Saturday, September 29, 2012

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Saturday, September 29, 2012 4:03 AM PDT
Today's Reuters News Headlines - Yahoo! News:
Obama, Netanyahu seek to get past Iran differences
Fri,28 Sep 2012 08:42 PM PDT
Reuters -

U.S. President Barack Obama addresses the 67th United Nations General Assembly at the U.N. headquarters in New YorkWASHINGTON (Reuters) - President Barack Obama and Israeli Prime Minister Benjamin Netanyahu presented a show of unity on Friday on preventing a nuclear-armed Iran, seeking to tone down the acrimony between the two leaders that has become an issue in the final stretch of the U.S. presidential race. Obama, widely seen as having snubbed Netanyahu by not meeting face to face with him during his U.S. visit, spoke instead by phone to the Israeli prime minister amid signs of movement toward a truce in their war of words over how to confront Tehran. Netanyahu used his U.N. ...


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Anti-Islam filmmaker held at Los Angeles federal jail
Fri,28 Sep 2012 06:35 PM PDT
Reuters -

Nakoula Basseley Nakoula is escorted out of his home by Los Angeles County Sheriff's officers in Cerritos, CaliforniaLOS ANGELES (Reuters) - The California man behind an anti-Islam film that stoked violent protests across the Muslim world was being held at a federal high-rise jail in downtown Los Angeles on Friday over possible probation violations, a prison official said. Federal officials, citing safety concerns, were tight-lipped about the conditions of Nakoula Basseley Nakoula's confinement, including whether he was being held with the general population or was isolated from other inmates. ...


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China seeks to discredit Bo, supporters cry foul
Fri,28 Sep 2012 10:13 PM PDT
Reuters -

File photo of China's former Chongqing Municipality Communist Party Secretary Bo looking on during a meeting at China's parliament in BeijingBEIJING (Reuters) - The Chinese government pressed ahead on Saturday with an effort to discredit fallen politician Bo Xilai, drawing an outcry from leftist supporters of the former leadership contender in a sign of the rifts that his prosecution could inflame. ...


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CVR Wynnewood, Oklahoma refinery boiler blast kills worker
Fri,28 Sep 2012 11:03 PM PDT
Reuters - HOUSTON (Reuters) - One worker was killed in a boiler explosion on Friday at CVR Energy Inc.'s 70,000 barrel per day (bpd) Wynnewood, Oklahoma, refinery, a company spokeswoman said in a statement. Another refinery employee was taken to an Oklahoma City hospital, according to Garvin County Sheriff Larry Rhodes. There was no fire following the blast, which occurred at about 6:20 p.m. local time (1120 GMT) because the refinery was shut down for a 40-day overhaul, Rhodes said. "There was no threat to Wynnewood or the surrounding communities," Rhodes said. ... Full Story
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U.S. immigration to treat same-sex partners as relatives
Fri,28 Sep 2012 08:43 PM PDT
Reuters - SAN FRANCISCO (Reuters) - The Obama administration has directed immigration officials to recognize same-sex partners as family members in deportation cases, House Minority Leader Nancy Pelosi said on Friday. Homeland Security Secretary Janet Napolitano told Pelosi in a letter that she had ordered U.S. Immigration and Customs Enforcement to notify its field offices "that the interpretation of the phrase 'family relationships' includes long-term, same-sex partners." Pelosi welcomed the federal recognition of gay and lesbian couples. ... Full Story
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Cuban Jewish leader says Alan Gross fit, in good spirits
Fri,28 Sep 2012 09:20 PM PDT
Reuters -

Jailed USAID contractor Gross poses for picture during a visit at Havana's Carlos J Finlay Military HospitalHAVANA (Reuters) - A Cuban Jewish leader said U.S. contractor Alan Gross looked fit and in good spirits when she visited him at the military hospital where he is serving a 15-year prison sentence for crimes against the state. Adela Dworin, president of the Hebrew Community of Cuba, told Reuters that Gross, 63, was "very depressed" when she last saw him in May, but this time was smiling and more hopeful about the future. Her description of Gross conflicted with that given by his wife, Judy Gross, who said after a recent visit she was "devastated" by his appearance. ...


