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IMF Calls on U.S. to Raise Debt Ceiling

International Monetary Fund
The International Monetary Fund Monday underscored the need for Congressional Democrats and Republicans to get their act together: it said the U.S. must raise its debt ceiling quickly, and get its debt under control, for the good of the global economy
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Oslo Norway Gunman Seeks Open Hearing (Latest Photos: Breivik, Massacre Scenes, Manifesto and More)

Norway massacre exposes incendiary immigration issue

Norwegian Anders Behring Breivik said he killed 93 people to spark a "revolution" against the multiculturalism he believed was sapping Europe's heritage, and experts say a frank debate about immigration may be the best way to prevent similar explosions of violence.
A high speed bullet train runs past a railway bridge past carriage wreckage (below) after two trains crashed and derailed in Wenzhou, Zhejiang province July 25, 2011. China sacked three senior railway officials on Sunday after a collision between two high

China's effort to muzzle news of train crash sparks outcry

Government directives demanding journalists not question official accounts of a deadly high-speed train crash in eastern China are fueling public anger and suspicion about conflicting details of the accident, such as the death toll.
Norway attacker detained, claims collaborators

Norway killer tells judge "two more cells" exist

Anders Behring Breivik told a Norwegian judge on Monday his bombing and shooting rampage that killed 93 people aimed to save Europe from a Muslim takeover, and said that "two more cells" existed in his organization.
Dominique Strauss-Kahn leaving his temporary Manhattan residence

Housekeeper: Strauss-Kahn Acted Like 'Crazy Man'

A housekeeper publicly stated details to Newsweek on Sunday regarding the sexual assault attack by former International Monetary Fund (IMF) managing director Dominique Strauss-Kahn in a New York City hotel room.
At Issue: Social Security

Social Security Payment Increases - Debt Deal Casualty?

Baby Boomers - the size of your Social Security payment may be lowered, if the current mood in Congress prevails. That's because 'Gang of Six' debt deal plan negotiators want to change the inflation/cost of living formula -- a change that would result in smaller annual payment increases for inflation.
U.S. Capitol

Separate Debt Deal Plans Emerge Amid Gridlock

Less than 9 days remain before the U.S. Government defaults on is debt, and the debt impasse continues. So far, institutional investor patience has been remarkable, as Asian markets were relatively calm in Monday trading. But how long can that last, if Washington remains gridlocked?
Tony Blair

Citizens Promised Reward of $4,500 to Arrest Tony Blair

New Zealanders can earn thousands of dollars by arresting former British Prime Minister Tony Blair for the alleged war crimes committed during the illegal invasion of Iraq, says a press release issued by Global Peace and Justice Auckland.
Latest Photos: Royal Reactions to Norway Mass Massacre.

Latest Photos: Royal Reactions to Norway Massacre

As members of the Norway Royal Family and Prime Minister Jens Stoltenberg met relatives and survivors of the Friday twin terrorist attacks, they were overwhelmed by a sense of sorrow and despair.
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Father of Norway attack suspect says in shock

The father of a Norwegian man charged with attacks that killed at least 92 people says he is in shock and only learnt of his son's involvement via online newspapers, a Norwegian daily said.
A Norwegian national flag is seen among flowers to mourn the victims of a shooting spree on an island in the countryside and a bomb attack in the capital Oslo

Analysis: Brutal attack tests Norwegian society

Before Friday's deadly attacks by a Norwegian on a self-styled mission to save European "Christendom" from Islam, it was not uncommon to see Prime Minister Jens Stoltenberg taking public transport to work and senior ministers walking in Oslo without bodyguards.
Dominique Strauss-Kahn and his wife Anne Sinclair depart a hearing at the New York State Supreme Courthouse in New York

Hotel Maid in Strauss-Kahn Case Speaks Out

The New York hotel maid who accused former IMF chief Dominique Strauss-Kahn of attempting to rape her said in an interview published on Newsweek's website on Sunday that he appeared as a "crazy man" and attacked her when she entered his room.
Senate Majority Leader Harry Reid, Treasury Secretary Timothy Geithner

U.S. Leaders Push Dueling Debt Ceiling Plans

President Barack Obama and Congressional leaders have missed a self-imposed Sunday deadline reach a deal to raise the U.S. federal debt limit, bringing the default deadline for U.S. obligations even closer.
U.S. Treasury Secretary Timothy Geithner

Geithner: Default Jeopardizes 80M Monthly Payments

U.S. Treasury Secretary Timothy Geithner Sunday reiterated his call for Congress to increase the debt limit immediately, underscoring that a delay may roil financial markets beginning as early as Monday. Geithner also said a default by Congress would jeopardize 80 million federal payments/checks per month.

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