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U.S., Britain close embassies in Yemen

U.S., Britain close embassies in Yemen

The United States and Britain announced today they have closed their embassies in Yemen because of security concerns.

 

Dutch to use full-body scans for U.S. flights

Dutch to use full-body scans for U.S. flights

All passengers flying to the United States from Amsterdam will get full-body scans because of the attempted Christmas Day terror attack on a U.S.-bound plane.

 

Hackers steal SKorean-US military secrets

Hackers steal SKorean-US military secrets

South Korea's military said Friday it was investigating a hacking attack that netted secret defense plans with the United States and may have been carried out by North Korea....

 

Europe: U.S., China must match climate change goals

Europe: U.S., China must match climate change goals

U.S., China have not offered to go far enough to combat climate change, a top EU official says as climate summit opens.

 

Somali pirates hijack oil tanker going to US

Somali pirates seized a tanker carrying crude oil from Saudi Arabia to the United States in the increasingly dangerous waters off East Africa, an official said Monday, an attack that could pose a huge environmental or security threat to the region....

 

U.S., Russia call for Iran to accept nuclear deal

Both President Obama and Russian leader Dmitry Medvedev want Iran to relinquish potential nuclear explosive material in return for fuel. A White House official says the two leaders discussed possible sanctions if Iran refuses to comply.

 

States May Sue Banks For Fraud Over Mortgage Crisis

States May Sue Banks For Fraud Over Mortgage Crisis

Frustrated by the banks' inability or unwillingness to stop an avalanche of foreclosures, the states are considering lawsuits over the creation and marketing of millions of bad loans as well as the dismal pace of mortgage modifications.

Such cases would have been impossible until recently, because federal regulators had exclusive oversight of national banks. But a 5-to-4 Supreme Court decision in June allowed the states to exercise their own supervision, giving them significant leverage.

 

USA Tops International Tax Haven List, Thanks To Delaware

USA Tops International Tax Haven List, Thanks To Delaware

The Government Accountability Office likes to point its finger at Luxembourg and the Cayman Islands for sheltering tax cheats. But according to the U.K.-based Tax Justice Network, the United States is the biggest tax shelter of 'em all, thanks to the great state of Delaware.

 

China trails only U.S. in billionaires

China trails only U.S. in billionaires

China ranks second only to the United States in the number of billionaires, according to an annual report of the 1,000 richest people in the country.

 

Bernanke says U.S. should cut budget deficit

Bernanke says U.S. should cut budget deficit

The United States must reduce its budget deficit and Asian nations must encourage more consumption to prevent a recurrence of the global imbalances that contributed to the financial crisis, Federal Reserve Chairman Ben Bernanke said Monday.

 

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