U.S. political leaders remained deadlocked Saturday over how best to raise the country’s borrowing limit and cut government spending, three days ahead of a looming national debt default. Rival Republican and Democratic plans to raise the country’s debt limit of $14.3 trillion and rein in the nation’s deficit-laden annual budgets call for many of the […]
US Leaders Remain Deadlocked on Raising Country’s Borrowing Limit
Posted July 30th, 2011 at 2:40 pm (UTC-5)
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Tropical Storm Don Weakens As It Comes Ashore in Texas
Posted July 30th, 2011 at 12:05 am (UTC-5)
Tropical Storm Don made landfall in the southern U.S. state of Texas late Friday, but weakened substantially, crushing its chances of bringing much rain to the drought-stricken area. Don weakened to a tropical depression as it came ashore near Baffin Bay, about 150 kilometers north of the Mexican border. The National Hurricane Center in Miami […]
Libyans Bury Rebel Military Chief
Posted July 29th, 2011 at 7:40 pm (UTC-5)
Thousands of Libyans turned out in rebel-held Benghazi on Friday for the funeral of the opposition’s military chief. Abdel Fattah Younes and two of his aides were gunned down on Thursday under mysterious circumstances. The military chief had been part of Libyan leader Moammar Gadhafi’s inner circle before joining the rebels earlier this year. The […]
U.S., North Korean Diplomats Finish Talks
Posted July 29th, 2011 at 2:05 pm (UTC-5)
Diplomats from the United States and North Korea have completed their first senior-level direct talks in 18 months. Vice Foreign Minister Kim Kye Gwan, the head of the North Korean delegation, called the talks in New York constructive and business-like, and indicated the two sides would maintain contact. He spoke briefly as the North Korean […]
US Stocks Mixed in Midday Trading
Posted July 29th, 2011 at 2:05 pm (UTC-5)
U.S. stock indexes were mixed in Friday’s midday trading. The Dow Jones Industrial Average was off four-tenths of a percent, the Standard & Poor’s 500 index fell two-tenths of a percent while the NASDAQ gained one-tenth of a percent. European stock markets were lower at the close of trading. London’s Financial Times 100 index fell […]
Obama Urges Action On Debt Issue
Posted July 29th, 2011 at 11:50 am (UTC-5)
U.S. President Barack Obama says it is increasingly urgent that Democrats and Republicans in Congress reach agreement on a measure to increase the legal limit on government borrowing and cut spending. Mr. Obama says the two sides are in rough agreement on how much spending to cut, and on a process to reform taxes and […]
Security Forces Fire on Rallies in Syria
Posted July 29th, 2011 at 11:15 am (UTC-5)
Syrian security forces have used live ammunition and tear gas on anti-government demonstrators who gathered for rallies across the country on Friday. Witnesses and activists say forces have fired shots to disperse protesters in the southern city of Daraa and in the seaside town of Latakia. State-run media reports say “masked saboteurs” fired shots and […]
Obama Urges Action On Debt Issue
Posted July 29th, 2011 at 11:00 am (UTC-5)
U.S. President Barack Obama says it is increasingly urgent that Democrats and Republicans in Congress reach agreement on a measure to increase the legal limit on government borrowing and cut spending. Mr. Obama says the two sides are in rough agreement on how much spending to cut, and on a process to reform taxes and […]
N. Korea Diplomat: 1st Day of Talks with US ‘Constructive’
Posted July 28th, 2011 at 6:05 pm (UTC-5)
A top North Korean diplomat is calling the first day of new talks with the United States “constructive and interesting.” Vice Foreign Minister Kim Kye Gwan, the head of a North Korean delegation, said the two sides exchanged views Thursday on general issues and called the atmosphere good. Special envoy Stephen Bosworth is leading the […]
Libyan Rebels Say Military Chief Shot Dead
Posted July 28th, 2011 at 4:55 pm (UTC-5)
Libya’s rebel leadership council says its top military commander has been shot dead by assailants. The Transitional National Council announced the death of Abdel Fattah Younes on Thursday, hours after he was brought to the rebel’s eastern stronghold of Benghazi for questioning. Council head Mustafa Abdel Jalil said Younes was killed after he was summoned […]