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Republicans dump voter registration firm after fraud reports
Fri,28 Sep 2012 09:28 PM PDT
Reuters - MIAMI (Reuters) - Election officials in Florida were scouring their records for fraudulent voter registration forms on Friday after the Republican Party said it had fired a company hired to gather new voters because of reports its employees may have submitted bogus forms. The Palm Beach County elections office first reported finding 106 potentially fraudulent registration forms earlier this week that had been submitted by Strategic Allied Consulting (SAC), a Virginia firm hired by Florida's Republican Party. ... Full Story
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U.S. jury convicts Mexico's Gulf Cartel manager in drug case
Fri,28 Sep 2012 08:12 PM PDT
Reuters - McAllen, Texas (Reuters) - A U.S. federal jury on Friday convicted a high-ranking member of Mexico's Gulf Cartel of conspiring to possess and import marijuana and cocaine to the United States, the latest blow to Mexican drug bosses in recent weeks. Juan Roberto Rincon-Rincon, a so-called plaza boss for the cartel, was convicted on all counts in the drug trafficking conspiracy case following a week-long trial in Brownsville, Texas, U.S. Attorney Kenneth Magidson said. ... Full Story
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Trial of Pope Benedict's former butler to start on Saturday
Fri,28 Sep 2012 04:01 PM PDT
Reuters -

File photo of Pope's butler, Paolo Gabriele with Pope Benedict XVI at St. Peter's Square in VaticanVATICAN CITY (Reuters) - Pope Benedict's former butler, Paolo Gabriele, goes on trial on Saturday in one of the most embarrassing episodes in recent Vatican history. The trial of the 46-year-old man who served the pope his meals and helped him dress is due to start at 9:30 a.m. (4.30 p.m. EDT) in the Vatican's little-used tribunal, a small room with rich paneled wood and a papal emblem on its ceiling. ...


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U.S. intelligence now says Benghazi attack "deliberate and organized"
Fri,28 Sep 2012 03:25 PM PDT
Reuters -

A burnt car is parked at the U.S. consulate, which was attacked and set on fire by gunmen yesterday, in BenghaziWASHINGTON (Reuters) - The top U.S. intelligence authority issued an unusual public statement on Friday declaring it now believed the September 11 attack on U.S. diplomatic facilities in Benghazi, Libya, was a "deliberate and organized terrorist attack." The statement by the office of Director of National Intelligence James Clapper acknowledged that it represented a change in the U.S. intelligence assessment of how and why the attack happened. During the attack on two U.S. government compounds in the eastern Libyan city, four U.S. ...


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China takes islands dispute with Japan to pages of U.S. newspapers
Fri,28 Sep 2012 05:45 PM PDT
Reuters -

Chinese marine surveillance cruises next to Japan Coast Guard patrol ships in the East China Sea, known as the Senkaku isles in Japan and Diaoyu islands in China(Reuters) - With world leaders gathered in New York for the United Nations General Assembly, China has taken its dispute with Japan over the ownership of a chain of islands to the ad pages of major American newspapers. China Daily, an organ of the Communist Party and the country's official English-language daily newspaper, took out full-page-spread advertisements on Friday in the New York Times and the Washington Post. The ad's headline asserts "Diaoyu Islands Belong to China" over a color picture of the string of islands in the East China Sea. ...


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China seals Bo's fate ahead of November 8 leadership congress
Fri,28 Sep 2012 09:11 PM PDT
Reuters -

File photo of Bo Xilai during news conference in BeijingBEIJING (Reuters) - China's ruling Communist Party accused disgraced politician Bo Xilai of abusing power, taking huge bribes and other crimes on Friday, sealing the fate of a controversial leader whose fall shook a leadership handover due at a congress from November 8. The once high-flying Bo now faces a criminal investigation that stemmed from a murder scandal, and will almost certainly be jailed. With the Communist Party congress about six weeks away, further steps in the case could come before then, helping pave the way for a transition of power, experts said. ...


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Obama blocks Chinese wind farms in Oregon over security
Fri,28 Sep 2012 04:15 PM PDT
Reuters -

President Obama delivers remarks at a campaign event in WashingtonWASHINGTON (Reuters) - President Barack Obama blocked on Friday a privately owned Chinese company from building wind turbines close to a Navy military site in Oregon due to national security concerns, and the company said it would challenge the action in court. The rare presidential order to divest interests in the wind farms comes as Obama campaigns for a second term against Republican Mitt Romney, who has accused him of being soft on China. ...


