United States

Stories 661 - 680 | << Prev   Next >>

Countrywide Reeling From Mortgage Woes

No. 1 mortgage company warns investors of 'unprecedented disruptions'

(Newser) - The nation's largest mortgage lender has warned that troubles in the subprime credit market have led to "unprecedented disruptions" that will hurt their bottom line. The Los Angeles Times reports that Countrywide is steeling its investors for bad news: in a suddenly illiquid market the already-troubled company has been...

Musharraf Bails on Karzai Meeting
Musharraf Bails on Karzai Meeting
Aug 8, 2007 2:16 PM CDT

Musharraf Bails on Karzai Meeting

Pakistan chief snubs Afghan jirga; US claims 'good reasons'

(Newser) - Pervez Musharraf has backed out of meetings with his Afghan counterpart in an abrupt snub that initially shocked Washington. Musharraf told Hamid Karzai he has other “engagements" at home in Pakistan and can't attend the meeting of tribal leaders intended to discuss military violence. The US is looking into...

China Threatens to Crash Dollar
China Threatens to Crash Dollar
Aug 8, 2007 5:04 AM CDT

China Threatens to Crash Dollar

(Newser) - The Chinese government is threatening to crash the American dollar by liquidating its $1.33 trillion in foreign reserves if the US dares impose trade sanctions to force a revaluation of yuan, reports the Telegraph. Two Communist Party officials have given interviews in recent days with stern warnings directed at...

Gates Warns of 'Protracted' Iraq Stay

Troops will remain to support government, Defense chief says

(Newser) - US troops will likely remain in Iraq for a "protracted period of time," Defense Secretary Robert Gates warned yesterday. Soldiers would remain as a "stabilizing and supporting force" for the government long after combat troop numbers are reduced, he said in a CNN interview. Gates couldn't say...

Bush, Brown Back UN Iraq Force
Bush, Brown Back UN Iraq Force
Aug 3, 2007 8:09 AM CDT

Bush, Brown Back UN Iraq Force

Security Council resolution could mark beginning of exit strategy

(Newser) - The US and UK have circulated a draft resolution to the UN Security Council that would greatly increase the UN's role in Iraq, writes the Times of London. The resolution follows Bush and Brown's meeting at Camp David and is seen as a step towards an exit strategy from Iraq...

Bolton: UK Can Have Just One Closest Ally

It's the EU or us, writes former UN ambassador

(Newser) - Famously combative John Bolton claims that the fate of the US-UK "special relationship" lies entirely with Gordon Brown and the new British government. In an op-ed for the Financial Times, the former UN ambassador writes that the new PM must choose sides: either stand by the US or continue...

Key Sunni Bloc Deserts Maliki
Key Sunni Bloc Deserts Maliki
Aug 1, 2007 3:01 PM CDT

Key Sunni Bloc Deserts Maliki

Defection deepens political crisis as suicide bombs kill 70

(Newser) - The Sunni Accordance Front defected from Iraq's government today, accusing PM Nuri al-Maliki of being uncooperative, Reuters reports, on a day when suicide bombs killed more than 70 in Baghdad. "This is probably the most serious political crisis we have faced since the passage of the constitution,'' a...

Rice Pushes Peace Talks With Olmert, Abbas

Takes mission to Jerusalem, West Bank

(Newser) - Condoleezza Rice took her diplomatic tour to Jerusalem and the West Bank today, hoping to rekindle peace negotiations between Israel and the Palestinian government of Mahmoud Abbas. Rice comes bearing a promise from Saudi Arabia to support the peace conference proposed by the White House for later this year, Reuters...

Russians Advance on North Pole
Russians Advance on North Pole
Jul 29, 2007 5:34 PM CDT

Russians Advance on North Pole

With eye on energy-rich seabed, submarines make test dive

(Newser) - In a race to claim rich natural resources under the North Pole, two Russian submarines successfully dove several thousand feet in Russia's northern territorial waters today, Reuters reported. Though US and Russian subs have long plied the waters under the pole, none has reached the seabed there, at a depth...

US Will Share Nuke Fuel, Technology With India

Civilian deal reverses US precedent

(Newser) - The United States unveiled a plan today to share nuclear fuel and technology with India, upending decades of American non-proliferation strictures, the AP reports. The deal allows only civilian uses, but critics are concerned nonetheless about the specter of an Asian  nuclear arms race.

