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Bernanke: Inflation Still Unwelcome, Even in Slowing Economy

WASHINGTON – Even though the once barreling U.S. economy is now slowing down, Federal Reserve Chairman Ben Bernanke on Monday called recent increases in inflation unwelcome and pledged to make sure surging energy prices don’t make things worse. In deciding the Federal Reserve‘s next rate move in late June, Bernanke …

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Report: Military Kills 19 Islamic Insurgents in Algeria

ALGIERS, Algeria – Soldiers launched a major assault on a hideout of Islamic insurgents, killing 19 militants, including the regional emir, or leader, the Algerian press reported Monday. Some 800 soldiers, police and communal guards, or government-armed militia, took part in the assault Sunday near Annaba, some 370 miles east …

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U.N.: Worldwide Marijuana Use 'Out of Control'

WASHINGTON – Marijuana use worldwide is out of control because the plant grows everywhere, is in high demand and erroneously is considered by many to be harmless, a U.N. agency said Monday. Antonio Maria Costa, executive director of the United Nations Office on Drugs and Crime, highlighted the marijuana problem …

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