Oil falls below $94 on weak outlook for demand

Oil falls below $94 on weak outlook for demand


Oil falls below $94 on weak outlook for demand

Posted: 23 May 2013 10:52 PM PDT

BANGKOK (AP) — The price of oil was knocked lower Friday by a combination of ample supplies and lukewarm demand.

5 climbers feared dead on world's 3rd highest peak

Posted: 23 May 2013 10:51 PM PDT

KATMANDU, Nepal (AP) — A Nepalese official says five climbers are missing and feared dead on the world's third highest mountain.

Asia stocks extend losses after big sell-off

Posted: 23 May 2013 10:45 PM PDT

A man walks past an electronic stock indicator showing the Nikkei 225 index which nosedived 1,143.28 points, or 7.3 percent to close at 14,483.98 in Tokyo Thursday, May 23, 2013. Japanese stocks plummeted Thursday after a spike in government bond yields and unexpectedly weak Chinese manufacturing spooked investors sitting atop months of massive gains in share prices. (AP Photo/Shizuo Kambayashi)BANGKOK (AP) — Asian stocks continued to retreat Friday after being routed the day before by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus.


5 climbers missing on world's 3rd highest mountain

Posted: 23 May 2013 10:41 PM PDT

KATMANDU, Nepal (AP) — A Nepalese official says five climbers are missing and feared dead on the world's third highest mountain.

Satellite collides with Soviet-era rocket

Posted: 23 May 2013 10:26 PM PDT

Ecuador official says Pegaso survived crash with remains of S14 rocket, but is damaged and unable to transmit signal.

Gibraltar pushes to play in the big league

Posted: 23 May 2013 06:19 AM PDT

Stuck in a tug-of-war between Spain and Britain, Gibraltar's football association is facing a crucial UEFA vote.

New Drug May Change Treatment Of Asthma

Posted: 23 May 2013 10:20 PM PDT

Researchers have developed a new drug to treat the underlying pathology associated with asthma, reducing flare-ups by nearly 87%, according to results of a new trial. Some experts view this as a potential game changer if the drug lives up to its early performance in a small study of 104 patients, recently presented at the American Thoracic Society International Conference in Philadelphia.

VIDEO: Rios Montt genocide case stirs tensions

Posted: 23 May 2013 09:05 PM PDT

The former military leader of Guatemala, Efrain Rios Montt, scored a victory this week in the long-running genocide case against him.

Chinese media: North Korea envoy offers talks

Posted: 23 May 2013 07:57 PM PDT

In this May 23, 2013 photo released by China's Xinhua News Agency, Liu Yunshan, right, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, meets with North Korean envoy Choe Ryong Hae in Beijing, China. On a visit to repair ties with China and waiting to meet its leader, Choe paid deference Thursday to hopes by the North's chief ally for renewed multinational nuclear talks. (AP Photo/Xinhua, Xie Huanchi) NO SALESBEIJING (AP) — A North Korean envoy, on the second day of his fence-mending visit to ally China, heeded Beijing's wishes by offering to renew nuclear disarmament talks, Chinese state media said.


Asia stock markets edge up after big sell-off

Posted: 23 May 2013 07:56 PM PDT

A man walks past an electronic stock indicator showing the Nikkei 225 index which nosedived 1,143.28 points, or 7.3 percent to close at 14,483.98 in Tokyo Thursday, May 23, 2013. Japanese stocks plummeted Thursday after a spike in government bond yields and unexpectedly weak Chinese manufacturing spooked investors sitting atop months of massive gains in share prices. (AP Photo/Shizuo Kambayashi)BANGKOK (AP) — Asian stock markets staged a mild recovery Friday, a day after being routed by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus.


Iceland Premier Aims to End Capital Controls

Posted: 23 May 2013 08:31 PM PDT

Iceland's new prime minister, Sigmundur David Gunnlaugsson, said he aims to remove capital controls, in place since the nation's economic collapse several years ago, and to reintroduce a free-floating currency.

Latin American Trade Bloc to Lower Tariffs

Posted: 23 May 2013 08:38 PM PDT

The leaders of the Pacific Alliance, a regional trade bloc, moved Thursday to lower import tariffs between the member countries, a decision that could boost economic integration efforts in Latin America.

