Libyan interim government forces have launched what they are calling the “final assault” on the loyalist stronghold of Sirte, while pledging to appoint a new transitional government soon after the strategic coastal city is captured. National Transitional Council fighters seized new territory in and around Sirte on Monday, including the nearby small town of Qasr […]
Libya’s NTC Launches ‘Final Assasult’ on Sirte, Pledges New Interim Govt.
Posted October 3rd, 2011 at 6:00 pm (UTC-5)
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Obama Submits Three Trade Deals to Congress
Posted October 3rd, 2011 at 5:35 pm (UTC-5)
U.S. President Barack Obama has sent three long-delayed trade agreements to Congress for ratification. The deals involve the countries of South Korea, Colombia and Panama. Negotiated by Mr. Obama’s Republican predecessor, President George W. Bush, they are predicted to boost annual U.S. exports by $13 billion. In a White House statement Monday, Mr. Obama said […]
Two Somali Pirates Get Life in US Prison
Posted October 3rd, 2011 at 5:35 pm (UTC-5)
A U.S. court has sentenced two Somali pirates to life in prison for hijacking a yacht in February, leading to the murders of four Americans. Muhidin Salad Omar and Mahdi Jama Mohamed both pled guilty to piracy charges in May, but denied shooting anyone. U.S. Attorney Neil MacBride called Somali piracy a scourge that is […]
Italian Jury Overturns Knox Murder Conviction
Posted October 3rd, 2011 at 4:40 pm (UTC-5)
A jury in Perugia, Italy has overturned the murder conviction of U.S. college student Amanda Knox and ordered her freed from prison. Knox collapsed in tears and the courtroom erupted Monday evening when the decision was read. Knox’s former Italian boyfriend and co-defendant, Raffaele Sollecito, also was exonerated and freed from prison. Knox was appealing […]
Oil Prices Fall
Posted October 3rd, 2011 at 4:35 pm (UTC-5)
Here are the prices of some key commodities traded in New York on Monday: Crude oil prices fell $1.59 to end at $77.61 a barrel. Coffee futures slid more than 5 cents to close at $2.23 a pound. Copper prices dropped one cent to close at $3.14 a pound. Cocoa futures plunged $33 to settle […]
Global Stock Indexes Plunge on Greek Debt Worries
Posted October 3rd, 2011 at 4:32 pm (UTC-5)
World stock markets fell Monday on new worries of a Greek debt default. In the United States, the Dow Jones Industrial Average lost 2.4 percent to close at 10,655. The S&P 500 dropped 2.9 percent to end at 1,099. The NASDAQ fell 3.3 percent to hit 2,336 . European markets closed sharply lower. London’s Financial […]
Obama: US Voters Not “Better Off” Economically
Posted October 3rd, 2011 at 3:45 pm (UTC-5)
U.S. President Barack Obama says he does not think Americans are “better off” economically now than three years ago when he was elected. With the American economy struggling and high unemployment, Mr. Obama said in an Internet interview Monday that he “absolutely” considers himself an underdog against the as-yet unselected Republican presidential nominee in the […]
2011 Nobel Prize in Medicine to Remain Unchanged
Posted October 3rd, 2011 at 3:00 pm (UTC-5)
The Nobel Foundation in Stockholm has announced that the 2011 Nobel Prize for Medicine will remain unchanged despite the death of one of the three laureates, Ralph Steinman. The decision was handed down late Monday following an emergency meeting after it was learned that the Canadian-born Steinman died on Friday following a lengthy battle with […]
Kenyan 2004 Nobel Laureate to be Cremated
Posted October 3rd, 2011 at 2:50 pm (UTC-5)
The family of Wangari Maathai of Kenya has announced the 2004 Nobel peace laureate will be cremated in Nairobi on Saturday. Family spokeswoman Vertistine Mbaya said Monday the cremation is being carried out according to Maathai’s wishes. A tree-planting ceremony will also be held Saturday to commemorate her life. Maathai was Africa’s first woman to […]
Berlusconi Aides To Face Trial For Abetting Prostitution
Posted October 3rd, 2011 at 2:05 pm (UTC-5)
A Milan judge has ordered three of Italian Prime Minister Silvio Berlusconi’s aides to stand trial on charges they allegedly abetted prostitution. The aides — Emilio Fede, Nicole Minetti and Lele Mora — allegedly hired a 17-year-old and other young women for erotic parties at Mr. Berlusconi’s home. They are also accused of establishing contact […]
