From The Wire
S&P Lowers Israel's U.S.-backed Bonds
NEW YORK, Aug. 8 (UPI) — All U.S.-guaranteed sovereign bonds issued by Israel were downgraded one notch Monday, Standard & Poor’s rating services said. “This rating action is in line with the rating action on the United States of America that took place on Aug. 5, 2011,” Standard & Poor’s said in a statement on […]
S&P Lowers Israel’s U.S.-backed Bonds
NEW YORK, Aug. 8 (UPI) — All U.S.-guaranteed sovereign bonds issued by Israel were downgraded one notch Monday, Standard & Poor’s rating services said. “This rating action is in line with the rating action on the United States of America that took place on Aug. 5, 2011,” Standard & Poor’s said in a statement on […]
Oft-delayed Dreamliner Finally Rolls
EVERETT, Wash., Aug. 8 (UPI) — The Boeing 787 Dreamliner, which had been delayed for years and overran its budget by millions of dollars, finally rolled on the runway in Everett, Wash. Boeing said it would deliver the 787 to Japan’s All Nippon Airways next month in Tokyo, CNN reported Sunday. “We are rolling out […]
General Say Use Military Against PKK
ANKARA, Turkey, Aug. 8 (UPI) — Police forces in Turkey won’t be able to take on Kurdish militants with the same effectiveness as the national military, a retired general said. Ankara announced it was planning to extend police operations in southern parts of the country as part of counter-terrorism operations against the Kurdistan Workers’ Party, […]
Yemen Still Investigating Saleh Attack
SANAA, Yemen, Aug. 8 (UPI) — Yemeni authorities said they were still investigating the June 3 attack that put the country’s president in the hospital for more than two months. Yemeni President Ali Abdullah Saleh and Prime Minister Ali Mohammed Mujawar were released from a military hospital in Saudi Arabia last weekend. Both were gravely […]
U.N. Voices Concerns Over Famine Victims In Somalia
MOGADISHU, Somalia, Aug. 8 (UPI) — United Nations officials say they’re concerned about reports of women and young girls subjected to rape and sexual harassment while fleeing famine in Somalia. Bunmi Makinwa, the United Nations Population Fund regional director for Africa, expressed the agency’s worries during a visit to the Dadaab refugee camp in Kenya. […]
Al-Qaida-linked Rebels Pounded In Somalia
MOGADISHU, Somalia, Aug. 8 (UPI) — The withdrawal of Islamist insurgents from Mogadishu, Somalia’s capital, is a major gain for the shaky Western-backed Transitional Federal Government and comes as the United States is stepping up a covert war against the group that’s linked to al-Qaida. As the Americans escalate counter-terrorism operations in Yemen, across the […]
S&P Lowers Fannie Mae, Freddie Mac Ratings
WASHINGTON, Aug. 8 (UPI) — Standard & Poor’s downgraded ratings on mortgage giants Fannie Mae and Freddie Mac Monday, saying the decision was tied to its U.S. credit rating downgrade. “The downgrades of Fannie Mae [the Federal National Mortgage Association] and Freddie Mac [the Federal Home Loan Mortgage Corp.] reflect their direct reliance on the […]
S&P Lowers Fannie Mae, Freddie Mac Ratings
WASHINGTON, Aug. 8 (UPI) — Standard & Poor’s downgraded ratings on mortgage giants Fannie Mae and Freddie Mac Monday, saying the decision was tied to its U.S. credit rating downgrade. “The downgrades of Fannie Mae [the Federal National Mortgage Association] and Freddie Mac [the Federal Home Loan Mortgage Corp.] reflect their direct reliance on the […]
Russia, Georgia Trade Barbs On Anniversary
MOSCOW, Aug. 8 (UPI) — Russia, on the anniversary of its war with Georgia, said the country’s president is “ill-bred” though it didn’t make the same claim against the Georgian people. Russian forces responded when the Georgian military invaded the separatist republic of South Ossetia in 2008. The conflict spilled over to engulf forces from […]
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