London attacker was British-born, of Nigerian descent
LONDON - British authorities have established that one and possibly both of the men who hacked a soldier to death on a London street was born in Britain of Nigerian descent. Full Article
Global shares sink, following 7.3 percent drop in Japan's Nikkei
LONDON - Share markets fell sharply on Thursday as investors piled back into safer assets, unnerved by the twin setbacks of unexpected weakness in China's economy and signals that the U.S. central bank may soon scale back its stimulus program.
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Poor planning left Texas firefighters unprepared
WEST, Texas - The fertilizer-plant explosion that killed 14 and injured about 200 others in Texas last month highlights the failings of a U.S. federal law intended to save lives during chemical accidents, a Reuters investigation has found. Full Article | Related Story
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China urbanization plan hits spending roadblock
BEIJING - China's plan to spend $6.5 trillion on urbanization to bolster the economy is running into snags, sources close to the government said, as top leaders fear another spending binge could push up local debt levels and inflate a property bubble. Full Article
U.S. admits four Americans killed by drones
WASHINGTON - The U.S. government formally acknowledged for the first time on Wednesday that it had killed four Americans, including militant cleric Anwar al-Awlaki, who died in drone strikes in Yemen and Pakistan. Full Article
Lying to Congress is hard to prove
WASHINGTON, D.C. - Whatever political problems Lois Lerner may have escalated for the Obama administration in the IRS scandal, neither she nor any other official is likely to face criminal charges related to congressional testimony. Full Article
Crackdown on Islamists tests Tunisia's stability
TUNIS - For the first time since the Arab Spring uprisings of 2011, relations between mainstream Islamists in Tunisia's government and radical Salafist Muslim activists have reached a breaking point and risk spreading violence to neighboring Algeria. Full Article
Barred candidate calls Iranian leaders ignorant
DUBAI - Former president Akbar Hashemi Rafsanjani accused Iran's leadership of incompetence and ignorance just days after he was barred from standing in an election next month. Full Article
Pfizer takes a shot at evasive superbug vaccine
CHICAGO - A microbiologist with at least two breakthrough vaccines to her name is turning her attention to taming the superbug MRSA, a drug-resistant bacterium that she has seen ravage a healthy man up close and personally. Full Article
Reuters Breakingviews: Japan joins global risk parade
May 23 - The Nikkei’s 7 percent drop is an overdue correction, says Breakingviews, but the sell off is down to U.S. and China concerns. Being a safe haven has its drawbacks.
Latest Headlines
Civil wars and Syria: lessons from history
Removing Assad would no more end the Syrian conflict than overthrowing Saddam Hussein in 2003 brought stability to Iraq. The U.S. must create a more integrated overall strategy, argue Michael O'Hanlon and Sean Zeigler. Commentary
Prosperity without power
Across the BRIC nations, frustrated members of the middle class are demanding change, but traditional power holders from Russia’s Vladimir Putin to India’s large political parties remain entrenched. Commentary
Apple, hypocrisy and stakeholder tax
Politicians are hypocrites when they complain about the cross-border tax strategies of Apple and other multinationals. But "hypocrisy is the tribute vice pays to virtue." It’s high time that companies admit taxes on profit are fair payments for the help that governments give them. Commentary
How much does Jamie Dimon matter?
To his supporters, he’s the personification of everything that’s best about the financial system. But to detractors, he’s the personification of all that’s wrong with modern banking — the arrogance, the resistance to new regulation, the astronomical pay in the face of obvious mistakes. Commentary
What Hollande can learn from Queen of Hearts
So far there has been little to show for his economic policies. Some actions have backfired and others have not gone far enough. Commentary
U.S. power: Down but still unrivaled
Beijing does not threaten to counterbalance U.S. power as gravely as America’s economy threatens to become imbalanced on its own. Commentary
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The secret to Lenovo's success
The plain-vanilla personal computer industry may be hurting, but Lenovo is raking in the cash. Here's how. Video
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