Monday, February 25, 2013

Daily News: Politics - White House steps up campaign to avoid spending cuts

Monday, Feb 25, 2013 08:02 PM PST
Today's Politics - Bloomberg News Headlines - Yahoo! News:

White House steps up campaign to avoid spending cuts 
Monday, Feb 25, 2013 08:02 PM PST
U.S. President Obama gestures as he speaks to the National Governors Association in the State Dining Room of the White House in WashingtonWASHINGTON (Reuters) - The White House escalated a campaign on Monday to convince Americans dire consequences await if government spending cuts go ahead on March 1, warning of a slowdown in global trade, a stalled fight against cancer and Alzheimer's disease and compromised security at U.S. borders. At the same time, prominent Republicans said President Barack Obama was overstating the potential damage of the $85 billion in government-wide cuts to frighten the public. "There is a responsible way to cut less than 3 percent of the federal budget. ...
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Powers to offer sanctions relief if Iran curbs nuclear program 
Monday, Feb 25, 2013 07:46 PM PST
ALMATY (Reuters) - Major powers will offer Iran some sanctions relief during talks in Almaty, Kazakhstan, this week if Tehran agrees to curb its nuclear program, a U.S. official said on Monday. But the Islamic Republic could face more economic pain if it fails to address international concerns about its atomic activities, the official said ahead of the February 26-27 meeting in the central Asian state, speaking on condition of anonymity. "There will be continued sanctions enforcement ... ...
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Florida town remembers Trayvon Martin a year after killing 
Monday, Feb 25, 2013 07:40 PM PST
Forest,of Sanford, Florida, photographs a memorial for Trayvon Martin in SanfordSANFORD, Florida (Reuters) - A year after the shooting death of an unarmed black teenager in this central Florida town, there is a small memorial, a new police chief and an effort to improve race relations. Trayvon Martin, 17, was gunned down on February 26, 2012, as he walked to his father's fiancee's home in one of Sanford's gated communities. The man accused of his killing, George Zimmerman, 28, a white Hispanic on neighborhood watch, is set to be tried on June 10. ...
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U.S. Senate Intelligence Committee drops bin Laden film probe 
Monday, Feb 25, 2013 07:36 PM PST
Director Kathryn Bigelow and screenwriter Mark Boal of "Zero Dark Thirty", which is nominated for Best Picture Oscar, arrive at the 85th Academy Awards in HollywoodWASHINGTON (Reuters) - One day after "Zero Dark Thirty" failed to win major awards at the Oscars, a congressional aide said on Monday the Senate Intelligence Committee has closed its inquiry into the filmmakers' contacts with the Central Intelligence Agency. The intelligence committee gathered more information from the CIA and will not take further action, according to the aide, who requested anonymity. Sony Pictures Entertainment, which distributed the film in the United States, said it was in touch with the filmmakers but had no immediate comment. ...
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Italy faces stalemate after election shock 
Monday, Feb 25, 2013 07:16 PM PST
Voting officials count the ballots in a polling station in RomeROME (Reuters) - Italy faced political deadlock on Tuesday after a stunning election that saw the anti-establishment 5-Star Movement of comic Beppe Grillo become the strongest party in the country but left no group with a clear majority in parliament. The center-left coalition led by Pier Luigi Bersani won the lower house by around 125,000 votes and claimed the most seats in the Senate but was short of the majority in the upper house that it would need to govern. Bersani claimed victory but said it was obvious that Italy was in "a very delicate situation". ...
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South Korea firm had U.S. contract while investing in Iran gas: GAO 
Monday, Feb 25, 2013 06:48 PM PST
WASHINGTON (Reuters) - A South Korean construction company reported to have recently engaged in Iran's energy sector had a contract with the U.S. government even as Tehran came under pressure for its disputed nuclear program, a U.S. government watchdog said on Monday. Daelim Industrial Co had a nearly $1.5 million U.S. government contract to build family housing at a military base in South Korea at some point between mid-2011 and late 2012, the General Accountability Office said in a report on Monday. The GAO is the investigative arm of Congress. Under U.S. ...
