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February 22, 2011 Afternoon Update |
TOP NEWSChaos Grows in Libya; Defiant Qaddafi Vows to Fight OnBy KAREEM FAHIM and DAVID D. KIRKPATRICKCol. Muammar el-Qaddafi vowed "to fight to the last drop of blood" as clashes intensified between rebels and his loyalists in the capital, Tripoli, and witnesses described the streets as a war zone.
Israel Silent as Iranian Ships Transit Suez CanalBy ISABEL KERSHNERIsraeli officials have described the move as a provocation but have said it should not be blown out of proportion. In Bahrain, Shiites Turn Out to ProtestBy MICHAEL SLACKMAN and NADIM AUDIMore than 100,000 protesters poured into Pearl Square in the country's biggest antigovernment demonstration yet. Scores Killed in New Zealand EarthquakeBy MERAIAH FOLEYPrime Minister John Key said that at least 65 people were confirmed dead in the 6.3 magnitude earthquake that struck Christchurch. Thousands Gather to Protest Bill in OhioBy SABRINA TAVERNISENew hearings are planned on a bill that would effectively end collective bargaining for state workers. |
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BUSINESSSaudis, Trying to Calm Markets, Say OPEC Is Ready to Pump More OilBy CLIFFORD KRAUSSThe intensifying turmoil in Libya drove oil prices sharply higher again on Tuesday. Wall Street Shares Fall Sharply Amid Libyan UnrestBy CHRISTINE HAUSERMuch of the uncertainty among traders is being stoked by fears over oil supplies, which is also sending equity markets lower. Home Prices Slid in December in Most U.S. CitiesBy DAVID STREITFELDThe Standard & Poor's/Case-Shiller price index fell to nearly its lowest level since the housing crash began. Wal-Mart's U.S. Sales Drop in 4th QuarterBy STEPHANIE CLIFFORDSame-store sales dropped 1.8 percent, the seventh consecutive quarterly decline. Will Britain's Royal Wedding Pay the Bills?By JULIA WERDIGIERRosy tourism forecasts are offset by costs that include a national holiday. |
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