Iranian President Mahmoud Ahmadinejad says Tehran is talking to Russia about building another nuclear power reactor. Iran’s only nuclear plant, Russian-built Bushehr nuclear power station, was launched earlier this year. Mr. Ahmadinejad says Iran needs 20 times more energy than Bushehr supplies. He invited other countries to bid to build new power plants in Iran. […]
Iran Seeking to Build More Nuclear Plants
Posted September 23rd, 2011 at 4:50 pm (UTC-5)
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Obama to Meet Honduran Leader at White House
Posted September 23rd, 2011 at 4:44 pm (UTC-5)
U.S. President Barack Obama is scheduled to meet with his Honduran counterpart, Porfirio Lobo, next month for bilateral talks at the White House. Regional economic and security issues also will be discussed when the two leaders meet October 5, according to a White House statement issued Friday. Honduras’s efforts to restore democratic and constitutional order […]
Oil Price Edges Lower
Posted September 23rd, 2011 at 4:40 pm (UTC-5)
Here are the prices of some key commodities traded in New York on Friday: Crude oil prices slid 66 cents to end at $79.85 a barrel. Coffee futures dropped nearly 8 cents to close at $2.31 a pound. Copper prices fell nearly 21 cents to close at $3.27 a pound. Cocoa futures dropped $46 to […]
US Stocks Advance Slightly in Midday Trading Friday
Posted September 23rd, 2011 at 4:36 pm (UTC-5)
U.S. stock indexes advanced modestly Friday, a day after markets plunged. The Dow Jones Industrial Average rose four-tenths of percent to end at 10,771. The S&P 500 jumped six-tenths of a percent to hit 1,136 while the NASDAQ rose 1.1 percent to close at 2,483. European stock markets closed higher. London’s Financial Times 100 index […]
Palestinians Launch UN Statehood Bid, Israel Calls For Immediate Peace Talks
Posted September 23rd, 2011 at 4:15 pm (UTC-5)
Palestinian leader Mahmoud Abbas has asked the United Nations to recognize a state of Palestine, despite U.S. and Israeli opposition against the bid. Addressing the U.N. General Assembly after receiving a standing ovation, the president of the Palestinian Authority called Israel “the occupying power” and said its control of Palestinian enclaves is a policy of […]
South Sudan, Japanese PM Debut at UN
Posted September 23rd, 2011 at 4:08 pm (UTC-5)
The world’s newest country made its debut before the U.N. General Assembly, warning it is in dire need of help. South Sudan President Salva Kiir addressed the U.N. body for the first time Friday, saying his country’s “march out of the abyss of poverty” will take time, since there is little or no infrastructure. Mr. […]
IMF: Economy Hit By Crisis of Confidence
Posted September 23rd, 2011 at 4:05 pm (UTC-5)
The head of the International Monetary Fund says the global economy is in the grip of a “crisis of confidence” and urged nations to move quickly and act together to solve problems. IMF Managing Director Christine Lagarde spoke Friday, as finance ministers and central bankers from around the world gathered in Washington for talks with […]
Venezuela’s Chavez Back Home After Chemotherapy in Cuba
Posted September 23rd, 2011 at 3:39 pm (UTC-5)
Venezuelan President Hugo Chavez has returned home after completing what he says is a final round of chemotherapy to treat his cancer. President Chavez said after arriving from Cuba that the chemotherapy sessions have been successful and that he feels as if he has been “born again.” Mr. Chavez underwent three rounds in Cuba and […]
Oil Price Edges Lower
Posted September 23rd, 2011 at 3:35 pm (UTC-5)
Here are the prices of some key commodities traded in New York on Friday: Crude oil prices slid 66 cents to end at $79.85 a barrel. Coffee futures dropped nearly 8 cents to close at $2.31 a pound. Copper prices fell nearly 21 cents to close at $3.27 a pound. Cocoa futures dropped $46 to […]
U.S. Lawmakers Question Solyndra Executives
Posted September 23rd, 2011 at 3:30 pm (UTC-5)
Two top executives of a bankrupt solar panel company appeared before a U.S. congressional hearing Friday, but invoked their right not to answer questions. Members of House Energy and Commerce Committee questioned Solyndra chief executive Brian Harrison and chief financial officer W.G. Stover about the federal loan guarantee the company received before going bankrupt. But […]
