Showing Archived Posts

EU Official Expects Euro Zone to Agree on $17-Billion Loan for Greece

Posted June 16th, 2011 at 3:40 pm (UTC-5)
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A senior European Union official says he expects the 17-nation eurozone to provide debt-ridden Greece with another $17 billion to prevent a Greek debt default that could further destabilize global financial markets. EU Economic Affairs Commissioner Olli Rehn said Thursday he is “confident” that eurozone finance ministers will agree to disburse the funds at a […]

Tags: , , , Posted in Europe

Blast Hits Nigeria Police Headquarters

Posted June 16th, 2011 at 1:50 pm (UTC-5)
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A suicide bombing outside Nigeria’s national police headquarters in Abuja has killed at least two people, including the bomber. A spokesman for the Islamist radical group Boko Haram claimed responsibility for the blast in an interview with VOA. The group is blamed for a string of deadly attacks in Nigeria’s north that have targeted police […]

Tags: , , , Posted in Africa

Zawahri Named as Bin Laden Successor

Posted June 16th, 2011 at 1:45 pm (UTC-5)
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Al-Qaida says it has picked Egyptian-born Ayman al-Zawahri to succeed Osama bin Laden as head of the terror network. Al-Qaida posted the announcement on an Islamist website. The group vowed to immediately continue its pursuit of jihad, or holy war, against the United States and Israel and called them “apostate invaders.” Al-Qaida said it would […]

Tags: , , , Posted in Middle East

US Stocks Push Higher

Posted June 16th, 2011 at 12:25 pm (UTC-5)
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The major U.S. stock indexes posted slight gains in Thursday’s midday trading, following reports on jobless claims and the housing market. The Dow Jones Industrial Average edged up six-tenths of one percent. The S&P 500 Index rose almost half a percent. And the NASDAQ gained one-quarter of a percent. European stock prices closed lower. London’s […]

Tags: , , , Posted in Economy

Militants Attack Southern Yemeni Town

Posted June 15th, 2011 at 10:15 pm (UTC-5)
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Several hundred al-Qaida linked militants in Yemen have raided government buildings in the southern town Houta and briefly seized key areas of the provincial capital. The armed group, Ansar al-Sharia, or Supporters of Sharia , launched the attack before dawn Wednesday. Witnesses and medics say two security personnel were killed and at least three wounded […]

Tags: , , Posted in Middle East

Obama Administration Defends Legality of Libya Conflict

Posted June 15th, 2011 at 7:40 pm (UTC-5)
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The Obama administration is defending the legality of its involvement in the Libya conflict, saying President Barack Obama did not exceed his powers in ordering the action. In a report to Congress Wednesday, the White House said U.S. military action in Libya does not require congressional authorization because American forces are playing a “limited, supporting” […]

Tags: , , , , Posted in Middle East

Ban: “Deeply Concerned” Over Escalating Sudan Violence

Posted June 15th, 2011 at 6:40 pm (UTC-5)
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United Nations Secretary-General Ban Ki-moon says he is “deeply concerned” about the escalating violence between troops from northern and southern Sudan as the south prepares to declare independence next month. In a statement by his spokesman Wednesday, Mr. Ban called for an end to hostilities in Southern Kordofan state where fighting in the last ten […]

Tags: , , Posted in Africa

Gadhafi Forces Shell Libya Rebel Positions

Posted June 15th, 2011 at 6:00 pm (UTC-5)
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Forces loyal to Libyan leader Moammar Gadhafi bombarded rebel positions in the Western Mountains region Wednesday, after rebels made advances toward the capital, Tripoli. Rebels say Libyan forces fired Grad rockets at towns in the region, but have not confirmed casualties from the attacks. Rebels have made advances from the port city of Misrata toward […]

Tags: , , Posted in Middle East

Pakistan Denies Arresting Army Major for CIA Help

Posted June 15th, 2011 at 5:10 pm (UTC-5)
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Pakistan’s military has denied reports that one of its officers had been detained for helping the United States track down and kill al-Qaida leader Osama bin Laden, calling them “false and totally baseless.” Pakistani Army spokesman Major General Athar Abbas on Wednesday rejected the story that first appeared in The New York Times. But another […]

Tags: , , , , Posted in South Asia

Papandreou to Form New Government in Greece

Posted June 15th, 2011 at 4:12 pm (UTC-5)
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Greek Prime Minister George Papandreou says he will form a new government Thursday and immediately ask for a vote of confidence in parliament, after coalition talks with the opposition fell apart. Mr. Papandreou made his announcement on television Wednesday following a day of violent protests against plans for more spending cuts and tax hikes. The […]

Tags: , , , Posted in Europe

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