Mexican officials say gunmen have killed at least 10 police officers and a civilian in an ambush in the the western state of Sinaloa. Authorities say Friday’s attack happened near the town of Guasave when the officers were returning from a political event . The French news agency says the officers belonged to a security […]
Chavez to Get Cancer Treatment in Cuba
Posted July 15th, 2011 at 7:30 pm (UTC-5)
Venezuelan President Hugo Chavez says he will travel back to Cuba Saturday for a “second phase” of treatment for his cancer. Mr. Chavez told reporters Friday the new phase will include chemotherapy. He said he had sent a letter to the national assembly formally asking their permission for the trip. The Venezuelan leader has not […]
US Inflation Eases
Posted July 15th, 2011 at 2:50 pm (UTC-5)
U.S. consumer prices dropped two-tenths of a percent in June, largely because of a decline in the cost of oil. Friday’s report from the Labor Department says outside the volatile areas of energy and food, prices in the overall economy rose a modest 1.6 percent over the past year. A separate report says U.S. consumers […]
Chavez May Head to Brazil for Cancer Treatment
Posted July 15th, 2011 at 1:40 pm (UTC-5)
Venezuelan President Hugo Chavez could soon be traveling to Brazil as part of his ongoing battle against cancer. Brazil’s official news agency said Friday the Venezuelan leader is expected to arrive in the coming days after working out details of the visit with the staff of Brazilian President Dilma Rousseff. Mr. Chavez is expected to […]
Obama, Republicans Still Wrangling Over US Debt
Posted July 15th, 2011 at 12:10 pm (UTC-5)
President Barack Obama and opposition Republicans called on each other to offer “serious” plans to solve the nation’s financial problems on Friday. In a televised news conference, Mr. Obama said again he is willing to consider cuts in popular social programs including pensions and health care for the elderly, and aid to veterans. In return, […]
Obama: Agreement Would Be Good for America
Posted July 15th, 2011 at 11:30 am (UTC-5)
President Obama says reaching an agreement on debt and deficit would be good for the overall business climate and send an encouraging message to the American people. He said the Republican plan should include extensions on payroll tax cuts and jobless benefits. But he said he has not seen a “credible plan” on how to […]
Obama Ready to Move on ‘Serious’ Package
Posted July 15th, 2011 at 11:15 am (UTC-5)
President Obama said he is ready to move ahead with cutting spending if Republican lawmakers show him what he called a “serious plan.” He said the American people want to see Washington do its job, and that it is not fair to ask for middle class families to make sacrifices without asking for sacrifices from […]
Obama: ‘Adverse’ Consequences If US Defaults
Posted July 15th, 2011 at 11:10 am (UTC-5)
U.S. President Barack Obama has warned of “adverse” consequences for all Americans, such as higher interest rates, if the United States defaults on its obligations. At the White House Friday, Mr. Obama told reporters that all congressional leaders have reiterated the desire to make sure that U.S. does not default. He said the United States […]
Obama, Republicans Still Wrangling Over US Debt
Posted July 15th, 2011 at 10:40 am (UTC-5)
The political wrangling over spending, debt, and taxes continued in Washington Friday, with President Barack Obama and opposition Republicans holding separate news conferences to outline their positions. The Republican Speaker of the House of Representatives, John Boehner, said his party does not want a default. He also said it is vital to make what he […]
Obama to Address Debt Crisis
Posted July 15th, 2011 at 5:55 am (UTC-5)
U.S. President Barack Obama will hold a news conference at the White House Friday morning to discuss his negotiations with congressional leaders over raising the national borrowing limit and decreasing the deficit. At the end of a fifth day of talks Thursday, Mr. Obama told negotiators it is “decision time,” and gave them until Saturday […]
