U.S. stock indexes moved higher in afternoon trading Thursday. The Dow Jones Industrial Average is up four-tenths of a percent. The broader S & P 500 index is ahead by six-tenths of a percentage point, while the NASDAQ index is up 1.1 percent. Stocks finished mixed in Europe. London’s Financial Times index advanced three-tenths of […]
US Stocks Advance in Midday Trading Thursday
Posted July 28th, 2011 at 1:05 pm (UTC-5)
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US Congress Set To Vote On Debt Issue
Posted July 28th, 2011 at 12:30 pm (UTC-5)
The U.S. House of Representatives is to vote Thursday on a plan by Republican House Speaker John Boehner to raise the debt ceiling and cut spending. Boehner’s plan has attracted criticism from the ultra-conservative Tea Party faction of the Republican party, and opposition from Democrats. Conservatives say it cuts too little spending, Democrats complain Boehner’s […]
Taliban Attacks Government Buildings in Southern Afghanistan
Posted July 28th, 2011 at 9:10 am (UTC-5)
Afghan authorities say militants launched an hours-long assault on government buildings in the volatile southern province of Uruzgan Thursday, killing at least 17 people and wounding 37 others. Officials say the attackers targeted the governor’s house and police headquarters in Tarin Kot with explosives and gunfire. The Taliban claimed responsibility for the coordinated assault, saying […]
Indian, Pakistani FMs Signal ‘New Era’ of Cooperation
Posted July 27th, 2011 at 5:40 pm (UTC-5)
The foreign ministers of India and Pakistan hailed a “new era of cooperation” Wednesday, after meeting for the first time since peace talks between the two nuclear-armed neighbors resumed earlier this year. Although the talks in the Indian capital, New Delhi, produced no major breakthroughs, Indian Foreign Minister S.M. Krishna said bilateral relations were on […]
Washington Wrangles Over Debt As Deadline Grows Near
Posted July 27th, 2011 at 5:05 pm (UTC-5)
U.S. President Barack Obama, his Democratic party allies in Congress and opposition Republicans are still haggling over competing plans to raise the government borrowing limit, as an August 2 deadline draws closer. Without an agreement, Washington could default on some of its obligations. White House spokesman Jay Carney told reporters if the deadline is not […]
Norway to Set Up Commission to Investigate Attacks
Posted July 27th, 2011 at 2:05 pm (UTC-5)
Norwegian Prime Minister Jens Stoltenberg says his government will set up an independent commission to investigate the shooting and bomb attack that killed at least 76 people last week. Mr. Stoltenberg said Wednesday it is important to investigate all aspects of Friday’s twin attacks by a Norwegian ultranationalist to learn from what happened. At a […]
US Stocks Fall
Posted July 27th, 2011 at 1:05 pm (UTC-5)
U.S. stock market indexes fell sharply in Wednesday’s midday trading as investors worried that partisan bickering in Washington might eventually result in a default on U.S. obligations. The Dow Jones Industrial Average retreated eight-tenths of a percent, the S&P 500 fell 1.2 percent and the NASDAQ lost 1.8 percent. European stock markets were lower at […]
Suicide Bombing Kills Mayor of Afghanistan’s Kandahar City
Posted July 27th, 2011 at 10:45 am (UTC-5)
A suicide bomber has killed the mayor of Afghanistan’s southern city of Kandahar, the latest in a series of high-profile assassinations of key allies of President Hamid Karzai. The Taliban claimed responsibility for Wednesday’s attack that killed Mayor Ghulam Haider Hamidi and wounded at least one bystander. A Taliban spokesman said the attack was to […]
Norway Police Begin Releasing Names of Attack Victims
Posted July 26th, 2011 at 11:25 pm (UTC-5)
Norwegian police have begun releasing the names of those killed in last week’s bombing and massacre, as the country struggles to cope with the tragedy. Police Tuesday named the first four of the 76 victims — three who were killed in the bomb blast in the capital, Oslo, and one in the shooting rampage at […]
Libyan PM: No Talks on Gadhafi Departure
Posted July 26th, 2011 at 10:55 pm (UTC-5)
Libya’s prime minister says leader Moammar Gadhafi’s departure is not up for discussion. Al-Baghdadi al-Mahmoudi also said Tuesday there will be no way to have dialogue on Libya’s political crisis until what he called NATO “aggression” stops. He commented after talks with U.N. special envoy Abdul Elah al-Khatib, who met with the Libyan opposition on […]
