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Obama to announce economic team on Monday

WASHINGTON, Nov. 23, 2008 (Reuters) — U.S. President-elect Barack Obama will announce the members of his economic team at a news conference in Chicago at 11 a.m. CST Monday, his transition office said. ...  > full story
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Pelosi says Congress could back huge stimulus plan

WASHINGTON, Nov. 23, 2008 (Reuters) — Speaker of the U.S. House of Representatives Nancy Pelosi said on Sunday that Congress could put together an economic stimulus package of several hundred billion dollars that should also contain tax cuts. ...  > full story
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Obama may delay tax-cut rollback for wealthy

WASHINGTON, Nov. 23, 2008 (Reuters) — President-elect Barack Obama may consider delaying a campaign promise - to roll back tax cuts on high-income Americans - as part of his economic recovery strategy, two aides said on Sunday. ...  > full story
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Olmert in U.S. to bid farewell to Bush

WASHINGTON, Nov. 23, 2008 (Reuters) — Israeli Prime Minister Ehud Olmert began a visit to Washington on Sunday to bid farewell to President George W. Bush before the two lame-duck leaders leave office without the Palestinian statehood deal they had sought. ...  > full story
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Abbas raises Palestinian election, Hamas say No

RAMALLAH, West Bank, Nov. 23, 2008 (Reuters) — Palestinian President Mahmoud Abbas said on Sunday he would call for elections in 2009 if his secular Fatah movement and its Islamist rivals Hamas do not reconcile by the end of this year. ...  > full story
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Obama picks point men for crisis fight back

WASHINGTON/LIMA, Nov. 23, 2008 (Reuters) — President-elect Barack Obama has picked two experienced policymakers, Timothy Geithner and Lawrence Summers, to spearhead the fight against the global financial crisis -- appointments which should bring some cheer to world markets ...  > full story
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Obama tells Karzai Afghan security will be priority

KABUL, Nov. 23, 2008 (Reuters) — U.S. President-elect Barack Obama told Afghan President Hamid Karzai he would make it a priority to fight terrorism and bring security to Afghanistan and the region, the Afghan presidential palace said Sunday. ...  > full story
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Ransoms bring wealth to Somali pirate bases

BOSASSO, Somalia, Nov. 23, 2008 (Reuters) — As dawn breaks over the Indian Ocean each morning, elders in Somali pirate bases sip strong coffee and clutch mobile phones to their ears, eager to hear the latest from the gunmen out at sea. ...  > full story
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Venezuelans vote in local election test for Chavez

CARACAS, Nov. 23, 2008 (Reuters) — Venezuelans vote Sunday in state elections where President Hugo Chavez aims to consolidate his grip on the OPEC nation to re-energize his drive toward socialism a year after he suffered a referendum defeat. ...  > full story
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South Korea stands firm as tension rises with North

SEOUL, Nov. 23, 2008 (Reuters) — South Korea made clear on Sunday it will not back down in mounting tensions with North Korea, which has threatened to shut their heavily armed border next week over what it sees as Seoul's antagonistic approach to relations. ...  > full story
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World News

Syria "safe haven" for terrorists against Iraq: U.S.

DAMASCUS, Nov. 23, 2008 (Reuters) — The United States criticized Syria at a security conference on Sunday for "giving safe haven to terrorists" attacking Iraq, weeks after a U.S. raid on Syria it said was targeting al Qaeda militants, delegates said. ...  > full story

Bangladesh could halve poverty by 2015: World Bank

DHAKA, Nov. 23, 2008 (Reuters) — Bangladesh is on track to halve poverty levels by 2015 after significant progress over the past decade despite a series of external shocks, the World Bank said on Sunday. ...  > full story

Bolivia ends martial law in northern region

LA PAZ, Nov. 23, 2008 (Reuters) — Bolivian President Evo Morales ended martial law in a northern province on Sunday more than two months after government supporters were killed in the region as a wave of political violence swept the country. ...  > full story

Iran holds defence drills

TEHRAN, Nov. 23, 2008 (Reuters) — An Iranian militia held civil defense drills on Sunday to prepare for any hostile air strikes and the military said it could close a waterway crucial for world oil supplies if Iran was attacked. ...  > full story

Politics

Obama to announce economic team on Monday

WASHINGTON, Nov. 23, 2008 (Reuters) — U.S. President-elect Barack Obama will announce the members of his economic team at a news conference in Chicago at 11 a.m. CST Monday, his transition office said. ...  > full story

Pelosi says Congress could back huge stimulus plan

WASHINGTON, Nov. 23, 2008 (Reuters) — Speaker of the U.S. House of Representatives Nancy Pelosi said on Sunday that Congress could put together an economic stimulus package of several hundred billion dollars that should also contain tax cuts. ...  > full story

Obama may delay tax-cut rollback for wealthy

WASHINGTON, Nov. 23, 2008 (Reuters) — President-elect Barack Obama may consider delaying a campaign promise - to roll back tax cuts on high-income Americans - as part of his economic recovery strategy, two aides said on Sunday. ...  > full story

