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Source Match International News

China boat captain could stand trial for collision (AP)

Chinese protesters hold up banners, one of which reads 'Japan get out of Diaoyu island' as they march towards the Japanese embassy in Beijing, China, Wednesday, Sept. 8, 2010. Diplomatic tensions between China and Japan escalated Wednesday when Beijing called in Japan's ambassador after a Chinese fishing boat collided with two Japanese patrol vessels near a chain of disputed islands and Tokyo arrested the boat's captain.(AP Photo/Ng Han Guan)AP - The captain of the Chinese fishing boat that collided with Japanese patrol vessels near disputed islands could stand trial in the latest territorial spat between the neighbors, officials said Thursday.


Dynasty speculation on North Korea founding day (AP)

AP - North Korea celebrated its 62nd anniversary Thursday with odes to supreme leader Kim Jong Il, amid uncertainty over whether a rare political meeting believed aimed at promoting his son as successor had begun.

Bank of Korea keeps interest rate near record low (AP)

Kim Choong-soo, governor of the Bank of Korea, bangs the gavel to preside over a meeting to decide a benchmark call rate at its headquarters in Seoul, South Korea, Thursday, Sept. 9, 2010.  South Korea's central bank left its key interest rate near a record low Thursday for a second straight month amid a weakening outlook for the global economy.(AP Photo/Ahn Young-joon)AP - South Korea's central bank left its key interest rate near a record low Thursday for a second straight month as the risk of slowing global growth outweighed a buoyant outlook for the local economy.


Mexican mayor killed, massacre suspects arrested (AP)

Secretary of State Hillary Clinton speaks at the Council on Foreign Relations September 8, 2010 in Washington, DC. Clinton said Wednesday that violent Mexican drug cartels were starting to look like an insurgency, in a charge rapidly rejected by Mexico.(AFP/Getty Images/File/Mark Wilson)AP - Hooded gunmen killed the mayor of a small town in the northern Mexico state of San Luis Potosi on Wednesday, and prosecutors announced the arrest of seven suspects in the massacre of 72 migrants in August.


U.S. slips in WEF's competitiveness rankings (Reuters)

Reuters - Switzerland remains the world's most competitive economy, while the United States has fallen from second to fourth, according to the World Economic Forum.

BP report blames itself, others for oil spill (AP)

A British Petroleum (BP) logo is seen  at a petrol station in south London April 27, 2010. BP deflected much of the blame for a rig blast that led to the United States' worst-ever oil spill, releasing an internal report on Wednesday which said that drilling contractor Transocean had missed danger signs. REUTERS/Toby Melville/FilesAP - BP took some of the blame for the Gulf oil disaster in an internal report issued Wednesday, acknowledging among other things that it misinterpreted a key pressure test of the well. But in a possible preview of its legal strategy, it also pointed the finger at its partners on the doomed rig.


Obama firm, won't yield on tax hike for wealthiest (AP)

President Barack Obama delivers remarks on the economy,Wednesday, Sept. 8, 2010,  at Cuyahoga Community College West Campus in Parma, Ohio. (AP Photo/Pablo Martinez Monsivais)AP - Politically weakened but refusing to bend, President Barack Obama insisted Wednesday that Bush-era tax cuts be cut off for the wealthiest Americans, joining battle with Republicans — and some fellow Democrats — just two months before bruising midterm elections.


Lloyds set to sell Crest Nicholson stake: report (Reuters)

Reuters - Lloyds Banking Group is to sell its stake in bank-owned housebuilder Crest Nicholson for 150 million pounds ($232 million), the Financial Times said on Thursday.

Australian regulators reject NAB bid for AXA APH (AFP)

A woman walks past a branch of National Australian bank (NAB) in Sydney. Australian regulators rejected NAB's 12.2 billion US dollar bid for financial services firm AXA Asia Pacific Thursday over concerns about competition in the industry.(AFP/File/Anoek de Groot)AFP - Australian regulators rejected National Australia Bank's 12.2 billion US dollar bid for financial services firm AXA Asia Pacific Thursday over concerns about competition in the industry.


Asian shares rise as Europe worries ease (AP)

Traders work on the floor of the New York Stock Exchange, September 7, 2010.REUTERS/Brendan McDermidAP - Most Asian stock markets advanced Thursday after worries about Europe's financial health eased, sending Wall Street higher.


