Zambia’s new government has decided to suspend all exports of copper and other metals until new guidelines are in place that would reform the country’s mining industry. Officials say the new guidelines, which aim to improve revenue collection and increase transparency in Zambia’s mining sector, are expected to be implemented by October 15. Zambia is […]
New Zambian Government Halts Metal Exports
Posted October 6th, 2011 at 7:45 am (UTC-5)
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European Stocks Higher in Midday Trading
Posted October 6th, 2011 at 7:45 am (UTC-5)
European stock prices are higher in midday trading Thursday. London’s Financial Times index is up 2.1 percent. The CAC-40 in Paris is up 2.3 percent, and the DAX index in Frankfurt is two percent higher. In New York, the S&P futures contract is up 12 points, indicating a higher opening. Tokyo’s Nikkei index gained 1.7 […]
Serbia Makes Corruption Arrests Ahead of EU Progress Report
Posted October 6th, 2011 at 7:40 am (UTC-5)
Serbia’s court for organized crime arrested more than a dozen former top officials at a major state-run coal mine and several private businessmen Thursday, for allegedly participating in a fraud scheme at one of the nation’s main coal mines. A total of 17 men are suspected of embezzling money from the state run Kolubara mine, […]
UN: Food Prices Dropped Sharply in September
Posted October 6th, 2011 at 7:30 am (UTC-5)
The United Nations says world food prices dropped sharply in September, though prices remain generally higher than they were a year ago. The U.N. Food and Agriculture Organization says its monthly Food Price Index, released Thursday, was down 2 percent from August. It says the drop reflected falling prices for most commodities, with the cost […]
2011 Nobel Prize in Literature Awarded To Swedish Poet
Posted October 6th, 2011 at 7:30 am (UTC-5)
The Royal Swedish Academy of Sciences has awarded the 2011 Nobel Prize for Literature to 80-year-old Swedish poet Tomas Transtromer. The jury said Thursday that Transtromer was honored “because, through his condensed, translucent images, he gives us fresh access to reality.” Transtromer will receive $1.5 million for winning the Literature Prize, the fourth of this […]
Asia Markets Close Higher
Posted October 6th, 2011 at 7:25 am (UTC-5)
Major Asian stock markets closed higher Thursday. Tokyo’s Nikkei index gained 1.7 percent to finish at 8,522. Hong Kong’s Hang Seng index soared 5.7 percent to finish the day’s trading at 17,172. Share prices were also higher in Bangkok, Jakarta, Kuala Lumpur, Manila, Seoul, Singapore, Sydney, Taipei and Wellington. The indexes in Mumbai and Shanghai […]
Clashes with Dissident Troops Kill 4 Syrian Soldiers
Posted October 6th, 2011 at 7:20 am (UTC-5)
Syrian rights activists say four government soldiers have been killed in clashes with military defectors near the Turkish border. The London-based Syrian Observatory for Human Rights said the fighting Thursday took place in the Jabal al-Zawiya area of Idlib province. President Bashar al-Assad’s government has been using military force to crush almost seven months of […]
Toyota Says Production Back to Normal after Disasters
Posted October 6th, 2011 at 7:15 am (UTC-5)
Toyota Motor Company reports that its production in Japan has for the first time returned to levels from before the March 11 earthquake and tsunami. Dozens of Toyota plants across Japan were forced to shut down in the aftermath of the twin disasters, disrupting supply chains and slowing down manufacturing at Toyota facilities overseas, including […]
Western News Crew Views Malnourished Orphans in North Korea
Posted October 6th, 2011 at 6:25 am (UTC-5)
A Western television news crew has returned from a rare visit to key farm regions in North Korea with disturbing pictures of malnourished children — the latest evidence of what the United Nations says is a severe food crisis in the country. The video was shot by reporters from Reuters news agency who were invited […]
South African Official Rejects Tutu’s Request to Grant Dalai Lama Last Minute Visa
Posted October 6th, 2011 at 6:10 am (UTC-5)
A South African government official has rejected a last-minute request by Archbishop Desmond Tutu to grant a travel visa to the Dalai Lama, who was scheduled to visit the country for Tutu’s 80th birthday celebrations this week. After months of delays by South African authorities, the Dalai Lama cancelled his trip on Tuesday, saying he […]
