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For the third time in a year, Japan's government has intervened in the yen, its unit of currency, according to Japan's finance minister. "While Japan is dealing with the reconstruction of the tsunami zone, if the surging of the yen continues, it could negatively affect Japan's economy and financial stability," Finance Minister Yoshihiko Noda told reporters. "Therefore, Japan has intervened in the.. more
Washington Speaker John Boehner's plan that would raise the nation's debt ceiling and enact sweeping cuts in government spending could come up for a vote on Friday after House Republicans called off a vote late Thursday. "Members are advised that there will be NO VOTES in the House tonight," said a message from House Majority Whip Kevin McCarthy's office. "We apologize for the late notice." The .. more
London Britain's Prime Minister David Cameron said Friday that James Murdoch has "questions to answer in Parliament," a day after former top executives of News of the World accused the News Corp. executive of giving "mistaken" evidence. The claim by the editor of the News of the World at the time it folded on July 10, Colin Myler, and the paper's former head of legal affairs, Tom Crone, related t.. more
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