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Chad says it killed Algeria hostage mastermind in Mali Saturday, Mar 02, 2013 06:00 PM PST N'DJAMENA (Reuters) - Chadian soldiers in Mali have killed Mokhtar Belmokhtar, the al Qaeda commander who masterminded a bloody hostage-taking at an Algerian gas plant in January, Chad's military said on Saturday. The death of one of the world's most wanted jihadists would be a major blow to al Qaeda in the region and to Islamist rebels already forced to flee towns they had seized in northern Mali by an offensive by French and African troops. "On Saturday, March 2, at noon, Chadian armed forces operating in northern Mali completely destroyed a terrorist base. ... ... Full Story | Top |
Spending cut showdown threatens Obama's second-term agenda Saturday, Mar 02, 2013 06:50 PM PST WASHINGTON (Reuters) - Just hours after across-the-board spending cuts officially took effect, President Barack Obama pressed Congress on Saturday to work with him on a compromise to halt a fiscal crisis that threatens the economy and his broader domestic policy agenda. The failure by Obama and Republicans to agree to halt the $85 billion "sequester" cuts virtually guaranteed that fiscal issues would remain center stage in Washington for weeks, crowding out Obama's proposals to reform immigration, tighten gun laws and raise the minimum wage. ... Full Story | Top |
Mexico's ruling party opens door to tax, energy changes Saturday, Mar 02, 2013 08:30 PM PST MEXICO CITY (Reuters) - Mexico's ruling Institutional Revolutionary Party paved the way on Saturday for possible tax hikes and an overhaul of state oil giant Pemex as it seeks to spur growth in Latin America's second-biggest economy. PRI delegates at a congress in Mexico City voted to change the party's position on refusing to consider the imposition of a value-added tax on food and medicine, and giving the party scope to open up Pemex to more private capital. ... Full Story | Top |
Egypt needs to fix economy, strike IMF deal: Kerry Saturday, Mar 02, 2013 04:35 PM PST CAIRO (Reuters) - Secretary of State John Kerry said on Saturday it is vital that Egypt revive its economy and that the country's fractious political parties reach agreement on painful economic reforms to secure an IMF loan. The country's foreign currency reserves have dived to little more than a third of levels before the 2011 revolution and the budget deficit is soaring as a sliding Egyptian pound pushes up the cost of state subsidies for imported fuel and food. ... Full Story | Top |
Venezuela's Chavez undergoing "tough" chemotherapy, VP says Saturday, Mar 02, 2013 02:41 PM PST CARACAS (Reuters) - Ailing Venezuelan President Hugo Chavez has been undergoing "tougher" new treatment for cancer, including chemotherapy at the military hospital where he has been for the past two weeks, his vice president said. Speaking after a Catholic Mass to pray for Chavez's health, Nicolas Maduro described how the socialist president had personally given the order to leave Cuba in mid-February, two months after his latest cancer surgery there. ... Full Story | Top |
Indian steel-project protestors killed by bomb blasts Saturday, Mar 02, 2013 10:15 PM PST BHUBANESWAR, India (Reuters) - At least three people protesting against plans for a $12 billion steel project by South Korea's POSCO in southeastern India were killed by crude bombs on Saturday, police said. Police said those killed in the village of Patna in Odisha state were probably making the bombs themselves, but a protest group spokesman said the dead activists were victims of an attack by supporters of the steel project. ... Full Story | Top |
A push for change in China as new leaders take the helm Saturday, Mar 02, 2013 03:02 PM PST YUANGUDUI, China (Reuters) - For Chen Qiuyang, the new Chinese leadership that formally takes over this month can radically improve her life by doing just one thing: providing running water in her village in a remote corner of the northwestern province of Gansu. "We have to carry water from the well on our shoulders several times day. It's exhausting," Chen, who looked older than her 28 years, said in Yuangudui village, resting on a stool outside her home after completing another trip to the well. ... Full Story | Top |
Syria and Iran condemn U.S. plan to aid anti-Assad rebels Saturday, Mar 02, 2013 02:55 PM PST BEIRUT (Reuters) - Syria and Iran joined forces on Saturday to condemn moves by Western powers to aid rebels fighting against President Bashar al-Assad, with the Syrian leader singling out Britain as a "shallow and immature" power. In an television interview with The Sunday Times newspaper shown in London late on Saturday, Assad said Britain's involvement in the Syria crisis had been naive and unrealistic. "I think they (Britain) are working against us, and they are working against the interests of the UK itself," Assad said in English-language remarks broadcast by Britain's Sky TV. ... Full Story | Top |
Insight: Will Dreamliner drama affect industry self-inspection? Saturday, Mar 02, 2013 04:36 PM PST SAN FRANCISCO/SEATTLE/PARIS (Reuters)- Eight years ago, U.S. regulators substantially increased their dependence on the aircraft industry to help keep flying safe. The Federal Aviation Administration (FAA) said it would no longer directly manage routine inspection of design and manufacturing. Instead, it would focus on overseeing a self-policing program executed by the manufacturers themselves through more than 3,000 of their employees assigned to review safety on behalf of the FAA. These so-called designees had existed for decades, but the FAA had vetted and controlled them. ... Full Story | Top |