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GM seeks approval to pay CEO $11.1 million: CNBC 
Monday, Feb 25, 2013 06:48 PM PST
Dan Akerson, Chairman and CEO of General Motors, attends the press conference for the Chevrolet Corvette Stingray at the North American International Auto Show in Detroit(Reuters) - General Motors Co wants to pay its chief executive, Dan Akerson, $11.1 million this year, CNBC reported, citing related documents. If the U.S. government approve the plan, Akerson's annual compensation would increase more than 20 percent compared to last year, the report said. (http://link.reuters.com/meg36t) Compensation of GM executives is governed by a special paymaster from the federal government as part of provisions put in place after GM's U.S.-funded bankruptcy restructuring in 2009. No determinations has yet been made for 2013 compensation, a U.S. ...
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Former Surgeon General C. Everett Koop dies at 96 
Monday, Feb 25, 2013 06:45 PM PST
C EVERETT KOOP SPEAKS TO CLOSING OF WORLD CONFERENCE.(Reuters) - Former U.S. Surgeon General C. Everett Koop, whose anti-smoking campaign and outspoken, controversial positions on abortion, AIDS and drugs, elevated the obscure post to one of national influence, died at his home in Hanover, New Hampshire, on Monday. He was 96 years old. Koop, a pediatric surgeon, served as the leading U.S. spokesman on public health matters and adviser to President Ronald Reagan from November 1981 until October 1989. His death was announced by Dartmouth's Geisel School of Medicine, where he founded the C. Everett Koop Institute. "Dr. ...
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Syria says ready to talk with armed opposition 
Monday, Feb 25, 2013 06:25 PM PST
Destroyed buildings are seen on streets filled with debris in HomsMOSCOW (Reuters) - Syria is ready for talks with its armed opponents, Foreign Minister Walid al-Moualem said on Monday, in the clearest offer yet to negotiate with rebels fighting President Bashar al-Assad. But Moualem said at the same time Syria would pursue its fight "against terrorism," alluding to the conflict in which the United Nations says 70,000 people have been killed. His offer of talks drew a dismissive response from U.S. Secretary of State John Kerry, who was starting a nine-nation tour of European and Arab capitals in London. ...
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Colombia to send committee for release of German hostages 
Monday, Feb 25, 2013 06:12 PM PST
Colombia's President Juan Manuel Santos is seen at the summit of the Community of Latin American and Caribbean States (CELAC) in SantiagoBOGOTA (Reuters) - Colombia's government on Monday authorized a committee of civilians and Red Cross officials to travel to a jungle zone where it hopes two German hostages will be freed by the nation's second-largest guerrilla group. The National Liberation Army (ELN) said in early February they had captured two German men in Catatumbo, near the border with Venezuela, the second time in a month it seized foreigners. "They sent us a message saying that if we authorized the Red Cross and a committee that already exists to interact with the ELN ... ...
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U.S. gives banking green light to Myanmar tycoons 
Monday, Feb 25, 2013 05:53 PM PST
File photo of an employee standing behind a MasterCard logo during the launch of the international credit card issuer's first ATM transaction in Myanmar, in YangonYANGON (Reuters) - Two banks owned by tycoons associated with Myanmar's former military regime will start to do business with U.S. companies and investors in the latest reward for the Southeast Asian country's rapid political transformation. The U.S. Treasury Department said on Friday it would issue a general licence for four of Myanmar's biggest banks -- Myanma Economic Bank, Myanma Investment and Commercial Bank, Asia Green Development Bank and Ayeyarwady Bank -- allowing U.S. companies and citizens to deal with them. ...
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Obama to meet leading Republicans McCain, Graham on Tuesday 
Monday, Feb 25, 2013 05:40 PM PST
U.S. President Obama speaks to National Governors Association in the State Dining Room of the White House in WashingtonWASHINGTON (Reuters) - President Barack Obama will meet leading Senate Republicans John McCain and Lindsey Graham on Tuesday to discuss immigration reform efforts and could also delve into across-the-board spending cuts set to take effect on Friday. Obama's meeting with the two U.S. senators, part of a bipartisan "Gang of Eight" working to craft immigration legislation, was described by a White House official on Monday as focused on that issue. ...
