Yahoo! News: Politics News

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• Obama says Vietnam veterans too often 'denigrated'
• Romney promises world's strongest military
• Spain can count on aid from abroad: Polish cenbanker
• Romney tells vets dangerous world demands powerful military
• Fed's Plosser says U.S. to withstand euro fallout: WSJ
• Powerful "Flame" cyber weapon found in Iran
• Egypt protesters set fire to Shafiq headquarters: media
• Congo probes alleged Rwandan support for rebels
• U.S. has learned "hard lessons" from Vietnam War: Obama
• Barney Frank Makes Awkward Trayvon Martin 'Hoodie' Joke During Commmencement
• Romney promises world's strongest military
• Canada aims to restore CP Rail service Thursday
• Quebec students, government try to end strike as tourism officials fret
• Obama Recalls Vietnam Vets' Treatment as 'National Shame'
• Annan condemns "appalling crime" on visit to Syria
• Obama says Vietnam veterans too often 'denigrated'
• Bankia parent group BFA posts 2011 loss of 3.3 billion euros
• Factbox: Five facts about "Flame"
• In Memorial Day Tribute, Mitt Romney Warns of Threats Around the Globe
• Fire kills 19, mostly children, in upscale Qatar mall
• Turkey approves indictment of Israeli commanders: report
• Top Pentagon officer urges non-military pressure on Assad
• Syrian government: Islamists behind Houla massacre
• Damascus merchants strike over Houla killings
• Leading Bahraini dissident Khawaja ends hunger strike
• Suu Kyi set for overseas venture after 24 years in Myanmar
• Leading Bahraini dissident Khawaja ends hunger strike
• Zimbabwe drops charges against BBC's Petroc Trelawny
• Obama honors fallen troops on Memorial Day
• Milan court cuts sentences on 11 Red Brigades members
• RBC to book C$180 million gain on tax dispute
• Vatican says trust in Church hurt by scandal

Obama says Vietnam veterans too often 'denigrated' Posted: 28 May 2012 01:10 PM PDT President Barack Obama paid tribute Monday to the men and women who have died defending America, pointing to Vietnam veterans as an under-appreciated and sometimes maligned group of war heroes who remained true to their nation despite an unwelcome homecoming.

Romney promises world's strongest military Posted: 28 May 2012 01:45 PM PDT Republican presidential candidate Mitt Romney promised Monday to maintain an American military "with no comparable power anywhere in the world."

Spain can count on aid from abroad: Polish cenbanker Posted: 28 May 2012 02:30 PM PDT LIMA (Reuters) - Spain could count on a firewall of international funding if its troubled banks need further recapitalization, but the depth of its problems pale next to those of Greece, Poland's central bank governor said on Monday. Investors are growing increasingly concerned Spain could be forced to seek an international bailout the euro zone can barely afford even though Spain's prime minister has said there will not be any European rescue for Spanish banks. ...

Romney tells vets dangerous world demands powerful military Posted: 28 May 2012 02:28 PM PDT SAN DIEGO, California (Reuters) - Presumptive Republican presidential nominee Mitt Romney chose Veterans Day to proclaim to the American people his conviction that the world is a dangerous place, and the United States must remain its most formidable military power. "The world is not safe," Romney told veterans on Memorial Day. He was joined by Senator John McCain, in a speech to honor the veterans of America's wars. The United States now has two paths forward, Romney said. He called one "the pathway to Europe," suggesting Europe had acquiesced to geopolitical threats. ...

Fed's Plosser says U.S. to withstand euro fallout: WSJ Posted: 28 May 2012 02:24 PM PDT (Reuters) - The United States is well poised to withstand any fallout from Europe's escalating debt crisis, a top Federal Reserve executive told the Wall Street Journal. Charles Plosser, president of the Federal Reserve Bank of Philadelphia, said the United States should comfortably weather the debt crisis because its financial institutions have already cut their European exposure. Moreover, he said on the Journal's Monday online edition that "a flood of liquidity" into the United States, as investors seek safer assets, is more likely "than the drying up of liquidity. ...

Powerful "Flame" cyber weapon found in Iran Posted: 28 May 2012 02:11 PM PDT BOSTON (Reuters) - Security experts have discovered a highly sophisticated computer virus in Iran and other Middle East countries that they believe was deployed at least five years ago to engage in state-sponsored cyber espionage. Evidence suggest that the virus, dubbed Flame, may have been built on behalf of the same nation or nations that commissioned the Stuxnet worm that attacked Iran's nuclear program in 2010, according to Kaspersky Lab, the Russian cyber security software maker that claimed responsibility for discovering the virus. ...

