The U.S. government says bank failures in the country over the next four years will cost $19 billion in insurance payments to cover losses for depositors. While the figure is substantial, government officials said Tuesday the projected losses are less than those predicted earlier. In 2010 alone, the government insurance fund paid out $23 billion […]
US Says Bank Failures Will Cost $19 Billion Through 2015
Posted October 11th, 2011 at 4:25 pm (UTC-5)
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Liberia’s Second Post-War Election Peaceful
Posted October 11th, 2011 at 4:25 pm (UTC-5)
Voting has wrapped up peacefully in Liberia’s national elections, the second since the end of a 14-year civil war. Election observers told VOA that voting had proceeded smoothly despite heavy rains in some parts of the country. President Ellen Johnson Sirleaf is facing a tough fight for a second term, just days after receiving the […]
Serbian Diplomat Sentenced for Helping Suspect Flee US
Posted October 11th, 2011 at 4:15 pm (UTC-5)
A Belgrade court has sentenced a former Serbian diplomat for helping a college basketball player flee the United States after beating another student into a coma. Igor Milosevic, who was a Serbian consul in New York, will spend 18 months in prison. He was convicted on charges of helping Miladin Kovacevic get emergency travel documents […]
US: Iran’s Revolutionary Guard Play Role in Alleged Terror Plot
Posted October 11th, 2011 at 4:15 pm (UTC-5)
The United States says a member of Iran’s Revolutionary Guard Corps is suspected of playing a role in an alleged plot revealed Tuesday to assassinate the Saudi ambassador to the U.S. Iran Tuesday called the U.S. allegations a fabrication. But the U.S. says the Revolutionary Guard is involved in plotting terror worldwide. The Revolutionary Guard […]
UN: Opium Production on Rise in Afghanistan
Posted October 11th, 2011 at 4:10 pm (UTC-5)
The United Nations says Afghanistan’s opium production may rise by more than two-thirds this year compared to last, as financial insecurity and high opium prices lead more farmers to grow illicit poppies. In a survey released Tuesday, the U.N. Office on Drugs and Crime also said cultivation of the opium poppy jumped 7 percent in […]
Macedonia’s Census Commission Call For Halt to Tally
Posted October 11th, 2011 at 4:10 pm (UTC-5)
The commission carrying out Macedonia’s census project says its members have resigned and it has called for the count to be halted. The commission issued a statement Tuesday saying procedural differences would prevent the report from presenting accurate data about the number of people and families living in Macedonia. The census count, which started October […]
Oil Price Rises
Posted October 11th, 2011 at 4:10 pm (UTC-5)
Here are the prices of some key commodities in New York Tuesday: Crude oil prices rose 40 cents to end at $85.81 a barrel. Coffee futures were down 3 cents to close at $2.23 a pound. Copper prices lost 7 cents to close at $3.29 a pound. Cocoa prices were down $52 to settle at […]
US Foils Alleged Iranian Plot to Assassinate Saudi Ambassador
Posted October 11th, 2011 at 3:50 pm (UTC-5)
The United States says it has broken up an alleged Iranian plot to assassinate the Saudi ambassador to the United States in a bomb attack. The U.S. Justice Department filed charges Tuesday against two Iranians for involvement in the plot, accusing them of conspiring with elements of the Iranian government to kill Saudi envoy Adel […]
Police Arrest Dozens of ‘Occupy Boston’ Protesters
Posted October 11th, 2011 at 3:35 pm (UTC-5)
Police in the U.S. city of Boston have arrested dozens of protesters who are affiliated with the Occupy Wall Street movement that has sprung up in major cities across the United States. Arrests began early Tuesday after demonstrators refused police demands to move their protest away from a public area that had been recently renovated. […]
