U.S. congressional leaders will meet again with President Barack Obama Tuesday, with no signs of progress on a deal to reduce the deficit and raise the government’s borrowing limit. Tuesday’s talks come three weeks before the August 2 deadline, when the U.S. Treasury Department says the country will run up against the $14.3 trillion debt […]
More Talks Three Weeks Before US Hits Debt Limit
Posted July 12th, 2011 at 8:20 am (UTC-5)
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Argentine Heirs’ DNA Tests Come Back Negative
Posted July 11th, 2011 at 6:30 pm (UTC-5)
Legal sources in Argentina say DNA taken from the adopted children of one of the country’s richest women does not match blood samples from two families who suspect the siblings were stolen as babies during the country’s so-called “dirty war.” The results come more than a month after a court ordered Felipe and Marcela Noble […]
Crude Oil Prices Fall
Posted July 11th, 2011 at 4:30 pm (UTC-5)
Here are the prices of some key commodities traded in New York on Monday: Crude oil prices fell more than $1 to to hit $95.09 a barrel. Coffee prices dropped 5 cents to end at $2.59 per pound. Copper prices dropped 4 cents to close at $4.36 per pound. Cocoa futures fell $41 to end […]
Guatemala’s President Blames Organized Crime for Folk Singer’s Death
Posted July 11th, 2011 at 3:45 pm (UTC-5)
Guatemalan President Alvaro Colom is blaming organized criminals for the shooting death of Argentine folk singer Facundo Cabral this past Saturday in Guatemala City. President Colom made the comment Monday in an interview with a Mexican radio station , and said the attack is under investigation. The Guatemalan leader did not say which criminal group […]
US First Lady, Secretary of State to Attend Betty Ford’s Funeral
Posted July 11th, 2011 at 3:20 pm (UTC-5)
U.S. first lady Michelle Obama and Secretary of State Hillary Clinton are expected to attend the funeral of former first lady Betty Ford, who died Friday at the age of 93. The service for Mrs. Ford is scheduled for Tuesday at a church in Palm Desert, California. Her remains are then to be flown to […]
Chile Strike Halts World’s Largest Copper Producer
Posted July 11th, 2011 at 2:45 pm (UTC-5)
Unionized workers at Chile’s Codelco, the world’s largest copper producer, have begun a 24-hour strike in a dispute with the government over the future of the company. The workers walked off the job Monday over modernization plans that union officials say will lead to huge job losses and possible privatization of some of the company’s […]
US First Lady to Attend Betty Ford’s Funeral
Posted July 11th, 2011 at 1:25 pm (UTC-5)
The White House says President Barack Obama’s wife, Michelle Obama, will attend the funeral of former first lady Betty Ford, who died Friday at the age of 93. Mrs. Ford’s funeral is scheduled for Tuesday at a church in Palm Desert, California. Following the service her remains will be flown to Michigan for a public […]
Obama: Urgent Action Needed On Debt Deal
Posted July 11th, 2011 at 12:35 pm (UTC-5)
U.S. President Barack Obama says it is time to set aside politics and make a deal with both parties in Congress that will allow the United States to keep borrowing money, while cutting government deficits and debt. At a news conference Monday in Washington, Mr. Obama said he will meet with opposition Republicans and his […]
Obama: Debt Agreement Will Be Reached by Aug. 2
Posted July 11th, 2011 at 12:05 pm (UTC-5)
President Obama says he and congressional leaders will reach an agreement on the debt and deficit by the August 2 deadline. He says after the agreement is reached, the United States will be in the position to make the kind of investments necessary to put the economy back on the right track and win the […]
Obama Says Economy, Jobs Biggest Priorities
Posted July 11th, 2011 at 11:50 am (UTC-5)
US President Barack Obama says the biggest priority of his administration is putting the economy back on track and getting people back to work. The U.S. Labor Department reported Friday that the nation’s unemployment rate had increased to 9.2 percent. The report indicated that the number of new jobs being created was slowing. At the […]
