U.S. President Barack Obama says China has been “gaming” the international trading system by intervening in the foreign exchange markets to make its currency cheaper. He says the action hurts U.S. companies by making their goods more expensive in China and giving Chinese-made goods a price advantage on U.S. markets. Mr. Obama spoke Thursday in […]
China Currency Bill Advances In US Senate
Posted October 6th, 2011 at 12:20 pm (UTC-5)
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For First Time, US Home Loans Below 4 Percent
Posted October 6th, 2011 at 12:00 pm (UTC-5)
For the first time, interest rates on the most common home loans in the United States have fallen below 4 percent. A large government-supported mortgage financing company, Freddie Mac, said Thursday that the average rate on traditional 30-year loans to buy a house has fallen to 3.94 percent. That is the lowest rate the company […]
Britain Rejects War Crimes Warrant For Israeli Politician
Posted October 6th, 2011 at 12:00 pm (UTC-5)
Britain’s chief prosecutor has blocked an attempt to serve visiting Israeli politician Tzipi Livni with an arrest warrant for war crimes, stemming from her time as Israel’s foreign minister. The decision by Director of Public Prosecutions Keir Starmer Thursday comes weeks after Britain revised its law on universal jurisdiction. The revised law allows British courts […]
Obama Urges US Congress to Pass Jobs Bill
Posted October 6th, 2011 at 11:50 am (UTC-5)
U.S. President Barack Obama is urging Congress to pass his $447 billion jobs proposal, saying it will boost economic growth and put people back to work. He told reporters at the White House Thursday that the American people need help and the economy needs a “jolt” right now. He says the economy is too fragile […]
Pakistan’s Supreme Court Orders Action on Karachi Violence
Posted October 6th, 2011 at 11:45 am (UTC-5)
Pakistan’s Supreme Court is calling on political parties in Karachi to cut all ties to criminal groups that it blames for “unimaginable brutalities” in the country’s financial capital. The court issued its review Thursday of what is believed to be the worst ethnic and political violence in Karachi since the army intervened in street battles […]
Anglican Chief to Visit Church Under Attack in Zimbabwe
Posted October 6th, 2011 at 11:40 am (UTC-5)
The head of the worldwide Anglican church is due to visit Zimbabwe, where a rebel bishop has been seizing church property. The Archbishop of Canterbury, Rowan Williams, began a weeklong, three-nation visit to southern Africa on Thursday with a stop in Malawi. Williams is due to be in Zimbabwe on Sunday, and has requested meetings […]
Abbas to Europe: Palestinians Deserve Same Support as Arab Spring
Posted October 6th, 2011 at 11:30 am (UTC-5)
Palestinian President Mahmoud Abbas is urging European nations to support what he calls a “Palestinian Spring” by endorsing his bid to secure U.N. membership for an independent Palestine. In a speech Thursday to the Council of Europe in Strasbourg, Mr. Abbas said Palestinians seek freedom from Israeli occupation and deserve the same support that European […]
Nobel Peace Prize Has Long History
Posted October 6th, 2011 at 11:20 am (UTC-5)
The Royal Swedish Academy of Sciences awards the 2011 Nobel Peace Prize on Friday. But when the winner of the prestigious award is announced, he or she will join a large group of well known and sometimes controversial recipients. The Nobel Prizes were created by Alfred Nobel, the inventor of dynamite. However, the invention he […]
Obama Urges US Congress to Pass Jobs Bill
Posted October 6th, 2011 at 11:15 am (UTC-5)
U.S. President Barack Obama is urging Congress to pass his $447 billion jobs proposal, saying it will boost economic growth and put people back to work. He told reporters at the White House Thursday that the American people need help and the economy needs a “jolt” right now. He says the economy is too fragile […]
Turkey Evacuates Somali Blast Victims
Posted October 6th, 2011 at 11:10 am (UTC-5)
The Turkish government says it has evacuated 36 Somalis wounded in this week’s deadly suicide attack in the Somali capital, Mogadishu. A Turkish foreign ministry spokesman told VOA on Thursday that Ankara expects to transfer as many patients as possible from Somalia to hospitals in his country. Al-Shabab militants have claimed responsibility for the education […]
