US leaders in last-minute debt talks

The Republican leaders in Congress signalled that they were close to reaching a deal with President Barack Obama to raise the US borrowing limit and stave off a devastating default

Debt and data suggest more losses (Reuters)

Traders work on the main trading floor of the New York Stock Exchange July 29, 2011. REUTERS/Mike SegarReuters - Stocks are likely to face more selling pressure next week as the Tuesday deadline draws near for raising the U.S. debt ceiling and Washington remains paralyzed by political brinkmanship.


Islamists accused of killing rebel leader

A militia group with suspected Islamist tendencies has been accused of assassinating Libyan rebel military commander Abdel Fattah Younes

Obama plea as US debt deadline looms

The debate over raising the US debt limit remains deadlocked, in spite of an 11th hour bid by Barack Obama to end the impasse with an appeal to reason

Turkey plays down resignation of top generals

Turkey’s president has denied that the country is facing a crisis after the resignation of four of its most senior military commanders


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