Connect to share and comment

Olympics-Cash-strapped Madrid ready to host Games, bid team say

By Iain Rogers MADRID, Jan 8 (Reuters) - Madrid will be capable of staging a successful 2020 Olympics despite the parlous state of Spain's finances, officials behind the city's bid said on Tuesday. "Today the biggest weakness we have is the economy but we can overcome it," Spanish Olympic Committee (COE) president Alejandro Blanco told a news conference, a day after Madrid's bid dossier was handed to the International Olympic Committee (IOC) in Lausanne.

ANALYSIS-'Fiscal cliff' deal sours U.S. tax reform outlook

* Hopes dim for 'grand bargain' on taxes, spending * Democrats want more revenue from tax code revamp * Republicans say "cliff" deal means tax debate over * Gridlock may mean corporate tax reform hopes dashed By Kim Dixon and Kevin Drawbaugh

Reuters World News Highlights at 0415 GMT, Jan 08

Jan 8 (Reuters) - TOP STORIES ----------- GUANGZHOU, China - Hundreds of supporters of one of China's most liberal newspapers demonstrated outside its headquarters on Monday, backing a strike by journalists against interference by the provincial propaganda chief. - - - -

REFILE-Israeli minister warms to choice of Hagel for Pentagon

* Former Republican senator's record on Iran worries Jewish state * Obama seen setting tone for relations with Netanyahu government By Dan Williams JERUSALEM, Jan 8 (Reuters) - A senior Israeli diplomat has given a positive view of Chuck Hagel's nomination as U.S. defense secretary, though some commentators in the Jewish state expressed worries that the choice could open a new fissure in bedrock ties with Washington.

UPDATE 1-Venezuela opposition furious over likely Chavez inauguration delay

* Chavez still recovering from cancer surgery in Cuba * President seen too ill to return for swearing-in * Government says he will take office when health allows By Brian Ellsworth CARACAS, Jan 7 (Reuters) - Venezuela's opposition has accused the government of violating the constitution by proposing to delay cancer-stricken President Hugo Chavez's inauguration Thursday for a new term amid growing uncertainty over the polarized OPEC nation's political future.

UPDATE 1-Israel muted over Obama's Pentagon pick

* Hagel's record on Iran worries some supporters of Israel * Obama seen setting tone for relations with Netanyahu government By Dan Williams JERUSALEM, Jan 8 (Reuters) - The Israeli government kept clear on Tuesday of a brewing battle in Washington over U.S. President Barack Obama's choice for defense secretary, Chuck Hagel, whose record on Iran and Israel is under scrutiny.

ANALYSIS-Obama shows combativeness entering 2nd term but risks await

* Obama has shown toughness on Hagel, gun control, 'cliff' * "No more Mr. Nice Guy," former Obama aide says * Obama, Congress face another fiscal confrontation By Matt Spetalnick WASHINGTON, Jan 8 (Reuters) - Just two weeks before his second inauguration, President Barack Obama is acting as if he believes he has a big mandate for his next term. The latest sign: his decision to defy a concerted campaign against his choice for defense secretary.

UPDATE 4-Obama picks Hagel for defense, Brennan for CIA

* Faces Senate battle on two fronts * Hagel faces questions on Israel, gays * Brennan's previous CIA tenure under scrutiny * Moves fill out reshuffled national security team By Steve Holland and Roberta Rampton

U.N. nuclear chief Amano has no rivals for new term

VIENNA, Jan 7 (Reuters) - U.N. nuclear chief Yukiya Amano, a key figure in international diplomacy on Iran's disputed nuclear work, is set to win another four-year term as he faces no rivals for the post. A letter from the chairman of the 35-nation governing board of the International Atomic Energy Agency (IAEA) to member states of the U.N. agency, dated Jan. 7, said no other candidates had come forward by a Dec. 31 deadline.

Budget battles threaten to limit Obama's second-term agenda

* Fiscal fights may consume Washington, elbow out all else * Obama vows to push ahead with broader agenda * 'A high level of dysfunction' makes legislative wins hard By John Whitesides WASHINGTON, Jan 4 (Reuters) - After a brutal "fiscal cliff" battle, President Barack Obama's looming budget confrontation with Congress threatens to sharply curtail his second-term agenda and limit his ambitions on priorities such as immigration reform and gun control.
Syndicate content