U.S. businesses say the American economy will continue to grow, but predict expansion will slow down. The National Association of Business Economists published a survey of companies across the country on Monday. Most said the nation’s output will have increased 2 percent or less by the end of 2011. That is less expansion of the […]
Businesses Predict Slow US Economic Growth
Posted October 24th, 2011 at 10:45 am (UTC-5)
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France Refutes Reports it Carried out Somalia Airstrikes
Posted October 24th, 2011 at 10:45 am (UTC-5)
The French embassy in Kenya is refuting media reports that France carried out airstrikes in the Somali city of Kismayo. In a statement Monday, the embassy asked that Kenyan newspapers correct what it described as “the false impression” created by the reports. On Sunday, Kenyan army spokesman Emmanuel Chirchir indicated foreign forces had joined his […]
Suspect in Saudi Assassination Plot Set for US Court Appearance
Posted October 24th, 2011 at 10:40 am (UTC-5)
One of the suspects accused in a plot to assassinate the Saudi ambassador to the United States is set to appear in a New York court Monday. Manssor Arbabsiar, a naturalized U.S. citizen holding Iranian and American passports, is expected to enter a plea in the case. He is charged with trying to hire a […]
US Stocks Make Gains
Posted October 24th, 2011 at 10:25 am (UTC-5)
U.S. stocks made gains in Monday’s early trading. The Dow Jones Industrial Average rose half a percent, the S&P 500 gained eight-tenths of a percent and the NASDAQ moved up 1.2 percent. European stock markets were higher in Monday’s afternoon trading. London’s Financial Times 100 index advanced half a percent, the CAC-40 in Paris gained […]
Yemen President Again Says Ready for Dialogue
Posted October 24th, 2011 at 10:00 am (UTC-5)
Embattled Yemeni President Ali Abdullah Saleh on Monday welcomed a U.N. Security Council resolution urging him to leave office and said again that he is ready for talks to put it into motion. The state news agency reported that Mr. Saleh wants to sit down with opposition parties and their partners to adopt a Gulf-mediated […]
Libyan Transitional Leader: New Government in 2 Weeks
Posted October 24th, 2011 at 9:40 am (UTC-5)
Libya’s transitional leader says decisions for a new interim government should be in place in about two weeks. National Transitional Council head Mustafa Abdel Jalil’s announcement in the eastern city of Benghazi Monday comes a day after he declared the country liberated from Moammar Gadhafi’s 42-year rule at a ceremony attended by tens of thousands […]
EU ‘Relatively Close’ to Greek Debt Write-off
Posted October 24th, 2011 at 9:40 am (UTC-5)
The European Union says it is “relatively close” to a deal with the continent’s banks to write off about half of Greece’s debts, an agreement that could cost the financial institutions about $243 billion. A spokesman for EU economic affairs commissioner Olli Rehn said Monday that the continent’s leaders “clearly” prefer that the banks reach […]
Rebel British Lawmakers Call for Referendum on EU Membership
Posted October 24th, 2011 at 9:15 am (UTC-5)
Members of British Prime Minister David Cameron’s Conservative Party are supporting calls for a national referendum on Britain’s membership in the European Union. Nearly 80 members of parliament, many of them Conservatives, are backing a parliamentary motion calling for the referendum. Conservatives have been told to vote against the measure Monday or face disciplinary action. […]
Kenya Grenade Attack Follows Al-Shabab Threats
Posted October 24th, 2011 at 8:45 am (UTC-5)
Police in Kenya say it is too early to tell if a grenade attack at a downtown Nairobi bar is linked to al-Shabab, the Somali militant group that recently threatened to strike inside Kenya. Authorities say an unidentified assailant threw a grenade inside the bar early Monday, wounding 13 people. Police say the Russian-made grenade […]
Officials: India Close to Wiping Out Polio
Posted October 24th, 2011 at 8:45 am (UTC-5)
Indian health officials say the country is on the verge of eradicating polio, with no cases reported there in more than nine months. Indian officials said Monday the last new case was reported in January in West Bengal state. According to the World Health Organization, a country is declared polio free when no cases are […]
