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Lawrence Journal World in Lawrence, Kansas

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Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Apr 07, 2011

Page

7

Obama says progress but no deal to avert government shutdown

In Washington DC President Obama voiced optimism that a shutdown could be avoided if talks with House Republicans continue through the night. Despite narrowing differences he warned urgency is needed and Boehner reported productive talks with no agreement on numbers or policy.

Washington Barack Obama White House Obama House Republicans House John Boehner Boehner Pentagon U.S. Congress Senate Iraq Afghanistan Libya IRS National Parks Smithsonian Institution National Mall Capitol NASA Bob Jacobs Atlantis Space Reid

Portugal seeks eurozone bailout to avert debt crisis

Portugal asked for international financial aid on Wednesday joining Greece and Ireland as the third eurozone country to seek outside help. Prime Minister Jose Socrates announced the caretaker government would pursue funding to stabilize the economy and financial system, with analysts estimating a potential need of up to 114 billion dollars. Banks across Europe face rising risk as Portugal pays unsustainable rates to attract investors, threatening the eurozone if Spain and others require rescue.

Portugal Greece Ireland Jose Socrates Socrates Europe Spain Germany

Markets Trim Losses as Dow Hits 12,426.15

U S stock indices edged higher with the Dow up 32.85 to 12,426.15 on Wednesday while the Nasdaq gained 8.63 to 2,199.82 and the S&P 500 rose 2.91 to 1,335.54. Treasury yields held at 4.58 percent for the 30 year. In commodities, Corn fell 3.75 cents to 7.63, Soybeans rose 3.25 cents to 13.77, Wheat slipped 10.5 cents to 9.40, and Oil gained 49 cents to 108.83.

Dow Industrials S&p Chicago Kansas City New York

Rising oil prices threaten U.S. economy and consumer budgets

Rising oil prices push gasoline above 3.60 a gallon as unrest in the Middle East and higher demand squeeze airlines, shipping, and households. Economists cut growth forecasts while consumers report hardship and cutbacks in spending, driving, and vacations.

Washington U.S Aaas Libya Middle East Mark Zandi Moody’s Analytics Saudi Arabia Canada James Hamilton University of California San Diego Associated Press-Gfk Curt Lindsay Washington, D.C

House panel OKs 2012 GOP budget amid partisan split

The Republican led House Budget Committee narrowly approved a $3.5 trillion 2012 budget. It aims to curb spending and shift medical costs to future retirees, reform Medicare and Medicaid, and lower top tax rates. Democrats condemn the plan as harmful to retirees and the poor while noting it lacks Senate approval. The measure advances to the full House as a campaign issue.

Washington House Budget Committee Paul Ryan GOP Ryan Chris van Hollen Maryland van Hollen Senate

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Lindsay Matt Tait Oks Hite WWW Hitecollision.com The University of Kansas School of Music Center For Russian, East European and Eurasian Studies Department of Slavic Languages and Literatures Tavivendtey Organ Competition Bales Tariverdiev International Organ Competition Bales Organ Organ.ku.edu
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