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White House will soon revive cybersecurity legislation push 
Monday, Feb 25, 2013 05:10 PM PST
U.S. President Obama speaks to the National Governors Association in the State Dining Room of the White House in WashingtonSAN FRANCISCO (Reuters) - A senior adviser to President Barack Obama said the White House will soon renew efforts to push cybersecurity legislation through Congress, though he foresaw an uphill battle given the failure of the last attempt. Daniel said the White House has begun drafting "key legislative principles" for a new bill that it believes can pass both the House and Senate this time. "We very much want a bill," White House cybersecurity coordinator Michael Daniel told Reuters while in San Francisco to meet industry experts and business leaders at a security conference. ...
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Senators urge EU to plug ECB loophole in Iran sanctions 
Monday, Feb 25, 2013 05:03 PM PST
U.S. Senator Jeanne Shaheen takes her seat for the Reuters Washington Summit in WashingtonWASHINGTON (Reuters) - Senators on Monday urged European Union leaders to do more to stop the Iranian government from using the European Central Bank, saying the bank's payment system may inadvertently be aiding Tehran in financing its nuclear program. On the eve of talks between Western powers and Iran, lawmakers told the EU's leadership in a letter that Iran may be circumventing American and European sanctions by using the central bank to convert euros into local currency and conduct trade. ...
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Italy's center left to win lower house, Senate deadlocked 
Monday, Feb 25, 2013 04:43 PM PST
ROME (Reuters) - Italy's center-left coalition will win a majority in the lower house of parliament but the upper house will be deadlocked, the Interior Ministry said on Tuesday after almost all votes were counted. After 99.9 percent of the polling booths had been tallied, the center-left led the center-right by about 125,000 votes in the lower house, handing it a sizeable majority thanks to a generous winner's bonus. But the Senate was a different story. ...
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Analysis: Castro successor lacks charisma but is experienced manager 
Monday, Feb 25, 2013 04:37 PM PST
Cuba's President Castro and newly elected first vice president Canel attend the closing session of the National Assembly of the Peoples Power in HavanaHAVANA (Reuters) - When Cuban President Raul Castro named former engineering professor and long-time Communist Party insider Miguel Diaz-Canel as his first vice president and potential successor on Sunday, he chose managerial skills over flair. Diaz-Canel, 52, is the youngest non-military man to come so close to the pinnacle of power in Cuba since the Castro brothers took power in 1959. He was appointed first vice president on Sunday at a meeting of the National Assembly where Castro also announced he would step down in 2018 at the end of his second five-year term as president. ...
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Suspect in Las Vegas Strip shooting has criminal history 
Monday, Feb 25, 2013 04:19 PM PST
Ammar Harris is shown in the Las Vegas Metropolitan Police Department handout photograph(Reuters) - The prime suspect in the slaying of an aspiring rapper who was shot and killed while driving a Maserati on the Las Vegas Strip has a long criminal history, with prior arrests on charges that include robbery, sexual assault and kidnapping, police said on Monday. Four days after the shooting touched off a fiery pre-dawn crash at the heart of the Las Vegas Strip that also killed a taxi driver and his passenger, police said they were now seeking help from the public in finding 26-year-old Ammar Harris. ...
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California couple vanishes during cycling trip in Peru 
Monday, Feb 25, 2013 04:09 PM PST
(Reuters) - Authorities in Peru have launched a search for a California couple reported missing while on a cycling trip through the Andean country in an area where U.S. citizens have been warned of kidnapping risks, U.S. Embassy officials in Lima said on Monday. Families of the couple, Garrett Hand and Jamie Neal, said they last heard from the pair on January 25, a day before they were expected to arrive in Lima after a journey of several hundred miles from Cusco, in the country's mountainous interior southeast of the capital, the embassy said in a statement. "Embassy officers are ... ...
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Oxfam slates AB Foods on development impact, praises Nestle 
Monday, Feb 25, 2013 04:03 PM PST
To match feature FINANCIAL/BRITAIN-CHARITIESZURICH (Reuters) - Associated British Foods scored lowest among 10 of the top food and beverage companies assessed for their social and environmental impact on poor countries, development group Oxfam said on Tuesday. Meanwhile, Nestle and Unilever ranked highest for their policies on seven areas assessed by Oxfam as critical to sustainable agriculture: women, small-scale farmers, farm workers, water, land, climate change and transparency. ...