Photos of the Day: May 23

Posted: 23 May 2013 09:25 PM PDT

In today's pictures, a woman walks in the rain in Nepal, lighting strikes a tornado-ravaged Oklahoma city, disabled women compete in a Moscow beauty pageant, and more.

Index Funds -- Low fees aren't the only advantage.

Posted: 23 May 2013 08:51 PM PDT

Today's guest columnist is author, Bill Schultheis.

World Digest: May 23, 2013

Posted: 23 May 2013 07:26 PM PDT

Lebanese supporters and opponents of Syrian President Bashar al-Assad fired heavy machine guns and lobbed mortar shells at each other Thursday in some of the worst fighting in the port city of Tripoli in years.

Read full article >>
    


Asia on Debt Binge as World Sobers Up

Posted: 23 May 2013 09:39 PM PDT

Asia's emerging economies are piling on debt to fuel growth, in stark contrast to the scaling back of private debt in the U.S. and Europe.

US highway bridge collapses into river

Posted: 23 May 2013 10:10 PM PDT

Part of bridge in Washington State collapses, dumping vehicles and people into water, police say.

VIDEO: Schools set alight in Stockholm violence

Posted: 23 May 2013 08:11 PM PDT

Rioters have set alight two schools and a police station in the suburbs of Stockholm, as violence flared for the fifth night in a row.

Detroit Could Sell Its Art Treasures To Pay Its Bills

Posted: 23 May 2013 07:24 PM PDT

The Detroit Institute of Arts is widely considered to be one of the nation's museum jewels. Its vast collection includes works by Rembrandt, Picasso, Sargent, and Van Gogh. Its centerpiece courtyard is framed with priceless automobile industry murals by Diego Rivera.

Two more arrested over UK soldier's killing

Posted: 23 May 2013 07:30 PM PDT

Man and woman arrested in connection with murder of British soldier Lee Rigby as police expand probe.

Funerals Begin for Oklahoma Tornado Victims

Funerals Begin for Oklahoma Tornado Victims


Funerals Begin for Oklahoma Tornado Victims

Posted: 23 May 2013 12:27 PM PDT

A funeral was held Thursday for a 9-year-old who died at Plaza Towers Elementary School in Moore, in one of the state's most destructive tornadoes in decades.
    


Mexico drug cartel commander pleads guilty in murder of U.S. official

Posted: 23 May 2013 12:58 PM PDT

NEW YORK (Reuters) - A Mexican drug cartel commander known as "Tweety Bird" pleaded guilty on Thursday in federal court in Washington to ordering the ambush and murder of U.S. immigration agents in 2011, according to U.S. officials.

London Slaying Victim Served in Afghanistan

Posted: 23 May 2013 12:40 PM PDT

The British soldier killed on a London street was a father who served in Afghanistan and passionately supported his hometown soccer team, Manchester United.

Utah boy, 15, arrested on suspicion of killing younger brothers

Posted: 23 May 2013 12:26 PM PDT

(Reuters) - A 15-year-old Utah boy was arrested on Thursday on suspicion he stabbed to death his two younger brothers, ages 10 and four, at the family home while their mother was out running errands, law enforcement officials said.

The Caucus: Mark Mazzetti on Obama's Speech on Drone Policy

Posted: 23 May 2013 12:24 PM PDT

The Times's Mark Mazzetti provided analysis and context about American drone policy during the president's speech.
    


A Bitter/Sweet Shift in Cockroach Defenses

Posted: 23 May 2013 11:04 AM PDT

Some populations of roaches have evolved a highly effective strategy to avoid sweet-tasting poison baits, researchers say.
    

Movie Review: ‘Before Midnight,’ With Julie Delpy and Ethan Hawke

Posted: 23 May 2013 09:15 AM PDT

"Before Midnight" follows the continuing romance of characters played by Julie Delpy and Ethan Hawke in the third film in a series directed by Richard Linklater.
    

Obama defends US use of drones

Posted: 23 May 2013 12:41 PM PDT

President says maintaining drone strikes overseas is part of US being "at a crossroads" in defeat of terrorism.

