Wednesday, July 18, 2012

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Wednesday, July 18, 2012 8:30 PM PDT
Today's Politics - Bloomberg News Headlines - Yahoo! News:
Mexico leftist alleges money laundering in presidential election
Wed,18 Jul 2012 07:56 PM PDT
Reuters -

Andres Manuel Lopez Obrador shows off a bank card as an evidence of vote-buying during a news conference in Mexico CityMEXICO CITY (Reuters) - Mexico's leftist runner-up in the July 1 presidential election stepped up his campaign on Wednesday to annul the vote by accusing President-elect Enrique Pena Nieto of using laundered money to fund his campaign. Andres Manuel Lopez Obrador said he had found evidence that shell companies were set up to funnel money into the coffers of Pena Nieto's Institutional Revolutionary Party, or PRI, during the campaign. Over 100 million pesos ($7.6 million) were used to buy prepaid debit cards handed out to voters to support Pena Nieto, Lopez Obrador alleged. ...


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No sign of Assad after bomb kills kin, rebels close in
Wed,18 Jul 2012 07:50 PM PDT
Reuters -

File handout photo of Syria's President Assad standing with Fahad Jassim al-Freij and Daoud Rajha in DamascusBEIRUT/AMMAN (Reuters) - Mystery surrounded the whereabouts of Syrian President Bashar al-Assad on Thursday, a day after a bomber killed and wounded his security chiefs and rebels closed in on the centre of Damascus, vowing to "liberate" the capital. The Syrian leader made no public appearance and no statement after a bomber killed his powerful brother-in-law, his defense minister and a top general. By the early hours of Thursday, residents had reported no let-up in the heaviest fighting to hit the capital in a 16-month revolt against Assad's rule. ...


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South Carolina lawmakers restore state funding for arts, teachers
Wed,18 Jul 2012 07:41 PM PDT
Reuters - CHARLESTON, South Carolina (Reuters) - South Carolina lawmakers voted in a special session on Wednesday to override dozens of budget vetoes by the state's governor that cut funding for teachers' pay raises, an arts commission, and non-profit rape crisis centers. Republican Governor Nikki Haley earlier this month vetoed $67.5 million of the state's $6.7 billion spending plan for 2012-2013 in a effort to shut down state programs she said "don't work. ... Full Story
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China offers Africa $20 billion in loans
Wed,18 Jul 2012 07:31 PM PDT
Reuters - BEIJING (Reuters) - Chinese President Hu Jintao on Thursday offered $20 billion in loans to African countries over the next three years, twice what it offered for the prior three-year period. Hu made the announcement in a speech to African leaders in Beijing at a summit held every three years. In 2009, Chinese Premier Wen Jiabao promised Africa $10 billion in concessional loans, while Hu unveiled $5 billion in loans and credit at the 2006 summit. (Reporting by Ben Blanchard; Editing by Jason Subler) Full Story
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Scalia says no fallout with Roberts over healthcare decision
Wed,18 Jul 2012 07:21 PM PDT
Reuters -

Courtroom illustration shows Deputy Solicitor General Edwin Kneedler speaking to Justice Antonin Scalia and Chief Justice John Roberts of the U.S. Supreme Court in WashingtonWASHINGTON (Reuters) - U.S. Supreme Court Justice Antonin Scalia said there was no bad blood between himself and Chief Justice John Roberts, who stunned conservatives by voting to uphold President Barack Obama's healthcare law. In a rare interview that aired on Wednesday night, Scalia also told CNN he had "no regrets" over the court's 5-4 decision that swung the 2000 presidential election to Republican George W. Bush. Scalia's response to critics of the ruling, which he says is the one most frequently raised with him, is "get over it. ...


