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Moody's slashes Spain debt ratings three notches

Moody's slashes Spain debt ratings three notches

NEW YORK (Reuters) – Credit ratings agency Moody’s Investors Service cut its rating on Spanish government debt on Wednesday by three notches to Baa3 from A3, saying the newly approved euro zone plan to help Spain’s banks will increase the

Reports: NKorea missile launchers came from China

Reports: NKorea missile launchers came from China

By ERIC TALMADGEAssociated PressTOKYOJapan has evidence that a Chinese company exported to North Korea vehicles capable of transporting and launching missiles, in possible violation of U.N. sanctions, Japanese media reported Wednesday. China called the reports inaccurate, and denied violating any

Moody's downgrades Cyprus on Greek euro exit fears

Moody's downgrades Cyprus on Greek euro exit fears

By MENELAOS HADJICOSTISAssociated PressNICOSIA, CyprusMoody’s credit ratings agency on Wednesday drove Cyprus deeper into junk status with a two-notch downgrade to Ba3 over an increased likelihood that debt-crushed Greece will leave the eurozone. Moody’s said in a statement that it

Scarborough Bashes 'Cheetos' Eating Online Journalists

This morning on “Morning Joe” on MSNBC, Joe Scarborough launched into a tirade about “cheeto-eating” bloggers, suggesting that they should “shut up,” and that they were irrelevant to the political debate: “You know, you can go online and act like

David Brock's War on Religion

David Brock's War on Religion

We’ve reported on the rank anti-semitism at David Brock’s Media Matters for America. We’ve also reported on Media Matters’ war on Christians – which is likely based on Christians’ loyal support for Israel. Heck, they’ve even sprinkled in some Islamophobia on

'Dallas' Reboot Rakes the Rich

'Dallas' Reboot Rakes the Rich

The primetime soap opera “Dallas” introduced us to the richer than rich Ewing clan. Today, being “rich” isn’t as much fun as it used to be, if the new “Dallas” reboot is any indication. The Washington Times’ Peter Suderman reviews

Comedian Jerry Lewis Doing 'Fine' in Hospital

Comedian Jerry Lewis Doing 'Fine' in Hospital

(AFP) US comedy legend Jerry Lewis spent the night in hospital in New York after feeling faint, but is doing “fine” and was expected to be released Wednesday, an aide said. The 86-year-old “Nutty Professor” actor was rushed to hospital

'Game of Thrones' Shows Bush's Head on Spike

'Game of Thrones' Shows Bush's Head on Spike

The hit HBO series “Game of Thrones” features some epic sword battles and gore. And, apparently, the disembodied head of the 43rd President of the United States. (See video below) The web site io9.com reports the first season DVD of

Study: Liberals Leading Haters of Mormonism

Study: Liberals Leading Haters of Mormonism

American liberals are the new face of anti-Mormonism, according to a new study by American National Election Studies (ANES). According to ANES, 35 percent of Americans in February said they weren’t inclined to vote for a Mormon, an upswing of

More Wisconsin Fallout: Obama's Union Support Drops

More Wisconsin Fallout: Obama's Union Support Drops

A new Gallup poll shows that union member support for President Obama has dropped dramatically since his huge election victory in 2008. During that election, 67 percent of union members voted for Obama. Today, just 57 percent of union members

Rubio Endorses Obama El Salvador Nominee

Rubio Endorses Obama El Salvador Nominee

Tea Party favorite Sen. Marco Rubio (R-FL) has said that he will vote with Democrats if he has to in order to confirm President Obama’s choice for ambassador to El Salvador. Obama’s current ambassador, Mari Carmen Aponte, was a recess

Germany: no breakthrough at EU growth policy talks

Germany: no breakthrough at EU growth policy talks

By JUERGEN BAETZAssociated PressBERLINGerman Chancellor Angela Merkel and the country’s opposition leaders failed to reach an agreement on a European growth initiative in a new round of talks Wednesday, according to participants. Merkel and top opposition lawmakers held talks at

Conservatives: Greece must form govt this time

Conservatives: Greece must form govt this time

By ELENA BECATOROSAssociated PressATHENS, GreeceGreece must form a government after this weekend’s vote, Conservative leader Antonis Samaras said Wednesday, insisting that his country should stay in the eurozone and try to amend its international bailout deal to stimulate its moribund

Stocks slip on Wall Street as Italy's rates soar

Stocks slip on Wall Street as Italy's rates soar

By CHRISTINA REXRODEAP Business WriterNEW YORKU.S stocks struggled for direction Wednesday, with the debt maelstrom in Europe as an ominous backdrop. The major stock indexes opened lower, then briefly turned positive. Shortly before noon, the Dow Jones industrial average and

Panetta Promises No Unauthorized Info to Filmmakers

By DONNA CASSATAAssociated PressWASHINGTONDefense Secretary Leon Panetta says no unauthorized information was provided to filmmakers producing a movie on the raid that killed Osama bin Laden. Panetta, the former CIA director, told the Senate Wednesday that there is a Defense

Spain calls for European integration to save euro

Spain calls for European integration to save euro

(AP) Spain calls for European integration to save euroBy ALAN CLENDENNING and HAROLD HECKLEAssociated PressMADRIDSpain’s Prime Minister Mariano Rajoy went on the offensive in parliament Wednesday, calling for greater European fiscal and banking integration in a battle to save the

US, India see progress with nuclear deal

US, India see progress with nuclear deal

The United States and India sought Wednesday to dispel doubts over their relationship as a US company signed a deal on nuclear power — an area emblematic of disappointment between the countries. US Secretary of State Hillary Clinton, holding annual

Russia fined for fan violence at Euro 2012 match

Russia fined for fan violence at Euro 2012 match

By GRAHAM DUNBARAP Sports WriterWARSAW, PolandUEFA fined the Russian soccer association $150,000 Wednesday because its fans attacked stadium stewards at a European Championship match. Russia could be deducted six points in its Euro 2016 qualifying group for a repeat offense.

Syria claims it has retaken rebellious village

Syria claims it has retaken rebellious village

By DIAA HADIDAssociated PressBEIRUTSyrian forces pushed out scores of rebels holed up in a rebellious area near the Mediterranean coast Wednesday and state television said they retook control of the region following eight days of fierce shelling and clashes. The

Russia presses Iran ahead of nuclear talks

Russia presses Iran ahead of nuclear talks

Russian Foreign Minister Sergei Lavrov flew into Iran on Wednesday for a brief visit to discuss upcoming international talks over Tehran’s disputed nuclear programme. The trip preceded a new round of negotiations between Iran and the major powers that is

More than 7 in 10 US teens jobless this summer

More than 7 in 10 US teens jobless this summer

(AP) More than 7 in 10 US teens jobless in summerBy HOPE YENAssociated PressWASHINGTONOnce a rite of passage to adulthood, summer jobs for teens are disappearing. Fewer than three in 10 American teenagers now hold jobs such as running cash

US retail sales fell in May

US retail sales fell in May

(AP) US retail sales dropped 0.2 percent in MayBy MARTIN CRUTSINGERAP Economics WriterWASHINGTONU.S. retail sales declined in April and May, pulled down by a sharp drop in gas prices. But even after excluding volatile gas sales, consumers barely increased their

Survivor of shooting spree wins Ariz. House seat

Survivor of shooting spree wins Ariz. House seat

(AP) Survivor of shooting spree wins Ariz. House seatBy KEVIN FREKING and WALTER BERRYAssociated PressPHOENIXRon Barber, who almost lost his life in the Arizona shooting rampage that wounded former Rep. Gabrielle Giffords, won a special election to succeed her, giving