Egypt protesters set fire to Shafiq headquarters: media Posted: 28 May 2012 02:09 PM PDT CAIRO (Reuters) - A group of Egyptian protesters set fire to the campaign headquarters of presidential candidate Ahmed Shafiq in Cairo on Monday, the state news agency reported, after the ex-prime minister made it into the second round of the vote. The privately-owned Al-Hayat channel broadcast images of a the fire at Shafiq's campaign office in the Cairo district of Dokki, saying it had been caused by a group of protesters. It said there were no injuries. ...

Congo probes alleged Rwandan support for rebels Posted: 28 May 2012 02:01 PM PDT GOMA, Democratic Republic of Congo (Reuters) - Authorities in Democratic Republic of Congo are investigating allegations that neighboring Rwanda is recruiting and training fighters in support of a new armed movement in its troubled eastern borderlands, a government spokesman said on Monday. The British Broadcasting Corporation, citing a confidential United Nations document, reported earlier on Monday that among the defectors from the newly formed militia were at least 11 Rwandan nationals who claimed to have been recruited in Rwanda. ...

U.S. has learned "hard lessons" from Vietnam War: Obama Posted: 28 May 2012 01:57 PM PDT WASHINGTON (Reuters) - President Barack Obama honored Vietnam War veterans on Monday, saying the United States had learned "hard lessons" from the conflict and promising not to send U.S. troops back into harm's way without a clear mission and strategy. Obama did not mention rising tensions with Iran and Syria or other potential threats in his remarks to veterans and military families on a hot, sunny Memorial Day, focusing instead on his efforts to wind down the Iraq and Afghanistan wars started by his predecessor George W. Bush. ...

Barney Frank Makes Awkward Trayvon Martin 'Hoodie' Joke During Commmencement Posted: 28 May 2012 01:47 PM PDT Barney Frank, the retiring Democratic congressman from Massachusetts, never known to speak anything but his mind, used his address to graduating seniors at the University of Massachusetts at Dartmouth Sunday to make a cringe-inducing joke about hoodies. "I do want to acknowledge a man who...

Romney promises world's strongest military Posted: 28 May 2012 01:45 PM PDT Republican presidential candidate Mitt Romney promised Monday to maintain an American military "with no comparable power anywhere in the world."

Canada aims to restore CP Rail service Thursday Posted: 28 May 2012 01:31 PM PDT OTTAWA/VANCOUVER (Reuters) - The Canadian government will force striking workers at Canadian Pacific Railway back to work with fast-track legislation aimed at restoring rail service by Thursday, Labour Minister Lisa Raitt said on Monday. The government introduced the legislation in the House of Commons on Monday to end a work stoppage by 4,800 locomotive engineers, conductors and rail traffic controllers at CP Rail, Canada's second-biggest railway. "From past precedent, we'd like CP Rail continuing to roll on Thursday. ...

Quebec students, government try to end strike as tourism officials fret Posted: 28 May 2012 01:22 PM PDT (Reuters) - The Quebec government opened talks with student leaders on Monday in a bid to end 16 weeks of a sometimes violent strike by students in the Canadian province that is threatening to disrupt next month's Formula One motor race in Montreal. More than 150,000 students, unhappy with proposed tuition hikes, are on strike, with many protesting noisily every night through the streets of Montreal in defiance of a new law that clamps down on demonstrations. "I think we are all obliged to resolve this, not just the government ... ...

Obama Recalls Vietnam Vets' Treatment as 'National Shame' Posted: 28 May 2012 01:13 PM PDT In his second address this Memorial Day, President Obama paid specific tribute to those perished during the Vietnam War on the 50th anniversary of its beginning. He recalled the sacrifice of the troops who served there and the unjust blame that was heaped on them...

Annan condemns "appalling crime" on visit to Syria Posted: 28 May 2012 01:13 PM PDT AMMAN (Reuters) - Peace envoy Kofi Annan denounced the killing of at least 108 people in the Syrian town of Houla as "an appalling crime" on Monday and urged President Bashar al-Assad to prove he wants a peaceful resolution to the crisis racking his country. Assad's forces killed at least 41 people in an artillery assault on the city of Hama, activists said, shortly after the U.N. Security Council condemned Friday's massacre in nearby Houla and put at least partial blame on Assad's heavy weaponry. ...

