Wednesday, February 11, 2009

2/11 Reuters: Top News

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North Korea steps up missile test preparations
February 11, 2009 at 3:36 am

SEOUL (Reuters) - Chinese fishing vessels have moved out of waters near a disputed sea border between the two Koreas, a South Korean military official said on Wednesday, possibly signaling a North Korean short-range missile test is imminent.

U.S. offers $2 trillion bank plan but stocks slump
February 11, 2009 at 3:35 am

WASHINGTON (Reuters) - U.S. Treasury chief Timothy Geithner on Tuesday unveiled a new bank rescue plan that would put $2 trillion to work mopping up bad assets and restoring credit, but stock markets plunged on fears it would not work.

Suicide blast, gunfire in Kabul: officials
February 11, 2009 at 3:22 am

KABUL (Reuters) - A Taliban suicide bomber blew himself up inside a government building in the Afghan capital on Wednesday while a gunbattle broke out near the presidential palace, police and witnesses said.

Disarray as Israeli election rivals claim victory
February 11, 2009 at 1:41 am

JERUSALEM (Reuters) - Israel faced deep political uncertainty on Wednesday after its election ended with clashing claims of victory by centrist Foreign Minister Tzipi Livni and hawkish rival Benjamin Netanyahu.

Congress, White House seek final deal on stimulus
February 11, 2009 at 1:20 am

WASHINGTON (Reuters) - Congressional negotiators and White House officials met behind closed doors late on Tuesday to try to work out disagreements over spending and tax cuts in an economic stimulus bill that could cost taxpayers around $800 billion.

Buena Vista bassist "Cachaito" Lopez dies at 76
February 10, 2009 at 11:37 pm

HAVANA (Reuters) - Cuban bassist Orlando "Cachaito" Lopez, who rose to international fame as a member of the Buena Vista Social Club band, has died at 76 due to complications following prostate surgery, Cuban state media said on Tuesday.

Wall St CEOs to defend use of bailout to Congress
February 10, 2009 at 10:47 pm

WASHINGTON (Reuters) - The kings of Wall Street will try to soothe the U.S. Congress on Wednesday by defending their use of $176 billion in bank bailout money, but it may be a tough sell, even for the one-time "masters of the universe."

Romance blooms at the office, U.S. survey says
February 10, 2009 at 10:45 pm

NEW YORK (Reuters) - Forty percent of U.S. workers have dated an office colleague, with 31 percent of them going on to marriage, according to a survey released on Tuesday.

Man held at U.S. Capitol, had rifle in truck: police
February 10, 2009 at 8:11 pm

WASHINGTON (Reuters) - A man who drove up to the U.S. Capitol complex and told police he had a delivery for President Barack Obama was arrested by police after telling them he had a rifle in his truck, police said on Tuesday.

Romance blooms at the office, U.S. survey says
February 10, 2009 at 4:35 pm

NEW YORK (Reuters) - Forty percent of U.S. workers have dated an office colleague, with 31 percent of them going on to marriage, according to a survey released on Tuesday.

Peanut Corp shuts Texas plant in salmonella scare
February 10, 2009 at 3:59 pm

DALLAS (Reuters) - Peanut Corp of America, at the center of a nationwide salmonella scare, has shut its Texas plant after tests showed possible contamination in some of its products, health officials said on Tuesday.

Obama heads to Florida to rally stimulus support
February 10, 2009 at 9:53 am

WASHINGTON (Reuters) - Fresh from his first White House news conference, President Barack Obama hits the road on Tuesday to rally support for a huge economic stimulus plan among Americans hit by the deepening recession.

Israel votes in tight election
February 10, 2009 at 9:52 am

JERUSALEM (Reuters) - Israelis voted on Tuesday in a tight election race, with right-wing opposition leader Benjamin Netanyahu bidding to oust the centrist party of Foreign Minister Tzipi Livni.

Pakistan advises Holbrooke talk to Taliban moderates
February 10, 2009 at 9:39 am

ISLAMABAD (Reuters) - Pakistan advised President Barack Obama's special envoy to Afghanistan and Pakistan on Tuesday to reach out to reconcilable elements of the Taliban movement as part of a strategy for peace in the region.

U.S. to lay out plan to sop up bad mortgage assets
February 10, 2009 at 9:12 am

WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner will lay out a rescue plan on Tuesday that will rely on public and private funds to take $500 billion of bad assets off banks' books, sources said.

Madoff agrees to permanent asset freeze: SEC
February 10, 2009 at 9:10 am

NEW YORK (Reuters) - Accused Wall Street swindler Bernard Madoff has agreed to a permanent freeze on his assets without admitting or denying fraud charges in a civil case against him, a U.S. regulator said on Monday.

Iran says ready for fair talks, wants real U.S. change
February 10, 2009 at 9:08 am

TEHRAN (Reuters) - Iran's president said on Tuesday Tehran was ready for talks with the United States but demanded a fundamental change in U.S. policy, in his most measured remarks to America since President Barack Obama took office.

Blue Chip poll cuts forecast for second half 2009
February 10, 2009 at 9:05 am

WASHINGTON (Reuters) - The recession-bound U.S. economy is still expected to resume growing in the second half of this year, but at an even slower pace than previously thought as consumers spend cautiously, the Blue Chip survey of 52 economists said on Tuesday.
 

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