Archive for September 1st, 2013

Obama’s history-defying decision on Syria

September 1, 2013
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President Barack Obama, according to background briefings by his aides, reached a fateful decision late Friday afternoon as he strolled along the White House lawn with his chief of staff Denis McDonough. Contrary to every expectation by his national security team, Obama concluded that he should ask Congress for authorization to bomb Syria.
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Assad defiant in face of U.S. threat of strikes

September 1, 2013
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Syrian President Bashar al-Assad remained defiant Sunday saying he was ready for any intervention after his US counterpart Barack Obama said he was seeking congressional approval for a military strike.
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Wall Street Week Ahead: Payrolls could spur Fed action; Syria fears may dip

September 1, 2013
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By Richard Leong NEW YORK (Reuters) – Wall Street is bracing for a wave of economic reports this week, including the August jobs report, which might prove decisive in determining whether the economy is strong enough for the Federal Reserve to dial back its bond purchases in mid-September.
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Verizon, Vodafone to announce $130 billion U.S. deal on Monday

September 1, 2013
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By Soyoung Kim and Michelle Sierra NEW YORK (Reuters) – Verizon Communications and Vodafone plan to announce a $130 billion (83.6 billion pounds) deal on Monday that will give the U.S. telecom giant complete control of Verizon Wireless, subject to final board approval, people familiar with the matter said.
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Kerry: U.S. has evidence sarin gas was used in Syria

September 1, 2013
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WASHINGTON (AP) — Secretary of State John Kerry asserted Sunday that the United States now has evidence of sarin gas use in Syria and said “the case gets stronger by the day” for a military attack.
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Analysis: Obama’s credibility on line in reversal

September 1, 2013
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WASHINGTON (AP) — For more than a week, the White House had been barreling toward imminent military action against Syria. But President Barack Obama‘s abrupt decision to instead ask Congress for permission left him with a high-risk gamble that could devastate his credibility if no action is ultimately taken in response to a deadly...
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Kuwait’s Warba Bank to list on stock market Sept. 3

September 1, 2013
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By Nadia Saleem DUBAI, Sept 1 (Reuters) – Kuwait‘s Warba Bank, an Islamic lender set up three years ago, will be listed on the country’s stock exchange on Sept. 3 after a restriction on public trading of the stock ended, an analyst and an industry source familiar with the matter said.
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Lawmakers begin to grapple with Syria question

September 1, 2013
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WASHINGTON (AP) — Members of Congress, abruptly handed exactly the war powers many had demanded, grappled Saturday with whether to sign off on President Barack Obama‘s plan to punish Syria for an alleged chemical weapons attack. Now with a stake in the nation’s global credibility, lawmakers were seeking more information about the possible consequences...
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Measles cases put Texas megachurch under scrutiny

September 1, 2013
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NEWARK, Texas (AP) — The teachings of televangelist Kenneth Copeland and his family focusing on the virtues of trusting God to keep healthy are under scrutiny after a cluster of measles cases linked to his family’s North Texas megachurch revealed many congregants hadn’t been vaccinated against the highly contagious disease.
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Obama gambles on getting Congress to back Syria strike

September 1, 2013
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In a legacy-defining gamble, President Barack Obama announced Saturday that he has decided to launch military strikes against Syria — but wants the Congress to authorize them.
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