POLITICS

$17.5 billion jobs bill nears final OK Posted 13 hours, 23 minutes ago

WASHINGTON (Reuters) - The first of several Democratic job-creation efforts cleared a procedural hurdle in the Senate on Monday and appeared to be headed toward final congressional approval. The 61-30 vote allows the Senate to hold a final vote on the $17.5 billion package of tax cuts and highway spending ...More

U.S. climate bill to set utility cap-trade: Senator Posted 13 hours, 57 minutes ago

WASHINGTON (Reuters) - Compromise climate control legislation being developed in the U.S. Senate will use a cap-and-trade approach to reduce carbon emissions from utilities such as power plants, a key senator said on Monday. The senator, who asked not to be identified, added, "That's not to say there are ...More

U.S. says North Korea allows visit to detained citizen Posted 15 hours, 36 minutes ago

WASHINGTON (Reuters) - North Korea has allowed Swedish diplomats to visit a U.S. citizen detained nearly two months ago after allegedly entering the country from China, the U.S. State Department said on Monday. "We can confirm that on March 14 the DPRK (Democratic Peoples' Republic of Korea) granted the ...More

Obama pledges to push for robust financial reform Posted 15 hours, 54 minutes ago

WASHINGTON (Reuters) - U.S. President Barack Obama on Monday welcomed the legislation for sweeping overhaul of the financial system unveiled by Senate Banking Committee Chairman Christopher Dodd and promised to fight any efforts to water it down. "This proposal provides a strong foundation to build a safer financial system," Obama ...More

U.S. presses India on Doha trade talks Posted 16 hours, 5 minutes ago

WASHINGTON (Reuters) - A top U.S. official on Monday urged India and other large emerging economies to rescue the eight-year-old Doha round of world trade talks by making better offers to open their markets to American goods. The talks aim to help poor countries prosper through trade, but the United ...More

Sino-U.S. ties good despite some differences: White House Posted 16 hours, 20 minutes ago

WASHINGTON, March 15 - The White House said on Monday that relations between the United States and China were in "good shape" but acknowledged some differences between the two countries. "We have a mature relationship with China," Jeff Bader, President Barack Obama's adviser on ties with Beijing, told reporters at ...More

Netanyahu defies U.S. over Jerusalem settlement Posted 19 hours, 11 minutes ago

JERUSALEM (Reuters) - Prime Minister Benjamin Netanyahu on Monday rejected any curbs on Jewish settlement in and around Jerusalem, defying Washington in Israel's deepening crisis with U.S. President Barack Obama's administration. "For the past 40 years, no Israeli government ever limited construction in the neighborhoods of Jerusalem," he ...More

Smart sanctions can support democratic change: U.S. Posted 19 hours, 56 minutes ago

HOLLYWOOD, Florida (Reuters) - Adjusting and even selectively loosening U.S. sanctions against countries like Iran and Cuba can serve foreign policy goals by encouraging democratic change through greater Internet freedom and other means, a U.S. Treasury official said on Monday. Adam Szubin, director of Treasury's Office of Foreign ...More

Lawmakers press for action on China currency Posted 20 hours, 39 minutes ago

WASHINGTON (Reuters) - President Barack Obama faced growing congressional pressure on Monday to get tough with China over its currency practices, one day after Chinese Premier Wen Jiabao brushed off accusations that Beijing was undervaluing its currency for an unfair trade advantage. "The impact of China's currency manipulation on the ...More

Brazil details retaliation on U.S. copyright, patents Posted 21 hours, 39 minutes ago

BRASILIA (Reuters) - Brazil revealed on Monday a preliminary list of U.S. patents and intellectual property rights it could restrict unless both countries settle a long-standing dispute over U.S. cotton aid. It is the second set of measures Brazil has unveiled in a week to pressure Washington to obey ...More

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