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2012/03/31

Obama clears Iran oil sanctions - The Washington Times

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Saturday, March 31, 2012

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President Obama rolls up his sleeves as he speaks March, 30, 2012, at a campaign fundraiser at the University of Vermont in Burlington, Vt. (Associated Press)

Obama clears Iran oil sanctions

President Obama Friday signed off on tough new sanctions aimed at hitting Iran's oil exports, after determining there is enough crude supplies in the world market that taking the step won't harm U.S. allies or drive gas prices even higher.


Old photos may be deceptive in Fla. shooting case

When he was shot, Trayvon Martin was not the baby-faced boy in the photo that has been on front pages across the country. And George Zimmerman wasn't the beefy-looking figure in the widely published mugshot.

Ryan endorses Romney for GOP nomination

House Budget Committee Chairman Paul Ryan endorsed Republican presidential candidate Mitt Romney on Friday, landing the former Massachusetts governor another high-profile supporter as the party starts to rally behind him in hopes of ending the bloody nomination race.

The free market case against the NCAA chokehold on college sports

From spectacular shots to dramatic finishes, the NCAA men's basketball tournament - which culminates in Monday night's championship game - is a thrilling sports spectacle beyond reproach.

Current TV ousts talk show host Keith Olbermann

Current TV says it has ejected Keith Olbermann from its talk-show lineup after less than a year.

Congressional recess tests White House deal

Congress is taking its first real recess in nearly a year after the House and Senate agreed on Friday to a two-week adjournment for Easter — and a test of whether President Obama will abide by an agreement not to make any recess appointments while lawmakers are gone.

Army hero speaks for injured comrades

A Medal of Honor recipient who lost part of his right arm in a firefight in Afghanistan says society doesn't fully understand the mental trauma and physical injury that today's veterans suffer.

Japan will intercept North Korean rocket if threatened

Japan's defense minister Friday ordered missile units to intercept a long-range rocket expected to be launched by North Korea if the rocket or its fragments threaten to hit Japan.

On the run, bin Laden lived in 5 houses

Osama bin Laden lived in five safe houses while on the run in Pakistan and fathered four children — two of them born in government hospitals, his youngest widow has told investigators.

Eurozone gets $670 billion in fresh bailout funds

The 17 countries that use the euro will put up €500 billion ($670 billion) in fresh money to help countries with debt troubles — a big increase from the previous €300 billion limit, but unlikely to calm concerns that large countries like Spain or Italy will not be protected if they run into trouble.

Stocks rise, extending best start since 1998

Rising consumer spending boosted stocks on Friday, and Wall Street closed its best first quarter since 1998.

Activists: Fresh clashes erupt in Syria

Fresh clashes between Syrian soldiers and rebels erupted across many parts of Syria Friday as U.N. envoy Kofi Annan urged the government to lay down its weapons first to immediately end the nation's yearlong crisis.

Railway project sparks hope, suspicion in Kyrgyzstan

The Kyrgyz government is pushing to speed the construction of a trans-Asia railway, but the massive foreign investment needed to build Kyrgyzstan's stretch of the project has sparked a heated debate over the price the Central Asian nation would pay for the funding.

Colo. sheriff notes problems with fire warnings

Authorities in Colorado say they're investigating how well their emergency telephone notification system works because some residents who signed up never got a warning about a wildfire.

U.S. consumer spending up 0.8 pct., but income lags

U.S. consumers boosted their spending in February by the most in seven months. But Americans' income barely grew, and the saving rate fell to its lowest point in more than two years.

GOP weighs changes to indefinite detention law

Facing a conservative backlash, House Republicans are working to change a new law that allows the indefinite detention without trial of terrorist suspects, even U.S. citizens seized within the nation's borders.

Commentary

MURRAY: War on coal escalates

Faced with rising gas prices, President Obama recently outlined what he calls an "all-of-the-above" energy policy "that develops every available source of American energy - oil, gas, wind, solar, nuclear, biofuels and more." You may notice something missing there - coal, America's most abundant and affordable fuel source. The administration's "all of the above" strategy is anything but.

ZUBRIN: Obama shoots down Mars exploration

In its budget submitted to Congress Feb. 13, the Obama administration zeroed out funding for NASA's future Mars exploration missions. The Mars Science Lab Curiosity is en route to the red planet, and the nearly completed small Maven orbiter, scheduled for launch in 2013, will be sent, but that's it. No funding has been provided for the Mars probes planned as joint missions with the Europeans for 2016 and 2018, and nothing after that is funded, either. This poses a crisis for the American space program.

KNIGHT: Overplaying the hate card

If Oscars were awarded for liberal hysteria, California's Rep. Barbara Lee would be a perennial contender. On Tuesday, at a congressional forum on the shooting death of Florida teen Trayvon Martin, Ms. Lee proclaimed that it was the result of "a toxic and deadly mix."

MILLER: America's high tax leadership

The United States is now, officially, the worst place to do business in the developed world. On Sunday, Japan lowered its corporate tax rate in the hopes of luring business to its shores, handing the title of highest tax rate to the Land of the Free. The market reaction on Monday will tell whether money will begin flowing away from us and toward the more business-friendly Asian country.

EDITORIAL: Obama's lotto ticket

White House Press Secretary Jay Carney told reporters Thursday that President Obama wasn't going to buy a lottery ticket. That's a shame. By Friday, the multi-state Mega Millions jackpot had reached $640 million. The biggest spender in the history of the world could have had a fair shot at the world's biggest cash prize by matching the six numbers drawn.

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