Sunday, September 29, 2013

Daily News: Reuters News Headlines - Capitol quiet as federal government shutdown nears

Sunday, Sep 29, 2013 08:44 PM PDT
Today's Reuters News Headlines - Yahoo! News:

Capitol quiet as federal government shutdown nears 
Sunday, Sep 29, 2013 08:44 PM PDT
U.S. President Barack Obama meets with senior staff at the White House in WashingtonBy David Lawder and Richard Cowan WASHINGTON (Reuters) - With a deadline to avert a federal government shutdown fast approaching, the U.S. Capitol was eerily quiet on Sunday as Republicans and Democrats waited for the other side to blink first and break the impasse over funding. The Republican-controlled House of Representatives early on Sunday passed a measure that ties government funding to a one-year delay of President Barack Obama's landmark healthcare restructuring law. Senate Democrats have vowed to quash it. ...
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Amid rare unity, U.N. Security Council mulls action on Syria aid 
Sunday, Sep 29, 2013 04:49 PM PDT
A man distributes bags donated from UNICEF to young students in RaqqaBy Michelle Nichols UNITED NATIONS (Reuters) - After adopting a hard-fought, Russian-backed resolution to rid Syria of chemical weapons, the U.N. Security Council is now turning its attention to the country's dire humanitarian crisis, putting to the test its fragile consensus on the conflict. The Security Council is considering a statement to try to boost aid access in Syria by urging Syrian authorities to allow cross-border deliveries from neighboring countries and asking parties to the conflict to hold humanitarian pauses in the fighting. ...
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Kerry sees potential for quick Iran nuclear deal 
Sunday, Sep 29, 2013 09:22 PM PDT
U.S. Secretary of State Kerry takes his seat moments before the U.N. Security council voted unanimously in favor of a resolution eradicating Syria's chemical arsenal during a Security Council meeting at the 68th U.N. General Assembly in New YorkWASHINGTON (Reuters) - Secretary of State John Kerry said a deal on Iran's nuclear program could be reached relatively quickly, and it would have the potential to dramatically improve the relationship between the two countries. Kerry said intensifying diplomatic efforts to resolve the dispute over Iran's nuclear program could produce an agreement within the three- to six-month time frame that Iranian President Hassan Rouhani has called for. ...
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Italian political crisis threatens to split Berlusconi camp 
Sunday, Sep 29, 2013 05:24 PM PDT
Italian President Giorgio Napolitano waves to reporters at the Quirinale palaceBy James Mackenzie ROME (Reuters) - Silvio Berlusconi's bid to push Italy into new elections faces a test on Monday when he meets lawmakers from his center-right party who have shown growing unease over his shock decision to pull support from Prime Minister Enrico Letta's coalition. Berlusconi's decision to order the five ministers from his People of Freedom (PDL) party to resign from Letta's cabinet has plunged Italy into political chaos and left the euro zone's third-largest economy without a functioning government. ...
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Analysis: New trial for Boeing as Norwegian demands 787 repairs 
Sunday, Sep 29, 2013 07:40 PM PDT
The Boeing 787 Dreamliner airplane is seen in Long BeachBy Tim Hepher and Alwyn Scott PARIS/NEW YORK (Reuters) - The brochure for Boeing Co's aircraft repair service makes a simple assertion: "No one knows Boeing airplanes better than Boeing." Now that claim is being put to a visible test as budget airline Norwegian Air Shuttle ASA grounded a brand new, $212 million 787 Dreamliner over the weekend. The airline demanded Boeing fix the state-of-the-art jet, saying it needs repairs after less than 30 days in service. ...
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Austrian parties set to renew grand coalition after election slap 
Sunday, Sep 29, 2013 03:02 PM PDT
Austrian Chancellor and leader of the Social Democratic Party Faymann addresses supporters after first projections in the Austrian general election in ViennaBy Michael Shields and Georgina Prodhan VIENNA (Reuters) - Austria's pro-Europe, centrist coalition partners face weeks of hard bargaining to extend their seven years in power after voters gave them only a tiny combined majority while boosting the far right and a new liberal party. Chancellor Werner Faymann's Social Democrats (SPO) offered talks with their conservative People's Party (OVP) allies to ensure that the two parties that have dominated post-war politics stay in power. ...
