Richardson withdrawal leaves gap in Cabinet picks
WASHINGTON - The Cabinet that President-elect Barack Obama picked on a fast track has an unexpected opening, with New Mexico Gov. Bill Richardson, Obama's choice for commerce secretary, withdrawing under pressure of a federal investigation into how his political donors landed a lucrative transportation contract.
Nations:U.S. People:Bill Richardson Barack Obama Activities:Obama Admin. Blagojevich Corruption Case Source:(AP)
2009-01-05
US inaugurates new $700 million embassy in Baghdad
BAGHDAD - The United States inaugurated its largest embassy ever in the heart of the Green Zone on Monday, officially opening the fortress-like compound that was built as a testament to America's commitment to Iraq.
Nations:Iraq People:George W. Bush Jalal Talabani John Negroponte Activities:Second Gulf War
2009-01-05
How Israel, Hamas define victory in Gaza
Tel Aviv - Escalating a week-long assault against Hamas, Israel invaded Gaza over the weekend to stop the Islamist militants who continue to launch cross-border rocket attacks.
Nations:Lebanon Egypt Israel People:Ehud Olmert Activities:Hamas Gaza Conflict Source:(Christian Science Monitor)
2009-01-05
Minn. board expected to announce Al Franken winner
MINNEAPOLIS - The state Canvassing Board was poised to certify the results of the recount in Minnesota's grueling Senate election in Al Franken's favor -- but that doesn't mean the race is definitely over.
Nations:U.S. People:Al Franken Norm Coleman Charles Schumer Activities:US Election 2008 Source:(AP)
2009-01-05
Obama to detail economic vision
Barack Obama will lay out his vision for a massive economic stimulus plan in meetings with congressional leaders Monday. Perhaps more important, he'll be taking a major step toward rebuilding the broken relationship between the executive branch and the legislative branch.
People:Rahm Emanuel Mitch McConnell John Boehner Dick Durbin Harry Reid Dennis Hastert Activities:Obama Stimulus Package Obama Admin.
2009-01-05
SEC Must "Defend Its Existence' After Madoff Lapses
Jan. 5 (Bloomberg) -- The U.S. Securities and Exchange Commission may come under fire from lawmakers today for failing to quash Bernard Madoff’s alleged $50 billion Ponzi scheme after an investor alerted the agency to the suspected fraud.
Nations:U.S. People:Christopher Dodd Charles Grassley Barack Obama George W. Bush Activities:Madoff Fraud Case
2009-01-05
Worldwide alarm at Israeli ground offensive
PARIS (AFP) - Israel's tank and troop assault on the Gaza Strip provoked cries of alarm worldwide Sunday, but Israel won heavyweight US backing and moves for an immediate ceasefire foundered at the United Nations.
Nations:Egypt China Syria Jordan Lebanon Pakistan People:Dmitry Medvedev Nicolas Sarkozy Gordon Brown Hosni Mubarak Barack Obama Condoleezza Rice Activities:Hamas Gaza Conflict
2009-01-04
Wall Street braces for 2009's first full week
NEW YORK - Wall Street will open for trading Monday at a two-month high as investors have grown more optimistic that the worst of the market's rout might be over. But, analysts contend, the real test is still to come.
Nations:U.S. People:Steve Jobs Activities:U.S. Markets Madoff Fraud Case Source:(AP)
2009-01-04
Richardson withdraws bid to be commerce secretary
WASHINGTON - New Mexico Gov. Bill Richardson on Sunday announced that he was withdrawing his nomination to be President-elect Barack Obama's commerce secretary amid a grand jury investigation into how some of his political donors won a lucrative state contract.
Nations:U.S. People:Bill Richardson Barack Obama Activities:Obama Admin. Blagojevich Corruption Case
2009-01-04
Israeli troops and tanks slice deep into Gaza
GAZA CITY, Gaza Strip - Thousands of Israeli troops backed by tanks and helicopter gunships surrounded Gaza's largest city and fought militants at close range on Sunday, in the first full day of an overwhelming ground offensive in the coastal territory.
Nations:Israel Lebanon People:Mitch McConnell Shimon Peres Ehud Olmert Dick Durbin Harry Reid Dick Cheney Source:(AP)
2009-01-04
Fear, shortages for civilians caught in Gaza fight
GAZA CITY, Gaza Strip - Anas Mansour sleeps in his street clothes in a south Gaza refugee camp, with his ID in his pocket so he can flee quickly if fighting gets worse. In Gaza City, the 10 members of the Karam family huddle in their hallway at night, kept awake by artillery fire booming outside.
Nations:Egypt Activities:Hamas Gaza Conflict Source:(AP)
2009-01-04
Critics say Newark barbed wire ban helps criminals
NEWARK, N.J. - Some business owners in this crime-plagued city say recent enforcement of a decades-old ordinance prohibiting some types of barbed wire and razor wire is making Newark more attractive -- to thieves.
Nations:U.S. Source:(AP)
2009-01-04
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