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Senate Majority Leader Harry Reid (D-NV)

Senate, House Make 'Good Progress' on Budget to Avoid Shutdown

Teams from the Senate and House negotiating a six-month federal budget deal for the remainder of the fiscal year are making 'good progress' even as the rhetorical battle among Republican and Democratic Party leaders rages in a bid to avoid an April 8 shutdown.
Molycrop signs rare earth pact with Ames Lab

Molycrop signs rare earth pact with Ames Lab

The rare earth minerals company Molycorp Inc has announced that it has entered into a cooperative research and development agreement with the U.S. Department of Energy's Ames Laboratory.
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FDA finds small amount of radiation in US milk

The FDA found small amounts of radiation in a sample batch of milk from Spokane, Washington. The level, however, was 5,000 times lower than the Derived Intervention Level set by the FDA.
Warren E. Buffett,Chairman and Chief Executive Officer of Berkshire Hathaway,testifies before the Financial Crisis Inquiry Commission during a public hearing in New York

Buffett's Top Executive Resigns After Stock Purchase

Berkshire Hathaway Chairman Warren Buffett said Wednesday that one of the top executives at his company, David Sokol, has resigned from the company, soon after learning that Sokol bought stock in a company he recommended to Buffett.
A wounded rebel fighter sits in a hospital in Ajdabiyah after being brought in from the road to Ras Lanuf, in Libya

Gaddafi soldiers capture Ras Lanuf

Amidst reports that the Libyan foreign minister has defected to the west, soldiers loyal to Moammar Gaddafi have recaptured the strategic oil city of Ras Lanuf from rebel factions.
Moussa Koussa

Libyan foreign minister defects to UK

The British foreign ministry is reporting that Moussa Koussa, Libya's former foreign minister, has arrived in the UK and is resigning from his post.
U.S. President Barack Obama and House Speaker John Boehner (R-OH) (L)

How Long Will NATO Enforce No-Fly Zone? Boehner Asks

House Speaker John Boehner on Tuesday said President Barack Obama had not been able to answer a question about how long NATO would enforce a no fly zone over Libya if Col. Muammar Gaddafi did not leave the country.
U.S. President Barack Obama

Get Serious Now on Long-Term Global Energy Needs, Obama Says

President Barack Obama told U.S. students on Wednesday that with rapid growth in China and India, global demand for energy will continue to increase and a solution for reducing U.S. dependence on imported oil would require long term solutions, setting out goals for reducing oil imports and boosting the use of alternative electricity sources decades from now.

What if Jobs Growth is too much for the Fed?

It is our contention that if the monthly private sector job growth shows a gain of 200,000 jobs or more, then it will be very difficult for the financial markets not to have a strong response to the collective employment data.
U.S. President Barack Obama

Obama Energy Speech Preview: Oil to Decline as 'Clean' Alternatives Fill Void

President Barack Obama on Wednesday is expected present a vision of decline for the U.S. oil industry in next two decades, highlighting its lack of development at existing land leases as the country shifts to other 'Clean Energy' industries linked to nuclear power, 'clean coal,' natural gas, biofuels, wind and solar power.
Uganda's President Yoweri Museveni

Uganda may provide Gaddafi asylum

The East African country of Uganda is reportedly willing to allow Libyan leader Moammar Gaddafi to live there in exile, according to spokesman for Ugandan president.
Video grab of Syrian President Bashar Al-Assad addressing the parliament in Damascus

Assad blames “conspirators” for inciting Syrian unrest

In his first public address to the Syrian nation since unrest broke out two weeks ago, President Bashar al-Assad blamed “conspirators” for the ongoing violence and vowed that he would defeat the “plot” against his country.

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