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Sunday, November 4, 2012

U.S. fiscal cliff, Europe's debt woes worry G20

U.S. fiscal cliff, Europe's debt woes worry G20


U.S. fiscal cliff, Europe's debt woes worry G20

Posted: 04 Nov 2012 12:01 PM PST

Security agents are seen inside of Hyatt hotel in Mexico CityMEXICO CITY (Reuters) - Finance chiefs of leading economies pressed the United States on Sunday to show how it can avert a series of spending cuts and tax hikes that could hurt global output, though some countries saw Europe's debt crisis as the No. 1 danger. Unless a fractious U.S. Congress can reach a deal, about $600 billion in government spending cuts and higher taxes are set to kick in from January 1, threatening to push the American economy back into recession. "There was a strong demand (from Europeans) to be briefed on the fiscal cliff, to get a more detailed idea of how the U.S. ...


Obama, Romney in even race two days before election: Reuters/Ipsos poll

Posted: 04 Nov 2012 11:52 AM PST

U.S. President Obama gives a thumbs up as he walks to Marine One during has departure from the White House in WashingtonWASHINGTON (Reuters) - The race for the White House remained in essentially a dead heat ahead of Tuesday's election but U.S. President Barack Obama holds a slim edge over Republican candidate Mitt Romney in the key state of Ohio, according to a Reuters/Ipsos daily tracking poll released on Sunday. Nationally, of 3,805 polled likely voters, 48 percent said they would vote for Democrat Obama, while 47 percent sided with Romney, a former Massachusetts governor, the poll showed. The results were similarly close in several swing states seen as determining the winner - Virginia, Colorado and ...


Housing crisis looms as storm victims battle cold

Posted: 04 Nov 2012 11:52 AM PST

A man plants a wind tattered American flag on a section of damaged boardwalk from superstorm Sandy in the Rockaways neighborhood of the Queens borough of New YorkNEW YORK (Reuters) - A housing crisis loomed in New York City as victims of superstorm Sandy struggled on Sunday without heat in near-freezing temperatures, and officials fretted displaced residents would not be able to vote in Tuesday's presidential election. Fuel shortages and power outages lingered nearly a week after one of the worst storms in U.S. history flooded homes in coastal neighborhoods, leaving many without heat and in need of shelter. Mayor Michael Bloomberg said 30,000 to 40,000 people in New York City alone would need housing. ...


Dizzying array of media streams spotlight election

Posted: 04 Nov 2012 11:23 AM PST

The days of watching Election Night coverage on a single television set may soon be a quaint anachronism.

Not wrecked by Sandy, 'Ralph' tops box office

Posted: 04 Nov 2012 11:23 AM PST

FILE - This film image released by Disney shows Ralph, left, voiced by John C. Reilly in a scene from "Wreck-It Ralph." The new Walt Disney Animation Studios film releases in theaters on Friday, Nov. 2. (AP Photo/Disney, File)The weekend box office was not only undeterred by aftermath of Superstorm Sandy, it was buoyed by it.


Romney pledges bipartisanship in final push

Posted: 04 Nov 2012 11:16 AM PST

Republican presidential candidate, former Massachusetts Gov. Mitt Romney steps on stage to speak at a campaign event at the Iowa Events Center Sunday, Nov. 4, 2012, in Des Moines, Iowa. (AP Photo/David Goldman)Republican presidential candidate Mitt Romney crisscrossed the nation on Sunday renewing his pledge to bring a fresh spirit of cooperation to Washington.


Chinese 14-year-old headed to Masters

Posted: 04 Nov 2012 11:13 AM PST

Guan Tianlang is an eighth-grader from China who barely weighs 125 pounds and doesn't hit the golf ball far enough to reach some par 4s. The next stop for the 14-year-old prodigy will be the Masters, where he will tee it up with Tiger Woods, Phil Mickelson and Bubba Watson at Augusta National.

Obama leads but Romney with shot in electoral race

Posted: 04 Nov 2012 11:04 AM PST

President Barack Obama walks to the podium as former President Bill Clinton waves to the crowd at right during a campaign event in the State Capitol Square, Sunday, Nov. 4, 2012, in Concord, N.H. (AP Photo/Carolyn Kaster)President Barack Obama enters the final hours of the 2012 presidential campaign with an edge in the hunt for the 270 electoral votes needed to win and more ways to reach that magic number.


