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May 22, 2012

Economy: Economic News, Policy & Analysis - The Washington Post: Group of Eight set to meet; France’s Francois Hollande to first visit Obama

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Economy: Economic News, Policy & Analysis - The Washington Post
Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.
Group of Eight set to meet; France's Francois Hollande to first visit Obama
May 16th 2012, 00:06

Leaders of the world's eight richest economies are set to gather at Camp David this weekend amid questions about Europe's spiraling debt crisis.

But before they do, one key player, French President Francois Hollande, will stop by the White House to introduce himself to President Obama.

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Economy: Economic News, Policy & Analysis - The Washington Post: Featured Advertiser

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Economy: Economic News, Policy & Analysis - The Washington Post
Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.
Featured Advertiser
May 18th 2012, 00:28

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Economy: Economic News, Policy & Analysis - The Washington Post: What austerity looks like around the world

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Economy: Economic News, Policy & Analysis - The Washington Post
Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.
What austerity looks like around the world
May 22nd 2012, 15:40

We've noted before that most countries in Europe are engaged in "austerity" — defined as some mix of spending cuts and tax increases. But what's the actual mix?

Here's a helpful graph from the OECD's latest Economic Outlook. It shows the projected change in the "primary balance" of the world's wealthiest countries between 2011 and 2013. (This is the budget after accounting for the effects of economic growth — after all, if there's a recession and tax receipts go down as a result, we don't want to count that as a "tax cut.")

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Philly.com News: Man shot dead in Philadelphia's Kensington section

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Man shot dead in Philadelphia’s Kensington section
May 22nd 2012, 15:05

A 20-year-old man was shot and killed early today in Kensington, police said. Hit multiple times by gunfire about 1:10 a.m., the victim ran into his house on the 2900 block of Rorer Street and collapsed, police said.

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U.S. News: DEA agents investigated for hiring prostitutes in Colombia

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U.S. News
Stories from NBC reporters around the country.
DEA agents investigated for hiring prostitutes in Colombia
May 22nd 2012, 14:58

By msnbc.com staff and news services

At least two U.S. Drug Enforcement Administration agents reportedly are facing a Justice Department probe for hiring prostitutes in Colombia.

The alleged incident took place when Secret Service agents also were in Colombia for President Obama's visit in mid April and hired prostitutes, but they are not directly related, CBS News reported.


According to The Associated Press, the investigation of the "allegations about potential misconduct" is based on information provided by the Secret Service, the DEA said. The agency is making its employees available to be interviewed by investigators with the office of the Justice Department inspector general, the DEA said.

 

Sen. Susan Collins of Maine, the top Republican on the Senate Homeland Security and Governmental Affairs Committee, said in a statement that she had been briefed about the involvement of two or more DEA agents on May 4 but was asked to withhold public comment until the agents could be taken out of Colombia and questioned.

"It's disturbing that we may be uncovering a troubling culture that spans more than one law enforcement agency," Collins said.

"In addition to the Secret Service scandal, we now learn that at least two DEA agents apparently entertained female foreign national masseuses in the Cartagena apartment of one of the agents. The evidence uncovered thus far indicates that this likely was not just a one-time incident."

Rep. King says he won't meet with Colombian prostitute at center of Secret Service scandal

According to CBS, the Justice Department is working with the DEA, the U.S. Secret Service, the inspector general for the Department of Homeland Security and the State Department's Diplomatic Security Service on the investigation.

Unlike the Secret Service, the DEA has permanent offices in Colombia.

"DEA takes allegations of misconduct very seriously and will take appropriate personnel action, if warranted, upon the conclusion of the [Office of the Inspector General's] investigation," a statement released by a DEA spokesperson to CBS read.

Prostitution is legal in Colombia.

The Associated Press contributed to this report.

More world news from msnbc.com and NBC News:

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U.S. News: Motorcycle deaths stay at same level despite overall safer roads

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U.S. News
Stories from NBC reporters around the country.
Motorcycle deaths stay at same level despite overall safer roads
May 22nd 2012, 15:11

By Tom Costello, NBC News

A report released today by the Governors Highway Safety Association finds that no progress was made in reducing motorcyclist deaths in 2011, even as overall highway traffic deaths declined.

Based upon preliminary data for the first nine months of the year, from 50 states and the District of Columbia, GHSA projects that motorcycle fatalities remained at about 4,500 in 2011, the same level as 2010.

Meanwhile, earlier this month, the National Highway Traffic Safety Administration projected that overall motor vehicle fatalities declined 1.7 percent in 2011, reaching their lowest level since 1949.

Motorcycle deaths remain one of the few areas in highway safety where progress is not being made.

"It is disappointing that we are not making progress in motorcycle safety," said GHSA Chairman Troy Costales in a statement, "particularly as fatalities involving other motorists continue to decline. As the study notes, the strengthening economy, high gas prices, and the lack of all-rider helmet laws leave me concerned about the final numbers for 2011 and 2012. Every motorcyclist deserves to arrive at their destination safely. These fatality figures represent real people – they’re family, friends and neighbors."

Comparing the first nine months of 2010 with 2011, motorcyclist fatalities decreased in 23 states, with notable declines in many.

On the other hand, 26 states and the District Columbia showed an increase in motorcyclist deaths.

The economy influences motorcycle travel in several ways. With the economy improving in 2011 and furthering strengthening in 2012, more people will have disposable income for purchasing and riding motorcycles. At the same time, rising gas prices may cause more people to choose motorcycles for transportation because of their fuel efficiency.

The Governors Highway Safety Association is a nonprofit association representing the highway safety offices of states, territories, the District of Columbia and Puerto Rico.

The full report is available here.

