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 May 31, 2011 Afternoon Update |
 TOP NEWSKarzai Warns NATO Against Air Attacks on Afghan HomesBy RAY RIVERAPresident Hamid Karzai of Afghanistan said that if airstrikes that kill civilians continue, "we will be forced to take unilateral action." House Prices Fall to New Post-Bubble Low as More RentBy DAVID STREITFELDAn index of prices in 20 cities is down 33.1 percent from the peak in July 2006 after falling for the eighth straight month in March. In Showdown Over Debt Ceiling, Neither Party Is BlinkingBy JACKIE CALMESWith House Republicans set to vote against raising the debt ceiling Tuesday, there is concern that Congress is engaging in unusually risky brinkmanship. The CaucusObama Picks Energy Executive for Commerce PostBy JACKIE CALMESConfirmation of John E. Bryson as secretary of commerce could hinge on a dispute over trade deals. The 6th Floor BlogSentence of the WeekBy SAM ANDERSONThis week's sentences were all over the place. |
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BUSINESSNew Rescue Package for Greece Takes ShapeBy LANDON THOMAS Jr.The deal being discussed would offer billions of euros in fresh loans in return for accelerated privatization and tougher tax collection measures on the part of the beleaguered Greek government. Trichet to Leave a Difficult Legacy at E.C.B.By JACK EWINGUnder his leadership, the European Central Bank has become in effect the adult supervision for quarreling political leaders. But it also is stuck with billions in shaky government bonds on its books. Bits BlogApple to Unveil New SoftwareBy NICK BILTONThe announcement, involving a cloud computing application and new versions of mobile and computer operating systems, will be made Monday at a developers conference. Nokia Abandons 2011 Profit GoalBy DAVID JOLLYThe mobile phone giant is losing market share to the iPhone on one hand, and to Samsung and Chinese manufacturers on the other. France Marshals G-20 to Combat Rising Food CostsBy MATTHEW SALTMARSHThe French government is convening a meeting in June to agree on a plan to stem volatility in the price and supply of staple foods, a source of political unrest. |
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