2013.10.05

News Headlines - 04 October 2013

Shutdown Fuels Economic Concerns as Pressure Mounts on Boehner

The continued budget impasse between Republicans and Democrats in the U.S. Congress is raising concerns that the rival parties may fail to agree on raising the U.S. debt ceiling by mid-October, which could cause the government to default on its debts. Both the U.S. Treasury and the IMF have called on lawmakers to end the budget crisis as soon possible to avert possible damage to the global economy.

Chaos in Washington as man sets himself on fire at National Mall 'over government shutdown' - The Independent

Worn out by successive dramas of a political and violent kind, Washington DC emergency services were called tonight to a man who had apparently set himself on fire in the middle of the National Mall in the vicinity of numerous federal museums closed by the government shutdown, including the National Gallery.

Family identifies woman who died after Washington car chase - chicagotribune.com

Family members have identified the body of a woman who died after a tense car chase through the streets of Washington that prompted a lockdown of the U.S. Capitol, their lawyer said Friday.

BBC News - Italian Senate panel recommends Berlusconi expulsion

A cross-party panel of the Italian Senate has recommended the expulsion from the chamber of Silvio Berlusconi over his conviction for tax fraud.

Memories of Facebook cloud Twitter's IPO | Reuters

When Facebook Inc was preparing to go public last year, the telephones at Granite Investment Advisors rang off the hook as clients called about the social media's company's highly anticipated debut.


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