Obama proposes $4 trillion in deficit cuts

Obama proposes $4 trillion in deficit cuts


Obama proposes $4 trillion in deficit cuts

Posted: 13 Apr 2011 01:01 PM PDT

US president unveils plan to tackle country's ballooning deficit as Republicans say they are against raising taxes.


Cuban Communist Party congress looks to future

Posted: 13 Apr 2011 12:52 PM PDT

HAVANA (Reuters) - Cuba's ruling Communist Party meets on Saturday for a congress expected to introduce possible future leaders and endorse groundbreaking economic reforms in what is one of the world's last one-party communist states.


US controller naps as plane lands

Posted: 13 Apr 2011 12:51 PM PDT

An air traffic controller in the US state of Nevada was asleep for about 16 minutes while a medical plane was landing, federal officials say.


BP talks with Russians 'falter'

Posted: 13 Apr 2011 12:36 PM PDT

Talks between BP and AAR about the UK firm buying out its Russian partner in joint venture TNK-BP are close to collapse, says the BBC's business editor.


VIDEO: Qatar summit urges Gaddafi to go

Posted: 13 Apr 2011 12:46 PM PDT

The newly formed international "contact group" on Libya calls for Colonel Muammar Gaddafi to stand down as the country's leader


Cost of war

Posted: 13 Apr 2011 12:27 PM PDT

Resident's heartbreak at loss of baby on day Gbagbo captured


Belarus metro bomb suspects 'confess'

Posted: 13 Apr 2011 12:10 PM PDT

Belarusian president claims two held over Minsk attack have confessed amid fears opposition could face fresh repression.


Woman and child die in road crash

Posted: 13 Apr 2011 10:18 AM PDT

Strathclyde Police say a road crash on the A85 near Dalmally has claimed the lives of woman and young child.


Mexico's 'failed state'

Posted: 13 Apr 2011 05:39 AM PDT

Mass graves of Tamaulipas prompt security questions


Tokyo Suburb Struggles to Restore Services

Posted: 13 Apr 2011 12:38 PM PDT

Hundreds of residents in the wealthy Tokyo suburb of Urayasu, built largely on reclaimed land, are still without some basic services more than a month after the powerful earthquake struck northern Japan.


Swazi Police Clash with Protesters

Posted: 13 Apr 2011 11:17 AM PDT

Police fired tear gas and water cannons for a second day Wednesday at teachers poised to march in Swaziland's commercial capital.


DealBook: Quarterly Profit Surges 67% at JPMorgan

Posted: 13 Apr 2011 07:38 AM PDT

JPMorgan Chase kicked off bank earnings season on Wednesday, reporting first quarter profit of $5.6 billion, even as problems in its mortgage lending business continued to mount.


ArtsBeat: Jackson and Cameron to Speed Up 3-D

Posted: 13 Apr 2011 09:51 AM PDT

Two of Hollywood's most progressive directors, James Cameron and Peter Jackson, are pushing forward with a new style of shooting that they say will make 3-D movies easier to watch by shooting at 48 frames per second.


Darfur refugees take 12 Sudan aid workers hostage

Posted: 13 Apr 2011 11:52 AM PDT

KHARTOUM (Reuters) - Darfuri refugees have taken 12 Sudanese aid workers hostage in the volatile Kalma camp, a spokesman for the U.N.-African Union peacekeeping mission UNAMID said Wednesday, raising tension in strife-ridden west Sudan.


Live - Wednesday football

Posted: 13 Apr 2011 09:59 AM PDT

Spurs attempt to overhaul a four-goal deficit at home to Real Madrid in their Champions League quarter-final second leg, while Schalke hold a 5-2 lead over Inter Milan in their last-eight tie.


Impressive Nadal hammers Nieminen

Posted: 13 Apr 2011 08:14 AM PDT

World number one Rafael Nadal begins the defence of his Monte Carlo Masters crown with an emphatic second-round victory over Finland's Jarkko Nieminen.


Live - Aberdeen v Rangers

Posted: 13 Apr 2011 11:17 AM PDT

Live coverage as Aberdeen host Rangers, who hope to narrow the gap with Celtic at the top Scottish Premier League.


London Midland rail dispute ends

Posted: 13 Apr 2011 11:11 AM PDT

A "win-win" agreement is reached between train drivers' union Aslef and London Midland in a dispute which has caused weeks of disruption, Aslef says.


Obama Urges Cuts and Taxes on the Rich

Posted: 13 Apr 2011 12:42 PM PDT

President Obama on Wednesday countered Republican budget plans with what he said was a more balanced approach that relies in part on tax increases for the wealthy as well as on spending cuts.


Report Criticizes Banks for Handling of Mortgages

Posted: 13 Apr 2011 12:30 PM PDT

In response to the problems, mortgage servicers have signed consent agreements promising to put in new oversight procedures and make other changes.


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