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Budget Deficit Projected to Reach $1.2 Trillion
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By COREY BOLES WASHINGTON --The federal government's budget deficit will widen to an unprecedented $1.186 trillion in fiscal year 2009, projections released by the Congressional Budget Office later Wednesday will say, according to a congressional...
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Burris Circus and the Politics of Race
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By RICK KLEIN The image of a veteran black officeholder being barred from entering a US Senate that now has precisely zero African American members injects the politics of race into the tawdry scandal over President-elect Barack Obama's old Senate seat...
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India says all options open to dismantle terror groups
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By Nigam Prusty NEW DELHI (Reuters) - India said on Wednesday it would keep all options open to dismantle "terror outfits" after the Mumbai attacks, raising the rhetoric against its neighbour after New Delhi released evidence blaming Pakistan militants...
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CDS prices show fears Ineos could follow Lyondell
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By Natalie Harrison LONDON, Jan 7 (Reuters) - LyondellBasell's bankruptcy protection filing has raised fears UK sector rival Ineos may suffer a similar fate, as shown by the high cost of buying protection against its debt in the credit derivatives...
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US 2008 planned layoffs most in 5 yrs -Challenger
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By Burton Frierson NEW YORK, Jan 7 (Reuters) - Planned layoffs at US firms eased in December from the previous month's seven-year high but they were up an astounding 275 percent annually as the year-old recession cut a huge swathe of destruction...
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Double booking: look who's sleeping in Obama's bed
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THE former prime minister, John Howard, has been exposed as the man who inadvertently bumped the US president-elect, Barack Obama, to the waiting list for the official presidential guest-manse, Blair House, forcing the next first family into the nearby...
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STOCKS NEWS EUROPE-HeidelbergCement up on bridge loan news
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Shares in German cement maker HeidelbergCement (HEIG.DE) rise 5.3 percent after two people familiar with the matter tell Reuters that the group of banks which has been in talks with Germany's Merckle family over granting a bridge loan has transferred...
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Instability wanes in Bangladesh, waxes in Thailand
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THE swearing-in this week of Sheikh Hasina Wajed as Bangladesh’s prime minister has brought national celebration. There is much to cheer: the return of democratic rule after two years of army-installed technocracy; a successful election, largely free...
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Atheist bus ad campaign provokes bitterness in Barcelona
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The posting of atheist advertising on Barcelona's buses has been branded "an attack on all religions". Next week, Barcelona will become the first city in predominantly Catholic Spain to copy the controversial UK campaign when its buses use a direct...
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M&S delivers fresh jobs blow as rate cut looms
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By James Davey and Mark Potter LONDON (Reuters) - Marks & Spencer (MKS.L), the country's biggest clothing retailer, will cut jobs and close stores after a sharp fall in sales that added to pressure on the Bank of England to cut interest rates to a...
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