U.S. President Barack Obama says the U.S. troop withdrawal from Afghanistan will be conducted at a “steady pace” to make sure gains made there are sustained. Speaking to troops at Fort Drum in upstate New York Thursday, President Obama said the United States has “turned a corner in Afghanistan” and is not going to withdraw […]
Obama: US Withdrawal from Afghanistan Will Preserve Gains
US Stocks Mixed
U.S. stock market indexes were mixed in Thursday’s trading. The Dow Jones Industrial Average retreated half a percent to close at 12,050. The S&P 500 lost three-tenths of a percent to finish at 1,284 while the NASDAQ advanced seven-tenths of a percent to end at 2,687. European stock markets were lower at the close of […]
Obama: US Withdrawal from Afghanistan Will Preserve Gains
President Barack Obama has told U.S. soldiers the country is going to conduct its withdrawal from Afghanistan in a “steady way” to make sure the gains that have been made are sustained. Speaking at Fort Drum in upstate New York Thursday, President Obama said the U.S. has “turned a corner in Afghanistan” and is not […]
Obama Orders 33,000 Troops Out of Afghanistan
U.S. President Barack Obama has announced the beginning of the end of the country’s 10-year war in Afghanistan, ordering the withdrawal of 33,000 American troops by the end of 2012. In a White House address Wednesday, President Obama told the American people “the tide of war is receding.” He said the first 10,000 American troops […]
Obama Announces Plans to Withdraw ‘Surge’ Troops from Afghanistan
U.S. President Barack Obama has announced the beginning of the end of the country’s 10-year war in Afghanistan, ordering the withdrawal of 33,000 American troops by the end of 2012. In a White House address Wednesday, President Obama told the American people “the tide of war is receding.” He said the first 10,000 American troops […]
US Stocks Fall
U.S. stock market indexes declined in Wednesday’s trading. The Dow Jones Industrial Average dropped seven-tenths of a percent to end at 12,110. The S&P 500 fell seven-tenths of a percent to finish at 1,287, and the NASDAQ composite index dropped seven-tenths of a percent to close at 2,669. European stock markets were down at the […]
Fed: US Economy Growing More Slowly Than Expected
The head of the U.S. central bank says the economy is growing more slowly than expected. U.S. Federal Reserve Chairman Ben Bernanke Wednesday that the slower growth is due to temporary problems such as the disruptions caused by Japan’s earthquake and an increase in gasoline prices. The Fed’s experts now expect around 2.8 percent growth […]
New Greek Government Wins Crucial Vote of Confidence in Parliament
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 […]
US Stocks Rise Strongly
U.S. stock market indexes rose strongly in Tuesday’s trading. The Dow Jones Industrial Average advanced nine-tenths of a percent to finish at 12,190. The S&P 500 rose 1.3 percent to close at 1,296 and the NASDAQ gained 2.2 percent to end at 2,687. European stock markets were higher at the close of trading. London’s Financial […]
Syria’s Assad Offers Dialogue; Opposition Dismisses Speech
Syrian President Bashar al-Assad has offered a national dialogue to consider political reforms but continued to blame the country’s recent unrest on “saboteurs” and a foreign plot attempting to exploit calls for change. The 70-minute speech at Damascus University Monday was only his third major address since anti-government protests began in March. Mr. Assad said […]