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2 powerful cartels dominate in Mexico drug war

Five years after President Felipe Calderon launched an offensive against Mexico's five main drug cartels, the nation is now dominated by two powerful organizations that appear poised for a one-on-one battle to control drug markets and trafficking routes....

 

Medvedev Fires Russian Finance Minister for Insubordination

Medvedev Fires Russian Finance Minister for Insubordination

President Dmitri A. Medvedev forced Aleksei L. Kudrin out of office for insubordination after the two had an icy confrontation on television.

 

Moody's: Obama budget unlikely to be implemented

Moody's: Obama budget unlikely to be implemented

President Barack Obama's deficit reduction plan would be positive for U.S. ratings but chances of its implementation are "extremely low," Moody's Investors Service said on Monday.

 

Medvedev says Putin should be president, again

Medvedev says Putin should be president, again

Russian President Dmitry Medvedev on Saturday proposed Vladimir Putin as presidential candidate for 2012, almost certainly gua

 

Obama marks end of 'don't ask, don't tell' policy

Obama marks end of 'don't ask, don't tell' policy

President Obama acknowledged the end of the military's ban on gays serving openly in the U.S. armed forces Tuesday, saying that the nation has taken "another great step toward keeping our military the finest in the world and toward fulfilling our nation's founding ideals."

 

Obama to propose $3 trillion in deficit cuts

Obama to propose $3 trillion in deficit cuts

President Barack Obama will release a plan on Monday calling for more than $3 trillion in deficit cuts over 10 years, with about half of the savings coming from higher taxes on the wealthy and big corporations.

 

Bashar Assad Agrees To Reforms To Stop Violence: Reports

Reuters reports that Syrian President Bashar Assad and Arab League Chief Nabil Elaraby have agreed to measures that could end months of violence. DP news reports that Syria said Assad and Elaraby agreed on a number of “practical steps” to speed up the reform process.

 

Stocks Drop Sharply Amid Uncertainty

Markets declined on Friday in the wake of President Obama’s jobs speech that added to the uncertainty already weighing on global markets over the euro zone.

 

Obama to propose $300 billion jobs package: report

Obama to propose $300 billion jobs package: report

President Barack Obama, facing waning confidence among Americans in his economic stewardship, plans to lay out a $300 billion job-creation package on Thursday, CNN reported, citing Democratic sources.

 

Obama halts controversial EPA regulation

Obama halts controversial EPA regulation

President Barack Obama on Friday sacked a controversial proposed regulation tightening health-based standards for smog, bowing to the demands of congressional Republicans and some business leaders.

 

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