Burkina Faso Soldiers Protest, Fire Shots

Posted June 1st, 2011 at 10:00 am (UTC-5)
Leave a comment

Witnesses in Burkina Faso say dozens of soldiers took to the streets late Tuesday and fired shots into the air in the country's second largest city.

Residents say the protest began at a military barracks in the city of Bobo-Dioulasso. There are conflicting reports about whether the soldiers looted businesses and buildings.

The West African country has seen a string of protests by soldiers, police, teachers and students in recent months, mostly in the capital, Ouagadougou.

The unrest started in February with protests against rising food prices, crime, and slow government reform.

In April, President Blaise Compaore dissolved his government, appointed a new prime minister, and named new security chiefs as part of efforts to stay in power.

President Compaore has ruled the country since seizing power in a 1987 coup. He was re-elected to another term last November.

US Stocks Slip at Open

Posted June 1st, 2011 at 9:50 am (UTC-5)
Leave a comment

Major U.S. stock market indexes slid lower in early trading Wednesday, following reports the job market created fewer jobs last month than many economists had forecast.

The Dow Jones Industrial Average and the S&P 500 index each fell three-tenths of a percent. The NASDAQ dropped almost two-tenths of a percent.

European stock prices were lower in afternoon trading.

London's Financial Times index slid three-tenths of a percent. The CAC-40 in Paris fell two-tenths of a percent. Trading on the DAX index in Frankfurt was down about one-quarter of a percent.

In Asia, Tokyo's Nikkei index gained more than one-quarter of a percent to finish at 9,720. Hong Kong's Hang Seng index lost nearly one-quarter of a percent to finish the day's trading at 23,626.

The price of gold rose slightly to trade at $1,536.13 an ounce.

The dollar traded lower against the yen and the euro.

August Trial Date Set for Egypt’s Mubarak

Posted June 1st, 2011 at 9:50 am (UTC-5)
Leave a comment

Egypt's former president Hosni Mubarak and his two sons will face trial in August on charges of fraud and orchestrating the killing of anti-government protesters who drove him from power.

Egypt state media on Wednesday announced the trial will begin on August 3. Mr. Mubarak and his sons, Alaa and Gamal, will face trial in a Cairo criminal court.

Prosecutors have been interrogating the former president at a hospital in Sharm el Sheikh, and his sons while in custody in a Cairo prison.

They are investigating Mr. Mubarak's alleged role in crimes going back decades. The charges against Mr. Mubarak and his sons include abuse of power and wasting public funds.

The setting of the trial date follows widespread calls for members of the former government to face justice. Human rights activists believe at least 800 people were killed during the protests, which ended nearly 30 years of Mr. Mubarak's rule.

Gamal Mubarak held no formal government position, but had a key post in the former ruling National Democratic Party and was seen as being groomed to succeed his father. His brother Alaa was a prominent businessman, also without an official post.

The former president's wife, Suzanne Mubarak, has also been questioned about alleged illegal gains. Last month, she agreed to hand over over several million dollars worth of property and other assets.

Yemeni Forces May Be Targeting Military Defectors

Posted June 1st, 2011 at 9:45 am (UTC-5)
Leave a comment

Witnesses in the Yemeni capital, Sana'a, say government forces have shelled a government building where army officers who have defected to the opposition are suspected to have taken refuge.

The shelling occurred during clashes in the capital between pro-government forces and loyalists to Sheik Sadeq al-Ahmar, an opposition tribal chief. Medical officials and witnesses tallying deaths say at least 39 people were killed in the fighting late Tuesday and Wednesday.

Battles have been raging on several fronts in Yemen, an indication that a tenuous cease-fire announced Friday has broken down. On Tuesday, officials said militants killed at least five soldiers in an ambush outside the southern city of Zinjibar, which was seized by hundreds of Islamist fighters on Sunday.

In the southern city of Taiz, security forces fired on anti-government demonstrators, killing four people. At least 25 people have died in violence in Taiz over the past few days.

