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TOKYO (Reuters) - Japan's main opposition party appeared to offer a compromise after months of stalemate over a proposed sales tax hike, with a senior official saying it could cooperate with the government on the tax plan if it dropped its costly welfare spending pledges. Prime Minister Yoshihiko Noda needs the support of the opposition, which controls the upper house of parliament, to push through his plan to double the 5 percent sales tax by 2015, seen as a first step in efforts to curb Japan's snowballing public debt. ... Publ.Date : 2012-05-22T12:33:40Z
Jurors must decide whether strong physical evidence in the first trial from a series of stabbings in Michigan is outweighed by the mental health of a 35-year-old Israeli immigrant who is charged with murder. Publ.Date : 2012-05-22T11:34:20Z
The International Monetary Fund has issued a tough assessment of U.K. economic policy, urging the coalition government and Bank of England to do more to boost demand in the economy. Publ.Date : 2012-05-22T12:43:37Z
A buzz of excitement swept through Cairo on Tuesday, a day before its first presidential election since an uprising overthrew Hosni Mubarak, ushering in a tumultuous military-led transition. Publ.Date : 2012-05-22T11:33:17Z
TOKYO (Reuters) - Fitch cut Japan's sovereign credit status on Tuesday to the lowest level among global ratings agencies as a political stalemate dims the chance that the country can curb its snowballing debt. Fitch Ratings cut Japan's long-term foreign currency rating by two levels from AA to A plus, the fifth highest investment grade. It cut the more important local currency rating by one notch from AA minus to A plus. Both were given a negative outlook. ... Publ.Date : 2012-05-22T11:55:01Z
JOHANNESBURG (Reuters) - Two men vandalised a portrait of South African President Jacob Zuma with his genitals exposed on Tuesday, intensifying a heated debate about the picture that has enraged the ruling African National Congress. Television footage showed a white middle-aged man in a suit walking up to the portrait at a Johannesburg gallery and painting a red cross on president's face and private parts. A younger black man then smeared black paint over the picture while the first man was being taken into custody by security guards. ... Publ.Date : 2012-05-22T12:35:00Z
Taking a tough stand against dissent, President Vladimir Putin ignored public opposition and hired some Russia's most unpopular former ministers Tuesday and Russian lawmakers debated a draconian bill that raises fines for joining unsanctioned protests 200-fold. Publ.Date : 2012-05-22T11:38:30Z
Grieving Yemenis held somber ceremonies Tuesday to mark the country's National Day following a suicide bombing a day earlier that killed nearly 100 soldiers and deeply shook the faith of many people in the nation's future. Publ.Date : 2012-05-22T11:55:45Z
A passenger train rammed into a parked freight train and caught fire before dawn Tuesday in southern India, killing at least 25 people and injuring dozens more. Publ.Date : 2012-05-22T11:30:33Z
The sight of Chicago police raising billy clubs against demonstrators Sunday was the kind of image that has dogged the city's police force longer than most of those who clashed with protesters have been alive. Publ.Date : 2012-05-22T12:41:25Z
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