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US Tries Women Accused of Funding Somali Terror Group

Posted October 3rd, 2011 at 10:50 am (UTC-5)
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The trial has begun for two American women charged with raising money and recruiting fighters for the Somali militant group al-Shabab. Jury selection began Monday in the U.S. city of Minneapolis for the trial of 35-year-old Amina Farah Ali and 64-year-old Hawo Mohamed Hassan. Prosecutors say the women, who are both of Somali descent, collected […]

Tags: , , , , Posted in Africa

2011 Nobel Prize in Medicine Under Review

Posted October 3rd, 2011 at 10:50 am (UTC-5)
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The 2011 Nobel Prize for Medicine has been awarded to three scientists for their work increasing understanding of the immune system, but the award was complicated Monday by news that one of the prize winners died three days ago. The award, announced Monday in Stockholm , went to Bruce Beutler of the United States, Jules […]

Tags: , , , Posted in Europe

India Rethinks Controversial Poverty Benchmark

Posted October 3rd, 2011 at 10:45 am (UTC-5)
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Indian officials say social benefits will not be limited to those who make less than 50 cents a day in rural areas and 66 cents a day in urban areas. Planning Commission head Montek Singh Ahluwalia said Monday that government entitlements should go beyond the controversial poverty benchmark proposed last month by the federal government. […]

Tags: , Posted in Economy, South Asia

Libya’s Interim Prime Minister Plans to Leave Post

Posted October 3rd, 2011 at 10:40 am (UTC-5)
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Libya’s interim prime minister says he will leave his post once Moammar Gadhafi’s hometown is captured, as the National Transitional Council reshuffles its cabinet. NTC head Mustafa Abdel Jalil told reporters in Benghazi Monday that the Council has made some Cabinet changes and will reveal them soon. Meanwhile, interim prime minister Mahmoud Jabril said Monday […]

Tags: , , Posted in Middle East

Global Stock Indexes Plunge on Greek Debt Worries

Posted October 3rd, 2011 at 10:15 am (UTC-5)
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World stock markets fell Monday on new worries of a Greek debt default. In early trading in the United States, both the Dow Jones Industrial Average and the S&P 500 indexes are off five-tenths of one percent. The NASDAQ is down seven-tenths of a percent. European markets plunged in afternoon trading. London’s Financial Times 100 […]

Bangladesh War Crimes Tribunal Indicts Islamic Leader

Posted October 3rd, 2011 at 10:10 am (UTC-5)
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A special court in Bangladesh has charged an Islamic leader with committing war crimes during the country’s 1971 war of independence from Pakistan. The tribunal in Dhaka Monday indicted 71-year-old Delwar Hossain Sayedee on 20 counts of murder, rape, looting, arson and forcibly converting Hindus to Islam. Sayedee, a senior leader of Bangladesh’s Jamaat-e-Islami party, […]

Tags: , , , , Posted in South Asia

Hong Kong Regulators Fine Citigroup

Posted October 3rd, 2011 at 10:05 am (UTC-5)
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Hong Kong regulators have fined Citigroup $770,000 for failing to promptly report a Ponzi scheme run by an employee under “the nose” of company officials. The Securities and Futures Commission said a former licensed representative of the bank was responsible for a fraudulent scheme involving 13 clients. The employee was fired, and the company says […]

Tags: , , Posted in Economy

Hundreds Killed in Worst Mekong Flooding Since 2000

Posted October 3rd, 2011 at 9:40 am (UTC-5)
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More than 150 people have died in Cambodia and southern Vietnam in the worst flooding along the Mekong River in 11 years. Officials in both countries say flood waters have inundated thousands of hectares of farm land, swamped homes, washed away bridges and forced thousands of people to evacuate. The situation could get worse if […]

Tags: , Posted in East Asia Pacific

US Terror Suspect to Appear in Court in Aerial Bomb Plot on Washington

Posted October 3rd, 2011 at 9:35 am (UTC-5)
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A U.S. citizen accused of plotting to attack the Pentagon and U.S. Capitol with remote-controlled planes carrying explosives is due to appear in a federal court Monday for a bail hearing. Twenty-six year old Rezwan Ferdaus was arrested last Wednesday after undercover federal agents delivered materials that he allegedly requested for use in the plot. […]

Tags: , , Posted in Americas

World Markets Roiled by New Greek Default Fears

Posted October 3rd, 2011 at 9:35 am (UTC-5)
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Asian and European stock markets fell sharply Monday because of new fears that Greece might soon default on its bailout loans from last year. Hong Kong’s Hang Seng exchange dropped more than 4 percent, and the London, Paris and Frankfurt markets all plunged. Investors moved to sell stocks after the Athens government said Sunday it […]

Tags: , , , Posted in Economy, Europe