US Stocks Push Higher

Posted June 14th, 2011 at 12:35 pm (UTC-5)
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U.S. stock market indexes moved higher in Tuesday's midday trading.

The Dow Jones Industrial Average advanced slightly more than 1 percent. The S&P 500 gained 1.3 percent and NASDAQ rose 1.5 percent.

European stock markets closed higher. London's Financial Times 100 index gained half a percent to end at 5,803. The CAC-40 in Paris moved up 1.5 percent to close at 3,865. And the DAX in Frankfurt jumped 1.7 percent to finish at 7,205.

Earlier in Asia, Tokyo's Nikkei index gained 1.1 percent to finish at 9,548. Hong Kong's Hang Seng index lost one-tenth of a percent to finish the day's trading at 22,496.

The price of gold gained less than $1 to trade at $1,519.01 an ounce.

The dollar was higher against the yen but lost value compared to the euro.

China Pushes Iran to Return to Talks on Sidelines of Security Summit

Posted June 14th, 2011 at 12:35 pm (UTC-5)
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Chinese President Hu Jintao has urged his Iranian counterpart to resume six-nation talks as soon as possible, to guarantee Iran's right of the peaceful use of nuclear energy.

Both Mr. Hu and Iran's Mahmoud Ahmadinejad are in Kazakhstan's capital, Astana, for the annual summit of the Asian regional alliance known as the Shanghai Cooperation Organization.

President Hu told his Iranian counterpart that Tehran should take substantial steps to establish trust and promote dialogue, in the interest not only of Iran but for peace and stability in the Middle East as a whole.

Mr. Ahmadinejad told Mr. Hu that Iran is willing to return to talks with the five permanent members of the United Nations Security Council plus Germany. But last week he rejected a report by the United Nations nuclear agency, saying it would have no bearing on Iran continuing its nuclear activities.

Last week, China joined Western powers in expressing concern about Iran's consistent failure to comply with U.N. resolutions about “possible military dimensions” of its controversial nuclear program.

Iran is being sanctioned by the West for its controversial nuclear development. Tehran says its nuclear ambitions are peaceful.

The Iranian and Chinese leaders are joining their counterparts from Russia and the four central Asian countries of Kyrgyzstan, Tajikistan, Uzbekistan and Kazakhstan for the summit of the Shanghai Cooperation Organization on Wednesday, as the group celebrates its 10th anniversary.

Also attending the summit are the presidents of Pakistan and Afghanistan, as well as India's foreign secretary.

The alliance is considering expanding its membership for the first time beyond original members China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan. India, Iran, Mongolia and Pakistan have observer status. All but Mongolia are applying for full membership.

The summit is the latest in a series of international meetings hosted by Kazakhstan, which in recent months has welcomed a summit of the Organization for Security and Cooperation in Europe and the annual meeting of the European Bank of Reconstruction and Development.

The oil-rich, Muslim majority nation is considered to be the most stable country in the volatile Central Asia region.

India to Support States Hit by Maoist Insurgency

Posted June 14th, 2011 at 12:25 pm (UTC-5)
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India's home minister has offered federal support to states dealing with Maoist rebels.

Home Minister Palaniappan Chidambaram said Tuesday the government will enact a two-pronged approach that will include police action and development programs in the two states worst hit by the insurgency, Chhattisgarh and Orissa.

Chidambaram told reporters that although the number of deaths from rebel attacks is lower than last year, the violence is unacceptable.

Indian leaders have called the 40-year Maoist insurgency the country's biggest internal security threat.

The rebels have infiltrated more than 20 Indian states, saying they are fighting for jobs and land for the poor.

Indian officials say close to 1,200 people were killed in rebel-related violence in 2010. At least 250 people have been killed so far this year.

Madagascar Security Chiefs Reject Call for Former President’s Return

Posted June 14th, 2011 at 12:20 pm (UTC-5)
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Madagascar's security chiefs have rejected a call by southern African leaders to allow former president Marc Ravalomanana to return to the country.

A statement Tuesday by army chief General Andre Ndriarijaona and the heads of the police and gendarmerie said the former president's return would be destabilizing.

During a weekend summit, the Southern African Development Community urged Madagascar to allow Mr. Ravalomanana to return. The regional bloc issued the call after discussing ways to help restore democracy to Madagascar.

The former president has been living in South Africa since he was ousted in a coup in 2009.

Since then, the country has been ruled by military-backed President Andry Rajoelina.