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Obama urged to back tough arms trade treaty at U.N. talks 
Monday, Feb 25, 2013 04:02 PM PST
U.S. President Barack Obama makes a toast during the 2013 Governors' Dinner in the State Dining Room of the White House in WashingtonUNITED NATIONS (Reuters) - Three dozen arms control and human rights groups have written to U.S. President Barack Obama ahead of new arms-trade negotiations at the United Nations next month, urging him to back a tough treaty that would end loopholes in international weapons sales. Arms control campaigners say one person every minute dies worldwide as a result of armed violence and a convention is needed to prevent the unregulated and illicit flow of weapons into conflict zones and fueling wars and atrocities. The U.N. ...
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White House mulls new global food aid approach: send cash 
Monday, Feb 25, 2013 03:57 PM PST
A general view of the U.S. Capitol is seen from the Russell Senate Office Building in WashingtonWASHINGTON (Reuters) - The White House may soon propose the biggest change in U.S. food aid since the programs were created during the Cold War - donating cash for hunger relief instead of shipping American-grown food thousands of miles to global trouble spots, say farm groups and charities. Reformers have argued for years that cash donations, the method used by most nations, are more efficient and speedier. But food donation has been the favored U.S. approach since the Food for Peace program was enacted in 1954. ...
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Analysis: Obama spending cuts strategy focused on waiting game 
Monday, Feb 25, 2013 03:52 PM PST
U.S. President Obama speaks to the National Governors Association in the State Dining Room of the White House in WashingtonWASHINGTON (Reuters) - The White House, while advancing an aggressive public relations campaign to highlight the damaging effects of $85 billion in automatic spending cuts, is largely resigned to the fact that they will go into effect on Friday. With no deal expected in the few days remaining until the cuts kick in, President Barack Obama is pursuing a strategy aimed at generating outrage among Americans that he hopes will force Republicans to come to the negotiating table and agree to his demand for higher taxes after the cuts go into place. ...
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New York "Cannibal Cop" trial opens; suspect's dark fantasies cited 
Monday, Feb 25, 2013 03:51 PM PST
Courtroom sketch of former police officer Gilberto Valle listening as his wife Kathleen Mangan testifies in this courtroom sketch on the first day of his trial in New YorkNEW YORK (Reuters) - A New York City police officer accused of plotting to kidnap and cannibalize women had been having dark fantasies since he was a teenager, but had no intention of ever turning those thoughts into reality, his attorney said on Monday at the start of his federal trial. Attorney Julia Gatto also said that Officer Gilberto Valle, who faces 20 years to life in prison if convicted, talked online about torturing his own wife and her female friends and colleagues. ...
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After manhunt, L.A. police again have an image problem 
Monday, Feb 25, 2013 03:40 PM PST
LAPD Police Chief Charlie Beck looks on during a news conference at the LAPD Headquarters in Los AngelesLOS ANGELES (Reuters) - Los Angeles' police chief promised an investigation. City residents promised a protest. At a recent town hall meeting, Charlie Beck vowed to uncover the truth behind former officer Christopher Dorner's charges of racism in his Los Angeles Police Department. As Beck spoke, a flier circulated the mostly black audience. It bore Dorner's smiling face, belying the police's image of him as a ruthless killer. ...
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Illinois' unpaid bills could soar to $21.7 billion in five years: report 
Monday, Feb 25, 2013 03:35 PM PST
CHICAGO (Reuters) - Illinois' stack of overdue bills could nearly triple to $21.7 billion in five years unless the state takes action to curb its public pension costs, a financial watchdog group said on Monday. "Lawmakers need to adopt a long-term mindset and restructure the unaffordable pension systems that are keeping the state in its fiscal downspin," Lawrence Msall, president of the Chicago-based Civic Federation, said in a statement. ...
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Goldman ex-director Gupta must repay bank $6.22 million 
Monday, Feb 25, 2013 03:23 PM PST
Rajat Gupta departs Manhattan Federal Court after being sentenced in New York(Reuters) - A federal judge on Monday ordered former Goldman Sachs Group Inc director Rajat Gupta to reimburse $6.22 million to help the Wall Street bank cover its legal expenses related to his criminal insider trading case. Goldman had sought to recover $6.91 million, and U.S. District Judge Jed Rakoff in Manhattan said the bank had proved it was entitled to 90 percent of what it requested. ...
