Today's Yahoo! News - Latest News & Headlines:
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US student says he was beaten after Cairo arrest
Sun,27 Nov 2011 08:04 PM PST
AP -  Forced to lie still for hours in the dark, the American students held during protests in Egypt were told they would be shot if they moved or made any noise, one of them said Sunday on his first full day home.
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Gingrich wins NH backing as Romney plugs along
Sun,27 Nov 2011 07:54 PM PST
AP -  Republican presidential hopeful Newt Gingrich landed the endorsement of New Hampshire's largest newspaper on Sunday while rival Mitt Romney earned a dismissive wave, potentially resetting the race in the state with the first-in-the-nation primary.
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Occupy LA deadline comes, many say they won't go
Sun,27 Nov 2011 08:14 PM PST
AP -  Hundreds of Occupy Los Angeles protesters showed no sign they planned to move Sunday ahead of a city-imposed midnight deadline to abandon their encampment, saying they would instead hold an "eviction block party."
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Deadline passes for Occupy Philly to dismantle
Sun,27 Nov 2011 09:16 PM PST
AP -  A deadline set by the city for Occupy Philadelphia to leave the site where it has camped for some two months passed without scuffles or arrests Sunday as police watched and protesters sang and spoke of their dreams — while some prepared for the possibility of arrest.
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New Mass translation launches in American parishes
Sun,27 Nov 2011 02:04 PM PST
AP -  English-speaking Roman Catholics who have regularly attended Mass for years found themselves in an unfamiliar position Sunday, needing printed cards or sheets of paper to follow along with a ritual many have known since childhood.
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Steelers defense holds on for 13-9 win over Chiefs
Sun,27 Nov 2011 09:33 PM PST
AP -  Ben Roethlisberger joked that the broken thumb on his throwing hand was "still attached" Sunday night. Steelers coach Mike Tomlin thought the injury was a non-issue, and perhaps it was given the way the former Pro Bowl quarterback played.
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Euro area crisis threatens EU sovereign ratings: Moody's
Sun,27 Nov 2011 10:27 PM PST
Reuters -  (Reuters) - Moody's Investors Service warned on Monday the rapid escalation of the euro zone sovereign and banking crisis threatens the credit standing of all European government bond ratings. "While Moody's central scenario remains that the euro area will be preserved without further widespread defaults, even this 'positive' scenario carries very negative rating implications in the interim period," the agency said in a report. ...
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Pakistan fumes amid conflicting accounts of NATO attack
Sun,27 Nov 2011 11:05 PM PST
Reuters -  ISLAMABAD (Reuters) - Pakistan's military denied reports that NATO forces in Afghanistan came under fire before launching a cross-border attack that killed 24 Pakistani soldiers over the weekend. "This is not true. They are making up excuses. What are their losses, casualties?" army spokesman Major-General Athar Abbas said in a mobile phone text message on Monday. Tensions are running high at a time when deep cooperation is needed between the NATO mission and Pakistan to stabilize Afghanistan as the United States tries to wind up the war there. ...
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Voters queue in Egypt's first post-Mubarak election
Sun,27 Nov 2011 10:41 PM PST
Reuters -  CAIRO (Reuters) - Egyptians queued up to vote Monday in the first big test of a transition born in popular revolutionary euphoria that soured into distrust of the generals who replaced their master, Hosni Mubarak. In the nine months since a revolt ended the ex-president's 30-year rule, political change in Egypt has faltered, with the military apparently more focused on preserving its power and privilege than on fostering any democratic transformation. ...
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Obama to press EU leaders over debt crisis
Sun,27 Nov 2011 10:23 PM PST
Reuters -  WASHINGTON (Reuters) - President Barack Obama will press European Union officials on Monday to reach a definitive solution to their sovereign debt crisis which is emerging as a major 2012 U.S. election worry. As Germany and France scramble to tighten budget controls across the euro zone, European Council President Herman Van Rompuy and European Commission President Jose Manuel Barroso will face tough questions from Obama at the White House on how much longer the crisis might go on. ...
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Insight: Euro zone staring into the abyss, waiting for ECB
Sun,27 Nov 2011 10:57 PM PST
Reuters -  BRUSSELS (Reuters) - The euro zone is staring into the abyss. Unless European leaders agree on a political remedy for their sovereign debt crisis at a December 9 summit, and the European Central Bank then intervenes massively to support government bonds and European banks, the euro may start to unravel. ...
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Best Buy a winner as holiday weekend sales surge
Sun,27 Nov 2011 08:21 PM PST
Reuters -  NEW YORK (Reuters) - U.S. retailers racked up a record $52.4 billion in sales over the Thanksgiving weekend, a 16.4 percent jump from a year ago, as early hours and attractive promotions brought out more shoppers, an industry trade group said on Sunday. Among the early winners after the traditional start of the holiday shopping season was Best Buy Co Inc, a reversal from 2010 when the electronics retailer's erroneous bet on 3D televisions led to a disappointing season. ...