Negotiations to resolve the political crisis have produced little, despite international pressure on Mr. Rajoelina and his government.

Somali PM Defies Deal, Refuses to Resign

Posted June 14th, 2011 at 12:05 pm (UTC-5)
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Somalia's prime minister is refusing to resign, defying a deal made by the president and parliamentary speaker to pave the way for a new government.

Prime Minister Mohamed Abdullahi Mohamed said Tuesday that he will stay in office following a wave of public support for him that included demonstrations in Mogadishu.

Mr. Mohamed said he will step down only if parliament fires him.

Last week, Somali President Sheikh Sharif Sheikh Ahmed and Parliament Speaker Sharif Hassan Sheikh Aden signed an agreement meant to head off a political crisis.

The mandate of Somalia's transitional government runs out in August, and Somali leaders remain at odds over how to proceed beyond then.

The agreement postponed presidential elections until August 2012 but also said Prime Minister Mohamed must step down within 30 days, to be replaced by a new prime minister who would appoint a new Cabinet.

Somalia has not had a functioning central government in 20 years, since warlords overthrow dictator Mohamed Siad Barre.

Chronic infighting has prevented successive governments from stabilizing the chaotic country. The current government is trying to retake parts of the capital and southern Somalia held by the Islamist insurgent group al-Shabab.

Obama Making Rare Presidential Visit to Puerto Rico

Posted June 14th, 2011 at 12:05 pm (UTC-5)
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U.S. President Barack Obama has arrived in the commonwealth of Puerto Rico, greeting an enthusiastic crowd with the Spanish greeting, “buenas tardes,” or “good afternoon.”

Upon landing in San Juan Tuesday, President Obama told Puerto Ricans gathered at the welcome event that he was grateful for the “unbelievable reception” and expressed his commitment to families on the island.

Among other efforts, he highlighted progress on the political question of statehood, which has long been a hot issue in the territory. Mr. Obama supports a referendum to be held before the end of next year that would allow the island's residents to choose among statehood, independence or the current semi-autonomous commonwealth status. He said when the people of Puerto Rico make a clear decision, his administration will stand by them.

Mr. Obama is the first sitting American president to make an official trip to the island in 50 years.

He is meeting with the island's governor, Luis Fortuno, at the governor's mansion. During the talks, the president is expected to draw attention to the $7 billion in stimulus money Puerto Rico received. Governor Fortuno says the stimulus has led to net gains in employment, although it has taken a long time for the spending to have an effect.

Tuesday's stop will last only five hours, but it fulfills a promise President Obama made when he was running for office in 2008. Visiting Puerto Rico during the campaign, Mr. Obama vowed to return if elected president.

Tuesday's visit also has significance for Mr. Obama's 2012 campaign as he continues to reach out to an increasingly powerful Hispanic voting bloc.

Citizens of Puerto Rico are not able to vote in a U.S. general election, but Puerto Ricans within the United States make up the second-largest group of Hispanics after Mexicans.

Mr. Obama is the fifth U.S. president to travel to the island and the first since former president John Kennedy went there in 1961.

Governor Fortuno says Mr. Obama's visit will allow the president to understand the issues that concern Puerto Ricans, particularly the need for job creation, and the impact of a worsening drug-trafficking problem in the Caribbean.

Puerto Rico was ceded to the United States by Spain in 1898 after the Spanish-American war. The island elects its own governor and sends delegates to major U.S. party nominating conventions. It also has a non-voting representative in the U.S. Congress.

Turkish Forces Kill 3 Suspected Militants

Posted June 14th, 2011 at 11:40 am (UTC-5)
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Turkish officials say security forces have killed three suspected militants in clashes in eastern Turkey.

The officials said the clashes occurred Tuesday in Sivas province. They did not specify any affiliation for the alleged militants; however, Kurdish rebels have an active stronghold in the country's southeast.

The outlawed Kurdistan Workers' Party, or PKK, has been fighting for an ethnic homeland in southeastern Turkey since 1984. That fighting has killed about 40,000 people.

Days earlier, the pro-Kurdish Peace and Democracy Party had a strong showing in Sunday's elections.

While the election was peaceful, the Anatolia news agency said police arrested 34 people in the mainly southeastern province of Batman for allegedly trying to coerce people into supporting Kurdish nationalists running as independents.

The Kurds also had threatened to boycott the vote after Turkey's main election board announced plans to ban seven Kurdish candidates from running. That decision was later reversed.

