No debt ceiling deal in sight

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By Charles Riley @CNNMoney July 16, 2011: 7:40 AM ET NEW YORK (CNNMoney) — Just two weeks and a couple days. That’s how long Congress has to raise the debt ceiling, or risk economic catastrophe. The deadline has been a long time coming. Treasury started sending letters to lawmakers in […]

UK govt defends Murdoch ties as scandal spirals

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LONDON – Britain’s Conservative-led government denied Saturday that it was too close to Rupert Murdoch’s scandal-hit media empire, as the mogul apologized for phone hacking by one of his tabloids in full-page newspaper ads across the country. Government records show that Prime Minister David Cameron had scores of meetings with […]

Sovereignty revisited as interventions grow

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The Arab Spring (and its troublesome aftermath in Egypt); intervention in Libya; nonintervention in Syria; drone military operations in Pakistan, Yemen, Somalia; the influx of unwanted immigrants and walls of exclusion; and selective applications of international criminal law – all draw into question the most basic of all ideas of world order: […]

Rebekah Brooks resigns over UK phone-hacking scandal

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Phone hacking scandal forces resignation London (CNN) — Rebekah Brooks, former News of the World editor and chief executive of News International, has resigned in the wake of the phone hacking scandal, News International said Friday. Brooks, who was editor at the time of some of the most serious allegations […]

India’s unsolved bombings

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New Delhi – A series of bombings. No claim of responsibility. No prime suspects. Wednesday’s explosions in India’s financial capital Mumbai ticked a wearily familiar list of boxes in a country which is no stranger to bombings that go unclaimed and lack any transparent motive. Briefing reporters on Thursday about […]

Central Indonesian volcano erupts; residents flee

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Tomohon (Indonesia) Jul 15, (AP): Friday, July 15, 2011 –> A volcano in central Indonesia spit lava and smoke high into the air early today, sending thousands of panicked residents racing down its fiery slopes. One woman died of a heart attack as she fled, but no other casualties were […]

Pentagon hit by huge cyber theft

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A top Pentagon official has admitted that a massive amount of data related to new defence technologies were stolen earlier this year. “It was 24,000 files, which is a lot, but I don’t think it’s the largest we’ve seen,” William Lynn, the US deputy defence secretary, said on Thursday. Lynn revealed the […]

Murdochs to face UK government inquiry, FBI to probe News Corp

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LONDON (Reuters) – Rupert Murdoch on Thursday caved in to pressure from Britain’s parliament to answer questions over alleged crimes at one of his newspapers and denied that News Corp was drawing up plans to separate its newspaper holdings. Murdoch said News Corp had handled the crisis engulfing his media […]

US debt talks deadlock drags on

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President Barack Obama has told lawmakers he wants agreement on a US debt deal in 24-36 hours, Republican and Democratic aides say. A fifth consecutive day of cross-party negotiations at the White House between President Obama and congressional leaders failed to make a…