Wednesday, December 28, 2011

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

Daily News Alert
Yahoo! Alerts Yahoo! News | My Alerts | Edit Alert
Wednesday, December 28, 2011 12:48 AM PST
Today's Politics - Bloomberg News Headlines - Yahoo! News:
In South Korea, some praise North's departed "Dear Leader"
Tue,27 Dec 2011 10:47 PM PST
Reuters - SEOUL (Reuters) - Despite growth that has propelled South Korea to become the world's 13th largest economy, a powerhouse that makes computers, mobile telephones and cars, there are some in the capital of Seoul who believe life is better in the impoverished North. As the world watched Wednesday's funeral of dictator Kim Jong-il, who presided over famine, a nuclear arms push and military skirmishes with the South, Choi Dong Jin, 48, told Reuters that Kim was "a great and outstanding person" for resisting U.S. imperialism. ... Full Story
Top

Snow and tears mark funeral for North Korean leader
Tue,27 Dec 2011 10:30 PM PST
Reuters -

photoSEOUL (Reuters) - North Korea's military staged a huge funeral procession in the snowy streets of the capital, Pyongyang, on Wednesday for its deceased "dear leader," Kim Jong-il, readying a transition to his son, Kim Jong-un. Pictures from state television showed a funeral cortege led by a limousine carrying a huge picture of the 69-year old, who died on December 17, passing serried ranks of olive green-clad soldiers whose bare heads were bowed in homage in the main square of the capital. ...


Full Story
Top

IMF says expects January talks with Egypt
Tue,27 Dec 2011 10:08 PM PST
Reuters -

photoCAIRO (Reuters) - The International Monetary Fund (IMF) said on Tuesday it planned to meet with Egyptian authorities to discuss the country's economic problems but added that any funding would have to be based on benchmarks that had broad political support. Egypt, whose economy has been hammered by the uprising that unseated Hosni Mubarak in February, turned down a $3 billion IMF facility in June, but ministers have indicated the country may now be prepared to return to the negotiating table. ...


Full Story
Top

Egypt court ends virginity tests on female detainees
Tue,27 Dec 2011 09:56 PM PST
Reuters -

photoCAIRO (Reuters) - An Egyptian civilian court ordered the army on Tuesday to end forced virginity tests on female detainees in military prisons, and the woman who won the legal victory urged other victims to press charges against the army. Activists said the verdict was a victory for civilian courts over generals who took charge when Hosni Mubarak was ousted from power by a popular revolt in February. The ruling also adds pressure on the army to hold to account troops who have been rebuked by Egyptians and major aid donor the United States over the treatment of women during protests. ...


Full Story
Top

"Great successor" poised to take over North Korea
Tue,27 Dec 2011 09:55 PM PST
Reuters -

photoSEOUL (Reuters) - Young and untested, Kim Jong-un has all but taken over North Korea's leadership, with state media calling him "supreme commander" and "leader of the state, army and party" well before his late father was borne through the streets of Pyongyang in a state funeral on Wednesday. Kim, believed to be about 27 years old, walked alongside a limousine carrying his father's coffin, as it set out on a funeral procession amid snowflurries. ...


Full Story
Top

Egypt Islamist party says wants to boost tourism
Tue,27 Dec 2011 09:53 PM PST
Reuters - CAIRO (Reuters) - The Muslim Brotherhood's party, leading in a parliamentary election, wants to boost tourist numbers to Egypt and will not take steps that would harm the industry, a party official told a rally in the Red Sea resort of Sharm el-Sheikh. The strong showing by Islamsists in Egypt's staggered parliamentary poll has aroused fears among liberals and others in Egypt that it could lead to rules that would ban alcohol sales and outlaw mixed bathing in popular resorts. ... Full Story
Top

Egypt detains man over gas pipeline blasts: agency
Tue,27 Dec 2011 09:51 PM PST
Reuters - CAIRO (Reuters) - Security personnel have arrested a 20-year-old Egyptian man on suspicion of involvement in some of the 10 attacks this year on an Egyptian pipeline that carries gas to Israel and Jordan, state news agency MENA reported on Tuesday. All but one of the attacks on the pipeline have taken place since the uprising that overthrew President Hosni Mubarak in February. The pipeline has been struck at locations near the North Sinai coastal city of al-Arish. ... Full Story
Top

