"President Barack Obama will warn Iran on Tuesday that the United States will 'do what we must' to prevent it from acquiring a nuclear weapon, and appeal to world leaders for a united front against further attacks on U.S. diplomatic missions in Muslim countries," Reuters reports this morning.
Update at 8:30 a.m. ET. According to excerpts released by the White House, the president will say:
Football fans are furious. Bettors are out an estimated $150 million. Gov. Scott Walker of Wisconsin — the Republican who's famous for battling with organized labor — is on the side of the referees union. And the NFL is in something of a "prevent defense," saying that nothing can be done to change the outcome.
International Monetary Fund Managing Director Christine Lagarde delivers remarks at the Peterson Institute for International Economics on Monday in Washington, D.C. Lagarde said there are a number of factors eroding growth.
Managing Director of the International Monetary Fund Christine Lagarde says recent actions by the European Central Bank mark a positive turning point in Europe's financial crisis. But she warned that uncertainty elsewhere will continue to slow the pace of the global recovery.
Back in July, the IMF was forecasting world growth of just under 4 percent for next year. The group's economists will issue a new forecast in a couple of weeks. Lagarde said the new projection still foresees a gradual recovery, but it will shave a few tenths of a percent off global growth.
Originally published on Tue September 25, 2012 5:03 am
Campaign politics shadowing every word, President Barack Obama will step before the world and declare that anti-American rage and riots among Muslims abroad will never force the United States to backtrack on diplomacy.
In his final international address before the November election, Obama on Tuesday has a United Nations stage afforded to presidents, not presidential challengers. He will use it to try to boost his political standing without mentioning his opponent.
It's not so much what Mitt Romney said about whether the government should guarantee people health care in his interview on CBS's 60 Minutes Sunday that has health care policy types buzzing. It's how that compares to what he has said before.
To back up a bit, Scott Pelley asked the former Massachusetts governor if he thinks "the government has a responsibility to provide health care to the 50 million Americans who don't have it today?"
The trading pits at the Chicago Board of Trade and the Mercantile Exchange have long been potent symbols of American capitalism. And they used to be as rough and tumble as the city itself, where burly men bought and sold commodities like hogs, cattle, corn and soybeans.
Trading volume has gone up considerably in recent years, but Chicago's trading pits are tamer places today — the result of a revolution futures trading has undergone over the past quarter century. Much of the trading has left the pits and gone electronic.
From breakfast to bedtime, college sophomore Julia-Scott Dawson and her mother, Robin Dawson, exchange a flurry of texts that include I love you's, inside jokes and casual chitchat.
"We talk every day," Dawson says.
"Every day," echoes her mother.
Julia-Scott Dawson is a sophomore at the University of North Carolina, which is just a 15-minute drive from where her parents live. Every week, she shares a Sunday meal with her family and grabs morning coffee with her parents when they can.
"I just love the time I spend with them," Dawson says.
China has welcomed U.S. business expertise for many years as its economy has advanced rapidly. Jim Rogers, a prominent U.S. investor, is shown here in China at the 2nd Hunan Finance Expo in 2011. However, the Chinese are becoming more confident in their own business skills and more critical of American practices in recent years, according to U.S. business executives working in China.
Sara Terry's first clue that something was wrong with her son, Christian, came just three weeks after he was born.
"We went to check on him, just like any parents go and check on their kids just to make sure they're breathing," says Terry, 34, of Spring, Texas. "And we found him in his crib, and he wasn't breathing. He was blue."
She and her husband were horrified. They rushed Christian to the hospital and learned he had several medical problems.
Denver Broncos Coach John Fox yells at field judge Jimmy Buchanan during the Broncos' game against Atlanta Monday. Referring to the game, the NFL insisted that players and coaches give replacement referees, and the game, more respect.
Originally published on Mon September 24, 2012 4:00 pm
It's taken as a given that American voters in 2012 aren't as concerned about foreign policy as they are the domestic economy.
It's also accepted as true that on matters of foreign policy, President Obama has an advantage over his Republican challenger, former Massachusetts Gov. Mitt Romney, who lacks significant firsthand foreign policy experience.
But Romney has made it a point lately to show that he's not ceding foreign policy and national security to Obama.
Researchers say that springtime snow is melting in the Arctic even faster than Arctic ice. That means less sunlight is reflected off the surface. Bare land absorbs more solar energy, which can contribute to rising temperatures on Earth. Above, a musher races along the Iditarod in the Alaskan tundra in 2007.
Credit Terry Chapin / AP
This 2005 photo, released by the University of Alaska, Fairbanks, shows how snow-covered Alaskan tundra reflects more light than melted areas. Melting snows means the land can absorb and store more heat and solar energy.
Arctic sea ice is in sharp decline this year: Last week, scientists announced that it hit the lowest point ever measured, shattering the previous record.
But it turns out that's not the most dramatic change in the Arctic. A study by Canadian researchers finds that springtime snow is melting away even faster than Arctic ice. That also has profound implications for the Earth's climate.