Feature

Taliban Overruns French Soldiers, 10 Killed

by: Jason Burke, The Guardian UK

French Soldier in Afghanistan
A French Soldier near the scene of a bombing in Afghanistan. (Photo: AP / Rafiq Maqbool)

    21 troops also wounded in "two-day running battle." Sarkozy to visit following deadly ambush near Kabul.     Ten French soldiers have been killed and 21 wounded after a Taliban ambush 40 miles east of the Afghan capital, Kabul. According to Afghan officials, four of the soldiers were executed after being captured or "kidnapped" during a two-day running battle with more than 100 insurgents. »

Iraqi Army soldiers from the 1st Battalion, 53rd Brigade.

Iraqi Forces Raid Provincial Government Compound

by: Nicholas Spangler and Laith Hammoudi, McClatchy Newspapers

    Baghdad - Iraqi forces raided the provincial government compound in Diyala early Tuesday morning, killing the governor's secretary and confiscating computers and cars before local police engaged them in a two-hour gun battle, police and local officials said.

    Four policemen were wounded, according to a police source.

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Wholesale prices bumped up in July.

Wholesale Prices Jumped in July

by: Michael Grynbaum, The New York Times

    American businesses faced the biggest annual jump in wholesale prices in 27 years last month, just as the stumbling economy caused consumer spending to drop.

    While the challenges are expected to make it more difficult for businesses to raise prices and maintain profit margins, they also underscore the pressure on Federal Reserve policy makers as they consider whether to raise rates.

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