U.S. President Barack Obama has restored privileged U.S. trade partner status to Ivory Coast, Guinea and Niger following democratic gains in the African countries. The White House announced Tuesday that the president’s proclamation comes after an annual review of the African Growth and Opportunity Act . National Security Council Spokesman Tommy Vietor said the three […]
Obama Restores Ivory Coast, Niger, Guinea Trade Status
Posted October 25th, 2011 at 4:50 pm (UTC-5)
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Another Tibetan Buddhist Sets Himself on Fire in SW China
Posted October 25th, 2011 at 4:25 pm (UTC-5)
A leading Tibetan exile group said Tuesday another Tibetan Buddhist set himself on fire in southwestern China, in the latest in a string of self-immolations aimed at protesting Chinese rule in the region. The incident, reported by the Tibetan Center for Human Rights and Democracy, is the 10th such self-immolation by protesting Buddhists in Sichuan […]
US Stocks Decline
Posted October 25th, 2011 at 4:20 pm (UTC-5)
U.S. stocks declined sharply in Tuesday’s trading. The Dow Jones Industrial Average dropped 1.7 percent to close at 11,707. The S&P 500 fell 2 percent to hit 1,229, while the NASDAQ composite index slid 2.3 percent to finish at 2,638. European stock markets were down by the close of Tuesday’s trading. London’s Financial Times 100 […]
US Looks to Seize Property Stolen by Son of Equatorial Guinea President
Posted October 25th, 2011 at 4:20 pm (UTC-5)
The U.S. Justice Department has filed two separate suits aimed at seizing $71 million in property allegedly stolen by the son of Equatorial Guinea President Teodoro Obiang. U.S. authorities allege that Teodorin Obiang used his job as a government minister to embezzle, steal and extort more than $100 million from Equatorial Guinea and launder the […]
Survivors Rescued But Death Toll Rises From Turkey’s Earthquake
Posted October 25th, 2011 at 4:15 pm (UTC-5)
The death toll from Sunday’s earthquake in southeastern Turkey has risen to 432. At least 1,300 people are injured. The number of casualties from the 7.2 magnitude quake is expected to rise — with hundreds, even thousands, still trapped under the debris and thousands left homeless. Aid workers who continue to search for survivors rescued […]
Swiss Explosion Kills 1, Injures 14
Posted October 25th, 2011 at 4:10 pm (UTC-5)
Swiss police have announced that one person has been killed and 14 others injured in an explosion in an apartment building in the western city of Yverdon-les-Bains. The cause of the blast Tuesday is still unknown. Police say an investigation is under way. Yverdon-les-Bains is less than 40 miles west of the Swiss capital of […]
Croatian Civic Groups Condemn Choice of War Criminal to Head Election List
Posted October 25th, 2011 at 4:05 pm (UTC-5)
Croatian civic and rights activists have condemned a right-wing opposition party for naming a convicted war criminal to head its list for December general elections. The center for monitoring war crimes trials, Documenta, and the Citizens’ Committee for Human Rights issued a statement Tuesday saying that the choice of Branimir Glavas is without precedent in […]
Oil Price Increases
Posted October 25th, 2011 at 3:55 pm (UTC-5)
Here are the prices of some key commodities traded in New York on Tuesday: Crude oil prices increased $1.90 to close at $93.17 a barrel. Coffee prices fell more than 14 cents to end at $2.37 per pound. Copper prices slid nearly 3 cents to finish at $3.42 a pound. Cocoa futures rose $9 to […]
Europe Scrambling to Complete Debt-Relief Plan
Posted October 25th, 2011 at 3:45 pm (UTC-5)
European leaders are scrambling to finalize a plan aimed at resolving the continent’s government debt contagion, ahead of a Wednesday summit in Brussels. The outline of a package of reforms is emerging, but details have yet to be set, and a pre-summit meeting of European finance ministers was called off. That left some analysts questioning […]
Turkish Forces Deny Entering Iraq in Offensive Against Kurdish Rebels
Posted October 25th, 2011 at 3:40 pm (UTC-5)
Turkey’s military has denied that its tanks crossed the border into northern Iraq as part of an air and ground offensive against Kurdish rebels. A statement posted Tuesday on the website of Turkey’s chief of staff says Turkish tanks carried out maneuvers inside Turkey close to the border with Iraq, east of the southeastern town […]