Raul Castro Assumes Spotlight
Raul Castro Assumes Spotlight
Jul 26, 2007 3:25 PM CDT

Raul Castro Assumes Spotlight

Dictator's brother fills in at annual rite, rapping US, Bush

(Newser) - Fidel Castro did not give his usual sermon at Cuba's annual Revolution Day celebration today; instead, his brother Raul took center stage. The no-longer-quite-so-interim leader, who assumed power a year ago because of his brother's health problems, told a cheering crowd that he's willing to negotiate with the US after...

Bush Gets Personal with Iraqi PM
Bush Gets Personal
with Iraqi PM
Jul 25, 2007 5:43 AM CDT

Bush Gets Personal with Iraqi PM

Leaders' virtual meetings produce few concrete results

(Newser) - Across thousands of miles, President Bush remains a close adviser to Iraqi PM Nuri al-Maliki. At least every 2 weeks, the politicians confer over a satellite uplink, usually for more than an hour of discussion about the civil war, Iraq's future, and even their shared religious devotion. "They talk...

Iran Talks Raise Tension, But Not Consensus

On first day of sitdown, parties still tangled over allegations of interference

(Newser) - The United States and Iran began their first day of diplomatic talks on Iraq today, but the Times reports that the summit is still tangled over US allegation that Iran is funding armed militias inside Iraq. Iran vehemently denied the charge today; an American official who attending the meeting said...

Musharraf Faces Bumpy Road to Re-Election

Bhutto mounts challenge to second presidential term

(Newser) - Pervez Musharraf is facing yet another hurdle: Benazir Bhutto says she will return to Pakistan to challenge his plans for another presidential term. The exiled ex-PM tells the Sunday Times she is considering abandoning talks with the increasingly unpopular Musharraf, embarrassed last week after the country's Supreme Court reinstated the...

Bush Satisfied With Iraq Progress
Bush Satisfied With Iraq Progress
Jul 12, 2007 4:56 PM CDT

Bush Satisfied With Iraq Progress

Acknowledging 'war fatigue,' president warns against hasty withdrawal

(Newser) - President Bush used today's interim report on the Iraq war to renew his call for Congress to withhold judgment on the troop surge until a September update, saying the military will "be in a better position to adjust" in 2 months. The report notes positive movement in eight out...

China's Surplus Soars to $26.9B
China's Surplus Soars to $26.9B
Jul 10, 2007 2:59 PM CDT

China's Surplus Soars to $26.9B

Weak yuan is driving China's economy to a record expansion; trade surplus nearly doubled

(Newser) - China's trade surplus surged to a record $26.9B in June, an 87% increase since last year. Economists attribute the trade gap to China's significantly—as much as 40%—underpriced currency, the yuan, reports Bloomberg. Half of China's surplus is with the US, which recently began preparing legislation to sanction...

Record Highs Scorch West
Record Highs Scorch West
Jul 6, 2007 5:51 AM CDT

Record Highs Scorch West

Sizzling towns open swelter shelters for elderly as heat goes on

(Newser) - A searing heat wave is likely to continue barbecuing the western U.S. today after record temperatures soared to 127 in Death Valley, 125 in nearby Baker and 116 in Phoenix yesterday. Las Vegas sizzled at 116 degrees with humidity in the single digits, and even northeastern Oregon cracked 107...

US Plays Down New Terror Attack Warning

No specific evidence, Homeland Security Chief maintains

(Newser) - Homeland Security Chief Michael Chertoff has minimized reports of an al-Queda terrorism "spectacular" this summer, described in a secret US law enforcement document. There is no "specific, credible evidence" of an impending attack on the US, Chertoff says, according to the Boston Herald. But one senior official notes...

Majority of Alcoholics Are Young Adults

Study splits drinkers into 5 categories; 2 largest are in 20s

(Newser) - More than half of all alcoholics in the United States are young adults, reveals a new study that surveyed 1,484 US adults. The study, reported by CBS, divided problem drinkers into five types. Despite the stereotype of the alcoholic as middle-aged, the average age in the two largest groups—...

California Ranked Worst for Traffic
California Ranked Worst for Traffic
Jun 29, 2007 3:03 PM CDT

California Ranked Worst for Traffic

New Jersey boasts poorest road system

(Newser) - California ranks No.1 in the US for interstate traffic jams, says a new study which focused on congestion around big cities. With traffic snarled on 83.3% of its urban roadways, the Golden State edged out runners-up Minnesota and New Jersey. Surprisingly, New York—gridlock central—only came in...

Stories 661 - 680 | << Prev   Next >>