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Republicans dump voter registration firm after fraud reports
Fri,28 Sep 2012 02:30 PM PDT
Reuters - MIAMI (Reuters) - Election officials in Florida were scouring their records for fraudulent voter registration forms on Friday after the Republican party said it had fired a company hired to gather new voters because of reports its employees may have submitted bogus forms. The Palm Beach County elections office first reported finding 106 potentially fraudulent registration forms earlier this week that had been submitted by Strategic Allied Consulting (SAC), a Virginia firm hired by Florida's Republican party. ... Full Story
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China seals Bo's fate ahead of November 8 leadership congress
Fri,28 Sep 2012 06:45 AM PDT
Reuters -

File photo of China's former Chongqing Municipality Communist Party Secretary Bo looking on during a meeting at China's parliament in BeijingBEIJING (Reuters) - China's ruling Communist Party accused disgraced politician Bo Xilai of abusing power, taking huge bribes and other crimes on Friday, sealing the fate of a controversial leader whose fall shook a leadership handover due at a congress from November 8. The once high-flying Bo now faces a criminal investigation that stemmed from a murder scandal, and will almost certainly be jailed. With the Communist Party congress about six weeks away, further steps in the case could come before then, helping pave the way for a transition of power, experts said. ...


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Fed's Fisher says U.S. "drowning in unemployment"
Fri,28 Sep 2012 01:00 PM PDT
Reuters -

Fisher, president of Federal Reserve Bank of Dallas, answers question after delivering lecture about financial crisis in CambridgeRICHARDSON, Texas (Reuters) - The United States is "drowning in unemployment," its economy is running at stall speed and inflation is "not a problem," but easier monetary policy is not the answer, one of the Federal Reserve's most hawkish policymakers said on Friday. "We've had a recovery that is quite disappointing," Dallas Fed President Richard Fisher told a group at the University of Texas at Dallas. But without more certainty on tax policy and regulation, he said, "all the monetary accommodation in the world" will not get businesses hiring again. ...


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Syria rebels struggle to advance in Aleppo offensive
Fri,28 Sep 2012 01:53 PM PDT
Reuters -

Demonstrators hold a banner during a protest against Syria's President Bashar al-Assad in KafranbelBEIRUT (Reuters) - Syrian rebels said they were struggling to make headway against a barrage of government jet and artillery attacks in their latest attempt to take control of the country's largest city Aleppo after weeks of deadlock. On the second day of an offensive they had billed as a "decisive battle", rebels also threatened to start fighting local Kurdish militants - a move which would further complicate a war that has already spilled over Syria's borders. ...


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Romney campaigns in Pennsylvania despite state slipping away
Fri,28 Sep 2012 11:16 AM PDT
Reuters -

Republican presidential candidate and former Massachusetts Governor Romney speaks at Valley Forge Military Academy in WaynePHILADELPHIA (Reuters) - Republican candidate Mitt Romney raised money and slammed President Barack Obama's Middle East policy on Friday in a rare campaign appearance in Pennsylvania, a former swing state that he admitted was now difficult for him to win on November 6. Once highly competitive, Pennsylvania has been tilting toward Obama for months and he leads polls by around eight percentage points. Romney's campaign is now fighting to make sure battleground states like Ohio and Virginia do not go the way of Pennsylvania, as Obama opens a lead in national and some state polls. ...


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Obama, Netanyahu seek to get past Iran differences
Fri,28 Sep 2012 04:02 PM PDT
Reuters -

U.S. President Barack Obama addresses the 67th United Nations General Assembly at the U.N. headquarters in New YorkWASHINGTON (Reuters) - President Barack Obama and Israeli Prime Minister Benjamin Netanyahu presented a show of unity on Friday on preventing a nuclear-armed Iran, seeking to tone down the acrimony between the two leaders that has become an issue in the final stretch of the U.S. presidential race. Obama, widely seen as having snubbed Netanyahu by not meeting face to face with him during his U.S. visit, spoke instead by phone to the Israeli prime minister amid signs of movement toward a truce in their war of words over how to confront Tehran. Netanyahu used his U.N. ...


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BofA pays $2.4 billion to settle claims over Merrill
Fri,28 Sep 2012 03:04 PM PDT
Reuters -

A Bank of America Merrill Lynch sign is seen on a building that houses its offices in Singapore(Reuters) - Bank of America Corp agreed on Friday to pay $2.43 billion to settle claims it hid crucial information from shareholders when it bought investment bank Merrill Lynch & Co at the height of the financial crisis. The settlement, among the biggest of its kind to stem from the 2008 meltdown, underscores how Bank of America is still suffering from decisions it made during the crisis, even as competitors are moving on. The second largest U.S. ...