Politics call the tune in U.S, China and Europe

Posted: 04 Nov 2012 11:03 AM PST

LONDON (Reuters) - In the politically packed days ahead, an election, a coronation and a two-part parliamentary vote each has the potential to alter the course of the global economy for years to come. The election, of course, is on Tuesday for the White House and Congress. Two days later, China's ruling Communist party begins the 18th congress in its history. Barring one of the biggest political surprises in modern times, the carefully choreographed gathering will culminate a week later in the crowning of Xi Jinping as successor to Hu Jintao. He will hold the reins of power for the next ...

Obama, Romney in sprint to unpredictable campaign finish

Posted: 04 Nov 2012 11:02 AM PST

U.S. President Obama is introduced by former U.S. President Bill Clinton at an election campaign rally in ConcordCONCORD, New Hampshire (Reuters) - President Barack Obama and Republican challenger Mitt Romney sprinted to an unpredictable finish in the last 48 hours of a very close race for the White House on Sunday, trying to turn out supporters and woo undecided voters in a handful of toss-up states. Obama and Romney began cross-country trips on the next-to-last day of a race that polls show is deadlocked nationally, although the president appeared to have a slight edge in the swing states that will decide who captures the 270 electoral votes needed to win on Tuesday. ...


U.S. northeast power outages fall below 2 million

Posted: 04 Nov 2012 10:49 AM PST

NEW YORK (Reuters) - The number of homes and businesses still without power nearly a week after Hurricane Sandy hit the U.S. Northeast fell to 1.9 million on Sunday morning, down from 2.5 million the previous afternoon, although a quarter of New Jersey and almost a tenth of New York remained in the dark, the Department of Energy said. As of Sunday, power had been restored to critical infrastructure and preparations were being made to ensure polling places would have power on Election Day. ...

Biden slips again, refers to 'President Clinton'

Posted: 04 Nov 2012 10:35 AM PST

Another oops for Vice President Joe Biden. He's mistakenly referred to "President Clinton" instead of "President Obama."

Lucas plans 'little personal films' in future

Posted: 04 Nov 2012 10:34 AM PST

FILE - In this March 13, 2008 file photo, director/producer George Lucas poses for portrait in Las Vegas. Lucas wrote and produced the upcoming movie "Star Wars: The Clone Wars."There's no mistaking the similarities. A childhood on a dusty farm, a love of fast vehicles, a rebel who battles an overpowering empire, George Lucas is the hero he created, Luke Skywalker. (AP Photo/Matt Sayles, File)George Lucas is done with "Star Wars," but not with filmmaking.


Biden: GOP ticket running 'con game' of moderation

Posted: 04 Nov 2012 10:32 AM PST

Vice President Joe Biden speaks with hostess Amira Nasrallah during his a visit to My Friends Cafe Sunday, Nov. 4, 2012, in Cleveland, Ohio. (AP Photo/Matt Rourke)Vice President Joe Biden says presidential nominee Mitt Romney and his running mate, Paul Ryan, are running a "con game" on voters, trying to fool them into thinking the Republican ticket is more moderate than it is.


Car bomb kills child, wounds 18 in southeast Turkey

Posted: 04 Nov 2012 10:25 AM PST

DIYARBAKIR, Turkey (Reuters) - A car bomb targeting a military vehicle in southeast Turkey on Sunday killed an 11-year-old child and wounded 18 other people, Turkish officials said. The blast happened when a police special forces armored vehicle passed the entrance to the town of Semdinli, near Turkey's borders with Iraq and Iran, the scene of frequent conflict between Turkish security forces and Kurdish militants. Most of the wounded were believed to be passers-by, with two reported to be in a serious condition. ...

Obama focuses on turnout, Romney on Pennsylvania

Posted: 04 Nov 2012 10:23 AM PST

Republican presidential candidate and former Massachusetts Gov. Mitt Romney poses with children wearing shirts which spell out "Romney" as he campaigns at the Iowa Events Center, in Des Moines, Sunday, Nov. 4, 2012. (AP Photo/Charles Dharapak)Just two days from the finish, President Barack Obama's campaign is mobilizing a massive get-out-the-vote effort aimed at carrying the Democrat to victory, as Republican Mitt Romney makes a late play for votes in Democratic-leaning Pennsylvania.


