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Somali pirate families ask for U.S. pardon
22 Apr 2009 source: today.reuters.co.uk

By Abdiqani Hassan GALKAYO, Somalia (Reuters) - The mother of a teenager facing trial in the United States for piracy off Somalia wants President Barack Obama to pardon her son because he was misled into joining a sea gang. Abduwali Abdukhadir Muse was captured by U.S. forces when they rescued an American sea captain being held hostage by pirates. Three of Muse's comrades were killed ...


Banks to get stress test results Friday: report
22 Apr 2009 source: today.reuters.co.uk

(Reuters) - U.S. banks will be briefed by regulators as early as Friday on how they performed in government "stress tests," before the results are made public later, The Wall Street Journal reported, citing government officials. Some estimates of likely losses that were used in the stress tests were tougher than expected, the newspaper said. "Under a more adverse scenario, which assu ...


Clinton sets conditions on Palestinian government with Hamas
22 Apr 2009 source: today.reuters.co.uk

WASHINGTON (Reuters) - U.S. Secretary of State Hillary Clinton said on Wednesday the United States would not deal with or fund a Palestinian government that includes Hamas unless the Palestinians meet three international conditions. "We will not deal with nor in any way fund a Palestinian government that includes Hamas unless and until Hamas has renounced violence, recognized Israel and agr ...


Sri Lankan war in endgame, 100,000 escape rebel zone
22 Apr 2009 source: today.reuters.co.uk

By C. Bryson Hull and Ranga Sirilal COLOMBO (Reuters) - Thousands more civilians surged out of Sri Lanka's war zone on Wednesday, while soldiers and Tamil Tiger rebels fought the apparent endgame of Asia's longest-running war despite calls to protect those still trapped. In the third day since troops blasted through a massive earthen wall built by the Liberation Tigers of Tamil Eelam ...


U.S. recession showing signs of moderating: IMF
22 Apr 2009 source: today.reuters.co.uk

WASHINGTON (Reuters) - The U.S. economy is starting to show signs of shrinking more slowly but positive growth is not expected until sometime next year, the International Monetary Fund said on Wednesday. "There has been some improvement in business confidence, some signs of bottoming out in housing market, but these are early days and we should not expect a return to growth any time soon,"  ...


Geithner acknowledges U.S. fault in crisis
22 Apr 2009 source: today.reuters.co.uk

By Glenn Somerville and Corbett Daly WASHINGTON (Reuters) - The United States carries a "substantial" share of blame for the current economic crisis but the world must work together to ease the strains, Treasury Secretary Timothy Geithner said on Wednesday. Speaking to the Economic Club of Washington, Geithner said that in the face of the worst financial conditions in decades, it is  ...


Freddie Mac acting CFO found dead in apparent suicide
22 Apr 2009 source: today.reuters.co.uk

By Patrick Rucker WASHINGTON (Reuters) - David Kellermann, acting chief financial officer of mortgage giant Freddie Mac, was found dead on Wednesday in his suburban Virginia home after apparently committing suicide, a local police source said. Police officials in Fairfax County would not confirm the death was a suicide but said police were called at 4:48 a.m. EDT to his home in the l ...


South Africans vote in toughest test for ANC
22 Apr 2009 source: today.reuters.co.uk

By Phumza Macanda JOHANNESBURG (Reuters) - South Africans voted on Wednesday in an election that poses the toughest challenge to the African National Congress since the end of apartheid and could weaken its overwhelming dominance in parliament. The ANC looks assured a fourth straight win since defeating white minority rule in 1994 under Nelson Mandela and will make its leader Jacob Z ...


U.S. credit card bill tests Democrats' political will
22 Apr 2009 source: today.reuters.co.uk

By John Poirier WASHINGTON (Reuters) - A Congressional panel is expected to approve legislation on Wednesday that would curb high credit card fees and penalties assessed by many banks that have benefited from the federal government's financial bailout program. The pro-consumer bill, which would mean sweeping changes for banks that issue cards, is an important test of the political wi ...


Ebdon beaten by Bond at Crucible
22 Apr 2009 source: bbc.co.uk

Former world champion Peter Ebdon suffered a first-round defeat to 1995 finalist Nigel Bond at the Crucible. Ebdon, the world number nine, was beaten 10-5 by his fellow Englishman. China's Ding Junhui beat compatriot Liang Wenbo 10-8, while Joe Perry became the first seed to fall, going down 10-6 to qualifier Jamie Cope. Australia's Neil Robertson leads Steve Davis 7-2 after the opening session of their match, while Shaun Murphy leads qualifier Andrew Higginson 5-4. In the game ...


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