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“Let the Headlines Speak”
by From the Internet
December 8th, 2012

CBO: Feds Borrowing $4.8 billion Per Day in FY 2013, So Far
The federal government ran a deficit of $292 billion for the first two months of fiscal year 2013 – October and November 2012 – amounting to $4.8 billion of borrowed money each day. “The federal budget deficit was $292 billion for the first two months of fiscal year 2013, $57 billion more than the shortfall recorded in October and November of last year,” CBO said in its Monthly Budget Review Friday.

Doha climate talks: US faces dilemma over final text
There has been a historic shift in the UN climate talks in Qatar, with the prospect of rich nations having to compensate poor nations for losses due to climate change. The US has fiercely opposed the measure - it says the cost could be unlimited. But after angry tussles throughout the night the principle of Loss and Damage is now in the final negotiating text.

Sudan docks Iranian warships, may strain Gulf ties
Saturday's visit by Iranian warships to Sudan, the second such visit in little over a month, risks widening divisions inside the African country's government and upsetting its Gulf Arab donors. Two Iranian navy ships also visited in October, days after Sudan accused Israel of bombing a weapons factory in the capital Khartoum.

Sandy: Barack Obama asks Congress for $60bn

US President Barack Obama has requested more than $60bn (£37bn) from Congress for response, recovery and repairs in the wake of "Superstorm" Sandy. The scale of the request was welcomed by the governors of the two worst-hit states, New York and New Jersey. The White House said the storm was on track to be the second or third most costly storm in US history.

Report: Corruption Remains Widespread Global Problem
Anger over corruption has sparked mass demonstrations and even toppled governments in the past few years. But a global study published Wednesday by Transparency International finds the problem remains widespread. In Pakistan, teacher Bashir Bulti says it takes a bribe to get a job.

Philippine typhoon rescue operations hampered
Search and rescue operations following a typhoon that killed nearly 600 people in the southern Philippines have been hampered in part because many residents of this ravaged farming community are too stunned to assist recovery efforts, an official said Saturday

US consumer borrowing rises to record $2.75T
Americans swiped their credit cards more often in October and borrowed more to attend school and buy cars. The increases drove U.S. consumer debt to an all-time high. The Federal Reserve said Friday that consumers increased their borrowing by $14.2 billion in October from September. Total borrowing rose to a record $2.75 trillion.

Egyptian Opposition Rejects Dialogue with Mors
Egypt's President Mohamed Morsi has called for what he describes as a “comprehensive” dialogue Saturday with the opposition as the political crisis in the country enters its third week. Opposition leaders say they are not interested in engaging in discussions with Mr. Morsi unless a controversial presidential decree is revoked and a referendum on a draft constitution is canceled.

Supreme Court to Hear Two Challenges to Gay Marriage
The Supreme Court announced on Friday that it would enter the national debate over same-sex marriage, agreeing to hear a pair of cases challenging state and federal laws that define marriage to include only unions of a man and a woman.

Rebels circle Damascus airport; Russia, U.S. downbeat
Rebels fighting to topple Syrian President Bashar al-Assad declared Damascus International Airport a battle zone on Friday, while Moscow and Washington both sounded downbeat about the prospects of a diplomatic push to end the conflict.

Boehner says Obama pushing U.S. toward "fiscal cliff"
Republican House Speaker John Boehner accused President Barack Obama of pushing the country toward the "fiscal cliff" on Friday and of wasting another week without making progress in talks.

Looking for His glorious appearing! Titus 2:13