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Asia safe from Europe's woes, says Fitch

Asia safe from Europe's woes, says Fitch

Asian economies are better shielded from Europe’s financial woes than other regions and China is unlikely to undergo a “hard landing” despite recent gloomy data, credit watchdog Fitch said Monday. In a media telephone conference, the US-based firm’s head of

European stocks drop at open on Greece concerns

European stocks drop at open on Greece concerns

European stock markets fell in opening trade on Monday, rattled by ongoing political uncertainty in Greece. London’s benchmark FTSE 100 index slid 0.80 percent to 5,531.21 points, Frankfurt’s DAX 30 shed 1.31 percent to 6,494.25 points and in Paris the

Iran in fresh talks with UN nuclear watchdog

Iran in fresh talks with UN nuclear watchdog

Iran and the UN nuclear agency on Monday went into two days of talks, their first since two failed visits three months ago aimed at clarifying suspicions Tehran had done nuclear weapons research. The Vienna meeting between Iran’s envoy to

François Hollande, the One Percent Socialist

François Hollande, the One Percent Socialist

French voters are learning that their newly-elected Socialist president, François Hollande owns three homes on the French Riviera, according to the Daily Mail: France’s new Socialist president owns three holiday homes in the glamorous Riviera resort of Cannes, it emerged

Brown Banks on Tax Hikes to Bridge Budget Gap

Brown Banks on Tax Hikes to Bridge Budget Gap

(AP) Brown to detail budget for tackling $16B shortfallBy JUDY LINAssociated PressSACRAMENTO, Calif.California Gov. Jerry Brown will lay out details of a revised state spending plan Monday after announcing over the weekend that the state’s budget shortfall has swelled to

Edwards' lawyers set to begin presenting defense

Edwards' lawyers set to begin presenting defense

(AP) Edwards’ lawyers set to begin presenting defenseGREENSBORO, N.C.Lawyers for John Edwards will begin presenting his defense at the former presidential contender’s campaign-finance trial. The first witnesses to be called by the defense include former Federal Election Commission chairman Scott

GOP Launches Super PAC Targeting Young Voters

GOP Launches Super PAC Targeting Young Voters

(AP) New ‘super’ PAC hopes to woo younger votersBy JACK GILLUMAssociated PressWASHINGTONPresident Barack Obama counted on the support of younger voters four years ago. Now, a new Republican-leaning “super” political committee wants to bring them to the GOP’s side. Crossroads

Spain raises nearly $3.8 billion in debt auction

Spain raises nearly $3.8 billion in debt auction

By CIARAN GILESAssociated PressMADRIDSpain managed to raise (EURO)2.9 billion ($3.8 billion) in a short-term bond auction on Monday, but concerns over the future of the euro currency union pushed investors to demand higher interest rates to lend the money and

Obama Plays the Bain Card Early

Obama Plays the Bain Card Early

(AP) Obama seeks to undercut Romney’s record on jobsBy KEN THOMASAssociated PressWASHINGTONPresident Barack Obama is casting Mitt Romney as a greedy, job-killing corporate titan with little concern for the working class in a new, multi-pronged effort that seeks to undermine

'Avengers' Add $103M In Sprint To $1 Billion

'Avengers' Add $103M In Sprint To $1 Billion

(AP) ‘Avengers’ add $103.2M in sprint to $1 billion LOS ANGELES The superhero blockbuster took in $103.2 million to lead for a second-straight weekend, raising its domestic total to $373.2 million, according to studio estimates Sunday. With $95.4 million more

Syrians raid village, violence bleeds into Lebanon

Syrians raid village, violence bleeds into Lebanon

By BEN HUBBARD and HUSSEIN MALLAAssociated PressBEIRUTSyrian forces killed at least five people when they raided a Sunni farming village on Sunday, torching homes and looting shops in what activists said is a sign of worsening relations among the country’s

Official: 49 headless bodies left on Mexico highway

Official: 49 headless bodies left on Mexico highway

By PORFIRIO IBARRA RAMIREZAssociated PressMONTERREY, MexicoForty-nine decapitated and mutilated bodies were found Sunday dumped on a highway connecting the northern Mexican metropolis of Monterrey to the U.S. border in what appears to be the latest blow in an escalating war

Movie Stars and Mavericks Set Course for Cannes

Movie Stars and Mavericks Set Course for Cannes

(AFP) Arthouse directors and Hollywood royalty will converge on the French Riviera for two weeks from Wednesday as the Cannes Film Festival rolls out the red carpet for the giants and mavericks of the movie galaxy. David Cronenberg, Ken Loach

Bass Player Donald 'Duck' Dunn Dies in Tokyo

(AP) Bass player Donald ‘Duck’ Dunn dies in TokyoTOKYOBass player and songwriter Donald “Duck” Dunn, a member of the Rock ‘n’ Roll Hall of Fame band Booker T. and the MGs and the Blues Brothers band, has died in Tokyo.

Virginia Emerges as Key 2012 Battleground

Virginia Emerges as Key 2012 Battleground

US conservatives are stepping up efforts to defeat Barack Obama in Virginia, a state the first US black president carried four years ago. Six months before the election, Virginia is poised to become one of the great battlegrounds of American

Walker Rallies GOP for Recall

Walker Rallies GOP for Recall

(AP) Walker says Republicans should focus on his raceBy SCOTT BAUERAssociated PressGREEN BAY, Wis.Gov. Scott Walker said Friday that Republicans gathering for the annual state convention this weekend should be focused on ensuring he and five other Republicans survive June

Britain balances defence budget 'black hole'

Britain balances defence budget 'black hole'

Britain’s defence secretary said he had finally balanced his department’s books, in an interview out Sunday, following a week in which he made a U-turn on purchasing jets, to the annoyance of France. Philip Hammond told The Sunday Times newspaper

BlueZone Crisis: California Deficit Soars to $16 Billion

BlueZone Crisis: California Deficit Soars to $16 Billion

(AP) California facing higher $16 billion shortfallBy JUDY LINAssociated PressSACRAMENTO, Calif.California’s budget deficit has swelled to a projected $16 billion _ much larger than had been predicted just months ago _ and will force severe cuts to schools and public