5 Killed in Cross-Border Attack on Pakistan Post

Posted June 1st, 2011 at 9:35 am (UTC-5)
Leave a comment

Police in northwestern Pakistan say about 200 militants have crossed the border from Afghanistan and attacked a security checkpoint, killing at least five police officers.

Authorities said the attack happened Wednesday in the town of Shaltalo, in the Dir tribal area along the border with Afghanistan's Kunar province. Police say fighting is ongoing.

Militants have launched a number of attacks against Pakistani security forces following the May 2 killing of al-Qaida leader Osama bin Laden.

Despite the attacks, a top Pakistani army commander, Lieutenant General Asif Yasin Malik, says the military has no plans to launch an offensive in the North Waziristan region. Pakistani media reported earlier this week that the military was planning such an operation at the request of the United States.

Also Wednesday, military officials said a helicopter carrying the head of a paramilitary force crashed into the Indus River in eastern Pakistan, with all five people onboard feared dead.

The helicopter was transporting Major General Mohammed Nawaz, who commands the force known as the Punjab Rangers, and four other people when it went down in Punjab province.

Officials said at least one body has been recovered, adding that there are no reports of survivors. Police say the cause of the crash is not clear, but that bad weather may be to blame.

US Condemns Killing of Pakistani Journalist

Posted June 1st, 2011 at 9:35 am (UTC-5)
Leave a comment

Hundreds of people are mourning the death of a Pakistani journalist, as the country's spy agency denies involvement in his torture and killing.

Syed Saleem Shahzad was buried in Pakistan's southern port city of Karachi on Wednesday. His body was found about 200 miles from Islamabad on Tuesday, after he was reported missing earlier this week. Police say it showed signs of torture.

The 40-year old father of three worked for the Hong-Kong based Asia Times Online and other publications. He had recently written an article in which he alleged links between al-Qaida and the Pakistani navy.

A Human Rights Watch researcher, Ali Dayan Hasan, said Shahzad had told him that he feared Pakistani intelligence agents were after him.

On Wednesday, an unnamed official with Pakistan's Inter-Services Intelligence agency said allegations that the spy agency had threatened Shahzad or was somehow involved in his murder were “baseless” and” unfounded.”

The ISI official told the Associated Press of Pakistan that the journalist met with ISI officials in October of last year to discuss a story Shahzad had written and that the meeting was “polite” and “friendly.” The intelligence official added that Shahzad's death should not be used to target and malign the country's security agency.

Pakistani Prime Minister Yusuf Raza Gilani has expressed regret over Shahzad's death and ordered an immediate investigation.

Human rights group Amnesty International says any probe into Shahzad's abduction and death must investigate whether Pakistan's security and intelligence agencies, especially the ISI, was involved.

Amnesty's Asia-Pacific Director, Sam Zarifi, said Tuesday that Pakistan's intelligence agencies face serious allegations that they have been involved in the numerous killings of activists, lawyers and journalists.

U.S. Secretary of State Hillary Clinton also strongly condemned Shahzad's killing and welcomed Pakistan's probe. She said the journalist's reporting on terrorism and intelligence issues exposed the troubles extremism poses to Pakistan's stability.

Shahzad was last seen leaving his home in Islamabad on Sunday to participate in a television interview.

Slow Growth Hurts US Job Market

Posted June 1st, 2011 at 9:10 am (UTC-5)
Leave a comment

Sluggish economic growth appears to be slowing U.S. job creation.

Payroll processor ADP said Wednesday private companies added only 38,000 jobs in May. ADP also said fewer private sector jobs had been created in April than previously thought.

Many economists look at the ADP report as an indicator of what the more comprehensive government-issued employment report will say. That report from the Labor Department is due out Friday.

In a second survey released Wednesday, the job staffing company Challenger, Gray & Christmas reported U.S. employers announced more than 37,000 layoffs in May, up from the month before.