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Arab sanctions tighten noose on Syria's Assad
Sun,27 Nov 2011 06:51 PM PST
Reuters -  AMMAN (Reuters) - The Arab League approved unprecedented economic sanctions against Syria, isolating President Bashar al-Assad's government over its eight-month crackdown on protests against his rule. Britain said the sanctions could help enlist support at the United Nations for action against Damascus, which launched the crackdown against protesters calling for Assad's removal soon after the uprising began eight months ago. The United Nations says Syrian security forces have killed more than 3,500 people in the crackdown. ...
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Germany, France examine radical push for eurozone integration
Sun,27 Nov 2011 05:39 PM PST
Reuters -  BRUSSELS (Reuters) - Germany and France are exploring radical methods of securing deeper and more rapid fiscal integration among euro zone countries, aware that getting broad backing for the necessary treaty changes may not be possible, officials say. Germany's original plan was to try to secure agreement among all 27 EU countries for a limited treaty change by the end of 2012, making it possible to impose much tighter budget controls over the 17 euro zone countries -- a way of shoring up the region's defenses against the debt crisis. ...
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China kicks off yuan trading vs Aussie, Canadian dollar
Sun,27 Nov 2011 08:30 PM PST
Reuters -  SHANGHAI (Reuters) - China's yuan started trading against the Australian dollar and Canadian dollar in the country's onshore foreign exchange market on Monday, the latest currency pairs to be introduced as part of Beijing's efforts to promote the use of its currency. Beijing's wants to expand the use of the yuan for trade and investment, as a way of reducing reliance on the dollar and thereby simplifying the settlement of trade in everything from energy to manufactured goods. ...
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Struggling to stay above water
Sun,27 Nov 2011 03:17 PM PST
Reuters -  WASHINGTON (Reuters) - The world economy is on a slippery slope. The euro zone appears to have tipped into a mild recession and the rest of the global economy is struggling to hold onto firm ground. China is slowing, Japan's exports are tumbling. Eastern European countries are wobbling as credit dries up from a pullback in lending by euro-zone banks. In the United States, the improving economic picture has clouded somewhat after a mixed batch of economic data and downward revision to third-quarter growth to 2.0 percent doused some of the optimism for a strong fourth quarter. ...
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Last chance to save Kyoto deal at climate talks
Sun,27 Nov 2011 03:35 PM PST
Reuters -  DURBAN (Reuters) - Countries will make a last ditch effort to save a dying Kyoto Protocol at global climate talks starting on Monday aimed at cutting the greenhouse gas emissions blamed by scientists for rising sea levels, intense storms and crop failures. Kyoto, which was adopted in 1997 and entered into force in 2005, commits most developed states to binding emissions targets. The talks are the last chance to set another round of targets before the first commitment period ends in 2012. ...
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Italy's Monti in austerity race as IMF role eyed
Sun,27 Nov 2011 03:27 PM PST
Reuters -  ROME (Reuters) - Prime Minister Mario Monti faces a testing week seeking to shore up Italy's strained public finances, with an IMF mission expected in Rome and market pressure building to a point where outside help may be needed to stem a full-scale debt emergency. Monti is expected to unveil measures on December 5 that could include a revamped housing tax, a rise in sales tax and accelerated increases in the pension age. But pressure from the markets could force him to act more quickly. ...
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Rage grips Pakistan over NATO attack
Sun,27 Nov 2011 02:03 PM PST
Reuters -  ISLAMABAD/KABUL (Reuters) - Fury spread in Pakistan Sunday over a NATO cross-border air attack that killed 24 Pakistani soldiers and could undermine the U.S. effort to wind up the war in Afghanistan. Sunday night in Pakistan, more than 40 hours after the incident, many questions remained. NATO described the killings as a "tragic unintended incident" and said an investigation was underway. A Western official and an Afghan security official who requested anonymity said NATO troops were responding to fire from across the border. ...
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Protests against military rule cloud Egypt election
Sun,27 Nov 2011 10:15 PM PST
Reuters -  CAIRO (Reuters) - Protesters rallied again in Cairo on Sunday to try to evict Egypt's ruling generals, in a trial of strength that has muddied the run-up to Egypt's first vote since a popular revolt deposed former leader Hosni Mubarak. The parliamentary election that gets under way on Monday and Tuesday is the first step in a transfer to civilian rule, promised by the ruling army council that replaced Mubarak. ...
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Protests against military rule cloud Egypt election
Sun,27 Nov 2011 10:59 AM PST
Reuters -  CAIRO (Reuters) - Protesters rallied again in Cairo on Sunday to try to evict Egypt's ruling generals, in a trial of strength that has muddied the run-up to Egypt's first vote since a popular revolt deposed former leader Hosni Mubarak. The parliamentary election that gets under way on Monday and Tuesday is the first step in a transfer to civilian rule, promised by the ruling army council that replaced Mubarak. ...
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