Israel is planning its biggest construction surge in east Jerusalem in decades in a move that critics argue would cement its grip on the contested territory, further complicate any prospects for peace with the Palestinians, and badly rattle Israel's already rocky relations with the rest of the world.
With more than 9,000 apartments in various stages of planning and construction, Prime Minister Benjamin...
Egypt's Mubarak moved to army hospital on health concerns
Labels: WorldHosni Mubarak, the Egyptian strongman ousted last year after 30 years in power, was moved to an army hospital from a prison hospital on Thursday following a fall that raised fresh concerns about his fragile health.
Mubarak, 84, was forced out in a 2011 uprising and sentenced to life in prison in June of this year for his role in killing protesters during the revolt. He was admitted to a prison hospital...
Secret UK files lift lid on Thatcher-Reagan Falklands contacts
Labels: World Britain's former Prime Minister Margaret Thatcher wrote an emotional letter to U.S. President Ronald Reagan during the 1982 Falklands War calling him the "only person" who could understand her position, formerly secret documents showed on Friday.
Newly declassified files from 1982 lift the lid on contacts between the two leaders over the crisis and reveal the extent of the pressure Thatcher felt...
Japan voters back new PM cabinet, economy top priority
Labels: WorldMore than half of Japanese voters support new Prime Minister Shinzo Abe's cabinet, media surveys published on Friday showed, with the country's stagnant economy topping the list of problems voters want the hawkish new leader to tackle.
Abe took office on Wednesday, after his conservative Liberal Democratic Party's (LDP) landslide election victory this month, promising to revive the world's third-biggest...
Thatcher papers: 'worst moment' of her life
Labels: WorldShe called it, simply, the worst moment of her life.
It came in March 1982 during the days before the Falklands War, after Argentina established an unauthorized presence on Britain's South Georgia island amid talk of a possible invasion of the Falklands, long held by Britain.
Prime Minister Margaret Thatcher realized there was little that Britain could do immediately to establish firm control of the...
Dec
26
White House defends offer as 'good faith effort'
Labels: Business The White House is defending President Barack Obama's proposal to set a higher threshold for tax increases than what he vowed to do during his presidential campaign. The White House says Obama has moved halfway to meet House Speaker John Boehner on a "fiscal cliff" deal that raises $1.2 trillion in tax revenue, down from the $1.6 trillion Obama had initially requested.White House spokesman Jay...
Factbox: U.S. House "Plan B" tax bill likely to have short shelf life
Labels: BusinessThe U.S. House of Representatives is likely to vote this week on what is being called "Plan B" on avoiding the "fiscal cliff."The Republican-sponsored legislation aims to extend current low tax rates for most families. Without such action by Congress, across-the-board income tax rates will rise on January 1.The combination of $500 billion in tax hikes and $100 billion in spending cuts, which are scheduled...
U.S. charges three Swiss bankers in offshore account case
Labels: Business Three Swiss bankers accused of conspiring with American clients to hide more than $420 million from the tax-collecting U.S. Internal Revenue Service were indicted, the U.S. Attorney's Office in Manhattan said on Wednesday.The indictment named Stephan Fellmann, Otto Huppi and Christof Reist, all former client advisers with an unnamed Swiss bank. None of the bankers have been arrested, authorities...
"Fiscal cliff" turmoil could hit 100 million taxpayers: U.S. IRS
Labels: BusinessWASHINGTON (Reuters) - U.S. tax authorities warned on Wednesday that as many as 100 million taxpayers - far more than previously estimated - could face refund delays if lawmakers' "fiscal cliff" negotiations fail to fix the alternative minimum tax (AMT) before year-end.The Internal Revenue Service said in a letter to lawmakers that it was raising its estimate on AMT impact from 60 million."It is becoming...
What's on the table now in 'fiscal cliff' talks
Labels: BusinessAn update on the latest offers on the table in negotiations to avert a year-end avalanche of federal tax increases and spending cuts known as the "fiscal cliff":___INCOME TAXESHouse Speaker John Boehner would allow income tax rates to rise for people making more than $1 million per year and would hold rates where they are for everyone making less. The top rate on income exceeding $1 million would...
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