News for 2011-07-17

Sunday, July 17, 2011
[field_image_caption-raw] Obama Snubs Elizabeth Warren
Barack Obama finally named his nominee to head the new Consumer Financial Protection Bureau. And his name isn’t Elizabeth Warren The White House press office on Sunday announced that the president had chosen Richard Cordray, the former attorney general of Ohio to head his new agency, created when...
Read more
[field_image_caption-raw] Oil Firms in China Under Fire
BEIJING — Chinese netizens and a state press report on Sunday questioned safety standards at oil firms after a fire erupted at a plant owned by state-run CNPC -- the industry's fourth incident in six weeks. The country is still grappling with a huge oil spill off its eastern coast that has now...
Read more
[field_image_caption-raw] Syrian Forces Surround Protesting Eastern Town
Syrian tanks surrounded a town near the border with Iraq's Sunni heartland on Sunday after tens of thousands, emboldened by defections among security forces, took to the streets there denouncing President Bashar al-Assad, residents said. Assad, from the minority Alawite sect, has sent troops in to...
Read more
[field_image_caption-raw] Clinton Praises 'Vital' Austerity Measures in Greece
ATHENS, Greece -- U.S. Secretary of State Hillary Clinton said Sunday the United States strongly supports the austerity measures that Greece has taken to try to avert potential financial disaster. "We stand by the people and government of Greece as you put your country back to the path of economic...
Read more
[field_image_caption-raw] 11 Million Hungry from East Africa's Drought, Worst in 60 Years
NAIROBI, Kenya — East Africa's worst drought in 60 years is putting 11 million lives at risk, many of them in war-torn Somalia, where thousands of hungry families are making the dangerous trek across parched, violent territory to the promise of safety and food in Kenya. Aid agencies warn the...
Read more