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World News
From The Financial Times
- US urges N Korea not to aggravate tensions
- The United States urged North Korea not to 'aggravate tensions' but did not confirm whether Pyongyang had launched a series of missiles
- Palin resigns as Alaska governor
- Sarah Palin abruptly resigned as governor of Alaska, saying she did not want to waste her time on 'political blood sport' and would hand power to her deputy later this month.
- Taliban step up attacks in Helmand valley
- Taliban insurgents stepped up attacks against US Marines in southern Afghanistan's Helmand River valley, forcing troops in some areas to spend the day fighting instead of carrying out plans to meet with residents and local leaders
- Heat rises as Russia awaits Obama
- Russia eyes opportunities created by the economic context and what it calls a crisis in US global leadership to show that Washington needs Moscow
- Unfreezing cold war attitudes
- Both Barack Obama and Vladimir Putin say they want to "press the reset button" in US-Russian relations but if this is truly to happen it will take more than an agreement to cut arms
- A test of legal logic for US civil rights
- Enforcement is now more pragmatic, less principled, and more corrosive to social ideas of fairness, writes Christopher Caldwell
- The tarnished state
- Underlining the calamity of the California's finances by issuing IOUs rather than cobbling together another short-term fix might turn out to be a good move, if it can be used to force genuine reform
- Man in the News: Arnold Schwarzenegger
- Mission to terminate debt: Californians are finding that their governor is as tough as he looks
- SEC blamed for failing to spot Madoff fraud
- Harvey Pitt, former US SEC head, says there are not enough economists at the regulator and that staff 'lack the sophistication and skillset' necessary to do their jobs effectively
- US and Russia square up over missile shield
- The US and Russia are digging in for a fight over plans for missile defence bases in eastern Europe before next week's summit between Barack Obama and Dmitry Medvedev
- Familiar tensions surface after early thaw
- Missile interceptors and former Soviet states' Nato hopes will cast a shadow over talks, write Edward Luce and Alexandra Ulme
- Temps suffer as US job cuts spread
- Buried deep in Thursday's data on the US labour market was one particularly deflating statistic. Temporary workers have suffered another month of heavy job cuts, after a brief hiatus in May
- Jobs data dash recovery hopes
- The US economy shed another 467,000 jobs last month, signalling aggressive government stimulus measures are failing to unshackle the labour force from the grips of the recession, official figures showed
- Schwarzenegger puts case for IOUs
- Arnold Schwarzenegger has made a personal overture to the heads of America's largest banks to persuade them to accept the thousands of IOUs being issued by California in lieu of cash
- Tough decisions on US state budget gaps
- Unlike the US federal government, states cannot up their borrowing to pay their bills and they faced a cumulative budget gap of $121bn this year
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