N.Korea closer to nuclear-tipped missile: U.S. expert
Tue,27 Dec 2011 09:31 PM PST
Reuters - WASHINGTON (Reuters) - North Korea likely is closer to mounting nuclear warheads on its ballistic missiles than generally reported, possibly only one or two years away, the Congress's former top expert on the issue has concluded. Larry Niksch, who tracked North Korea for the nonpartisan Congressional Research Service for 43 years, concludes in a new paper that the North probably would need as little as one to two years to miniaturize and mount a nuclear warhead atop its medium-range Nodong missile once it has produced enough highly enriched uranium as the warhead's core fuel. ... Full Story
Top

Perry sues to get on Virginia 2012 ballot
Tue,27 Dec 2011 08:57 PM PST
Reuters -

photoWASHINGTON (Reuters) - Texas Governor Rick Perry filed a federal lawsuit on Tuesday seeking to get on Virginia's 2012 primary election ballot after failing to qualify by last week's deadline. The Republican presidential candidate failed to get the 10,000 verifiable signatures, including at least 400 qualified voters from each congressional district, required to be in the March 6 primary. Perry is challenging the state's qualification process on constitutional grounds, saying it restricts the access of Virginia voters to the candidates of their choosing. ...


Full Story
Top

Argentine president diagnosed with thyroid cancer
Tue,27 Dec 2011 06:52 PM PST
Reuters -

photoBUENOS AIRES (Reuters) - Argentine President Cristina Fernandez has thyroid cancer and will undergo surgery next month, her government said on Tuesday, adding that the cancerous cells had not spread. Fernandez, 58, was easily elected to a second four-year term in October, vowing to deepen her unorthodox policies despite complaints from business leaders who say her heavy-handed management of the economy is stifling investment. Fernandez was diagnosed with a papillary carcinoma that has not metastasized, said her spokesman, Alfredo Scoccimarro. ...


Full Story
Top

U.S. says China not currency manipulator; chides Japan
Tue,27 Dec 2011 06:50 PM PST
Reuters -

photoWASHINGTON (Reuters) - The U.S. Treasury again shied away from labeling China a currency manipulator on Tuesday, but it rapped the country for not moving quickly enough on exchange rate reforms. The United States also chided Japan for stepping into the currency market to stem the yen's rise, and urged South Korea to use such interventions sparingly. Some U.S. politicians have argued that China has gained an unfair competitive edge in global markets by keeping the yuan artificially low to boost exports, and pressure has mounted in Congress for President Barack Obama to punish China. ...


Full Story
Top

Street fights in Yemen as U.S. considers letting in Saleh
Tue,27 Dec 2011 06:14 PM PST
Reuters -

photoSANAA (Reuters) - Foes and backers of a plan to ease Yemen's president out of power fought each other with stones and clubs on Tuesday, deepening the country's chaos as Washington considered a request from the leader to fly to the United States. Youth activists, who have led months of protests against President Ali Abdullah Saleh's 33-year rule, were split on whether he should leave the country - saying it might ease the conflict but could also let him escape justice. ...


Full Story
Top

Democrat Nelson to retire from Senate
Tue,27 Dec 2011 05:18 PM PST
Reuters -

photoWASHINGTON (Reuters) - Democratic Senator Ben Nelson said on Tuesday that he will retire next year, dealing a significant blow to his party's hopes of keeping control of the Senate after the November 2012 elections. Nelson, a former Nebraska governor, said he felt it was time for him to leave elective office and seek new ways to serve his state and his country. "I'm announcing today that I will not seek re-election. Simply put, it's time to move on," Nelson, 70, said in a video statement. ...