Syrian opposition begins talks to broaden, unify ranks

Posted: 04 Nov 2012 09:59 AM PST

DOHA (Reuters) - Syria's splintered opposition factions started talks in Qatar on Sunday on a common front to gain international respect and recognition and, crucially, better weapons for their quest to oust President Bashar al-Assad. It was the first concerted attempt to meld opposition groups based abroad and align them with rebels fighting in Syria, to help end a 19-month-old conflict that has killed more than 32,000 people, devastated swathes of the major Arab country and threatens to widen into a regional sectarian conflagration. ...

Foxx, Wonder among stars honoring Eddie Murphy

Posted: 04 Nov 2012 09:52 AM PST

Eddie Murphy, left, is greeted by Jamie Foxx onstage at "Eddie Murphy: One Night Only," a celebration of Murphy's career at the Saban Theater on Saturday, Nov. 3, 2012, in Beverly Hills, Calif. Foxx and Murphy were cast members in the 2006 film "Dreamgirls." (Photo by Chris Pizzello/Invision)However riotous the Eddie Murphy stories from Arsenio Hall, Tracy Morgan, Adam Sandler and Russell Brand, the highlight of Spike TV's tribute to Murphy was the comedian's duet with Stevie Wonder.


Alabama No. 1 in AP Top 25 for 10th straight week

Posted: 04 Nov 2012 09:34 AM PST

Oregon running back Kenjon Barner (24) celebrates scoring a touchdown during the second half of an NCAA college football game against the Southern California, Saturday, Nov. 3, 2012, in Los Angeles. Oregon won 62-51. (AP Photo/Bret Hartman)After being tested for the first time this season Alabama and Oregon have held their spots at the top of The Associated Press college football poll.


Rival Libya militias battle on streets of Tripoli

Posted: 04 Nov 2012 09:32 AM PST

People stand near a police car, which exploded after an explosive device was detonated in the parked vehicle, in front of a police station in BenghaziTRIPOLI (Reuters) - Rival Libyan militias fired guns and rocket-propelled grenades at each other in Tripoli on Sunday and set fire to a former intelligence building in one of the worst breakdowns in security in the capital since Muammar Gaddafi's fall. At least five people were wounded and a stray bullet entered a hospital in the heart of the city, where residents rushed to arm themselves, saying calls to police had gone unheeded. After more than 12 hours, the army moved in. ...


Tragedies can't break heroic NY community's spirit

Posted: 04 Nov 2012 09:27 AM PST

Thomas Buell, 55, poses Friday Nov. 2, 2012 still wearing the fisherman's waders that he and four other men wore when he ferried women, children and older people to safety in kayaks as a fire threatened their homes at the height of Superstorm Sandy. The Belle Harbor, Queens, residents took it upon themselves to evacuate as the fire that destroyed 14 homes on their street moved their way, sending burning embers and smoke toward their houses. Buell is seated next to one of the kayaks the men used. (AP Photo/Lawrence Neumeister)Tragedy has too often visited one Queens community, but residents drew a line in the sand with Superstorm Sandy, rallying with a surfboard and kayaks at the storm's peak to rescue themselves as a fire engulfed 14 homes and flaming embers came at them like a torch.


Atlanta police helicopter crash kills 2 officers

Posted: 04 Nov 2012 09:27 AM PST

Law enforcement personnel embrace early Sunday, Nov. 4, 2012, as others investigate the scene of an Atlanta Police Department helicopter crash that killed two officers aboard the aircraft when it crashed near a shopping center late Saturday, Nov. 3, 2012. (AP Photo/David Tulis)A police helicopter flying low over Atlanta on a nighttime search for a missing 9-year-old boy plunged to the ground in a neighborhood of shops and apartments, killing the two officers aboard, authorities said Sunday.


G20 draft communiqué sees elevated risks to global growth: source

Posted: 04 Nov 2012 09:25 AM PST

MEXICO CITY (Reuters) - A draft communiqué being prepared for Group of 20 policymakers sees elevated risks to the global economy, including from potential fiscal tightening in the United States and Japan, a source familiar with the draft told Reuters on Sunday. ...