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Pricey gasoline hits U.S. consumers, weighs on growth
Fri,28 Sep 2012 01:31 PM PDT
Reuters -

Shoppers checkout at a Target store in VirginiaWASHINGTON (Reuters) - U.S. households stretched to pay for costlier gasoline on meager income growth in August, undercutting spending on other items and pointing to lackluster economic growth. Other data on Friday showed factory activity in the Midwest contracted this month for the first time in three years. The Commerce Department said consumer spending rose 0.5 percent last month after gaining 0.4 percent in July. The increase was the largest in six months, but it reflected a rise in gasoline costs that pushed inflation up by the most in nearly 1-1/2 years. ...


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Samsung wins reconsideration of Galaxy Tab sales ban
Fri,28 Sep 2012 10:57 AM PDT
Reuters -

An Apple IPhone 4s and Samsung Galaxy S are seen in this illustration photoSAN FRANCISCO (Reuters) - A U.S. appeals court ruled on Friday that a lower court should reconsider a sales ban against Samsung's Galaxy Tab 10.1 won by Apple in a patent dispute with the South Korean electronics maker. The injunction was put in place ahead of a month-long trial that pitted iPhone maker Apple Inc against Samsung Electronics Co Ltd in a closely watched legal battle that ended with a resounding victory for Apple last month on many of its patent violation claims. ...


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Syria rebels say launch "decisive battle" in Aleppo
Fri,28 Sep 2012 02:18 AM PDT
Reuters -

Members of the Free Syrian Army and residents protest against Syria's President Bashar al-Assad after Friday prayers in Sermada, near IdlibBEIRUT (Reuters) - Syrian rebels said they had launched a major attack in Aleppo on Thursday at the start of a "decisive battle" to push President Bashar al-Assad's forces out of the country's biggest city. Heavy fighting was reported in around 14 districts by opposition activists and several rebel brigades, though the scale of the fighting could not be confirmed independently. A video posted on YouTube by rebels showed Abdulqadir al-Saleh, the head of the biggest rebel force in Aleppo, the Tawheed Brigade, carrying a walkie talkie and announcing the start of the assault. ...


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France unveils tough budget, Spain's Rajoy wins time
Fri,28 Sep 2012 10:37 AM PDT
Reuters -

French Prime Minister Ayrault walks to deliver a speech after the weekly cabinet meeting at the Elysee Palace in ParisPARIS/MADRID (Reuters) - France unveiled an austerity budget that would tax business and the super rich, but a report showing Spain's banks needed a manageable 59 billion euros in new funds bought time for Prime Minister Mariano Rajoy as he seeks to avoid a bailout. Socialist President Francois Hollande's 2013 budget amounts to France's toughest belt-tightening for 30 years as the debt crisis takes its toll on the euro zone. The package aims to narrow France's deficit to 3.0 percent of national output next year from 4. ...


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Mosques discourage Libya demos to avert violence
Fri,28 Sep 2012 11:19 AM PDT
Reuters - TRIPOLI (Reuters) - Mosque preachers told Libyans on Friday to call off planned demonstrations against militia groups for fear marches could lead to renewed bloodshed. Despite the discouragement, some 400 anti-militia protesters nonetheless gathered in Tripoli's Algeria Square and marched across to the main Martyr's Square, chanting and clapping. The mufti of Libya, Sadeq al-Gharyani, had said in a statement published by LANA news agency that protests called for Friday should be halted. "I call on the people not to participate in this march so that no blood is spilled," he said. ... Full Story
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Protesters, police clash in Bahrain
Fri,28 Sep 2012 10:30 AM PDT
Reuters -

Anti-government protesters shout slogans as they march on main highway of Jidhafs during protest calling for more reforms and changeABU DHABI (Reuters) - Around one hundred anti-government protesters threw stones and petrol bombs as riot police tried to disperse them with tear gas and stun grenades in Bahrain on Friday, witnesses said, after an earlier demonstration attended by thousands passed peacefully. At least two protesters were injured in the clashes, the witnesses said, which took place after a march near the capital Manama, which had been called for by main opposition bloc al-Wefaq and was authorized by the Bahraini authorities. Bahrain, headquarters of the U.S. ...


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Spain bank audit paves way for state bailout
Fri,28 Sep 2012 12:27 PM PDT
Reuters -

A lottery vendor talks with a customer outside a Spanish Banco Popular branch in MadridMADRID (Reuters) - Spanish banks will need a total of 59.3 billion euros ($76.3 billion) in extra capital to ride out a serious economic downturn, an independent report said on Friday, removing a major obstacle in the way of an international bailout for Madrid. Spain said around 40 billion euros of the total will come as European aid while the rest could be raised by the banks themselves. ...