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Cameron sees no end to UK austerity: report
Wed,18 Jul 2012 06:47 PM PDT
Reuters - LONDON (Reuters) - British Prime Minister David Cameron said on Thursday that he cannot see an end to the government's austerity program while Britain tackles its huge budget deficit amid deteriorating economic conditions. Cameron indicated that Britain's program of spending cuts, initially planned to take five years, could last until 2020. "This is a period for all countries, not just in Europe, but I think you will see it in America too, where we have to deal with our deficits and we have to have sustainable debts. I can't see any time soon when ... ... Full Story
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Colombian forces clash with indigenous group, blame rebels
Wed,18 Jul 2012 06:46 PM PDT
Reuters -

Indigenous residents escort Colombian soldiers to deliver them to authorities in Caldono in the province of CaucaBOGOTA (Reuters) - Colombian security forces clashed on Wednesday with indigenous activists who stormed a hill-top military base in the volatile south as critics lambasted President Juan Manuel Santos for failing to protect troops. Riot police using tear gas and armored vehicles battled youths hurling stones, wounding at least 26 protesters and killing one, in the second day of violence in Cauca province, an indigenous group and local media said. ...


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Muslim congregation may use new mosque for Ramadan, judge rules
Wed,18 Jul 2012 06:23 PM PDT
Reuters - NASHVILLE, Tennessee (Reuters) - A federal judge on Wednesday ordered a Tennessee county to conduct a building inspection that is expected to clear the way for a new Muslim mosque near Nashville to open for Ramadan observances, which begin at sundown Thursday. District Chief Judge Todd Campbell granted a temporary restraining order - sought by the Islamic Center and backed by a U.S. Department of Justice lawsuit - to allow worshipers to begin using the new facility in Murfreesboro, Tennessee after the building inspection later on Wednesday. ... Full Story
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Obama, Putin talk as U.S. says Assad losing grip on Syria
Wed,18 Jul 2012 05:53 PM PDT
Reuters - WASHINGTON (Reuters) - The United States said on Wednesday that Syrian President Bashar al-Assad was losing control of his country and urged Russia and the international community to get behind a political transition plan to avert sectarian civil war. U.S. President Barack Obama called Russian President Vladimir Putin - Assad's main international supporter - after a Damascus bomb blast killed Syria's defense minister and Assad's brother-in-law, throwing the 16-month old rebellion onto an unpredictable new path. ... Full Story
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U.N. Security Council delays Syria vote until Thursday
Wed,18 Jul 2012 05:53 PM PDT
Reuters - UNITED NATIONS (Reuters) - The U.N. Security Council delayed until Thursday a vote on a Western-backed resolution that threatens Syrian authorities with sanctions and is aimed at ending the 16-month conflict, diplomats said on Wednesday. International envoy Kofi Annan earlier had requested that the vote, which was planned for later on Wednesday, be postponed because he wanted to "ensure all efforts were made for U.N. Security Council to speak with one voice and agree on concerted pressure," Britain's U.N. mission said on Twitter. "We will be voting tomorrow morning," Britain's U.N. ... Full Story
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New state laws make getting abortions tougher in U.S.: report
Wed,18 Jul 2012 05:48 PM PDT
Reuters - TUPELO, Mississippi (Reuters) - American women face increasing legal obstacles to obtaining abortions as more states pass laws restricting access, some so stringent they approach a ban on the procedure, according to a report issued on Wednesday by the Center for Reproductive Rights. The New York-based advocacy group cited nearly 40 laws enacted across 15 states this year having the potential to restrict women's access to reproductive health care, nearly 40 years after the U.S. Supreme Court's decision in Roe v. Wade made the controversial procedure legal. ... Full Story
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Boxed in on taxes, Romney says Obama dislikes success
Wed,18 Jul 2012 05:47 PM PDT
Reuters -

U.S. Republican presidential candidate Mitt Romney speaks at a Victory town hall in Bowling GreenBOWLING GREEN, Ohio/WASHINGTON (Reuters) - Mitt Romney accused President Barack Obama on Wednesday of demonizing business success, as the Republican tried to ignore questions about his personal finances that threaten to damage his presidential bid. Weeks of attacks by Obama about his taxes and business past are preventing Romney from focusing voters' minds on the White House's handling of the weak economy. ...


