WORLD

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Palin to pen book on American values

Former Republican vice presidential candidate Sarah Palin will come out with a new book that is a celebration of American virtues and strengths, publisher HarperCollins announced on Thursday.

U.S. intends to sell Citi shares within next year

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The official supervising the government's bailout investment in Citigroup said Thursday that the government intends to sell its holdings in the bank in a responsible manner within the next year.

N. Korea leader plans mid-March China visit - Kyodo

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Reclusive North Korean leader Kim Jong-il plans to visit China in mid-March, Kyodo news agency said on Thursday, as Washington sees signs that Pyongyang may end a year-long boycott of international nuclear disarmament talks.
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Iran's Khamenei attacks Israel, seeks Muslim unity

Iran's Supreme Leader Ayatollah Ali Khamenei said on Thursday Western powers were trying to widen differences between Sunni and Shi'ite Muslims to divert attention from the Israel-Palestinian conflict.
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Citi CEO to support key Volcker Rule limit

Citigroup chief executive Vikram Pandit on Thursday will endorse a key aspect of President Obama's financial reform proposal known as the Volcker Rule as he testifies before Congress on the financial bailout investments the bank has received.
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Senate rejects $250 checks for elderly

A measure to give some 57 million elderly people, veterans and persons with disabilities a $250 check was rejected by the Senate on Wednesday, a setback for the powerful seniors' lobby.
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Greece will need further measures: report

Greece will need to take further action in 2011 and 2012 to repair its public finances, EU Economic and Monetary Affairs Commissioner Olli Rehn said in an interview on Thursday.
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Greece launches critical debt issue

Debt-burdened Greece launched a critical bond issue on Thursday and urged Germany and other EU partners to send a clear signal of confidence in Athens to financial markets that would allow it to borrow more cheaply.
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Iran may face new round of U.N. sanctions

The United States, France and other Western powers are preparing a plan for a fourth round of U.N. sanctions against Iran over its nuclear program and hope to persuade Russia and China to back it.
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Dutch anti-Islam leader is major winner in polls

Dutch anti-Islamist leader Geert Wilders scored major gains in local authority polls on Thursday, making him a serious challenger for power in a June national election, preliminary results showed.
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Chile keeps shaking, rattling survivors

Frightened by more heavy aftershocks, coastal residents in Chile camped out on hillsides on Thursday, five days after one of the strongest earthquakes in a century killed more than 800 people.
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U.S. military questions Karzai's steps on corruption

Afghan President Hamid Karzai must take significant steps to fight corruption, the U.S. military's top officer said on Wednesday, suggesting Washington was concerned inaction could undercut the campaign against the Taliban.
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GD, Northrop warn of possible shipyard layoffs

The two largest U.S. military shipyards warned on Wednesday that the U.S. Navy's 30-year shipbuilding plan funded 13 fewer surface ships in the near term, which would likely result in layoffs across the industry and higher shipbuilding costs.
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Iceland hopes for Icesave deal as referendum looms

Iceland has made a last-ditch compensation offer to Britain and the Netherlands in talks over $5 billion lost in Icesave accounts, ahead of a Saturday referendum which is expected to nullify the current deal.
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Clinton fails to win over Brazil on Iran

U.S. Secretary of State Hillary Clinton failed to win Brazil's support on Wednesday for more sanctions against Iran and said Tehran would not talk seriously about its nuclear program until the United Nations took new action.
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Chile military hesitated on tsunami alert: official

A top military official in Chile admitted Tuesday his team hesitated in providing information about a possible tsunami following the 8.8 magnitude earthquake that hit the nation during pre-dawn hours Saturday.
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Ukraine's government falls in no-confidence vote

Ukraine's parliament dismissed the government of Prime Minister Yulia Tymoshenko Wednesday, giving her rival, the newly elected President Viktor Yanukovich, the difficult task of stitching together a new ruling coalition.
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Suicide bombers kill 33 in Iraqi city before poll

Suicide bombers struck Iraq Wednesday just days before a national election, killing 33 people and wounding 55 as the war-scarred nation seeks to cement its frail democracy before a U.S. troop pullout.
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Obama seeks to push healthcare to final vote

President Barack Obama said on Wednesday it is time to pass his sweeping healthcare overhaul using only a slim Democratic majority in Congress if necessary, saying the issue is too important to be delayed by politics after a year of debate.
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Obama urges 'final vote' on health reform

President Barack Obama on Wednesday called for Congress to decide upon health insurance reforms with an up-or-down vote in the next few weeks, the clearest indication yet that he favors passing a bill through the reconciliation process.
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Anti-Washington message propels Perry in Texas

Conservative incumbent Rick Perry rode strong anti-Washington rhetoric to a victory over a sitting U.S. senator for the Texas Republican gubernatorial nomination in a race that could be a model in this year's crucial U.S. mid-term congressional elections.
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FACTBOX - Summary of Obama's healthcare proposal

President Barack Obama is preparing a final push for a healthcare overhaul and is expected to announce a plan on Wednesday to move the ambitious legislation forward without support from opposition Republicans.
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U.N. council ready to tackle Iran nuclear issue

The president of the U.N. Security Council said on Tuesday it was ready to tackle proposals for new sanctions against Iran over its nuclear program, while U.S. diplomats worked to persuade China that action is needed.
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Chile steps up search for victims in quake-hit areas

Chilean rescue crews fanned out with sniffer dogs on Wednesday around quake-ravaged cities and villages, some still hoping to find survivors and others to begin the daunting task of recovering the bodies buried under mountains of rubble.

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