Full Story
Top

Romney kicks off Iowa home stretch targeting Obama
Tue,27 Dec 2011 04:50 PM PST
Reuters -

photoDavenport, Iowa (Reuters) - Republican presidential candidate Mitt Romney kicked off the last week before the Iowa caucuses warning that November's presidential contest will be "an election to save the soul of America." Romney, back in Iowa, assumed a frontrunner posture as his main rivals were mired in their own controversies. Looking to score a surprise win in Iowa and a boost toward the Republican nomination, Romney launched a multi-city bus tour here on Tuesday with President Barack Obama in his sights and his Republican rivals in his rearview mirror. ...


Full Story
Top

Mass anti-Assad protest in Homs as monitors visit
Tue,27 Dec 2011 04:40 PM PST
Reuters -

photoBEIRUT (Reuters) - Tens of thousands of Syrians have taken to the streets in the flashpoint city of Homs to rally against President Bashar al-Assad and plead for newly-arrived Arab peace monitors to bear witness to their plight. About 70,000 protesters marched towards the city centre on Tuesday where security forces fired at them and lobbed teargas, activists said. The military withdrew some tanks, in what the activists called a ploy to persuade the monitors that the city was calm. Footage on the Internet showed monitors confronted by residents as gunfire crackled around them. ...


Full Story
Top

Third infant infected as U.S. probes baby formula
Tue,27 Dec 2011 04:34 PM PST
Reuters - WASHINGTON (Reuters) - A third infant in the United States has tested positive for the infection that led to the death of one infant, sickened another and spurred a probe of baby formula, including Enfamil by Mead Johnson Nutrition Co. A baby in Oklahoma tested positive for Cronobacter, a bacteria that has sometimes been linked to rare illnesses in newborns and has been found in milk-based powdered baby formula, Barbara Reynolds, a spokeswoman for the Centers for Disease Control and Prevention said on Tuesday. ... Full Story
Top

No snow? For cash-strapped cities, a gift from heavens
Tue,27 Dec 2011 04:29 PM PST
Reuters - WASHINGTON (Reuters) - By Brendan O'Brien and Karen Matz MILWAUKEE, Dec 27 (Reuters) - Snowfall well below normal in the Midwest and much of the country this winter has given cash-strapped municipalities some unexpected good news. In Milwaukee, where the city spent $1.9 million clearing snow and ice in the final three months of 2010 and $2.4 million a year before that, the public works department has spent only $405,000 in snow cleanup during the fourth quarter of 2011. ... Full Story
Top

Third infant infected as U.S. probes baby formula
Tue,27 Dec 2011 03:57 PM PST
Reuters - WASHINGTON (Reuters) - A third infant in the United States has tested positive for the infection that led to a death of one baby, sickened another and spurred a probe of baby formula. A baby in Oklahoma tested positive for Cronobacter, a bacteria that has sometimes been linked to rare illnesses in newborns and has been found in milk-based powdered baby formula, said Barbara Reynolds, a spokeswoman for the Centers for Disease Control and Prevention. The baby had not consumed Mead Johnson Nutrition Co's Enfamil formula, according to Leslea Bennett-Webb of the Oklahoma Department of Health. ... Full Story
Top

Activists alarmed over Syria mission's Sudanese head
Tue,27 Dec 2011 03:52 PM PST
Reuters - LONDON (Reuters) - The choice of a Sudanese general to head an Arab League mission in Syria has alarmed activists, who say Sudan's own defiance of a war crimes tribunal means the monitors are unlikely to recommend strong action against Syria's Bashar al-Assad. The Arab League says Lieutenant-General Mustafa al-Dabi brings vital military and diplomatic expertise to its unprecedented mission to verify that Assad is complying with a deal to end Syria's crackdown on protesters. ... Full Story
Top

Mass anti-Assad protest in Homs as monitors visit
Tue,27 Dec 2011 03:52 PM PST
Reuters -

photoBEIRUT (Reuters) - Tens of thousands of Syrians in Homs rallied on Tuesday against President Bashar al-Assad, emboldened by Arab peace monitors' first tour of the flashpoint city, after the army withdrew some tanks following days of unrest. Some 70,000 protesters marched towards the city centre where security forces fired at them and lobbed teargas, activists said. ...


