Sunday, August 28, 2011

Daily News Digest: Reuters News Headlines - Yahoo! News

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Sunday, August 28, 2011 12:02 AM PDT
Today's Reuters News Headlines - Yahoo! News:
"Act now" to save global recovery, IMF chief urges
Sat,27 Aug 2011 03:37 PM PDT
Reuters -

photoJACKSON HOLE, Wyo (Reuters) - The new head of the IMF on Saturday called on global policymakers to pursue urgent action, including forcing European banks to bulk up their capital, to prevent a descent into a renewed world recession.


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Obama keeping close watch on Hurricane Irene
Sat,27 Aug 2011 06:14 PM PDT
Reuters -

photoWASHINGTON (Reuters) - President Barack Obama kept a close eye on Hurricane Irene as it charged north along the East Coast on Saturday by visiting the Federal Emergency Management Agency and receiving an evening briefing from top officials.


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Libyans count deadly cost of battle for Tripoli
Sat,27 Aug 2011 06:53 PM PDT
Reuters -

photoTRIPOLI (Reuters) - Residents of Tripoli dug makeshift graves to bury the dead as evidence emerged of widespread summary killings during the battle for the Libyan capital.


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Al Qaeda number two killed in Pakistan this week
Sat,27 Aug 2011 02:16 PM PDT
Reuters -

photoWASHINGTON (Reuters) - Al Qaeda's new second-in-command was killed earlier this week in Pakistan, U.S. officials said Saturday, in a major blow to the group still reeling from the death of Osama bin Laden.


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Obama and Merkel vow action on global economic woes
Sat,27 Aug 2011 11:15 AM PDT
Reuters -

photoWASHINGTON (Reuters) - U.S. President Barack Obama and German Chancellor Angela Merkel discussed the eurozone crisis and financial-market turbulence on Saturday and vowed action to bolster the global economy, the White House said in a statement.


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Arab states urge end to Syria bloodshed, send envoy
Sat,27 Aug 2011 09:32 PM PDT
Reuters -

photoAMMAN/CAIRO (Reuters) - Arab states told Syria on Sunday to "resort to reason" and end months of bloodshed after some of the most intense protests in Damascus since the start of the uprising against President Bashar al-Assad.


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Chavez to have third chemo session in Venezuela
Sat,27 Aug 2011 04:19 PM PDT
Reuters -

photoCARACAS (Reuters) - President Hugo Chavez will undergo a third round of chemotherapy for cancer at home in Venezuela beginning Sunday, he said, instead of traveling to Cuba where he had two previous rounds of treatment.


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Google's Schmidt sees more partners for Google TV
Sat,27 Aug 2011 09:07 AM PDT
Reuters -

photoEDINBURGH, Scotland (Reuters) - Google is "absolutely committed" to its fledgling television business and expects many more partners to join it soon, Executive Chairman Eric Schmidt said on Saturday.


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Fed and other regulators need policing: economist
Sat,27 Aug 2011 07:09 AM PDT
Reuters - JACKSON HOLE, Wyoming (Reuters) - Global financial regulators are likely to impede growth rather than foster it unless they are better policed, an economist warned policymakers on Saturday. Full Story
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Ferocious Hurricane Irene batters New York, moving north
Sat,27 Aug 2011 10:36 PM PDT
Reuters -

photoNEW YORK (Reuters) - Hurricane Irene battered New York with ferocious winds and driving rain early on Sunday, shutting down the U.S. financial capital and most populous city, halting mass transit and causing massive power blackouts as it churned slowly northward along the East Coast.


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Syrian authorities warn against protesting in capital
Sat,27 Aug 2011 01:12 PM PDT
Reuters -

photoAMMAN (Reuters) - Syria's Interior Ministry warned Damascus residents Saturday against demonstrating after some of the most intense protests in the capital since the start of the five-month uprising against President Bashar al-Assad.


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Libyans count deadly cost of battle for Tripoli
Sat,27 Aug 2011 03:27 PM PDT
Reuters -

photoTRIPOLI (Reuters) - Residents of Tripoli dug makeshift graves to bury the dead as evidence emerged of widespread summary killings during the battle for the Libyan capital.


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Irene rakes up East Coast, shuts down New York
Sat,27 Aug 2011 03:43 PM PDT
Reuters -

photoMOREHEAD CITY, North Carolina (Reuters) - Hurricane Irene charged up the U.S. East Coast on Saturday toward New York, shutting down the city, and millions of Americans sought shelter from a huge storm that halted transport and caused massive power blackouts.


