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US: Alleged Iranian Plot ‘Unacceptable,’ Violation of Law

Posted October 14th, 2011 at 4:30 pm (UTC-5)
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The United States says it had a direct meeting with Iranian officials earlier this week over the alleged Iranian plot to kill the Saudi ambassador to the United States. State Department spokeswoman Victoria Nuland told reporters in Washington the meeting was to make “absolutely clear” that the United States considers that type of behavior “unacceptable” […]

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Liberian President Short of Outright Majority Halfway Vote Tally

Posted October 14th, 2011 at 4:25 pm (UTC-5)
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Liberia’s incumbent President Ellen Johnson Sirleaf has increased her lead in the country’s presidential election, but is still short of the 50 percent majority needed for an outright victory. Election officials said Friday that Ms. Sirleaf now leads with more than 45 percent of the vote, up from about 44 percent the day before. Her […]

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US Stocks Rise In Friday’s Trading

Posted October 14th, 2011 at 4:20 pm (UTC-5)
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U.S. stocks made strong gains in Friday’s trading. The Dow Jones Industrial Average rose 1.5 percent to close at 11,644. The S&P 500 advanced 1.7 percent to end at 1,225 while the NASDAQ moved up 1.8 percent to finish at 2,668. European stock markets were higher at the close of Friday’s trading. London’s Financial Times […]

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US Court Blocks Parts of Alabama Immigration Law

Posted October 14th, 2011 at 3:50 pm (UTC-5)
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A U.S. appeals court has blocked a key section of a tough immigration law in the U.S. state of Alabama. The federal court issued a temporary ruling Friday blocking a provision of the law that requires schools to check the immigration status of students. The 11th U.S. Circuit Court of Appeals in Atlanta also blocked […]

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Crude Oil Price Rises

Posted October 14th, 2011 at 3:50 pm (UTC-5)
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Here are the prices of some key commodities traded in New York on Friday: Crude oil prices gained $2.57 to close at $86.80 a barrel. Coffee prices advanced 2 cents to end at $2.40 per pound. Copper prices rose 10 cents to finish at $3.41 a pound. Cocoa futures moved up $41 to end the […]

Tags: Posted in Economy

US Budget Deficit Hits $1.3 Trillion

Posted October 14th, 2011 at 3:40 pm (UTC-5)
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The U.S. government ran a $1.3 trillion budget deficit for the fiscal year that ended in September. It is the second-highest deficit on record and the third year in a row the gap between tax revenue and spending has been over $1 trillion. All the annual deficits added together make up the nation’s $14.8 trillion […]

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Obama: Bailout Was Worth It

Posted October 14th, 2011 at 3:20 pm (UTC-5)
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U.S. President Barack Obama says a Michigan auto plant making cars with South Korean parts is proof his economic bailout package for the auto industry has paid off. Speaking alongside South Korean President Lee Myung-bak at a General Motors plant outside the city of Detroit, Mr. Obama said the hundreds of thousands of jobs saved […]

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US: Alleged Iranian Plot ‘Unacceptable,’ Violation of Law

Posted October 14th, 2011 at 2:55 pm (UTC-5)
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The United States says it had a direct meeting with Iranian officials earlier this week over the alleged Iranian plot to kill the Saudi ambassador to the United States. State Department spokeswoman Victoria Nuland told reporters in Washington the meeting was to make “absolutely clear” that the United States considers that type of behavior “unacceptable” […]

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UN Scales Back Kenya Aid Operation After Kidnapping

Posted October 14th, 2011 at 2:55 pm (UTC-5)
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The United Nations has scaled back its humanitarian effort at Kenya’s sprawling Dadaab refugee complex, as government troops search for two kidnapped aid workers. U.N. officials say all non-lifesaving activities have been put on hold until the security situation improves at the world’s largest refugee camp. Aid groups are continuing to provide food, water and […]

Tags: , , , , Posted in Africa

Tunisian Police Use Tear Gas on Protesters

Posted October 14th, 2011 at 2:45 pm (UTC-5)
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Tunisian police have used tear gas to disperse protesters who made a second attempt on Friday to march to a television station that aired a controversial film. Witnesses say the demonstrators were stopped by authorities as they moved near the Nessema TV station in Tunis. On Sunday police used tear gas to disperse hundreds of […]

Tags: Posted in Middle East