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SEC To Look At S&P Downgrade Of U.S. Debt

WASHINGTON, Aug. 13 (UPI) — Regulators will examine the straw that broke the Wall Street camel’s back, S&P’s downgrade of U.S. debt from AAA to AA+, sources told The Wall Street Journal. The U.S. Treasury Department has said the downgrade by credit rating agency Standard & Poor’s is the result of a $2 trillion mathematical […]

North Korea: Don’t Hold Joint Exercise

SEOUL, Aug. 13 (UPI) — A joint military exercise by South Korea and the United States could undermine possible peace talks, North Korea said, demanding the drills be canceled. The annual joint drill, this year called Ulchi Freedom Guardian, starts Tuesday in the Yellow Sea off the west coast of South Korea, Yonhap News Agency […]

Iowa Straw Poll Could Cut GOP Field

AMES, Iowa, Aug. 13 (UPI) — Saturday’s Iowa straw poll could weed some candidates out of the crowded Republican presidential field. The poll may be make-or-break time for Tim Pawlenty, who served as governor in neighboring Minnesota and has invested more time and money in Iowa than his rivals, The Hill reported. It also could […]

‘Comfort Women’ Bill Voted Down 8 Times

SEOUL, Aug. 13 (UPI) — Japanese legislators who support a bill to compensate World War II Korean “comfort women” have not given up, a former lawmaker said Saturday. Haruko Yoshikawa, a member of the Japanese Communist Party, told a conference in Seoul that the Diet or parliament rejected a bill she and other woman legislators […]

Explosions, Casualties Fall In China Mines

BEIJING, Aug. 13 (UPI) — The number of casualties from coal mine gas explosions in China has dropped but remains high, officials said. This year 245 people have died in 62 mine explosions, said Xinhua, China’s state-run news agency. The numbers represent reductions of 31 percent and 25 percent, respectively, from a year ago, the […]

Chemicals Damaging Great Barrier Reef

SYDNEY, Aug. 13 (UPI) — Australian authorities say agricultural pesticides are causing significant damage to the Great Barrier Reef. The information was gleaned from a report on water quality at the site calling for farmers to be more careful with their chemicals, the BBC reported. The report said about 25 percent of horticulture producers and […]

Gov. Rick Perry To Join Presidential Fray

CHARLESTON, S.C., Aug. 13 (UPI) — Texas Gov. Rick Perry, after unofficially announcing his candidacy for president, plans to make his official entry into the crowded Republican field Saturday. Perry is set to announce he is seeking the Republican nomination in a 1 p.m. speech in South Carolina before the conservative RedState Gathering, USA Today […]

Saleh Won’t Quit Until Opposition Leaves

SANAA, Yemen, Aug. 13 (UPI) — Embattled Yemeni President Ali Abdullah Saleh says he won’t step down until two political opponents leave the country. Saleh, in Riyadh, Saudi Arabia, recovering from a June bomb attack, made the statement Saturday in a meeting with his ruling party, the General People’s Congress, RIA Novosti reported. Saleh, who […]

‘I Just Might’ Palin Glad-hands Iowa

DES MOINES, Iowa, Aug. 13 (UPI) — Former Alaska Gov. Sarah Palin told an Iowa crowd she hasn’t decided whether she is running for president. On the eve of the state’s straw poll, Palin deflected all media questions about whether she intended to enter the Republican pool of presidential candidates. “I think there is plenty […]

Teens Detained For Violating Curfew

PHILADELPHIA, Aug. 13 (UPI) — Police in Philadelphia detained 22 teens for allegedly violating a 9 p.m. curfew in some parts of the city, officials said. The teens are among the first charged with violating a curfew prohibiting anyone under 18 from being on the streets after 9 p.m. in targeted areas, CNN reported Saturday. […]


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