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Spain to Borrow $267 Billion of Debt Amid Rescue Pressure
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Bloomberg News, by Ben Sills
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Posted By: Photoonist- 9/30/2012 2:33:17 PM
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Madrid - Spain plans to borrow 207.2 billion euros ($266.5 billion) next year, the Budget Ministry said today, as pressure builds for Prime Minister Mariano Rajoy to tap the European rescue fund instead of financial markets. Spain’s debt will widen to 90.5 percent of gross domestic product in 2013 as the state absorbs the cost of bailing out its banks, the power system and euro-region partners Greece, Ireland and Portugal. This year’s budget deficit will be 7.4 percent of economic output, (Snip) Spain’s borrowing plans may test investors’ willingness to continue financing the government with the
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Hugo Chávez rival pledges seismic shift in foreign policy
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Guardian [U.K.], by Jonathan Watts and Virginia Lopez
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Posted By: PageTurner- 9/30/2012 2:26:04 PM
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The challenger to Hugo Chávez in the Venezuelan presidential election has vowed a dramatic change in foreign policy if he is elected next week, shifting his country away from China and Russia and reviewing crucial oil deals. Henrique Capriles, who has gained ground in recent polls, said he would halt arms purchases from Russia, rethink relations with Iran and revise deals to exploit one of the world's biggest recoverable oil resources in the Orinoco belt. In an interview during a campaign stop, Capriles said he would end the Chávez policy of promoting worldwide revolution and focus on
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Report: Acting on Russian intel, Syria forces murdered pilots of downed Turkey jet
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Haaretz [Israel], by Jack Khoury
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Posted By: Photoonist- 9/30/2012 2:22:57 PM
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The crew members of a Turkish fighter jet that crashed into the Mediterranean earlier this year survived the impact, only to be later killed by Syria forces following intelligence provided by Russia, the Al Arabiya network reported on Saturday, citing leaked confidential Syrian documents. (Snip) One document obtained by Al Arabiya, reportedly sent from Assad's office to brigadier Hassan Abdel Rahman, who the network identified as the head of Syrian Special Operations, stated that "two Turkish pilots were captured by the Syrian Air Force Intelligence after their jet was shot down in coordination with
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McCain calls Obama 'inept' and 'ignorant' in reaction to Libya attack
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The Hill [Washington, DC], by Mike Lillis
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Posted By: Photoonist- 9/30/2012 2:18:51 PM
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Republicans continued this weekend to hammer the Obama administration over its response to the recent Libya attacks, with Sen. John McCain calling the president "inept" and "ignorant" in his handling of the episode. The Arizona Republican said the administration's initial claim that an anti-Muslim video incited the attack on the U.S. consulate in Benghazi was political spin that "doesn't pass the smell test." (Snip) "To blame it on the video … shows the absolute ineptitude and ignorance of the realities," McCain added. "It's not the videos, it's the radical Islamists [who] are pushing the
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Hugo Chavez says he'd vote for Obama
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Associated Press, by Staff
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Posted By: Photoonist- 9/30/2012 2:15:31 PM
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Caracas, Venezuela - Venezuelan President Hugo Chavez has weighed in on the U.S. presidential race, saying he prefers President Barack Obama. Chavez also said in a televised interview that aired Sunday that he'd like to have "normal" relations with the U.S. government. The Venezuelan leader says, in his words, "If I were American, I'd vote for Obama." Chavez is running for re-election, seeking another six years in office in an Oct. 7 vote. Democratic U.S. President Obama faces Republican Mitt Romney in his November re-election bid. Venezuela has had tense relations with the U.S. for the years,
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Confusion surrounds death of Nato and Afghan troops
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Telegraph [UK], by Ben Farmer
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Posted By: Photoonist- 9/30/2012 2:11:23 PM
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Kabul - Two Americans and three Afghans have been killed in a confused clash between the allies, as the Nato coalition's commander said the rash of green on blue killings was making him "mad as hell". Nato investigators were last night trying to determine what happened in the fire fight which left an American serviceman and civilian contractor dead, along with three members of the Afghan army. (Snip) Lt Gen Adrian Bradshaw, the deputy coalition commander, said the clash may have been provoked by Taliban shooting. He said: "What was initially reported to have been a suspected insider attack is
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Christie to NBC’s David Gregory: ‘I wish you guys were as tough on the president’
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Daily Caller, by Jeff Poor
Original Article
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Posted By: Photoonist- 9/30/2012 2:08:04 PM
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On Sunday’s broadcast of NBC’s “Meet the Press,” Republican New Jersey Gov. Chris Christie took a jab at moderator David Gregory and the media for being tougher on Mitt Romney than President Barack Obama ahead of this week’s presidential debate. “David, I wish you guys were just as tough on the president,” Christie said. “The president says he’s going to create a million new manufacturing jobs. He doesn’t say how. He says he’s going to reduce the long-term debt and deficit by $4 trillion. Doesn’t say how he’s going to do it. I mean, let’s be fair here. Gov. Romney has laid out a direction and a vision
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Democratic National Committee predicts Romney will win first debate vs. Obama
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New York Post, by Staff from agencies
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Posted By: Photoonist- 9/30/2012 2:03:43 PM
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It's a further lowering of expectations ahead of the first debate in Denver next week. Democratic National Committee spokesman Brad Woodhouse tells Fox News he thinks Republican presidential nominee Mitt Romney will win. Woodhouse says the way the DNC sees it, challengers win the first debate when they are up against incumbents. "Mitt Romney has had a lot more time to debate, the president has not debated in the past four years in terms, of a campaign debate. I think the president will hold his own, but he's not known for sound bites. And these are 60 second, 90 second responses."
