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 Urges Congress to Pass Jobs Bill
Posted September 12th, 2011 at 3:10 pm (UTC-5)
U.S. President Barack Obama is urging Congress to pass his $447 billion proposal aimed at creating jobs and steering the world’s biggest economy away from another recession. The president said he is sending the legislation to Congress Monday and that lawmakers should pass it immediately — without delay or politics. With construction workers, teachers, police […]
Heavy Flooding Kills Hundreds in Pakistan, India
Posted September 12th, 2011 at 2:51 pm (UTC-5)
Seasonal rains and flooding have killed more than 200 people and made thousands more homeless in Pakistan and eastern India. Zafar Qadir, the head of Pakistan’s disaster management authority, said Monday that at least 200 people have been killed and more than five million affected by monsoon rains in his country. The flooding has inundated […]
Long-dead Swindler Plays a Role in US Presidential Politics
Posted September 12th, 2011 at 2:47 pm (UTC-5)
As odd as it may seem, the name of a long-dead financial swindler named Charles Ponzi has worked its way into the U.S. political debate over who should be the Republican nominee in next year’s election against President Barack Obama – a Democrat. Ponzi was a 1903 Italian immigrant to the U.S., arriving on its […]
Only Hockey Player to Survive Russian Plane Crash Dies
Posted September 12th, 2011 at 2:20 pm (UTC-5)
The only player to survive the plane crash that killed the rest of a top Russian ice hockey team has died. Alexander Galimov died Monday of severe burns. On the day of the crash last Wednesday, 43 of the 45 people on board were killed, including 28 players and coaches and staff of the Lokomotiv […]
UN Nuclear Chief ‘Concerned’ About Iran’s Nuclear Ambitions
Posted September 12th, 2011 at 2:10 pm (UTC-5)
The head of the U.N. nuclear agency says he is “increasingly concerned” about new intelligence on Iran’s controversial nuclear program. International Atomic Energy Agency chief Yukiya Amano said Monday, at the start of a five-day board meeting, that the agency is worried about Tehran’s possible warhead experiments. He added that while Iran had shown “greater […]
Guatemala Presidential Vote Heads to Second Round
Posted September 12th, 2011 at 1:50 pm (UTC-5)
Guatemala’s presidential election will head to a second round after a former army general promising a crackdown on the country’s rampant crime failed to secure a majority of votes. With most of the ballots counted from Sunday’s first round, election officials said Monday Otto Perez Molina led the poll with more than 36 percent of […]
Britain, Russia State Differences, Sign Business Deals
Posted September 12th, 2011 at 1:50 pm (UTC-5)
British Prime Minister David Cameron and Russian leaders set aside their political differences Monday to sign multi-million dollar business deals in 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, and clinched business deals worth about $340 million. The British leader […]
At Least 75 Killed in Kenya Pipeline Blast
Posted September 12th, 2011 at 1:35 pm (UTC-5)
Kenyan officials say a massive gasoline pipeline explosion in the capital has killed at least 75 people and injured more than 100 others. Authorities say the trouble began Monday morning after a valve on the pipeline burst, causing fuel to spill into an open sewer in the densely populated Sinai slum. People rushed to the […]
5 Killed in Italian Fireworks Factory Blast
Posted September 12th, 2011 at 1:15 pm (UTC-5)
At least five people have been killed in an explosion at an Italian fireworks factory. The blast occurred Monday at the factory in Arpino, about 115 kilometers southeast of Rome. The owners of the factory were among those killed. Rescue workers were still searching the wreckage for a sixth person. It is unclear what caused […]
