U.S. Top News Early Edition: Obama: Financial reform key to avoiding crisis

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Good Morning Aron, THU 22 Apr 2010    Obama: Financial reform key to avoiding crisis Greek workers strike, challenge EU/IMF talks Iran tests speed boats in "major" Gulf war games European flights back to normal Thursday China military paper spells out nuclear arms stance North Korea torpedoed South's navy ship: report Jobless claims fall, food prices lift PPI Rockets fired at Israel fall in Jordan: source Pope accepts resignation of third Irish bishop Legalizing pot may kill buzz in California enclave Crew missing after US oil rig blast Red shirts ask UN for security Mumbai's Oberoi hotel to reopen Obama: Financial reform key to avoiding crisis April 22, 2010 07:42 AM ET WASHINGTON (Reuters) - President Barack Obama will urge the Congress on Thursday not to let the chance for an overhaul of Wall Street regulations slip away and will warn of the risk of another financial crisis if reforms are not enacted. Full Article Greek workers strike, challenge EU/IMF talks April 22, 2010 09:05 AM ET ATHENS (Reuters) - Greek public sector workers walked off the job on Thursday to protest against austerity measures and press the government not to agree to further cuts as it discusses an aid package with the EU and IMF. Full Article Iran tests speed boats in "major" Gulf war games April 22, 2010 09:14 AM ET TEHRAN (Reuters) - Iran's Revolutionary Guards successfully deployed a new speed boat capable of destroying enemy ships as war games began on Thursday in a waterway crucial for global oil supplies, Iranian media reported. Full Article European flights back to normal Thursday April 22, 2010 09:13 AM ET BRUSSELS (Reuters) - European air traffic was likely to be back to normal on Thursday after the end of almost all restrictions related to the spread of volcanic ash from Iceland, European air traffic agency Eurocontrol said. Full Article China military paper spells out nuclear arms stance April 22, 2010 02:38 AM ET BEIJING (Reuters) - China must have a limited nuclear "second strike" force to deter foes from threatening it with atomic weapons, the nation's main military newspaper said on Thursday, in a rare account of Beijing's nuclear strategy. Full Article North Korea torpedoed South's navy ship: report April 22, 2010 09:18 AM ET SEOUL (Reuters) - South Korea's military believes a torpedo fired from a North Korean submarine sank its navy ship last month, based on intelligence gathered jointly with the United States, a news report said on Thursday. Full Article Jobless claims fall, food prices lift PPI April 22, 2010 09:15 AM ET WASHINGTON (Reuters) - The number of workers filing new applications for jobless aid fell last week as the labor market gradually improves, while producer price data showed inflation remained muted, despite a surge in food prices last month. Full Article Rockets fired at Israel fall in Jordan: source April 22, 2010 06:37 AM ET AMMAN (Reuters) - Two rockets were fired from the Jordanian port of Aqaba toward Israel on Thursday but landed on an empty warehouse in Jordan, a Jordanian security source said. Full Article Pope accepts resignation of third Irish bishop April 22, 2010 08:14 AM ET VATICAN CITY (Reuters) - Pope Benedict has accepted the resignation of Bishop James Moriarty, the Vatican said Thursday, bringing to three the number of Irish bishops who have stepped down due to the sexual abuse crisis. Full Article Legalizing pot may kill buzz in California enclave April 22, 2010 08:35 AM ET ARCATA, California (Reuters) - Below the perpetual fog that shrouds the redwood groves, green hills and rocky coastline of remote Humboldt County thrives a lucrative but hush-hush industry -- marijuana. Full Article

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