The key U.S. stock index recovered some of the ground lost Thursday when stocks around the world plunged on worries about the European debt crisis, and faltering economic growth in the United States. In a day of trading that saw wide swings back and forth, the Dow Jones Industrial Average was up six-tenths of a […]
US Stocks Mixed After Volatile Day of Trading
Posted August 5th, 2011 at 4:35 pm (UTC-5)
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Thousands Protest in Syria, as Death Toll Mounts
Posted August 5th, 2011 at 11:15 am (UTC-5)
Syrian security forces are firing on protesters who staged mass rallies on Friday in defiance of a government crackdown. Witnesses and activists say at least eight people were killed when forces used live ammunition and tear gas on demonstrators calling for President Bashar al-Assad’s departure. News reports indicate most of the deaths took place near […]
US, Europe Markets Concern Spreads to Asia
Posted August 5th, 2011 at 7:45 am (UTC-5)
Asian stock markets dropped sharply Friday, following Thursday’s steep losses in the United States and Europe that were blamed on investors’ fears of another world economic downturn. Tokyo’s Nikkei index closed down 3.72 percent at its lowest level in five months, and Hong Kong’s Hang Seng plunged more than 4 percent. Some European markets showed […]
Rains from Emily Drench Hispaniola
Posted August 4th, 2011 at 9:05 pm (UTC-5)
Tropical Storm Emily has brought drenching rain to the island shared by Haiti and the Dominican Republic, but has now weakened in the mountains dividing the two countries. The National Hurricane Center in Miami said in its most recent bulletin Thursday that Emily is “losing organization” as it interacts with the mountains of Hispaniola and […]
Asian Markets Open Sharply Lower After US, European Plunge
Posted August 4th, 2011 at 8:50 pm (UTC-5)
Major Asian markets opened sharply lower Friday after concerns that another global economic downturn may be on the way sent U.S. and European markets plunging. Tokyo’s Nikkei, Sydney’s Australian Securities Exchange, and Seoul’s Kospi were all down about four percent shortly after opening. Thursday, the Dow Jones Industrial Average in New York plummeted 513 points, […]
Syria Announces Reforms; Hama Remains Under Siege
Posted August 4th, 2011 at 6:30 pm (UTC-5)
Syrian President Bashar al-Assad has issued a decree that allows citizens to form political parties. The decree comes as the death toll continues to rise in the government’s crackdown on political dissent. The state-run SANA news agency said Thursday the presidential decree gives citizens the right to establish and join political parties as long as […]
Rains from Emily Drench Hispaniola
Posted August 4th, 2011 at 3:40 pm (UTC-5)
Tropical Storm Emily has brought drenching rain to the island shared by Haiti and the Dominican Republic, but has now weakened in the mountains dividing the two countries. The National Hurricane Center in Miami says in its most recent bulletin Thursday that Emily is “losing organization” as it interacts with the mountains of Hispaniola and […]
US Stocks Fall Sharply in Midday Trading Thursday
Posted August 4th, 2011 at 2:00 pm (UTC-5)
U.S. stock market indexes fell sharply in Thursday’s midday trading, following a significant plunge on European exchanges. The Dow Jones Industrial Average is down 2.4 percent. The broader S&P 500 is off 2.6 percent, and the NASDAQ by 2.7 percent. European stock markets finished sharply lower. London’s Financial Times 100 index fell 3.4 percent to […]
India’s Sonia Gandhi to Undergo Surgery Abroad
Posted August 4th, 2011 at 12:10 pm (UTC-5)
India’s ruling Congress Party says its leader, Sonia Gandhi, has traveled abroad to undergo surgery for an undisclosed medical condition. Party spokesman Janardhan Dwivedi told reporters Thursday that Gandhi could be away for two to three weeks. He did not say what the operation was for, but local media reports say it could be taking […]
Sydney Police Free Teenager Trapped with Suspected Bomb
Posted August 3rd, 2011 at 7:45 pm (UTC-5)
Australian police say they have freed a teenager trapped inside an upscale Sydney home for nearly 10 hours with a suspected bomb strapped to her body. Police freed the young woman and reunited her with her parents, unhurt. A spokesman later confirmed that the there were no explosives in the device. Police say Madeleine Pulver […]
