 WASHINGTON (Reuters) - The United States is poised to step back from the brink of economic disaster on Tuesday as a bitterly fought deal to cut the budget deficit is expected to clear the Senate and President Barack Obama's desk. | |
 TOKYO (Reuters) - Japan primed financial markets on Tuesday for currency intervention after the yen tested record highs overnight, signaling it may try to tame the unit with a combination of yen-selling and monetary easing. | |
 AMMAN (Reuters) - A two-day assault by Syrian government forces on anti-government protesters in the city of Hama was widely condemned in the West and prompted European powers to relaunch a dormant U.N. resolution condemning Damascus for its crackdown. | |
 TRIPOLI/BENGHAZI (Reuters) - Libyans entered the Muslim holy month of Ramadan on Monday with no let-up in the five-month conflict after Muammar Gaddafi sought to divide a rebellion threatening him on several fronts. | |
 LAKE SELIGER, Russia (Reuters) - Russian Prime Minister Vladimir Putin accused the United States Monday of living beyond its means "like a parasite" on the global economy and said dollar dominance was a threat to the financial markets. | |
 FRANKFURT (Reuters) - Financial markets will be watching the European Central Bank on Thursday for any hints that recent signs of an economic slowdown and the unrelenting debt crisis have lowered the chances of another rate hike this year. | |
 WASHINGTON (Reuters) - The National Security Agency has a challenge for hackers who think they're hot stuff: prove it by working on the "hardest problems on Earth." | |
 WASHINGTON (Reuters) - Manufacturing grew at its slowest pace in two years in July as new orders contracted, casting doubt on expectations the faltering recovery would quickly regain steam. | |
 WASHINGTON (Reuters) - Tea Party conservatives scored their biggest political triumph with a debt-ceiling deal that cuts federal spending, but their hardline tactics could risk a voter backlash in the 2012 elections. | |
| Analysis: Storms ahead as debt deal sets up tax fight Mon,1 Aug 2011 05:38 PM PDT Reuters - WASHINGTON (Reuters) - If Congress passes the debt ceiling deal by Tuesday, as expected, it could trigger a battle over tax reform within weeks and turn Washington once again into a dateline for deadlock. Full Story | |
| Israel PM ready to discuss border "package": official Mon,1 Aug 2011 04:44 PM PDT Reuters - JERUSALEM (Reuters) - Israel has told Middle East power brokers it was ready to discuss a proposed package on borders with Palestinians to help Western powers revive stalled peace talks, an Israeli official said Monday. Full Story | |
 CENTRAL FALLS, Rhode Island (Reuters) - Central Falls, Rhode Island, one of a handful of U.S. cities and counties facing fiscal collapse in the wake of the economic recession, filed for a rare Chapter 9 bankruptcy on Monday. | |
 NEW YORK (Reuters) - The S&P 500 fell for a sixth day on Monday as time runs out for the government to pass a deal to avoid default and the economy showed further signs of stalling. | |
| NEW YORK (Reuters) - The S&P 500 fell for a sixth day on Monday as time runs out for the government to pass a deal to avoid default and the economy showed further signs of stalling. | |
 PARIS (Reuters) - Euro group chairman Jean-Claude Juncker said on Monday it would be surprising if the rest of the world, and the euro zone in particular, avoided repercussions were the United States to lose its AAA credit rating. | |
| AMMAN (Reuters) - Syrian government forces pressed their assault on anti-government protestors in the city of Hama on Monday oblivious to a wave of condemnation from Western powers. | |
| Analysis: Storms ahead as debt deal sets up tax fight Mon,1 Aug 2011 03:02 PM PDT Reuters - WASHINGTON (Reuters) - If Congress passes the debt ceiling deal by Tuesday, as expected, it could trigger a battle over tax reform within weeks and turn Washington once again into a dateline for deadlock. Full Story | |
 WASHINGTON (Reuters) - The House of Representatives on Monday approved an 11th-hour deal to raise the borrowing limit, clearing the biggest hurdle to averting a potentially catastrophic debt default. | |
| House to vote on debt bill after 6:30 p.m EDT Mon,1 Aug 2011 02:43 PM PDT Reuters - WASHINGTON (Reuters) - The House of Representatives will vote on a bill to raise the government's debt ceiling on Monday between 6 p.m. and 8 p.m. EDT, a congressional aide said. Full Story | |
 WASHINGTON (Reuters) - The tentative deal to avoid a crushing debt default is at best a mild relief for the U.S. economy that nearly stalled in the first half of the year and has yet to show signs of any realistic pickup. | |
