Zimbabwe has reached an agreement to sell diamonds mined from the country’s controversial Marange fields. The World Diamond Council says the deal was reached Tuesday at a meeting in Congo’s capital, Kinshasa. It was ratified by members of the Kimberley Process, a system to prevent so-called “blood diamonds” from reaching international markets. The agreement allows […]
Zimbabwe to Sell Diamonds from Controversial Mine
Posted November 1st, 2011 at 12:30 pm (UTC-5)
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US Auto Sales Rise
Posted November 1st, 2011 at 12:10 pm (UTC-5)
Two U.S. automakers reported rising sales in their home market in October. Tuesday’s report from General Motors says the company’s sales were nearly two percent higher than the same month a year ago. Smaller rival Chrysler said its sales jumped 27 percent. Experts surveyed by news agencies predict that when all the companies report, sales […]
Plane Makes Emergency Landing in Poland
Posted November 1st, 2011 at 11:50 am (UTC-5)
A Boeing 767 jet aircraft traveling from the United States made an emergency landing at Poland’s Warsaw international airport Monday after its landing gear failed to come down. The plane circled above the airport for some time before the pilots landed the plane safely on its belly on the runway, which had been sprayed with […]
World Stocks Plunge on Call for Greek Debt Plan Vote
Posted November 1st, 2011 at 11:50 am (UTC-5)
World stock markets plummeted Tuesday on Greece’s call for a referendum on the European debt-relief agreement, while the continent’s leaders scrambled about how to react to the surprise development. Asian indexes fell sharply, and European stocks plunged. Markets in Paris and Frankfurt slid more than four percent in afternoon trading, with U.S. indexes falling about […]
US Manufacturing Grows More Slowly
Posted November 1st, 2011 at 11:25 am (UTC-5)
The U.S. manufacturing sector grew more slowly in October. Tuesday’s study comes from an industry group, the Institute for Supply Management, which said measures of production, exports, and employment were lower than prior months. U.S. factories were among the first businesses to start growing after the recession officially ended in June 2009. While manufacturing growth […]
Clinton Cancels European Trip
Posted November 1st, 2011 at 11:25 am (UTC-5)
U.S. Secretary of State Hillary Clinton has canceled this week’s trip to London and Turkey, staying home to cope with the death of her 92-year-old mother. Clinton canceled the trip late Monday, citing her mother’s poor health. The Clinton Foundation announced the death of Dorothy Rodham on Tuesday. On Monday, Secretary Clinton said Turkey must […]
Libya’s Interim PM Makes Human Rights Top Priority
Posted November 1st, 2011 at 11:20 am (UTC-5)
Libya’s new interim Prime Minister Abdurrahim el-Keib said Tuesday respect for human rights will be a top priority as he prepares to lead Libya toward its first free elections. The Libyan National Transitional Council selected the U.S.-educated engineering professor for the prime minister’s post late Monday. Speaking Tuesday after his appointment, Mr. El-Keib said the […]
Kandahar Lawmakers to International Forces: Don’t Leave
Posted November 1st, 2011 at 10:05 am (UTC-5)
Lawmakers from Afghanistan’s southern Kandahar province are asking for international forces to stay put, at least for time being. Speaking Tuesday in Kabul flanked by other members of the Afghan parliament from Kandahar, Khalid Pashtun said Monday’s deadly attack in the provincial capital is proof NATO troops are still needed. The combined assault and suicide […]
Nigerian Court Dismisses Election Challenge
Posted November 1st, 2011 at 10:00 am (UTC-5)
A Nigerian court has thrown out a petition to nullify President Goodluck Jonathan’s election victory in April. Justice Kumai Akaahs said a five-judge panel unanimously decided to dismiss the petition, which he said “fails in its entirety.” The challenge, filed by the opposition Congress for Progressive Change, sought to overturn Mr. Jonathan’s win, citing voting […]
World Stocks Plunge on Call for Greek Debt Plan Vote
Posted November 1st, 2011 at 10:00 am (UTC-5)
World stock markets plummeted Tuesday on Greece’s unexpected call for a referendum on the European debt-relief agreement, while the continent’s leaders scrambled on how to react to the surprise development. Asian indexes fell sharply, and European stocks plunged. Markets in London, Paris and Frankfurt slid three to five percent in afternoon trading. Stocks of banks […]
