ADDIS ABABA, Ethiopia (AP) — Ethiopia's Ministry of Foreign Affairs says the presidents of Sudan and South Sudan, two countries which were at the brink of all-out war last year, are to meet Friday in Ethiopia's capital.Spokesman Dina Mufti said Thursday that Ethiopia is optimistic the meeting will advance stalled peace deals.Sudan President Omar al-Bashir and South Sudan President Salva Kiir signed...
Ethiopian police says Qaida terror cell arrested
Labels: WorldADDIS ABABA, Ethiopia (AP) — Ethiopia's spy agency says that security forces have arrested 15 people alleged to be members of a terror cell linked with al-Qaida.The spy agency says military training manuals, videos and weapons were seized from the suspects. The agency announced the arrests late Wednesday.Authorities said the suspects were trained by al-Shabab militants in neighboring Somalia and Kenya....
AP names Torchia as bureau chief in South Africa
Labels: WorldJOHANNESBURG (AP) — Christopher Torchia, The Associated Press bureau chief in Turkey who has reported from five continents, has been appointed chief of bureau for AP for southern Africa.The appointment was announced Thursday by Africa Editor Andrew Selsky."Torchia is one of the best foreign correspondents in the business and has the experience and talent to deliver fascinating stories from this important...
Nigeria airline in June crash resumes flights
Labels: WorldLAGOS, Nigeria (AP) — The Nigerian airline involved in a June crash that killed at least 163 people resumed domestic flights Thursday, even though officials acknowledge they still don't know what brought the aircraft down and that the families of the dead still haven't received insurance settlements.Government authorities cleared Dana Air to again fly the same type of planes involved in the crash,...
C. African Republic leader fires son from post
Labels: WorldBANGUI, Central African Republic (AP) — Facing an insurgency by a new rebel coalition, the president of Central African Republic consolidated military power under his control Thursday after dismissing his own son as acting defense minister along with his army chief of staff.President Francois Bozize said in a decree read on state radio late Wednesday that he was taking over the position held by his...
Jan
03
US rate on 30-year mortgage rises to 3.71 pct.
Labels: BusinessWASHINGTON (AP) — Average rates on fixed mortgages rose this week, the first increase in seven weeks. But mortgage rates remain near historic lows, boosting prospects for home sales this year.Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year loan increased to 3.71 percent. That's up from 3.67 percent last week, the lowest since long-term mortgages began in the 1950s.The...
US fixed mortgage rates fall to new record lows
Labels: Business Fixed U.S. mortgage rates fell again to new record lows, providing prospective buyers with more incentive to brave a modestly recovering housing market.Mortgage buyer Freddie Mac said Thursday that the average on the 30-year loan dropped to 3.62 percent. That's down from 3.66 percent last week and the lowest since long-term mortgages began in the 1950s.The average rate on the 15-year mortgage,...
W.Va. teachers to attend 'Finance University'
Labels: BusinessCHARLESTON, W.Va. (AP) — West Virginia University's business school is teaming up with the state auditor's office and a nonprofit economic literacy group called the West Virginia Jump$start Coalition to present a conference for educators to learn personal finance — and how to teach it to their students.This year's Finance University is the 10th annual event for middle- and high-school teachers. It...
Average on 30-year US mortgage stays at 3.55 pct.
Labels: BusinessThe average rate on the 30-year fixed mortgage held steady this week, staying slightly above the lowest level on record. Low mortgage rates have aided a modest housing recovery.Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan was unchanged at 3.55 percent. In July, the rate fell to 3.49 percent, the lowest since long-term mortgages began in the 1950s.The average on the 15-year...
Ahead of the Bell: Weekly mortgage rates
Labels: BusinessWASHINGTON (AP) — Loan buyer Freddie Mac reports Thursday on whether mortgage rates are continuing to hold near recent low rates.Last week the average rate on the 30-year fixed mortgage held steady at 3.55 percent, slightly above the record low of 3.49 percent that was reached in July. Meanwhile, the average rate on the 15-year fixed mortgage, a popular refinancing option, dipped to 2.85 percent from...
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