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Center-left leader says Italy's situation "delicate" after vote 
Monday, Feb 25, 2013 03:21 PM PST
ROME (Reuters) - Center-left leader Pier Luigi Bersani said he would act in Italy's best interests as a parliamentary election left the country in a "very delicate situation," according to a Monday statement. Bersani said that the center left won control of the lower house, as projections have indicate, though the final vote is not yet in. No party or coalition appears likely to win a majority in the Senate. In Italy, both houses are needed to pass legislation, and a failure to come up with a majority in both houses could force another vote. (Reporting by Steve Scherer)
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Obama to meet Republicans McCain, Graham on immigration reform 
Monday, Feb 25, 2013 03:18 PM PST
U.S. President Obama speaks to National Governors Association in the State Dining Room of the White House in WashingtonWASHINGTON (Reuters) - President Barack Obama on Tuesday will meet Senator John McCain and Senator Lindsey Graham, leading Republicans working on a bipartisan immigration reform plan, to discuss efforts to overhaul the U.S. system, a White House official said on Monday. McCain and Graham are part of a "Gang of Eight" group of Republican and Democratic senators who are trying to craft immigration legislation. Obama has spoken by phone to Republicans involved in the effort but this would be his first face-to-face talks with them on the issue. (Reporting By Matt Spetalnick)
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SEC nominee White likely to face confirmation hearing in March: aide 
Monday, Feb 25, 2013 03:18 PM PST
WASHINGTON (Reuters) - A U.S. Senate panel will likely consider the nomination of former federal prosecutor Mary Jo White to head the Securities and Exchange Commission the week of March 11, a Senate aide told Reuters on Monday. The Senate Banking Committee has not yet selected an exact date, the aide said, speaking on the condition of anonymity. White, a petite 65-year-old with an outsized reputation for prosecuting terrorists and mob bosses as the former U.S. attorney for the Southern District of New York, is not expected to face major opposition by senators. ...
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British police to review sex scandal claims at Lib Dems 
Monday, Feb 25, 2013 03:16 PM PST
Britain's Deputy Prime Minister Clegg arrives at meeting for European Liberal politicians in AmsterdamLONDON (Reuters) - British police said they would review accusations of sexual misconduct made against a former official of the coalition's Lib Dems, intensifying a scandal that threatens to overwhelm the party ahead of a by-election. Detectives from London's police force will consider whether "criminal activity" took place relating to the allegations of sexual impropriety made against the party's former chief executive Chris Rennard, the Metropolitan Police Service said. ...
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UK police to review sex scandal claims at coalition party 
Monday, Feb 25, 2013 03:13 PM PST
Britain's Deputy Prime Minister Nick Clegg speaks on the BBC's Andrew Marr ShowLONDON (Reuters) - British police said they would review accusations of sexual misconduct made against a former official of the coalition's Liberal Democrats, intensifying a scandal that threatens to overwhelm the party ahead of a by-election. Detectives from London's police force will consider whether "criminal activity" took place relating to the allegations of sexual impropriety made against the party's former chief executive Chris Rennard, the Metropolitan Police Service said. ...
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Lawmakers urge Facebook to remove fraudulent Sandy Hook tributes 
Monday, Feb 25, 2013 03:00 PM PST
Senator Richard Blumenthal is seen with Newton sign during a hearing held by the Senate Judiciary committee about guns and violence on Capitol Hill in WashingtonSAN FRANCISCO (Reuters) - Three Connecticut lawmakers on Monday urged Facebook Inc to remove fraudulent and abusive tribute pages related to the mass shooting at Sandy Hook Elementary School. In the months since 20-year-old Adam Lanza killed 26 students and teachers in Newtown, Connecticut, the world's No. 1 social network has been host to an outpouring of genuine online tributes - as well as a hotbed of fraud. In December, a New York City woman was arrested for allegedly posing as the relative of a shooting victim on Facebook and swindling donors. U.S. ...
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Thousands mourn Palestinian prisoner, revolt fears grow 
Monday, Feb 25, 2013 02:46 PM PST
Relatives mourn during the funeral of Palestinian prisoner Arafat Jaradat in the West Bank village of Se'eer, near HebronSE'EER, West Bank (Reuters) - Masked Palestinian gunmen fired in the air and youths clashed with police on Monday as thousands marched at the West Bank funeral of a prisoner following days of rioting that have stoked Israeli fears of a new uprising. Israeli police shot and wounded five Palestinian youths during confrontations in Bethlehem and outside a West Bank prison, leaving one 15-year-old boy in a critical condition, Israeli and Palestinian medical sources said. ...
