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Obama administration closely monitoring Dubai debt outlook

Fri Nov 27, 4:23 PM ET

WASHINGTON_ The Obama administration said Friday that it was monitoring developments in a looming debt default by the Persian Gulf emirate of Dubai, whose efforts to fend off creditors sent stocks skidding in the United States and around the globe amid fears of new bank losses.

  • US Ambassador to the International Atomic Energy Agency (IAEA) Glyn Davies speaks to journalists after the board of governors meeting at the UN agency's headquarters in Vienna. Patience is "running out" over Iran's nuclear programme, Davies said here Friday after the UN atomic watchdog passed a resolution censuring Tehran.(AFP/Joe Klamar)
    White House says world moving toward new Iran sanctions Fri Nov 27, 2:12 PM ET

    WASHINGTON — The United Nations nuclear agency blasted Iran in a resolution Friday for obstructing investigations into its suspected nuclear-weapons program and demanded that the Islamic Republic stop enriching uranium at a once-secret facility.

  • Pakistan military moving to undercut Zardari over his close U.S. ties Thu Nov 26, 5:24 PM ET

    ISLAMABAD, Pakistan — Suspicions by Pakistan's powerful army that the country's civilian leadership is growing too close to the United States are fueling a political crisis that analysts here believe threatens the survival of the government and could divert attention from the battle against Islamic extremists.

  • US Marines fire mortar rounds from their forward operating base in Mian Poshteh in Helmand Province. President Barack Obama, vowing to "finish the job" in Afghanistan, promised he would soon announce his decision on sending tens of thousands more US troops to battle Al-Qaeda and the Taliban(AFP/Manpreet Romana)
    Will talk of Afghan 'off-ramps' prompt Taliban to hang tough? Wed Nov 25, 6:59 PM ET

    WASHINGTON — President Barack Obama will unveil his long-awaited Afghanistan strategy in a prime-time address from West Point, N.Y., on Dec. 1, the White House said Wednesday, but the administration's advance remarks have sparked concern that talk of an eventual U.S. withdrawal will encourage Islamist insurgents to persevere.

  • Should we pay higher taxes to cover the cost of Afghan war? Wed Nov 25, 5:50 PM ET

    WASHINGTON — Abraham Lincoln levied the country's first income tax to help pay soldiers and buy rifles for the Civil War.

  • On eve of Mumbai anniversary, Pakistan charges conspirators Wed Nov 25, 5:34 PM ET

    ISLAMABAD, Pakistan — On the eve of the one-year anniversary of the deadly terrorist attacks in Mumbai, India, Pakistan Wednesday charged seven men with masterminding and overseeing the assaults.

  • In Kabul, U.N. workers cope by cooking Wed Nov 25, 4:55 PM ET

    KABUL, Afghanistan — When Susan Marx was awoken before dawn last month with word that United Nations colleagues across town were under attack, the 32-year-old human rights researcher did the only thing she could think of to calm her nerves: Bake.

  • Marines' Thanksgiving dinner in Helmand nearly flames out Wed Nov 25, 4:48 PM ET

    FORWARD OPERATING BASE HASSANABAD, Afghanistan — Just getting the ingredients for Golf Company's one-day-early Thanksgiving dinner was a military operation.

  • Obama vows to 'get the job done' in Afghanistan Tue Nov 24, 7:50 PM ET

    WASHINGTON — In a preview of his speech next week announcing his plan to send more than 30,000 additional U.S. troops to Afghanistan, President Barack Obama Tuesday vowed that he'll "finish the job" of stabilizing the country and destroying the al Qaida terror network.

  • Pakistani army troops patrol at the site following a suicide bomb blast in Peshawar. A suicide bomber struck a court in Peshawar on Thursday, killing 19 people in the sixth attack on the northwestern city in 11 days as Pakistani troops press on with a major anti-Taliban offensive.(AFP/A Majeed)
    Taliban fighters escape Pakistani offensive, but to where? Tue Nov 24, 6:41 PM ET

    ISLAMABAD, Pakistan — Most of the Taliban fighters and all of their leaders apparently have escaped Pakistan's widely publicized six-week-old offensive in South Waziristan, forcing the army to begin pounding other parts of the country's lawless tribal area.

  • Afghanistan's James Bond: suave killer who drives a Toyota Camry Tue Nov 24, 4:59 PM ET

    KABUL, Afghanistan — The television set crackles with breaking news: Terrorists have smuggled a nuclear bomb into Kabul and are preparing to take out the Afghan capital.

  • No smoke, just a sandstorm as Lt. Dan plays Afghanistan Tue Nov 24, 4:02 PM ET

    CAMP LEATHERNECK, Afghanistan — There was no rock star, just an actor who likes to play the bass guitar.

  • Opening roads or saving lives, Afghanistan's a helicopter war Tue Nov 24, 3:55 PM ET

    KANDAHAR AIRFIELD, Afghanistan — In one of the worst chapters of their casualty-marred deployment in Afghanistan, Canadian forces earlier this year lost 10 soldiers in 90 days to improvised bombs on one stretch of highway in Kandahar province.

