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

Gates says START a centerpiece of ties with Russia

SANTA CRUZ, Bolivia (Reuters) – Defense Secretary Robert Gates said on Sunday the New START nuclear treaty was a centerpiece of improved U.S. ties with Russia and failure to ratify the accord could pose “real problems for the relationship.” Read the full story

U.S. says China must press North Korea on uranium program

WASHINGTON (Reuters) – North Korea’s effort to enrich uranium is typical of its defiance of the United Nations, and major powers including China must put pressure on Pyongyang to abandon its nuclear ambitions, senior U.S. officials said on Sunday. Read the full story

Centrifuges confirm concerns on North Korea: Pentagon

WASHINGTON (Reuters) – North Korea’s effort to enrich uranium is typical of its defiance of the United Nations and major powers including China must put pressure on Pyongyang to abandon its nuclear ambitions, senior U.S. officials said on Sunday. Read the full story