POSTED AT 12:00 AM ON Oct. 6, 2006 | PRINT | Email | SHARE | COMMENTS (0)

Oil prices rise on reported cuts

WASHINGTON -- Oil prices rose Thursday on expectations that OPEC will soon cut its output and as the United Nations considers possible sanctions against Iran over its nuclear program. Violence in Nigeria also raised concerns in the market about the stability of world oil supplies.

U.N. to discuss Iran sanctions

UNITED NATIONS -- The U.N. Security Council will start discussing a resolution next week that would impose sanctions on Iran for refusing to suspend uranium enrichment, Britain's U.N. ambassador said Thursday. The council's decision to take up a sanctions resolution follows lengthy negotiations between European and Iranian negotiators that failed to convince Tehran to suspend its enrichment program during negotiations on its nuclear program.

S. Korea, Russia try to stop N. Korea

SEOUL, South Korea -- The president of South Korea reportedly ordered his government to send a "grave warning" to North Korea about the consequences of a nuclear test, and Russia said it was trying to dissuade Pyongyang from conducting it. Amid the rising tensions, Japan's Kyodo News agency said a U.S. military plane capable of detecting radiation took off from southern Japan, believed to be part of U.S. efforts to monitor for signs of a North Korean test.

Amish gather, pray at girls' funerals

GEORGETOWN, Pa. -- A procession of 34 buggies and carriages carried mourners to a hilltop cemetery Thursday as the Amish community buried the first of five girls killed by a gunman inside their tiny one-room schoolhouse. Two state troopers on horseback and a funeral director's black sedan with flashing yellow lights led the cortege, followed by a long horse-drawn buggy carrying the body of 7-year-old Naomi Rose Ebersol.