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Italy's center left claims win in lower house: statement 
Monday, Feb 25, 2013 02:45 PM PST
ROME (Reuters) - Italy's center left said in a statement on Monday it has won the lower house and gathered more votes than its center-right rival in the Senate in parliamentary elections. According to official results on the Interior Ministry's website, the center left is leading by fewer than 200,000 votes with about 2,000 voting stations left to count. Projections by television channels also gave the center-left a very narrow lead. Whoever wins the lower house will automatically be awarded 340 of the 630 seats. ...
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Tunisia arrests suspect in killing that sparked unrest 
Monday, Feb 25, 2013 02:31 PM PST
Woman chants slogans and holds pictures of assassinated leftist politician Belaid during demonstration against Islamist Ennahda movement in TunisTUNIS (Reuters) - A hardline Islamist has been arrested in connection with the killing of a Tunisian opposition politician whose death earlier this month touched off protests across the country, a security source said on Monday. Tunisia was plunged into political crisis when the secular opposition politician Chokri Belaid was gunned down outside his house on February 6, igniting the biggest street protests since the overthrow of strongman Zine al-Abidine Ben Ali two years ago. "The police arrested a Salafist suspected of killing Belaid," the source told Reuters without giving more details. ...
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Main suspect in Spain graft scandal has passport seized 
Monday, Feb 25, 2013 02:30 PM PST
Former People's Party treasurer Luis Barcenas carries documents as he leaves Spain's High Court after testifying before a judge in MadridMADRID (Reuters) - A former treasurer of Spain's ruling party, at the heart of a corruption scandal that has hurt Prime Minister Mariano Rajoy, was ordered to surrender his passport on Monday while judges investigate millions of euros he deposited in Swiss banks. Luis Barcenas is accused of using his position to take bribes, evade taxes by hiding the proceeds in Switzerland and launder money through shell companies, charges that carry prison sentences of up to six years and fines. ...
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United Nations removes Osama bin Laden from sanctions list 
Monday, Feb 25, 2013 02:16 PM PST
Slain Al Qaeda leader Osama bin Laden is seen in this still image taken from a video released on September 12, 2011UNITED NATIONS (Reuters) - Almost two years after his death at the hands of U.S. special forces in Pakistan, a U.N. Security Council committee has removed al-Qaeda leader Osama bin Laden from its sanctions list, although an order freezing any assets of the Islamist extremist remains in place. Bin Laden had been subjected to a travel ban and asset freeze since he was listed by the Security Council al-Qaeda sanctions committee on January 25, 2001. He was shot and killed on May 2, 2011 by U.S. forces who stormed his compound in Pakistan. The U.N. ...
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Italy's Monti says parties must allow government to be formed 
Monday, Feb 25, 2013 02:04 PM PST
ROME (Reuters) - Outgoing Italian Prime Minister Mario Monti said on Monday that all parties had a responsibility to ensure that a government could be formed after inconclusive elections left no party able to form a majority in the upper house. "A government for the country must be assured," he said but added that it would be premature to discuss possible outcomes. (Reporting By James Mackenzie)
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Comic Grillo stuns Italy with astonishing election showing 
Monday, Feb 25, 2013 01:53 PM PST
ROME (Reuters) - The outcome of Italy's national election is still uncertain but what is already clear is that the massive winner is Beppe Grillo, a shaggy haired comedian whose anti-establishment 5-Star movement could well become the country's largest party. It had been clear from weeks that Grillo, with his fiery invective against the traditional parties, was making impressive progress in the polls, but no pundits had imagined he could win around a quarter of the votes cast. ...
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Court grills FCC, Tennis Channel in Comcast discrimination suit 
Monday, Feb 25, 2013 01:52 PM PST
Tennis balls sit on the court before a match at the Australian Open, January 18, 2008.WASHINGTON (Reuters) - U.S. Court of Appeals judges on Monday hit hard against the Federal Communications Commission and Tennis Channel in a case alleging Comcast Corp discriminated against the sports network, even raising the possibility of rendering the entire case moot because it might have been filed too late. ...
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