Full Story
Top

Putin ejects Kremlin "puppet master" after protests
Tue,27 Dec 2011 03:48 PM PST
Reuters -

photoMOSCOW (Reuters) - The architect of Vladimir Putin's tightly controlled political system became one of its most senior victims on Tuesday when he was shunted out of the Kremlin in the wake of the biggest opposition protests of Putin's 12-year rule. The sacrifice of Vladislav Surkov, branded the Kremlin's 'puppet master' by enemies and friends alike, is also a rare admission of failure for Russia's 'alpha dog' leader: Surkov's system was Putin's system. ...


Full Story
Top

Iran threatens to stop Gulf oil if sanctions widened
Tue,27 Dec 2011 03:47 PM PST
Reuters -

photoTEHRAN (Reuters) - Iran threatened on Tuesday to stop the flow of oil through the Strait of Hormuz if foreign sanctions were imposed on its crude exports over its nuclear ambitions, a move that could trigger military conflict with economies dependent on Gulf oil. Western tensions with Iran have increased since a November 8 report by the U.N. nuclear watchdog saying Tehran appears to have worked on designing an atomic bomb and may still be pursuing research to that end. Iran strongly denies this and says it is developing nuclear energy for peaceful purposes. ...


Full Story
Top

Factbox: Strait of Hormuz
Tue,27 Dec 2011 03:47 PM PST
Reuters - (Reuters) - Mohammad Reza Rahimi, Iran's first vice president, said on Tuesday that the flow of crude will be stopped from the Strait of Hormuz in the Gulf if foreign sanctions are imposed on Tehran's oil exports, IRNA, the country's official news agency reported. About half of the world's oil is shipped by sea and most of it passes through one of three narrow shipping lanes, two of them in the Middle East. As a result, even brief blockages could cause price spikes that threaten global economic growth. ... Full Story
Top

More trouble for Gingrich as Iowa campaign quickens
Tue,27 Dec 2011 03:47 PM PST
Reuters -

photoDES MOINES, Iowa (Reuters) - Republican presidential candidate Newt Gingrich's campaign struggled to fend off more bad news on Tuesday after he was quoted supporting main rival Mitt Romney's healthcare reform in Massachusetts. Gingrich, a former speaker of the House of Representatives, has seen his poll numbers drop in the early-voting state of Iowa under a blitz of negative ads accusing him of being an unreliable Washington insider. He tried to regain some of his lost momentum in a pugnacious interview with CNN in which he used some of his strongest language yet to attack his main opponents. ...


Full Story
Top

Obama taps economist, banker as Fed governors
Tue,27 Dec 2011 03:46 PM PST
Reuters -

photoHONOLULU/WASHINGTON (Reuters) - President Barack Obama will nominate Harvard economist Jeremy Stein and Jerome Powell, an investment banker and former Treasury official, to the two empty seats on the Federal Reserve's policy-setting board of governors. The White House's pick of candidates, who have Democratic and Republican credentials respectively, may help speed their nomination through Congress amid a sluggish economic recovery that has failed to put a major dent in the unemployment rate, now at 8.6 percent. ...


Full Story
Top

U.S. again says China not currency manipulator
Tue,27 Dec 2011 03:18 PM PST
Reuters -

photoWASHINGTON (Reuters) - The U.S. Treasury again shied away from labeling China a currency manipulator on Tuesday, but it rapped the country for not moving quickly enough on exchange rate reforms. Some U.S. politicians have argued that China has gained an unfair competitive edge in global markets by keeping the yuan artificially low to boost exports, and pressure has mounted in Congress for President Barack Obama to punish China. But the administration prefers to tread softly and use diplomacy to effect change. The U.S. ...


Full Story
Top

Northern Nigerian Christians warn of religious war
Tue,27 Dec 2011 03:06 PM PST
Reuters -

photoABUJA (Reuters) - Northern Nigerian Christians said on Tuesday they feared that a spate of Christmas Day bombings by Islamist militants that killed over two dozen people could lead to a religious war in Africa's most populous country. The warning was made in a statement by the northern branch of the Christian Association of Nigeria (CAN), an umbrella organization comprising various denominations including Catholics, Protestant and Pentecostal churches. ...