Obama says Vietnam veterans too often 'denigrated' Posted: 28 May 2012 01:10 PM PDT President Barack Obama paid tribute Monday to the men and women who have died defending America, pointing to Vietnam veterans as an under-appreciated and sometimes maligned group of war heroes who remained true to their nation despite an unwelcome homecoming.

Bankia parent group BFA posts 2011 loss of 3.3 billion euros Posted: 28 May 2012 01:00 PM PDT MADRID (Reuters) - BFA, the parent group of nationalized Spanish bank Bankia , said on Monday it had restated its 2011 results to reflect a 3.3 billion euro loss, rather than a 41 million euro profit, following a bailout from the state. In a statement to the stock exchange regulator, BFA said the restated loss reflected a review of its loan portfolios and capital needs after a new audit and as part of the clean-up plan implemented by the government. BFA last Friday asked for a public bailout of 19 billion euros ($23.8 billion) on top of an earlier cash injection of 4.5 billion euros. ...

Factbox: Five facts about "Flame" Posted: 28 May 2012 12:56 PM PDT (Reuters) - Researchers may have gleaned new information about the extent to which nations are engaged in cyber warfare with the discovery of a virus known as Flame. Kaspersky Lab, which on Monday claimed credit for uncovering Flame, believes the virus may be the work of the same nation or nations that built the Stuxnet worm that attacked Iran's nuclear program in 2010. Here are five key facts about Flame, according to researchers with Kaspersky Lab: Complexity: It is one of the most sophisticated pieces of malicious software ever discovered. It has about 20 times as much code than Stuxnet. ...

In Memorial Day Tribute, Mitt Romney Warns of Threats Around the Globe Posted: 28 May 2012 12:48 PM PDT SAN DIEGO – Delivering a Memorial Day tribute today, Mitt Romney thanked the sacrifice of servicemen and women while warning of the grave dangers around the globe, remarking frankly that "the world is not safe" before ticking off a list of grave security issues around...

Fire kills 19, mostly children, in upscale Qatar mall Posted: 28 May 2012 12:46 PM PDT DOHA (Reuters) - At least 19 foreign nationals, including 13 children, were killed in a fire that ripped through an upscale shopping mall in Qatar on Monday, the country's interior ministry said. The children were from Spain, Japan, the Philippines and Benin among other countries. A Spanish diplomatic source in Madrid told Reuters that four of the dead children were Spanish. It was not immediately clear what caused the blaze, which media reports said broke out at a childcare area at the Villagio Mall in Doha's west. ...

Turkey approves indictment of Israeli commanders: report Posted: 28 May 2012 12:44 PM PDT ANKARA (Reuters) - A Turkish court has approved an indictment seeking multiple life sentences for four former Israeli military commanders over their alleged involvement in the 2010 killing of nine Turks on a Gaza-bound aid ship, state media reported on Monday. The indictment, prepared by Istanbul state prosecutor Mehmet Akif Ekinci, was submitted to the court last week and its approval effectively marks the start of a trial in absentia against the four men. ...

Top Pentagon officer urges non-military pressure on Assad Posted: 28 May 2012 12:27 PM PDT WASHINGTON (Reuters) - The top U.S. military officer deplored the weekend massacre in Syria on Monday and urged the international community to use diplomatic and economic pressure to end the violence there. "The events in Syria over the weekend are just horrific, atrocious really," General Martin Dempsey said on "CBS This Morning" television program. Dempsey, chairman of the Joint Chiefs of Staff, said he expected international pressure to mount on Syria, where the massacre in Houla of 108 civilians, many of them children, drew U.N. National Security Council condemnation on Sunday. ...

Syrian government: Islamists behind Houla massacre Posted: 28 May 2012 12:25 PM PDT AMMAN (Reuters) - Syrian authorities on Monday blamed Islamist militants for the massacre of 108 men, women and children in the town of Houla and denied U.N. and witness accounts that army tanks were in the area at the time. In a letter to the U.N. Security Council published by state media, the Foreign Ministry said the Syrian army had clashed with hundreds of armed men who it said committed Friday's massacre. The ministry said the killers used knives, which it called a "signature" of Islamist militant attacks. ...

Damascus merchants strike over Houla killings Posted: 28 May 2012 12:24 PM PDT AMMAN (Reuters) - Sunni Muslim businesses closed in Old Damascus on Monday in the biggest act of civil disobedience by the capital's merchant class, a backbone of support for President Bashar al-Assad during Syria's 14-month revolt, activists said. The show of defiance was in protest against the massacre of at least 108 civilians in the town of Houla in central Syria, [ID:nL5E8GSF7O] and follows strikes elsewhere over the previous two days, they said. "More than 80 percent of shops have closed in some areas. ...

