South Korean officials say North and South Korea exchanged artillery fire Wednesday in an area near their tense maritime border in the Yellow Sea. A defense ministry official in Seoul said all the shots fell into the sea and there were no reports of damage or injuries. The exchange took place near Yeonpyeong island, where […]
South Korea Reports Artillery Exchange With North Near Border Island
Posted August 10th, 2011 at 9:50 am (UTC-5)
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Global Stocks Rebound and Then Sag
Posted August 10th, 2011 at 9:45 am (UTC-5)
Many stock markets around the world rebounded Tuesday and early Wednesday after top officials of the U.S. central bank said they will probably keep interest rates at their current ultra-low level until the middle of 2013. But continuing concerns about the U.S. economy and Europe’s debt problems drove U.S. and European stocks back down sharply […]
Suspected U.S. Drone Strike Kills 20 in Pakistan
Posted August 10th, 2011 at 2:50 am (UTC-5)
Pakistani intelligence officials say a U.S. drone strike has killed at least 20 militants in the North Waziristan tribal region along the Afghan border. The officials said the unmanned aircraft fired two missiles into a house Wednesday near the town of Miranshah, and that the militants include members of the Haqqani network. The militant group […]
Four EU Nations Criticize Tymoshenko Arrest in Ukraine
Posted August 9th, 2011 at 6:50 pm (UTC-5)
Four European Union members that once were under the Soviet sphere are criticizing the arrest of former Ukrainian Prime Minister Yulia Tymoshenko for alleged abuse of power. The Czech Republic, Hungary, Poland and Slovakia say all Ukrainians are entitled to fair, transparent and independent judicial proceedings. Czech President Vaclav Klaus sent a personal letter to […]
Libya Accuses NATO of Civilian Deaths
Posted August 9th, 2011 at 2:50 pm (UTC-5)
The Libyan government is accusing NATO forces of killing dozens of civilians in a village near the western town of Zlitan. Authorities Tuesday said 85 people were killed late Monday following allied airstrikes over the region. State-run television showed video of what it said were victims of the strikes, including women and small children. The […]
Bodies of US Troops Killed in Afghan Helicopter Crash Return Home
Posted August 9th, 2011 at 12:50 pm (UTC-5)
U.S. President Barack Obama has arrived at Dover Air Force Base to pay his respects to the 30 U.S. troops killed in a helicopter crash in Afghanistan. The Pentagon says two military planes carrying the remains arrived at the air base in Delaware earlier Tuesday. Insurgents reportedly shot down the Chinook transport helicopter Saturday, during […]
US Stocks Advance Sharply in Midday Trading Tuesday
Posted August 9th, 2011 at 12:35 pm (UTC-5)
U.S. stock indexes advanced sharply in midday trading Tuesday after the huge sell-off on Monday. The Dow Jones Industrial Average is ahead 2.1 percent, the broader S & P 500 2.8 percent and the NASDAQ by 3.5 percent. In Europe, London’s Financial Times 100 index jumped 1.9 percent to end at 5,165, while the CAC-40 […]
Turkey’s FM Visits Syria Amid Protest Crackdown
Posted August 9th, 2011 at 9:40 am (UTC-5)
Turkey’s foreign minister has met with Syrian President Bashar al-Assad in a bid to press Syria to end its violent crackdown on dissent. Turkish officials say Ahmet Davutoglu traveled to Syria on Tuesday to deliver a “decisive” message to the Syrian leadership. Turkey has said it was running out of patience with its neighbor. The […]
British PM Recalls Parliament to Deal With Riots
Posted August 9th, 2011 at 7:30 am (UTC-5)
British Prime Minister David Cameron has recalled Parliament from its summer recess to deal with the crisis related to three days of rioting in London and new violence in other parts of Britain. Mr. Cameron cut short a vacation in Italy and rushed back to London to deal with some of the city’s worst rioting […]
Asian Markets Trim Losses as Investors Look for Bargains
Posted August 9th, 2011 at 3:40 am (UTC-5)
Asian markets are lower Tuesday as investors react to an unprecedented downgrade of the U.S. government’s credit rating and lingering concerns about European debt problems and global economic growth. Japan’s Nikkei index closed 1.68 percent lower Tuesday, recovering from a more than 4 percent drop earlier in the session. Analysts said some buyers came in […]