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Analysis: Default or not, Asia a hostage to U.S. debt 
Sunday, Sep 29, 2013 02:11 PM PDT
Japanese 10,000 yen notes, $100 notes and Chinese 100 yuan notes at the main office of the Korea Exchange Bank are seen in this picture illustration taken in SeoulBy Choonsik Yoo and Kevin Yao SEOUL/BEIJING (Reuters) - Unless the U.S. Congress settles a political showdown to raise the country's debt ceiling in coming weeks, it will be left on the edge of an unprecedented default. But America's main creditors in Asia may be the least of its worries. The creditors - China, Japan and other Asian governments - have a hoard of U.S. Treasuries in their $5 trillion cache of foreign exchange reserves, the equivalent of almost a third of U.S. gross domestic product. ...
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China opens new trade zone in Shanghai, reform plans unveiled 
Sunday, Sep 29, 2013 08:55 AM PDT
Container trucks drive past the container area at the Yangshan Deep Water Port, part of the newly announced Shanghai Free Trade Zone, south of ShanghaiBy Gabriel Wildau and Pete Sweeney SHANGHAI (Reuters) - China opened a new free trade zone in Shanghai on Sunday in what has been hailed as potentially the boldest reform in decades, and gave fresh details on plans to liberalize regulations governing finance, investment and trade in the area. Officials gave no details on when specific initiatives will be implemented but the government has said most will be introduced in the next three years. ...
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Gunmen kill students as they sleep in Nigerian college 
Sunday, Sep 29, 2013 10:49 AM PDT
Militants kill sleeping studentsBy Joe Hemba DAMATURU, Nigeria (Reuters) - Suspected Islamist militants stormed a college in northeastern Nigeria and shot dead around 40 male students, some of them while they slept early on Sunday, witnesses said. The gunmen, thought to be members of rebel sect Boko Haram, attacked one hostel, took some students outside before killing them and shot others trying to flee, people at the scene told Reuters. "They started gathering students into groups outside, then they opened fire and killed one group and then moved onto the next group and killed them. ...
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Kenya raps U.S. over 'unfriendly' travel warning after attack 
Sunday, Sep 29, 2013 10:32 AM PDT
By Matthew Mpoke Bigg and Pascal Fletcher NAIROBI (Reuters) - Kenya rebuked the United States on Sunday for warning its citizens over travel to the east African country after the September 21 Nairobi mall attack, calling the alert "unfriendly" and asking Washington to lift it. Interior Minister Joseph Ole Lenku delivered the diplomatic slap when he updated reporters on a government investigation into the assault carried out eight days ago by Islamist militants on the crowded upmarket Westgate centre. ...
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Capitol quiet as federal government shutdown nears 
Sunday, Sep 29, 2013 04:28 PM PDT
By David Lawder and Richard Cowan WASHINGTON (Reuters) - With a deadline to avert a federal government shutdown fast approaching, the U.S. Capitol was eerily quiet on Sunday as Republicans and Democrats waited for the other side to blink first and break the impasse over funding. The Republican-controlled House of Representatives early on Sunday passed a measure that ties government funding to a one-year delay of President Barack Obama's landmark healthcare restructuring law. Senate Democrats have vowed to quash it. ...
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Kerry sees potential for quick Iran nuclear deal 
Sunday, Sep 29, 2013 04:02 PM PDT
U.S. Secretary of State Kerry takes his seat moments before the U.N. Security council voted unanimously in favor of a resolution eradicating Syria's chemical arsenal during a Security Council meeting at the 68th U.N. General Assembly in New YorkWASHINGTON (Reuters) - Secretary of State John Kerry said a deal on Iran's nuclear weapons program could be reached relatively quickly, and it would have the potential to dramatically improve the relationship between the two countries. Kerry said intensifying diplomatic efforts to resolve the dispute over Iran's nuclear program could produce an agreement within the three- to six-month time frame that Iranian President Hassan Rouhani has called for. ...
