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European Markets Higher at Midday

Posted October 26th, 2011 at 7:25 am (UTC-5)
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European stock markets were higher in midday trading Wednesday. London’s Financial Times 100 index was up a fifth of a percent to 5,535. The CAC-40 in Paris was up nearly a quarter of a percent to 3,182. And the DAX in Frankfurt was up nearly half a percent at 6,073. The S&P futures contract was […]

Tags: , , , Posted in Economy

UN: Fighting on Somalia-Kenya Border Restricting Famine Relief

Posted October 26th, 2011 at 7:10 am (UTC-5)
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The United Nations says recent military activity along the Kenya-Somalia border is restricting famine relief efforts and preventing Somalis from fleeing to refugee camps in Kenya. The U.N. Refugee Agency said Wednesday that only 100 Somali refugees entered Kenya last week, down from 3,400 in the previous week. Last week, Kenya sent troops across the […]

Tags: , , , Posted in Africa

World Bank Says European Crisis is Hurting Developing Countries

Posted October 26th, 2011 at 7:05 am (UTC-5)
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World Bank President Robert Zoellick says new programs may be needed to help developing countries hurt by the European debt crisis. Zoellick made the remarks Wednesday while touring a slum community outside the Philippine capital Manila where residents are benefiting from a World Bank anti-poverty program. He said the European crisis has driven borrowing costs […]

Assad Loyalists Rally in Syria Ahead of Arab League Meeting

Posted October 26th, 2011 at 6:35 am (UTC-5)
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Thousands of supporters of Syrian President Bashar al-Assad rallied in Damascus on Wednesday, ahead of an Arab League meeting in the capital. State media reports have shown crowds of loyalists waving huge Syrian flags and posters of Mr. Assad. However, opposition activists say security forces killed two civilians in separate incidents elsewhere in the country […]

Tags: , , Posted in Middle East

World Bank Says European Crisis is Hurting Developing Countries

Posted October 26th, 2011 at 6:25 am (UTC-5)
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World Bank President Robert Zoellick says new programs may be needed to help developing countries hurt by the European debt crisis. Zoellick made the remarks Wednesday while touring a slum community outside the Philippine capital Manila where residents are benefiting from a World Bank anti-poverty program. He said the European crisis has driven borrowing costs […]

Tags: , , Posted in East Asia Pacific

Grenade Attack Wounds 5 in Indian Kashmir

Posted October 26th, 2011 at 6:20 am (UTC-5)
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Police in Indian-controlled Kashmir say suspected militants have hurled a grenade at a police vehicle, wounding five civilians when the grenade missed its target. The attack Wednesday in Bijbehara comes a day after several similar attacks directed at security forces in Kashmir’s main city of Srinagar. Those attacks wounded three paramilitary officers. Kashmir is divided […]

Tags: , Posted in South Asia

Thai Navy Deploys to Help Save Bangkok From Floods

Posted October 26th, 2011 at 6:20 am (UTC-5)
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Authorities in Thailand are turning to desperate measures as they try to prevent the Chao Praya River from overflowing its banks and inundating central Bangkok. The Thai navy has deployed a fleet of ships to the Chao Praya and other rivers, where they are using their propellers to try to speed the flow of water […]

Tags: , , , Posted in East Asia Pacific

Libya’s NTC Urges NATO To Stay Through December

Posted October 26th, 2011 at 6:00 am (UTC-5)
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Libya’s interim leader has urged NATO to continue its mission in the country until at least the end of the year. National Transitional Council head Mustafa Abdel Jalil said Wednesday the move would help prevent remnants of Moammar Gadhafi’s loyalists from regrouping and posing a security threat. He made the appeal in Qatar, at the […]

Tags: , , Posted in Middle East

European Leaders Try to Find Elusive Debt-Relief Plan

Posted October 26th, 2011 at 6:00 am (UTC-5)
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European leaders are scrambling to finalize a plan aimed at resolving the continent’s government debt contagion in time for Wednesday’s summit. Details of a package of reforms have not been set and a pre-summit meeting of European finance ministers was called off. That left some analysts questioning whether the heads of state will be able […]

Tags: , Posted in Economy, Europe

Pakistan Extends Detention of Militant Leader

Posted October 26th, 2011 at 5:50 am (UTC-5)
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Pakistan has extended the detention of a Sunni militant leader who was arrested last month under a public order aimed at preventing sectarian unrest in the country. Officials said Wednesday that Malik Ishaq will be held for an additional 60 days, after being arrested last month on an initial order to detain him for 30 […]

Tags: Posted in South Asia