The S&P 500 jumped seven-tenths of a percent to hit 1,162 while the NASDAQ advanced 1.1 percent to end at 2,495. European stock markets finished sharply lower. London’s Financial […]