Big cuts spur calls to Congress from irate constituents Saturday, Mar 02, 2013 04:36 PM PST WASHINGTON (Reuters) - Congress is getting an earful about the big spending cuts beginning to hit government services from worried and irate constituents, including one senator's own spouse. Democratic Senator Thomas Carper of Delaware said his wife, "my most important constituent," asked him, "Why can't you guys get your act together? Do you know what people think of you guys?" "I told her that Washington needs to work more like Delaware," said Carper, a former governor of the state. "In Delaware, Democrats and Republicans work together." They have not worked together in Washington. ... Full Story | Top |
Netanyahu gets 14 more days to form new Israeli government Saturday, Mar 02, 2013 04:37 PM PST JERUSALEM (Reuters) - Israeli President Shimon Peres on Saturday gave Prime Minister Benjamin Netanyahu an additional 14 days to try to form a new government after he was unable to complete the task during an initial 28-day period. Talks with potential partners have been deadlocked since elections on January 22 and if he is unable to form a government by March 16 a new poll could be called - a delay that also puts into question a planned visit by President Barack Obama. ... Full Story | Top |
SpaceX cargo capsule cleared for Space Station docking on Sunday Saturday, Mar 02, 2013 02:02 PM PST CAPE CANAVERAL, Fla., March 2 - A cargo capsule owned by Space Exploration Technologies was cleared for a belated docking at the International Space Station on Sunday after engineers resolved a problem with the spacecraft's thruster pods, NASA said on Saturday. The Dragon spacecraft, built and operated by privately owned Space Exploration Technologies, or SpaceX, missed its scheduled arrival on Saturday after problems surfaced with three of its four thruster rocket pods shortly after launch on Friday. ... Full Story | Top |
Spending cut debate casts pall over Obama's second-term agenda Saturday, Mar 02, 2013 02:13 PM PST WASHINGTON (Reuters) - Just hours after across-the-board spending cuts officially took effect, President Barack Obama pressed Congress on Saturday to work with him on a compromise to halt a fiscal crisis that threatens the economy and his broader domestic policy agenda. The failure by Obama and Republicans to agree to halt the $85 billion 'sequester' cuts virtually guaranteed that fiscal issues would remain center stage in Washington for weeks, crowding out Obama's proposals to reform immigration, tighten gun laws and raise the minimum wage. ... Full Story | Top |
Netanyahu gets 14 more days to form new Israeli government Saturday, Mar 02, 2013 12:14 PM PST JERUSALEM (Reuters) - Israeli President Shimon Peres on Saturday gave Prime Minister Benjamin Netanyahu an additional 14 days to try to form a new government after he was unable to complete the task during an initial 28-day period. Talks with potential partners have been deadlocked since elections on January 22 and if he is unable to form a government by March 16 a new poll could be called - a delay that also puts into question a planned visit by U.S. President Barack Obama. ... Full Story | Top |
Big cuts spur calls to Congress from irate constituents Saturday, Mar 02, 2013 11:28 AM PST WASHINGTON (Reuters) - The Congress is getting an earful about the big spending cuts beginning to hit government services from worried and irate constituents, including one senator's own spouse. Democratic Senator Thomas Carper of Delaware said his wife, "my most important constituent," asked him, "Why can't you guys get your act together? Do you know what people think of you guys?" "I told her that Washington needs to work more like Delaware," said Carper, a former governor of the state. "In Delaware, Democrats and Republicans work together." They have not worked together in Washington. ... Full Story | Top |
Egypt needs to fix economy, strike IMF deal: Kerry Saturday, Mar 02, 2013 01:36 PM PST CAIRO (Reuters) - U.S. Secretary of State John Kerry said on Saturday it is vital that Egypt revive its economy and that the country's fractious political parties reach agreement on painful economic reforms to secure an IMF loan. The country's foreign currency reserves have dived to little more than a third of levels before the 2011 revolution and the budget deficit is soaring as a sliding Egyptian pound pushes up the cost of state subsidies for imported fuel and food. ... Full Story | Top |
Insight: Will Dreamliner drama affect industry self-inspection? Saturday, Mar 02, 2013 10:20 AM PST SAN FRANCISCO/SEATTLE/PARIS (Reuters)- Eight years ago, U.S. regulators substantially increased their dependence on the aircraft industry to help keep flying safe. The U.S. Federal Aviation Administration (FAA) said it would no longer directly manage routine inspection of design and manufacturing. Instead, it would focus on overseeing a self-policing program executed by the manufacturers themselves through more than 3,000 of their employees assigned to review safety on behalf of the FAA. These so-called designees had existed for decades, but the FAA had vetted and controlled them. ... Full Story | Top |
Chad says kills Algeria hostage mastermind in Mali Saturday, Mar 02, 2013 03:50 PM PST N'DJAMENA (Reuters) - Chadian soldiers in Mali have killed Mokhtar Belmokhtar, the al Qaeda commander who masterminded a bloody hostage-taking at an Algerian gas plant in January, Chad's military said on Saturday. The death of one of the world's most wanted jihadists would be a major blow to al Qaeda in the region and to Islamist rebels already forced to flee towns they had seized in northern Mali by an offensive by French and African troops. "On Saturday, March 2, at noon, Chadian armed forces operating in northern Mali completely destroyed a terrorist base (... ... Full Story | Top |