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Obama visits FEMA as Irene nears Washington
Sat,27 Aug 2011 03:44 PM PDT
Reuters -

photoWASHINGTON (Reuters) - President Barack Obama visited Federal Emergency Management Agency headquarters on Saturday to get an update on preparations for Hurricane Irene as it charged north along the U.S. East Coast.


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Irene closes NY subways; airlines abandon Northeast
Sat,27 Aug 2011 03:10 PM PDT
Reuters -

photoWASHINGTON (Reuters) - U.S. airline, rail and transit systems in New York and other eastern cities initiated sweeping weekend shutdowns and slowdowns on Saturday as Hurricane Irene bore down on the region.


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Banks scramble to add cash as Irene approaches
Sat,27 Aug 2011 01:13 PM PDT
Reuters -

photoNEW YORK (Reuters) - Cash is king in a hurricane, but getting it is another question entirely.


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Nigeria president avoids naming suspects at bomb site
Sat,27 Aug 2011 06:49 AM PDT
Reuters -

photoABUJA (Reuters) - Nigerian President Goodluck Jonathan visited on Saturday the site of a bomb attack at the U.N. building in Abuja, refusing to be drawn on who was to blame but recognizing the threat posed by a radical Islamist sect.


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Ike witness: Surviving a big hurricane in a big city
Fri,26 Aug 2011 01:30 PM PDT
Reuters -

photoHOUSTON (Reuters) - The night before Hurricane Ike made landfall in Texas almost three years ago, four of us were packed into one hotel room in downtown Houston. Security knocked on the door requesting that we sign a waiver promising not to sue if we were killed in the storm.


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Al Qaeda number two killed in Pakistan: U.S. official
Sat,27 Aug 2011 11:02 AM PDT
Reuters - WASHINGTON (Reuters) - The number two leader of al Qaeda, Atiyah abd al-Rahman, was killed on August 22 in Pakistan, a senior U.S. official told Reuters on Saturday. Full Story
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More Somali famine victims fleeing to Yemen: UNHCR
Sat,27 Aug 2011 02:08 AM PDT
Reuters -

photoNAIROBI (Reuters) - There has been a jump in the number of Somalis, hit by famine, instability and high food prices who are fleeing to Yemen instead of other countries in the drought-ridden Horn of Africa region, the U.N. refugee agency said.


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U.S. oil-spill ruling pleases plaintiff lawyers
Fri,26 Aug 2011 06:30 PM PDT
Reuters - NEW YORK (Reuters) - Plaintiff lawyers claimed a victory on Friday when a federal judge overseeing hundreds of lawsuits against BP and others over last year's big oil spill in the Gulf of Mexico allowed much of the case to move ahead, including punitive damages claims. Full Story
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Bernanke quiet on next Fed move, stresses job crisis
Fri,26 Aug 2011 02:32 PM PDT
Reuters -

photoJACKSON HOLE, Wyoming (Reuters) - Federal Reserve Chairman Ben Bernanke on Friday stopped short of detailing further action to boost the U.S. recovery but said the central bank would consider what more it could do to fight high unemployment, giving some comfort to investors.


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Murdoch tabloid private eye delivers hacking names
Fri,26 Aug 2011 03:52 PM PDT
Reuters -

photoLONDON (Reuters) - A private detective jailed for illegally intercepting voicemail messages on behalf of a journalist at one of Rupert Murdoch's British tabloids on Friday gave lawyers the names of the people he says ordered him to carry out the phone hacking.


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Def Leppard pours "Mirrorball" of sugar on fans
Fri,26 Aug 2011 01:35 PM PDT
Reuters -

photoTORONTO (Reuters) - It may be difficult to believe that after three decades of rocking hard -- 65 million albums sold and hundreds of packed concerts -- Def Leppard hadn't released a standalone live album until this year.


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Second-quarter growth slows, outlook less dismal
Fri,26 Aug 2011 01:52 PM PDT
Reuters -

photoWASHINGTON (Reuters) - The struggling U.S. economy expanded even more slowly than previously thought in the second quarter of 2011, but a breakdown of the growth suggested a new recession could be avoided.


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Islamists suspected in deadly Nigeria U.N. bombing
Fri,26 Aug 2011 02:49 PM PDT
Reuters -

photoABUJA (Reuters) - At least 18 people were killed by a car bomb that ripped through the United Nations' building in the Nigerian capital Abuja on Friday -- a rare attack on an international institution in a country wracked by local conflicts.


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Scottish say lost contact with Lockerbie bomber
Fri,26 Aug 2011 02:06 PM PDT
Reuters -

photoWASHINGTON (Reuters) - Scottish authorities have lost contact, at least temporarily, with the Libyan convicted in the December 1988 bombing of a U.S.-bound airliner over Lockerbie, Scotland.