East Timor deputy PM quits amid spat with boss (AP)

AP - One of East Timor's deputy prime ministers said he has resigned after Prime Minister Xanana Gusmao publicly called him a "liar" for his outspoken critiques of the government's failure to tackle corruption and improve people's lives.

South Korea imposes independent sanctions on Iran (AP)

South Korean Foreign Ministry spokesman Kim Young-sun announces the country's sanctions against Iran at Foreign Ministry in Seoul, South Korea, Wednesday, Sept. 8, 2010. South Korea said Wednesday it will ban unauthorized financial dealings with Iran as part of sanctions to join the U.S-led campaign to tighten restrictions against Tehran over its disputed nuclear enrichment program. Seoul blacklisted 102 entities, which include the Iranian Revolutionary Guard Corps and the Islamic Republic of Iran Shipping Lines, and 24 individuals for the sanctions, Kim said. (AP Photo/ Lee Jin-man)AP - South Korea said it will ban many financial dealings with Iran and impose other penalties as part of a U.S.-led campaign to enforce sanctions against the country over its disputed nuclear enrichment program.


BP points fingers in oil spill blame game (Reuters)

Reuters - BP Plc and its Gulf of Mexico oil well partners traded blame on Wednesday after an internal BP investigation tried to downplay the company's role in the world's biggest offshore spill.

Chavez: Foes sabotaging Venezuela's power grid (AP)

AP - President Hugo Chavez accused his political adversaries Wednesday of sabotaging Venezuela's electricity grid as part of a campaign to chip away at his popularity before legislative elections in two weeks.

Clinton: Florida church's planned Koran burning doesn't reflect U.S. (McClatchy Newspapers)

McClatchy Newspapers - WASHINGTON — With concerns growing about hostile or even violent international reaction to a Florida pastor's plans to burn the Koran on Saturday, the Obama administration is stepping up its efforts to mitigate the damage.

Obama: U.S. can't afford to extend tax cuts for rich (Reuters)

US President Barack Obama walks to the Oval Office at the White House in Washington, DC. Obama admitted Wednesday if US voters in the upcoming midterm elections make their choices based on their opinion of the economy, his Democratic Party could be in big trouble.(AFP/Jim Watson)Reuters - President Barack Obama, fighting to keep Democrats in charge of Congress, said on Wednesday the United States could not afford to extend Bush-era tax cuts for the rich and accused Republicans of being fiscally irresponsible.


Fidel Castro says Cuban model doesn't work (AP)

A man works at a chemist shop with a poster of Cuban President Raul Castro and his brother, former leader Fidel Castro, on the wall in Havana September 8, 2010. Fidel Castro said Cuba's economic model no longer works, a U.S.-based journalist reported on Wednesday following interviews with the former president last week. Jeffrey Goldberg, a writer for the Atlantic Monthly magazine, wrote in a blog that he asked Castro, 84, if Cuba's model - Soviet-style communism - was still worth exporting to other countries and he replied, AP - Fidel Castro told a visiting American journalist that Cuba's communist economic model doesn't work, a rare comment on domestic affairs from a man who has conspicuously steered clear of local issues since stepping down four years ago.


Spartech posts fiscal 3Q loss, misses expectations (AP)

AP - Plastic sheet and packaging maker Spartech Corp. reported a net loss for its fiscal third quarter on Wednesday and said that despite higher revenue, the overall market recover is slower than expected.

US tries to avert Sudan war after 'inevitable' split (AFP)

Hundreds of supporters of south Sudan independence rally in Juba in July 2010. US Secretary of State Hillary Clinton on Wednesday called Sudanese leaders in a bid to defuse what she called the AFP - US Secretary of State Hillary Clinton on Wednesday called Sudanese leaders in a bid to defuse what she called the "ticking time bomb" of an inevitable secession of the country?s restive and oil-rich south.


Wall Street climbs in low-volume session (Reuters)

Traders work on the floor of the New York Stock Exchange, September 7, 2010.REUTERS/Brendan McDermidReuters - Stocks rose on Wednesday as investors latched onto positive news out of Europe in the latest in a string of low-volume sessions suggesting little confidence in market direction.


Fed sees 'widespread' signs US economy is slowing (AFP)

The US Federal Reserve Building is seen from the air over Washington, DC. The US economy is showing AFP - The US economic recovery is showing "widespread" signs of slowing, the US Federal Reserve warned Wednesday, as it gears up for a key policy meeting later this month.