PROMISES, PROMISES: Hours to go, promises to keep

Posted: 04 Nov 2012 09:17 AM PST

The shadow of Republican presidential candidate and former Massachusetts Gov. Mitt Romney is cast on a Des Moines sign as he campaigns at Iowa Events Center, in Des Moines, Iowa, Sunday, Nov. 4, 2012. (AP Photo/Charles Dharapak)Mitt Romney has a ton of promises to keep if he becomes president, and that's on his first day alone, never mind the other 1,460 days. Barack Obama was similarly brimming with will-do's in his first presidential campaign, racking them up by the hundreds, big and small.


Post-storm construction hiring may aid US economy

Posted: 04 Nov 2012 09:16 AM PST

Hiring in the long-depressed U.S. construction industry will get a boost from the rebuilding that will follow Superstorm Sandy. Those jobs, in turn, could raise economic growth, analysts say.

Obama: Compromise, yes; 'surrender,' no

Posted: 04 Nov 2012 08:54 AM PST

President Barack Obama waves to supporters during a campaign event at Capitol Square, Sunday, Nov. 4, 2012, in Concord, N.H. (AP Photo/Pablo Martinez Monsivais)President Barack Obama says he's willing to work across party lines to end gridlock in Washington but will not give up key Democratic measures like college financial aid or health care to achieve compromises.


Gulf squeeze on dissent raises alarm with allies

Posted: 04 Nov 2012 08:46 AM PST

A riot policeman fires tear gas in Daih, Bahrain, on Saturday, Nov. 3, 2012, where Bahraini anti-government protesters tried to organize a march despite a ban on protests. A heavy police presence prevented protesters from gathering, and police dispersed and chased small groups through narrow streets as they emerged. (AP Photo/Hasan Jamali)The Gulf has been the slow burn of the Arab uprisings.


Cozy texts show Cameron ties to Murdoch executive

Posted: 04 Nov 2012 08:43 AM PST

Britain's Prime Minister Cameron stands outside Number 10 Downing Street in LondonLONDON (Reuters) - Text messages sent by the former head of Rupert Murdoch's British newspapers to Prime Minister David Cameron, published on Sunday, have further revealed their close personal relationship. Rebekah Brooks, who is awaiting trial on charges related to a phone-hacking scandal that prompted a public inquiry into media ethics, congratulated Cameron a "brilliant" pre-election speech in 2009 that she said had moved her to tears. "I cried twice. Will love 'working together'," Brooks said in one text message sent months before Cameron's Conservatives formed a coalition government. ...


Israeli premier: Efforts to block migrants worked

Posted: 04 Nov 2012 08:43 AM PST

Israel's prime minister says his government has successfully halted the flow of African migrants sneaking into Israel from Egypt.

Northeast power outages fall below 2 million: Department of Energy

Posted: 04 Nov 2012 08:20 AM PST

NEW YORK (Reuters) - The number of homes and businesses still without power nearly a week after Hurricane Sandy fell to 1.9 million on Sunday morning, down from 2.5 million the previous afternoon, although a quarter of New Jersey and almost a tenth of New York remained in the dark, the Department of Energy said. At its peak, more than 8.5 million customers were without power after Sandy tore across the greater New York City area. ...

Did you remember to set your clocks back?

Posted: 04 Nov 2012 08:17 AM PST

Graphic to be used as a reminder to turn back the clocksMost Americans got an extra hour of sleep this weekend thanks to the annual shift back to standard time. Officially, the change occured at 2 a.m. Sunday, but most people set their clocks back before hitting the sack Saturday night.


Falling temps add urgency to superstorm recovery

Posted: 04 Nov 2012 08:14 AM PST

People in cars and on foot line up for free gas in the Jamaica neighborhood of the Queens borough of New York, Saturday, Nov. 3, 2012, in the wake of Superstorm Sandy. Trucks provided by the U.S. Department of Defense at the direction of President Barack Obama at this site and others were deployed in coordination with the New York National Guard at the direction of the governor. (AP Photo/Craig Ruttle)Cold weather settling in across the New York metropolitan area compounded the misery Sunday for people already struggling with widespread gasoline shortages and power outages in the wake of Superstorm Sandy.


