U.S. stock market indexes rose in Tuesday’s midday trading. The Dow Jones Industrial Average and the S&P 500 advanced half a percent while the NASDAQ gained three-tenths of a percent European stock markets were higher at the close of trading. London’s Financial Times 100 index gained less than one-tenth of a percent to finish at […]
Libyan Leader Defiant Despite Intense NATO Airstrikes
Posted June 7th, 2011 at 12:40 pm (UTC-5)
Libyan leader Moammar Gadhafi has vowed to fight to the end, after NATO aircraft pounded Tripoli on Tuesday with some of the most intense daytime airstrikes since it began its campaign. Mr. Gadhafi made the vow in a fiery audio speech that was broadcast on state television. He said the Libyan people will not “kneel” […]
Obama, Merkel Discuss Libya, Economy, Mideast Peace
Posted June 7th, 2011 at 12:10 pm (UTC-5)
U.S. President Barack Obama says he and German Chancellor Angela Merkel have been clear that Libyan leader Moammar Gadhafi must step down and hand power to the Libyan people. Speaking alongside Ms. Merkel at the White House Tuesday, President Obama said the international pressure will only continue to increase until he does. The president spoke […]
Lagarde Fails to Receive India’s Support for Top IMF Job
Posted June 7th, 2011 at 11:25 am (UTC-5)
French Finance Minister Christine Laggard has failed to receive India’s support in her bid to become the next head of the International Monetary Fund. Laggard met Tuesday with Indian Prime Minister Manmohan Singh and Finance Minister Pranab Mukherjee in New Delhi, as part of a global tour that has included a stop in Brazil and […]
120 Policemen Reported Killed in Syrian Town
Posted June 6th, 2011 at 6:30 pm (UTC-5)
Syrian state television is reporting the deaths of 120 security personnel in the northwestern city of Jir al-Shughour in what it is calling a “massacre.” The report could not be confirmed since foreign journalists are not allowed in the country. Syrian opposition activists are disputing the casualty count, suggesting it will serve as an excuse […]
Calls Increase for Yemen’s President to Resign
Posted June 6th, 2011 at 4:40 pm (UTC-5)
Calls are increasing for Yemen’s president, Ali Abdullah Saleh, to accept a peace deal put forward by the Gulf Cooperation Council that would end his 33 years in power. U.S. Secretary of State Hillary Clinton told reporters in Washington Monday that an “immediate transition is in the best interest of the Yemeni people.” Clinton noted […]
Obama to Soon Decide on Troop Pullout in Afghanistan
Posted June 6th, 2011 at 3:00 pm (UTC-5)
The White House says U.S. President Barack Obama will soon decide on the scope and pace of U.S. troop withdrawals in Afghanistan. Mr. Obama met with senior advisors and military officials Monday for his monthly meeting on Afghanistan and neighboring Pakistan, the first since al-Qaida leader Osama bin Laden was killed May 2 in a […]
US Stocks Fall
Posted June 6th, 2011 at 12:55 pm (UTC-5)
U.S. stock market indexes fell in Monday’s midday trading. The Dow Jones Industrial Average dropped one-tenth of a percent, the S&P 500 slid four-tenths of a percent and the NASDAQ was off three-tenths of one percent. European stock markets were mixed at the close of trading. London’s Financial Times 100 index rose one-tenth of a […]
Suspected US Drone Strikes Kill 18 in Pakistan
Posted June 6th, 2011 at 12:00 pm (UTC-5)
Pakistani intelligence officials say three U.S. drone strikes have killed at least 18 militants in the country’s northwest tribal region. All of Monday’s strikes were in South Waziristan, near the Afghan border. Officials say missiles hit a compound, an Islamic seminary and a vehicle near the main town of Wana. Foreign militants, including Arabs and […]
Humala Wins Peru Presidential Runoff
Posted June 6th, 2011 at 11:45 am (UTC-5)
Former Peruvian army officer Ollanta Humala has won the country’s presidential runoff, with a narrow lead over Keiko Fujimori, the daughter of imprisoned former president Alberto Fujimori. With 89 percent of Sunday’s vote counted, the former leftist officer was ahead with more than 51 percent support, compared to Fujimori’s 48.6 percent. The latest presidential campaign […]
