Showing Archived Posts

US Foils Alleged Iranian Plot to Assassinate Saudi Ambassador

Posted October 11th, 2011 at 7:10 pm (UTC-5)
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The U.S. Justice Department filed charges Tuesday against two Iranians, accusing them of conspiring with elements of the Iranian government to kill Saudi ambassador to the United States Adel al-Jubeir. The White House says President Barack Obama called the Saudi ambassador to express solidarity against the plot, which he called a “flagrant violation” of U.S. […]

Tags: , , , , , Posted in US

Senate Rejects Obama Jobs Bill

Posted October 11th, 2011 at 7:05 pm (UTC-5)
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The U.S. Senate has rejected President Barack Obama’s plan to create millions of new jobs through government work programs and tax breaks for businesses. Tuesday’s vote was a procedural vote — called by Democrats to see whether the bill could be brought to a full debate and final consideration. Earlier in the day, Mr. Obama […]

Tags: , , , , Posted in US

Liberia’s Second Post-War Election Peaceful

Posted October 11th, 2011 at 4:25 pm (UTC-5)
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Voting has wrapped up peacefully in Liberia’s national elections, the second since the end of a 14-year civil war. Election observers told VOA that voting had proceeded smoothly despite heavy rains in some parts of the country. President Ellen Johnson Sirleaf is facing a tough fight for a second term, just days after receiving the […]

Tags: , , , Posted in Africa

US Stocks Mixed in Midday Trading Tuesday

Posted October 11th, 2011 at 12:50 pm (UTC-5)
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Prices on major U.S. stock indexes were mixed in midday trading Tuesday. The Dow Jones Industrial Average is down slightly from Monday’s close, while the S&P 500 index is up a tenth of a percentage point. The NASDAQ composite index is ahead six-tenths of one percent. European stocks closed mixed. The Financial Times index in […]

Tags: , , , Posted in Economy

Moscow Calls Ukraine’s Sentencing of Tymoshenko ‘Anti-Russian’

Posted October 11th, 2011 at 9:50 am (UTC-5)
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Russia has criticized Ukraine for sentencing former prime minister Yulia Tymoshenko to seven years in prison for abusing power in relation to a gas deal she brokered between the two neighbors in 2009. In a ruling Tuesday, Ukrainian Judge Rodion Kireyev said Ms. Tymoshenko, now an opposition leader, exceeded her authority in signing the gas […]

Tags: , , , Posted in Europe

Top Syrian Cleric Warns of Suicide Bombs if West Attacks

Posted October 10th, 2011 at 6:55 pm (UTC-5)
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Syria’s top Sunni Muslim cleric has warned Western countries against military intervention, threatening to retaliate with suicide bombings in the United States and Europe if his country comes under attack. Grand Mufti Ahmad Badreddin Hassoun gave a speech and told the U.S. and Europe that “we will prepare suicide bombers who are already in your […]

Tags: , , Posted in Middle East

Belgium Buys Subsidiary of Financially Troubled Dexia Bank

Posted October 10th, 2011 at 5:10 pm (UTC-5)
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Belgium is buying a subsidiary of the financially troubled Dexia bank, the first European bank heading toward possible collapse because of the regional debt crisis. The government says it is paying $5.4 billion for Dexia’s Belgian subsidiary. Members of Qatar’s royal family already have said they will pay $1.4 billion to buy the bank’s Luxembourg […]

Tags: , , , Posted in Economy

US Stocks Advance Sharply in Monday Trading

Posted October 10th, 2011 at 4:30 pm (UTC-5)
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(adds US closing)) U.S. and European stock indexes advanced sharply in Monday trading. The Dow Jones Industrial Average ended up nearly 3 percent to close at 11,433. The broader S&P 500 index was up almost 3.5 percent at 1,195, and the NASDAQ was up 3.5 percent to end at 2,566. European stock markets closed higher. […]

Tags: , , , Posted in Economy

Two Americans Win Economics Nobel

Posted October 10th, 2011 at 1:20 pm (UTC-5)
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Americans Thomas Sargent and Christopher Sims have won the 2011 Nobel economics prize for research on the relationship between government policy decisions and the economy. The Royal Swedish Academy of Sciences awarded the prize Monday for “research on cause and effect” in the economy. The winners’ studies in the 1970s and 1980s looked at questions […]

Tags: , , , , Posted in Economy

Egypt’s Military Rulers Order Investigation of Cairo Clashes

Posted October 10th, 2011 at 12:35 pm (UTC-5)
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Egypt’s ruling military council has ordered the government to investigate the killings of at least 25 people in Sunday’s deadly street battles between Coptic Christians and Egyptian security forces in Cairo. The military council issued the order Monday after crisis talks on the country’s worst violence since a February uprising that ousted longtime president Hosni […]

Tags: , , , Posted in Middle East

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