Current News Today
Exclusive: China leadership rules Bo case isolated, limits purge: sources
BEIJING (Reuters) - Chinese President Hu Jintao has demanded senior Communist Party officials stifle tensions over the ousting of ambitious politician Bo Xilai and show unity as they prepare for a change of leadership, sources briefed on recent meetings said. Hu urged the party to close ranks at a meeting of about 200 officials early this month at a Beijing hotel, declaring the downfall of Bo - China's biggest political scandal in two decades - to be an "isolated case", the three sources said. ...
Fri, 25 May 2012 02:07:16 -0400
| Exclusive: Syria grain trade signals alarm for Assad
LONDON/HAMBURG (Reuters) - Syria is struggling to meet its grain import needs because of sanctions, raising the risk of bread shortages that could sap public support for President Bashar al-Assad as he tries to snuff out a 15-month-old uprising. Trade sources said a reluctance among foreign banks, shipowners and grain traders to sell to import-dependent Syria - even though food is not itself subject to sanctions - has forced Damascus into an array of unusually small deals, many arranged by shadowy middlemen around the Middle East and Asia. ...
Fri, 25 May 2012 11:12:13 -0400
| Women, children targeted in renewed Congo clashes
KINSHASA (Reuters) - Rival armed groups in Congo's eastern provinces are targeting each other's families, killing children, women and the elderly in some of the country's worst violence in years, officials said on Friday. The fighting, which UN agency UNICEF says has cost up to 80 lives since early May, comes amid a security vacuum in parts of the vast forested region after Congo's army redeployed elsewhere to capture a renegade general, Bosco Ntaganda, and his men. ...
Fri, 25 May 2012 11:55:12 -0400
| U.S. says working to get U.N. missions bank accounts
UNITED NATIONS (Reuters) - Responding to a complaint by Syria's U.N. envoy, the U.S. Mission to the United Nations said on Friday it was working to ensure that foreign diplomatic missions whose accounts have been closed by U.S. banks are able to get new ones. Syrian Ambassador Bashar Ja'afari said on Thursday that his mission was unable to open a U.S. bank account due to sanctions imposed on his country because of its 14-month assault on an opposition determined to oust Syrian President Bashar al-Assad. The U.S. ...
Fri, 25 May 2012 11:53:55 -0400
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Current News Today
Dow dips, Nasdaq and S&P up before long weekend
NEW YORK (Reuters) - The Dow slipped while the Nasdaq and the S&P 500 inched higher on Friday as warnings about Greece kept investors cautious before a long holiday weekend, with shares likely to drift lower into the close. Volume was light ahead of the Memorial Day holiday weekend and the market had a defensive tilt, with slight gains in less economically sensitive sectors such as healthcare, utilities, consumer staples and telecom services offsetting weakness in materials and industrial shares. ...
Fri, 25 May 2012 12:09:58 -0400
| May consumer sentiment highest in more than four years
NEW YORK (Reuters) - Consumer sentiment rose to its highest level in more than four years in May as Americans stayed optimistic about the job market, while higher income households expected to see bigger wage increases, a survey released on Friday showed. The Thomson Reuters/University of Michigan's final reading on the overall index on consumer sentiment rose to 79.3 from 76.4 in April, topping forecasts for 77.8 and an initial May reading of the same. It was the highest level since October 2007. ...
Fri, 25 May 2012 11:45:14 -0400
| Europe slowdown adds more tension to Greek drama
(Reuters) - Europe's economic slowdown has hit the engine-room of the euro zone, including Germany, gloomy new indicators have revealed, adding urgency to the region's struggle to keep Greece's debt crisis from tearing the single currency apart. So far, the 17-nation euro zone's downturn has been confined mainly to its periphery, but an index measuring broad economic activity across the monetary union in May showed its weakest outcome since mid-2009, during the global financial crisis. ...
Fri, 25 May 2012 10:55:55 -0400
| Spain region, Greek exit warnings rattle euro zone
(Reuters) - Central banks and companies not bracing for a possible Greek euro exit would be making a grave error, Belgium's foreign minister said on Friday, rattling markets already alarmed by Spain's deteriorating finances. Greek elections are due on June 17 and could hasten the country's departure from the currency club should a government intent on ripping up the country's bailout program result. Polls suggest the outcome is too tight to call. ...
Fri, 25 May 2012 11:12:55 -0400
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Current News Today
World's smallest artificial heart saves baby's life
An Italian heart surgeon holds a tiny titanium pump, the world's smallest artificial heart, which was implanted in a baby, at the Bambino Gesu' Hospital in Rome May 24, 2012. REUTERS/Alessandro Bianchi
Thu, 24 May 2012 10:15:09 -0400
| Plight of missing kids now in spotlight
Everything you need to get up to speed on the big story of the day May 25 is National Missing Children's Day. Etan Patz, its poster child, remains missing. After 33 years, a man has stepped forward to confess to strangling Patz. Proof will be another matter, as the former grocery store worker has not [...]
Thu, 24 May 2012 17:38:20 -0400
| Booker via Twitter: ‘Sorry I make u sick’
Newark, N.J., Mayor Cory Booker has apparently had enough of saying he's sorry this week. The rising Democratic star has been under fire since a Sunday appearance on NBC's "Meet the Press"during which he said Democratic attacks on Mitt Romney's record at Bain Capital were "nauseating," Having endured days of excoriating criticism, and having tried [...]
Thu, 24 May 2012 20:26:38 -0400
| Hurricane warning issued for Mexico ahead of Bud
Hurricane Bud weakened to a Category 2 storm as it headed early Friday toward an area of beach resorts and small mountain villages on Mexico's Pacific coast stretching south from Puerto Vallarta.
Fri, 25 May 2012 07:56:44 -0400
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