European leaders have adopted another package of measures aimed at preventing Greece from defaulting on its huge public debt and stabilizing the common European currency. The European Union and the International Monetary Fund said Thursday they will give Greece a second bailout worth about $155 billion. In addition, Greece will get voluntary loans from the […]
European Leaders Poised to Adopt Second Greek Bailout
Posted July 21st, 2011 at 5:45 pm (UTC-5)
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US Stocks Rise
Posted July 21st, 2011 at 4:20 pm (UTC-5)
U.S. stock market indexes rose in Thursday’s trading. The Dow Jones Industrial Average advanced 1.2 percent to end at 12,724. The S&P 500 rose 1.4 percent to finish at 1,344, while the NASDAQ gained seven-tenths of a percent to reach 2,834. European stock markets were higher at the close of trading. London’s Financial Times 100 […]
Atlantis Completes Final Landing of Shuttle Era
Posted July 21st, 2011 at 2:55 pm (UTC-5)
The space shuttle Atlantis returned home Thursday, bringing NASA’s final shuttle mission to an end after three decades. Hundreds of well-wishers and onlookers welcomed the four astronauts aboard Atlantis as it touched down just before 10:00 UTC at the Kennedy Space Center in the southeastern state of Florida. Commander Christopher Ferguson said that after serving […]
Hurricane Dora Strengthens Off Mexico’s Pacific Coast
Posted July 20th, 2011 at 8:40 pm (UTC-5)
U.S. weather forecasters say Hurricane Dora has strengthened into a major hurricane off Mexico’s Pacific coast. The National Hurricane Center in Miami Wednesday classified Dora as a Category 4 storm on the 5-point Saffir-Simpson scale of hurricane intensity. Forecasters say Dora has winds of 215 kilometers per hour and is expected to move nearly parallel […]
Obama Optimistic ‘Grand Bargain’ on Debt Can Be Done
Posted July 20th, 2011 at 8:25 pm (UTC-5)
U.S. President Barack Obama says he is not giving up hope for what he calls a “grand bargain” to raise the country’s borrowing limit, while also slashing the nation’s debt. White House spokesman Jay Carney said Wednesday there is still time for Republicans and Democrats to reach an agreement. Less than two weeks remain before […]
Serbia Arrests Last Fugitive Sought by UN Tribunal
Posted July 20th, 2011 at 7:45 pm (UTC-5)
Serbia has arrested Goran Hadzic, the last remaining fugitive sought by the United Nations War Crimes Tribunal. Serbian President Boris Tadic says Hadzic was arrested Wednesday morning in the mountainous region of Fruska Gora, about 65 kilometers north of Belgrade. Hadzic led Croatia’s rebel Serbs during the war in the 1990s. He disappeared in 2004 […]
Deadly Clashes in Libya’s Brega; Talks in France, Russia
Posted July 20th, 2011 at 2:20 pm (UTC-5)
The death toll mounted Wednesday from clashes in Libya’s strategic oil port of Brega, while Libya’s government and opposition leaders held separate talks overseas. Libyan medical officials say at least 18 rebel fighters have been killed and 80 wounded since Tuesday in fighting with government forces. Opposition fighters have gained control of much of eastern […]
UN Declares Famine in Parts of Somalia
Posted July 20th, 2011 at 1:25 pm (UTC-5)
The United Nations has declared a famine in two parts of southern Somalia, as the Horn of Africa suffers its worst drought in decades. The world body on Wednesday said a famine exists in the Bakool and Lower Shabelle regions, and U.N. chief Ban Ki-moon warned it could spread if immediate action is not taken […]
UN Declares Famine in Parts of Somalia
Posted July 20th, 2011 at 1:00 pm (UTC-5)
The United Nations has declared a famine in two parts of southern Somalia, as the Horn of Africa suffers its worst drought in decades. The world body on Wednesday said a famine exists in the Bakool and Lower Shabelle regions, and U.N. chief Ban Ki-moon warned it could spread if immediate action is not taken […]
US Stocks Down Slightly
Posted July 20th, 2011 at 12:30 pm (UTC-5)
The major U.S. stock market indexes dipped in midday trading Wednesday. The Dow Jones Industrial Average lost one-tenth of a percent. The S&P 500 index lost less than one-tenth of a percent. And the NASDAQ slid half a percent. European stock prices closed higher. London’s Financial Times index gained 1.1 percent to end at 5,854. […]
