Obama to speak to South Korea’s Lee after attack

ABOARD AIR FORCE ONE (Reuters) – U.S. President Barack Obama will speak to South Korean President Lee Myung-bak after an artillery attack by the North on a South Korean island, White House spokesman Bill Burton said on Tuesday. Read the full story

Obama economic aide Farrell stepping down

WASHINGTON (Reuters) – The White House said on Monday that Diana Farrell would step down as a deputy director of President Barack Obama’s National Economic Council, marking the latest Obama administration staff departure. Read the full story

Kocherlakota repeats support for Fed’s new easing

SIOUX FALLS, South Dakota (Reuters) – The Federal Reserve’s latest effort to drive down borrowing costs to help economic recovery is a “move in the right direction,” a top Fed official said on Monday. Read the full story

Japan minister quits but hurdles remain for PM

TOKYO (Reuters) – Japan’s justice minister resigned on Monday in a bid to prevent a row over a gaffe delaying the enactment of an extra budget, but hurdles remain for Prime Minister Naoto Kan as he struggles with a divided parliament. Read the full story

U.S. open to North Korea talks despite nuclear advances

SEOUL (Reuters) – The United States and its allies on Monday accused North Korea of being a danger to the region after it showed off its latest advances in uranium enrichment, but Washington said it was still open to talks. Read the full story

Pentagon to issue report on gays in military November 30

SANTA CRUZ, Bolivia (Reuters) – A long-awaited Pentagon report on the impact of lifting the ban on gays serving openly in the U.S. military will be sent to Congress and released publicly on November 30, Defense Secretary Robert Gates said on Sunday. Read the full story