By Graham Bowey, New York Times Business, June 7/8, 2011,
....As young, fast-growing companies are forced to look overseas for public status and investors, executives and analysts fear that they may increasingly shift their geographic focus — and as a result any jobs they create will be abroad.
By Peter A. Diamond, Guest Op-Ed, New York Times, June 5/6, 2011
LAST October, I won the Nobel Prize in economics for my work on unemployment and the labor market. But I am unqualified to serve on the board of the Federal Reserve — at least according to the Republican senators who have blocked my nomination. How can this be?
By Eric Wasson, On the Money blog @ The Hill, June 5, 2011
Freshmen House Republicans are sticking to their guns on the need for immediate spending cuts in light of Friday’s dismal jobs report.
First-term members interviewed by The Hill said the jobs report released Friday — which showed unemployment rising to 9.1 percent — is all the proof anyone should need that government spending doesn’t stimulate the economy....
CAIRO — A poll released Sunday indicates that at this point, only a small minority of Egyptians support the powerful Muslim Brotherhood, and less than 1 percent favor an Iran-style Islamic theocracy. The Gallup poll conducted after the fall of President Hosni Mubarak found that while 69 percent of Egyptians want religious leaders to have an “advisory role” in new legislation, most do not want a government based in religion.
Hamas on Sunday said it would keep the Palestinian side of the Rafah Crossing between the Gaza Strip and Egypt closed until the Egyptian government allows more Palestinians to cross the border each day and relax certain visa requirements.
The decision came a day after Palestinians traveling to Egypt stormed a gate at the border crossing after waiting for hours in buses as Egyptians temporarily closed the vehicle crossing for repairs.
By Conal Urquhart in Jerusalem, Guardian.co.uk, June 3, 2011
The former head of Israel's spy service has launched an unprecedented attack on the country's current government, describing it as "irresponsible and reckless", and has praised Arab attempts to reach an Israeli-Palestinian peace agreement.
By Katharine Q. Seelye, New York Times, June4/5, 2011
Rachel "Bunny" Mellon, the 100-year-old widow of philanthropist Paul Mellon and one of the richest women in America, is caught in the scandal surrounding John Edwards.
ISLAMABAD, June 4 (Xinhua) -- Ilyas Kashmiri, one of five most wanted terrorist leaders by the United States, was confirmed killed in a U.S. drone strike late Friday night in Pakistan's northwest tribal area of South Waziristan, local Urdu TV channel Geo reported on Saturday.
In a letter faxed to local media by the spokesman of Harkat-ul- Jihad al-Islam, a terrorist group affiliated to al-Quaida and led by Ilyas Kashmiri, the spokesman named Abc Hanzila confirmed the death of Ilyas Kashmiri....
LIMA, Peru (AP) — Smears, insults and dirty tricks are nothing new in Peruvian politics, but the mudslinging is especially virulent ahead of Sunday's closely contested presidential runoff.
British intelligence has hacked into an al-Qaeda online magazine and replaced bomb-making instructions with a recipe for cupcakes. The magazine is produced by the radical preacher Anwar al-Awlaki.
By Edward Wyatt and Ben Protess, New York Times, June 1/2, 2011
...as banking regulators are rewriting the rules for the mortgage market, unusual alliances have sprung up in opposition to tighter lending standards. Advocacy groups like the N.A.A.C.P. and the National Council of La Raza, a Latino civil rights organization, on the one hand, and the American Bankers Association on the other, are joining together to fight rules they say could make home loans less affordable for minority and working-class Americans.
.By Lester R. Brown, New York Times Guest Op-Ed, June 1/2, 2011
...As global food prices rise and exporters reduce shipments of commodities, countries that rely on imported grain are panicking. Affluent countries like Saudi Arabia, South Korea, China and India have descended on fertile plains across the African continent, acquiring huge tracts of land to produce wheat, rice and corn for consumption back home.
By Stephanie Condon, Political Hotsheet @ CBS News, June 1, 2011
House Republicans are interested in admonishing the Obama administration for its handling of military operations in Libya -- but they're not interested in going so far as stopping U.S. participation in the war.
Republican leadership today postponed consideration of a resolution from liberal Democratic Rep. Dennis Kucinich of Ohio, which would require President Obama to remove armed forces from Libya.
