Thousands of Greek workers walked off their jobs Wednesday, shutting down public services in a massive protest against the government’s austerity measures aimed at securing more international aid for the debt-ridden country. The 24-hour strike called by Greece’s two major unions shut schools, courts, local and national governmental operations, and forced the cancellation of more […]
Greek Workers Strike Against Austerity Measures
Posted October 5th, 2011 at 9:30 am (UTC-5)
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College Student Amanda Knox Returns to US
Posted October 4th, 2011 at 9:00 pm (UTC-5)
American college student Amanda Knox has returned to the United States as a free woman, one day after an appeals court in Perugia, Italy overturned her conviction for murder in the death of her roommate. A British Airways plane carrying the 24-year-old Knox and her family landed Tuesday at Seattle-Tacoma International Airport Washington. At a […]
Belgium, France Step In to Save Ailing Bank
Posted October 4th, 2011 at 8:20 pm (UTC-5)
Belgium and France have guaranteed that no depositor will lose money, under their plan to save troubled Dexia bank from collapse. Shares in Dexia plummeted almost 40 percent Tuesday before rebounding, still ending the day down about 20 percent. Dexia, owned in part by the Belgian and French governments, is burdened by billions of dollars […]
Civilians Flee Besieged Sirte
Posted October 4th, 2011 at 6:00 pm (UTC-5)
Libyans poured out of Moammar Gadhafi’s besieged hometown of Sirte Tuesday, after three weeks of brutal shelling and gunbattles finally forced them to flee through hostile interim government checkpoints. Cars piled high with possessions and carrying terrified, hungry families crawled out of the strategic coastal city to have their belongings searched and identities checked by […]
Tutu: South African Government Worse Than Apartheid Regime
Posted October 4th, 2011 at 4:20 pm (UTC-5)
South African archbishop Desmond Tutu says the country’s government is worse than the old apartheid regime for failing to issue a travel visa to the Dalai Lama. Tutu made his comments Tuesday, soon after the Dalai Lama said South Africa’s failure to give him a visa had forced him to cancel plans to attend this […]
US Defense Chief Holds Talks on Egypt’s Regional Security
Posted October 4th, 2011 at 3:35 pm (UTC-5)
U.S. Defense Secretary Leon Panetta and the head of Egypt’s ruling military council have discussed regional security issues, after recent cross-border attacks between Egypt and Israel sparked a diplomatic dispute between the two countries. Panetta and Field Marshal Hussein Tantawi held talks on the issue Tuesday during a meeting in Cairo that covered a wide […]
Obama Criticizes Republican Rival Over Jobs Bill
Posted October 4th, 2011 at 2:35 pm (UTC-5)
Title: OBAMA 2nd UPD HEAD: Obama Criticizes Republican Rival Over Jobs Bill DATE: 10/04/11 NUMBER: 1453666 TYPE: CN )) U.S. President Barack Obama is calling on a leading Republican in the House of Representatives to bring a $447 billion jobs bill up for a vote in his chamber. The White House Tuesday released the president’s […]
Fed Chair Warns US Congress on Spending
Posted October 4th, 2011 at 11:40 am (UTC-5)
The chairman of the U.S. central bank is warning lawmakers not to cut government spending too sharply too soon, saying it could further harm the economy. Federal Reserve Chairman Ben Bernanke testified before Congress Tuesday, telling members of both the House of Representatives and the Senate the U.S. recession was deeper than the Fed initially […]
World Markets Plunge Again on Tuesday
Posted October 4th, 2011 at 10:20 am (UTC-5)
World stock indexes plunged for a second straight day Tuesday as worries about a Greek debt default continued to roil financial markets. In the United States, all three major stock indexes fell sharply in early trading. The bellwether Dow Jones Industrial Average of 30 key stocks slid 1.5 percent in early trading. The broader S&P […]
Regional Tensions Frame Karzai’s India Visit
Posted October 4th, 2011 at 9:50 am (UTC-5)
Afghan President Hamid Karzai is in India for a two-day visit that is expected to strengthen the two countries’ economic and security ties. Mr. Karzai and Indian Prime Minister Manmohan Singh met in New Delhi late Tuesday. In addition to economic deals, the two leaders are expected to sign an agreement that calls for India […]
