Political News from Yahoo

Exclusive: ECB rejects Irish bid on promissory note - sources

(Reuters) - The European Central Bank has rejected Ireland's preferred solution to a dispute over the cost of servicing money borrowed to rescue a failed bank, EU sources familiar with the talks said on Saturday. Dublin wants to avoid having to pay 3.1 billion euros a year until 2023 to service a promissory note it issued to underwrite failed Anglo Irish Bank during a meltdown of the main Irish lenders after a real estate bubble burst in 2008. ...


GOP Senator: We Are the Party of the 47 Percent

Freshman Republican Sen. Ted Cruz of Texas on Saturday chided the GOP over its 2012 electoral losses, saying "Republicans are and should be the party of the 47 percent," a clear allusion to the remarks caught on video by presidential candidate Mitt Romney during the campaign.

Iraqi Sunnis mourn protesters shot dead by troops

FALLUJA, Iraq (Reuters) - Thousands of mourners rallied on Saturday for the funerals of Sunni Muslims shot dead by troops as they rallied to demonstrate against Iraq's Shi'ite Prime Minister Nuri al-Maliki. Sunnis have taken to the streets since December to protest against what they call mistreatment of their minority sect, increasing fears Iraq could slide back into the kind of Shi'ite-Sunni bloodletting that killed tens of thousands in 2006-2007. ...


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