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Worse Than Watergate? The Ultimate White House Scandal Matrix

Worse than Watergate. That's the refrain coming from the Obama administration's critics as it scrambles to tamp down a growing pile of scandals. "The Obama administration's cover-up of the September 11, 2012 Benghazi terrorist attack surpasses Watergate," states Rep. Show More Summary

Academics back BP’s fight to cap oil spill payouts

LONDON (Reuters) - A group of accountancy professors is backing BP's fight to cap the U.S. oil spill compensation payouts it has to fund as the cash outflow threatens to add billions of dollars to its bill for the disaster.

Sequester Guts Wildfire Prevention, Sets Up Bigger Blazes

"Tree coming down!" Skyler Lofgren shouts above a din of buzzing chainsaws, leans into his own, and with a final heave topples another 40-foot Ponderosa pine. Lofgren, 27, a forest firefighting crew boss with Flagstaff, Arizona's fire...Show More Summary

Three mainland Chinese charged in HK mercantile exchange probe

HONG KONG (Reuters) - Three men were charged on Friday in a Hong Kong court with possessing false documents including a check for $460 million in connection with an investigation into the city's shuttered Hong Kong Mercantile Exchan...

Bank of England’s Fisher says does not want U.S.-style QE pledge

CARDIFF (Reuters) - A Bank of England policymaker said on Friday he favored small additional amounts of bond purchases over time, but not a hard-to-manage commitment to longer-term stimulus like that of the U.S. Federal Reserve.

Fed’s Bullard wants inflation pickup before tapering QE

LONDON (Reuters) - A top Federal Reserve official said on Friday U.S. inflation would have to pick up before he voted to scale back monetary policy stimulus and that this was unlikely to happen in the coming month.

Memorial NGO Inspections Declared Lawful

A Moscow court has upheld the legality of an unscheduled inspection of the Memorial Human Rights Center NGO by prosecutors, the court said on Friday.

Russian Navy Shipbuilding Program ‘at Risk’ - Deputy PM

The Russian government is ready to step in to sort out the crisis in Russian naval shipbuilding which is threatening to derail the defense procurement program, Deputy Prime Minister Dmitry Rogozin said on Friday.

Market turbulence poses first serious test for Abenomics

TOKYO (Reuters) - This week's turbulence in Tokyo markets exposes a key risk of Prime Minister Shinzo Abe's all-in strategy to revive Japan's economy - if investor confidence falters, the government and the Bank of Japan may be left with few options to...

‘Russia’s Facebook’ Put on Internet Blacklist by Mistake

Vkontakte, Russia’s biggest social networking site, was put on a state registry of blacklisted websites by mistake earlier today, a spokesman for Russia's telecoms watchdog Roskomnadzor said.

Kiev Breaks Ground for New Basketball Arena

A time capsule was laid Friday to mark the start of construction at the site of the 2015 European basketball championships arena in the Ukrainian capital of Kiev.

Russia, US to Boost Law Enforcement Cooperation

Russia and the United States may set up joint working groups to counter emerging crime threats, Russia’s Interior Minister said at the end of a working visit to the United States.

Earthquake Hits Russia’s Far East, Tremors Felt in Moscow

An earthquake measuring 8.2 on the Richter scale struck Russia’s Far East on Friday, with slight tremors felt thousands of miles away in Moscow.

Barack Obama, World’s Greatest Gun Salesman

Stunning statistics suggest he has done as much to increase private gun ownership as anyone in U.S. history.

Private consumption helps Germany to meager growth in Q1

Berlin (Reuters) - Private consumption helped Germany eke out meager economic growth of 0.1 in the first quarter of the year, compensating for declines in exports and investment in Europe's largest economy, data showed on Friday.

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