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Netanyahu's Iran cartoon bomb timed to make big impact
Fri,28 Sep 2012 09:38 AM PDT
Reuters -

Israeli PM Netanyahu draws a red line on a graphic of a bomb as he addresses the 67th United Nations General Assembly in New YorkNEW YORK (Reuters) - The "Bibi bomb" was born of days of discussions between Israeli Prime Minister Benjamin Netanyahu and a brains trust of close advisers on how to make a powerful impact in yet another speech on Iran's nuclear program. "The diagram made his address special," a senior official in Netanyahu's entourage said on Friday about the cartoonish drawing of a bomb the Israeli leader, who is nicknamed "Bibi," used at the U.N. General Assembly as a prop to illustrate what he sees as Iran's drive for an atomic weapon. ...


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Kenya troops fight on beaches in assault on Somali rebel city
Fri,28 Sep 2012 10:16 AM PDT
Reuters - MOGADISHU (Reuters) - Kenyan troops attacked the Somali port city of Kismayu on Friday, seeking to drive al Qaeda-linked al Shabaab militants from their last major stronghold and end a five-year rebellion. The loss of the southern port would deal a huge blow to al Shabaab as it is a lucrative source of revenue and a centre for operations over areas it has controlled in Somalia since 2007, but by nightfall, it was not clear who was in control. Residents said shelling had subsided after earlier fighting near a beach just outside Kismayu. ... Full Story
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Israelis see no Iran war this year after Netanyahu's speech
Fri,28 Sep 2012 08:12 AM PDT
Reuters -

Israeli PM Netanyahu draws a red line on a graphic of a bomb as he addresses the 67th United Nations General Assembly in New YorkJERUSALEM (Reuters) - Prime Minister Benjamin Netanyahu's U.N. speech about Iranian nuclear advances has dampened speculation in Israel that he could order a war this year. Analyzing Thursday's address in which Netanyahu literally drew a "red line" on a cartoon bomb to show how close Iran was to building nuclear weaponry, commentators saw his deadline for any military action falling in early or mid-2013, well after U.S. elections in November and a possible snap Israeli poll. "The 'decisive year' of 2012 will pass without decisiveness," wrote Ofer Shelah of Maariv newspaper on Friday. ...


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Ex-IRS examiner charged with naming whistleblower
Fri,28 Sep 2012 07:20 AM PDT
Reuters - WASHINGTON (Reuters) - A former U.S. Internal Revenue Service examiner was arrested on Thursday and charged with exposing an IRS whistleblower and interfering with the audit of an international bank, said the U.S. Attorney for the Southern District of New York. Dennis Lerner, 59, was arrested at his home in Edgewater, New Jersey, and appeared before a judge in Manhattan, according to a statement from U.S. Attorney Preet Bharara. Lerner was charged with violating federal conflict of interest laws and improperly disclosing confidential IRS information. He could face up to 20 years in prison. ... Full Story
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Russian Orthodox leader defends ties with Kremlin
Fri,28 Sep 2012 04:58 AM PDT
Reuters -

Russian President Vladimir Putin attends a ceremony in which the diplomatic credentials of newly appointed ambassadors were accepted at the Kremlin in MoscowMOSCOW (Reuters) - The head of the Russian Orthodox Church on Friday rejected criticism of his increasingly strong relationship with President Vladimir Putin, saying that close ties between the church and state were good for society. Opposition groups, and some Russian Orthodox believers, have voiced concern about the Church's closeness to the state in a debate fuelled by the two-year jail terms given last month to three members of the Pussy Riot punk band who protested in a Moscow cathedral. ...


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Minneapolis workplace shooter lost job hours before rampage
Fri,28 Sep 2012 03:49 PM PDT
Reuters -

Minnesota State Patrol officers man the Penn Avenue bridge over Bassett's Creek near the scene of a triple shooting in MinneapolisMINNEAPOLIS (Reuters) - Police identified on Friday the disgruntled former employee who killed five people and took his own life in a shooting rampage at a Minneapolis sign company from which he had been fired. Hours after losing his job on Thursday, the 36-year-old gunman, Andrew Engeldinger, entered Accent Signage Systems Inc. through a loading dock door with a 9mm semiautomatic handgun and began firing, police said. Some of his victims were likely targeted. ...