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Analysis: New trial for Boeing as Norwegian demands 787 repairs 
Sunday, Sep 29, 2013 03:08 PM PDT
The Boeing 787 Dreamliner airplane is seen in Long BeachBy Tim Hepher and Alwyn Scott PARIS/NEW YORK (Reuters) - The brochure for Boeing Co's aircraft repair service makes a simple assertion: "No one knows Boeing airplanes better than Boeing." Now that claim is being put to a visible test as budget airline Norwegian Air Shuttle ASA grounded a brand new, $212 million 787 Dreamliner over the weekend. The airline demanded Boeing fix the state-of-the-art jet, saying it needs repairs after less than 30 days in service. ...
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Italian president hopes to solve political crisis without new vote 
Sunday, Sep 29, 2013 04:28 PM PDT
Italian President Giorgio Napolitano waves to reporters at the Quirinale palaceBy Alessandra Galloni and James Mackenzie ROME (Reuters) - Italy's president began talks on Sunday to pull the country out of a new political crisis, attempting to undercut a move by former Prime Minister Silvio Berlusconi to bring down the government and force new elections seven months after the last vote. For the third time since 2011, Italian President Giorgio Napolitano is trying to steer the country out of political chaos that has proven a major threat, not only to the euro zone's third-largest economy, but to the region's efforts to halt its four-year debt crisis. ...
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Suicide bomber kills 40 at Iraq mosque 
Sunday, Sep 29, 2013 10:49 AM PDT
By Ali al-Rubaie HILLA, Iraq (Reuters) - At least 40 people were killed when a suicide bomber blew himself up at a Shi-ite Muslim funeral in a southern Iraqi town on Sunday. The blast brought down the ceiling of the mosque in Mussayab, 60km (40 miles) south of the capital Baghdad. Police said some bodies were still trapped beneath the debris. At least 50 people were wounded. Those inside had been mourning the death of a man killed a day earlier by militants. "Until now, we are trying to retrieve bodies from under the debris. Most of the bodies were torn to pieces. ...
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Market bombing kill 33 in Pakistan's Peshawar: police 
Sunday, Sep 29, 2013 04:08 PM PDT
By Hamid Ullah Khan PESHAWAR, Pakistan (Reuters) - Twin blasts in the northwestern Pakistani city of Peshawar killed 33 people and wounded 70 on Sunday, a week after bombings at a church there killed scores, police and hospital authorities said. Islamist violence has been on the rise in Pakistan in recent months, undermining Prime Minister Nawaz Sharif's efforts to tame the insurgency by launching peace talks with the Taliban. The blasts outside a police station hit an area known as Quiswakhani, or the storytellers' bazaar, crowded with shoppers. ...
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India, Pakistan leaders say they want better ties but reach no concrete agreements 
Sunday, Sep 29, 2013 11:26 AM PDT
Pakistan's PM Sharif shakes hands with India's PM Singh during the United Nations General Assembly in New YorkBy Paul Eckert NEW YORK (Reuters) - Indian Prime Minister Manmohan Singh and his Pakistani counterpart, Nawaz Sharif, agreed on Sunday to work to restore a cross-border ceasefire after a spate of shootings in order to improve strained ties, officials said. Singh and Sharif met on the sidelines of the United Nations General Assembly, amid heightened tension between the nuclear-armed neighbors over the Kashmir region, sparked by series of fatal clashes on their de facto Himalayan border. ...
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Global Economy: Faith in revival put to test 
Sunday, Sep 29, 2013 12:17 PM PDT
A container ship is seen at the Yangshan Deep Water Port, part of the newly announced Shanghai Free Trade Zone, south of ShanghaiLONDON (Reuters) - Yet another budget showdown in Washington and yet another government crisis in Italy herald more turbulence for a global economy growing well below trend. On top of these recurrent pitfalls, banks and households in Europe are still shedding debt, several big emerging economies are slowing and markets are struggling to decode the Federal Reserve's policy signals. No wonder that words like 'modest' and 'moderate' pepper many of the latest growth outlooks. ...
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Assad says Syria will respect U.N. chemical weapons accords: Italian TV 
Sunday, Sep 29, 2013 08:32 AM PDT
ROME (Reuters) - Syria will respect United Nations accords on chemical weapons, President Bashar al-Assad told Italian television station RaiNews24 on Sunday. "We joined the international agreement against the acquisition and use of chemical weapons even before this resolution was passed," he said when asked if Syria would comply with Friday's U.N. resolution. The U.N. Security Council adopted a resolution on Friday that demands the eradication of Syria's chemical weapons but does not threaten automatic punitive action against Assad's government if it does not comply. ...