Full Story
Top

Democrat Nelson to retire from Senate
Tue,27 Dec 2011 02:51 PM PST
Reuters -

photoWASHINGTON (Reuters) - Democratic Senator Ben Nelson said on Tuesday he will retire next year, dealing a significant blow to his party's hopes of keeping control of the Senate in the November 2012 election. Nelson's decision not to seek re-election puts his seat in heavily Republican Nebraska up for grabs, boosting Republicans' hopes of wresting control of the chamber from Democrats. Republicans already have a majority in the House of Representatives, where they have heavily resisted many of President Barack Obama's spending plans over concerns about a build-up of U.S. deficits and debt ...


Full Story
Top

Viacom challenges final payment to Harmonix
Tue,27 Dec 2011 02:51 PM PST
Reuters - (Reuters) - Viacom Inc said it has challenged the final payout due to former shareholders of music-based games developer Harmonix Music Systems, which it had acquired in 2006. A private dispute resolution process on December 19 determined that Viacom, the company behind MTV and Paramount Pictures, owed an additional $383 million as compared to the $700 million sought by the former shareholders. ... Full Story
Top

U.S. citizen goes on trial in Iran on spying charges
Tue,27 Dec 2011 02:18 PM PST
Reuters - TEHRAN (Reuters) - An American man of Iranian descent, accused by Iran of spying for the U.S. Central Intelligence Agency, went on trial in Tehran on Tuesday, the semi-official Fars news agency reported. Iranian authorities announced Amir Mirza Hekmati's arrest earlier this month. State television has shown a taped interview with him in which Hekmati said he was a CIA agent. "In the indictment (read in court), Hekmati was charged with cooperating with the hostile government of America as well as spying for the CIA," Fars reported. ... Full Story
Top

Factbox: Past winners of Iowa caucuses
Tue,27 Dec 2011 02:11 PM PST
Reuters - (Reuters) - As the first state to cast a vote in the nominating process for U.S. presidential candidates, Iowa is famed for having an outsized influence on the contest for the White House. But how often does the winner of the caucuses in the Midwestern state actually end up going on to become a party nominee or president? Since 1976, there have been seven contested caucuses in the Republican Party. Of those contests, three winners have become the party's nominee. Since 1972, there have been nine contested caucuses in the Democratic Party. ... Full Story
Top

Michigan governor names team to review Detroit finances
Tue,27 Dec 2011 02:08 PM PST
Reuters -

photo(Reuters) - Michigan's governor on Tuesday appointed a team to review Detroit's finances, a move that could end in a possible state takeover of the city as it struggles with a shrinking auto industry and falling revenues. The team was named by Governor Rick Snyder after a preliminary review of city finances showed "probable financial stress" after Detroit was unable to tackle its mounting deficits, the governor's office said Tuesday. The team, which includes State Treasurer Andy Dillon and other local officials, has 60 days to complete its work. The formal review was announced last week. ...


Full Story
Top

Israel kills al Qaeda-linked militant in Gaza strike
Tue,27 Dec 2011 01:56 PM PST
Reuters -

photoGAZA (Reuters) - Israel killed an al Qaeda-affiliated militant in the Gaza Strip on Tuesday, accusing him of involvement in planning to launch attacks on the Jewish state from neighboring Egypt. The missile, apparently from an aircraft, that killed Abdallah Telbani and wounded two other men in a motorized rickshaw was followed by a separate strike on a jeep elsewhere in Gaza City. The second vehicle's three occupants were injured, Palestinian hospital officials and witnesses said. ...


Full Story
Top

For Iowa, campaign brings more attention than money
Tue,27 Dec 2011 01:41 PM PST
Reuters -

photoDES MOINES (Reuters) - Late on a recent Wednesday afternoon, Rick Perry walked into De Brito Baking Bistro in Mount Pleasant, Iowa, looking for its owner. "Thank you, sir, for allowing us to come into your little bistro," the Texas governor and Republican presidential candidate said to his host, Jose Moreira. "I hope we generated a little business for you. One of our goals is to create jobs and in turn to create wealth and ... get the American economy moving again." However much the January 3 Iowa caucuses boost the state's economy, Perry is certainly doing his part. ...


