U.S. stock indexes fell in early trading Thursday. The Dow Jones Industrial Average is down nine-tenths of a percent, while the S&P 500 index is off 1.1 percent. The NASDAQ index is down four-tenths of a percent. European stock prices are also lower in afternoon trading. London’s Financial Times index is off one percent, with […]
US Stocks Slide in Early Thursday Trading
Posted October 13th, 2011 at 10:30 am (UTC-5)
Leave a comment
Libya’s Gadhafi Loyalists Fight To Hold on to Sirte
Posted October 13th, 2011 at 9:55 am (UTC-5)
Well-armed loyalists of former Libyan leader Moammar Gadhafi have slowed an advance by provisional government fighters who have been trying to gain control of the coastal town of Sirte. The National Transitional Council fighters say they had to retreat in part of the town on Thursday under heavy artillery fire. NTC officials also backtracked on […]
US Envoy in Pakistan as Drone Strike Kills Four in Northwest
Posted October 13th, 2011 at 4:35 am (UTC-5)
Pakistani intelligence officials say a suspected U.S. drone strike has killed at least four militants in the country’s North Waziristan tribal region. Thursday’s strike targeted suspected members of the Haqqani network — a militant group affiliated with the Taliban and al-Qaida fighting coalition forces in neighboring Afghanistan. Officials say a logistics coordinator for the group, […]
US Congress Approves Trade Deals with South Korea, Panama, Colombia
Posted October 12th, 2011 at 8:35 pm (UTC-5)
The U.S. Congress has approved free trade agreements that supporters say will boost U.S. exports by $13 billion annually. Members of the House of Representatives voted by a comfortable margin Wednesday in favor of the agreements with South Korea, Panama and Colombia. Later in the day, the Senate also overwhelmingly approved the trade pacts. All […]
White House Concerned About China Currency Bill
Posted October 12th, 2011 at 6:45 pm (UTC-5)
The White House says it is concerned about parts of a proposed law that could bring sanctions against China or any country deliberately manipulating the value of its currency. Spokesman Jay Carney said Wednesday the White House agrees with the goal of the bill the Senate passed Tuesday, making sure U.S. workers and companies have […]
Libya’s NTC: Gadhafi’s Son Mutassim Captured in Sirte
Posted October 12th, 2011 at 6:00 pm (UTC-5)
Libya’s provisional government says Moammar Gadhafi’s son Mutassim has been arrested in the coastal city of Sirte. National Transitional Council officials Wednesday said Mutassim Gadhafi was taken to the eastern town of Benghazi where authorities questioned him. They gave no additional details. Earlier, anti-Gadhafi fighters said they now control more than 80 percent of Sirte, […]
Saudi Arabia Vows Iran Must Pay Price for Assassination Plot
Posted October 12th, 2011 at 2:45 pm (UTC-5)
Saudi Arabia has vowed that Iran must “pay the price” for an alleged scheme to assassinate the Saudi ambassador to the United States, as U.S. and British officials say they are discussing a push for a new round of sanctions against Tehran. Saudi Prince Turki al-Faisal, a former ambassador to Washington, said Wednesday the burden […]
Nigerian Accused of Failed US Plane Attack Pleads Guilty
Posted October 12th, 2011 at 2:00 pm (UTC-5)
The Nigerian man accused of trying to blow up an American airliner with a bomb in his underwear has pleaded guilty to all charges against him. Umar Farouk Abdulmutallab faces life in prison for the failed 2009 Christmas Day attack. He pleaded guilty Wednesday to the eight charges against him, including conspiracy to commit terrorism, […]
Biden: Iran Must be Held Accountable for Alleged Assassination Plot
Posted October 12th, 2011 at 11:55 am (UTC-5)
U.S. Vice President Joe Biden says an alleged Iranian-backed attempt to assassinate the Saudi ambassador to the United States is an “outrageous act” for which Iran has to be held accountable. Tehran has denied involvement in the case. Biden told the U.S. television network ABC on Wednesday that “nothing has been taken off the table” […]
India, Vietnam Sign Deal to Explore South China Sea
Posted October 12th, 2011 at 11:25 am (UTC-5)
India and Vietnam have announced plans to search for oil and gas in the South China Sea, risking new tensions with China. India and Vietnam signed the deal Wednesday during Vietnamese President Truong Tan Sang’s visit to New Delhi. It calls for cooperation between India’s state-owned Oil and Natural Gas Corporation and PetroVietnam to increase […]
