U.S. military moves in Asia not aimed at China: Gates

MELBOURNE (Reuters) – U.S. military efforts to strengthen its presence in Asia are not aimed at countering China, Defense Secretary Robert Gates said Sunday, ahead of talks on deepening defense ties with regional ally Australia. Read the full story from Reuters

Obama signals he may compromise on tax cuts

WASHINGTON (Reuters) – President Barack Obama gave his clearest signal yet on Saturday of a possible post-election compromise with resurgent Republicans that could prevent tax rates from rising for any American, even the wealthiest, come January. Read the full story from Reuters

U.S. may boost Yemen training after bomb plot: Gates

MELBOURNE (Reuters) – The U.S. military may boost training of Yemeni forces as a way to put more pressure on al Qaeda following last month’s failed parcel bomb plot, Defense Secretary Robert Gates said on Sunday. Read the full story from Reuters

Regular citizens have big security role: Napolitano

HALIFAX, Nova Scotia (Reuters) – Regular citizens around the world need to realize they can play a big role in thwarting terrorist attacks, Homeland Security Secretary Janet Napolitano said Saturday. Read the full story from Reuters

Obama wins India business

MUMBAI (Reuters) – President Barack Obama announced $10 billion in business deals on Saturday as he arrived in India to boost U.S. exports and jobs after a mauling in mid-term polls, but he ran into immediate controversy over Pakistan. Read the full story from Reuters

Obama signals may compromise on tax cuts

WASHINGTON (Reuters) – President Barack Obama gave his clearest signal yet on Saturday of a possible post-election compromise with resurgent Republicans that could prevent tax rates from rising for any American, even the wealthiest, come January. Read the full story from Reuters

Summers sees prospects for eventual budget deal

WASHINGTON (Reuters) – A bipartisan agreement to tackle huge budget deficits is achievable, though it would take a lot of work, outgoing White House economic adviser Larry Summers said on Friday. Read the full story from Reuters

Speaker Pelosi running for House minority leader

WASHINGTON (Reuters) – Speaker of the House of Representatives Nancy Pelosi ended speculation that she may quietly step aside after her Democrats lost midterm elections, announcing on Friday she will run for minority leader in the new Republican-led chamber next year. Read the full story from Reuters