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Ahead of Debate, Paul Ryan Takes on Joe Biden
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ABC News, by Shushannah Walshe
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Posted By: Photoonist- 9/30/2012 1:57:45 PM
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Columbus, Ohio - Less than two weeks before Paul Ryan and Joe Biden face off on the debate stage, Paul Ryan took on his counterpart on the issues of Social Security and Medicare. The GOP vice presidential nominee almost always saves his rhetorical fire for the top of the Democratic ticket but Saturday he aimed to rebut a claim the vice president made on the campaign trail in Florida Friday. “Just down in Florida yesterday Vice President Biden was making up all new falsehoods about Social Security and taxes,” Ryan said at the U.S. Sportsmen’s Alliance’s annual banquet, an event
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Thousands march in Paris against austerity
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Associated Press, by Staff
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Posted By: Photoonist- 9/30/2012 1:53:23 PM
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Paris - Thousands of demonstrators are marching peacefully in Paris to denounce austerity measures in Europe that have sparked violent protests in other EU countries struggling to avert fiscal crises. The march organized largely by the "Left Front" party and the Communists comes ahead of the French parliament's debate this week on a European fiscal treaty. The treaty would set up the European Stability Mechanism bailout fund that European leaders hope will help calm a debt crisis that threatens the euro zone and the global economy. The main conservative opposition party and most
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Jobless Rate Probably Climbed in September: U.S. Economy Preview
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Bloomberg News, by Alex Kowalski
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Posted By: Photoonist- 9/30/2012 1:50:56 PM
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Washington - The jobless rate probably rose in September as employers kept a lid on hiring, showing why Federal Reserve policy makers have zeroed in on shoring up the U.S. labor market, economists said before a report this week. The rate rose to 8.2 percent from 8.1 percent in August, according to the median forecast of 62 economists surveyed by Bloomberg before Oct. 5 figures from the Labor Department. Payrolls increased by 115,000 in September, less than the 139,000 average over the first eight months of the year, the report may also show. Persistent joblessness may curb wage gains and limit
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Losing Afghanistan: Clerics now openly support the Taliban
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Global Post [Boston], by Chris Sands
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Posted By: Photoonist- 9/30/2012 1:43:59 PM
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Kabul, Afghanistan - Mawlawi Ataullah Faizani took time out from teaching Islamic studies at a girls’ school in Kabul to explain why Afghans have a duty to resist the occupation of their country. He quoted sayings of the Prophet Muhammad, spoke of foreign troops humiliating civilians, and ridiculed the corruption that runs through the heart of the government. “This anarchy has been created by the West,” he told GlobalPost. “The West is never happy to let Muslims be united.” Faizani’s views are common among members of the powerful religious establishment here. Clerics and
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5 Dead After Clash Between U.S. and Afghan Troops
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New York Times, by Rod Nordland
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Posted By: Photoonist- 9/30/2012 1:41:31 PM
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Kabul, Afghanistan - Only two days after joint operations between American and Afghan forces were said to be returning to normal, five people — two Americans and three Afghans — were killed when a pitched battle broke out between soldiers of the two sides, American and Afghan officials said Sunday. Afghan officials said that the clash on Saturday was a misunderstanding and that the Americans apparently attacked an Afghan National Army unit in error. A top coalition officer said the Americans were attacked first in what might possibly have been an insurgent attack. Nonetheless, he
