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Japan officials draw up Tepco breakup plan: report

TOKYO (Reuters) – A group of Japanese government heavyweights have written a secret proposal to break up Tokyo Electric Power Co and nationalize its nuclear operations, a newspaper said on Sunday. The plan, drawn up by Deputy Chief Cabinet Secretary Yoshito Sengoku, would force Tokyo Electric sell its power distribution…

Gaddafi renews offer to hold elections to end Libyan unrest

TRIPOLI (Reuters) – The Libyan government on Sunday renewed its offer to hold a vote on whether Muammar Gaddafi should stay in power, a proposal unlikely to interest Gaddafi’s opponents but which could widen differences inside NATO. Pressure is growing from some quarters within the alliance to find a political…

Dems worry Budget Chair’s compromise plan could shift debate to the right

WASHINGTON – A new budget proposal being drafted by the top Democrat on the Senate budget committee has the party concerned that it could weaken their negotiating position and shift the debate to the right. Sen. Kent Conrad (D-ND), who is retiring next year, announced Tuesday that he’s preparing a…

San Francisco considers requiring ID scans for most public events

The San Francisco Entertainment Commission was scheduled Tuesday to consider a proposal that would mandate ID scans for every person entering a “place of entertainment” attended by more than 100 people — a move that immediately sparked the fears of civil libertarians, who saw it as yet another encroachment of…

Will Obama support cuts to Medicare and Medicaid?

WASHINGTON – Now that Congress has agreed on how to fund the government for fiscal 2011, attention turns to addressing America’s long-term budget. Republicans last week released a proposal that drastically reshapes the role of the federal government, in part by cutting deep into Medicare and Medicaid. Appearing Sunday on…

GOP budget cuts would kill 700,000 jobs: report

WASHINGTON – The Republican budget proposal to sharply cut federal spending would cost 700,000 jobs through 2012, according to the independent analyst Moody’s. In a new report obtained Monday by the Washington Post, Moody’s Analytics chief economist Mark Zandi analyzes the House Republican budget proposal cutting spending by $61 billion…

Obama budget would launch ‘massive job-creation engine’: report

WASHINGTON – President Barack Obama’s proposed budget for fiscal 2012 would create millions of new jobs by boosting investments in infrastructure and transportation projects, according to an estimate. The proposal would set aside $336 billion for highways and infrastructure programs and $53 billion for a new high-speed rail system, aimed…

Update: Palantir apologizes for proposal to attack WikiLeaks

The data intelligence firm Palantir Technologies apologized Thursday for its involvement in developing a proposal to Bank of America to attack secrets outlet WikiLeaks. Two other data intelligence firms, HBGary Federal and Berico Technologies, helped to concoct a plan for a coordinated cyber assault against the website. “I have directed…

Obama to cut services to poor urban Americans, budget director notes

WASHINGTON – The White House budget director offered clues on Sunday to some cuts that President Barack Obama will offer in his fiscal 2012 budget proposal to answer Republican demands for deep spending reductions. Obama is under strong pressure to cut spending and the U.S. budget deficit after Republicans routed…

WikiLeaks among nominees for Nobel Peace Prize

OSLO – Anti-secrecy website WikiLeaks has been nominated for the 2011 Nobel Peace Prize, the Norwegian politician behind the proposal said on Wednesday, a day after the deadline for nominations expired. The Norwegian Nobel Committee accepts nominations for what many consider as the world’s top accolade until February 1, although…

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