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Belize studies move to decriminalize marijuana possession
Wed,18 Jul 2012 05:46 PM PDT
Reuters - GUATEMALA CITY (Reuters) - Belize is studying a plan to decriminalize possession of small quantities of marijuana, joining other Latin American nations that are trying to find novel ways to battle drug trafficking. Belize appointed a government committee this week to study ending jail terms for the possession of up to 10 grams of marijuana and replacing penalties with small fines and drug education courses, the government said in a statement. Possession of 60 grams or less of cannabis is punishable by up to $50,000 in fines or three years in prison. ... Full Story
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Obama condemns deadly bus attack on Israelis in Bulgaria
Wed,18 Jul 2012 05:36 PM PDT
Reuters - WASHINGTON (Reuters) - U.S. President Barack Obama strongly condemned an attack on Wednesday that killed at least four Israeli tourists in an explosion on a bus outside a Bulgarian airport. "The United States will stand with our allies, and provide whatever assistance is necessary to identify and bring to justice the perpetrators of this attack," Obama said in a statement, calling the attack "completely outrageous." (Reporting By Alister Bull; Editing by Sandra Maler) Full Story
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Israeli prime minister blames Iran for Bulgaria bomb
Wed,18 Jul 2012 05:36 PM PDT
Reuters - JERUSALEM (Reuters) - Israeli Prime Minister Benjamin Netanyahu on Wednesday blamed Iran for a bomb blast which killed at least three people in the Bulgarian resort of Burgas and said Israel would respond. "All the signs lead to Iran. Only in the past few months we have seen Iranian attempts to attack Israelis in Thailand, India, Georgia, Kenya, Cyprus and other places," Netanyahu said in a statement. "Eighteen years exactly after the blast at the Jewish community center in Argentina, murderous Iranian terror continues to hit innocent people. ... Full Story
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Consumer agency fines Capital One for card marketing
Wed,18 Jul 2012 04:54 PM PDT
Reuters -

Capital One Financial Corp building in McLean VirginiaWASHINGTON (Reuters) - Capital One Financial agreed to pay $210 million to resolve charges by banking regulators that its call-center representatives misled consumers into paying for extra credit card products. The enforcement action, announced on Wednesday, is the first by the Consumer Financial Protection Bureau, which said it unearthed the activities through an examination of the bank. The CFPB was created by the 2010 Dodd-Frank financial reform law and is nearing its one-year anniversary. ...


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Lawmakers slam Afghan war as defense funding debate begins
Wed,18 Jul 2012 04:45 PM PDT
Reuters - WASHINGTON (Reuters) - Condemning the war in Afghanistan as a waste of lives and money, U.S. lawmakers on Wednesday debated whether to approve $608 billion in defense spending next year. A string of war-weary lawmakers from both parties in the House of Representatives expressed anger with corruption in the government of Afghan President Hamid Karzai, skepticism about any lasting progress toward resolving the conflict and exhaustion over the unending cost in lives and treasure. ... Full Story
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Scranton, Penn workers get full pay, at least this week
Wed,18 Jul 2012 04:39 PM PDT
Reuters - (Reuters) - City workers in Scranton, Pennsylvania, whose pay was slashed to minimum wage when the city was low on cash, will get full pay this week, but how much they get in the future is as uncertain as the city's ability to fill its coffers. In the latest twist of a fiscal saga that has grabbed attention around the world, Scranton officials said on Wednesday that the city was able to make its full payroll of $1.1 million. Checks to nearly 400 employees are due to go out on Friday. ... Full Story
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Canada national chief re-elected, vows to give voice
Wed,18 Jul 2012 04:34 PM PDT
Reuters -

Assembly of First Nations Chief Shawn Atleo speaks during a news conference in OttawaTORONTO (Reuters) - The national chief of Canada's First Nations aboriginals was re-elected on Wednesday in a vote of confidence for his non-confrontational approach with the Conservative federal government over its pro-development policies. Even though critics have said Shawn Atleo's relationship with Prime Minister Stephen Harper is too close, the British Columbia native leader cruised to victory in the third round of voting by chiefs at an assembly in Toronto. ...


