POLITICS & POLICY

White House Middle East priorities out of sync with regional realities, wide gap between Obama and Israel on security issues

President Obama's attempt today to link the stalled Palestinian-Israel negotiations to social and economic progress in the Arab world will unnecessarily increase tensions between Washington and Jerusalem, said JINSA Executive Director Tom Neumann. Furthermore, Neumann said, it is a distraction from continued work needed to strengthen the international isolation of Iran and to fight against radical Islamism, in which Israel is a vital partner.

Strauss-Khan resigns, denies sex charges

Amidst mounting pressures, beleaguered International Monetary Fund (IMF) managing director Dominique Strauss-Khan resigned on Thursday but insists he was innocent of the sexual assault accusations hurled against him.

End of days party on Saturday

It's the end of the world according to Christian evangalist Harold Camping and his Family Radio group. So what better way to meet the end of days by partying 'till you drop. And organizers of Saturday's party mean it almost literally.
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CIA deploys stealth drones in Pakistan to monitor bin Laden

The United States' top spy agency, the Central Intelligence Agency, deployed its latest stealth drone planes on dozens of secret missions to monitor the movements in the compound of Osama bin Laden before a team of crack Navy SEALs commandos launched the daring May 2 raid that killed the world's top terrorist.

Moderate wage increases seen in Australia

Moderate wage increases in Australia's states have temporarily eased the pressure on a planned interest rate adjustment by the Reserve Bank of Australia (RBA) next month.

Interest rate growths to happen as Liberals toy with budget

The Reserve Bank has confirmed anticipations of interest rate growths. According to the government, the policy positions held by the opposition has added to the rate pressures as it would wipe almost $7 billion off the budget bottom line.

IMF leadership in disarray

The leadership of International Monetary Fund is now in disarray with the arrest and detention of managing director Dominique Strauss-Kahn by the New York City police.

CalPERS to divest stocks in companies doing business in Iran, Sudan

Responding to the impact of federal and international sanctions, the California Public Employees' Retirement System (CalPERS) today adopted a plan to divest shares of the remaining public companies operating in specific segments of the Iran and Sudan economies. New investments in these companies would be blocked as well.

Malaysia deal affects Gilliard’s poll ratings

A recent poll indicated that Prime Minister Julia Gillard’s ratings experienced decline as the federal government’s deal for asylum-seekers exchanges with Malaysia has taken its toll on Julia Gillard.

Guinness rejects ‘circumcision party in Marikina City

The Guinness World Book of Records has rejected the bid of a Philippine city to set a new world record for the most number of boys participating in a so-called "Tule (Circumcision) Party." Guinness said it cannot accept Marikina City's bid due to hygiene concerns.

Police arrests ‘Batman’

The police in Michigan has arrested a man hanging off the ledge of a 30ft building while dressed as 'Batman."

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