Clinton warns of "resource curse" in Papua New Guinea

PORT MORESBY (Reuters) – Secretary of State Hillary Clinton on Wednesday offered to help Papua New Guinea create a sovereign wealth fund to manage its resource revenue and avoid a “resource curse” which could fuel conflict and corruption. Read the full story from Reuters

Big Business Makes ‘Wish List’ For New GOP In Congress

Big businesses have made “wish lists” for legislation they hope the now even more divided Congress will consider, the Wall Street Journal reports. Until it becomes clear what the new lawmakers’ priorities will be, and whether they will be able to implement them, wishing may be all these businesspeople can do. Business leaders are looking […]

U.S. says open to fair criticism at U.N. rights forum

GENEVA (Reuters) – The United States is open to fair criticism of its human rights record, including racial discrimination and counterterrorism policies, when it is under U.N. scrutiny this week, a U.S. envoy said on Wednesday. Read the full story from Reuters

Republican election wave hits state houses

CHICAGO (Reuters) – The surge that gave Republicans control of the House of Representatives on Tuesday also hit state legislatures, giving Republicans power to potentially cement their hold in Congress for the next decade. Read the full story from Reuters

‘The Daily Show’ Analyzes Midterm Election Results: ‘Maybe We Can’t’

Last night after many of the midterm election winners had been called, “The Daily Show” aired a special, live episode to analyze the results with the “Best F#@king News Team Ever.” Stewart began by discussing the optimism among Democrats leading into the elections, despite everyone else insisting there would be a Republican takeover. Indeed, there […]

South Korea’s Lee says trade deal key test of U.S. will

SEOUL (Reuters) – South Korean President Lee Myung-bak said on Wednesday the United States will be sending an important message on its commitment to free trade if it finally advances a pact it signed with Seoul on opening their markets. Read the full story from Reuters