Obama Sees 'Potential' for Averting the Fiscal Cliff

President Obama says he sees "potential" for averting the "fiscal cliff" in 28 days, but that no deal will get done unless Republicans consent to raise income-tax rates on the top 2 percent of U.S. earners."We're going to have to see the rates on the top 2 percent go up and we're not going to be able to get a deal without it," Obama told Bloomberg TV in his first televised interview...

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Football: Lionel Lewis calls it a day

SINGAPORE: He was Singapore's safest pair of hands for almost a decade and, despite retiring from international football last year with 73 caps, Lionel Lewis was playing well enough to warrant consideration for a recall to the national squad for the current ASEAN Football Federation Championship.But a persistent ankle injury put paid to the possibility of that happening, and now Lewis...

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Zee editors denied bail for 2nd time in a week

NEW DELHI: For the second time in less than a week, a trial court on Monday dismissed the bail applications of the two Zee group editors arrested for allegedly trying to extort Rs 100 crore from Congress MP Naveen Jindal's firm. Metropolitan magistrate Rajinder Singh on Monday dismissed the bail pleas, saying Zee News head Sudhir Chaudhary and Zee Business editor Samir Ahluwalia had not given...

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Photos: Kilauea Lava Reaches the Sea

Into the Sea Photograph by Hugh Gentry, ReutersA spectacular natural phenomenon was on display early this week as lava from a vent in Hawaii's Kilauea volcano flowed into...

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Boehner Makes Fiscal Cliff Counter-Offer

House Speaker John Boehner today sent President Obama a counter-proposal on how to cut the deficit that he called a “credible plan” to break the stalemate in negotiations to keep the country from going off the “fiscal cliff” but just hours later the White House quickly rejected the offer.In the plan, Republicans offer a total of $2.2 trillion in deficit reduction over the next decade. That would...

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State lawmakers gird for battle over Medicaid expansion

As state legislatures prepare to meet in January, lawmakers across the country are girding for a battle over whether to sign on to the health-care law’s expansion of Medicaid. “This is the number one issue,” said state Sen. Michael Lamoureux (R), incoming president of the Arkansas Senate. “And in 10 years this is by far the most difficult one we’ve ever dealt wit...

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French minister says 'no confidence' in steel tycoon Mittal

PARIS: A French minister cast doubt Sunday on whether the world's top steelmaker ArcelorMittal would keep its end of the bargain after a compromise deal on a key plant that Paris had threatened to nationalise.The dispute over the closure of blast furnaces at the Florange plant risked damaging France's image among investors, after a virulent attack by a minister on the company owned by...

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FDI in retail to safeguard international market mafias' interest: BJP

ANI Dec 1, 2012, 03.28PM ISTNEW DELHI: India's main opposition Bharatiya Janata Party (BJP) today said retail reform is a step taken by the Congress led-federal government to safeguard the interests of the international market mafias at the cost of national interest. BJP vice president Mukhtar Abbas Naqvi said on Saturday that voting inside the parliament would decide as to who is in favour of national...

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Photos: Kilauea Lava Reaches the Sea

Into the Sea Photograph by Hugh Gentry, ReutersA spectacular natural phenomenon was on display early this week as lava from a vent in Hawaii's Kilauea volcano flowed into...

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Chiefs: Jovan Didn't Have 'Long Concussion History'

The death of Kansas City Chiefs linebacker Jovan Belcher, the latest in a string of tragic NFL suicides, has left the player's teammates, coaches, family and friends wondering what could have led a man described as generous and caring to murder his girlfriend -- the mother of his 3-month-old daughter -- and then kill himself.Kansas City police say Belcher, 25, shot and killed...

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