Hurried diplomatic efforts to rally votes for Palestinian statehood, and words of support for the transitioning Libyan state marked the opening day of the United Nations General Assembly’s annual meeting. More than 100 world leaders gathered Tuesday at the United Nations in New York City for the 66th annual session of the General Assembly. The […]
Libya, Palestinian Statehood Top UN General Assembly Agenda
Posted September 20th, 2011 at 1:27 pm (UTC-5)
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African Union Recognizes Libya’s Transitional Gov’t
Posted September 20th, 2011 at 1:25 pm (UTC-5)
The African Union has recognized Libya’s National Transitional Council as the official representative of the Libyan people, dealing another blow to embattled leader Moammar Gadhafi. The 54-member bloc said Tuesday it is ready to support the NTC as it works to form an inclusive government. Equatorial Guinea President Teodoro Obiang Nguema, who holds the AU’s […]
Suicide Bomb Kills Afghan Former President and Peace Council Chief
Posted September 20th, 2011 at 1:05 pm (UTC-5)
A suicide bomber has killed former Afghan President Burhanuddin Rabbani, who was spearheading peace efforts with the Taliban. The blast occurred late Tuesday at Mr. Rabbani’s home in Kabul. Police say the bomber arrived at the former president’s house with a senior member of the council, Masoom Stanekzai, to talk about the peace process. The […]
Yemen VP Calls for Ceasefire After Deadly Clashes
Posted September 20th, 2011 at 12:53 pm (UTC-5)
Witnesses say Yemen’s capital was mostly quiet late Tuesday after Vice President Abed Rabbo Mansour Hadi called for a cease-fire to end clashes that have killed more than 60 people in recent days. The Associated Press says the vice president negotiated a truce between government forces and dissident troops with the help of several foreign […]
IMF Downgrades US Economic Forecast, Urges ‘Credible Fiscal Policy’
Posted September 20th, 2011 at 12:53 pm (UTC-5)
The International Monetary Fund says the U.S. economy is struggling to overcome “sluggish” growth due to an unresolved government debt crisis and weaknesses in the housing market and household finances. In a report released Tuesday, the IMF downgraded its forecast for U.S. economic growth this year to 1.5 percent, one percentage point lower than its […]
US Stocks Advance in Midday Trading Tuesday
Posted September 20th, 2011 at 12:50 pm (UTC-5)
U.S. stock indexes moved up in midday trading Tuesday. The Dow Jones Industrial Average of 30 key stocks is ahead nine-tenths of one percent, while the broader S&P 500 is up one percent. The technology-laden NASDAQ is ahead by eight-tenths of a percent. European stock prices closed sharply higher. London’s Financial Times index ended up […]
Slain Former Afghan President Led Peace Efforts
Posted September 20th, 2011 at 12:45 pm (UTC-5)
As head of Afghanistan’s High Peace Council, former President Burhannudin Rabbani was tasked with leading efforts to find a political solution to the ten-year war with the Taliban. Afghan President Hamid Karzai appointed the council in October of 2010. The 68-member body made up of tribal elders, religious leaders, and politicians was set up to […]
World Powers Meet to Outline Future Roles in Libya
Posted September 20th, 2011 at 12:28 pm (UTC-5)
United Nations Chief Ban Ki-moon says Libya is facing “large” challenges, with peace and security being the top priorities. The Secretary-General commented on Tuesday at the start of a U.N. meeting in New York of world powers deciding on Libya’s future course. The meeting comes less than a week after the U.N. Security Council voted […]
Slain Former Afghan President Led Peace Efforts
Posted September 20th, 2011 at 12:15 pm (UTC-5)
As head of Afghanistan’s High Peace Council, former President Burhannudin Rabbani was tasked with leading efforts to find a political solution to the ten-year war with the Taliban. Afghan President Hamid Karzai appointed the council in October of 2010. The 68-member body made up of tribal elders, religious leaders, and politicians was set up to […]
IMF: World Economy Entering ‘Dangerous New Phase’
Posted September 20th, 2011 at 12:10 pm (UTC-5)
The International Monetary Fund is sharply downgrading its outlook for the global economy, saying it is entering a “dangerous new phase.” The IMF said Tuesday that the recovery from the world recession has “weakened considerably,” and cut its growth forecasts for almost every geographic region. It said that the overall global economy will grow by […]