Coffee hits 13-year high; retail prices also up (AP)

AP - Coffee prices hit a 13-year high Wednesday, extending a rally that has sent prices up about 43 percent in the past three months.

AP Source: New GM CEO wants automaker to beat BMW (AP)

FILE - This undated file photo provided by The Carlyle Group on Thursday, Aug. 12, 2010, shows Daniel F. Akerson, then, managing director and head of global buyout of The Carlyle Group. Akerson, the new General Motors CEO, is telling employees Wednesday, Sept. 8, 2010, to go into attack mode to stay ahead of competitors like BMW AG instead of responding to them. (AP Photo/The Carlyle Group) NO SALES.AP - General Motors' new CEO told employees that the automaker needs to make cars and trucks that are better than those of competitors such as BMW.


Koran Burning: Cues from Osama bin Laden Media Strategy? (Time.com)

Time.com - While he's planning violence against books, not people, the would-be Koran-burning Florida preacher Terry Jones is following a self-promotion strategy similar to that of al-Qaeda leader Osama bin Laden

Bankers urge government to pull plug on Fannie, Freddie (Reuters)

Reuters - The federal government should take mortgage finance giants Fannie Mae and Freddie Mac off life support sooner rather than later, the Mortgage Bankers Association urged on Wednesday.

Conservatives see poll lead evaporate (Reuters)

Reuters - The Conservative government has seen its lead over the main opposition Liberals evaporate in public opinion polls following recent controversies and the two parties are now running neck and neck, though an election is not seen in the near term.

Pessimistic about peace, Israelis greet new year (AP)

Palestinian Muslim women look at mannequins, displaying Islamic head dresses for sale, in an alley in Jerusalem's Old City, next to the Al-Aqsa Mosque compound during the holy fasting month of Ramadan, Tuesday, Sept. 7, 2010. Muslims throughout the world are marking the month of Ramadan, the holiest month in Islamic calendar where observant fast from dawn till dusk. (AP Photo/Muhammed Muheisen)AP - Israelis usher in the Jewish new year, or Rosh Hashana, at sundown Wednesday with a widespread sense of pessimism that a new round of U.S.-sponsored Mideast talks can achieve peace.


Summary Box: Ireland to split Anglo Irish Bank (AP)

AP - SPLIT: Ireland plans to split its most troubled financial institution, Anglo Irish Bank, into a "good" deposit bank and a "bad" toxic-debt bank. The move comes as the nation seeks to reassure international lenders that it is dealing with the Irish debt crisis.

Freddie Mac to issue new 5-year note due 2015 (AP)

AP - Government sponsored mortgage buyer Freddie Mac said Wednesday it plans to issue new five-year notes due on Sept. 10, 2015.

Afghan Cleric Uses Koran Burning for Political Gain (Time.com)

Time.com - Whether or not the Koran burning happens in Gainesville on Saturday, a religious conservative in Kabul is already using the event to propel his political ambitions

Wall Street up as fears for European economy ease (AFP)

A steet sign stands on Wall Street near the New York Stock Exchange in New York, in January 2009. US stocks were slightly up after news of a successful Portuguese debt auction eased the previous day's concerns about the European economy.(AFP/File/Emmanuel Dunand)AFP - US stocks were slightly up on Wednesday after news of a successful Portuguese debt auction eased the previous day's concerns about the European economy.


Trapped miners in Chile: families camp out above ground – awaiting loved ones' rescue (The Christian Science Monitor)

The Christian Science Monitor - Family members and the government are trying to keep optimistic about the rescue of 33 Chilean miners trapped in the San Jose mine a month ago.

Banging a Drum for the MDG Summit (OneWorld.net)

OneWorld.net - NEW YORK, Sep 7 (IRIN) - Activists are pulling out all the stops ahead of a development summit at UN headquarters on 20-22 September. Pro-aid and anti-poverty lobbyists are trying everything from giant letters to banging pans to raise awareness of the high-level event.

The Treasury's New Research Office (BusinessWeek)

BusinessWeek - Don't expect an Elizabeth Warren-style campaign for the first director of the Office of Financial Research, yet another agency set up under the financial system overhaul. Unlike the pending decision over who will lead the Consumer Financial Protection Bureau, which has prompted online petitions and a viral rap video in support of the Harvard law professor, the competition over who will be the head of the research office is a wonks-only affair. ...
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