Daily News Channel
Americans relied less on borrowed money in April than they did in March a sign that the pullback on debt-fueled spending continued into the spring. New data from the Federal Reserve shows that outstanding consumer credit which includes credit cards, auto loans and tuition financing, but not mortgages, fell by $15.7 billion to $2.52 trillion, an annualized drop of 7.4%
The Organization of American States on Wednesday revoked a 1962 decision suspending Cuba from the multinational group.
No running water, no electricity, no fuel and little food. International Red Cross officials are “gravely concerned” about the stark situation in Pakistan’s Swat Valley, where a monthlong offensive against the Taliban has displaced more than 2 million civilians.
Twenty-five militants and six soldiers were killed Saturday night in two separate clashes between security forces and insurgents in Pakistan’s tribal region, officials said. Both clashes took place after militants ambushed security forces in South Waziristan, one of seven districts in Pakistan’s mostly ungoverned tribal region along the Afghan border, said military spokesman Gen. Athar Abbas.
With faux wind towers giving it the appearance of a storybook stronghold from One Thousand and One Nights, Anantara’s Desert Islands Resort & Spa stands alone on the shores of Sir Bani Yas — a large island in the Persian Gulf, lying just 5 miles off the coast of the emirate of Abu Dhabi. And in truth, there is a whiff of fantasy about this sand-colored, 64-room property, fringed by cobalt-blue sea on one side and, on the other, a saltwater lagoon fronting desert scrubland and a jumble of rocky central hills. Remote Sir Bani Yas was once the private domain of Sheik Zayed bin Sultan al-Nahyan, ruler of Abu Dhabi and co-founder of the United Arab Emirates
The Pakistani military claimed Friday to have broken the backs of Taliban militants in the Swat region. The military made the claim while escorting journalists into the country’s volatile war zone
A Belgian city has decided to go "veggie" for a day in an effort to highlight the environmental and health costs of eating meat. The city authorities in Ghent, some 50 kilometers (30 miles) west of Brussels, have declared Thursdays “Veggie Day,” (Veggiedag) and are asking residents to get involved and opt for vegetarian meals at least one day a week.
NASA scientists say new data provided by twin spacecraft analyzing the sun will help them more accurately predict how so-called solar tsunamis wreak havoc on our planet. The tsunamis — powerful explosions known as coronal mass ejections, or CMEs — produce solar cosmic rays that can interfere with technology, causing power blackouts and disrupting air traffic communications and cell phone networks. NASA says images captured by its twin Solar Terrestrial Relations Observatory, or STEREO, spacecraft have enabled scientists to map the tsunamis in 3D to examine their structure, velocity, mass and direction.
For 25 agonizing minutes, journalist Norm Beaman did not know whether his wife had perished in wild fires sweeping southern Australia, after he lost mobile phone contact following an explosion and a scream. Beaman, a veteran reporter for Channel 7 news, was racing home to his property on Mount Disappointment, north of Melbourne, talking to his wife Annie as she tried to defend their home from the fires that have left dozens dead.