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Suspicious Cylinder Found in Washington

Posted October 6th, 2011 at 10:50 am (UTC-5)
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Police in Washington, D.C. have found a suspicious cylinder on a street near the U.S. Capitol building and are trying to determine what it is. Officials say the device was loaded Thursday into a specialized truck operated by a bomb squad and taken to a site outside Washington for investigation. A police statement offered no […]

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Europe Leaves Key Interest Rate Unchanged

Posted October 6th, 2011 at 10:40 am (UTC-5)
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Europe’s central bank has decided to leave its benchmark interest rate unchanged, even as the continent’s economy weakens. But its British counterpart has decided to pump more money into the British economy in an effort to stave off a new recession. The European Central Bank said Thursday it considered lowering its key lending rate of […]

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US Stocks Gain After Open

Posted October 6th, 2011 at 10:35 am (UTC-5)
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U.S. stocks showed moderate gains in Thursday’s early trading. The Dow Jones Industrial Average was up two-tenths of one percent, the S&P 500 gained three-tenths of a percent while the NASDAQ was up half a percent. European stock prices also showed gains Thursday afternoon. London’s Financial Times index rose 2 percent. The CAC-40 in Paris […]

Tags: , , , Posted in Economy

Pakistan: Afghanistan Should Refrain From Playing Politics

Posted October 6th, 2011 at 10:30 am (UTC-5)
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Pakistan is calling on Afghanistan to refrain from “playing politics” following Afghan allegations of Pakistani involvement in recent high-profile attacks. Afghanistan’s intelligence agency has said that the assassination of the country’s top peace envoy, former President Burhanuddin Rabbani, was planned in Pakistan and carried out by a Pakistani citizen. Islamabad has denied the allegations and […]

Tags: , Posted in South Asia

NATO Says Air Mission Will Continue in Libya

Posted October 6th, 2011 at 10:00 am (UTC-5)
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French Defense Minister Gerard Longuet says the NATO air campaign in Libya will continue as long as there are pockets of resistance, and until the provisional government asks for the airstrikes to end. He spoke Thursday in Brussels, where NATO defense ministers have been evaluating the Libya mission as part of a two-day meeting. Longuet […]

Tags: , , Posted in Middle East

UN Raises Death Toll in Syrian Violence

Posted October 6th, 2011 at 9:55 am (UTC-5)
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The United Nations has raised the death toll in Syria’s crackdown on dissent. The U.N. human rights office said Thursday that more than 2,900 people have died in the unrest, now in its seventh month. The U.N. put the death figures last month at 2,700. Meanwhile, the London-based Syrian Observatory for Human Rights said fighting […]

Tags: , , Posted in Middle East

US Jobless Benefit Claims Edged Up Last Week

Posted October 6th, 2011 at 9:10 am (UTC-5)
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More jobless workers in the U.S. sought government financial assistance last week, the latest signal that the American economy is still struggling. The government said Thursday that 401,000 workers made initial claims for unemployment compensation, up 6,000 from the week before. Economists say that the weekly figure has to consistently fall to 375,000 or less […]

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Renewed Clashes Erupt in Yemeni Capital

Posted October 6th, 2011 at 9:05 am (UTC-5)
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Clashes have erupted in the Yemeni capital, Sana’a, between government forces and supporters of tribal leaders who oppose President Ali Abdullah Saleh. Witnesses said Thursday that the fighting began late Wednesday. The French news agency quotes witnesses who say the two sides exchanged machine gun and mortar fire. The clashes involve loyalists to General Ali […]

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South Sudan: 22 Million Barrels of Oil Sold Since Independence

Posted October 6th, 2011 at 9:00 am (UTC-5)
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The new nation of South Sudan says it has sold 22 million barrels of crude oil for export since its split from the north three months ago. The country’s petroleum and mining ministry says the value of the exports totals more than $2.1 billion. A ministry statement says the oil is being transported to buyers […]

Tags: , , Posted in Africa, Economy

BBC To Cut 2,000 Jobs Over Next Five Years

Posted October 6th, 2011 at 9:00 am (UTC-5)
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The British Broadcasting Corporation has announced plans to cut 2,000 jobs over the next five years as part of the government’s efforts to reduce a record deficit. BBC Director General Mark Thompson told the staff Thursday the decision followed a nine-month consultation with staff on ways to save money. Thompson said the 20 percent budget […]

Tags: , , , Posted in Economy, Europe