Bring on the Cuts: Some Want the Sequester

Mark Lucas wouldn't mind seeing America's defense budget cut by billions."There's quite a bit of waste within the military," Lucas, who serves as Iowa state director for the conservative group Americans for Prosperity (AFP), told ABC News. "Being in there for 10 years, I've seen quite a bit of it."With the budget sequester set to kick in on Friday, the former Army ranger is among...

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Italy parties seek way out of election stalemate

ROME (Reuters) - Italy's stunned political parties looked for a way forward on Tuesday after an election that gave none of them a parliamentary majority, posing the threat of prolonged instability and European financial crisis. The results, notably by the dramatic surge of the anti-establishment 5-Star Movement of comic Beppe Grillo, left the center-left bloc with a majority in the lower...

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Portugal may get more time to cut deficit: prime minister

LISBON: Portugal's prime minister on Tuesday said his country may be granted more time to meet its fiscal targets as the implementation of its international bailout was under review."There is a possibility of getting one year more to adjust the state deficit and it is very likely that this is up for discussion", Pedro Passos Coelho said as the so-called Troika of public creditors -- the...

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Pak troops violate ceasefire to provide cover fire to militant; Army kills intruder

JAMMU: Pakistani troops violated the ceasefire on Tuesday to provide cover fire to a militant who was gunned down in a fierce gunbattle with security forces along the line of control in Rajouri district of Jammu and Kashmir. "At around 1.45pm, troops guarding the borderline observed suspicious movements at Keri sector in Rajouri," PRO defence SN Acharya said. Immediately the entire area was cordoned...

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'93 WTC Bombing Crushed Lives, Not Memories

Edward Smith remembers vividly the call from the morgue 20 years ago today, that his pregnant wife had died in the World Trade Center bombing hours before she was supposed to start her maternity leave."It seems like kind of yesterday sometimes," he told ABC News, "but it seems like a long time ago, too."Today marks the 20th anniversary of the 1993 WTC bombing, which was overshadowed...

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Crédit Agricole could cut 1,400 jobs: report

PARIS: French bank Credit Agricole could cut another 1,400 jobs in 2013 at its regional branches, the daily Les Echos said Monday, but unions said no figures had yet been decided.Citing an internal document, the business daily said that Credit Agricole's regional branches expected only half of departing employees would be replaced in 2013, leading to a staff cut of 1,418 posts.The bank...

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Hyderabad blasts: NIA's claim baseless, alleges Bukhari

RAMPUR: Delhi's Jama Masjid chief cleric Syed Ahmed Bukhari has said investigation agencies have the tendency to name perpetrators of any bomb blasts in the country much before initiation and conclusion of their probes. Referring to the recent Hyderabad blasts, Bukhari said the National Investigation Agency's claim that the evidence pointed towards involvement of the Indian Mujahideen in the...

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FDA approves new targeted breast cancer drug

WASHINGTON (AP) — The Food and Drug Administration has approved a first-of-a-kind breast cancer medication that targets tumor cells while sparing healthy ones.The drug Kadcyla from Roche combines the established drug Herceptin with a powerful chemotherapy drug and a third chemical linking the medicines together. The chemical keeps the cocktail intact until it binds to a cancer cell, delivering a potent...

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Best Moments From the Academy Awards

Host Seth MacFarlane took the stage at the 2013 Oscars with an opening monologue revealing he was ready to poke fun at the star-studded audience."The quest to make Tommy Lee Jones laugh begins now," he said.But it wasn't too long before MacFarlane was interrupted. William Shatner, dressed as his iconic character Captain Kirk from "Star Trek," descended on the stage to warn MacFarlane that he...

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Gloomy Italians vote in election crucial for euro zone

ROME (Reuters) - Italy voted on Sunday in one of the most unpredictable elections in years, with many voters expressing rage against a discredited elite and doubt that a government will emerge strong enough to combat a severe economic crisis. "I am pessimistic. Nothing will change," said Luciana Li Mandri, 37, as she cast a ballot in the Sicilian capital Palermo on the first of two days...

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