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Muammar Gaddafi

Libya rebels take casualties in fight for Brega

Rebels on the eastern front of Libya's civil war lost 11 men in the past 24 hours fighting to capture the strategic oil terminal and refinery at Brega on the Mediterranean coast, hospital sources said.
Rating the Rating.

SEC Investigation of S&P: Could be Bad Move for Obama

The U.S. Securities and Exchange Commission (SEC ) is now looking into potential insider trading by Standard & Poor's employees before the rating agency's decision to downgrade the U.S.'s long-term debt, according to Financial Times.
At Issue: The Afghanistan War

Navy SEALs Afghanistan: General Says Crash Happened During Pursuit, Not Rescue

Contradicting earlier official reports, the top American commander in Afghanistan told reporters that the 17 Navy SEALs killed alongside 13 other U.S. troops and eight Afghan commandos were not on a rescue mission, The Daily reported. Instead, their helicopter came under fire after they had been called in to chase fleeing Taliban fighters.
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"Chaos reigns" as courts struggle to process UK rioters

Courts around Britain were struggling on Thursday to cope with a huge influx of people arrested during this week's riots, including a millionaire's daughter, a charity worker and a woman who handed herself in after suffering pangs of guilt.
At Issue: U.S. Deficit Reduction

U.S. Debt Deal: With Super Committee Seats Filled, Hard Work Begins

House Minority Leader Nancy Pelosi, D-Calif., rounded out the super committee by announcing her three House Democratic members for the special bipartisan board. Now the tough work begins: reducing the deficit by at least another $1.5 trillion over 10 years, and as far as the financial markets are concerned, the sooner the reduction is announced, the better.
A trader stands in front of screens at the bourse in Madrid

Short-Selling Ban a ?Political Smokescreen?

Researchers at a leading European business school are blasting financial regulators in France, Belgium, Italy and Spain for imposing or extending short-selling bans in the wake of renewed market volatility.
U.S. Republican presidential candidate Tim Pawlenty speaks beside Michele Bachmann during the Republican presidential debate in Ames

Bachmann, Pawlenty Spar in Iowa Debate

Thursday night's Republican debate featured sparring between Michele Bachmann and Tim Pawlenty. It was a classic case of "anything you can do, I can do better," but, actually, it was more like "whatever your record is, mine is obviously better."

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