House Speaker John Boehner (R-OH) speaks to the media outside his office on Capitol Hill in Washington, December 7, 2012.  REUTERS/Yuri Gripas

White House, Boehner trade fresh "fiscal cliff" proposals

WASHINGTON - Negotiations to avert the "fiscal cliff" ahead of a year-end deadline intensified as President Barack Obama and Speaker of the House John Boehner spoke by phone after exchanging new proposals.  Full Article 

North Korea launches rocket in defiance of critics 8:07pm EST

SEOUL - Isolated and impoverished North Korea launched its second long- range rocket of 2012 on Wednesday in what it said was a bid to put a satellite into space.

Free Syrian Army fighters sit around a fire in Khaldiyeh district in Homs December 8, 2012. Picture taken December 8. REUTERS/ Yazan Homsy

U.S. recognizes Syrian opposition coalition

WASHINGTON - President Barack Obama said that the United States now recognizes a newly formed coalition of Syrian opposition groups, a move aimed at pressuring Syrian President Bashar al-Assad.  Full Article 

Guy Fawkes masks are seen displayed at a street vendor's stall in front of the presidential palace in Cairo December 11, 2012. REUTERS/Amr Abdallah Dalsh

Egypt's army to host unity talks as crisis builds

CAIRO - Egypt's army chief will host national unity talks in an effort to end a growing political and economic crisis in the Arab world's most populous nation.  Full Article 

Japanese Maritime Self-Defense Force (MSDF) destroyer Kurama (R) leads destroyer Hyuga as a Japanese naval flag flutters during a naval fleet review at Sagami Bay, off Yokosuka, south of Tokyo October 14, 2012.   REUTERS/Yuriko Nakao

Election likely to ease limits on Japan's military

TOKYO - A likely win by Shinzo Abe's Liberal Democrats in this weekend's election will give the former prime minister a second chance to achieve his goal of easing the limits of a pacifist constitution on the military and increasing Japan's global security role.  Full Article 

People walk past a HSBC bank branch in Midtown Manhattan in New York, December 11, 2012. REUTERS/Mike Segar

HSBC to pay $1.9 billion for money laundering

HSBC has agreed to pay a record $1.92 billion fine to settle a multi-year probe by U.S. prosecutors, who accused Europe's biggest bank of failing to enforce rules designed to prevent the laundering of criminal cash.   Full Article 

A United Launch Alliance Atlas 5 rocket carrying the military's X-37B experimental space plane lifts off from launch complex 41 in Cape Canaveral, Florida on December 11, 2012. REUTERS/Scott Audette

Air Force's secret mini-shuttle blasts off

An unmanned Atlas 5 rocket carrying a small robotic space shuttle lifted off from Cape Canaveral Air Force Station in Florida for the third flight in a classified military test program. The military is not saying what the vehicle will be doing in orbit.  Full Article 

Apple leads Wall St to post-vote high

Dec. 11 - Summary of business headlines: Apple rebounds from tax-worry selling; Dollar retailers falling prey to one another; Mobile, social media leading retail season; Delta and Virgin agree to tie-up. Conway G. Gittens reports.

Frederick Kempe

America’s second chance at global leadership

The United States is at a far more critical juncture of human history than most Americans realize. And it has something unprecedented among the world’s great powers: a second chance to shape the international economic and political system.  Commentary 

John Lloyd

Silvio Berlusconi rises from the dead (again)

Are things worse in Italy than a little over a year ago, when Mario Monti took over as prime minister? They are. And so, with Monti's resignation, Berlusconi may find a way back into power.  Commentary 

Steven Brill

Jeter vs. A-Rod: Looking at athletes' charities

I'd like to see an in-depth report on the most prominent athletes’ charities. Which ones do the most? Which do the least and are mostly for show? Do any of these IRS-sanctioned tax-exempt organizations pay friends or family members inappropriately high salaries?  Commentary 

Michael O’Hanlon

In defense of Susan Rice

She is a capable public servant and a serious candidate for the job of secretary of state. The recent criticisms - including the New York Times op-ed piece - are often unfair.  Commentary 

Ian Bremmer

The game plan for the next Secretary of State

What's Obama to do? If he nominates Susan Rice, he will have an unnecessary fight on his hands. If he nominates John Kerry, it would leave an open Senate spot in Massachusetts. What about a third candidate? What about somebody like Jon Huntsman Jr.?  Commentary 

Paul Dickerson and Thomas Burton

D.C.’s clean-energy conundrum

Few issues are now as politically polarizing as the role of government in supporting clean-energy technologies. It pits those who see government playing a role in shaping a new industry against those who support a free-market approach, write Paul Dickerson and Thomas Burton.  Commentary 

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