Senate Democrat sees stimulus up to $700 bln

WASHINGTON, Nov. 23, 2008 (Reuters) — An influential U.S. Senate Democrat said on Sunday a large economic stimulus package of up to $700 billion was needed to lift the American economy out of its current downturn. ...  > full story

Business

Wanted: catalysts for buying

LONDON, Nov. 23, 2008 (Reuters) — Many financial assets across the world are looking cheap after the market ructions of the past year but investors in general have yet to rediscover the impulse to buy. ...  > full story

Jaguar in UK govt talks for 1 bln stg loan: paper

LONDON, Nov. 23, 2008 (Reuters) — British-based carmaker Jaguar Land Rover is in secret talks with the UK government over a 1 billion pound ($1.48 billion) loan, just nine months after the Indian conglomerate Tata Group bought the luxury carmaker, the Sunday Times newspaper reported. ...  > full story

Obama picks point men for crisis fight back

WASHINGTON/LIMA, Nov. 23, 2008 (Reuters) — President-elect Barack Obama has picked two experienced policymakers, Timothy Geithner and Lawrence Summers, to spearhead the fight against the global financial crisis -- appointments which should bring some cheer to world markets ...  > full story

Obama taps Geithner, Summers for top economic jobs

WASHINGTON, Nov. 22, 2008 (Reuters) — U.S. President-elect Barack Obama has chosen seasoned policymakers Timothy Geithner and Lawrence Summers as his two top economic lieutenants to direct the fight to rescue the economy and stem the worst financial crisis in more than 70 years. ...  > full story

Science

Astronauts finish longest spacewalk outside station

HOUSTON, Nov. 22, 2008 (Reuters) — Two shuttle Endeavour astronauts finished the longest of their planned spacewalks outside the orbiting International Space Station on Saturday, a nearly seven-hour effort aimed at cleaning and repairing a contaminated joint on the station's solar power array. ...  > full story

Meteor lights up skies over Western Canada

CALGARY, Alberta, Nov. 21, 2008 (Reuters) — A massive ball of fire that lit up the skies over two Western Canadian provinces on Thursday evening was likely among the biggest meteor events to be witnessed in Canada this year, one expert said. ...  > full story

Spiders get their space legs

HOUSTON, Nov. 21, 2008 (Reuters) — Spiders flying as an educational project aboard the International Space Station seem to have gotten the hang of weightlessness. ...  > full story

Astronauts finish second spacewalk outside station

HOUSTON, Nov. 20, 2008 (Reuters) — Shuttle Endeavour astronauts working outside the orbiting International Space Station faced glitches during a second spacewalk on Thursday, as one astronaut experienced high carbon-dioxide levels after his crew mate lost a tool bag on the mission's first spacewalk. ...  > full story

Entertainment

Vatican forgives John Lennon for Jesus quip

VATICAN CITY, Nov. 22, 2008 (Reuters) — The Vatican's newspaper has finally forgiven John Lennon for declaring that the Beatles were more famous than Jesus Christ, calling the remark a "boast" by a young man grappling with sudden fame. ...  > full story

Actors union to seek strike authorization

LOS ANGELES, Nov. 22, 2008 (Reuters) — The main union representing U.S. film and television actors said on Saturday it would seek a strike authorization vote by members after federal mediation failed to break a logjam in labor talks with major Hollywood studios. ...  > full story

Two Broadway shows join growing list of casualties

NEW YORK, Nov. 22, 2008 (Reuters) — Two more Broadway shows fell by the wayside this week but the head of an industry trade association said it was part of natural selection in a tough business rather than the result of the economic crisis. ...  > full story

New Guns N' Roses album hits stores, a little late

LOS ANGELES, Nov. 22, 2008 (Reuters) — The day many rock fans never expected to see in their lifetimes is nigh. ...  > full story

Sports

Late salvo helps streaking Red Wings douse Flames

CALGARY, Nov. 23, 2008 (Reuters) — The Detroit Red Wings broke open a tight contest with three third period goals in a 5-2 victory over the Calgary Flames on Saturday as the Stanley Cup champions secured a fifth successive win. ...  > full story

Hatton beats Malignaggi with 11th round TKO

LAS VEGAS, Nov. 23, 2008 (Reuters) — Briton Ricky Hatton retained his IBO light-welterweight title on Saturday with an 11th round stoppage of American Paulie Malignaggi. ...  > full story

Thunder fire coach Carlesimo after abysmal start

NEW YORK, Nov. 23, 2008 (Reuters) — The Oklahoma City Thunder have fired coach P.J. Carlesimo after a league-worst 1-12 start, the team said Saturday. ...  > full story

Lebron leads streaking Cavaliers past Hawks

CHICAGO, Nov. 22, 2008 (Reuters) — The Cleveland Cavaliers rolled to their ninth win in 10 games on Saturday with a 110-96 victory over the visiting Atlanta Hawks. ...  > full story
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