World

US tax-evasion probe turns to Israeli banks

(Reuters) – The US pursuit of offshore tax evaders is widening to include Israel, where US authorities are scrutinizing three of Israel’s largest banks over suspicions their Swiss outposts helped American clients evade taxes, people briefed on the matter said.

Barack Obama

Electoral college switch could hurt Obama in 2012

WASHINGTON (Reuters) – Republicans in Pennsylvania are mounting a bid to end the political battleground state’s winner-take-all system for electoral votes, which could hurt President Barack Obama’s re-election chances in 2012.

Alfonso Portillo

Ex-Guatemala president fights extradition to US

NEW YORK (Reuters) – Lawyers for former Guatemalan President Alfonso Portillo pleaded with a US judge yesterday to block his extradition to the United States on money-laundering charges, saying he was improperly arrested in the Central American nation.

Tayyip  Erdogan

Turkish PM throws weight behind Arab cause

CAIRO, (Reuters) – Turkish Prime Minister Tayyip  Erdogan told Arab states yesterday it was time to raise the  Palestinian flag at the United Nations and accused Israel of  obstructing peace in the Middle East.

Guinea launches mining contract review

CONAKRY,  (Reuters) – Guinea will launch a nationwide  review of mining contracts to root out “unconscionable  provisions” granted by previous rulers, and has toned down  Chinese involvement in the resource sector, Mines Minister  Mohamed Lamine Fofana told Reuters.

Chirac, Villepin deny took millions in Africa cash

PARIS (Reuters) – Former French president Jacques Chirac and his prime minister Dominique de Villepin have denied  accusations by a one-time aide that they took millions of  dollars in illicit cash handouts from African leaders.

Obama sends jobs plan to Congress, eyes tax hikes

WASHINGTON (Reuters) – President Barack Obama sent his jobs bill to Congress yesterday and proposed paying for it by eliminating $467 billion in tax breaks for richer Americans and companies, meeting immediate resistance from Republicans.

UK to push through bank reforms

LONDON (Reuters) – Britain’s banks face some of the world’s toughest regulations under reforms outlined yesterday, which require them to insulate their retail lending activities and store up billions in extra capital at a cost of up to 7 billion pounds ($11 billion).

Kenyan police find 75 bodies in slum fire

NAIROBI (Reuters) – At least 75 bodies have been recovered after petrol that had spilled into an open sewer caught fire and sent a wave of flame through a densely populated slum in the Kenyan capital, police said yesterday.

Crime fears colour Guatemala’s presidential vote

GUATEMALA CITY,  (Reuters) – Guatemalans anxious for  relief from out-of-control crime voted for a new president yesterday with the leading candidates promising to crack down on  gangs and drug cartels terrorizing the country.

Bouzaid Dorda

At bay, captured Libyan spy chief defiant

TRIPOLI,  (Reuters) – Defiant and angry, captured  Libyan spy chief Bouzaid Dorda denied any wrongdoing when he was  presented to Reuters reporters yesterday by the former  insurgents who tracked him down in the capital Tripoli the  previous day.

Cliff Robertson

Oscar-winning US actor Cliff Robertson dies at 88

LOS ANGELES, (Reuters) – Actor Cliff Robertson, who  won an Oscar playing a mentally disabled janitor in “Charly”  and worked in movies ranging from “PT 109” to “Spider-Man 3,”  died in New York on Saturday, the day after his 88th birthday.

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