The Challenger report said there were fewer announced layoffs in May compared to the same time last year. Chief Executive John Challenger said the relatively small number of layoffs shows most employers are not worried about the long-term health of the U.S. economy.

Last month the U.S. unemployment rate rose slightly, to hit 9 percent.

The U.S. economy grew at a 1.8 percent rate for the first three months of the year.

Iranian Parliament to Challenge President’s Oil Role in Court

Posted June 1st, 2011 at 9:10 am (UTC-5)
Leave a comment

Iran's parliament says President Mahmoud Ahmadinejad acted illegally when he declared himself the caretaker oil minister and the assembly has voted to take him to court.

Iranian media reports said Wednesday that lawmakers voted overwhelmingly to refer the president's “violations” to the judiciary.

The country's constitutional watchdog body has already ruled that Mr. Ahmadinejad's takeover of the oil ministry was illegal.

The Guardian Council announced its decision in late May, after the president cut the number of government ministries — firing oil minister Masoud Mirkazemi in the process.

President Ahmadinejad then merged Mirkazemi's responsibilities into an energy ministry and took the job himself.

The apparent power struggle between the Iranian president and parliament comes on the heels of an incident that may have strained relations between Mr. Ahmadinejad and Iran's Supreme Leader Ayatollah Ali Khamenei.

In April, the president dismissed Intelligence Minister Heidar Moslehi, but the supreme leader vetoed the dismissal, in an apparent slap to Mr. Ahmadinejad.

Ethiopia Commutes Death Sentences of Mengistu Officers

Posted June 1st, 2011 at 9:00 am (UTC-5)
Leave a comment

Ethiopia has commuted death sentences given to 23 former officials for crimes committed during the rule of dictator Mengistu Haile Mariam.

Ethiopian President Girma Woldegiorgis announced Wednesday that he had reduced the officials' sentences to life in prison. The action follows an appeal for leniency by a group of religious leaders.

The officials were convicted of genocide in 2008, after a court found the Mengistu government had killed and tortured thousands of people during its 17-year rule.

Those whose death sentences have been commuted include Legesse Asfaw, known as “the butcher of Tigre,” former Prime Minister Fikresellassie Wogderes and former Vice President Fisseha Desta.

The death sentence imposed against Mr. Mengistu in 2007 remains in effect. The former leader was overthrown in 1991 and fled to Zimbabwe where he is still living in exile.

Zimbabwean President Robert Mugabe has refused to extradite him.

Israeli Company Embroiled in Controversy Over Iran Trade Allegations

Posted June 1st, 2011 at 8:40 am (UTC-5)
Leave a comment

An Israeli company is embroiled in controversy after it was blacklisted by the U.S. State Department last week for allegedly trading with Iran.

Ofer Brothers Group, which is owned by Israel's wealthiest family, was sanctioned because one of its subsidiaries sold an oil tanker to Iran.

The U.S. and allies have imposed sanctions against trade with Iran due to its controversial nuclear program. Iran says its nuclear ambitions are peaceful.

On Tuesday, an Israeli parliamentary hearing on the Ofer company ended shortly after it started when the hearing chairman, Carmel Shama-Hacohen, received a note from an aide.

The lawmaker has not revealed what the note said. He has said only that the note was not from a “political or business source.”

The U.S. State Department has said the Ofer business group should be held responsible for the actions of its subsidiaries.

Ofer Brothers Group has denied any wrongdoing. Israeli Prime Minister Benjamin Netanyahu has said the Israeli government has not approved any deals with Iran.

Israeli media have fueled an uproar about the scandal, with calls for a criminal investigation.

Israel considers Iran to be a major enemy and frequently calls for the world to take aggressive measures to curb Iran's alleged nuclear ambitions.

Calendar

October 2024
M T W T F S S
« Jan    
 123456
78910111213
14151617181920
21222324252627
28293031  

Archives

Categories