Full Story
Top

Street fights hit Yemen as U.S. mulls letting in Saleh
Tue,27 Dec 2011 01:40 PM PST
Reuters -

photoSANAA (Reuters) - Foes and backers of a plan to ease Yemen's president out of power fought each other with stones and clubs on Tuesday, deepening the country's chaos as Washington said it was considering a request from the leader to fly to the United States. Youth activists, who have led months of protests against President Ali Abdullah Saleh's 33-year rule, were split on him leaving the country - saying it might ease the conflict but could also let him escape justice. ...


Full Story
Top

Analysis: Green groups find success fighting shale oil boom
Tue,27 Dec 2011 12:49 PM PST
Reuters - WASHINGTON (Reuters) - A resurgent green movement is launching a multi-pronged counter-attack against the shale oil and gas boom in the United States that could slow, though ultimately not stop, development. Building upon their unexpected success in the battle against the Keystone XL pipeline, a renewed onslaught from environmentalists is putting the shale industry on the defensive while adding to costs, limiting expansion and potentially scuttling major projects. ... Full Story
Top

Tensions simmer as Iraqi leaders try resolve crisis
Tue,27 Dec 2011 12:31 PM PST
Reuters -

photoBAGHDAD (Reuters) - Iraq's courts should decide the charges against a vice president accused of running death squads, Iraq's Kurdish president and the Sunni speaker of parliament said on Tuesday in a bid to defuse the country's worst political crisis in a year. President Jalal Talabani and speaker Osama al-Nujaifi also agreed to organize a national conference for all political blocs to ease tensions that have raised fears of a return to sectarian conflict after the last U.S. troops left nine days ago. ...


Full Story
Top

Syrian security kill three Lebanese in border area - sources
Tue,27 Dec 2011 12:19 PM PST
Reuters - BEIRUT (Reuters) - Syrian security forces killed three Lebanese on Tuesday in a border area of north Lebanon, Lebanese security sources said. "They are believed to be smugglers, this area is known to be a smuggling area," one security source said. The men were shot in the border town of Buqaya, which is on a route that leads to the protest hotbed of Homs. Syria is facing a nine-month revolt against the 11-year rule of President Bashar al-Assad. Syria accuses neighboring countries of not clamping down on smuggling which they is passing on arms to rebels fighting its security forces. ... Full Story
Top

Egypt court ends virginity tests on female detainees
Tue,27 Dec 2011 12:06 PM PST
Reuters - CAIRO (Reuters) - The Egyptian woman who brought a case against Egypt's army for conducting "virginity tests" on her and others hailed a court ruling on Tuesday ordering the military to stop such actions. Activists say the verdict is a victory for civilian courts over generals who took charge when Hosni Mubarak was ousted in February and adds pressure on the army to hold to account troops who have been rebuked by Egyptians and major aid donor the United States over the treatment of women during protests. "I am very happy. ... Full Story
Top

IMF says expects January talks with Egypt
Tue,27 Dec 2011 11:59 AM PST
Reuters - CAIRO (Reuters) - The International Monetary Fund (IMF) said on Tuesday it planned to meet with Egyptian authorities to discuss the country's economic problems but added that any funding would have to be based on benchmarks that had broad political support. Egypt, whose economy has been hammered by the uprising that unseated Hosni Mubarak in February, turned down a $3 billion IMF facility in June, but ministers have indicated the country may now be prepared to return to the negotiating table. ... Full Story
Top



You received this email because you subscribed to Yahoo! Alerts. Use this link to unsubscribe from this alert. To change your communications preferences for other Yahoo! business lines, please visit your Marketing Preferences. To learn more about Yahoo!'s use of personal information, including the use of web beacons in HTML-based email, please read our Privacy Policy. Yahoo! is located at 701 First Avenue, Sunnyvale, CA 94089.
\"\"

No comments:

Post a Comment