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Thursday, October 3, 2013

Banks stock up on cash over default fears

Banks stock up on cash over default fears


Banks stock up on cash over default fears

Posted: 03 Oct 2013 11:14 AM PDT

An unprecedented default could see credit markets freeze, the value of the dollar plummet and interest rates rocket, a report has warned

Boehner’s future lies in the balance

Posted: 03 Oct 2013 11:55 AM PDT

Speaker, seen as the victim of a band of unruly Tea Party legislators, faces being removed if he tries to force through 'clean' budget bill

Shots fired near US Capitol building

Posted: 03 Oct 2013 12:15 PM PDT

Congress was in lockdown following reports of multiple gunshots near the US Capitol building

Scores die as migrant boat sinks off Italy

Posted: 03 Oct 2013 11:03 AM PDT

Overcrowded vessel believed to be carrying Eritreans and Somalis from Libya catches fire and sinks about half a mile from the island of Lampedusa

Qatar building boom raises labour concerns

Posted: 03 Oct 2013 09:06 AM PDT

Contractors criticised in $205bn World Cup infrastructure drive, with rights groups saying 'vested interests' insure poor working conditions on the sites

France delivers postal blow to Amazon

Posted: 03 Oct 2013 09:15 AM PDT

New law bans internet booksellers from offering free delivery in the latest move by France against the market power of big online retailers

Berlin urged to form coalition quickly

Posted: 03 Oct 2013 10:48 AM PDT

Key European issues need German government input, Wolfgang Schäuble, the German finance minister, told Bild am Sonntag

Islamist rebels appeal to Syrian al-Qaeda

Posted: 03 Oct 2013 10:04 AM PDT

Appeal reflects gradual emergence of new, Salafist-leaning middle ground within disparate ranks of armed opposition fighting Syrian army

Egypt’s students keep coup protests alive

Posted: 03 Oct 2013 06:41 AM PDT

Morsi supporters and opponents of interim government have launched a campaign of small, regular demonstrations in campuses and public spaces

Military review exposes US-S Korea tensions

Posted: 03 Oct 2013 06:25 AM PDT

US defence secretary Chuck Hagel agrees to reassess plan to transfer operational control for joint forces in South Korea to Seoul in 2015

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