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California man behind anti-Muslim film jailed over probation
Thu,27 Sep 2012 09:44 PM PDT
Reuters -

Nakoula Basseley Nakoula is escorted in a Los Angeles County Sheriff's vehicle from his home by officers in Cerritos, CaliforniaLOS ANGELES (Reuters) - An Egyptian-American man behind an anti-Islam film that has stoked violent protests across the Muslim world was arrested on Thursday in California for allegedly violating his probation, and a federal judge ordered him jailed without bond. Nakoula Basseley Nakoula, 55, was taken into custody at an undisclosed location by U.S. marshals and brought to court in Los Angeles still wearing his street clothes but handcuffed and shackled at the waist. ...


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High gasoline prices lift consumer spending in August
Fri,28 Sep 2012 06:04 AM PDT
Reuters -

Shoppers checkout at a Target store in VirginiaWASHINGTON (Reuters) - U.S. consumer spending rose in August by the most in six months as households stretched to pay for higher gasoline prices, according to a government report on Friday that pointed to lackluster economic growth in the third quarter. The Commerce Department said consumer spending increased 0.5 percent after an unrevised 0.4 percent gain in July. Last month's rise was in line with economists' expectations. Consumer spending accounts for 70 percent of U.S. economic activity and the second straight month of increase mostly reflected higher gasoline prices, which rose 28. ...


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U.S. call for "cool heads" in China-Japan island dispute goes unheeded
Fri,28 Sep 2012 12:54 AM PDT
Reuters -

A policeman gestures at photographer as they block a protester shouting anti-China slogans in front of the Chinese Embassy in TokyoNEW YORK (Reuters) - U.S. Secretary of State Hillary Clinton urged China and Japan on Thursday to let "cool heads" prevail in a festering dispute over a cluster of East China Sea islands, but hours later Chinese and Japanese diplomats traded barbs at the United Nations. Clinton met Chinese Foreign Minister Yang Jiechi on the sidelines of this week's U.N. General Assembly meeting in New York and said it was important to ratchet down the quarrel over the islands that has soured ties between Asia's two largest economies, a senior State Department official said. ...


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Netanyahu draws "red line" on Iran's nuclear program
Thu,27 Sep 2012 08:31 PM PDT
Reuters -

Prime Minister of Israel Netanyahu draws red line on graphic of bomb as he addresses 67th United Nations General Assembly in New YorkUNITED NATIONS (Reuters) - Israeli Prime Minister Benjamin Netanyahu drew a "red line" for Iran's nuclear program on Thursday despite a U.S. refusal to set an ultimatum, saying Tehran will be on the brink of developing a nuclear weapon in less than a year. By citing a time frame in an address to the U.N. General Assembly, Netanyahu - who has clashed with President Barack Obama over the urgency of military action against Iran - appeared to suggest no Israeli attack was imminent before the November 6 U.S. presidential election. ...


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France's 2013 budget hikes taxes on companies, rich
Fri,28 Sep 2012 03:35 AM PDT
Reuters - PARIS (Reuters) - France's draft 2013 budget imposed a total of roughly 20 billion euros in new taxes on large companies and wealthy households, including hikes in taxation on dividend income and reductions in the tax deductibility of interest payments. The budget, approved by France's cabinet on Friday, said that the creation of a new 75 percent tax on millionaires and higher marginal tax rates on high earners would raise some 530 million euros next year. The lowering of the threshold for wealth tax on individuals would raise a further 1 billion euros. ... Full Story
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Obama leads Romney 49-42 percent in latest Reuters/Ipsos survey
Thu,27 Sep 2012 12:02 PM PDT
Reuters -

U.S. President Barack Obama participates in an election campaign rally in Virginia BeachWASHINGTON (Reuters) - President Barack Obama maintains a lead over Republican challenger Mitt Romney with 40 days left until the November 6 election, the latest Reuters/Ipsos poll said on Thursday. The daily tracking poll said Obama had 49 percent support to 42 percent for Romney among likely voters. Ipsos interviewed 1,194 registered voters online for the survey. The result showed the race basically holding where it has been for days with Obama enjoying an advantage over the former Massachusetts governor. ...


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Spain's crisis budget aims at spending cuts not tax rises
Thu,27 Sep 2012 03:08 PM PDT
Reuters -

Protesters shout slogans during a protest against cuts in public education in central MadridMADRID (Reuters) - Spain announced a crisis budget for 2013 based mostly on spending cuts on Thursday in what many see as an effort to pre-empt the likely conditions of an international bailout. Ministry budgets were slashed by 8.9 percent for next year and public sector wages frozen for a third year as Prime Minister Mariano Rajoy battles to trim one of the euro zone's biggest deficits. "This is a crisis budget aimed at emerging from the crisis ... ...


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