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Palestinians Plan to Submit UN Bid Next Week

Posted September 15th, 2011 at 7:40 am (UTC-5)
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A Palestinian official says the Palestinians will present their bid next week for state recognition at the United Nations, as Western envoys continue to push for a revival of Israeli-Palestinian peace talks. Foreign Minister Riad al-Malki said Thursday that Palestinian President Mahmoud Abbas will submit the application on September 23, as the U.N. General Assembly […]

Renewed Clashes Kill 3 in Yemeni Capital

Posted September 15th, 2011 at 7:12 am (UTC-5)
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Renewed clashes between troops loyal to Yemeni President Ali Abdullah Saleh and opposition tribesmen have killed at least three people in a northern district of the capital, Sana’a, as violence continued in the country’s volatile south. Residents said artillery and automatic weapons fire was concentrated early Thursday near the home of a prominent anti-Saleh tribal […]

Tags: Posted in Middle East

Unseasonable Heat Sparks Widespread Blackouts in South Korea

Posted September 15th, 2011 at 7:11 am (UTC-5)
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Millions of South Koreans were left without power Thursday after unseasonable temperatures pushed up demand while many of the country’s power plants were shut down for maintenance. The Ministry of Knowledge Economy said officials were surprised by the hot weather, which caused increased use of cooling systems. Temperatures in many parts of South Korea rose […]

Norwegian Cruise Ship Evacuated After Engine Room Fire

Posted September 15th, 2011 at 7:11 am (UTC-5)
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The Norwegian fjord cruise ship Nordlys was evacuated Thursday after a fire broke out in the engine room. The ship was at sea near the port of Aalesund in western Norway when the fire started. Some of the more than 200 passengers aboard the ship were evacuated in lifeboats, while the rest left the Nordlys […]

Tags: , , , Posted in Europe

Leaders of Britain, France Visit Libya for Talks

Posted September 15th, 2011 at 7:06 am (UTC-5)
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British Prime Minister David Cameron and French President Nicolas Sarkozy are in Libya for talks with the country’s interim government, becoming the first foreign heads of state to visit the nation since the overthrow of former leader Moammar Gadhafi. The two leaders, who arrived Thursday, were scheduled to hold talks with National Transitional Council Chairman […]

Tags: , , Posted in Middle East

Asia Markets Close Mostly Higher

Posted September 15th, 2011 at 7:05 am (UTC-5)
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Major Asian stock markets closed mostly higher Thursday. Tokyo’s Nikkei index gained just over one and one-quarter percent to finish at 8,669. Hong Kong’s Hang Seng index rose nearly three-quarters of one percent to finish the day’s trading at 19,181. Share prices were higher in Bangkok, Manila, Mumbai, Seoul, Singapore, Sydney and Taipei, but lower […]

Tags: , Posted in Economy

Police Arrest Man In Swiss Bank Trading Fraud Probe

Posted September 15th, 2011 at 6:50 am (UTC-5)
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Police in London say they have arrested a man accused in a trading scheme that allegedly cost Swiss bank UBS about $2 billion. Police say the man was taken into custody Thursday on the suspicion of abusing his position to commit fraud. UBS had announced earlier Thursday that actions of the suspected rogue trader could […]

Tags: , , Posted in Europe

Palestinians Plan to Submit UN Bid Next Week

Posted September 15th, 2011 at 6:40 am (UTC-5)
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A Palestinian official says the Palestinians will present their bid next week for state recognition at the United Nations, as Western envoys continue to push for a revival of Israeli-Palestinian peace talks. Foreign Minister Riad al-Malki said Thursday that Palestinian Prime Minister Mahmoud Abbas will submit the application on September 23, as the U.N. General […]

Tags: , Posted in Middle East

Belgian Parties Clear Hurdle Toward Forming Government

Posted September 15th, 2011 at 6:35 am (UTC-5)
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Belgium’s Dutch- and French-speaking parties say they have reached an agreement on a key issue toward forming a new government 15 months after the election. The eight parties said Thursday they have a deal on splitting up an electoral district in the bilingual Brussels area. They released a joint statement that talks on economic and […]

Tags: , , Posted in Europe

Japan’s Nikkei Rebounds

Posted September 15th, 2011 at 6:25 am (UTC-5)
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Japanese markets closed higher Thursday, while the U.S. dollar is trading slightly higher against the Japanese yen. Tokyo’s Nikkei index gained just over one and one-quarter percent to finish at 8,669. The dollar was selling at 76.67 yen, up slightly from Wednesday. Gold is trading at $1,807.57 an ounce.

Tags: , , Posted in Economy