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President Barack Obama gestures during a news conference in the East Room of the White House in Washington, Wednesday, June 29, 2011. (AP Photo/Charles Dharapak)

In a blunt challenge to Republicans in Congress, President Barack Obama insisted Wednesday that eliminating selected tax breaks for oil companies and the super-wealthy must be part of any deficit reduction plan. More »Raise taxes on wealthiest, Obama challenges GOP

An injured demonstrator is carried to safety during clashes with riot police in Athens' Syntagma square

ATHENS (Reuters) - Greece's parliament approved deeply unpopular austerity measures despite … More »Greek lawmakers endorse austerity despite violence

Smoke and flames light up the night from a blaze at the Intercontinental hotel after a Taliban attack in Kabul

Exclusive: Taliban commanders detail their tactics to Sami Yousafzai and Ron Moreau and … More »Exclusive: Inside the Afghan hotel attack

  • FILE - In this Jan. 25, 2009 file photo, a Bank of America branch office is shown in New York. The Bank of America said Tuesday, June 29, 2011 it will pay $8.5 billion to settle with investors over housing crash claims. (AP Photo/Mark Lennihan, file)
    Bank of America in $8.5B mortgage settlement AP - Wed, Jun 29, 2011

    Bank of America and its Countrywide unit will pay $8.5 billion to settle claims that the lenders sold poor-quality mortgage-backed securities that went sour when the … More »Bank of America in $8.5B mortgage settlement

    FILE - In this Jan. 25, 2009 file photo, a Bank of America branch office is shown in New York. The Bank of America said Tuesday, June 29, 2011 it will pay $8.5 billion to settle with investors over housing crash claims. (AP Photo/Mark Lennihan, file)

    Bank of America and its Countrywide unit will pay $8.5 billion to settle claims that the lenders sold poor-quality mortgage-backed securities that went sour when the housing market collapsed.

  • Smoke from the Las Conchas fire fills the sky near the Los Alamos Laboratory in Los Alamos, N.M., Tuesday, June 28, 2011. A vicious wildfire spread through the mountains above a northern New Mexico town on Tuesday, driving thousands of people from their homes as officials at the government nuclear laboratory tried to dispel concerns about the safety of sensitive materials. (AP Photo/Jae C. Hong)
    Towns near NM fire, nuclear lab wary of smoke AP - 45 mins ago

    Residents downwind of a wildfire that is threatening the nation's premier nuclear-weapons laboratory are worried about the potential of a radioactive smoke plume if the … More »Towns near NM fire, nuclear lab wary of smoke

    Smoke from the Las Conchas fire fills the sky near the Los Alamos Laboratory in Los Alamos, N.M., Tuesday, June 28, 2011. A vicious wildfire spread through the mountains above a northern New Mexico town on Tuesday, driving thousands of people from their homes as officials at the government nuclear laboratory tried to dispel concerns about the safety of sensitive materials. (AP Photo/Jae C. Hong)

    Residents downwind of a wildfire that is threatening the nation's premier nuclear-weapons laboratory are worried about the potential of a radioactive smoke plume if the flames reach thousands of barrels of waste stored in above-ground tents.

  • Omar Bin Laden, son of Osama Bin Laden, talks during an interview with Reuters in a Cairo suburb
    Bin Laden son seeks to free family in Pakistan Reuters - 2 hrs 3 mins ago

    DOHA (Reuters) - A son of Osama bin Laden said he is working with the United Nations to obtain his family's release from Pakistan after the U.S. raid that killed the … More »Bin Laden son seeks to free family in Pakistan

    Omar Bin Laden, son of Osama Bin Laden, talks during an interview with Reuters in a Cairo suburb

    DOHA (Reuters) - A son of Osama bin Laden said he is working with the United Nations to obtain his family's release from Pakistan after the U.S. raid that killed the former al Qaeda leader in May.

  • Demonstrators are seen through the haze of tear gas during clashes with the Egyptian security close to the interior ministry in Cairo, Egypt, early Wednesday, June 29, 2011. Egyptian security forces and protesters are clashing for a second successive day in central Cairo in scenes not seen since the uprising that toppled Hosni Mubarak earlier this year.  (AP Photo/Khalil Hamra)
    Official: More than 1,000 hurt in Egypt clashes AP - 2 hrs 9 mins ago

    A senior official says more than 1,000 people have been hurt in two days of clashes between police and protesters over demands that the country's military rulers speed … More »Official: More than 1,000 hurt in Egypt clashes

    Demonstrators are seen through the haze of tear gas during clashes with the Egyptian security close to the interior ministry in Cairo, Egypt, early Wednesday, June 29, 2011. Egyptian security forces and protesters are clashing for a second successive day in central Cairo in scenes not seen since the uprising that toppled Hosni Mubarak earlier this year.  (AP Photo/Khalil Hamra)

    A senior official says more than 1,000 people have been hurt in two days of clashes between police and protesters over demands that the country's military rulers speed up the prosecution of police officers accused of killing protesters early this year.