| Senate to vote Tuesday on debt bill: aides Mon,1 Aug 2011 02:02 PM PDT Reuters - WASHINGTON (Reuters) - The Senate likely will vote on Tuesday on a bill to raise the government's debt limit, leadership aides said on Monday. Full Story | |
| Debt limit bill clearing key House hurdle Mon,1 Aug 2011 01:50 PM PDT Reuters - WASHINGTON (Reuters) - A bill that raises the debt limit by $2.1 trillion and cuts budget deficits by a similar amount over the next decade was on the verge of clearing an important procedural hurdle in the House of Representatives on Monday. Full Story | |
 LONDON (Reuters) - HSBC will shed 30,000 jobs as it retreats from countries where it is struggling to compete, Europe's biggest bank said on Monday after it reported a surprise rise in first-half profit. | |
| Wall St. slips for 6th day; debt deadline near Mon,1 Aug 2011 01:11 PM PDT Reuters - NEW YORK (Reuters) - U.S. stocks fell for a sixth day on Monday as time runs out for the government to pass a deal to avoid default and the economy shows further signs of stalling. Full Story | |
 CHICAGO (Reuters) - NYSE Euronext and Germany's Deutsche Boerse AG will lead the ultra-competitive U.S. options trading industry once their merger is complete, data from clearinghouse OCC showed on Monday. | |
| Wall St. pares losses; Dow turns positive Mon,1 Aug 2011 01:01 PM PDT Reuters - NEW YORK (Reuters) - U.S. stocks pared losses in late afternoon trade on Monday, with the Dow briefly turning positive. Full Story | |
 OSLO (Reuters) - Prime Minister Jens Stoltenberg urged parliament Monday to preserve the democratic values of Norway as public pressure grew for stiffer sentences for serious crimes after an anti-immigration zealot's bloody rampage. | |
| Foxconn to rely more on robots; could use 1 million in 3 years Mon,1 Aug 2011 05:48 AM PDT Reuters -  HONG KONG/TAIPEI (Reuters) - Taiwan's Foxconn Technology Group, known for assembling Apple's iPhones and iPads in China, plans to use more robots, with one report saying the company will use one million of them in the next three years, to cope with rising labor costs. | |
 SINGAPORE (Reuters) - Averting a U.S. debt default solves only the immediate fiscal problem for the West and its big creditors in Asia. | |
 DADAAB, Kenya (Reuters) - Somalia's famine refugees, weakened by months of drought, on Monday began Islam's punishing Ramadan fast amid the tents and shacks of the world's largest refugee camp. | |
 OSLO (Reuters) - Norwegians believe penalties for serious crimes in their country should be tightened in the wake of a shooting and bomb attack that killed 77 people in July, an opinion poll showed Monday. | |
 WASHINGTON (Reuters) - The White House has one important tool in its arsenal to influence congressional talks over further deficit reduction measures in the coming months: the expiry of Bush-era tax cuts at the end of 2012. | |
 KUNMING, China (Reuters) - Nestled in a sleepy southern district of Kunming city in southwest China, is a 10,000 square meter, four-story building that could make Swedish furniture giant Ikea uneasy. | |
 WASHINGTON (Reuters) - Lawmakers reached into the past to find a way to enforce future budget cuts called for in the deal to raise the nation's $14.3 trillion debt limit, but history shows these enforcement mechanisms do not always work. | |
 BEIJING (Reuters) - China pledged to keep to a "prudent" monetary policy for the rest of the year to combat inflation, which is stubbornly fixed near a three-year high. | |
| U.S. holds off on post-August 2 plan for moment Sun,31 Jul 2011 07:10 PM PDT Reuters - WASHINGTON (Reuters) - The Treasury determined that it was not necessary on Sunday to unveil plans for how the government will pay its bills if Congress does not raise the debt cap by Tuesday. Full Story | |
| White House: expiry of Bush tax cuts to spur reform Sun,31 Jul 2011 07:14 PM PDT Reuters - WASHINGTON (Reuters) - White House officials said on Sunday the spending cuts laid out under a new deficit deal would not take effect until 2013 and the expiry of Bush-era tax cuts for the wealthiest Americans would spur broad tax reform. Full Story | |
 NEW YORK (Reuters) - If debate in Washington over raising the U.S. debt ceiling finally ends with a deal on Sunday, the last-minute reprieve could spark a relief rally when global markets open. | |
 NEW YORK (Reuters) - HSBC Holdings Plc said on Sunday it will shed nearly half of its underperforming U.S. branch network, selling 195 branches to First Niagara Financial Group Inc for about $1 billion, and closing 13 others. |
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