Panetta warns bigger defense cuts would weaken U S security
Defense Secretary Panetta and Secretary Clinton, in a joint interview at National Defense University, warn that larger defense and diplomacy cuts would severely threaten U S national security. They cite Afghanistan and Libya operations to argue for preserving military strength amid deficit talks and a bipartisan panel deadline.
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Leon Panetta
Hillary Rodham Clinton
Panetta
Afghanistan
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School of Media and Public Affairs
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Clinton launches $20 million Haiti loan program for Caribbean Craft
Former president Bill Clinton announced a new Haiti loan program worth 20 million dollars to revive the economy after the January earthquake. The first loan of 415000 dollars to Caribbean Craft will support export crafts and positions, with returns financing further lending and jobs for about 200 workers at the Port-au-Prince workshop.
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U.S
Bill Clinton
Haiti
Clinton
Port-au- Prince
Market slides show Dow, Nasdaq and S&P in red
Tuesday trading sees the Dow Jones fall 16.97 points to 11,405.93 while the Nasdaq slips 3175 to 2,523.45 and the S&P 500 declines 11.73 to 1,192.76. Commodity moves include corn up 0.75 to 7.28, soybeans at 13.50, wheat 8.18, oil down 1.23 to 86.65.
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Kansas City
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European leaders urge eurozone unity amid debt crisis
France and Germany called for disciplined budgeting and a new eurozone economic government while delaying immediate measures. Merkel and Sarkozy backed balanced budgets, EU tax on financial transactions, and corporate tax harmonization, amid growth concerns and limited ECB action.
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Angela Merkel
Nicolas Sarkozy
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Doubts Rise Over Murdoch Denials in Phone Hacking Scandal
Fresh testimony from former News International executives and lawyers undercuts Rupert and James Murdoch claims. They challenge their former bosses’ depiction of events, saying key facts were known and that the email suggesting wider eavesdropping was flagged. Harbottle & Lewis defends its limited review stance amid parliament scrutiny.
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Rupert
James Murdoch
Britain
U.K
Murdoch
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News International
Jonathan Chapman
House of Commons
James
Tom Crone
Crone
Rupert Murdoch
Harbottle & Lewis
News of the World
Goodman
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