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U.N. study: $40 billion annual investment needed for global carbon reduction

NAIROBI (AFP) – Investing $40 billion annually in the forest sector is needed for the world to transition into a low carbon, resource-efficient green economy, according to a UN report released here Sunday. The additional investment “could halve deforestation rates by 2030, increase rates of tree planting by around 140…

Top GOP lawmaker refutes tea party claims about the debt ceiling

In an interview released by ABC News Monday, House Majority Leader Eric Cantor said that he had no reason to doubt Treasury Secretary Tim Geithner’s warning that the U.S would start defaulting on its obligations if the debt limit was not raised by Aug. 2. “Secretary Geithner feels August 2…

Democrats and Republicans press Obama on Libya conflict

The House of Representatives has chided President Barack Obama for failing to obtain congressional approval of US military action in Libya, and demanded answers about his objectives. Republican House Speaker John Boehner’s resolution, approved on a 268-145 vote, stopped short of calling for an end to the mission, but rebuked…

LulzSec hackers steal passwords from FBI affiliate

A group that tracks cyber crime on behalf of the U.S. Federal Bureau of Investigations (FBI) was attacked last week and all of its members’ login information was published online after hackers with the group LulzSec compromised their website. The organization, InfraGard Atlanta, is a non-profit sponsored by the FBI,…

Palin fans attempt to rewrite Paul Revere’s Wikipedia page

Sarah Palin supporters are literally attempting to rewrite history after she flubbed the story of Paul Revere’s ride last week last week, taking to Wikipedia with their own revisions to the beloved story in an effort to make Palin’s version look true. “He who warned the British that they weren’t…

Obama’s Nobel-winning Fed pick withdraws, slams partisan politics

WASHINGTON/NEW YORK (Reuters) – Nobel Prize winner Peter Diamond said on Sunday he planned to withdraw as a nominee for Federal Reserve governor, after his nomination was repeatedly opposed by Republicans. “It is time for me to withdraw, as I plan to inform the White House,” Diamond, an economics professor…

Iowa GOP leader calls Huntsman out for skipping caucuses

Over the weekend, former Utah governor and U.S. ambassador to China Jon Huntsman, a GOP 2012 hopeful, announced that he would likely skip the Iowa caucuses, over his strong opposition to ethanol subsidies. Iowa’s Republican Secretary of State, Matt Schultz, released a statement Monday blasting Huntsman’s decision, calling his ethanol…

Nintendo rebuffs attack by Lulzsec hackers

LOS ANGELES (Reuters) – Nintendo’s U.S.-based servers were attacked several weeks ago but no consumer data was stolen, the company said on Sunday. Nintendo is the latest company to be targeted by cyber criminals in a hacking attack. In April, hackers broke into Sony Corp’s servers and exposed the personal information of…

Fox News chairman: ‘I’d like to hire Hillary Clinton’

Fox News chairman Roger Ailes says he’s interested in hiring Secretary of State Hillary Clinton as an employee of the network. “I’d like to hire Hillary Clinton,” the brains behind the conservative-leaning outlet told The Daily Beast‘s Howard Kurtz. “She looks unhappy at the State Department. She’d get ratings.” Ailes,…

Death toll from Joplin tornado rises to 141: officials

CHICAGO (Reuters) – The death toll from the May 22 Joplin, Missouri tornado has risen to 141, city officials said on Sunday. Lynn Iliff Onstot, public information officer for Joplin, said the city had identified three new victims who died from injuries sustained as a result of the twister. The…

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