Showing Archived Posts

Libyan Foreign Minister Rebuffs Scotland Request For Lockerbie Bombing Information

Posted September 26th, 2011 at 4:51 pm (UTC-5)
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Libya’s interim justice minister says the case is closed on the bombing of a U.S.-bound jetliner that killed 270 people when it exploded over Lockerbie, Scotland. Mohammed al-Alagi was speaking to reporters Monday when he was asked about Scotland’s request for additional information in the terror bombing. Scottish authorities had asked the National Transitional Council […]

Tags: , , , Posted in Europe

Russian Finance Minister Quits After Dispute With Medvedev

Posted September 26th, 2011 at 4:40 pm (UTC-5)
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Russian Finance Minister Alexei Kudrin has resigned following a conflict with President Dmitry Medvedev over apparent plans to have the president and prime minister swap jobs in next year’s election. Kudrin had criticized the government’s economic policies and said he would not serve in a new government if Mr. Medvedev became prime minister and Prime […]

Tags: , , , Posted in Europe

Burmese Protesters Hold Rare Gatherings

Posted September 26th, 2011 at 4:30 pm (UTC-5)
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Small groups of democracy activists gathered Monday in Rangoon to mark the fourth anniversary of the so-called Saffron protests. Truckloads of riot police were seen in the city telling people not to assemble, but there were no reports of violence. Dozens of protestors gathered briefly for a prayer vigil in the city, but a planned […]

Tags: , , , Posted in East Asia Pacific

US Markets Advance Monday

Posted September 26th, 2011 at 4:15 pm (UTC-5)
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U.S. stock indexes advanced in Monday’s trading. The Dow Jones Industrial Average gained 2.5 percent to close at 11,044. The S&P 500 jumped 2.3 percent to finish at 1,163 while the NASDAQ advanced 1.4 percent to end at 2,517. European stock markets also closed higher. London’s Financial Times 100 index ended up half a percent […]

Tags: , , , Posted in Economy

Pakistan Not to Launch Haqqani Offensive

Posted September 26th, 2011 at 4:03 pm (UTC-5)
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News reports quote Pakistani officials as saying the military will not launch an offensive against the terrorist Haqqani network, despite growing pressure from Washington to do so. CNN quoted an unnamed Pakistani military official Monday as saying the military has decided not to target the Haqqani network because it is stretched too thin battling militants […]

Tags: , , , Posted in South Asia

U.S. Congress In Budget Impasse, As Government Shutdown Looms

Posted September 26th, 2011 at 3:59 pm (UTC-5)
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Republicans and Democrats in the U.S. Congress are stuck once again in a budget impasse that is threatening aid for flood victims and could lead to a partial government shutdown later this week. Senate Democrats are meeting Monday to come up with an alternative to a seven-week spending authorization passed by the Republican-controlled House and […]

Tags: , , , Posted in US

Sarkozy Confers With Allies After French Left Takes Majority in Senate

Posted September 26th, 2011 at 3:56 pm (UTC-5)
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French President Nicolas Sarkozy has met with his top political allies after the opposition Socialist Party and its left-leaning allies won a majority in the Senate for the first time in modern history. The results of Sunday’s parliamentary elections give the Socialists 177 Senate seats — two more than they needed for an absolute majority. […]

Tags: , , , Posted in Europe

Obama Again Urges Congress to Pass Jobs Plan

Posted September 26th, 2011 at 3:43 pm (UTC-5)
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U.S. President Barack Obama repeatedly urged Congress to pass his jobs plan during a town-hall meeting on Monday in the U.S. high-tech capital, Silicon Valley in California. Mr. Obama said passing his $450 billion job bill is the most important thing that can be done to get Americans back to work. He said Americans can […]

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Oil Price Edges Up

Posted September 26th, 2011 at 3:40 pm (UTC-5)
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Here are the prices of some key commodities traded in New York on Monday: Crude oil prices edged up 39 cents to end at $80.24 a barrel. Coffee futures rose more than 4 cents to close at $2.36 a pound. Copper prices increased less than a cent to close at $3.28 a pound. Cocoa futures […]

Tags: Posted in Economy

Kenyan Nobel Laureate Maathai Dies

Posted September 26th, 2011 at 3:35 pm (UTC-5)
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Global leaders are honoring the late Wangari Maathai of Kenya, the first African woman to win the Nobel Peace Prize. Maathai died at a Nairobi hospital on Sunday after a long battle with cancer. She was 71. The Nobel Committee awarded Maathai the peace prize in 2004, citing her stand against Kenya’s former oppressive government […]

Tags: , , , , Posted in Africa