Analysis: Republicans own worst enemy in debt talks Wed,13 Jul 2011 10:16 PM PDT Reuters - WASHINGTON (Reuters) - Republican leaders trying to wrangle deep spending cuts from President Barack Obama face an even more implacable negotiating partner: their own rank and file. Full Story | |
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Wisconsin Democrats say likely to recall governor in 2012 Wed,13 Jul 2011 03:16 PM PDT Reuters - MADISON (Reuters) - Wisconsin Democrats are increasingly confident that efforts to recall the state's Republican governor in 2012 will succeed, a top official said on Wednesday, after the party scored an early win in its battle to unseat Republicans who backed a controversial anti-union law. Full Story | |
Pakistan's ISI chief visits U.S. as ties founder Wed,13 Jul 2011 01:56 PM PDT Reuters - ISLAMABAD/WASHINGTON (Reuters) - The head of Pakistan's powerful spy agency traveled to Washington on Wednesday for talks with CIA officials and lawmakers just days after the United States suspended a third of its aid to Pakistan military because of deepening tensions. Full Story | |
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No alternative to raising debt ceiling: White House Wed,13 Jul 2011 10:17 AM PDT Reuters - WASHINGTON (Reuters) - There is no alternative to raising the debt ceiling, and "heinous choices" about which bills would have to be paid first in the event of a default are a matter of due diligence, the White House said on Wednesday. Full Story | |
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New rules put clamp on chatty Fed officials Wed,13 Jul 2011 05:34 AM PDT Reuters - WASHINGTON (Reuters) - The Federal Reserve, in a push to control the often wayward communications of its top officials, issued detailed rules on Tuesday dictating what they can and cannot do. Full Story | |
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Democrats win early victory in Wisconsin recall primary Tue,12 Jul 2011 09:54 PM PDT Reuters - MILWAUKEE (Reuters) - Wisconsin Democrats won a preliminary victory on Tuesday in a bid to unseat Republican lawmakers who voted for a controversial anti-union law in the first of a series of special recall elections. Full Story | |
Senator calls for investigation of News Corp Tue,12 Jul 2011 05:56 PM PDT Reuters - NEW YORK (Reuters) - A senator called for an investigation of News Corp following the telephone hacking scandal at one of its British newspapers, signaling the crisis could spread to the United States. Full Story | |
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McConnell offers "backup" debt limit plan Tue,12 Jul 2011 12:11 PM PDT Reuters - WASHINGTON (Reuters) - Senate Republican leader Mitch McConnell proposed a "backup plan" on Tuesday that would allow a divided Congress to raise the debt ceiling with just the votes of Democrats. Full Story | |
Bill to reform Fannie, Freddie unlikely soon Tue,12 Jul 2011 12:02 PM PDT Reuters - WASHINGTON (Reuters) - The U.S. housing finance system badly needs an overhaul, but chances for winding down ailing mortgage giants Fannie Mae and Freddie Mac in the near term are remote, the top Republican on the U.S. House of Representatives Financial Services Committee said on Tuesday. Full Story | |
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Business leaders urge action on debt ceiling Tue,12 Jul 2011 08:18 AM PDT Reuters - WASHINGTON (Reuters) - U.S. business leaders on Tuesday urged Congress and the White House to reach a deal to raise the federal debt ceiling and reduce the deficit in order to avoid dire economic consequences and set the stage for a stronger recovery. Full Story | |
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Boeing tanker strategy shifts $600 million to taxpayer Mon,11 Jul 2011 08:31 PM PDT Reuters - WASHINGTON (Reuters) - Boeing Co's winning bid for the U.S. Air Force's fiercely contested tanker development deal means it likely will show no profit in the program's first phase and shift $600 million in development costs to taxpayers, new government figures showed. Full Story | |
U.S. aid cut to Pakistan could hurt economy Mon,11 Jul 2011 02:51 PM PDT Reuters - ISLAMABAD (Reuters) - A U.S. decision to suspend $800 million in military aid will not affect Pakistani army operations, a Pakistani military spokesman said on Monday. But analysts say the move is likely to fray ties and could harm the country's economy. Full Story | |
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U.S. aid cut to Pakistan could hurt economy Mon,11 Jul 2011 11:21 AM PDT Reuters - ISLAMABAD (Reuters) - A U.S. decision to suspend $800 million in military aid will not affect Pakistani army operations, a Pakistani military spokesman said on Monday. But analysts say the move is likely to fray ties and could harm the country's economy. Full Story | |
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Obama rejects any short-term deal on debt ceiling Mon,11 Jul 2011 08:26 AM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama said on Monday that he would refuse to consider a short-term stop gap measure to raise the debt ceiling. Full Story | |
Factbox: What's on the table in debt talks Mon,11 Jul 2011 08:23 AM PDT Reuters - (Reuters) - President Barack Obama and congressional leaders resume their White House talks on Monday to see if they have the makings of a deal to trim budget deficits and avert a looming default. Full Story | |
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U.S. sticks to guns on ousting Libya's Gaddafi Sun,10 Jul 2011 02:17 PM PDT Reuters - WASHINGTON (Reuters) - The United States remains firm that Libyan leader Muammar Gaddafi must give up his 41-year rule, the State Department said on Sunday, after France's defense minister advocated a compromise with Libyan rebels. Full Story | |
Showdown looming on Korea trade without deal soon Sun,10 Jul 2011 12:18 PM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama appears headed toward a fight with Republicans over a long-delayed trade deal with U.S. ally South Korea, even though both sides say they want it to pass Congress. Full Story | |
U.S. accuses Syria of stirring protest outside embassy Sun,10 Jul 2011 12:09 PM PDT Reuters - WASHINGTON (Reuters) - The United States accused Syria of having organized an angry 31-hour protest outside the U.S. Embassy in Damascus over the weekend while the U.S. ambassador told the foreign minister that such anti-American "incitement" must stop. Full Story | |
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