The United Nations Security Council voted unanimously Thursday to lift the no-fly zone over Libya at the end of this month, a move that will simultaneously terminate the mandate for NATO’s mission in the North African country. The 15-member council said the mandate will end at one minute to midnight local time on October 31. […]
UN Security Council Votes to End NATO Libya Mission
World Markets Soar in Reaction to Eurozone Debt Plan
World financial markets soared Thursday after the European Union approved a plan to cut Greece’s debt in half and significantly increase a bailout fund designed to contain the eurozone debt crisis. The Paris stock exchange jumped more than 6 percent, with the Frankfurt market advancing more than 5 percent. The London exchange closed up nearly […]
Egypt Frees Israeli-American Held as ‘Spy’
Egypt and Israel have completed the release of 25 Egyptians for an Israeli-American man held in Egypt on allegations of spying. Freed Israeli-American Ilan Grapel was flown from Cairo to Tel Aviv on Thursday shortly after Israel transferred the 25 Egyptians at the Taba border crossing to the Sinai. The Egyptians had been imprisoned in […]
Kenya Reports First Direct Clash With al-Shabab in Somalia
Kenya says its troops in Somalia have exchanged fire with al-Shabab militants in the first direct clash between the sides. A Kenyan military statement says Kenyan troops were attacked by about 45 al-Shabab fighters Thursday as the troops moved toward the southern Somali town of Qoqani to reinforce forward positions. The statement says Kenyan forces […]
World Stocks Advance Sharply
News that European leaders completed a debt-relief deal for Greece and expand the continent’s bailout fund encouraged investors, and stocks soared around the world Thursday. U.S. stocks made strong gains in midday New York trading. The Dow Jones Industrial Average rose 2.6 percent, with the S&P 500 up 2.9 percent and the NASDAQ 2.8 percent. […]
World Markets Soar in Reaction to Eurozone Debt Plan
World financial markets soared Thursday after the European Union approved a plan to cut Greece’s debt in half and significantly increase a bailout fund designed to contain the eurozone debt crisis. The Paris stock exchange jumped more than 6 percent, with the Frankfurt market advancing more than 5 percent. The London exchange closed up nearly […]
Suspected US Drone Strike Kills 5 in Pakistan
Pakistani intelligence officials say a suspected U.S. drone strike has killed five militants linked to a top Taliban commander in Pakistan’s northwest tribal region. The officials said the unmanned aircraft fired missiles Thursday at a vehicle in the town of Azam Warsak in South Waziristan, killing a senior leader and four other militants led by […]
Thai Government Orders Holiday So Residents Can Evacuate Flood
Thailand’s government has ordered a five-day holiday for much of the country so that residents in and near Bangkok can escape what authorities say is an imminent massive flood. Tens of thousands of people packed roads Wednesday in whatever vehicles they could find. Store shelves were empty with some supermarkets rationing bottled water and other […]
European Leaders Struggle to Resolve Debt Crisis at Summit
European leaders struggled Wednesday to reach agreement on a plan to resolve the continent’s burgeoning debt crisis as they opened their second summit this week in Brussels. While the broad outlines of a debt-relief plan were apparent, the details were not. German Chancellor Angela Merkel said there were “still many problems to settle,” while Luxembourg […]
US Stocks Mixed in Midday Wednesday Trading
U.S. stocks were mixed in midday trading Wednesday. The Dow Jones Industrial Average advanced two-tenths of a percent, while the S&P 500 fell one-tenth of a percent. The NASDAQ dropped three-quarters of a percent. European stock markets closed mixed ahead of the Brussels summit of the continent’s leaders and their debate on resolving Europe’s debt […]