Budget Office Says Lower Deficits Could Be Short-Lived

Budget Office Says Lower Deficits Could Be Short-Lived


Budget Office Says Lower Deficits Could Be Short-Lived

Posted: 24 Aug 2011 12:48 PM PDT

A report warned that the extension of Bush-era policies would offset savings in the recent deficit-reduction deal.


Tripoli hospital struggling to cope

Posted: 24 Aug 2011 12:36 PM PDT

Main hospital in Libyan capital in urgent need of medical supplies as wounded patients pour in.


Israeli air strikes kill Gaza militants

Posted: 24 Aug 2011 12:58 PM PDT

GAZA (Reuters) - Israeli air strikes killed two Gaza militants, one a local commander of the Islamic Jihad group in the Gaza Strip, and wounded four others who fired rockets at Israel, despite a two-day-old truce, Israeli and Palestinian officials said.


N Korea ready to hold nuclear talks

Posted: 24 Aug 2011 11:06 AM PDT

In a meeting with Russian President Dmitry Medvedev, Kim Jong-il said he is willing to impose a nuclear-test moratorium.


Rebels share firepower as snipers menace Tripoli

Posted: 24 Aug 2011 11:53 AM PDT

TRIPOLI (Reuters) - A white van pulls up to a rebel checkpoint in Tripoli and a man emerges, handing out sniper rifles and ammunition looted from Muammar Gaddafi's compound across the street.


North Korea set to consider nuclear moratorium: Kremlin

Posted: 24 Aug 2011 01:03 PM PDT

SOSNOVY BOR, Russia (Reuters) - North Korean leader Kim Jong-il promised on Wednesday to consider suspending nuclear arms tests and production if international talks on Pyongyang's atomic program resume, a Kremlin spokeswoman said.


Four Italian journalists kidnapped in Libya

Posted: 24 Aug 2011 12:38 PM PDT

ROME, Aug 24 (Reuters) - Four Italian journalists were abducted by gunmen near Zawiyah in western Libya as they traveled toward Tripoli on Wednesday, Italian officials said.


The Art of Summer: The Art of Summer, Near the High Line and Rockefeller Center

Posted: 24 Aug 2011 11:41 AM PDT

New York has an abundance of inadvertent not-quite-art available for viewing, if you are open to it.


Strong 7.0-magnitude quake shakes Peruvian Amazon

Posted: 24 Aug 2011 01:22 PM PDT

LIMA (Reuters) - A 7.0-magnitude earthquake struck a remote Amazon region of Peru on Wednesday, shaking office buildings far away in the capital and in neighboring Brazil although no injuries or damage were reported immediately.


Live - Wednesday football

Posted: 24 Aug 2011 10:55 AM PDT

Arsenal travel to Udinese in the second leg of their Champions League qualifier, while the likes of Liverpool, Everton, Bolton and West Ham are all involved in the Carling Cup on a busy night of football.


Burkina Faso offers Gaddafi exile

Posted: 24 Aug 2011 10:58 AM PDT

OUAGADOUGOU (Reuters) - Burkina Faso, a former recipient of large amounts of Libyan aid, has offered Muammar Gaddafi exile but has also recognized the rebel National Transitional Council (NTC) as Libya's government.


Russia: Cargo rocket crashes in Siberia

Posted: 24 Aug 2011 10:12 AM PDT

A Russian space freighter carrying cargo to the International Space Station has crashed in a remote area of Siberia, Russian emergency officials said Wednesday.


Tax deal with Swiss banks agreed

Posted: 24 Aug 2011 11:29 AM PDT

The Swiss government agrees a "historic" deal to tax money held by UK citizens in Swiss bank accounts, while hiding account holders' details.


Russia Supply Ship for Space Station Fails

Posted: 24 Aug 2011 10:27 AM PDT

An unmanned Russian supply ship burned up before reaching the International Space Station after the rocket carrying it malfunctioned.


France Cuts Growth Forecast

Posted: 24 Aug 2011 11:24 AM PDT

France cut its GDP growth forecasts for 2011 and 2012 and unveiled austerity measures aimed at generating additional savings of €12 billion.


In Campaign Events, Bachmann Controls Her Image

Posted: 24 Aug 2011 12:48 PM PDT

The presidential campaign of Michele Bachmann is more controlling than most.


Russian Spaceship Fails to Reach Orbit

Posted: 24 Aug 2011 12:06 PM PDT

Pieces of an unmanned supply ship bound for the International Space Station fell in Siberia amid an explosion, officials said.


Analysis: Qatar hopes for returns after backing Libyan winners

Posted: 24 Aug 2011 10:30 AM PDT

DUBAI/DOHA (Reuters) - Qatar was one of the first countries to back Libyan rebels seeking to overthrow its one-time friend Muammar Gaddafi and with his 42-year-old rule collapsing, the natural gas exporter hopes to reap the political and economic rewards.


Fenerbahce withdrawn from Europe

Posted: 24 Aug 2011 12:37 PM PDT

Turkey's Football Federation withdraw national champions Fenerbahce from the Champions League because of an ongoing match-fixing investigation.


Pressure Grows in Australia for Inquiry

Posted: 24 Aug 2011 09:50 AM PDT

Pressure mounted for a police investigation into Australian Labor Party lawmaker Craig Thomson after the union he formerly oversaw referred to police allegations that he may have misused a union credit card to pay for an escort service.