More From Eric Linton
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
UC Berkeley Cops Shoot Armed Man on Campus
Police at the University of California, Berkeley, shot and wounded a man on Tuesday they said brandished a gun in a computer lab .
Nov 16, 2011
Fears Rise that France is Next as Monti Gets to Work in Italy
Prime Minister-designate Mario Monti raced to assemble a new government for Italy Tuesday while a sharp rise in French borrowing costs raised fears that the two-year debt crisis may spread to the euro zone's second-biggest economy.
Nov 15, 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
Italy Sells 5-Year Bonds, but at Record 6.29% Rate
Italy paid a euro-era high price to sell five-year bonds on Monday, with investors wary of buying its debt until the country's new leadership undertakes profound economic reform.
Nov 14, 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
Italian Bond Costs Break 'Unsustainable' 7% Level; European Markets Shudder
Italian borrowing costs reached the breaking point Wednesday after Prime Minister Silvio Berlusconi's promise to resign failed to raise optimism about the country's ability to deliver on long-promised economic reforms.
Nov 09, 2011
Greeks Promise to Announce Government, but Can't Agree on Premier
Greek political leaders were scrambling Wednesday to agree on new prime minister to lead the country back from the brink of bankruptcy, after a plan to name a former European Central Bank official appeared to fall apart.
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
New Greek Government to Be Announced Wednesday
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
Leader of Arizona Immigration Crackdown Losing Recall Vote
A powerful Republican state Senate leader who spearheaded Arizona's controversial crackdown on illegal immigrants appeared headed for defeat Tuesday night in a historic recall election, early returns showed.
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
Cain Calling News Conference to Address New Charges
Republican presidential candidate Herman Cain will hold a news conference Tuesday to confront the latest sexual harassment allegations that are threatening to derail his campaign.
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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