A protest movement is growing in the United States, decrying corporate greed, social inequality and the poor state of the economy. What began in New York City more than two weeks ago and labeled “Occupy Wall Street” has spawned similar demonstrations in several major U.S cities, including Boston, Chicago and Los Angeles and across the […]
Anti-Wall Street Protest Movement Spreading
Posted October 3rd, 2011 at 8:15 pm (UTC-5)
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UN to Vote on Syria Resolution; Assad’s Forces Detain Thousands
Posted October 3rd, 2011 at 8:00 pm (UTC-5)
The U.N. Security Council may vote Tuesday on a resolution condemning Syria’s brutal crackdown against civilians, amid reports that security forces have carried out mass detentions in the rebellious central town of Rastan. Diplomats say it remains unclear whether Russia will veto the resolution or abstain from voting. Moscow opposes the imposition of sanctions against […]
Karzai to Convene Assembly to Discuss Afghan Peace Process
Posted October 3rd, 2011 at 7:25 pm (UTC-5)
Afghan President Hamid Karzai says he will convene an assembly of tribal elders to determine a way forward in the peace process after the killing of the country’s top peace envoy. Former President Burhanuddin Rabbani, the head of the High Peace Council, was killed in a suicide bombing at his Kabul home on September 20. […]
US Senate Advances Measure On China Currency
Posted October 3rd, 2011 at 6:50 pm (UTC-5)
The U.S. Senate has voted to formally consider a bill that would punish China for allegedly undervaluing its currency. A motion to move forward with the bill easily won enough votes Monday evening. Lawmakers now will likely spend days debating the measure before a final vote is taken. The bill has bipartisan support, but it […]
Kirk Confident Russia Can Join WTO by End of Year
Posted October 3rd, 2011 at 6:45 pm (UTC-5)
U.S. Trade Representative Ron Kirk says he is confident Russia will complete negotiations for entry into the World Trade Organization by the end of the year. Kirk met in Washington Monday with First Russian Deputy Prime Minister Igor Shuvalov. Kirk said Russia has made great progress on its WTO membership bid. He said he is […]
Libya’s NTC Launches ‘Final Assasult’ on Sirte, Pledges New Interim Govt.
Posted October 3rd, 2011 at 6:00 pm (UTC-5)
Libyan interim government forces have launched what they are calling the “final assault” on the loyalist stronghold of Sirte, while pledging to appoint a new transitional government soon after the strategic coastal city is captured. National Transitional Council fighters seized new territory in and around Sirte on Monday, including the nearby small town of Qasr […]
Obama Submits Three Trade Deals to Congress
Posted October 3rd, 2011 at 5:35 pm (UTC-5)
U.S. President Barack Obama has sent three long-delayed trade agreements to Congress for ratification. The deals involve the countries of South Korea, Colombia and Panama. Negotiated by Mr. Obama’s Republican predecessor, President George W. Bush, they are predicted to boost annual U.S. exports by $13 billion. In a White House statement Monday, Mr. Obama said […]
Two Somali Pirates Get Life in US Prison
Posted October 3rd, 2011 at 5:35 pm (UTC-5)
A U.S. court has sentenced two Somali pirates to life in prison for hijacking a yacht in February, leading to the murders of four Americans. Muhidin Salad Omar and Mahdi Jama Mohamed both pled guilty to piracy charges in May, but denied shooting anyone. U.S. Attorney Neil MacBride called Somali piracy a scourge that is […]
Italian Jury Overturns Knox Murder Conviction
Posted October 3rd, 2011 at 4:40 pm (UTC-5)
A jury in Perugia, Italy has overturned the murder conviction of U.S. college student Amanda Knox and ordered her freed from prison. Knox collapsed in tears and the courtroom erupted Monday evening when the decision was read. Knox’s former Italian boyfriend and co-defendant, Raffaele Sollecito, also was exonerated and freed from prison. Knox was appealing […]
Oil Prices Fall
Posted October 3rd, 2011 at 4:35 pm (UTC-5)
Here are the prices of some key commodities traded in New York on Monday: Crude oil prices fell $1.59 to end at $77.61 a barrel. Coffee futures slid more than 5 cents to close at $2.23 a pound. Copper prices dropped one cent to close at $3.14 a pound. Cocoa futures plunged $33 to settle […]