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MSM: Hey, the president dissembled on Libya
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Washington Post, by Jennifer Rubin
Original Article
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Posted By: FlyRight- 9/30/2012 1:21:55 PM
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Late Friday afternoon the spokesman for Director of National Intelligence (DNI) James R. Clapper Jr. released a statement in which the intelligence head tried to fall on the administration’s sword on the Libyan-consulate debacle. But the problem was that Clapper’s statement did not absolve the administration of repeatedly making false statements after intelligence agencies knew this was a planned al-Qaeda terrorist attack. The Post’s Glenn Kessler got things started with a devastating timeline of the Libya events. Then Fox News’s Bret Baier put together an extremely useful video account of
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Plouffe Defends U.N. Ambassador, Axelrod Doesn't
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Weekly Standard, by Daniel Halper
Original Article
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Posted By: Drive- 9/30/2012 1:17:38 PM
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There were mixed messages from aides to Barack Obama this morning on the Sunday talk shows. On the one hand, political adviser David Plouffe, who works at the White House, defended America's U.N. ambassador, Susan Rice, for her handling of the terrorist attack in Libya. But on the other hand, David Axelrod, a top Obama political adviser stationed at the campaign headquarters in Chicago, threw Ambassador Rice under the bus. Watch here:
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The Natural Versus the Phony
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Weekly Standard, by Michael Warren
Original Article
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Posted By: StormCnter- 9/30/2012 12:54:16 PM
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Elizabeth Warren is opening a new campaign office in the Boston neighborhood of Roxbury. The 63-year-old Harvard law professor is wearing a pink jacket, white blouse, and black pants. After shaking hands with everyone around the parking lot, she chooses a low spot in the pavement in front of the office door to speak to the crowd. Warren is noticeably shorter than the local community leaders who introduce her. She clutches the microphone in her right hand and gestures with her left as she works through her stump speech.
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Child killed in Kenya church grenade attack
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Reuters, by Duncan Miriri and Humphrey Malalo
Original Article
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Posted By: PageTurner- 9/30/2012 12:53:21 PM
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NAIROBI - A nine-year-old boy was killed and three other children wounded when a hand grenade was thrown into a Sunday school session in a church in the Kenyan capital Nairobi, police and medical staff said. Kenya has suffered a series of grenade attacks since it sent troops across the border into Somalia last October in pursuit of Islamist al Shabaab militants who it blamed for kidnapping its security personnel and Western tourists. The attack on the church came days after Kenyan troops launched a surprise offensive on the southern Somali port of Kismayu, the last stronghold of the al Shabaab,
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Grenade Attack On Fair In Thailand Wounds 30
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Associated Press, by Staff
Original Article
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Posted By: PageTurner- 9/30/2012 12:49:36 PM
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PATTANI, Thailand -- Thai police believe Islamist insurgents fired grenades at a fair in southern Thailand, injuring 30 people, in anger over government efforts to win over local Muslim religious leaders. Police Lt. Col. Krajang Raknarong said Sunday the attackers fired grenades at a security checkpoint near the trade fair in Narathiwat province's Bajoh district on Saturday. Thirty people were hurt, four seriously, when two grenades exploded near fair booths. At least five people were killed in southern Thailand on Saturday in separate shooting attacks blamed by police on the insurgents.
