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North Korea said on Monday it wants to reach a peace treaty quickly to replace the ceasefire that ended the 1950-53 Korean War in order to build trust with the United States and revive dormant nuclear disarmament talks. But the White House made clear that North Korea must first resume long-stalled six-country (more)
Iraq executed on Monday Ali Hassan al-Majeed, Saddam Hussein's cousin known as "Chemical Ali," for crimes against humanity including the gassing of thousands of Kurds and violent crackdowns on Shi'ite revolts. Majeed's execution was announced shortly after suicide bombers struck the Iraqi capital in (more)
The U.S. Senate looked likely to grudgingly approve Ben Bernanke to a second term as Federal Reserve chairman this week after the White House stepped in to defend his crisis-fighting record and rally votes. A Reuters poll showed 36 senators were either committed to approving the nomination or leaning (more)
Turkish Prime Minister Tayyip Erdogan may face probing questions about whether NATO member Turkey is tilting away from the West and toward Iran when he meets U.S. President Barack Obama next week. Erdogan, whose party has Islamist roots, visits Washington at a time when Ankara's efforts to cultivate (more)
China sought on Friday to play down a threat by Google Inc to quit the country on hacking and censorship concerns, but the United States said it will formally express concern over the cyber attacks the Internet search giant said originated in China. A spokesman for China's Commerce Ministry said there (more)
U.S. President Barack Obama vowed on Tuesday to act with "utmost urgency" to tighten air security in the aftermath of an attempted Christmas Day plane bombing, as he sought to limit political fallout from the incident. Emerging from a meeting with his national security team, Obama singled out the intelligence (more)
President Barack Obama on Friday prodded large U.S. banks to boost lending to Main Street and cautiously welcomed news of an unexpected drop in the unemployment rate. Obama, whose domestic popularity has taken a hit amid frustrations over job losses, visited a metal-working plant and a community college (more)
The budget outlook is "daunting," with deficits stuck at levels not seen since World War Two, congressional forecasters said on Tuesday in a report that lays out the challenge facing President Barack Obama as he seeks to boost the economy while cutting spending. Obama, struggling in opinion polls, is (more)
The United States will deploying new "eyes in the sky" surveillance technology next year in Afghanistan to back President Barack Obama's surge of 30,000 additional forces, a top Air Force official said on Wednesday. Lieutenant General David Deptula, Air Force deputy chief of staff for intelligence, (more)
A bomb attack in northwest Pakistan killed a former minister on Sunday, officials said, keeping up pressure on a government struggling to contain a raging Taliban insurgency and stabilize the country. A roadside bomb hit the car in which former provincial minister Ghani-ur-Rehman was traveling. "The (more)
Citigroup, Wells Fargo To Pay Back U.s.
Citigroup Inc and Wells Fargo & Co said they were paying back funds to the U.S. government, in transactions that will end taxpayers' capital support of the biggest U.S. banks much sooner than had
been expected just weeks ago. With regulators signing off on the plans, the U.S. government is signaling that it is comfortable removing some of the support it has provided to banks since the failure
of Lehman Brothers Holdings created pandemonium in financial markets in the fall of 2008.
Source: http://www.reuters.com/article/idUSTRE5BD5I420091215
Created by: meddly | Created at: 06:30 PM - March 14, 2010
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