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09 March 2011

Freshman Democrat upbraids Obama on spending (AP)

Freshman Democrat upbraids Obama on spending (AP)


Freshman Democrat upbraids Obama on spending (AP)

Posted: 08 Mar 2011 02:58 PM PST

Sen. Joe Manchin, D-W.Va., center, takes a question during a news conference on Capitol Hill in Washington, Tuesday, Feb. 8, 2011, before introducing the Reduce Unnecessary Spending Act, legislation that would give the president line-item veto authority. From left are: Sen. Michael Bennet, D-Colo., Sen. Rob Portman, R-Ohio, Manchin, Sen. John McCain, R-Ariz., and Sen. Tom Carper, D-Del.  (AP Photo/J. Scott Applewhite)AP - A freshman Democratic senator accused President Barack Obama on Tuesday of failing to provide leadership on a worsening national deficit as top Republicans and Democrats on Capitol Hill spent more time pointing fingers than seeking common ground on a must-do measure to fund the government for the next six months.


Guatemala first lady seeks power

Posted: 08 Mar 2011 02:56 PM PST

Guatemala's first lady, Sandra Torres, says she hopes to succeed her husband Alvaro Colom as president, despite a ban on relatives standing for election.

Libya: we cannot stand aside - PM

Posted: 08 Mar 2011 02:55 PM PST

The world cannot "stand aside" and allow violent repression to continue in Libya, Prime Minister David Cameron tells the BBC.

Angry residents of CA city vote on council recall (AP)

Posted: 08 Mar 2011 02:54 PM PST

Former Bell City Administrator Robert Rizzo smiles as the preliminary hearing continues at  Los Angeles Superior Court  on Friday, March 4, 2011 in Los Angeles.  The hearing is to determine if Rizzo and others will have to stand trial on charges that they misappropriated public funds.   (AP Photo/Irfan Khan, Pool)AP - Voters went to the polls Tuesday with a chance to elect a group of reformers in a blue-collar Southern California community that became the face of municipal corruption in the country when officials were accused of paying themselves six-figure salaries while the city was going broke.


Madoff trustee: Lawsuits delay money for victims (Reuters)

Posted: 08 Mar 2011 02:54 PM PST

Personal property of Bernard and Ruth Madoff is seen during a press preview of the auction items seized in New York and Florida by the United States Marshals Service, in New York November 13, 2009. REUTERS/Shannon StapletonReuters - The trustee seeking money for investors hurt by Bernard Madoff's Ponzi scheme said he hopes to begin distributing money "in the near future" but that lawsuits challenging his efforts are causing delays.


Gadhafi forces barrage rebels in east and west (AP)

Posted: 08 Mar 2011 02:53 PM PST

Libyan Leader Moammar Gadhafi arrives at a hotel to give television interviews in Tripoli, Libya Tuesday, March 8, 2011. (AP Photo/Ben Curtis)AP - After dramatic successes over the past weeks, Libya's rebel movement appears to have hit a wall of overwhelming power from loyalists of Moammar Gadhafi. Pro-regime forces halted their drive on Tripoli with a heavy barrage of rockets in the east and threatened Tuesday to recapture the closest rebel-held city to the capital in the west.


Restaurant Review: United at Tables in Harlem

Posted: 08 Mar 2011 02:47 PM PST

The racial and ethnic variety in Marcus Samuelsson's latest restaurant is rivaled only by the range of ages present within it.

Billionaire Carl Icahn returns $1.76B to investors (AP)

Posted: 08 Mar 2011 02:46 PM PST

FILE - In this Oct. 11, 2007 file photo, activist investor Carl Icahn speaks at the World Business Forum in New York. Genzyme Corp. on Feb. 22, 2010.  Icahn is  giving back all of the money that outside investors hold in his hedge funds.  In a letter to limited partners, the billionaire investor said he did not want to be responsible to investors for “another possible market crisis,” especially given the rapid increase in markets over the past two years. Icahn, who has built a reputation as an activist investor, said he was also concerned about the economic outlook and political tensions in the Middle East.   (AP Photo/Mark Lennihan)AP - On the eve of the bull market's second anniversary, billionaire investor Carl Icahn had an unsettling message for his investors: Take your money back. Icahn told investors in his hedge funds that he didn't want to be responsible to them for "another possible market crisis," especially given the rapid increases over the past two years. Stocks have nearly doubled since hitting 12-year lows on March 9, 2009.


Qaddafi Forces Renew Assault Against Rebels on 2 Fronts

Posted: 08 Mar 2011 02:45 PM PST

Libya's government forces seemed to be gathering momentum on Tuesday as they threatened Zawiyah, the rebel-held western city.

Oil price falls on Saudi comments

Posted: 08 Mar 2011 02:43 PM PST

Oil prices fall as the Saudi oil minister says his country has 3.5 million barrels per day of spare capacity available.

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