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California city official to admit taking bribes over pot dispensaries
Wed,18 Jul 2012 04:31 PM PDT
Reuters - LOS ANGELES (Reuters) - A third former official in the Los Angeles suburb of Cudahy will plead guilty to accepting a $7,000 bribe for agreeing to support a medical marijuana dispensary in the small city, federal prosecutors said on Wednesday. Former Cudahy City Councilman Osvaldo Conde, 50, who recently resigned his post, has agreed to plead guilty to bribery and extortion charges, U.S. Attorney's Office spokesman Thom Mrozek said. ... Full Story
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No charges against military troops in Colombia prostitution scandal
Wed,18 Jul 2012 04:25 PM PDT
Reuters - WASHINGTON (Reuters) - The military said on Wednesday it would not pursue criminal charges against 10 service members implicated in the Secret Service prostitution scandal in Colombia, opting for lesser punishments and, in one case, a simple letter of reprimand. U.S. military troops and Secret Service agents were helping provide security arrangements for President Barack Obama before his April visit to a summit in the seaside city of Cartagena. Secret Service employees were accused of bringing women, some of them prostitutes, back to their hotel rooms in Colombia. ... Full Story
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Muslim congregation seeks court order to use mosque for Ramadan
Wed,18 Jul 2012 03:38 PM PDT
Reuters - NASHVILLE, Tennessee (Reuters) - A Muslim congregation asked a federal court on Wednesday to order a Tennessee county to allow its nearly completed Islamic Center near Nashville to be used for the observance of Ramadan, which begins at sunset on Thursday. The U.S. government backed the action by suing the county in federal court to allow the congregation to immediately use the mosque. The legal actions added urgency to a long-running local fight over the mosque in Murfreesboro, Tennessee, about 30 miles from Nashville. ... Full Story
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Obama calls for 'Master Teachers' to help schools
Wed,18 Jul 2012 03:30 PM PDT
Reuters - WASHINGTON (Reuters) - President Barack Obama on Wednesday proposed a $1 billion program to recruit high-performing math and science teachers to mentor and evaluate their peers and help students excel. The so-called Master Teacher Corps program calls for recruiting 2,500 such educators at the outset and increasing that to 10,000 over four years, paying them $20,000 stipends on top of their base salaries. Each teacher would be required to serve at least four years. ... Full Story
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Spain borrowing costs to climb as growth concerns persist
Wed,18 Jul 2012 03:09 PM PDT
Reuters - MADRID (Reuters) - Spain's midterm borrowing costs are set to rise at an auction on Thursday as investors remain unconvinced the government can control its finances and revive growth, even after the broad set of spending cuts and tax hikes it unveiled last week. Spain aims to raise 2-3 billion euros ($2.4-$3.7 billion) from three issues of two- to seven-year debt, and secondary market prices suggest the yields will rise, even though short-term T-bill yields dropped from a month earlier at an auction on Tuesday. ... Full Story
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Merkel set to win Spanish aid vote despite rebels
Wed,18 Jul 2012 03:09 PM PDT
Reuters - BERLIN (Reuters) - German lawmakers look set to approve on Thursday Berlin's contribution to a euro zone aid package for Spain's ailing banks in a vote seen as a test of Chancellor Angela Merkel's authority within her centre-right coalition. Merkel can count on broad opposition support to push the bill through the Bundestag, the lower house of parliament, but some members of her own coalition, nervous about the rising costs of the euro zone debt crisis for Germany, may rebel. ... Full Story
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Influential Israeli Orthodox rabbi dies aged 102
Wed,18 Jul 2012 03:04 PM PDT
Reuters - JERUSALEM (Reuters) - Yosef Shalom Elyashiv, one of Israeli ultra-Orthodox Jewry's most influential rabbis, died in Jerusalem on Wednesday aged 102 and was buried after a huge funeral procession attended by an estimated 250,000 mourners. Elyashiv's many followers, including ultra-Orthodox lawmakers, sought his advice on a range of issues concerning daily life and religious edicts and he influenced the policies of the Shas party, a member of Prime Minister Benjamin Netanyahu's ruling coalition. ... Full Story
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Missile shield may spark China nuclear upgrade: officer
Wed,18 Jul 2012 02:48 PM PDT
Reuters -

Visitors walk past a Chinese-made missile at the Military Museum in BeijingVIENNA (Reuters) - China may need to modernize its nuclear arsenal to respond to the destabilizing effect of a planned U.S.-backed missile defense system, a senior Chinese military officer said on Wednesday. "It undermines the strategic stability," said Major General Zhu Chenghu of China's National Defense University about the U.S.-led development of a missile shield, which has also alarmed Russia. ...


