Showing Archived Posts

Greece: Fiscal Check by EU, IMF Is ‘Positive’

Posted June 3rd, 2011 at 11:45 am (UTC-5)
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The Greek Finance Ministry says an inspection of the country’s finances by the European Union, European Central Bank and International Monetary Fund has ended “positively.” Talks in Athens Friday measured how much progress Greece has made in reforming its economy in line with last year’s $159 billion bailout package of loans from the three institutions. […]

Tags: , , , Posted in Europe

Pakistani Taliban Claim Cross-Border Attack

Posted June 3rd, 2011 at 11:35 am (UTC-5)
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The Pakistani Taliban says its forces in Afghanistan are responsible for a deadly raid in Pakistan. A Taliban spokesman made the claim Friday during a phone call with reporters. He said about 40 to 50 insurgents were involved in the cross-border attack on a security checkpoint near Pakistan’s northwestern Dir tribal area. The government says […]

Tags: , , Posted in South Asia

John Edwards Charged over Campaign Funds

Posted June 3rd, 2011 at 11:15 am (UTC-5)
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A federal grand jury has indicted former U.S. Senator and presidential candidate John Edwards on charges he violated campaign finance laws by using political donations to keep an extramarital affair secret. The case includes six counts — one count of conspiracy, four counts of illegal campaign contributions and one count of false statements. It was […]

Tags: , , , , , Posted in US

US Stocks Fall

Posted June 3rd, 2011 at 11:05 am (UTC-5)
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U.S. stock market indexes fell in Friday’s morning trading after some disappointing reports on the U.S. labor market. The Dow Jones Industrial Average, the S&P 500 and the NASDAQ all dropped half a percent. European stock markets were mixed in afternoon trading. London’s Financial Times 100 index gained one-tenth of a percent, the CAC-40 in […]

Tags: , , , Posted in Economy

Report: US Economy Gains Just 54,000 New Jobs

Posted June 3rd, 2011 at 10:25 am (UTC-5)
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The U.S. economy had a net gain of just 54,000 jobs in May, the smallest increase since last September. Friday’s report from the Labor Department shows the unemployment rate rose one-tenth of a percent to hit 9.1 percent. The figures surprised many economists who were expecting a slightly lower jobless rate, and a bigger gain […]

Tags: , , , Posted in Economy

At Least 27 Killed as Protests Rage Nationwide in Syria

Posted June 3rd, 2011 at 10:25 am (UTC-5)
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Syrian rights groups say security forces have opened fire on anti-government protesters in the city of Hama, killing at least 27 people. The activists say the incident took place after thousands of protesters spilled onto the streets after Friday prayers in the city, which is located about 300 kilometers north of Damascus. Demonstrations erupted across […]

Tags: , , Posted in Middle East

Report: US Economy Gains Just 54,000 New Jobs

Posted June 3rd, 2011 at 10:05 am (UTC-5)
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The U.S. economy had a net gain of just 54,000 jobs in May, the smallest increase since last September. Friday’s report from the Labor Department also shows the unemployment rate rose one-tenth of a percent to hit 9.1 percent. The figures surprised many economists who were expecting a slightly lower jobless rate, and a bigger […]

Tags: , , , Posted in Economy

At Least 8 Killed as Protests Rage Nationwide in Syria

Posted June 3rd, 2011 at 10:00 am (UTC-5)
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Syrian rights groups say at least eight people are dead after security forces opened fire on anti-government demonstrators in Hama, a city about 300 kilometers north of Damascus. Rights activists say the incident took place on Friday after thousands of people took to the streets in the city. Demonstrations erupted across Syria on Friday in […]

Tags: , , Posted in Middle East

Attack Wounds Yemeni President

Posted June 3rd, 2011 at 9:30 am (UTC-5)
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Yemeni President Ali Abdullah Saleh has been wounded by a shelling attack on the presidential compound in Sana’a, the capital. Yemeni officials say Mr. Saleh would make a national address shortly . The announcement came after an opposition television station claimed he had been killed in the incident. Several other high-ranking officials, including Prime Minister […]

Tags: , , Posted in Middle East

Pakistan, US to Resume Joint Intelligence Operations

Posted June 3rd, 2011 at 9:10 am (UTC-5)
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Pakistan’s foreign ministry has confirmed that Pakistan and the United States will resume joint intelligence operations against Islamist militants, in a step toward mending strained relations between the two countries. Foreign Ministry Spokeswoman Tehmina Janjua says U.S. and Pakistani teams will share intelligence, but she would not comment on whether U.S. forces would be allowed […]

Tags: , , , Posted in South Asia

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