Showing Archived Posts

US Labor Market Slumping, Even as Jobless Rate Falls

Posted September 7th, 2012 at 11:55 am (UTC-5)
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The slumping U.S. labor market added a meager 96,000 jobs last month, but the country’s unemployment rate declined as more Americans abandoned their search for work. The government reported Friday that the August jobless rate was 8.1 percent, down from 8.3 percent in July. It was the 43rd straight month that the figure has been […]

Tags: , , , Posted in Economy

US to Designate Pakistan’s Haqqani Network as Terror Group

Posted September 7th, 2012 at 9:20 am (UTC-5)
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The U.S. has moved to designate the Pakistan-based Haqqani network as a terrorist organization, a decision that could pave the way for tough financial sanctions against the militant group. A senior State Department official says Secretary of State Hillary Clinton signed a report to Congress Friday that says the group meets the criteria for a […]

Tags: , , , Posted in South Asia

Pakistani Judge Grants Baill to Girl Accused of Blasphemy

Posted September 7th, 2012 at 6:05 am (UTC-5)
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A Pakistani judge has granted bail to a Christian girl accused of blasphemy. Rimsha Masih was arrested last month in Islamabad after angry neighbors accused her of burning pages from the Quran. During a hearing on Friday, a Judge Judge Mohammad Azam Khan ordered Masih’s release after hearing arguments from lawyers on both sides. She […]

Tags: , , , Posted in South Asia

Earthquake Kills 43, Damages 40,000 Homes in Southwest China

Posted September 7th, 2012 at 4:35 am (UTC-5)
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Chinese state media say a series of earthquakes in southwestern China has killed at least 43 people and injured scores of others. The official Xinhua news agency says the 5.7-magnitude quake and several subsequent tremors hit Yunnan and Guizhou provinces Friday, damaging about 40,000 homes in the area. At least 16 aftershocks have been reported. […]

Tags: , , , Posted in East Asia Pacific

Clinton Heads For APEC Summit in Russia

Posted September 6th, 2012 at 7:55 pm (UTC-5)
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U.S. Secretary of State Hillary Clinton has wrapped up her six-nation tour of Asia and is heading for a meeting of Asia-Pacific nations in Vladivostok, Russia. A territorial dispute in the South China Sea is high on the agenda at the gathering of officials and economic leaders from more than 20 nations. China claims sovereignty […]

Tags: , , , , Posted in East Asia Pacific

Putin: Moscow Won’t Change Position on Syria

Posted September 6th, 2012 at 6:45 pm (UTC-5)
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Russian President Vladimir Putin has signaled that Moscow is not ready to shift its stance on supporting Syria, and suggested that Western nations are relying on militant groups like al-Qaida to help topple Syrian President Bashar al-Assad. Speaking on Russia Today television, Mr. Putin called this a “dangerous and very shortsighted” policy, but he did […]

Tags: , , Posted in Middle East

European Central Bank to Buy Government Bonds

Posted September 6th, 2012 at 3:25 pm (UTC-5)
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The European Central Bank says it is going to buy the bonds of the debt-ridden countries in the euro currency union in hopes of easing their borrowing costs. The bank set no limit Thursday on the volume of the bonds it plans to buy, Europe’s latest effort to resolve the three-year debt crisis. The bank […]

Tags: , , , , Posted in Economy

Obama To Sketch Economic Vision During Acceptance Speech

Posted September 6th, 2012 at 2:30 pm (UTC-5)
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U.S. President Barack Obama will use Thursday’s acceptance speech at the Democratic National Convention to explain his economic vision for the country and attempt to woo undecided voters. Mr. Obama’s adviser David Plouffe told ABC television Thursday that, after the address, voters would have a “very clear sense” of where the president believes the country […]

Tags: , , , , , Posted in US

60 Dead After Boat Capsizes Off Turkish Shore

Posted September 6th, 2012 at 11:50 am (UTC-5)
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Turkish officials say at least 60 people have drowned, about half of them children, after a boat carrying illegal immigrants sank in waters off western Turkey. The provincial government of Izmir said Thursday that 31 of the victims were children, and most of the others were women. The boat is believed to have been bound […]

Tags: , , , Posted in Europe

Egypt, Turkey Criticize Syria’s Assad

Posted September 5th, 2012 at 7:55 pm (UTC-5)
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Egypt’s president says Syrian leader Bashar al-Assad must learn from “recent history” and step down before it is too late, while Turkey’s prime minister said Syria has become a “terrorist state” carrying out massacres against its own people. Egyptian President Mohamed Morsi told a meeting of the Arab League in Cairo Wednesday that a resolution […]

Tags: , , , Posted in Middle East

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