Romney promotes education agenda, defends Bain - Wed, 23 May 2012
Originally planning to focus on education, Mitt Romney instead reignited the debate over his business credentials on Wednesday, welcoming scrutiny of the private equity firm he co-founded and declaring he's a far more qualified steward of the economy than President Barack Obama.
Obama team wrongly says Romney moves goal posts - Wed, 23 May 2012
President Barack Obama's campaign says Republican rival Mitt Romney is trying to "move the goal posts" and reverse his position on unemployment. Actually, that's a fumble of the facts.
THE RACE: Obama walking fine line in Bain critique - Wed, 23 May 2012
President Barack Obama has to tread carefully in targeting Republican rival Mitt Romney's business resume.
Romney opens new front vs Obama: schools are failing - Wed, 23 May 2012
WASHINGTON (Reuters) - Republican presidential candidate Mitt Romney opened a new front on Wednesday in his fight against President Barack Obama, accusing him of presiding over a failing U.S. education system in the grip of union bosses who refuse to accept reforms. In a rare diversion from his campaign focus on the weak U.S. economy, Romney laid out an education plan in a speech that represented his most overt appeal to date to Hispanic voters who have largely sided with the Democratic incumbent. ...
PRESS DIGEST - Financial Times - May 24 - Wed, 23 May 2012
Financial Times EURO DROPS SHARPLY AS FEARS TAKE TOLL The euro tumbled to its lowest level in almost two years asinvestors dumped riskier European equities amid signs thatpolicymakers were bracing for the financial turmoil that couldbe unleashed by a Greek exit from the euro zone. INVESTORS SUE FACEBOOK AND BANKS ON IPO Recriminations over Facebook's initial publicoffering have escalated with a group of investors filing alawsuit against the social network group and the investmentbanks that backed last week's initial public offering. ...
Mexico's PRI eyes jump-start to reforms if victorious-aide - Wed, 23 May 2012
MEXICO CITY (Reuters) - Mexico's main opposition faction hopes to secure support for energy, fiscal and labor market reforms by December if its candidate who is well ahead in the polls wins the presidency, a senior official in the Institutional Revolutionary Party (PRI) said on Wednesday. Enrique Pena Nieto of the PRI is strong favorite to win the July 1 presidential election, and he has pledged to overhaul the Mexican economy in pursuit of annual growth of around 6 percent. ...
U.S. charges Chinese man with illegal nuclear-related exports - Wed, 23 May 2012
WASHINGTON (Reuters) - A Chinese national was charged with illegally exporting to China U.S.-made sensors used to produce weapons-grade uranium, the U.S. Department of Justice said on Wednesday. Qiang Hu, 47, a sales manager for a Chinese subsidiary of MKS Instruments, was arrested at his hotel in North Andover, Massachusetts and charged with conspiracy to violate U.S. export laws. He allegedly allowed thousands of pressure measuring sensors, known as pressure transducers, to be exported from the United States to unauthorized users in China, the department said. ...
Aggressive Chicago prosecutor Fitzgerald to quit - Wed, 23 May 2012
CHICAGO (Reuters) - Patrick Fitzgerald, the aggressive U.S. attorney in Chicago whose investigations as a federal prosecutor ranged from al Qaeda leader Osama bin Laden to CIA leaks and two consecutive Illinois governors, said on Wednesday he would step down effective June 30. Fitzgerald, 51, who was appointed to the post just days before the September 11, 2001, attacks, is the longest-serving U.S. attorney in Chicago history. ...
Obama birth certificate OK by Arizona official - Wed, 23 May 2012
Arizona's secretary of state said Wednesday that Hawaii's official verification of President Barack Obama's birth records meets necessary requirements, meaning the president's name will appear on Arizona's ballot in the fall.
Swiss bank Wegelin served with U.S. charges - Wed, 23 May 2012
NEW YORK (Reuters) - Wegelin & Co, the oldest Swiss private bank, is digging in its heels against a U.S. criminal charge that it conspired to help wealthy Americans evade taxes. At a hearing in U.S. District Court in Manhattan on Wednesday, a federal prosecutor said Swiss police on May 2 had hand delivered a court summons and a copy of the indictment to Wegelin executive Konrad Hummler. The bank is now seeking to contest the summons in Swiss courts, prosecutor Daniel Levy said. ...
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