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Wednesday, April 10, 2013

Morning Digest: Obama budget targets millionaires, replaces sequester cuts

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04/10/2013
Reuters   Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the   politics in between
Obama budget targets millionaires, replaces sequester cuts
WASHINGTON (Reuters) - The White House on Wednesday proposed a budget that sharply trims the U.S. deficit over three years by forcing millionaires to pay more in taxes and enacting spending cuts that replace the "sequester" reductions that went into place last month..
South Korea increases surveillance as North moves missiles
SEOUL/WASHINGTON (Reuters) - South Korea said on Wednesday there was "very high" probability that North Korea, engaged in weeks of threats of war, would launch a medium-range missile at any time as a show of strength despite diplomatic efforts to soften its position..
Stock futures point to higher start
LONDON (Reuters) - Stock index futures pointed to a higher open on Wall Street on Wednesday, with the Dow Jones set to scale new peaks after hitting a record closing high in the previous session..
Beyonce and Jay-Z's Cuba trip part of growing cultural travel trend
MIAMI (Reuters) - When the Treasury Department approved a cultural trip to Cuba last week, it had no idea that those traveling included American pop superstar Beyonce and her rapper husband Jay-Z, according to people familiar with the four-day visit..
Tiger still on major record pace, says Golden Bear
AUGUSTA, Georgia (Reuters) - Jack Nicklaus was startled to learn that Tiger Woods has not won a major in nearly five years but the golfing great is convinced his younger fellow American will go on to eclipse his record total of 18 wins..
Sleaze-raking French website has political elite quaking
PARIS (Reuters) - A fledgling investigative website has made its mark as the top French media exposing government sleaze, with its coup against a minister leaving national newspapers playing catch-up and other politicians quaking..
U.S. Air Force eyes mixed approach for next weather satellite
COLORADO SPRINGS, Colorado (Reuters) - The U.S. Air Force will likely opt for a mixed approach for a next-generation weather satellite that includes smaller spacecraft, according to top Air Force officials..
Luck of the draw for Thai army recruits
BANGKOK (Reuters) - Winai Sawaengkarn closes his eyes before reaching into a wooden box and drawing a black card. He beams, and his watching mother sweeps him up into a tight embrace, overjoyed that he will not have to serve in the army..
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