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Your 2 hourly digest for U.S. News

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U.S. News
Stories from NBC reporters around the country.
DEA agents investigated for hiring prostitutes in Colombia
May 22nd 2012, 14:58

By msnbc.com staff and news services

At least two U.S. Drug Enforcement Administration agents reportedly are facing a Justice Department probe for hiring prostitutes in Colombia.

The alleged incident took place when Secret Service agents also were in Colombia for President Obama's visit in mid April and hired prostitutes, but they are not directly related, CBS News reported.


According to The Associated Press, the investigation of the "allegations about potential misconduct" is based on information provided by the Secret Service, the DEA said. The agency is making its employees available to be interviewed by investigators with the office of the Justice Department inspector general, the DEA said.

 

Sen. Susan Collins of Maine, the top Republican on the Senate Homeland Security and Governmental Affairs Committee, said in a statement that she had been briefed about the involvement of two or more DEA agents on May 4 but was asked to withhold public comment until the agents could be taken out of Colombia and questioned.

"It's disturbing that we may be uncovering a troubling culture that spans more than one law enforcement agency," Collins said.

"In addition to the Secret Service scandal, we now learn that at least two DEA agents apparently entertained female foreign national masseuses in the Cartagena apartment of one of the agents. The evidence uncovered thus far indicates that this likely was not just a one-time incident."

Rep. King says he won't meet with Colombian prostitute at center of Secret Service scandal

According to CBS, the Justice Department is working with the DEA, the U.S. Secret Service, the inspector general for the Department of Homeland Security and the State Department's Diplomatic Security Service on the investigation.

Unlike the Secret Service, the DEA has permanent offices in Colombia.

"DEA takes allegations of misconduct very seriously and will take appropriate personnel action, if warranted, upon the conclusion of the [Office of the Inspector General's] investigation," a statement released by a DEA spokesperson to CBS read.

Prostitution is legal in Colombia.

The Associated Press contributed to this report.

More world news from msnbc.com and NBC News:

Follow us on Twitter: @msnbc_world

thumbnail Woman stabs, kills two tourists in Atlantic City, police say
May 22nd 2012, 14:10

Police say Antoinette Pelzer, 44, stabbed and killed two Canadian tourists in Atlantic City.

By Kelly Bayliss and Dan Stamm, NBC10.com

Two Canadian women staying at an Atlantic City casino were stabbed and killed Monday in what appears to be a random attack in broad daylight, Atlantic County prosecutors told NBC10.

Police tell NBC10's Ted Greenberg the deadly stabbing happened outside of the AtlantiCare Regional Medical Center, City Campus, across from Bally's Casino on Michigan and Pacific Aves around 10 a.m. as the women walked towards The Walk outlet stores.

For more, visit NBC10.com

Witnesses told investigators that a woman who was later identified as 44-year-old Antoinette Pelzer was trying to rob one of the victims: a 47-year-old and an 80-year-old both from Canada.

Bail is set at $2 million for Pelzer, who was taken to the Atlantic County Jail on Tuesday morning, according to The Press of Atlantic City.

Police Officer Jacob Abbruscato was patrolling the area and saw the attack in progress. Investigators say he ordered Pelzer to drop the knife and then arrested her.

The victims were rushed into nearby AtlantiCare Regional Medical Center with stab wounds to the upper body. Both women died Monday afternoon, according to prosecutors.

Police say the attack appeared to be random and unprovoked.

Pelzer was being held on $250,000 charged with two counts of aggravated assault, robbery and weapons charges. She has a Pennsylvania license and police were trying to figure out how long she has been staying in A.C.

Police say homicide charges are expected to be added. Police are not releasing the names of the victims at this time.

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Economy: Economic News, Policy & Analysis - The Washington Post: How Thomas Edison, Mark Zuckerberg and Iron Man are holding back American innovation

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Economy: Economic News, Policy & Analysis - The Washington Post
Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.
How Thomas Edison, Mark Zuckerberg and Iron Man are holding back American innovation
May 22nd 2012, 14:15

America needs its heroes, and it's no different when it comes to innovation. "From Thomas Edison to Iron Man, you have this idea of single combat warriors working feverishly in the threadbare den of solitude," scientist Eric Isaacs said at a Washington conference Monday, dropping a reference to the Marvel superhero who discovers a boundless source of clean energy. But it's rarely the case that ideas are born, fully fledged, out of the heads of geniuses, just in time to save the world—outside the realm of fiction at least.

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Economy: Economic News, Policy & Analysis - The Washington Post: Why is no one talking about Massachusetts?

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Economy: Economic News, Policy & Analysis - The Washington Post
Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.
Why is no one talking about Massachusetts?
May 22nd 2012, 14:55

Perhaps the weirdest part of this election is that no one is talking about the Massachusetts health reforms. As Jon Cohn writes, "given that Mitt Romney signed these reforms into law while he was governor and President Obama used the Massachusetts reforms as a model for national reforms," you would expect them to be central to the campaign. But day-to-day, they're entirely absent.

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Breaking News: CBS News: Whitney Houston's final recording released

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Breaking News: CBS News
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Whitney Houston's final recording released
May 22nd 2012, 13:55

"Celebrate," a duet with Jordin Sparks from their film "Sparkle," will be available on iTunes June 5

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Breaking News: CBS News: Watch: SpaceX lifts off for space station mission

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Watch: SpaceX lifts off for space station mission
May 22nd 2012, 12:06

For the first time, a private business is sending a spaceship to the International Space Station. The SpaceX rocket lifted off on an unmanned space mission. CBS News correspondent Mark Strassmann reports.

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Breaking News: CBS News: More discipline doled out in Dover mortuary case

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More discipline doled out in Dover mortuary case
May 22nd 2012, 14:32

Colonel, civilian workers reprimanded for retaliating against whistleblowers on mishandling of war dead remains

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