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Scientists predict eruption of undersea volcano

US scientists said Tuesday they have for the first time successfully predicted the eruption of one of the world’s most active undersea volcanoes off the coast of the western state of Oregon. Scientists from Oregon and New York have been monitoring Axial Seamount, 250 miles (400 kilometers) out to sea, since…

Goldman says QE3 likely after Fed statement

SINGAPORE (Reuters) – Goldman Sachs said on Wednesday a third round of quantitative easing from the Federal Reserve is likely after the U.S. Federal Reserve promised to keep rates at extraordinarily low levels for at least two more years. “We now see a greater-than-even chance that the FOMC will resume…

Eliot Spitzer: Obama does not know how to negotiate

Eliot Spitzer, former governor and attorney general of New York, appeared on Current TV’s Countdown with Keith Olbermann on Tuesday night to discuss the debt ceiling deal, ratings agencies and Treasury Secretary Tim Geithner. Spitzer said Democrats were “taken to the cleaners” again and again during negotiations over raising the…

Wisconsin Democrats defeat two Republican state senators in recall elections

Wisconsin Democrats retract election tampering accusation against Waukesha County clerk Wisconsin Democrats picked up two seats in the state Senate after defeating incumbent Republicans in recall elections on Tuesday, falling short of the three seats needed to gain a majority. Unofficial results show Democratic candidate Jennifer Shilling defeated state Sen.…

Wisconsin Gov. Scott Walker signs heavily-criticized redistricting bill

As voters across Wisconsin headed to the polls Tuesday to vote in six state Senate recall elections, Republican Governor Scott Walker signed heavily-criticized legislation to redraw the state’s district boundaries, according to the Milwaukee-Wisconsin Journal Sentinel. Democrats claimed the new voting districts will give Republicans an advantage in the upcoming…

U.S. officers oppose releasing names of dead troops

WASHINGTON — The chief of the secretive US special operations command has lobbied against the release of names of American commandos killed in a helicopter crash in Afghanistan, officials said Tuesday. Thirty US troops were killed on Friday when their Chinook helicopter was shot out of the sky in a…

Republican presidential candidates head to Iowa

AMES, Iowa — Extreme partisan rhetoric and market havoc have raised the stakes of two early tests in Iowa this week for the unsettled crop of Republican candidates vying to challenge US President Barack Obama. Minnesota congresswoman Michele Bachmann is hoping to chip away at the lead of frontrunner Mitt…

Muslim soldier indicted in Texas bomb plot

CHICAGO — A US soldier of Palestinian descent was indicted on weapons charges related to a plot to build a bomb and attack the area surrounding a sprawling Texas military base, officials said Tuesday. Army Private Naser Abdo, 21, had gathered everything he needed to build a bomb and carry…

Reid names Sens. Murray, Baucus and Kerry to new debt committee

WASHINGTON — Democratic US Senate Majority Leader Harry Reid said Tuesday he was naming Democratic Senators Patty Murray, Max Baucus and John Kerry to a new congressional “supercommittee” on US debt woes. “As the events of the past week have made clear, the world is watching the work of this…

Rare anthrax case diagnosed in Minnesota

CHICAGO — Minnesota health officials said Tuesday they are investigating a rare case of anthrax inhalation linked to exposure to the dreaded bacteria in the natural environment. The FBI briefly investigated the case because anthrax has been used in terror attacks. But the bureau determined there was “no evidence suggesting…

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