Tuesday, August 23, 2011

Daily News Digest: Politics - Bloomberg News Headlines - Yahoo! News

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Tuesday, August 23, 2011 12:10 AM PDT
Today's Politics - Bloomberg News Headlines - Yahoo! News:
Don't count U.S., Japan out, Biden tells the world
Mon,22 Aug 2011 08:48 PM PDT
Reuters -

photoTOKYO (Reuters) - Vice President Joe Biden said on Tuesday the United States would overcome its debt crisis and Japan would move on from its devastating earthquake in March, warning doubters not to count the two countries out.


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Factbox: Republican presidential candidates weigh in on Libya
Mon,22 Aug 2011 03:44 PM PDT
Reuters - (Reuters) - Republicans vying to challenge Barack Obama in next year's election responded to developments in Libya with caution on Monday. They want to support democracy but don't want to endorse Obama's policy, which many opposed. Full Story
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Running hard, Perry a tough sell in New Hampshire
Mon,22 Aug 2011 01:25 PM PDT
Reuters - PORTSMOUTH, New Hampshire (Reuters) - White House hopeful Rick Perry has hit New Hampshire hard since kicking off his bid for the Republican nomination, but the tough-talking Texan will struggle to win support in this early-voting state. Full Story
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Obama urges Gaddafi loyalists lay down arms
Mon,22 Aug 2011 12:47 PM PDT
Reuters -

photoCHILMARK, Massachusetts (Reuters) - President Barack Obama called on Monday for Muammar Gaddafi to end the bloodshed in Libya as pockets of his loyalist forces continued to fight.


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White House: Vacationing Obama working on economy
Mon,22 Aug 2011 12:19 PM PDT
Reuters -

photoVINEYARD HAVEN, Massachusetts (Reuters) - President Barack Obama has taken heat for taking a vacation when the U.S. economy is struggling, but aides are striving to make clear he is not neglecting the country's finances during his break.


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Analysis: China, U.S. call time-out on diplomatic brawls
Mon,22 Aug 2011 11:08 AM PDT
Reuters -

photoBEIJING/CHENGDU, CHINA (Reuters) - During Vice President Joe Biden's visit to China, Beijing and Washington confined their brawling to the basketball court, and for now economic and political needs should keep tensions in the diplomatic arena from spiraling into fully-fledged feuds.


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Biden: China didn't need reassurance on U.S. economy
Mon,22 Aug 2011 11:08 AM PDT
Reuters - TOKYO (Reuters) - Vice President Joe Biden said on Monday China's leaders did not seek reassurances about the weak U.S. economy, and he called Xi Jinping -- the man expected to take over as China's next president -- pragmatic and strong. Full Story
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International allies on Libya to meet Thursday: Clinton
Mon,22 Aug 2011 10:08 AM PDT
Reuters -

photoWASHINGTON (Reuters) - Secretary of State Hillary Clinton and members of the international alliance on Libya agreed on Monday that senior diplomats will meet in Istanbul to discuss the next steps for the country, the State Department said.


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Treasury keeps freeze on Libya assets for now
Mon,22 Aug 2011 09:25 AM PDT
Reuters -

photoWASHINGTON (Reuters) - The United States is keeping in place for now a freeze on billions of dollars of Libyan government assets, although the Treasury Department is considering how to provide financial assistance to rebel groups, an Obama administration official said on Monday.


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Factbox: Key dates in 2012 U.S. presidential race
Mon,22 Aug 2011 09:06 AM PDT
Reuters - (Reuters) - The first contests on the road to the 2012 Republican presidential nomination are scheduled to take place in February, but there are many important events on the political calendar before then. Full Story
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No U.S. boots on the ground in post-Gaddafi Libya
Mon,22 Aug 2011 08:57 AM PDT
Reuters -

photoWASHINGTON (Reuters) - The United States does not intend to send ground forces into Libya to assist in any international peacekeeping operations following the fall of Muammar Gaddafi, the Pentagon said on Monday.


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Republicans may never get 2012 dream candidate
Mon,22 Aug 2011 07:01 AM PDT
Reuters -

photoWASHINGTON (Reuters) - Republicans still hoping that another candidate will jump into the presidential race and give the party a better chance of defeating President Barack Obama in 2012 may need to get over it.


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Gaddafi "part of Libya's past": Jeffrey Feltman
Mon,22 Aug 2011 05:33 AM PDT
Reuters -

photoWASHINGTON (Reuters) - Libya has moved beyond a historic tipping point and Muammar Gaddafi is now "part of Libya's past," Assistant Secretary of State Jeffrey Feltman said on Monday.


