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No debt ceiling deal in sight

By Charles Riley @CNNMoney July 16, 2011: 7:40 AM ET NEW YORK (CNNMoney) — Just two weeks and a couple days. That’s how long Congress has to raise the debt ceiling, or risk economic catastrophe. The deadline has been a long time coming. Treasury started sending letters to lawmakers in January urging them to raise the $14.3 trillion debt ceiling ...

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UK govt defends Murdoch ties as scandal spirals

LONDON – Britain’s Conservative-led government denied Saturday that it was too close to Rupert Murdoch’s scandal-hit media empire, as the mogul apologized for phone hacking by one of his tabloids in full-page newspaper ads across the country. Government records show that Prime Minister David Cameron had scores of meetings with media executives in the past year, including more than 20 ...

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U.S. recognizes Libyan rebels’ authority

Istanbul (CNN) — The United States now recognizes the main opposition group in Libya “as the legitimate governing authority” in a country that Moammar Gadhafi has long ruled with an iron first, Secretary of State Hillary Clinton said Friday. U.S. recognition of the Transitional National Council is a major diplomatic policy shift that could give the rebels access to Libyan ...

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Rebekah Brooks resigns over UK phone-hacking scandal

Phone hacking scandal forces resignation London (CNN) — Rebekah Brooks, former News of the World editor and chief executive of News International, has resigned in the wake of the phone hacking scandal, News International said Friday. Brooks, who was editor at the time of some of the most serious allegations against the newspaper, has been under pressure to step down ...

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Sovereignty revisited as interventions grow

The Arab Spring (and its troublesome aftermath in Egypt); intervention in Libya; nonintervention in Syria; drone military operations in Pakistan, Yemen, Somalia; the influx of unwanted immigrants and walls of exclusion; and selective applications of international criminal law – all draw into question the most basic of all ideas of world order: the sovereignty of territorial states, and limits to that sovereignty. ...

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India’s unsolved bombings

New Delhi – A series of bombings. No claim of responsibility. No prime suspects. Wednesday’s explosions in India’s financial capital Mumbai ticked a wearily familiar list of boxes in a country which is no stranger to bombings that go unclaimed and lack any transparent motive. Briefing reporters on Thursday about the investigation, Home Minister P Chidambaram cast the net of ...

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Central Indonesian volcano erupts; residents flee

Tomohon (Indonesia) Jul 15, (AP): Friday, July 15, 2011 –> A volcano in central Indonesia spit lava and smoke high into the air early today, sending thousands of panicked residents racing down its fiery slopes. One woman died of a heart attack as she fled, but no other casualties were reported. Mount Lokon, located in northern Sulawesi…

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Pentagon hit by huge cyber theft

A top Pentagon official has admitted that a massive amount of data related to new defence technologies were stolen earlier this year. “It was 24,000 files, which is a lot, but I don’t think it’s the largest we’ve seen,” William Lynn, the US deputy defence secretary, said on Thursday. Lynn revealed the theft as he…

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