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Deals of the Hour / June 27, 2011, 8:49 am

Breaking: Supreme Court rejects ban on violent video game sales to kids

The restriction of such materials should be the decision of the parent and not the state.  Parents can and do have a great deal of influence and power to affect a ban, if they see fit to do so.  Wal-Mart and other retailers already have restrictions on ... (Source: Hotair.com 2011-06-27T14:53:39Z)

Arrest Warrant Issued For Libyan Leader Moammar Gadhafi

Libyan government spokesman Moussa Ibrahim said said of the court's efforts, prior to Monday's proclamation, that "the ICC has no legitimacy whatsoever" and Gadhafi's forces "will deal with it." World leaders such as French President Nicolas Sarkozy ... (Source: Radar Online.com 2011-06-27T14:53:39Z)

Society hosting dinner, offering discount

Relay For Life of Belleville is holding a dinner for cancer survivors on Friday, July 15, at Belleville West High School, 4063 Frank Scott Parkway, Belleville. Registration begins at 4:30 p.m. and dinner is served at 5 p.m. The dinner is before the ... (Source: St. Louis Post-Dispatch 2011-06-27T15:00:48Z)

First Thoughts: Bachmann's turn for overdrive

Defense cuts are a possibility, says Michael Steel, a spokesman for House Speaker John Boehner (R-OH), who is going to play a key role in the final outcome of a debt-limit deal. "Boehner has always said that there's waste at the Pentagon, just like the ... (Source: MSNBC Firstread 2011-06-27T14:53:39Z)

Banks study Greek debt rollover ahead of key vote

French government sources said under an outline deal, banks would reinvest 70 percent of the proceeds when Greek bonds fall due in 2011-14 and cash out the rest. Of the amount reinvested, 50 percent would go into the new 30-year bonds and 20 percent would ... (Source: msnbc.com 2011-06-27T15:29:26Z)

Truck company in Nev. train wreck had citations

Harry Potter battled the forces of evil and now is set to conquer the web — coming to e-books in a groundbreaking deal that has delighted fans but alarmed the book industry that helped make creator J.K. Rowling a billionaire. Officials in North Dakota ... (Source: Valdosta Daily Times 2011-06-27T14:53:39Z)

Republicans firm on taxes ahead of Obama meeting

WASHINGTON (Reuters) – The Senate's top two Republicans on Sunday stood firm against including tax increases in any deal to raise the debt limit and shrink budget deficits one day before a meeting with President Barack Obama, but said the showdown need ... (Source: YAHOO! 2011-06-26T17:32:19Z)

Bachmann: 'Scare Tactics' in Debt Ceiling Issue

The three-term congresswoman from Minnesota said the U.S. could avoid a default by paying only the interest on U.S. obligations while lawmakers work on a deal to cut spending dramatically as part of a new debt ceiling. Such an approach has been derided as ... (Source: FOX News 2011-06-27T00:41:49Z)

North Dakota flood fight far from over

Overnight, crews had to deal with floodwaters seeping through storm sewer drains and levees, but none of those issues posed major threats, he said. Workers had to build another ring levee near the Broadway Bridge to protect that critical north-south route ... (Source: CNN 2011-06-27T15:07:58Z)

Cook's Tour Might Finally Bring iPhone to China

Apple COO Tim Cook's visit to China Mobile yesterday has sparked all manner of speculation that the long-in-the-offing iPhone deal between the two companies is imminent. In a research note today, Ticonderoga Securities analyst Brian White said he doubts ... (Source: All Things Digital 2011-06-23T19:59:02Z)

UPDATE 2-Berlin, Beijing to talk euro; ECB says China no rescuer

Wen's visit will include the signing of corporate deals in the auto and chemical sectors and possibly a multi-billion-dollar deal for A320 aircraft for a Chinese leasing company, participants at the Paris Air Show said on Monday. German government ... (Source: Reuters 2011-06-27T15:15:07Z)

China's Wen, Britain's Cameron unveil ??1.4 bn deals

The new British deals also concern the reopening of the Chinese poultry market for British exports, which was halted after a bird flu outbreak in Britain, and a deal to supply breeding pigs to China. The release of Hu Jia was widely seen as a move to ... (Source: Economic Times 2011-06-27T15:29:26Z)

Budget and debt talks move to the White House

President Barack Obama huddled in the Oval Office with Senate Majority Leader Harry Reid on Monday, opening a day of bipartisan talks aimed at reaching a deal to cut government spending and raise the nation's debt limit. Obama was to meet separately at the ... (Source: Times-Leader 2011-06-27T14:53:39Z)

Amtrak-truck crash kills 2, injures 20 in Nevada

"It crashed before we got on it," said Amtrak passenger Nick Pfaff. Pfaff and his family had tickets to board the ill-fated train in Reno. "We were thinking if we had got on a little earlier, it would have been us. So we're thankful to be OK," said Pfaff. (Source: KABC 2011-06-25T07:32:12Z)

On the Line

The May 1 commando strike in Abbottabad, Pakistan, that killed Osama Bin Laden demonstrated one thing conclusively: that the United States cannot rely on Pakistan to deal with the al-Qaida threat. We don't know for sure yet if the Pakistani intelligence ... (Source: Tablet Magazine 2011-06-27T15:07:58Z)

Sarkozy: Banks accept Greek debt rollover

"It is a very interesting model." The head of Germany's biggest commercial bank, Deutsche Bank , which has only a tiny holding of Greek debt, warned against rushing a deal on private sector involvement. "Political leaders expect a solution by the end of ... (Source: msnbc.com 2011-06-27T15:22:17Z)

Supreme Court lifts limits on sale of violent video games to minors

Justice Samuel A. Alito Jr. , joined by Chief Justice John G. Roberts Jr. , applauded California's effort to deal with a "serious social problem: the effect of exceptionally violent video games on impressionable minors." But they too voted to strike down ... (Source: Los Angeles Times 2011-06-27T15:43:45Z)

International judges order arrest of Moammar Gadhafi

"The ICC has no legitimacy whatsoever. We will deal with it. ... All of its activities are directed at African leaders," government spokesman Moussa Ibrahim told reporters Sunday. In Brussels, NATO Secretary-General Anders Fogh Rasmussen said the court's ... (Source: Anderson Independent-Mail 2011-06-27T15:07:58Z)

FOREX-Euro on defensive as Greece worries persist

"Most investors expect Greece's vote to get through, but they still want to lighten their positions in the euro to remove risk as there is a great deal of uncertainty." The euro, which plumbed a record low against the Swiss franc at around 1.1800 on Friday ... (Source: Reuters 2011-06-27T04:45:12Z)

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