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US Senators: China Blocking Inquiry into Counterfeit Parts

Posted June 14th, 2011 at 1:21 pm (UTC-5)
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Some leading U.S. lawmakers are accusing China of hampering an investigation into counterfeit electronics that ended up in U.S. weapons systems. Senate Armed Services Committee Chairman Carl Levin and Senator John McCain spoke to reporters at a news conference in Washington Tuesday. They said China has so far declined allow the committee’s staff members to […]

Tags: , , Posted in US

Report: U.S. Guns Arming Mexican Cartels

Posted June 14th, 2011 at 11:15 am (UTC-5)
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Three U.S. lawmakers are calling for stricter gun laws, in response to a report saying Mexican drug gangs are getting their firepower from the United States. The report – prepared for the Senate Caucus on International Narcotics Control – says 70 percent of the guns recovered at crime scenes in Mexico and traced by authorities […]

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US Retail Sales Fall; Wholesale Inflation Rises

Posted June 14th, 2011 at 9:55 am (UTC-5)
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U.S. retail sales declined in May because of a sharp drop in sales of automobiles. Tuesday’s report from the Commerce Department says U.S. auto sales slowed when Japan’s multiple disasters hampered production of auto parts. This is the first decline in retail sales in nearly a year. Experts watch retail sales because consumer demand drives […]

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House Grants Weiner a Leave of Absence

Posted June 13th, 2011 at 8:55 pm (UTC-5)
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The U.S. House of Representatives has approved a two-week leave of absence for New York Democratic Representative Anthony Weiner, as he seeks professional help following his involvement in an Internet sex scandal. Lawmakers Monday approved the request by Weiner, who has admitted he sent a lewd photograph of himself to a female college student using […]

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Republican Presidential Hopefuls Debate Economy, Other Issues

Posted June 13th, 2011 at 8:40 pm (UTC-5)
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The seven Republicans seeking their party’s nomination to oppose U.S. President Barack Obama in next year’s election participated in the first major debate of this campaign season Monday evening. The Republican contenders criticized President Obama’s handling of the economy at the event in Manchester, New Hampshire, and largely focused on how they would cut taxes […]

Tags: , , , Posted in Americas

US Praises Afghan-Pakistani Trade Agreement

Posted June 13th, 2011 at 7:45 pm (UTC-5)
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The United States has welcomed the announcement by Afghan President Hamid Karzai and his Pakistani counterpart, Asif Ali Zardari, to fully implement the June 12 Transit Trade Agreement between the two countries. In a statement Monday, the State Department said the announcement is a concrete demonstration of the common vision of development, prosperity and peace […]

Tags: , , Posted in South Asia

Republican Presidential Hopefuls Gather to Debate

Posted June 13th, 2011 at 5:30 pm (UTC-5)
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The seven Republican politicians who are vying to be their party’s candidate in next year’s presidential election have gathered in New Hampshire for a debate. The northeastern state holds the first primary election early in 2012, nine months before November when the Republican nominee will seek to unseat U.S. President Barack Obama — a Democrat. […]

Tags: , , , Posted in Americas

Obama Says Private Sector, Govt. to Train 10,000 American Engineers a Year

Posted June 13th, 2011 at 3:25 pm (UTC-5)
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U.S. President Barack Obama says his administration will work with private companies to train 10,000 new American engineers a year to create more high-skilled jobs in a weak economy where unemployment tops 9 percent. Mr. Obama announced the job training initiative Monday in a speech to workers at a high-tech manufacturing facility that he toured […]

Tags: , , , , Posted in Economy

US Jury Convicts 3 in Insider Trading Case

Posted June 13th, 2011 at 12:45 pm (UTC-5)
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A U.S. federal jury has convicted three Wall Street traders of fraud as part of a government crackdown on insider trading in the hedge fund industry. The jury in New York’s Manhattan district announced the guilty verdicts Monday in the cases of former Galleon trader Zvi Goffer, his brother Emanuel and Michael Kimelman. The three […]

Tags: , , Posted in Americas, Economy, US

US Stops North Korean Ship on Suspected Burma Mission

Posted June 13th, 2011 at 10:40 am (UTC-5)
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The United States says its Navy intercepted a ship suspected of carrying missile technology from North Korea to Burma, and forced the vessel to return home after a standoff lasting several days. Special assistant to U.S. President Barack Obama, Gary Samore, identified the cargo vessel as the M/V Light. He said the ship was suspected […]

Tags: , , , , Posted in East Asia Pacific

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