Pakistani intelligence officials say a U.S. drone strike killed at least four suspected militants in the country’s northwest Monday. The officials say the missiles fired from a pilotless aircraft hit a vehicle near Wana, the main town in the South Waziristan tribal region – a known stronghold of Taliban and al-Qaida-linked militants. U.S. officials have […]
Suspected US Drone Strike Kills 4 in NW Pakistan
US Debt Deal Faces Critical Congressional Vote
The U.S. Congress is set to take critical votes later Monday on a package of increases to the government borrowing limit and cuts to spending, after months of political bickering that pushed Washington to the edge of default on its massive debt. In the Senate, Democratic Majority Leader Harry Reid and Republican Minority Leader Mitch […]
US Stock Markets Fall
U.S. stock market indexes fell sharply in Monday’s midday trading after a report on U.S. manufacturing apparently disappointed investors. The Dow Jones Industrial Average was off eight-tenths of a percent, the S&P 500 lost 1 percent and the NASDAQ slid 1.2 percent. European stock markets fell sharply by the close of trading. London’s Financial Times […]
World Markets Rise on News of US Debt Deal
Global financial markets Monday welcomed the deal in Washington to avoid a debt default by the government of the world’s largest economy. Most U.S., Asian and European stock markets moved higher after U.S. President Barack Obama and congressional leaders made an agreement to increase the legal limit on borrowing and cut government spending. At one […]
EU Expands Sanctions on Syria
The European Union expanded sanctions against the Syrian government Monday, imposing travel bans and asset freezes on five more officials associated with Syria’s bloody crackdown on anti-government protesters. EU Foreign Policy Chief Catherine Ashton condemned Syria’s recent attacks on citizens and said the “brutal violence” risks escalating tensions and divisions in the country. The EU […]
EU, US, UN Condemn Syria’s Assault on Hama
U.S. President Barack Obama says he is “appalled” by Syria’s use of violence against its own people, after rights activists say an army attack on the central city of Hama killed at least 80 people. The White House statement issued Sunday said the “horrifying” reports out of Hama are demonstrating the “true character” of Syrian […]
US Politicians Reported Near Deal on Debt
Leaders of both parties in the U.S. Congress are reported to be engaged in a major effort to work out compromise legislation that will keep the government from defaulting on its $14.3 trillion debt. On Sunday, the Senate voted to block consideration of a proposal to raise the federal government’s borrowing authority put forward by […]
Syrian Raid on Hama Kills 45
Syrian activists say soldiers backed by tanks have fired on citizens during a raid in the flashpoint city of Hama, killing at least 45 people. Activists say the sound of machine guns and tank shells echoed across the city Sunday. Medical officials say hospitals are overrun with scores of wounded people and are in desperate […]
12 Police, Child Killed in Southern Afghanistan Suicide Blast
A suicide car bombing in southern Afghanistan’s volatile Helmand province has killed 12 police officers and a child, the first such major attack in an area where Afghan forces recently took over full security responsibility from NATO-led troops. A government spokesman in the provincial capital, Lashkar Gah, said Sunday’s blast occurred outside the city’s heavily […]
Libyan Opposition Orders Militias To Disband
The head of Libya’s Transitional National Council says the opposition group has ordered all militia factions to disband and come under its control in the wake of the murder of the group’s military chief. Mustafa Abdel Jalil announced the decision on Saturday after military chief Abdel Fattah Younes and two of his aides were gunned […]