Thursday, February 26, 2009

2/26 Reuters: Top News

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Gunfire in Bangladesh mutiny camp stops
February 26, 2009 at 6:57 am

DHAKA (Reuters) - Gunfire erupted for the second day at a paramilitary camp in the Bangladesh capital on Thursday, police said, as troops took to streets in towns across the country in a mutiny over pay.

Obama forecasts $1.75 trillion deficit this year
February 26, 2009 at 6:56 am

WASHINGTON (Reuters) - President Barack Obama will forecast a 2009 deficit of $1.75 trillion in a budget proposal on Thursday that sets goals of overhauling the healthcare system and shoring up the U.S. economy.

Israeli rivals divided over Palestinian state
February 26, 2009 at 5:35 am

JERUSALEM (Reuters) - Differences over Palestinian statehood are likely to scupper Benjamin Netanyahu's efforts to forge a broad government with his main rival, Foreign Minister Tzipi Livni, an official of his Likud party said on Thursday.

Tougher list of Iran sanctions proposed: report
February 26, 2009 at 4:13 am

LONDON (Reuters) - France, Germany and Britain are proposing a tough list of additional sanctions to be imposed against Iran over its nuclear program, the Financial Times newspaper reported on Thursday.

Mexico vows more troops for drug war near U.S. border
February 26, 2009 at 4:02 am

CIUDAD JUAREZ, Mexico (Reuters) - Mexico promised on Wednesday to pour more troops into a northern border city at the heart of the country's drug war, where a meeting of federal officials was rattled by bomb scares earlier in the day.

Banking regulator says U.S. not pursuing nationalization
February 26, 2009 at 1:21 am

NEW YORK/WASHINGTON (Reuters) - U.S. banking regulators are not pursuing nationalization of troubled institutions struggling to shed toxic assets from their balance sheets, the chairman of the Federal Deposit Insurance Corp said on Wednesday.

U.S. law chief says Guantanamo "well-run," but to close
February 26, 2009 at 1:20 am

WASHINGTON (Reuters) - The Guantanamo prison is "well-run now," with no signs of inmate mistreatment, but the Obama administration remains determined to close it, Attorney General Eric Holder said on Wednesday after a visit this week.

Money managers accused of $550 million fraud
February 25, 2009 at 10:54 pm

NEW YORK (Reuters) - Two money managers who oversaw investments for Carnegie Mellon University and other institutions were arrested on Wednesday on charges of running an estimated $550 million, decade-long swindle, the latest in a wave of big financial fraud cases.

Obama urges quick action on Wall Street reform
February 25, 2009 at 4:57 pm

WASHINGTON (Reuters) - President Barack Obama called Wednesday for a sweeping overhaul of Wall Street regulations, saying big changes were needed to avoid a repeat of the financial meltdown.

Americans increasingly insecure about retirement
February 25, 2009 at 4:53 pm

NEW YORK (Reuters) - Only one in three Americans now believe they will be able to fully retire as huge losses in home and stock prices dent their confidence in the future, according to a study by Scottrade.

Venezuela says no plans to help Stanford investors
February 25, 2009 at 4:19 pm

CARACAS (Reuters) - Venezuela is unlikely to help investors faced with the loss of billions of dollars deposited at the discredited Stanford International Bank, Finance Minister Ali Rodriguez said on Wednesday.

Bernanke confident can keep U.S. inflation at bay
February 25, 2009 at 4:15 pm

WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Wednesday that he had an exit strategy from the U.S. central bank's recent massive monetary expansion that will keep inflation under control as the economy recovers.

Supreme Court lets city refuse religious monument
February 25, 2009 at 4:06 pm

WASHINGTON (Reuters) - The U.S. Supreme Court ruled on Wednesday that a Utah city can refuse to put a religious group's monument in a public park near a similar Ten Commandments display.

Existing U.S. home sales, prices drop in January
February 25, 2009 at 3:23 pm

WASHINGTON (Reuters) - Sales of previously owned U.S. homes plunged in January, reversing the previous month's surprise jump, and prices spiraled down to a six-year low as the deep recession and rising joblessness took its toll.

Iran denies nuclear slowdown, sets big expansion
February 25, 2009 at 1:14 pm

BUSHEHR, Iran (Reuters) - Iran said on Wednesday it plans a nearly 10-fold expansion of its uranium enrichment capacity in the next five years, denying a U.N. report which said its nuclear activities had slowed.

Polar regions found warming fast, raising sea levels
February 25, 2009 at 12:17 pm

GENEVA (Reuters) - The Arctic and Antarctic regions are warming faster than previously thought, raising world sea levels and making drastic global climate change more likely than ever, international scientists said on Wednesday.
 

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