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At least 16 dead as Syrian school hit in air strike: activists 
Sunday, Sep 29, 2013 10:47 AM PDT
A man looks at one of the walls of the secondary school that is covered with blood after activists said it was hit by an air strike from forces loyal to President Bashar Al-Assad in RaqqaBEIRUT (Reuters) - At least 16 people, most of them students, were killed in an air strike that hit a secondary school in the rebel-held Syrian city of Raqqa on Sunday, activists said. Fighting continued across the country including in the outskirts of the capital, underlining the relentless nature of the civil war in the face of international efforts to destroy Syria's chemical arms and revive peace talks. Raqqa in northeastern Syria has been under the control of insurgents fighting to oust President Bashar al-Assad since March but the city has been regularly bombed by government forces. ...
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Greek far-right lawmakers to make pleas against criminal charges on Tuesday 
Sunday, Sep 29, 2013 10:17 AM PDT
Lawmaker of extreme-right Golden Dawn party Christos Pappas shouts as he leaves the Greek police headquarters in AthensBy Renee Maltezou ATHENS (Reuters) - The leader of Greece's far-right Golden Dawn party and four more of its lawmakers will appear in court on Tuesday to enter pleas on charges of belonging to a criminal organization after being arrested following the killing of an anti-fascist rapper. They spent nine hours with prosecutors overnight and were taken at 3:30 a.m. (0030 GMT) back to police headquarters where they will be held until they appear before an investigating magistrate on Tuesday. ...
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UK's Cameron touts housing plan and rights accord exit 
Sunday, Sep 29, 2013 07:18 AM PDT
Britain's Prime Minister David Cameron listens as he appears on the BBC's Andrew Marr Show, on the first day of the of the Conservative Party annual conference in ManchesterBy Guy Faulconbridge and Andrew Osborn MANCHESTER, England (Reuters) - British Prime Minister David Cameron began setting out his stall for the 2015 election on Sunday by talking up a contested plan to boost home ownership and suggesting Britain may ditch Europe's main human rights treaty, an object of hatred for Euroskeptics. ...
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Iran is biggest test for Obama's often rocky ties with Netanyahu 
Sunday, Sep 29, 2013 07:34 AM PDT
Iranian Americans protest against a conversation between Obama and Rouhani, outside the White HouseBy Matt Spetalnick and Dan Williams WASHINGTON/JERUSALEM (Reuters) - Six months after President Barack Obama eased a strained relationship with Prime Minister Benjamin Netanyahu during a visit to Israel dubbed "Operation Desert Schmooze," the two leaders now face the biggest test of whether they can work together - and the stakes are higher than ever. A diplomatic charm offensive by new Iranian President Hassan Rouhani has suddenly opened up a gap between the White House and Netanyahu's government. ...
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EU bank bailout roulette awaits Monte dei Paschi investors 
Sunday, Sep 29, 2013 01:34 AM PDT
The main entrance to Monte Dei Paschi bank headquarters is pictured in SienaBy Laura Noonan LONDON (Reuters) - Investors awaiting the finer points of Monte dei Paschi's restructuring plan could soon find themselves wishing their bank had run aground at another time and place in the euro zone financial crisis. After approving more than 5 trillion euros of state aid to its financial system over the past five years, the European Union has switched the burden of bank bailouts away from taxpayers and onto shareholders, bondholders and big depositors. ...
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Tokyo Electric sees profit without rate hike: paper 
Sunday, Sep 29, 2013 12:02 AM PDT
TEPCO President Naomi Hirose, the operator of tsunami-crippled Fukushima Daiichi plant, speaks to the media in TokyoTOKYO (Reuters) - Tokyo Electric Power Co, the operator of the crippled Fukushima plant, will likely turn a profit for the first time in three years in the current business year, without raising electricity rates or restarting reactors, its president was quoted as saying on Sunday. Naomi Hirose's remarks in the Asahi Shimbun daily come after the utility on Friday applied to restart its Kashiwazaki Kariwa nuclear plant in northwestern Japan, a key step in its planned recovery plan from the Fukushima disaster. "There is a possibility of (Kashiwazaki Kariwa) restart within the next business year. ...
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