Eric Linton

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ECB Intervenes to Stop European Bond Rout

The European Central Bank stepped in to stem an accelerating selloff of euro zone government bonds on Wednesday, traders said, after the United States called for more decisive action to halt the spreading sovereign debt crisis.
Nov 16, 2011

Obama, in Australia, Announces Basing of Marines in Darwin

President Barack Obama and Australian Prime Minister Julia Gillard Wednesday unveiled plans for a deepening of the U.S. military presence in the Asia-Pacific, starting with thousands of U.S. Marines operating out of a de facto military base in the Australian port of Darwin.
Nov 16, 2011

Syrian Army Defectors Battle Assad Forces Near Damascus

Syrian army defectors attacked an intelligence complex on the edge of Damascus early Wednesday, the first such reported assault on a major security facility in the eight-month uprising against President Bashar al-Assad, activists said.
Nov 16, 2011

NYPD Moves to Evict Occupy Wall Street

Police wearing helmets and carrying shields began early Tuesday morning to clear Zuccotti Park in New York City, where protesters from the Occupy Wall Street movement have been camped since September.
Nov 15, 2011

House and Senate Reach Deal to Avert Government Shutdown

Congressional negotiators agreed late Monday night to extend funding for many U.S. government programs to mid-December in a bipartisan move to avert any shutdown of agency operations that would otherwise occur by this weekend.
Nov 15, 2011

Cain's Wife Defends Him Against Harassment Charge

Republican presidential candidate Herman Cain is not the type of person who would sexually harass women, his wife Gloria Cain said in excerpts of a Fox News Channel interview released Sunday.
Nov 14, 2011

Obama Takes Hard Line on Chinese Trade Practices

President Barack Obama told China Sunday that the United States was fed up with its trade and currency practices, as he turned up the heat on America's biggest economic rival at an Asia Pacific summit.
Nov 14, 2011

U.S. Stock Futures Point Upward

Stock index futures pointed to a higher open on Wall Street Friday, with futures for the S&P 500 up 0.6 percent, Dow Jones futures up 0.4 percent and Nasdaq 100 futures up 0.7 percent at 0924 GMT (4:24 a.m. ET).
Nov 11, 2011

Greeks Welcome New Premier, Await Emergency Cabinet

Greeks lauded the nomination of new Prime Minister Lucas Papademos Friday and expressed hope that his government could put the economy back on track and calm political turmoil that has threatened to force Athens out of the euro zone.
Nov 11, 2011

Asian Markets Post Gains

Asian shares rebounded on Friday and the euro clawed higher, with European stocks also expected to make gains after brighter corporate news lifted U.S. stocks and debt-laden Italy was able to fund itself at a bond auction.
Nov 11, 2011

European Markets Open Higher

European shares drifted higher Friday on expectations that some political developments in highly indebted Italy and Greece could pave the way for tough austerity measures that are crucial to contain the region's two-year-old debt crisis.
Nov 11, 2011

Asian Markets Rise, Following U.S. Gains

Asian shares rebounded Friday and the euro clawed higher, with European stocks also expected to make gains after brighter corporate news lifted U.S. stocks and debt-laden Italy was able to fund itself at a bond auction.
Nov 11, 2011

European Stocks Rebound, Hoping for New Governments

European shares rose Thursday, recovering some of the ground lost in a heavy sell-off in the previous session on a spike in Italy's borrowing costs, with signs of new governments being formed in Italy and Greece, inspiring hopes of some stability.
Nov 10, 2011

Asian Stocks Sink on Italian Debt Fears

Asian stocks fell sharply Thursday after soaring Italian borrowing costs stoked fears the debt crisis in the euro zone's third biggest economy will overwhelm its financial defenses, raising the risk of a break-up of the currency area.
Nov 10, 2011

Italy Debt Fears Depress European Stocks

European stocks were lower at midday Wednesday as mounting concerns over Italy's debt kept investors on edge, following an early rally sparked by Silvio Berlusconi's pledge to step down as Italy's prime minister.
Nov 09, 2011

Leader of Arizona Immigration Crackdown Ousted in Recall

A powerful Republican state Senate leader who championed Arizona's controversial crackdown on illegal immigrants appeared headed for early removal from office in a historic recall election, returns showed Tuesday night.
Nov 09, 2011

Asian Markets and European Futures Rise on Berlusconi Departure

European shares looked set to follow Asian equities higher Wednesday and the euro steadied after Italian Prime Minister Silvio Berlusconi said he would resign, raising hopes the debt-ridden country would proceed with reforms that may keep Europe's debt crisis from spreading.
Nov 09, 2011

Greeks Struggle to Form Unity Government

Greek party leaders were struggling Tuesday to agree on a new prime minister, under pressure from the European Union to push through a bailout to save the country's finances and end the chaos threatening the euro.
Nov 08, 2011

Jitters Over Italy Depress Asian Markets

Asian shares wiped earlier gains and fell anew Tuesday, weighed by concerns that surging bond yields could stifle debt-ridden Italy's fund-raising ability and throw the euro zone deeper into financial turmoil, while Greece struggled to pick a new leader.
Nov 08, 2011

Asian Shares up, but Italian Debt Worry Caps Gains

Asian shares rose Tuesday, but gains were capped by concerns that surging bond yields could stifle debt-ridden Italy's fund-raising ability and throw the euro zone deeper into financial turmoil, while Greece struggled to pick a new leader.
Nov 08, 2011

Boxing Great Joe Frazier Dead of Cancer at 67

Joe Frazier, the relentless slugger who became the heavyweight champion of the world and earned boxing immortality with three epic battles against Muhammad Ali, died Monday at age 67, his personal manager said.
Nov 07, 2011

Ortega Sweeps to Landslide Re-election in Nicaragua

Nicaraguan President Daniel Ortega, a former Marxist rebel leader and Cold War enemy of the United States, marched toward a landslide re-election victory Monday morning after drawing broad support for his anti-poverty programs.
Nov 07, 2011

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