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California moves forward on $68 billion high-speed rail project
Wed,18 Jul 2012 02:46 PM PDT
Reuters - SACRAMENTO (Reuters) - California moved full steam ahead on Wednesday with a $68 billion high speed rail project, a move that comes as the state slashes spending to close a nearly $16 billion budget deficit and as a string of its cities mull bankruptcy. At a ceremony in Los Angeles, Governor Jerry Brown signed an initial funding bill for the train project, clearing the way for construction of a 130-mile section of track through the state's agricultural heartland. ... Full Story
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Agriculture Secretary tells White House drought getting worse
Wed,18 Jul 2012 02:36 PM PDT
Reuters - WASHINGTON (Reuters) - The drought in the Midwest is getting worse for hard-hit farmers and the wilting crops will mean higher food prices, the top U.S. agriculture official told President Barack Obama at the White House on Wednesday. While USDA Secretary Tom Vilsack said he was praying everyday for rain, he told Obama the drought is not as bad as in the last great drought of 1988. "I get on my knees everyday and I'm saying an extra prayer right now," Vilsack said. "If I had a rain prayer or a rain dance I could do, I would do it. ... Full Story
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Avoiding shutdown battle won't be easy for Congress
Wed,18 Jul 2012 02:22 PM PDT
Reuters - WASHINGTON (Reuters) - Members of the Congress may not want a bruising government shutdown fight just weeks before November's elections but there are some early signs, worrying to senior Republicans, that they might get one anyway. It would be instigated by fiscally conservative Republicans who may not go along quietly in mid- to late-September with a short-term spending extension necessary to keep the government running when the fiscal year ends at the end of that month. ... Full Story
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Ferry capsizes off Zanzibar, at least 31 dead
Wed,18 Jul 2012 02:19 PM PDT
Reuters -

Residents carry the bodies of victims who died in a ferry tragedy in the Indian Ocean waters, at the port of ZanzibarSTONE TOWN, Zanzibar (Reuters) - A ferry with more than 250 people on board, including some foreigners, capsized and sank between the east African coast and the Zanzibar archipelago on Wednesday, killing at least 31 people, police said. Police Commissioner Mussa Ali Mussa said 145 people had been rescued and that the rescue mission was suspended until morning. The ferry, MV Skagit/Kalama, set sail from mainland Tanzania at around midday for Zanzibar, Tanzania's semi-autonomous archipelago and a popular tourist destination. "The latest count that we have is 31 people dead and 145 were rescued. ...