Leading Bahraini dissident Khawaja ends hunger strike Posted: 28 May 2012 12:24 PM PDT DUBAI (Reuters) - Jailed Bahraini activist Abdulhadi al-Khawaja ended a more than three-month-long hunger strike on Monday after what he described as his success in drawing attention to the issue of imprisoned activists, his wife and lawyer said. Bahrain, a U.S. ally and home to the U.S. Navy's Fifth Fleet, has been in turmoil since pro-democracy protests led by its majority Shi'ites erupted last year after revolts in Egypt and Tunisia. ...

Suu Kyi set for overseas venture after 24 years in Myanmar Posted: 28 May 2012 12:22 PM PDT BANGKOK (Reuters) - Nobel Peace Prize winner Aung San Suu Kyi ventures outside Myanmar for the first time in 24 years on Tuesday in an unmistakable display of confidence in the liberalisation taking shape in her country after five decades of military rule. The bright lights of Bangkok will greet Suu Kyi when she arrives in the Thai capital late on Tuesday, a stark contrast to her dimly lit home city of Yangon, where daily power outages have sparked protests by people testing the limits of freedom under a new quasi-civilian government. ...

Leading Bahraini dissident Khawaja ends hunger strike Posted: 28 May 2012 12:13 PM PDT DUBAI (Reuters) - Jailed Bahraini activist Abdulhadi al-Khawaja ended a more than three-month-long hunger strike on Monday after what he described as his success in drawing attention to the issue of imprisoned activists, his wife and lawyer said. Bahrain, a U.S. ally and home to the U.S. Navy's Fifth Fleet, has been in turmoil since pro-democracy protests led by its majority Shi'ites erupted last year after revolts in Egypt and Tunisia. ...

Zimbabwe drops charges against BBC's Petroc Trelawny Posted: 28 May 2012 11:58 AM PDT HARARE (Reuters) - BBC radio presenter Petroc Trelawny, being treated in a Zimbabwe hospital for a fractured arm, will not be prosecuted and is free to fly home, his lawyer told Reuters on Monday. Zimbabwean state lawyers decided not to prosecute Trelawny, who was detained on Thursday at an arts festival in Bulawayo and charged with working without a permit. He had fallen and injured his arm while in police custody, his lawyer said. "Yes, I'm happy to say the prosecution has declined to prosecute him. ...

Obama honors fallen troops on Memorial Day Posted: 28 May 2012 11:40 AM PDT President Barack Obama paid tribute Monday to the men and women who have died defending America, singling out Vietnam war veterans as an under-appreciated and sometimes maligned lot and saying that should never happen again.

Milan court cuts sentences on 11 Red Brigades members Posted: 28 May 2012 11:20 AM PDT MILAN (Reuters) - A Milan appeals court on Monday cut jail sentences on 11 people who claim to be part of the radical left-wing Red Brigades even as concern builds in Italy about the possibility of a return to 1970s-style political violence. The appeals court upheld an earlier conviction that the 11 belonged to an armed band and subversive group, but struck down a charge that they were terrorists, a move which cut their jail terms by between one and three years. The defendants have regularly said that they do not recognize the "bourgeois" court that was judging them. ...

RBC to book C$180 million gain on tax dispute Posted: 28 May 2012 11:16 AM PDT TORONTO (Reuters) - Royal Bank of Canada will register a C$180 million ($175.57 million) boost to its third-quarter results after resolving a tax dispute with Canada Revenue Agency in the bank's favor. RBC, Canada's largest lender, said on Monday it would release C$130 million from provisions taken to guard against potential losses stemming from the dispute. RBC spokeswoman Tanis Robinson said the bank had challenged a CRA reassessment of taxes centered on capital markets businesses the bank has since exited. "We resolved these tax matters with the CRA... ...

Vatican says trust in Church hurt by scandal Posted: 28 May 2012 11:05 AM PDT VATICAN CITY (Reuters) - The Vatican, engulfed in the worst crisis in Pope Benedict's papacy, on Monday denied Italian media reports that cardinals were suspects in an investigation into leaks of sensitive documents that led to the arrest of the pope's butler. But while denying the reports, which said the butler was merely a courier in a behind-the-scenes struggle for power in the Holy See, the Vatican acknowledged that the often sordid affair would test the faith of Catholics in their Church. ...

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