World stock markets advanced broadly on Tuesday as hope grew that the European debt crisis would be resolved. U.S. stock indexes moved higher in midday trading. The Dow Jones Industrial Average of 30 key stocks is up 2.6 percent, with the S&P 500 ahead 2.5 percent. The technology-laden NASDAQ is up 2.4 percent. European stock […]
World Stocks Advance Sharply on Tuesday
More than 270 Injured in China Subway Crash
China says two subway trains have crashed at a station in Shanghai, injuring more than 270 passengers. The official Xinhua news agency said one train slammed into the back of another after a mid-afternoon signal equipment failure at a station. The report said most of the injured sustained bone fractures and head trauma. Twenty people […]
Syrian Forces Raid 2 Towns as Crackdown Continues
Syrian forces have raided at least two towns on Tuesday in a continuing crackdown on dissent nationwide. Rights activists say at least 20 people were wounded in Rastan after security forces with machine guns and tanks pushed into the town, where some have been rebelling against government authority. Rastan lies between the flashpoint cities of […]
Congressional Accord Avoids US Goverment Shutdown
The U.S. Senate has approved a compromise agreement to temporarily fund government operations and avert a shutdown when the current fiscal year ends on Friday. In a bipartisan vote , the Democratic-controlled Senate Monday evening approved a stopgap spending measure, known as a “continuing resolution,” to keep the government operating through November 18th. The approval […]
US Markets Advance Monday
U.S. stock indexes advanced in Monday’s trading. The Dow Jones Industrial Average gained 2.5 percent to close at 11,044. The S&P 500 jumped 2.3 percent to finish at 1,163 while the NASDAQ advanced 1.4 percent to end at 2,517. European stock markets also closed higher. London’s Financial Times 100 index ended up half a percent […]
US Citizen Killed in Kabul Attack
An American citizen has been killed and another wounded in a shooting incident at a U.S. Embassy annex in Kabul. An embassy spokesman ((Gavin Sundwall) said Monday an Afghan employee of the U.S. government carried out the attack late Sunday in the Afghan capital, and that the attacker was killed. Officials did not give a […]
Gunfire Heard from Kabul CIA Compound
Afghan officials say a compound used by the U.S. Central Intelligence Agency in Kabul came under attack late Sunday. The officials said gunfire was heard near the Ariana Hotel, the CIA’s station in the Afghan capital. There was no immediate word on casualties. A U.S. official in Washington confirmed there was an attack on a […]
Pakistan Military Meets Amid US Tensions
Pakistan army chief General Ashfaq Kayani chaired an emergency meeting with his top commanders Sunday as a war of words with the United States escalated. Pakistani officials said corps commanders met at the General Headquarters in Rawalpindi to review the prevailing security situation in the country. The meeting followed scathing U.S. allegations that the Pakistani […]
Libya’s Provisional Fighters Attack Gadhafi Hometown
Libya’s provisional government fighters backed by NATO warplanes have fought their way into former leader Moammar Gadhafi’s hometown of Sirte. National Transitional Council fighters faced stiff resistance from snipers and other pro-Gadhafi forces. Local authorities said at least two NTC fighters were killed and more than 20 wounded in intense battles. NATO said its forces […]
Clashes in Yemen’s Capital Leave 40 Dead
Clashes between pro- and anti-government forces have left at least 40 people dead in Yemen on Saturday, a day after President Ali Abdullah Saleh unexpectedly returned to the country and called for a truce. Saturday’s unrest erupted in the capital, Sana’a, where government security forces have been battling opponents on several fronts. Activists say forces […]