The European Central Bank says it is going to buy the bonds of the debt-ridden countries in the euro currency union in hopes of easing their borrowing costs. The bank set no limit Thursday on the volume of the bonds it plans to buy, Europe’s latest effort to resolve the three-year debt crisis. The bank […]
European Central Bank to Buy Government Bonds
Posted September 6th, 2012 at 10:40 am (UTC-5)
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Rights Group Alleges More Waterboarding By US
Posted September 6th, 2012 at 10:20 am (UTC-5)
A human rights group says it has uncovered new evidence that U.S. personnel used torture, including waterboarding, while interrogating Libyan Islamists during the Bush administration. The report released Thursday by New York-based Human Rights Watch features interviews with 14 Libyan dissidents captured and detained in foreign countries, including Afghanistan. Human Rights Watch says the Islamists […]
World Food Prices Unchanged in August
Posted September 6th, 2012 at 9:15 am (UTC-5)
The United Nations says world food prices held steady in August, after a big jump the month before. The U.N. Food and Agriculture Organization in Rome says its food price index was unchanged last month. The agency said that eased fears summertime droughts in the U.S. and Eastern Europe could continue to push food prices […]
South Africa Miners, Lonmin Reach ‘Peace’ Deal Rejected by Key Players
Posted September 6th, 2012 at 9:15 am (UTC-5)
Lonmin platinum company and South Africa’s main labor unions have reached a “peace” deal, after police in August killed 34 workers during a protest by striking miners. However, a key union and some miners refused to sign the accord. The workers walked off the job nearly a month ago, raising concerns about the impact on […]
US Jobless Claims Drop
Posted September 6th, 2012 at 9:05 am (UTC-5)
The number of Americans signing up for unemployment compensation dropped by 12,000 last week. Thursday’s report from the Labor Department says a total of 365,000 newly-laid off workers requested assistance nationwide. Some economists say that’s a little higher than the number of layoffs seen in a healthy job market. Friday, we will learn more about […]
58 Dead After Boat Capsizes Off Turkish Shore
Posted September 6th, 2012 at 8:55 am (UTC-5)
Turkish officials say at least 58 people have drowned after a boat carrying illegal immigrants struck rocks and sank in waters off western Turkey. The boat is believed to have been bound for European waters, but after hitting the rocks it sank around dawn Thursday only 50 meters from the Turkish shore. Forty-six people have […]
Russia’s Putin Defies West on Syria
Posted September 6th, 2012 at 8:30 am (UTC-5)
Russian President Vladimir Putin says Moscow is not ready to shift its stance on supporting the Syrian government, and suggested Western nations are using militant groups such as al-Qaida to help drive Syrian President Bashar al-Assad from power. Speaking on Russia Today television, Mr. Putin questioned why Russia should be the only one reassessing its […]
Obama to Make Case for Re-Election at Democratic Convention
Posted September 6th, 2012 at 7:50 am (UTC-5)
U.S. President Barack Obama delivers a much-anticipated closing night address Thursday before the Democratic National Convention in Charlotte, North Carolina. Nine weeks ahead of the November 6th general election, and in a virtual tie with his Republican challenger, former Massachusetts Governor Mitt Romney, Mr. Obama aims to use his nationally-televised nomination acceptance speech to convince […]
39 Dead Near Turkey After Boat Capsizes
Posted September 6th, 2012 at 7:30 am (UTC-5)
Turkish officials say at least 39 people have drowned after a boat carrying illegal immigrants struck rocks and sank in waters off western Turkey. Two local officials said they expect the death toll to rise as more bodies are discovered. Forty-five people were reported rescued after the incident, and two people have been arrested. It […]
Russia’s Putin Defies West on Syria
Posted September 6th, 2012 at 6:35 am (UTC-5)
Russian President Vladimir Putin says Moscow is not ready to shift its stance on supporting the Syrian government, and suggested Western nations were using militant groups such as al-Qaida to help drive Syrian President Bashar al-Assad from power. Speaking on Russia Today televison, Mr. Putin questioned why Russia should be the only one reassessing its […]
