U.S. Federal Reserve chief Ben Bernanke says a failure to resolve the debt crisis in Greece could threaten the global financial system. At a news conference Wednesday, the head of the U.S. central bank said if Greece defaulted on its debt, the impact would go beyond Europe and pose threats to the global economy. He […]
Bernanke: Greek Crisis Could Threaten Global Finance
Posted June 22nd, 2011 at 5:15 pm (UTC-5)
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Fed: US Economy Growing More Slowly Than Expected
Posted June 22nd, 2011 at 2:40 pm (UTC-5)
The head of the U.S. central bank says the economy is growing more slowly than expected, but says growth will pick up early next year. Federal Reserve Chairman Ben Bernanke told journalists that the slower growth is due to temporary problems such as the disruptions caused by Japan’s earthquake and an increase in gasoline prices. […]
US Stocks Rise
Posted June 22nd, 2011 at 1:15 pm (UTC-5)
U.S. stock market indexes made gains in Wednesday’s midday trading. The Dow Jones Industrial Average, the S&P 500 and the NASDAQ all rose around one-tenth of a percent. European stock markets were down at the close of trading. London’s Financial Times 100 index lost less than one-tenth of a percent to finish at 5,773. The […]
US First Lady Visits Nelson Mandela in Africa
Posted June 21st, 2011 at 8:10 pm (UTC-5)
U.S. first lady Michelle Obama on Tuesday paid a previously unannounced visit to former South African president Nelson Mandela at the beginning of a tour of southern Africa. Mrs. Obama met with the 92-year-old anti-apartheid icon at his home in Johannesburg. The wife of U.S. President Barack Obama was accompanied by the couple’s two daughters […]
New Greek Government Wins Crucial Vote of Confidence in Parliament
Posted June 21st, 2011 at 6:40 pm (UTC-5)
Greek Prime Minister George Papandreou won a crucial parliamentary vote of confidence for his new government Tuesday, making passage of controversial economic reforms more likely. One hundred-55 lawmakers voted to back the new government while 143 voted against it. Two abstained. As expected, the vote was strictly along party lines. It came after a day […]
Pakistan Investigates General for Links to Banned Group
Posted June 21st, 2011 at 4:25 pm (UTC-5)
Pakistan’s military has confirmed that an army officer working at the military headquarters in the garrison city of Rawalpindi had been detained for suspected ties to a banned Islamic extremist group. Army spokesman Major General Athar Abbas told VOA Tuesday that Brigadier General Ali Khan was being questioned about his links to Hizb-ut-Tahrir. Abbas said […]
At Least 7 Dead in Continuing Syrian Protests
Posted June 21st, 2011 at 1:20 pm (UTC-5)
Activists say supporters and opponents of the Syrian government have clashed in several cities, and least seven people have been killed. Witnesses and human rights activists say Syrian security forces fired on anti-government crowds Tuesday, causing casualties in the central cities of Homs and Hama and the Mayadin district of Deir al-Zour. Demonstrations also erupted […]
US Stocks Rise Strongly
Posted June 21st, 2011 at 1:15 pm (UTC-5)
U.S. stock market indexes rose strongly in Tuesday’s midday trading. The Dow Jones Industrial Average advanced nine-tenths of a percent, the S&P 500 rose 1.2 percent and the NASDAQ gained 1.9 percent. European stock markets were higher at the close of trading. London’s Financial Times 100 index gained 1.4 percent to close at 5,775. The […]
Car Bombs Kill 25 Outside Iraqi Governor’s House
Posted June 21st, 2011 at 9:50 am (UTC-5)
Iraqi officials say two car bomb blasts in the city of Diwaniyah have killed at least 25 people and wounded 30 others. Authorities said the attack happened Tuesday at a police checkpoint outside the home of the provincial governor in Diwaniyah, about 150 kilometers south of the capital, Baghdad. Officials say most of the victims […]
NATO Confirms Libyan Claim of New Airstrike
Posted June 20th, 2011 at 10:05 pm (UTC-5)
NATO on Monday confirmed a Libyan government claim of an early-morning airstrike that destroyed a large family compound belonging to a close associate of leader Moammar Gadhafi. The alliance at first denied the strike, saying it had not conducted any recent operations in the area of Surman, about 65 kilometers west of the capital, Tripoli. […]
