Policy makers at the U.S. central bank are weighing whether to adopt new policies to try to boost the country’s sluggish economy. Officials at the Federal Reserve started a two-day meeting Wednesday and plan to announce any actions they take at mid-day Thursday. The U.S. economy is the world’s largest. But it has struggled to […]
US Central Bank Weighing New Economic Stimulus
US-based Apple Unveils New iPhone 5 Model
U.S. technology giant Apple has unveiled the latest version of its popular smartphone, the new iPhone 5 model that the company says is thinner and lighter, with a bigger screen, than its last model released nearly a year ago. Apple unveiled the new smartphone at a company news conference Wednesday in San Francisco. It is […]
US Ambassador, 3 Staff Killed in Libya Attack
The United States ambassador to Libya and three embassy staff were killed after a mob stormed the U.S. consulate in the eastern city Benghazi late Tuesday. Demonstrators reportedly angered over an amateur film allegedly made in the U.S. that mocks Islam’s Prophet Muhammad shot at and set fire to the U.S. consulate in Benghazi. Ambassador […]
Somali President Safe After Hotel Bombing
Somalia’s new president was unharmed Wednesday when suicide bombers attacked the Mogadishu hotel where he has been staying. The visiting Kenyan foreign minister was speaking to reporters when a bomb blast was heard, followed by gunfire. “… and the commitment of the people of Somalia (BLAST, FOLLOWED BY GUNFIRE )) The news conference continued with […]
Poverty Hits One Out of Seven Americans
About one out of seven people in the United States was living in poverty in 2011, according to a government study. U.S. Census Bureau experts define “poverty” as an income below $23,021 for a family of four. The study says 46.2-million Americans live in poverty, and the 15-percent poverty rate is a very slight decline […]
Somali President Safe After Hotel Bombing
Somalia’s new president was unharmed Wednesday when suicide bombers attacked the Mogadishu hotel where he has been staying. The visiting Kenyan foreign minister was speaking to reporters when a bomb blast was heard, followed by gunfire. “… and the commitment of the people of Somalia (BLAST, FOLLOWED BY GUNFIRE )) The news conference continued with […]
US Ambassador, 3 Staff Killed in Libya Attack
The United States ambassador to Libya and three embassy staff were killed after a mob stormed the U.S. consulate in the eastern city Benghazi late Tuesday. Demonstrators reportedly angered over an amateur U.S.-made film that mocks Islam’s Prophet Muhammad shot at and set fire to the U.S. consulate in Benghazi. Ambassador J. Christopher Stevens is […]
Obama on Consulate Attack: ‘Make No Mistake; Justice Will Be Done’
President Barack Obama pointed out as Secretary Clinton did minutes earlier that Libyans helped some U.S. diplomats find safety and carried the body of U.S ambassador Chris Stevens to the hospital. He said it is “especially tragic” that Stevens died in Libya because that is “a place he fought to save.” Mr. Obama said Americans […]
Obama: “No Justification” for Libya Attack
U.S. President Barack Obama says there is “no justification” for the “senseless violence” that killed the U.S. ambassador to Libya and three other American staff members at the U.S. consulate in Benghazi. Mr. Obama spoke in the White House Rose Garden with Secretary of State Hillary Clinton by his side Wednesday. Mr. Obama said he […]
Bosnia Cracks Down on Organized Crime
Bosnian authorities say they have launched a major operation against organized crime, conducting raids across the country on groups suspected of murders, drug trafficking, and robbery. The head of Bosnia-Herzegovina’s state security agency, Goran Zubac, told reporters Wednesday that this is the largest crackdown on organized crime since the Bosnian war ended in 1995. He […]