Obama To Banks: We're Not Defaulting -- FOX News
While officials from the Obama Administration raised their rhetoric over the weekend about the possibility of a debt default if the debt ceiling isn't raised, they privately have been telling top executives at major U.S. banks that such an event won’t happen, FOX Business has learned.
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MIDDLE EAST
More deaths, arrests as Syria presses crackdown. US calls Syria military 'barbaric'. Syria ends ban on opposition parties but ensures they will never win power.
Israel announces housing reforms amid large protests.
Hezbollah on edge in face of Syria revolt.
Hamas executes two Gazans as spies for Israel.
Yemeni military and tribesmen push back militants in south.
After leak, Amnesty's website blocked in Saudi Arabia.
ASIA
China orders safety review after high-speed rail crash.
India and Pakistan prepare for peace talks.
NKorea food shortage worst in years.
Kazakh presidential aide hints at successor.
Aquino to China: Filipinos will defend territory.
China steps up web monitoring, driving many Wi-Fi users away.
AFRICA
The West, rebels contemplate Gadhafi staying. U.N. envoy, rebels say no Libya peace plan yet.
Morocco plane crash kills 78.
Egyptian protesters sue military government, raising tensions. Key Egyptian trial postponed, further raising tensions.
South Sudan accuses Khartoum of 'currency war'.
Africa famine: £220 million urgently needed. UN set to airlift food to African famine zone.
EUROPE
Russia faces a crisis of rural depopulation.
GDP figures mean Britain will miss its economic growth targets.
Norway shooting: long process of identifying Anders Breivik's victims begins. Norway killer could be held in 'luxury prison'.
Unsettling wariness in Norway, where cops are rarely armed.
N.Kosovo calm as border standoff continues. EU mission calls for dialogue to resolve Kosovo crisis.
Merkel under fire on euro rescue.
U.S. puts Russian officials on visa blacklist.
AMERICAS
House GOP revolts against Boehner plan.
U.S. could avoid default a few days longer, new reports say.
President Obama, House Speaker Boehner present dueling debt-limit plans to nation.
California seeks $5B ’bridge’ loan to pay bills.
Prison fight leaves 17 dead in Mexican border city.
Cuba marks Revolution Day at economic crossroads.
Bodyguards kill Colombian gang leader.
ATF accused in Congressional report of 'arming' cartel for 'war' through operation fast and furious.
California "Dream Act" approved for illegal immigrants.
Chicago police use more deadly force as gang war heats up.
TERRORISM/THE LONG WAR
US: bin Laden death ups terror risk for Americans.
US argues against disclosure in terror case.
DHS releases status report on 9/11 recommendations, cites progress.
Internal divisions resolved, claims Caucasus Emirate.
ECONOMY/FINANCE/BUSINESS
BP reports quarterly profit of $5.3bn.
Soros to close Quantum fund to outsiders.
Investor fear rises over US gridlock.
Sort out your debt crisis or the world will suffer, IMF tells U.S.
Wealth gap widens between whites, minorities.
Saudi billionaire backs News Corp structure: report.
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