Judge orders 1 Fla. county to extend early voting

Posted: 04 Nov 2012 08:13 AM PST

A judge extended early voting hours in one Florida county on Sunday after the state Democratic Party sued in an effort to give people more time at the polls.

Eight fuel tankers anchored in New York Harbor: U.S. Coast Guard

Posted: 04 Nov 2012 08:06 AM PST

NEW YORK (Reuters) - Eight fuel-carrying tankers are anchored offshore in the New York Harbor with traffic restrictions still in place after super storm Sandy pummeled the port and clogged it with debris, the U.S. Coast Guard said on Sunday. Four of the tankers were carrying petroleum products and the other four had crude oil onboard, according to the Coast Guard. Some of the tankers are transferring fuel to light barges that can easily enter the port and deliver supplies to working terminals. ...

PSE&G restores power to NJ refiners, pipelines, most gas stations

Posted: 04 Nov 2012 08:03 AM PST

NEW YORK (Reuters) - Public Service Enterprise Group (PSEG) has restored power to New Jersey's refineries and pipelines, and more than three-quarters of the filling stations it serves, offering more hope that a regional fuel shortage would ease soon. "We have restored power to all of the refineries and pipeline suppliers that we are aware of," PSE&G President Ralph LaRossa said on a conference call. He also said that 78 pct of gasoline stations in PSEG's service area now have power. (Reporting by Cezary Podkhul; Editing by David Gregorio)

U.S. soldier accused of Afghan rampage faces evidence hearing

Posted: 04 Nov 2012 08:02 AM PST

Handout photo of Staff Sgt. Robert Bales at Fort IrwinSEATTLE (Reuters) - A U.S. Army soldier accused of gunning down 16 Afghan villagers in a drunken rampage will face the military version of a preliminary hearing on Monday to determine if there is sufficient evidence to send him to a court martial. U.S. Army Staff Sergeant Robert Bales, a decorated veteran of four combat tours in Iraq and Afghanistan who could face the death penalty if convicted, is accused of walking off his base under cover of darkness and opening fire on civilians in their homes in at least two villages in March. ...


Colonial Pipeline says commercial power back at Linden terminal

Posted: 04 Nov 2012 08:00 AM PST

NEW YORK (Reuters) - Colonial Pipeline, owner of the largest refined products pipeline in the United States, said commercial power was restored at its Linden, New Jersey terminal as of 10 a.m. EST on Sunday, nearly a week after super storm Sandy hit the region. The pipeline operator said it was making deliveries to customer terminals that were restarted after the storm. (Reporting by Selam Gebrekidan; Editing by David Gregorio)

Crucial votes will end talk of Greece exiting euro: PM

Posted: 04 Nov 2012 07:55 AM PST

Greece's PM Samaras addresses his lawmakers at the headquarters of conservative New Democracy party in AthensATHENS (Reuters) - Talk of Greece exiting the euro will end after critical votes in parliament this week on new austerity measures, labor reforms and the 2013 budget, Greek Prime Minister Antonis Samaras said on Sunday. The three-party government will submit the package of measures to parliament on Monday and must approve both it and the 2013 budget to receive aid from the IMF and European Union that it needs to avoid bankruptcy. The junior ruling Democratic Left Party has refused to back the mix of tax hikes, spending reductions worth 13. ...


Factbox: Syria's divided opposition gather for talks

Posted: 04 Nov 2012 07:38 AM PST

(Reuters) - Here is a look at Syrian opposition factions who began talks in Qatar on Sunday to forge unity crucial to gaining international respect and a better supply of weapons for their quest to oust President Bashar al-Assad. * The Syrian National Council (SNC) is a largely foreign-based group which has been among the most vocal proponents of international intervention in the Syrian conflict. ...

Syrian rebels capture oilfield near Iraqi border

Posted: 04 Nov 2012 07:36 AM PST

In this Saturday, Nov. 03, 2012 photo, a rebel fighter watches windows in an overlooking building as he awaits for loyalists to President Bashar Assad to appear during heavy fighting in the Jedida district of Aleppo, Syria.(AP Photo/Narciso Contreras)Syrian rebels firing mortars and rocket-propelled grenades captured an oilfield in the country's east on Sunday after three days of fierce fighting with government troops protecting the facility, activists said.


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