The U.S. central bank chief is pressing Congress to control the government’s chronic deficit-ridden spending. Federal Reserve Chairman Ben Bernanke says U.S. lawmakers must soon “find ways to put the federal budget on a sustainable path, but not so abruptly as to endanger” the country’s sluggish economic recovery. He said Congress and the White House […]
US: Bernanke Urges Congressional Support of Economy
Posted October 1st, 2012 at 2:00 pm (UTC-5)
Leave a comment
Exit Polls: Georgia Opposition Leads Parliamentary Vote
Posted October 1st, 2012 at 1:25 pm (UTC-5)
Exit polls in Georgia have given an early edge to the opposition coalition in Monday’s parliamentary vote, but the lead may not translate into a victory. A state television exit poll says pro-Russian billionaire Bidzina Ivanishvili’s group “Georgian Dream” leads with 35-percent of the vote over President Mikheil Saakashvili’s ruling United National Movement’s 30 percent. […]
UN Report Paints Grim Picture for Youth in Somalia
Posted October 1st, 2012 at 12:55 pm (UTC-5)
A new United Nations report is painting a bleak picture of life for youth in Somalia, especially women, and says a “powerful new vision” is needed to transform the country. The 2012 Somalia Human Development Report says the unemployment rate for Somalis age 30 and under is 67 percent – one of the highest rates […]
Syria Air Strike Kills 21
Posted October 1st, 2012 at 12:45 pm (UTC-5)
Syrian government warplanes have bombed a northern town near the Turkish border, killing 21 people, as heavy fighting spread within Aleppo’s historic old city. The Britain-based Syrian Observatory for Human Rights said the death toll from Monday’s attack in Salqin included eight children. In a video released by activists from the town, a number of […]
New Bounty Offered for Anti-Islam Filmmaker
Posted October 1st, 2012 at 11:50 am (UTC-5)
Another Pakistani politician has offered a bounty for the murder of the producer of a video that denigrates the Prophet Muhammad. During a rally in the northwestern city of Peshawar Monday, former Pakistani legislator Ikramullah Shahid said he would give $200,000 to anyone who killed the filmmaker. The low-budget video that was made in the […]
US to Mali: Let West African Troops Help Battle Militants
Posted October 1st, 2012 at 11:35 am (UTC-5)
The United States is urging Mali to allow West African troops in the country, to help battle al-Qaida-linked militants in the north. U.S. Assistant Secretary of State for African Affairs Johnnie Carson says extremists must not be allowed to create a separate state. “We do not need to see a fragmentation of Mali. We do […]
Security Heightened in Bangladesh Following Attacks on Buddhists
Posted October 1st, 2012 at 11:15 am (UTC-5)
Security forces are patrolling parts of southern Bangladesh to protect Buddhists from further attacks by Muslims protesting a reported Facebook photo of a burned Quran. Soldiers and paramilitary border guards were deployed to Buddhist-majority villages in Cox’s Bazaar on Monday, following two days of Muslim attacks on Buddhist temples and homes. Authorities have also banned […]
Georgia Votes in Pivotal Parliamentary Election
Posted October 1st, 2012 at 11:05 am (UTC-5)
People voted across Georgia Monday in a parliamentary election that analysts say could determine the direction of the former Soviet republic. Monday’s vote pitted President Mikheil Saakashvili’s ruling United National Movement against Georgian Dream – a coalition founded by pro-Russian billionaire Bidzina Ivanishvili. More than 51,000 international election monitors and observers kept an eye on […]
Suicide Bomber Kills 14 in Afghanistan
Posted October 1st, 2012 at 11:00 am (UTC-5)
A suicide bomber has attacked a joint Afghan-NATO patrol in eastern Afghanistan, killing at least 14 people. NATO says the deaths Monday include three coalition service members and their interpreter. U.S. officials identified the three NATO soldiers as American. The Taliban claimed responsibility for the attack. Local officials say the bomber rammed a motorcycle into […]
Eurozone Unemployment Soaring
Posted October 1st, 2012 at 10:55 am (UTC-5)
Unemployment is soaring in Europe’s euro currency bloc, with another two-million workers left without jobs in the past year. The European Union reported Monday that more than 18 million workers were unemployed in the 17-nation currency union in August, the most since it first started keeping records in 1995. The eurozone jobless rate is 11.4 […]