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Biden offers U.S. support for democratic Mongolia
Mon,22 Aug 2011 03:52 AM PDT
Reuters -

photoULAN BATOR (Reuters) - U.S. Vice President Joe Biden lauded land-locked Mongolia's efforts at democratization on Monday, offering support to a country that is strategically located between China and Russia and sits on vast quantities of untapped mineral wealth.


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Obama says will be judged in 2012 over economy
Sun,21 Aug 2011 06:56 AM PDT
Reuters -

photoVINEYARD HAVEN, Massachusetts (Reuters) - President Barack Obama said on Sunday he expects to be judged in the 2012 election over his governance of the American economy, which he said was still not growing fast enough.


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Factbox: U.S. Post Office's troubled financial past
Sun,21 Aug 2011 05:38 AM PDT
Reuters - (Reuters) - The U.S. Postal Service, worn down by years of multibillion-dollar losses and facing insolvency next month, is lobbying Congress to pass a measure allowing it to overhaul its business model. Full Story
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Biden prods China on rights, controls keep dissent at bay
Sun,21 Aug 2011 03:34 AM PDT
Reuters - DUJIANGYAN, China (Reuters) - U.S. Vice President Joe Biden prodded China to expand citizens' rights on Sunday, but the tight security accompanying his visit to the nation's southwest showed the ruling Communist Party's determination to stamp out dissent. Full Story
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Obama summer reading list leans toward fiction
Sat,20 Aug 2011 11:18 AM PDT
Reuters -

photoVINEYARD HAVEN, Massachusetts (Reuters) - President Barack Obama, perhaps seeking a break from harsh reality after a tough summer battling the economy and Republicans in Congress, has picked a summer reading list that is long on fiction.


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Biden seeks to reassure China on U.S. debt
Sat,20 Aug 2011 09:08 AM PDT
Reuters -

photoBEIJING (Reuters) - U.S. Vice President Joe Biden on Friday said China had "nothing to worry about" concerning the safety of its vast holdings of Treasury debt, while China's Premier Wen Jiabao gave a ringing endorsement of the resilience of the debt-ridden U.S. economy.


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U.S. says hikers jailed in Iran should come home
Sat,20 Aug 2011 09:02 AM PDT
Reuters - WASHINGTON (Reuters) - The United States said on Saturday it was trying to confirm an Iranian TV report that two U.S. citizens held by Iran were jailed for eight years for spying and it reiterated its call for their release. Full Story
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Obama accuses Congress of holding back recovery
Sat,20 Aug 2011 04:17 AM PDT
Reuters -

photoVINEYARD HAVEN, Massachusetts (Reuters) - A vacationing President Barack Obama accused Congress on Saturday of holding back the economic recovery by blocking "common sense" measures he said would create jobs and help growth.


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John Edwards replaces legal team in campaign violations case
Fri,19 Aug 2011 04:15 PM PDT
Reuters -

photoNEW YORK (Reuters) - Former presidential candidate John Edwards has replaced the legal team defending him against criminal charges of campaign fund violations.


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Feingold says he will not seek office in 2012
Fri,19 Aug 2011 02:51 PM PDT
Reuters -

photoMILWAUKEE (Reuters) - Russ Feingold, the former Democratic senator from Wisconsin, said on Friday he will not be a candidate for political office next year, which takes him out of the running for senator, or governor if Democrats force a recall against Republican incumbent Scott Walker.


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Rick Perry risks scaring Wall Street Republicans
Fri,19 Aug 2011 02:35 PM PDT
Reuters -

photoWASHINGTON (Reuters) - Presidential hopeful Rick Perry's brash appeal to the Republican Party's fiscally conservative base may fall flat with big donors who favor a more moderate candidate to challenge President Barack Obama in the 2012 election.


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Perry campaigns in South Carolina, gets voter vetting
Fri,19 Aug 2011 02:34 PM PDT
Reuters -

photoCOLUMBIA, South Carolina (Reuters) - Texas Governor Rick Perry took his campaign to the key early primary state of South Carolina on Friday, criticizing President Barack Obama's economic record and touting his own.


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"Sword of Damocles" hangs over deficit panel
Fri,19 Aug 2011 01:16 PM PDT
Reuters -

photoNEW YORK (Reuters) - Turbulence in world financial markets will add a sense of urgency to the work of a powerful new congressional committee charged with finding ways to cut the ballooning U.S. deficit, panel member Chris Van Hollen said Friday.