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Axelrod’s Poverty of Ideas
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National Review Online, by Patrick Brennan
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Posted By: StormCnter- 9/30/2012 12:48:34 PM
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On CNN’s State of the Union this morning, Candy Crowley pushed Obama adviser David Axelrod on the president’s election message, and why he deserves a second term. Host Candy Crowley pointed out that by wide margins Americans still believe the U.S. economy is on the wrong track, but Axelrod pushed back with a different set of polling statistics, arguing that “by a huge margin, people think this president is an advocate for the middle class,” and consider him someone who will build “an economy that works for the middle class.” When asked what that would mean for his second term,
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Bomb Explodes Near North Nigeria Islamic School
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Associated Press, by Jon Gambrell
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Posted By: PageTurner- 9/30/2012 12:43:51 PM
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LAGOS, Nigeria -- Gunmen detonated a bomb Sunday near an Islamic boarding school in northern Nigeria and later exchanged gunfire with security forces, causing unknown casualties in the region's latest round of violence, officials said. Sunday's attack hit Zaria, a city in the northern reaches of Kaduna state that is the nerve center of Shiite Muslims in a country where Muslims are predominantly Sunni. The blast struck the Gaskiya neighborhood in the city, causing some injuries, said Yushau Shuaib, a spokesman for Nigeria's National Emergency Management Agency. Following the blast, soldiers and police flooded the area and opened fire
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Paul Ryan: ‘We expected media bias going into this’
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Daily Caller, by Jeff Poor
Original Article
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Posted By: Pluperfect- 9/30/2012 12:40:48 PM
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On this weekend’s broadcast of “Fox News Sunday,” Republican vice-presidential nominee Paul Ryan told host Chris Wallace that he and running mate Mitt Romney expected liberal media bias to affect their campaign from day one. “I think it kind of goes without saying that there is definitely a media bias,” Ryan said. “Look, I’m a conservative, Chris. I’m used to media bias. We expected media bias going into this. That’s why we’re trying to cut through and go straight to people. That’s why when in Washington you hear people complain about media bias, come out into these states
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Muslim protesters torch Buddhist temples, homes in Bangladesh
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Reuters, by Anis Ahmed*
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Posted By: PageTurner- 9/30/2012 12:39:48 PM
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COX'S BAZAR, Bangladesh - Hundreds of Muslims in Bangladesh burned at least four Buddhist temples and 15 homes of Buddhists on Sunday after complaining that a Buddhist man had insulted Islam, police and residents said. Members of the Buddhist minority in the Cox's Bazar area in the southeast of the country said unidentified people were bent on upsetting peaceful relations between Muslims and Buddhists. Muslims took to the streets in the area late on Saturday to protest against what they said was a photograph posted on Facebook that insulted Islam.
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US And Afghan Forces Clash, Leaving 5 Dead
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Associated Press, by Heidi Vogt and Raheem Faiez
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Posted By: PageTurner- 9/30/2012 12:36:35 PM
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KABUL, Afghanistan -- A firefight broke out between U.S. forces and their Afghan army allies in eastern Afghanistan Sunday, killing two Americans and three Afghan soldiers and pushing the number of U.S. troops killed in the long-running war 2,000. The fighting started Saturday when what is believed to have been a mortar fired by insurgents struck a checkpoint set up by U.S. forces in Wardak province, said Shahidullah Shahid, a provincial government spokesman. He said the Americans thought they were under attack from a nearby Afghan army checkpoint and fired on it, prompting the Afghan soldiers to return fire.
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String of Iraq blasts kills at least 32
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Reuters, by Kareen Raheem
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Posted By: PageTurner- 9/30/2012 12:33:39 PM
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BAGHDAD - Coordinated bomb attacks killed more than 32 people across Iraq on Sunday, the latest violence in an insurgency the government has failed to quell more than nine months after the last U.S. troops withdrew. Violence in Iraq has eased since the carnage of 2006-2007, but Sunni Islamists still launch frequent attacks to undermine the Shi'ite-led government's claim to provide security and prove they remain a potent threat. No group claimed responsibility for Sunday's string of attacks, but a local al Qaeda affiliate (Snip) have carried out at least one major assault a month since the last American troops left
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Car Bomb Kills Four In Eastern Syria
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Associated Press, by Jamal Halaby
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Posted By: PageTurner- 9/30/2012 12:31:10 PM
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AMMAN, Jordan -- A suicide attacker in a parked car blew himself up in an area housing security offices in northeastern Syria on Sunday, killing at least four people, state media said. Syrian state television and the country's official news agency also said scores were wounded in the mid-afternoon blast in Qamishli, 700 kilometers (435 miles) from the capital, Damascus. The agency said the explosion, which also damaged nearby buildings, was carried out by a "terrorist suicide bomber." Activists put the death toll at eight and said it was expected to rise because 15 people sustained "serious wounds."
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Jimmy Carter blesses Venezuelan election as fear of violence grows
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Foreign Policy, by José R. Cárdenas
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Posted By: PageTurner- 9/30/2012 12:19:47 PM
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Jimmy Carter's capacity to astound continues to know no bounds. Last Friday, presiding over an event at his eponymous organization, the former president allowed how Hugo Chávez's election process in Venezuela is "the best in the world." Well, apparently he isn't reading much on the run up to Venezuela's October 7 presidential election, because such an affirmation flies in the face of nearly every report in recent weeks, which have overwhelmingly concluded it has been a fundamentally unfair process. (A few examples are here, here, and here.) To be charitable, Carter may have been referring to the technical procedures on election day
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