Argentina was in default Thursday for the second time in 13 years after the failure of last ditch talks with US hedge funds it has branded "vultures." After hours of meetings Wednesday in New York, Economy Minister Axel Kicillof emerged to confirm that no deal had been reached. "Unfortunately, no agreement was reached and the Republic of Argentina will imminently be in default," said Daniel Pollack, the lawyer appointed by a US court to oversee the talks. Ratings agency Standard and Poor's had already placed Argentina in "selective default" when the talks ended.
Experts from the Netherlands and Australia tried on Thursday to reach the crash site in eastern Ukraine of downed Malaysia Airlines flight MH17 after several failed attempts this week. Members of the Organization for Security and Cooperation in Europe (OSCE) were also part of a team that was trying to navigate a safe route to the area where the plane went down on July 17, killing all 298 passengers and crew.
KARACHI, Pakistan (AP) — Rescuers say at least 19 people have drowned off southern Pakistan beaches because of heavy waves and strong currents.
AMSTERDAM (AP) — Budweiser brewer AB InBev SA, the world's largest beer maker, says sales and underlying earnings grew in the second quarter, with 7.2 percent growth in Brazil, thanks in part to the World Cup, and it sees an improving economic outlook in the U.S.
WASHINGTON (AP) — President Barack Obama is pushing government contractors to stop violating labor laws if they want to keep taking federal money.
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WASHINGTON (AP) — The State Department has endorsed the broad conclusions of a harshly critical Senate report on the CIA's interrogation and detention practices after the 9/11 attacks, a report that accuses the agency of brutally treating terror suspects and misleading Congress, according to a White House document.
ABUJA (Reuters) - Nigerian forces have arrested two Boko Haram suspects who were travelling with a 10-year-old girl with explosives strapped to her, the government said on Wednesday. Government spokesman Mike Omeri said the suspects had been intercepted in a Honda CRV car travelling along a road in the north's Katsina state. "Ten-year old Hadiza was discovered to have been strapped with an explosive belt and, immediately, Iliya and Zainab made attempt to escape with the car, but were later blocked by other concerned Nigerians and subsequently arrested," he said.
By Nidal al-Mughrabi and Ori Lewis GAZA/JERUSALEM (Reuters) - Israel pressed ahead with its Gaza offensive saying it was days from achieving its core goal of destroying all Islamist guerrilla cross-border attack tunnels, but a soaring Palestinian civilian toll has triggered international alarm. Prime Minister Benjamin Netanyahu's security cabinet on Wednesday approved continuing the assault launched on July 8 in response to a surge of rocket attacks by Gaza's dominant Hamas Islamists. Israel also sent a delegation to Egypt, which has been trying, with Washington's blessing, to broker a ceasefire. Fifty-six Israeli soldiers have been killed in Gaza clashes and more than 400 wounded.
By Alexei Oreskovic SAN FRANCISCO (Reuters) - Facebook Inc is launching a mobile app that gives users in Zambia free access to a handful of online services on mobile phones, broadening an effort to boost Internet usage in underdeveloped countries. The Internet.org app will offer, in partnership with wireless operator Airtel , more than a dozen services including online encyclopedia Wikipedia, websites devoted to weather, job listings and health information, as well as Facebook's own social network and messaging service.
MALIN, India (AP) — Rescue workers and desperate villagers dug through deep mud, rocks and the debris of shattered homes Thursday after a massive landslide buried a remote village in western India, killing at least 24 people and trapping more than 150, authorities said.
SEOUL, South Korea (AP) — Samsung Electronics Co. reported a bigger-than-expected fall in second quarter profit on Thursday and said it was uncertain if earnings from its handset business would improve in the current quarter.
WASHINGTON (AP) — Congress is racing to wrap up legislation addressing chronic problems at the Veterans Affairs Department and a shortfall in highway money ahead of its five-week summer break. Deep divisions cast doubt on any resolution to the surge of immigrants at the border.
PORTLAND, Ore. (AP) — Once-forgotten plaques placed by a Portland police officer in a city park to honor five Nazi-era German soldiers have come back to haunt the city.
LOS ANGELES (AP) — Work crews have stopped the last of the water gushing from a 30-inch pipe near the University of California, Los Angeles some 30 hours after it burst.