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Greens see red over oil sands pipeline
Fri,19 Aug 2011 12:20 PM PDT
Reuters - WASHINGTON (Reuters) - Thousands of opponents of a $7 billion pipeline that would boost U.S. dependence on Canadian oil sands plan to get arrested in protests over the next two weeks that they hope will help persuade the Obama administration to kill the project. Full Story
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Governors say flood control must be priority on Missouri River
Fri,19 Aug 2011 12:12 PM PDT
Reuters - OMAHA (Reuters) - A united delegation of Missouri River basin governors said on Friday that the Army Corps of Engineers needs to make flood control the top priority as the agency manages the Missouri River. Full Story
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FAA imposes "cooling off" period for inspectors
Fri,19 Aug 2011 11:56 AM PDT
Reuters - WASHINGTON (Reuters) - Aviation regulators tightened rules for when safety inspectors can work for airlines, changes intended to avoid the type of cozy relations that upended Southwest Airlines Co. Full Story
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In China, Biden pulls punches, not punch lines
Fri,19 Aug 2011 06:00 AM PDT
Reuters -

photoBEIJING (Reuters) - U.S. Vice President Joe Biden, in China on a five-day charm mission, has worked hard with his hosts to inject a little amity into the sometimes fractious relationship, pulling punches but not his punch lines.


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China-U.S. basketball "friendly" erupts into brawl
Fri,19 Aug 2011 04:35 AM PDT
Reuters -

photoBEIJING (Reuters) - As U.S. Vice President Joe Biden built trust with China in Beijing's corridors of power, goodwill between the two nations unravelled Thursday night on a nearby basketball court, where players traded kicks and punches and even a chair was thrown.


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Belarus halts uranium deal with U.S. over sanctions
Fri,19 Aug 2011 04:24 AM PDT
Reuters - MINSK (Reuters) - Belarus said on Friday it would halt a plan to eliminate its highly-enriched uranium stockpile, as previously agreed with the United States, after Washington imposed fresh economic sanctions on the former Soviet republic. Full Story
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Yuan can flow back to China by year-end: HK official
Fri,19 Aug 2011 03:09 AM PDT
Reuters - HONG KONG (Reuters) - A plan to allow foreign investors to buy mainland securities using yuan raised offshore could be implemented by the end of this year, a senior Hong Kong government official said on Friday. Full Story
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China's Wen: Confident U.S. economy to resume healthy growth
Fri,19 Aug 2011 01:34 AM PDT
Reuters - BEIJING (Reuters) - China is confident the U.S. economy will get back on the track of healthy growth, China's Premier Wen Jiabao told visiting U.S. Vice President Joe Biden on Friday during his five-day trust building mission to the United States' largest creditor. Full Story
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China heir apparent Xi raised by elite, steeled by turmoil
Thu,18 Aug 2011 08:08 PM PDT
Reuters - BEIJING (Reuters) - Two years ago in Mexico, China's president-in-waiting, Xi Jinping, flashed a steely glimpse of a future leader born into a revolutionary aristocracy and who came of age in the tumult of Mao Zedong's Cultural Revolution. Full Story
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China expresses confidence in U.S. economy: U.S. official
Thu,18 Aug 2011 08:08 PM PDT
Reuters - BEIJING (Reuters) - China's vice president expressed confidence in the fundamentals of the U.S. economy and prospects for the future, a senior Obama administration official accompanying U.S. Vice President Joe Biden on a visit to China said on Thursday. Full Story
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Xi: China, U.S. should coordinate to boost market confidence
Thu,18 Aug 2011 08:08 PM PDT
Reuters - BEIJING (Reuters) - China and the United States "have a responsibility to strengthen macro-economic policy coordination and together boost market confidence," Chinese Vice President Xi Jinping told visiting U.S. Vice President Joe Biden on Thursday, according to Chinese state media. Full Story
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Running hard, Perry a tough sell in New Hampshire
Thu,18 Aug 2011 02:32 PM PDT
Reuters -

photoPORTSMOUTH, New Hampshire (Reuters) - White House hopeful Rick Perry has hit New Hampshire hard since kicking off his bid for the Republican nomination, but the tough-talking Texan will struggle to win support in this early-voting state.


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Top Illinois Republicans say "No" to more borrowing
Thu,18 Aug 2011 01:29 PM PDT
Reuters - CHICAGO (Reuters) - Illinois should not issue debt to pay its still-sizable backlog of bills, top Republicans in the state government said on Thursday, warning that the state could face big borrowing costs due to its relatively low credit rating. Full Story
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U.S. offers North Korea flood aid, but no food yet
Thu,18 Aug 2011 01:19 PM PDT
Reuters - WASHINGTON (Reuters) - The United States has offered North Korea up to $900,000 in emergency flood assistance but has made no decision yet on a broader request for humanitarian food aid for the isolated country, the State Department said on Thursday. Full Story
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