Political News from Yahoo

Postal Service faces fight over ending Saturday mail

WASHINGTON (Reuters) - Trade groups representing greeting card makers, paper manufacturers and newspapers are fighting to prevent the cash-strapped Postal Service from dropping first-class mail delivery on Saturdays. The groups are lobbying Congress to pass legislation introduced in the House of Representatives compelling the Postal Service to continue its six-day mail delivery service. The Postal Service said on February 6 it plans to drop Saturday delivery of first-class mail beginning in August, a move intended to save it $2 billion annually. ...


Bloomberg Tells White House 'Spare Me' on Budget Cuts Scare

New York Mayor Michael Bloomberg has a message for the White House about the dire warnings they keep issuing about looming spending cuts: “Spare me.” “There’s a lot of posturing — ‘I’m going to lay off my employees today unless you do something. We’re going...


India's reformist finance minister faces budget moment of truth

NEW DELHI (Reuters) - Finance Minister P. Chidambaram will present one of the most highly anticipated Indian budgets of recent years on Thursday, a blueprint for austerity that forms the centerpiece of India's efforts to stave off a damaging credit ratings downgrade. The 2013/14 budget caps an intensive seven-month campaign by the energetic Chidambaram, who was appointed last August, to turn around the fortunes of Asia's third-largest economy after years of policy drift and global economic turmoil. ...


U.S. leaders honor civil rights activist Rosa Parks with statue

WASHINGTON (Reuters) - American leaders unveiled a statue of Rosa Parks on Wednesday, briefly setting aside political differences to honor the civil rights heroine, who became the first black woman to have a monument inside the U.S. Capitol. Parks' refusal to give up her seat on a segregated Alabama bus for a white passenger in 1955 sparked a boycott that galvanized the movement for equal rights for blacks in Montgomery and nationwide. Black men and women stayed off the buses, walking or arranging other rides to work for more than a year to fight for desegregation. ...


Guinea security forces clash with protesters

CONAKRY (Reuters) - Guinea's security forces fired teargas at thousands of rock-throwing anti-government protesters in the seaside capital Conakry on Wednesday in clashes that wounded more than 50 people, witnesses and other sources said. The violence in the West African state is a result of soaring tensions ahead of a parliamentary election the opposition says is being rigged by the administration of President Alpha Conde. "We don't know how it started, but the security forces charged the crowd and fired teargas," said Ousmane Camara, a Conakry resident at the protest. ...


Rwanda's Kagame brushes off speculation over third term

KIGALI (Reuters) - Rwandan President Paul Kagame responded to speculation he might run for office again by telling journalists on Wednesday "I don't need (a third term)", but did not clearly rule out the possibility of extending his time in office. A spate of articles in pro-government newspapers have raised the prospect of him staying on - a move that would anger his critics and require a change to the constitution. "I am not the person who needs a third term," Kagame told a news conference when asked about speculation prompted by the articles. "Just look at me, I don't need it. ...


EU Commission says Italy must continue reforms

BRUSSELS (Reuters) - Italy should press ahead with reforms to improve its economic growth potential, the head of the European Union's executive arm said on Wednesday, after Italians voted to reject the austerity policies applied by outgoing Prime Minister Mario Monti. "The crisis is not yet over and efforts must not be relaxed," European Commission President Jose Manuel Barroso said in a joint statement with Monti after the two met for talks in Brussels. ...

Italy president snubs German candidate over clown gaffe

BERLIN (Reuters) - Italy's president cancelled a dinner with the German opposition's chancellor candidate Peer Steinbrueck in Berlin on Wednesday after he described the former Italian premier Silvio Berlusconi and comic-turned-politician Beppe Grillo as "clowns". Steinbrueck, a Social Democrat who will take on Chancellor Angela Merkel in Germany's next national election in September, has a reputation for gaffes and his remark created the first diplomatic incident of his accident-prone campaign. He said on Tuesday he was "appalled that two clowns have won" Italy's February 24-25 election. ...


Italy business lobby head: parties can solve vote deadlock

ROME (Reuters) - The head of Italy's main business association voiced optimism on Wednesday that political parties could resolve a post-election stalemate but said they must move quickly or financial markets would turn hostile. Giorgio Squinzi, president of Confindustria, said the situation was "extremely serious" but he was confident the main parties had enough in common to prevent the crisis slipping out of control. "They need to give immediate answers and they can do it," he told Reuters in an interview. ...

TSA Head: Possible Hiring Freeze Before Sequester Furlough

We’ve heard the doomsday scenarios of how automatic spending cuts from the sequester might impact airports: Travel Security Administration (TSA) workers could be furloughed, stretching security resources thin and leading to nightmarish lines and long waits at airport security checkpoints. But the head of the...

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