  • Pakistani army officer arrested for alleged link to U.S. terror plot Tue Nov 24, 3:46 PM ET

    ISLAMABAD, Pakistan — Pakistani officials have arrested a retired Pakistani army major for his suspected role in an alleged plot that was hatched in the U.S. to assassinate the creator of controversial Danish cartoons of the Prophet Mohammad, the Pakistani army said Tuesday.

  • Obama will send 34,000 U.S. troops to Afghanistan Mon Nov 23, 10:35 PM ET

    WASHINGTON — President Barack Obama met Monday evening with his national security team to finalize a plan to dispatch some 34,000 additional U.S. troops over the next year to what he's called "a war of necessity" in Afghanistan, U.S. officials told McClatchy.

  • Will Karzai allow Afghan prosecutors to charge ministers? Mon Nov 23, 6:03 PM ET

    KABUL, Afghanistan — President Hamid Karzai's pledge to root out political corruption in his second term faces a quick test from government attorneys, who've asked for new powers to pursue some of the country's top leaders.

  • U.S. President Barack Obama listens while India's Prime Minister Manmohan Singh speaks during a welcome ceremony at the White House in Washington November 24, 2009.     REUTERS/Larry Downing (UNITED STATES POLITICS)
    U.S. goals on menu as Obama dines with India's leader Mon Nov 23, 5:26 PM ET

    WASHINGTON — President Barack Obama rolls out the red carpet Tuesday for India in the first official state visit of his presidency, but the stresses of a key relationship in a tinderbox part of the world will lie just beneath the glitz and glamour of a state dinner.

  • Dispute over law means delay likely for Iraq elections Mon Nov 23, 4:18 PM ET

    BAGHDAD — Iraq's pivotal national elections, originally scheduled for January, faced a likely delay of weeks or even longer after wrangling over a law setting terms for the polls broke down Monday.

  • Winning hearts and minds with raisins and prayer rugs Sun Nov 22, 3:12 PM ET

    More than 200 Afghanis waited in line for several hours, enduring a harsh, cool wind and blowing sand.

  • Is imam a terror recruiter or just an incendiary preacher? Fri Nov 20, 6:12 PM ET

    CAIRO, Egypt — The Yemeni-American imam who's been under renewed scrutiny after the deadly shootings at Fort Hood, Texas, preaches against alcohol, birthday parties, black magic and extramarital sex. He also supports armed struggle — jihad — against the U.S. military in Afghanistan and Iraq, and has encouraged extremist insurgents in Pakistan and Somalia.

  • Despite U.S. pressures, Pakistan continues to follow its own road Fri Nov 20, 5:12 PM ET

    ISLAMABAD, Pakistan — The Pakistani government has some advice the Obama administration may not want to hear as it contemplates sending additional U.S. troops to neighboring Afghanistan: Negotiate with Taliban leaders and restrain India.

  • Couple plead guilty to Cuba spying, will go to prison Fri Nov 20, 2:42 PM ET

    WASHINGTON — A retired State Department employee will spend life in prison without parole after he and his wife pleaded guilty Friday to serving as covert agents for Cuba for three decades.

  • Clinton, warlord Dostum are honored guests at Karzai fete Thu Nov 19, 6:15 PM ET

    KABUL, Afghanistan — President Hamid Karzai began his second term Thursday under international pressure to select a Cabinet that can regain the trust of disillusioned Afghans, quash widespread government corruption and build a reliable military that can take charge of his country's defense.

  • Obama's Asia trip yields few concrete achievements Thu Nov 19, 10:59 AM ET

    OSAN AIR BASE, South Korea — President Barack Obama ended his trip to Asia on Thursday much as he'd begun it a week earlier, surrounded by U.S. forces as he sought to project an image of military unity ahead of a controversial announcement on troop levels for Afghanistan.

  • Soldier's family brings fight with contractor to Congress Wed Nov 18, 7:21 PM ET

    WASHINGTON — Army Lt. Col. Dominic "Rocky" Baragona was killed in Iraq on the very day that he was going home.

  • Afghanistan's election turmoil continues in provincial races Wed Nov 18, 5:00 PM ET

    MAHMUD-I-RAQI, Afghanistan — Hamid Karzai may be Afghanistan's next president — the result of ballot rigging and his opponent's withdrawal from a runoff — but Afghanistan's elections are far from over.

  • Obama says Afghan decision weeks away, visits S. Korea Wed Nov 18, 11:35 AM ET

    SEOUL, South Korea — President Barack Obama said Wednesday that he was still weeks away from deciding how many more U.S. troops to send to Afghanistan and that he'd like to fire officials who'd leaked details of his deliberations to the news media.

  • Iraq's national elections in jeopardy after vice president's veto Wed Nov 18, 10:36 AM ET

    BAGHDAD — Iraq's pivotal national elections were thrown back into turmoil and potential delay Wednesday after Vice President Tariq al Hashemi vetoed part of an election law and sent it back to parliament.

  • New president, same result on China currency flap Tue Nov 17, 7:08 PM ET

    WASHINGTON — China's rebuff this week of President Barack Obama's call to stop controlling the price of its currency sparked renewed calls for legislation to allow U.S. retaliation against Chinese-made goods.