The Kurds are expected to play an important part in Prime Minister Recep Tayyip Erdogan's push to amend the country's constitution, written in 1982 when Turkey was under military rule.

His backers say the amended constitution would guarantee more rights for minorities, including Kurds. Kurdish leaders say it should recognize the Kurds as a distinct element of the nation and grant them autonomy.

Libyan Forces Fire Rockets Along Tunisian Border

Posted June 14th, 2011 at 11:35 am (UTC-5)
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Libyan rebels say forces loyal to Libyan leader Moammar Gadhafi have fired rockets at opposition fighters near the border with Tunisia.

The Reuters news agency quotes witnesses who say the Libyan rockets crossed the border into Tunisia, an act that could raise tensions that are already high between the two countries.

Libya fired rockets into Tunisia on May 17, and the Tunisian government threatened to report its neighbor to the U.N. Security Council for “enemy” actions. Libyan forces also have engaged in periodic short skirmishes with Tunisian troops after Libya's internal fighting spread across the border.

Meanwhile, the International Organization for Migration said Tuesday it has safely evacuated more than 220 migrants and 30 war wounded from the rebel-held western port of Misrata to Benghazi, the rebel stronghold in eastern Libya.

Most of the migrants were from Chad, Nigeria, Sudan and other parts of Africa. The IOM says the wounded included a 12-year-old boy with extensive head injuries.

Libyan rebels have advanced from Misrata towards the capital, Tripoli, breaking a government siege. Several rebel units have pushed the front lines west from Misrata to the outskirts of Zlitan, a neighboring town held by Mr. Gadhafi's forces.

The two sides traded heavy rocket and artillery fire Monday, with rebels using arms seized from government weapons depots and fresh armaments shipped from Benghazi.

Anti-government fighters in eastern Libya suffered a major setback Monday near the oil town of Brega, where pro-Gadhafi troops killed at least 21 rebels in an ambush east of the city.

The rebels scored a victory on the political front, however, when Canada announced Tuesday it will recognize the Transitional National Council as the”legitimate representative” of the Libyan people.

Canada joins several other nations in recognizing the opposition council. They include Germany, France, Italy, Qatar and the United Arab Emirates. The Obama administration is supporting the rebel cause but has stopped short of recognition.

U.S. Secretary of State Hillary Clinton called on African nations Monday to cut ties with Moammar Gadhafi and demand his removal.

Speaking at the African Union headquarters in Addis Ababa, Ethiopia, Clinton told African leaders gathered that Mr. Gadhafi has lost his legitimacy to rule. She urged them to call for a genuine cease-fire and throw their support behind the Libyan rebels' Transitional National Council.

Somali Pirates Free Egyptian Ship Held Since August

Posted June 14th, 2011 at 11:30 am (UTC-5)
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Somali pirates have released an Egyptian-owned cargo ship and its crew after receiving a ransom of more than two million dollars.

The Panama-flagged MV Suez was seized in the Gulf of Aden more than 10 months ago while carrying a load of cement from Pakistan to Eritrea.

The ship has a crew of 23 people, including Pakistanis, Indians and Egyptians. Their condition is unknown, but Pakistani officials said they expect the freed hostages to return home soon.

The ransom money, reportedly delivered sometime over the past few days, was raised in part by a fund set up by a Pakistani human rights activist, Ansar Burney.

Somali pirates have made hundreds of millions of dollars over the past few years by hijacking ships and holding them hostage.

Last week, pirates were reportedly paid $12 million for the release of a Kuwaiti oil tanker that had been held since late March.

Nepal Cleared of Landmines

Posted June 14th, 2011 at 11:25 am (UTC-5)
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Nepal has been declared free of landmines nearly five years after the end of its civil war, becoming the second Asian nation after China to receive the designation.

Nepalese Prime Minister Jhalanath Khanal on Tuesday triggered the switch to blow up the last remaining minefield in the Pulchowki area, near the capital Kathmandu.

Nepal's army had planted landmines in 53 areas across the Himalayan nation during its war with Maoist rebels, which ended with a peace agreement in November of 2006.

The mines, which were placed around key military facilities and infrastructure, were cleared as part of the peace deal.

United Nations officials, who attended Tuesday's ceremony, say 78 people have been killed by landmines in Nepal since the peace accord was signed.

Prime Minister Khanal and U.N. officials say that although the minefields have been removed, the threat of unexploded bombs remains.

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