Originally published on Sun September 16, 2012 7:26 am
Comments from Prime Minister Benjamin Netanyahu are ratcheting up diplomatic tension between Israel and the United States.
During a joint press conference in Jerusalem with Bulgarian Prime Minister Boyko Borisov, Netanyahu expressed his frustration with how world powers are handling Iran and its nuclear program.
"The world tells Israel 'wait, there's still time'. And I say, 'Wait for what? Wait until when?' Those in the international community who refuse to put red lines before Iran don't have a moral right to place a red light before Israel," Netanyahu said.
Originally published on Fri September 14, 2012 10:21 pm
In the rarefied air of China's leadership circle, anything that strays from strict protocol becomes grist for the rumor mill.
So it is with the mysterious and sudden disappearance of Xi Jinping, the presumptive heir to President Hu Jintao.
Xi, 59, has inexplicably missed a series of important meetings with foreign dignitaries in the past week, including one with Secretary of State Hillary Clinton in Beijing. The last time anyone saw him in public was Sept. 1.
The state of Alabama has asked a federal appeals court to reconsider parts of two opinions that struck down some provisions of Alabama's immigration law.
Alabama Gov. Robert Bentley said Monday the state was challenging a three-judge panel's decision to strike down parts of Alabama's law concerning harboring illegal immigrants, contracts and collecting school data on immigrants. Bentley said the court was placing an illegal restraint on state government.
The state is asking the full appeals court to review the three-judge panel's decision.
The presidential candidates are toning it down, we're told, on this 9/11. They'll stop their negative ads, they have said. But, of course, the campaigning will continue all fall. And Mitt Romney spent yesterday in Ohio. Over the weekend, Vice President Biden was there, as well. The Midwestern state is becoming like a second home to candidates in this presidential election season.
Republican presidential nominee Mitt Romney's proposal to overhaul the tax code continues to draw scrutiny.
Romney says it is possible to cut tax rates without driving the government deeper into the red, and that he can make up for the lost revenue by closing tax loopholes. But analysts have had a hard time testing Romney's claim because he hasn't offered many specifics.
When he was pressed by NBC's David Gregory this weekend to give an example of a loophole he would close, Romney didn't offer much detail.
To try to get a sense of what it really means to be the president of the United States, writer Michael Lewis spent six months in President Obama's shadow. Lewis hoped to find out just what it's like to be in the president's shoes — down to something as simple as how he decides what to wear every day.
Egyptians have been struggling economically since the revolution last year that ousted President Hosni Mubarak. The Egyptian pound has remained relatively stable, though, because the central bank shored it up through foreign reserves, which prevented food prices from skyrocketing.
But despite increasing political stability, concerns about the currency remain.
The market has been volatile since Mubarak was ousted, swinging up and down with Egypt's political unrest.
Politically active real estate developer Stan Pate of Tuscaloosa says he's planning a media campaign in the next few days to encourage no votes on Alabama's referendum Sept. 18.
Pate says Alabama residents elected a Republican governor and Republican-controlled Legislature in 2010 because they wanted less government. He said GOP leaders are doing the opposite by pushing a constitutional amendment that would take $437 million out of a state trust fund to prop up the state General Fund budget for the next three years.
U.S. Rep. Robert Aderholt's re-election campaign has paid $13,000 in penalties for filing inaccurate finance reports.
The documents released recently by the Federal Election Commission show Aderholt's campaign account misrepresented how much money it raised; spent; and had on hand for several years.
Records show more than $58,000 in campaign receipts were misstated from 2006 through 2010. And there were inaccurate records about how $129,600 was spent. Another $273,000 wasn't deposited into the campaign account within the required 10-day period.
Originally published on Tue September 11, 2012 8:06 am
The strike that shut schools in Chicago on Monday illustrates a larger, national trend: Teachers unions are having a harder time getting what they want.
For decades, teachers unions have been among the most powerful lobbying groups in nearly every state — and have been arguably even more powerful at the local level, where they've often been able to unseat school board members and even mayors who crossed them.
Originally published on Mon September 10, 2012 1:38 pm
Over the weekend, the United States Treasury said it has plans to sell $18 billion worth of American International Group stocks. During the financial crisis in 2008, the government pumped $182 billion into AIG stock to keep it from collapsing.
Reuters reports, this morning, that AIG shares fell 1.5 percent because of the news. Reuters adds:
"AIG itself will buy back $5 billion of its own shares in the upcoming stock sale, with the rest of the shares going to the broader public.