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US Indicts Two for Conspiring With “Jihad Jane”

Posted October 20th, 2011 at 2:05 pm (UTC-5)
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U.S. officials have unveiled indictments against two men accused of conspiracy to provide material support to terrorists by helping the American terror suspect who dubbed herself “Jihad Jane.” The U.S. Department of Justice says the two are Algerian national Ali Charaf Damache and Pakistani citizen Mohammad Hassan Khalid, who is a legal resident of the […]

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Georgia Continues to Block Russian Membership in WTO

Posted October 20th, 2011 at 1:50 pm (UTC-5)
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The latest round of talks between Russia and Georgia, which could have cleared the way for Russia to join the World Trade Organization, has broken down. After taking part in the negotiations Thursday, Georgian Deputy Foreign Minister Sergi Kapanadze said the two sides had failed to reach an agreement, but would meet again next week. […]

Tags: , , Posted in Europe

Greek Police, Protesters Clash Ahead of Austerity Vote

Posted October 20th, 2011 at 1:40 pm (UTC-5)
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Anti-austerity protests in Athens turned violent Thursday as the Greek parliament prepared to adopt a budget-cutting plan aimed at securing more bailout funds for the government to avoid a default. At least 50,000 mostly peaceful, anti-austerity protesters gathered in Syntagma square outside parliament on the second day of a nationwide general strike that has idled […]

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Former Libyan Leader Gadhafi Killed in Hometown

Posted October 20th, 2011 at 1:35 pm (UTC-5)
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Former Libyan leader Moammar Gadhafi has been killed in an assault by provisional government forces on his coastal hometown of Sirte. The prime minister of Libya’s National Transitional Council, Mahmoud Jibril, confirmed Gadhafi’s death on Thursday at a news conference in Tripoli. He also said it is time for Libyans to build a new, united […]

Tags: , , Posted in Middle East

IEA: Many Months To Restore Libya’s Oil Output

Posted October 20th, 2011 at 1:20 pm (UTC-5)
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An expert at the International Energy Agency says it may be “many months” before Libya’s damaged oil industry can resume full production. The head of IEA’s Oil Industry and Markets Division, David Fyfe, said Thursday there are “many logistical, operational and security related challenges” to overcome in Libya Before the uprising, Libya produced about 1.6 […]

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Mauritania Strikes Al-Qaida Base in Mali

Posted October 20th, 2011 at 1:00 pm (UTC-5)
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Mauritania says its military has conducted an air strike on a suspected al-Qaida terrorist base in western Mali. Authorities say Thursday’s raid destroyed a camp in the Wagadou Forest operated by al-Qaida in the Islamic Maghreb , al-Qaida’s northern Africa affiliate. Military officials said terrorists at the base were preparing to launch a cross-border attack […]

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US Stocks Decline

Posted October 20th, 2011 at 1:00 pm (UTC-5)
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U.S. stocks declined in Thursday’s midday trading. The Dow Jones Industrial Average and the S&P 500 dropped six-tenths of a percent while the NASDAQ moved down 1.2 percent. European stock prices were down sharply by the end of Thursday’s trading. London’s Financial Times index slid 1.2 percent to close at 5,385. The CAC-40 in Paris […]

Tags: , , , Posted in Economy

Former Libyan Leader Gadhafi Killed in Hometown

Posted October 20th, 2011 at 12:45 pm (UTC-5)
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Former Libyan leader Moammar Gadhafi is dead. Libyan provisional government forces killed Gadhafi in a final assault on his coastal hometown of Sirte on Thursday, after launching an uprising in February against his four-decade autocratic rule. The prime minister of Libya’s National Transitional Council, Mahmoud Jibril, confirmed Gadhafi’s death at a news conference in Tripoli. […]

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Gadhafi’s Death Has Little Impact On Oil Prices

Posted October 20th, 2011 at 12:35 pm (UTC-5)
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The death of former Libyan leader Moammar Gadhafi appeared to have little impact on the world price of crude oil on Thursday. At one point, the price declined by more than one dollar in New York trading. The Bloomberg financial news service attributed the change to investor worries that Europe’s continuing financial problems could cut […]

Tags: , Posted in Economy, Middle East

Al-Shabab Loses Last Mogadishu District

Posted October 20th, 2011 at 12:35 pm (UTC-5)
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The al-Qaida-linked militant group al-Shabab has been driven from its last stronghold in Somalia’s capital, Mogadishu. Officials say Somali government and African Union forces seized control of Mogadishu’s Daynile district in a joint military operation early Thursday. A government statement calls Daynile a “strategic corridor” that connects Mogadishu to Somalia’s Middle and Lower Shabelle regions. […]

Tags: , , , , Posted in Africa