  • In this photo released by the semi-official Iranian Students News Agency (ISNA), Iranian revolutionary Guards personnel look on prior to the launch of a Shahab-1 missile, during military maneuvers outside the city of Qom, Iran, Tuesday, June 28, 2011. A senior Iranian Revolutionary Guard commander claimed on Tuesday that his country has the ability to produce even longer range missiles than those currently in its arsenal. (AP Photo/ISNA,Ruhollah Vahdati)
    UK: Iran conducting secret ballistic missile tests AP - Wed, Jun 29, 2011

    Iran has conducted covert tests of ballistic missiles in addition to a 10-day program of public military maneuvers, Britain alleged on Wednesday. More »UK: Iran conducting secret ballistic missile tests

    In this photo released by the semi-official Iranian Students News Agency (ISNA), Iranian revolutionary Guards personnel look on prior to the launch of a Shahab-1 missile, during military maneuvers outside the city of Qom, Iran, Tuesday, June 28, 2011. A senior Iranian Revolutionary Guard commander claimed on Tuesday that his country has the ability to produce even longer range missiles than those currently in its arsenal. (AP Photo/ISNA,Ruhollah Vahdati)

    Iran has conducted covert tests of ballistic missiles in addition to a 10-day program of public military maneuvers, Britain alleged on Wednesday.

  • The International Monetary Fund urged U.S. lawmakers Wednesday to raise America's borrowing limit. It warned that inaction could lead to a spike in interest rates that would harm the U.S. economy and world financial markets.

  • French television says two journalists held hostage in Afghanistan since December 2009 have been freed.

  • In this June 13, 2011 photo, a home is posted as 'in escrow' in Los Angeles. The number of people who signed contracts to buy homes rose sharply in May, pushed higher by an influx of spring buying. (AP Photo/Reed Saxon)

    The number of people who signed contracts to buy homes rose sharply in May. But the influx of spring buyers wasn't enough to signal a rebound in the struggling housing market.

  • Miner Clay Mullins discusses the latest findings about the April 5, 2010 Upper Big Branch mine explosion that killed his brother Rex and 28 others following a briefing Tuesday June 28, 2011 by federal investigators in Beaver, W.Va.. Mullins says he’s frustrated to learn little new about the tragedy. (AP Photo/Tim Huber)

    Federal investigators say they have proof that Massey Energy kept fake safety records to throw off inspectors at a West Virginia coal mine where 29 men died last year, the deadliest U.S. coal field disaster in four decades.

  • Libyans celebrate after receiving the news of an arrest warrant issued against Moammar Gadhafi, in the rebel-held capital Benghazi, Libya, Monday, June 27, 2011.  The International Criminal Court (ICC) has issued arrest warrants for Libyan leader Moammar Gadhafi, his son and his intelligence chief for crimes against humanity in the early days of their struggle to cling to power. (AP Photo/Hassan Ammar)

    France sent weapons this month to Libyan civilians under siege by Moammar Gadhafi's forces, a military spokesman said Wednesday, making it the first NATO country to announce it has armed rebel fighters.

  • Casey Anthony listens to testimony during her murder trial  at the Orange County Courthouse in Orlando, Fla., Tuesday, June 28, 2011. Anthony, 25, is charged with killing her daughter Caylee in the summer of 2008. (AP Photo/Red Huber, Pool)

    The parents of Casey Anthony, who's accused of killing her 2-year-old daughter, were back on the witness stand Wednesday in central Florida.

  • Amanda Knox, centre, escorted by Penitentiary guards, arrives for the appeal hearing, in Perugia, Italy, Monday, June 27, 2011. The appeals trial of American student Amanda Knox against her murder conviction resumed Monday in a packed courtroom where an Ivorian man convicted in the slaying is to take the stand in closely watched testimony. Rudy Hermann Guede is serving a 16-year-prison sentence for the 2007 murder of Meredith Kercher, a British student who was stabbed to death in the apartment she shared with Knox. (AP Photo/Stefano Medici)

    Experts dispute much of the forensic evidence collected against Amanda Knox, saying in a report Wednesday that testing of DNA traces used to convict the American student and her co-defendant in the murder of her roommate was below international standards and evidence may have been contaminated.

  • In this March 13, 2010, photo provided by Kulsoom Abdullah via her website on Thursday, June 9, 2011, Abdullah competes in the 2010 Open Champs at the Branch weightlifting event in Flowery Branch, Ga. Abdullah, a 35-year-old Atlantan, has been barred from entering the U.S. senior nationals in Iowa next month because her Muslim faith requires that she cover her arms, legs and head, which violates international rules governing weightlifting attire. (AP Photo/Kulsoom Abdullah)

    A Muslim weightlifter in Atlanta, Ga., will now be allowed to compete nationally after the sport's international ruling body said she may wear a hijab and body-covering unitard. Kulsoom Abdullah began lifting last year at her gym in Atlanta, and discovered she was surprisingly good at the sport. She qualified for the American …

  • The Other Royal Wedding The Daily Beast - Wed, Jun 29, 2011
    Monaco's Prince Albert II and his fiancee Charlene Wittstock wave as they attend the Saint Jean procession in Monaco

    Charlene Wittstock, the Olympian marrying Monaco’s Prince Albert, was groomed for years to be a princess.

  • Life After Prison: Would You Hire an Ex-Con? LiveScience.com - 57 mins ago

    With an unemployment rate near record levels, finding a job can be difficult.  When you’ve served time in prison, the odds against you increase exponentially.

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