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Senate panel approves Russia trade, rights bill
Wed,18 Jul 2012 01:54 PM PDT
Reuters - WASHINGTON (Reuters) - The Senate Finance Committee on Wednesday unanimously approved a bill to ensure U.S. exporters share in the benefits of Russia's accession to the World Trade Organization but also to punish Russian officials for human rights violations. The legislation still faces an uphill battle to be passed before U.S. elections in November because of concern over Russia's ties to Syria and Iran that make it a politically difficult vote for some lawmakers. ... Full Story
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Canada says wins softwood lumber case vs United States
Wed,18 Jul 2012 01:02 PM PDT
Reuters - OTTAWA (Reuters) - An international arbitrator dismissed a complaint from the United States which accused Canadian lumber firms of violating a bilateral accord on softwood exports, Ottawa said on Wednesday. Washington had alleged Canadian producers were setting artificially low prices for wood from trees killed in a massive insect infestation in the Pacific province of British Columbia. Canadian Trade Minister Ed Fast said the London Court of International Arbitration had ruled for Canada. "This is good news for forestry workers in British Columbia. ... Full Story
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Ousted lesbian Scout leader persists in drive to end gay ban
Wed,18 Jul 2012 12:51 PM PDT
Reuters - IRVING, Texas (Reuters) - Ousted Cub Scout leader Jennifer Tyrrell of Ohio delivered petitions with more than 300,000 signatures to the Boy Scouts of America on Wednesday in the hopes of getting the Texas-based organization to lift its ban on gay scouts and scout leaders. Dressed in her scout uniform, Tyrrell, a lesbian, met with organization representatives briefly to deliver the petitions and again ask the Boy Scouts to remove an "outdated policy" of excluding gays. On Tuesday, the organization reaffirmed its stance based on the recommendations of a two-year study by an 11-member committee. ... Full Story
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Defense executives plead for Congress to avoid budget cuts
Wed,18 Jul 2012 12:50 PM PDT
Reuters - WASHINGTON (Reuters) - Defense executives warned lawmakers on Wednesday that they must quickly come up with a plan to avert $500 billion in automatic spending cuts because the uncertainty is forcing companies to move ahead with dramatic layoffs and plant closures. Lockheed Martin Chief Executive Robert Stevens said his company may have to let 10,000 employees go because of the automatic spending cuts that take effect in January. ... Full Story
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Colombia security forces clash with indigenous group
Wed,18 Jul 2012 12:43 PM PDT
Reuters - BOGOTA (Reuters) - Colombian security forces clashed on Wednesday with indigenous activists who stormed a hill-top military base in the volatile south as critics lambasted President Juan Manuel Santos for failing to protect troops. Riot police using tear gas and armored vehicles battled youth hurling stones, wounding at least 26 protesters and killing one, in the second day of violence in Cauca province, a FARC rebel stronghold, an indigenous group and local media said. ... Full Story
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Report criticizes Vatican bank, urges more reform
Wed,18 Jul 2012 12:27 PM PDT
Reuters - VATICAN CITY (Reuters) - A European report on Wednesday identified serious failings in the Vatican's bank and gave the Holy See a negative rating in almost half of the most transparency related criteria. The milestone report by Moneyval, a department of the Council of Europe, welcomed reforms enacted so far but suggested the Vatican still has a long way to go before it can be included on an international "white list" of countries that abide by global norms on combating money laundering, the financing of terrorism and tax evasion. ... Full Story
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Lawsuit asks U.S. to explain killings of Americans in Yemen
Wed,18 Jul 2012 12:04 PM PDT
Reuters -

Obama delivers remarks at Ft. Meyer in VirginiaWASHINGTON (Reuters) - The families of U.S.-born al Qaeda militant Anwar al-Awlaki and two other U.S. citizens who were killed in Yemen are questioning the deaths in court in the latest challenge to President Barack Obama's conduct of drone attacks abroad. The lawsuit filed on Wednesday tests the Obama administration's position that, under the laws of war, it can target for secret, lethal strikes Americans who join al Qaeda or an affiliate if there is an imminent threat to the United States and capturing them is not feasible. ...


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Romney ad questions Obama's economic stimulus measures
Wed,18 Jul 2012 11:58 AM PDT
Reuters -

U.S. Republican presidential candidate Mitt Romney speaks at a Victory town hall in Bowling GreenWASHINGTON (Reuters) - Republican presidential candidate Mitt Romney, trying to deflect criticism of his lucrative past career as a private equity executive, counter attacked President Barack Obama with a new television ad. "Where Did All the Obama Stimulus Money Go?" asks the TV spot paid for by Romney's campaign. It accuses Democrat Obama's administration of helping "friends, donors, campaign, supporters, special interest groups. ...


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Goldman's Blankfein: Libor scandal undermines financial system
Wed,18 Jul 2012 11:53 AM PDT
Reuters - (Reuters) - The unfolding scandal involving global banks' attempts to manipulate benchmark interest rates undermines the financial system by chipping away at public trust, Goldman Sachs Chief Executive Lloyd Blankfein said on Wednesday. Blankfein said financial scandals like the one surrounding the London Interbank Offered Rate, or Libor, create uncertainty that only builds on the American public's mistrust of the industry after the 2007-2009 financial crisis. ... Full Story
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