Dec
27

Thatcher papers show fascination with Reagan visit

LONDON — It is not often that the president of the United States needs to seek fashion advice. But when Ronald Reagan was getting ready for a visit to England as a guest of Queen Elizabeth II in June 1982, his people had an important question for the Brits: Just what does one wear to go riding with the queen in the magnificent horse country surrounding Windsor Castle? The answer: Something smart,...
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U.S. suspends embassy operations in rebel-hit Central African Republic

The United States said on Thursday it was suspending operations at its embassy in the Central African Republic as rebels appeared poised to move on the capital of the impoverished but resource-rich nation. U.S. State Department spokesman Patrick Ventrell said the U.S. embassy had temporarily suspended operations and that the U.S. ambassador and other embassy personnel had left the country. "This...
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CAR appeals for French help against rebels, Paris balks

The president of the Central African Republic appealed on Thursday for France and the United States to help push back rebels threatening his government and the capital, but Paris said its troops were only ready to protect French nationals. The exchanges came as regional African leaders tried to broker a ceasefire deal and as rebels said they had temporarily halted their advance on Bangui, the capital,...
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US shuts embassy in Central African Republic

The State Department has closed its embassy in the Central African Republic and ordered the ambassador and his diplomatic team to leave the country as rebels there continue to advance and violence escalates, U.S. officials said Thursday. A Pentagon spokesman, Lt. Col. Todd Breasseale, said that at the State Department's request, Defense Secretary Leon Panetta had directed U.S. Africa Command to evacuate...
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AP Exclusive: Photos show NKorea nuclear readiness

SEOUL, South Korea (AP) — Recent satellite photos indicate North Korea has repaired flood damage at its nuclear test facility and could conduct a quick atomic explosion if it chose. But analysis provided by the 38 North website to The Associated Press on Friday also shows water streaming out of a test tunnel that may cause problems. Washington and others are pushing for U.N. sanctions in response...
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Dec
26

State tax revenues continue growing in third quarter

WASHINGTON (Reuters) - State tax revenues have grown for more than two years, but they are still suffering the effects of the 2007-2009 recession, according to a report released by the Rockefeller Institute of Government on Thursday.Using preliminary data, the New York research group found that collection from major taxes increased in 47 states in the third quarter of 2012 from a year before, marking...
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Muni tax break under threat from bipartisan scrutiny in congress

The tax break that U.S. states, cities and counties get on the bonds they issue is in growing jeopardy now that Republicans, in addition to Democrats, are considering limits on the exemption.As part of the "fiscal cliff" negotiations to raise more federal government tax revenue, Republican lawmakers have joined Democrats in reevaluating the costly tax break, said Republican congressional aides and...
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Boehner plan would bring top U.S. income tax rate to 39.6 percent: source

WASHINGTON (Reuters) - House of Representatives Speaker John Boehner's latest "fiscal cliff" proposal to President Barack Obama would see the top income tax rates rise to 39.6 percent from 35 percent for those with net incomes above $1 million a year, according to a source familiar with the talks.The source, who asked not to be identified, emphasized that the income tax rate increase would be in exchange...
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House Republicans eye limited fiscal cliff bill

WASHINGTON (Reuters) - With time running short before a Dec. 31 deadline, House of Representatives Speaker John Boehner will begin work on legislation that simply would extend current low income tax rates for all families with incomes below $1 million a year, according to an aide.Negotiations will continue with the White House on a broader tax and spending deal, the Boehner aide said.Boehner is presenting...
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Senator Reid rejects Boehner "fiscal cliff" backup plan

WASHINGTON (Reuters) - House Speaker John Boehner's backup plan that would simply extend low income tax rates for households with incomes below $1 million a year "cannot pass both houses of Congress," Senate Majority Leader Harry Reid said on Tuesday.Reid, a Democrat, said Boehner instead should focus on reaching a broad deficit-reduction deal with President Barack Obama. "Now is the time to show...
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