Tuesday, March 3, 2009

3/3 Reuters: Top News

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Gunmen wound Sri Lanka cricketers in Pakistan attack
March 3, 2009 at 7:30 am

LAHORE, Pakistan (Reuters) - A dozen gunmen attacked Sri Lanka's cricket team on Tuesday with rifles, grenades and rockets, wounding six players and a British coach and killing at least eight Pakistanis in Lahore, officials said.

Obama considers funds to buy bad assets: report
March 3, 2009 at 7:29 am

NEW YORK (Reuters) - The Obama administration is considering a plan to purchase bad loans and other distressed assets by creating multiple investments funds, according to The Wall Street Journal, quoting people familiar with the matter.

Palestinian state in Israel's interests: Clinton
March 3, 2009 at 7:20 am

JERUSALEM (Reuters) - Hillary Clinton, on her first visit to Israel as secretary of state, said on Tuesday that establishing a Palestinian state was in the best interests of the Jewish state and a two-state solution was "inescapable."

Bush-era memos saw rights limits in U.S. terror war
March 3, 2009 at 6:02 am

WASHINGTON (Reuters) - The U.S. military could have kicked in doors to raid a suspected terrorist cell in the United States without a warrant under a Bush-era legal memo the Justice Department made public on Monday.

Downturn to be considerably deeper than IMF forecast: OECD
March 3, 2009 at 5:50 am

PARIS (Reuters) - The global economic downturn will be considerably deeper than even the International Monetary Fund forecast a month ago, the Organization for Economic Co-operation and Development's chief economist Klaus Schmidt-Hebbel told Reuters.

New U.S. envoy on North Korea lands in China
March 3, 2009 at 4:00 am

BEIJING (Reuters) - The new U.S. envoy on North Korea arrived in Beijing on Tuesday for talks on how to coax the reclusive Communist country, which is thought to be preparing a missile launch, into fresh steps toward nuclear disarmament.

Boater found off Florida, NFL players still missing
March 3, 2009 at 3:38 am

ST. PETERSBURG, Florida (Reuters) - The U.S. Coast Guard rescued one of four boaters on Monday missing in the Gulf of Mexico since Saturday and continued the search for two National Football League players and another man.

Obama pushes centers as one focus of health reform
March 3, 2009 at 3:37 am

WASHINGTON (Reuters) - President Barack Obama has been vague about details of his healthcare reform efforts, but he provided a hint on Monday of one direction he could take -- community health centers.

Financial crisis to dominate Obama, Brown talks
March 3, 2009 at 2:48 am

WASHINGTON (Reuters) - British Prime Minister Gordon Brown will press President Barack Obama for details on his plans to fix the ailing U.S. financial sector in talks on Tuesday that will focus on the global economic crisis.

Eastern U.S. snowstorm snarls transport, power
March 2, 2009 at 9:58 pm

WASHINGTON (Reuters) - More than 1,000 flights were canceled and hundreds of thousands were left without power on Monday after a late-winter storm dumped more than a foot of snow along the East Coast of the United States.

Dow below 7,000 on AIG, bank concerns
March 2, 2009 at 2:34 pm

NEW YORK (Reuters) - Stocks skidded to fresh multiyear lows on Monday as the government bailed out American International Group again and reported a record $61.7 billion loss that raised fears efforts to stem the financial crisis still are not enough.

Guinea-Bissau's president, army chief killed
March 2, 2009 at 2:26 pm

BISSAU (Reuters) - Soldiers killed Guinea-Bissau's President Joao Bernardo "Nino" Vieira on Monday in an apparent revenge attack for the slaying of the army chief of the unstable West African country.

Stanford receiver finds liquidity crisis
March 2, 2009 at 2:25 pm

DALLAS (Reuters) - The lawyer appointed to run the Stanford Group Co and two other firms controlled by Texas billionaire Allen Stanford, accused in an $8 billion fraud, told a federal court on Monday that Stanford Group faces a dire financial squeeze.

Clinton doubts Iran will respond to overtures
March 2, 2009 at 2:23 pm

SHARM EL-SHEIKH, Egypt (Reuters) - U.S. Secretary of State Hillary Clinton is "doubtful" that Iran will respond to U.S. overtures of engagement when they are made, a senior State Department official said on Monday.

Eastern U.S. snowstorm snarls transport, power
March 2, 2009 at 2:20 pm

WASHINGTON (Reuters) - More than 1,000 flights were canceled and hundreds of thousands were left without power on Monday after a late-winter storm dumped more than a foot of snow along the East Coast of the United States.

Obama names Sebelius to lead health reform push
March 2, 2009 at 2:02 pm

WASHINGTON (Reuters) - President Barack Obama named Kansas Governor Kathleen Sebelius on Monday to lead his ambitious health reform effort, kicking off a week focused on revamping an inefficient healthcare system whose cost he fears is hurting the U.S. economy.

Resistance to flu drug widespread in U.S.: study
March 2, 2009 at 1:51 pm

WASHINGTON (Reuters) - Virtually all cases of the most common strain of flu circulating in the United States now resist the main drug used to treat it, the U.S. Centers for Disease Control and Prevention reported on Monday.

U.S. government vows not to use "waterboarding"
March 2, 2009 at 1:37 pm

WASHINGTON (Reuters) - U.S. Attorney General Eric Holder ruled out the use of "waterboarding" as an interrogation technique for terrorism suspects on Monday, calling it a form of torture that the Obama administration could never condone.

Donors pledge $4.48 billion to rebuild Gaza
March 2, 2009 at 1:26 pm

SHARM EL-SHEIKH, Egypt (Reuters) - International donors pledged $4.481 billion on Monday to help the Palestinian economy and rebuild Gaza after Israel's three-week offensive, insisting their funds bypass the territory's Hamas rulers.
 

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