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Foreign holdings of US debt hit record high

Foreign holdings of US debt hit record high

(AP) Foreign holdings of US debt hit record highBy MARTIN CRUTSINGERAP Economics WriterWASHINGTONForeign demand for U.S. Treasury debt rose to a record high in February. China, the largest buyer of Treasury debt, increased its holdings for the second straight month.

Spain's bond yields jump as bailout fears grow

Spain's bond yields jump as bailout fears grow

By CIARAN GILESAssociated PressMADRIDSpain’s cost of borrowing on the international debt markets rose sharply again Monday, increasing concern that the country may become the latest member of the eurozone to seek a financial bailout. The yield _ the interest rate

Iran Delays til May

Iran Delays til May

TEHRAN, IranA semiofficial Iranian news agency is quoting the country’s foreign minister as saying that Tehran is ready to resolve all of its nuclear disputes in talks with world powers scheduled for late May in Baghdad. Isna on Monday quoted

UN's Ban: Syria must allow observers full access

UN's Ban: Syria must allow observers full access

By ZEINA KARAMAssociated PressBEIRUTU.N. Secretary-General Ban Ki-moon said Monday the Syrian government is responsible for guaranteeing U.N. observers full freedom of movement to monitor the country’s tenuous cease-fire, which appeared to be unraveling as regime forces pounded the opposition stronghold

Shelling in Syria as UN monitors begin mission

Shelling in Syria as UN monitors begin mission

By ZEINA KARAMAssociated PressBEIRUTAn advance team of U.N. observers was negotiating the ground rules with Syrian authorities Monday for monitoring the country’s 5-day-old cease-fire, which appeared to be rapidly unraveling as regime forces pounded the opposition stronghold of Homs with

'Iron Man 3' To Be Co-Produced In China

'Iron Man 3' To Be Co-Produced In China

(AP) Disney making ‘Iron Man 3’ with Chinese partner By JOE McDONALD AP Business Writer BEIJING Walt Disney Co. said Monday it will co-produce its next “Iron Man” movie with a Chinese partner in Hollywood’s latest effort to forge closer

Britain faces Olympic threat from 'lone wolves'

Britain faces Olympic threat from 'lone wolves'

Britain will mount its biggest peacetime security operation for the London Olympics, with “lone wolf” attacks causing most concern but a range of other threats also under surveillance. A security force of more than 40,000, backed by a huge intelligence

4 Hearings This Week on GSA Spending Scandal

4 Hearings This Week on GSA Spending Scandal

(AP) 4 hearings this week on agency’s spending scandalBy LARRY MARGASAKAssociated PressWASHINGTONA culture of wasteful spending by the General Services Administration, the real estate agency for federal buildings, comes under scrutiny at four congressional hearings this week. Two House and

Obama's 'Americas' Summit a Bust

Obama's 'Americas' Summit a Bust

US President Barack Obama came to Colombia hoping to defend US trade interests in Latin America. Instead, he found himself isolated on Cuba, and faced with a Secret Service sex scandal. Pressure from his counterparts at the Summit of the

Dems, Obama Raise $53M in March

Dems, Obama Raise $53M in March

(AP) Obama raises $53M for campaign, Democrats in MarchKEN THOMASAssociated PressWASHINGTONPresident Barack Obama raised a combined $53 million for his campaign, the Democratic Party and other campaign funds in March, his campaign said Monday as it prepared to face Mitt

Netanyahu Blasts Obama's Iran 'Freebie'

Netanyahu Blasts Obama's Iran 'Freebie'

President Barack Obama and Israeli Prime Minister Benjamin Netanyahu are at odds over last week’s multi-nation talks with Iran in Istanbul, with Netanyahu suggesting that the rest of the world had merely given Iran a “freebie.” The talks–attended by the

Israeli PM Says Nuclear Talks Gave Iran 'Gift'

Israeli PM Says Nuclear Talks Gave Iran 'Gift'

(AP) Israeli leader says nuclear talks gave Iran ‘gift’JERUSALEMIsrael’s prime minister says Iran got a “gift” from the world’s big powers at nuclear talks this weekend. Officials from the United States, Russia, China, Britain, France and Germany met with Iran

Bolivia: US 'Dictatorial' on Cuba

Bolivia: US 'Dictatorial' on Cuba

(AP) Split over Cuba could sink hemispheric summitsBy FRANK BAJAK and VIVIAN SEQUERAAssociated PressCARTAGENA, ColombiaCould this weekend’s gathering of about 30 Western Hemisphere leaders be the last Summit of the Americas? The question hung in the air as the leaders

Support for Spain's PM Drops Over Austerity Cuts

Support for Spain's PM Drops Over Austerity Cuts

MADRID (Reuters) – Support for Spanish Prime Minister Mariano Rajoy fell sharply in April after his government announced deep spending cuts and health and education reforms to fight the sovereign debt crisis, an opinion poll showed on Sunday.

Hillary Parties In Colombia

Hillary Parties In Colombia

At this weekend’s Sixth Summit of the Americas in Cartagena, Colombia, Hillary Clinton decided to get her groove on at taxpayer expense. Beer in hand, the Secretary of State partied with her friends at the Café Havana last night. No

'Quid Pro Quo': Dem Rep Says Obama Selling Access

'Quid Pro Quo': Dem Rep Says Obama Selling Access

Heavy donors to the Obama re-election effort have gained special access to the President, according to the New York Times today. Friends of Obama like Dwight and Antoinette C. Bush, who hosted a $17,900-per-plate fundraiser for the president in their