ECB Buys Italy, Spain Bonds

ECB Buys Italy, Spain Bonds


ECB Buys Italy, Spain Bonds

Posted: 08 Aug 2011 12:56 PM PDT

The European Central Bank purchased Italian and Spanish bonds, calming investors who had worried euro-zone leaders might sit idly by while the debt crisis engulfed Spain and Italy.


The Caucus: House Leaders to End Page Program

Posted: 08 Aug 2011 12:36 PM PDT

The leaders cited high costs and technological advances in ending the House page program.


City Room: City Students Improve Slightly on Statewide Tests

Posted: 08 Aug 2011 10:19 AM PDT

New York City showed slight gains this year, but the results have plummeted since the state revamped the exams.


Spermless mosquitoes hold promise

Posted: 08 Aug 2011 12:41 PM PDT

Scientists create spermless mosquitoes - an important first step toward releasing sterile males into the wild in an effort to curb the spread of malaria.


VIDEO: Obama: US problems 'solveable'

Posted: 08 Aug 2011 12:42 PM PDT

President Obama has said the downgrading of the US credit rating is a reflection on the month-long political wrangle over the debt ceiling rather than the country's ability to meet debts.


The Caucus: Perry to Make Clear His Intention to Run

Posted: 08 Aug 2011 12:50 PM PDT

Gov. Rick Perry of Texas is preparing to make clear his intentions to join the Republican presidential race.


Sidebar: Once a Government Witness, Now Fighting Family’s Deportation

Posted: 08 Aug 2011 12:25 PM PDT

Edmond Demiraj's wife and son face deportation to Albania, even though a mobster who shot Mr. Demiraj awaits.


Afghan Chinook crash a 'one-off'

Posted: 08 Aug 2011 12:08 PM PDT

The helicopter crash that killed 30 US troops in Afghanistan was a "one-off" that will not change US military policy, the Pentagon says.


Mugabe: 'Nato a terrorist group'

Posted: 08 Aug 2011 12:32 PM PDT

Nato is a terrorist organisation - akin to al-Qaeda - because of its bombing campaign in Libya, Zimbabwe's President Robert Mugabe says.


UN makes historic Somali aid drop

Posted: 08 Aug 2011 11:56 AM PDT

UNHCR airlifts drought supplies into Mogadishu for first time in five years after fighters abandon capital.


Man shot in face in city street

Posted: 08 Aug 2011 12:52 PM PDT

Police attend the scene of a shooting where a man suffered facial injuries in the Chapeltown area of Leeds.


Schools of fish help wind farms

Posted: 08 Aug 2011 11:57 AM PDT

Schools of fish show engineers how to squeeze much more power from wind farms.


Somali refugees pack capital after rebels quit

Posted: 08 Aug 2011 12:53 PM PDT

MOGADISHU (Reuters) - Thousands of Somali refugees, fleeing famine and years of violence, streamed into Mogadishu on Monday searching for food after Islamist rebels withdrew from the capital.


London violence extends into third day

Posted: 08 Aug 2011 12:28 PM PDT

More than 200 people arrested in last three days, as violence spreads to many other parts of London.


Brazil tribe overrun by 'dealers'

Posted: 08 Aug 2011 11:33 AM PDT

A tribe of Brazilian Indians which has had no contact with the outside world is believed to have come under attack by suspected drug dealers, officials say.


Markets fall despite Obama speech

Posted: 08 Aug 2011 12:55 PM PDT

Global stock markets extend their heavy losses, despite US President Barack Obama moving to try to reassure investors.


Man faces life term over threats

Posted: 08 Aug 2011 11:04 AM PDT

A 20-year-old man who sent letters from jail threatening to kill and bomb is warned he could face a life sentence.


AIG sues BoA for $10bn of losses

Posted: 08 Aug 2011 10:24 AM PDT

Insurance group AIG is suing Bank of America for $10bn (£6.1bn), accusing the lender of carrying out a "massive fraud" on bad mortgage debt.


Dow Slides 5.5%, Ending Day Below 11000

Posted: 08 Aug 2011 01:07 PM PDT

U.S. stocks tumbled in a Monday rout that sent the Dow Jones Industrial Average down 5.5%, plunging below 11000 for the first time since November, as investors fled from risky assets in the first trading session since Standard & Poor's downgraded the federal government's credit rating late Friday.


Costs Rise on France Debt Insurance

Posted: 08 Aug 2011 10:02 AM PDT

The cost of insuring French sovereign debt against default jumped to record highs Monday, as investors took Standard and Poor's Corp.'s downgrade of the U.S. as a reason to question the ratings of other highly indebted sovereign nations.


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