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China Shuts Down US Operated Oil Field

Posted September 2nd, 2011 at 10:10 am (UTC-5)
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Beijing is ordering a U.S.-based oil company to stop drilling in one of China largest offshore fields, accusing the firm of failing to plug an ongoing leak. China’s State Oceanic Administration Friday told ConocoPhillips to stop production at the Penglai 19-3 oil field in Bohai Bay. It said the U.S. company’s efforts to repair the […]

Tags: , , Posted in East Asia Pacific, Economy

Greek Recession Deepens, Complicating Its Deficit Reduction

Posted September 2nd, 2011 at 9:50 am (UTC-5)
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Greece says its recessionary economy may shrink 5 percent this year, making it more difficult for the debt-ridden government to meet its pledge to reduce its deficit. The country’s economic plight led to a break-off in talks Friday between Greek financial officials and inspectors from the International Monetary Fund, the European Union and the European […]

Tags: , Posted in Economy, Europe

Earthquake Hits Alaska’s Aleutian Islands

Posted September 2nd, 2011 at 9:45 am (UTC-5)
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An earthquake struck the Aleutian Islands in the far northwestern U.S. state of Alaska Friday, prompting a tsunami warning for the remote region that was later canceled. The U.S. Geological Survey says the earthquake occurred in the Pacific Ocean early Friday at a depth of about 35 kilometers. The agency initially recorded the quake’s magnitude […]

Tags: , , , , Posted in US

6 Killed at Protests in Syria

Posted September 2nd, 2011 at 9:45 am (UTC-5)
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Syrian forces have opened fire on anti-government protesters, killing at least six people. Rights activists say Friday’s deaths occurred in areas includinge flashpoint central province of Homs. Activists say they are protesting under the banner of “death rather than humiliation” as they renew calls for President Bashar al-Assad’s resignation. One rally took place outside of […]

Tags: , , Posted in Middle East

US Gulf Coast Bracing for Rain as Storm Approaches

Posted September 2nd, 2011 at 9:35 am (UTC-5)
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The U.S. state of Louisiana has declared a state of emergency as a powerful storm approaches from the Gulf of Mexico. The National Hurricane Center says a tropical depression is located less than 400 kilometers southwest of the mouth of the Mississippi River, with maximum winds of 55 kilometers an hour. Forecasters expect it to […]

Tags: , , , Posted in US

US Job Growth Stalls

Posted September 2nd, 2011 at 9:30 am (UTC-5)
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Job growth stalled in the U.S. economy in August, leaving the unemployment rate at a relatively high 9.1 percent. Friday’s report from the Labor Department shows no net gain of jobs in August, compared to an estimated net gain of 85,000 in July. Most economists had predicted the figures would show at least some gains […]

Tags: , , , Posted in Economy

Protesters Rally in Syria, Despite Security Force Presence

Posted September 2nd, 2011 at 9:05 am (UTC-5)
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Anti-government protesters have staged rallies in Syria although security forces surrounded some mosques in an effort to prevent demonstrators from taking to the streets after Friday prayers. Activists say they are protesting under the banner of “death rather than humiliation” as they renew calls for President Bashar al-Assad’s resignation. The French News Agency says one […]

Tags: , , Posted in Middle East

Alaska Earthquake Shakes Aleutian Islands

Posted September 2nd, 2011 at 8:50 am (UTC-5)
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An earthquake with an initial 7.1 magnitude has struck the Aleutian Islands in the far northwestern U.S. state of Alaska, prompting a tsunami warning that was later canceled for the remote region. The U.S. Geological Survey says the earthquake occurred in the Pacific Ocean early Friday at a depth of about 35 kilometers. The epicenter […]

Tags: , , Posted in US

US Job Growth Stalls

Posted September 2nd, 2011 at 8:45 am (UTC-5)
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Job growth stalled in the U.S. economy in August, leaving the unemployment rate at a relatively high 9.1 percent. Friday’s report from the Labor Department shows no net gain of jobs in August, compared to an estimated net gain of 85,000 in July. Most economists had predicted the figures would show at least some gains […]

Tags: , , , Posted in Economy

Sri Lanka Survey Finds More Elephants Than Expected

Posted September 2nd, 2011 at 8:10 am (UTC-5)
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A new survey finds that Sri Lanka’s elephant population remains healthy, despite decades of fighting during the island nation’s civil war. Wildlife Conservation Department Director H.D. Ratnayake said Friday that Sri Lanka has some 5,879 wild elephants. The previous population estimate was 5,350 elephants. Ratnayake told reporters the new figure shows that the country’s elephants […]

Tags: , Posted in South Asia