Pakistan protests may force U S to fly war cargo
U S officials warn that ongoing anti American protests at Pakistan land routes could force costly airlift of hundreds of military shipments from Afghanistan. About 100 trucks wait at the border while Pakistan seeks a peaceful settlement, with air transport estimated at six to seven times trucking costs.
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Pakistan
U.S
Washington
Afghanistan
Defense
Chuck Hagel
NATO
Torkham
Karachi
Middle East
Uzbekistan
Russia
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Bernanke signals gradual taper and steady low rates
In his final briefing as Fed chair, Ben Bernanke outlined a $10 billion taper to monthly bond purchases to $75 billion while pushing back any rate rise until unemployment nears 6.5 percent, a move aimed at keeping rates near zero well past that point and soothing investors who feared a crash from policy shifts. Investors cheered, sending the Dow up nearly 300 points, as the central bank signaled a long period of easy money despite some concerns about asset bubbles.
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Washington
Ben Bernanke
Federal Reserve
Fed
Bernanke
Ors
Budget deal offers cautious path for 2014 Washington
President signs a two year budget pact as Congress aims to prevent a new shutdown and ease sequestration effects. The deal, crafted by Paul Ryan and Patty Murray, signals limited bipartisanship amid persistent gridlock with immigration, debt limits, and tax reform likely to surface next year.
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Washington
White House
Congress
Barack Obama
Obama
Jay Carney
Senate
House
Pentagon
Paul Ryan
Wisconsin
Patty Murray
Washington State
Brendan Buck
John Boehner
Ohio
Gove
Buck
Ryan
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