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Libya rebels say "close in" on Gaddafi
Fri,26 Aug 2011 11:33 AM PDT
Reuters -

photoTRIPOLI (Reuters) - Libyan rebels claimed to be close to capturing Muammar Gaddafi on Friday as their NATO backers bombed diehard loyalists in his tribal bastion, but there was no sign of an end to the war, or to international wrangling over Libya's riches.


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Some Gulf oil spill claims against BP dismissed
Fri,26 Aug 2011 04:47 PM PDT
Reuters - NEW YORK (Reuters) - A federal judge overseeing hundreds of lawsuits related to last year's massive oil spill in the Gulf of Mexico on Friday dismissed some plaintiff claims and allowed others to remain in the litigation. Full Story
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U.S. East braces for hurricane, NYC orders evacuations
Fri,26 Aug 2011 02:09 PM PDT
Reuters -

photoWILMINGTON, North Carolina (Reuters) - The eastern United States ramped up its alert on Friday ahead of Hurricane Irene and New York City ordered evacuations of vulnerable residents as the broad, menacing storm closed in on the Atlantic coast.


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Mexico's Calderon berates U.S. after casino attack
Fri,26 Aug 2011 10:04 AM PDT
Reuters -

photoMEXICO CITY (Reuters) - President Felipe Calderon declared three days of mourning on Friday and demanded a crackdown on drugs in the United States after armed men torched a casino in northern Mexico, killing at least 52 people.


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New York takes unprecedented steps ahead of Irene
Fri,26 Aug 2011 04:05 PM PDT
Reuters -

photoNEW YORK (Reuters) - New York City on Friday ordered the evacuation of more than 250,000 people and prepared to shut down its entire mass transit system, both unprecedented measures ahead of the expected battering from Hurricane Irene.


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Google TV to launch in Europe next year
Fri,26 Aug 2011 04:34 PM PDT
Reuters -

photoEDINBURGH, Scotland (Reuters) - Google Inc will launch its TV service in Europe early next year, Executive Chairman Eric Schmidt said on Friday, despite teething problems that had led some observers to question how committed the company would remain to the project.


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No Caribbean insurance payouts from Hurricane Irene
Fri,26 Aug 2011 01:31 PM PDT
Reuters - LONDON, Aug 26 - Hurricane Irene will not trigger insurance payouts to the Caribbean islands impacted by the storm, which roared through the Bahamas as a major category 3 hurricane on Thursday. Full Story
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Irene losses already up to $1.1 billion, more to come
Fri,26 Aug 2011 04:19 PM PDT
Reuters - NEW YORK (Reuters) - Hurricane Irene caused as much as $1.1 billion in insured losses in the Caribbean, catastrophe modeling company AIR Worldwide said on Friday, with more expected to come as the storm heads for the U.S. Northeast. Full Story
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Japan PM to resign, successor race hard to call
Fri,26 Aug 2011 03:58 AM PDT
Reuters -

photoTOKYO (Reuters) - The race to pick Japan's sixth leader in five years appeared on Friday to be shaping up as a battle between the most popular contender and a rival backed by a party powerbroker, although with five candidates in play, the outcome was hard to call.


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NYC orders mandatory evacuation for low-lying areas
Fri,26 Aug 2011 11:07 AM PDT
Reuters -

photoNEW YORK (Reuters) - Authorities in New York City ordered mandatory evacuation of all low-lying areas before Hurricane Irene hits, Mayor Michael Bloomberg said on Friday.


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Libyan rebels to seek U.N. seat next month
Fri,26 Aug 2011 04:53 AM PDT
Reuters -

photoISTANBUL (Reuters) - The Libyan rebel political leader said on Friday the transitional government-in-waiting will seek a seat at the United Nations next month following the apparent overthrow of Muammar Gaddafi this week.


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Obama says Hurricane Irene "extremely dangerous"
Fri,26 Aug 2011 09:09 AM PDT
Reuters -

photoCHILMARK, Massachusetts (Reuters) - President Barack Obama on Friday warned Americans to take Hurricane Irene seriously and urged them to obey orders to evacuate from the path of what is likely to be an "extremely dangerous and costly" storm.


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Market sentiment weakened before U.S downgrade: S&P
Thu,25 Aug 2011 11:45 PM PDT
Reuters -

photoSINGAPORE (Reuters) - The top official behind Standard & Poor's downgrade of the United States said on Friday it was not to blame for August's stock market rout, and warned that developed nations still needed to "get their act together" to tackle their mountains of debt.


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