Violence in Russia's North Caucasus kills four

Posted: 23 May 2013 12:16 PM PDT

MOSCOW (Reuters) - Police killed two suspected Islamic militants on Thursday after one of them threw a grenade at a group of officers and two others died in a separate shootout in Russia's volatile North Caucasus region, Interfax reported.

A surprising map of where the world's atheists live

Posted: 23 May 2013 12:06 PM PDT

Pope Francis's pronouncement that God has "redeemed all of us even the atheists" Wednesday surprised both believers and nonbelievers around the world, who are used to stricter edicts from the Catholic church. It also got us wondering where the world's atheists live.

Read full article >>
    


Obama outlines future of counterterrorism efforts

Posted: 23 May 2013 11:59 AM PDT

President Obama outlined the future of his counterterrorism polices Thursday in a wide-ranging speech that sought to more clearly define the American enemy, make lethal government actions more accountable to Congress and signal that the nation's long war against al-Qaeda will one day end.

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In Iran, Rafsanjani reacts to ejection from presidential race with relief, warnings

Posted: 23 May 2013 11:27 AM PDT

TEHRAN — Two days after being disqualified from running in Iran's upcoming presidential election, former president Ali Akbar Hashemi Rafsanjani broke his silence Thursday, saying that difficult days loom for the country.

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Early Putin biography gives insight into dark mood of distrust in president’s inner circle

Posted: 23 May 2013 11:24 AM PDT

PARIS — At a cafe on the Place des Vosges, Natalia Gevorkyan is picking at a salade verte and thinking about betrayal.

It's a central theme in the worldview of Vladimir Putin, the Russian president and a man who once spent many hours telling her of his life and his credo. It was natural for a KGB officer to suspect betrayal all around him, she says, and though Putin left the agency nearly two decades ago, he has never shaken its particular view of human nature. Yet today, an air of suspicion seems to permeate the Kremlin more than at any time since he came to power.

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London knife attack boosts British far-right groups on social media

Posted: 23 May 2013 10:37 AM PDT

The suspects in Wednesday's brutal knife attack on a British soldier told a bystander that they wanted "to start a war in London tonight" -- and in some circles, they certainly have brought tensions to the surface. Britain's right-wing English Defense League, a controversial, anti-Islamic organization, is enjoying an unusual level of social media exposure in the wake of the attacks, and is using the attention to organize a series of "demonstrations."

Read full article >>
    


'A society discovering itself': The amazing, subversive rise of Chinese documentary film

Posted: 23 May 2013 10:27 AM PDT

Documentary filmmaking isn't always easy in China; like many forms of journalism, it is political by its very coexistence with state controls that the filmmakers may or may not accept. But, like so many forms of cultural expression in China, it's been growing rapidly over the last few years, reflecting a society undergoing tremendous change.

Read full article >>
    


Pussy Riot member denied parole

Posted: 23 May 2013 12:04 PM PDT

A Russian court denies parole to a hunger-striking member of punk band Pussy Riot, Maria Alyokhina, despite calls for her to be freed.

U.N. aid chief says Sudanese rebels obstructing aid deal

Posted: 23 May 2013 11:59 AM PDT

KHARTOUM (Reuters) - Sudanese insurgents are obstructing a deal to deliver much-needed aid into areas under their control in two Sudanese states where almost a million people have been forced from their homes, the U.N. aid chief said on Thursday.

Kenya seeks African help to drop Hague charges against Kenyatta

Posted: 23 May 2013 11:48 AM PDT

ADDIS ABABA (Reuters) - Kenya has asked other African countries to urge the International Criminal Court (ICC) to drop crimes-against-humanity charges against its new president and his deputy, according to an African Union document seen on Thursday.

Send your questions to John Kerry

Posted: 22 May 2013 09:54 AM PDT

What should BBC HARDtalk ask the US Secretary of State?

US sanctions 'hit NK aid agencies'

Posted: 23 May 2013 11:15 AM PDT

European aid agencies in North Korea say US financial sanctions are severely restricting their attempts to improve agriculture and nutrition there.