Guinea says investigating shootings as protest death toll mounts Saturday, Mar 02, 2013 10:34 AM PST CONAKRY (Reuters) - At least one person was killed by gunfire and three others injured in ongoing street clashes in Guinea on Saturday, and the government said it was investigating whether security forces used live rounds against civilians. Two civilians and one police officer have been killed and hundreds of people injured since tensions over upcoming legislative polls triggered unrest in the West African nation's capital Conakry last week. ... Full Story | Top |
Ethnic Albanians clash with police in Macedonia Saturday, Mar 02, 2013 10:14 AM PST SKOPJE (Reuters) - Riot police in Macedonia clashed on Saturday with ethnic Albanian protesters who torched a bus and attacked shops in a second day of violence triggered by the appointment of a former guerrilla fighter as defense minister. Ethnic tensions continue to simmer in the impoverished former Yugoslav republic more than a decade since it was brought to the brink of civil war during an ethnic Albanian guerrilla insurgency. ... Full Story | Top |
Turkish captives to be released by Kurdish rebels: agency Saturday, Mar 02, 2013 10:07 AM PST ISTANBUL (Reuters) - Kurdistan Workers Party (PKK) rebels are planning to release a group of captured Turkish officials within the next 10 days as part of a broader peace deal, the state-run Anatolia Agency reported on Saturday. The PKK has been fighting Turkey's central government since 1984 and is negotiating with the authorities to try to end a conflict that has claimed some 40,000 lives. Anatolia quoted a Turkish politician, Gultan Kisanak, as telling a news conference in Arbil, northern Iraq: ""I hope these (public) officials will reunite with their families soon. ... Full Story | Top |
NATO says its troops shot dead two Afghan boys Saturday, Mar 02, 2013 08:04 AM PST KABUL (Reuters) - NATO said on Saturday its forces had accidentally shot dead two Afghan boys, in the latest of a series of reports of civilian deaths at the hands of international troops. The shooting in the southern province of Uruzgan could further strain the relationship between the NATO-led International Security Assistance Force (ISAF) and Afghan President Hamid Karzai, who has demanded U.S. special forces leave another province over allegations of torture. ... Full Story | Top |
Judge cuts Apple award versus Samsung, sets new damages trial Saturday, Mar 02, 2013 06:27 AM PST (Reuters) - Apple Inc had a major setback in its mobile patents battle with Samsung Electronics on Friday, as a federal judge slashed a $1.05 billion jury award by more than 40 percent and set a new trial to determine damages. Apple won the award last year against Samsung in what was the biggest and highest-profile of a number of legal trials around the world, centered on the use and alleged abuse of patents in a highly competitive mobile market. ... Full Story | Top |
Premature Fed pullback could "short-circuit" recovery: Bernanke Saturday, Mar 02, 2013 05:37 AM PST (Reuters) - Ben Bernanke, the chairman of the Federal Reserve, said on Friday that pulling back on aggressive policy measures too soon would pose a real risk of damaging a still-fragile recovery. There has been some disagreement within the Fed of whether the central bank's bond-buying program, which is designed to push down long-term interest rates, should be phased out. Fed Board Governor Jeremy Stein argued recently there were signs of overheating in certain financial markets and that the central bank should consider using monetary policy to address such risks if they persist. ... Full Story | Top |
Chavez undergoing "tough" chemotherapy: Venezuela VP Saturday, Mar 02, 2013 05:16 AM PST CARACAS (Reuters) - Venezuela's ailing President Hugo Chavez has been undergoing "tougher" new treatment for cancer including chemotherapy at the military hospital where he has been for the last two weeks, his vice-president said. Speaking late on Friday after a Catholic Mass to pray for Chavez's health, Maduro described how the socialist president had personally given the order to leave Cuba in mid-February, two months after his latest cancer surgery there. ... Full Story | Top |
Al Qaeda issues English-language advice magazine for militants Saturday, Mar 02, 2013 06:17 AM PST RIYADH (Reuters) - Al Qaeda in the Arabian Peninsula (AQAP), the Islamist movement's most active branch, has released an English-language magazine advising would-be militants on how to torch parked cars and cause traffic accidents. The magazine, released on militant websites, also warns France to pull back from Mali and lists 11 public figures in the West, including author Salman Rushdie, who it says are "wanted dead or alive for crimes against Islam". ... Full Story | Top |
Exclusive: Jaguar Land Rover studying full production in India - sources Saturday, Mar 02, 2013 05:34 AM PST MUMBAI/LONDON (Reuters) - Jaguar Land Rover (JLR) is investigating the potential of manufacturing cars in India, company sources said, as the British luxury carmaker looks to build on its growth in emerging markets with the help of Indian parent Tata Motors. JLR, which has ridden a wave of surging demand in China and other emerging markets to post record profits over the past year, is "actively exploring the possibility" of building cars from scratch in India, said one company source. ... Full Story | Top |
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