AP 2011-11-25

1. Republicans and Democrats are blaming each other after the super committee failed to reach a deficit reduction deal. President Obama warns that he'll veto any attempt to undo spending cuts that are now set to go into effect. 2. Protests are contin

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AP 2011-02-17

1. Egypt's military leaders have met two key demands of anti-government protesters, dissolving parliament and suspending the constitution. After nearly three weeks of protests, President Hosni Mubarak resigned on Friday, leaving the military to be th

AP 2011-02-18

1. It's the battle of the budgets with Republicans calling President Barack Obama's deficit cutting plans too timid. His spending plan adds to deficits this year and next. The GOP is saying Americans want dramatic cuts. 2. Egypt's ruling military cou

AP 2011-07-19

1. President Barack Obama and congressional Republicans are again pushing opposing positions in the debate over deficit reduction. Obama says a combination of spending cuts and tax increases is needed while Senator Orrin Hatch is pushing for a balanc

AP 2011-04-22

1. Stocks plunged as Standard Poor's Rating Service lowered the long term outlook on US debt to negative from stable. SP says it has little confidence that Washington will produce a deficit reduction plan before the 2012 elections. 2. North Carolina

AP 2011-08-06

1. President Barack Obama has signed the emergency legislation to raise the nation's borrowing limit. Obama says lawmakers still need to find a balanced approach to reducing the deficit that includes adjustments to Medicare and reforming the tax code

AP 2012-05-17

1. A political stalemate in Greece is rattling financial markets worldwide. It comes more than a week after elections gave no party a majority in parliament. Greeks are furious over the handling of their financial crisis and severe austerity measures

AP 2012-02-17

1. Sources say Whitney Houston's body will be taken home to New Jersey late Monday for a funeral to be held at week's end. Meanwhile police say Houston was found in a tub and unconscious in a Beverly Hills hotel Saturday. It could be weeks before a c

Portugal undertakes austerity measures

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AP 2010-02-04

1. The Senate has rejected a plan aimed at tackling the federal deficit. The plan didn't get the needed 60 votes. The vote came hours after the non-partisan Congressional Budget Office predicted a $1.35 trillion deficit for this year. 2. The brother

U.S. fiscal deficit issue is manageable

NEW YORK, April 26 (Xinhua) -- U.S. Treasury Secretary Timothy F. Geithner said Tuesday that the current U.S. fiscal deficit（国库赤字） problems were manageable and bipartisan efforts were required to address the challenge. (The fiscal deficit

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