U.S. Top News Early Edition: Lawmakers optimistic about deal on tax cuts

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Good Morning Aron, MON 06 Dec 2010    Lawmakers optimistic about deal on tax cuts Bernanke: More Fed bond buys "certainly possible" WikiLeaks lists sites U.S. says vital to interests China's Hu tells Obama Korea tension could go Continental, welder guilty in Concorde crash trial Major powers, Iran resume nuclear talks China's GDP is "man-made," unreliable: top leader Pfizer CEO Jeffrey Kindler retires, replaced by Read Merkel rebuffs IMF call to raise euro zone fund Japan defense plan wary of China's military: report Australia's Rudd silent on WikiLeaks Civilian funerals in South Korea Colombia faces massive mudslide Lawmakers optimistic about deal on tax cuts December 06, 2010 08:13 AM ET WASHINGTON (Reuters) - Senior lawmakers said on Sunday they were optimistic about striking a deal to extend Bush-era tax cuts for all taxpayers and continue emergency jobless aid for millions of long-term unemployed Americans. Full Article Bernanke: More Fed bond buys "certainly possible" December 06, 2010 08:36 AM ET WASHINGTON (Reuters) - The Federal Reserve could end up buying more than the $600 billion in U.S. government bonds it has committed to purchase if the economy fails to respond or unemployment stays too high, Fed Chairman Ben Bernanke said. Full Article WikiLeaks lists sites U.S. says vital to interests December 06, 2010 08:20 AM ET LONDON (Reuters) - Website WikiLeaks published details of sites around the globe which the United States deems vital to its interests, prompting criticism that it is helping militants identify targets for attack. Full Article China's Hu tells Obama Korea tension could go December 06, 2010 09:25 AM ET BEIJING/SEOUL (Reuters) - Chinese President Hu Jintao on Monday warned U.S. President Barack Obama that tensions on the Korean peninsula could spiral out of control if not dealt with properly, their first discussion on the issue since the North shelled the South nearly two weeks ago. Analysts said Hu's comments showed a greater sense of urgency in the Chinese leadership over the mounting tension and also an attempt to avoid the perception that Beijing is siding with its ally Pyongyang to face of Full Article Continental, welder guilty in Concorde crash trial December 06, 2010 08:57 AM ET PONTOISE, France (Reuters) - A French court Monday found Continental Airlines and a mechanic at the airline guilty of involuntary manslaughter for their part in the 2000 Concorde crash that spelled the end of the supersonic airliner. Full Article Major powers, Iran resume nuclear talks December 06, 2010 07:53 AM ET GENEVA (Reuters) - Six world powers began their first talks with Iran in more than a year on Monday, hoping the meeting will lead to new negotiations over a nuclear program the West believes is aimed at making atomic bombs. Full Article China's GDP is "man-made," unreliable: top leader December 06, 2010 08:29 AM ET BEIJING (Reuters) - China's GDP figures are "man-made" and therefore unreliable, the man who is expected to be the country's next head of government said in 2007, according to U.S. diplomatic cables released by WikiLeaks. Full Article Pfizer CEO Jeffrey Kindler retires, replaced by Read December 06, 2010 01:25 AM ET NEW YORK (Reuters) - The chief executive officer of Pfizer Inc,, the world's largest drugmaker, retired in an unexpected move to "recharge his batteries" after completing the mega merger with rival Wyeth. Full Article Merkel rebuffs IMF call to raise euro zone fund December 06, 2010 08:12 AM ET BRUSSELS (Reuters) - Euro zone finance ministers meeting on Monday face IMF pressure to increase the size of a 750 billion euro ($1,006 billion) safety net for debt-stricken members to halt contagion in the single currency bloc. Full Article Japan defense plan wary of China's military: report December 06, 2010 07:09 AM ET TOKYO (Reuters) - Japan will identify North Korea as a threat and call China's military activities a concern in a review of its defense policy that will include plans to beef up its ability to cope with Beijing's rise, a newspaper reported on Monday. Full Article

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