WASHINGTON (AP) – Apr 5, 7:54 AM EDT — President Barack Obama’s proposed budget will call for reductions in the growth of Social Security and other benefit programs by including a proposal to lower cost-of-living adjustments to government social safety net spending, a senior administration official says. The proposal attempts to strike a compromise with congressional Republicans […]
Apr 5 2013 | Posted in
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March 28, 7:25 AM — SEOUL, South Korea — The U.S military says two nuclear-capable B-2 bombers have completed a training mission in South Korea amid threats from North Korea that include nuclear strikes on Washington and Seoul. The statement Thursday by U.S. Forces Korea is an unusual confirmation. It follows an earlier U.S. announcement that nuclear-capable B-52 […]
Mar 28 2013 | Posted in
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Mar 27, 10:47 AM EDT — NEW YORK (AP) — Worries about Europe rattled the stock market Wednesday, a day after the Dow Jones industrial average had its biggest gain in three weeks. Investors are watching to see if Cyprus can restore confidence in its banking system. They are also keeping an eye on Italy, where political […]
Mar 27 2013 | Posted in
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03.25.13 — LONDON (AP) — Investors breathed a sigh of relief Monday after Cyprus clinched a bailout deal with international creditors that will prevent it becoming the first country to ditch the euro — a prospect that could have worsened the crisis afflicting Europe’s single currency. In the early hours of Monday morning in Brussels, […]
Mar 25 2013 | Posted in
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3.20.13 — NICOSIA, Cyprus (AP) — Cypriot officials rushed Wednesday to find a new plan to stave off bankruptcy, a day after Parliament rejected an initial scheme to contribute to the nation’s bailout package by seizing up to 10 percent of people’s bank savings. Tuesday’s decisive rejection of the plan to take a slice of […]
Mar 20 2013 | Posted in
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Mar 18, 8:49 AM EDT — NICOSIA, Cyprus (AP) — A vote on a bailout package for Cyprus that includes an immediate tax on all savings accounts has been postponed until Tuesday evening. Yiannakis Omirou, the speaker of Parliament, said the delay was needed to give the government time to amend the deal reached over […]
Mar 18 2013 | Posted in
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03.17.13 — STEUBENVILLE, Ohio (AP) — Two members of the high school football team that is the pride of Steubenville were found guilty Sunday of raping a drunken 16-year-old girl in a case that bitterly divided the Rust Belt city and led to accusations of a cover-up to protect the community’s athletes. Steubenville High School […]
Mar 17 2013 | Posted in
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Mar 14, 6:44 AM EDT — ATHENS, Greece (AP) — Unemployment in debt-crippled Greece rose to a record of 26 percent in the last quarter of 2012, as austerity measures combined with a deep recession took a harsh toll on the workforce. The figures were worse than the previous quarter’s 24.8 percent, and 20.7 percent […]
Mar 14 2013 | Posted in
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