News Wrap: At Least 5 Killed in Violence After Egypt’s Soccer Riot
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HARI SREENIVASAN: The jobs report gave Wall Street a healthy boost today. The Dow Jones industrial average gained more than 156 points to close at 12,862, its best finish in nearly four years. The Nasdaq rose nearly 46 points to close at 2,905, the highest in 11 years. For the week, the Dow gained 1.5 percent; the Nasdaq rose 3 percent.
The U.S. House could take up legislation next week to bar members of Congress and the executive branch from insider stock trading. A similar bill passed the Senate last night 96-3, in a rare show of bipartisanship. It requires that lawmakers post their stock trades online within 30 days. It was expanded to include thousands of federal employees and to force disclosure of all home mortgages.
Cities across Egypt erupted in fresh violence today. Protesters accused the ruling military of failing to stop a soccer riot that killed 74 people this week. At least five people have died in the ensuing trouble, with more than 1,500 injured.
We have a report from John Ray of Independent Television News.
JOHN RAY: Egypt’s latest agony unfolding in the heart of the capital, here, a rare moment of restraint, as Cairo’s streets became a teeming, seething mass engulfed in great clouds of tear gas, crowds besieging the Interior Ministry, hated symbol of the country’s rulers, the wounded rushed away, scores of them, most overcome by the choking gas, many unconscious.
They bill this as a day of reckoning with the security forces and the army, which still wields so much power here, but it’s another day where very little seems to have changed in Egypt’s year of revolution.
MAN: The people now are in anger. They are in anger. They are in rage. They are against the minister of interior. They have to revenge for their friends.
JOHN RAY: In Tahrir Square, there were tears for the dead of the past week and prayers to their memory.
But a cleric’s call for calm was quickly forgotten. Anger is at boiling point, despite elections and a new parliament. This veteran of the revolution says the killings at the soccer match show it’s not over.
MAHMOUD SABAE, activist: The mood of people right now is anger and frustration towards the violations that are happening against protesters and against civilians. And no one is really getting tried for those actions.
JOHN RAY: And again it is on the streets that the battle for this country’s future is being fought out.
HARI SREENIVASAN: In another development, Egyptian police said bedouin gunmen released two American women and their Egyptian tour guide. They had been kidnapped hours earlier in the Sinai Peninsula.
Malaria may be killing twice as many people as experts had believed. That’s according to a new study published in the British journal Lancet and funded by the Bill and Melinda Gates Foundation. It used new data and modeling tools. The study found the mosquito-borne disease killed 1.2 million people in 2010, mostly in Africa, which is twice the previous estimate.
A heavy winter storm socked in Colorado and western Kansas today before setting its sights farther east. The National Weather Service reported snow was falling at two inches an hour, producing blizzard conditions in some places. Two of the main interstates across Colorado were closed for safety reasons. Officials canceled more than 600 arriving and departing flights at Denver International Airport, a major airline hub.
The cyber-hackers known as Anonymous claimed a new coup today. They announced they had intercepted and recorded a January conference call between Washington and London. In it, the FBI and Scotland Yard discussed efforts to catch the hackers. Both police agencies confirmed the claim, but they said none of their systems or operations were compromised. Today, the hacking collective claimed responsibility for taking down the Boston Police Department website.
Those are some of the day’s major stories.