POLITICAL HOT TOPICS: Tuesday, October 16, 2012
October 16th, 2012
04:39 AM ET
2 years ago

POLITICAL HOT TOPICS: Tuesday, October 16, 2012

The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world. Click on the headlines for more.

WASHINGTON/POLITICAL

CNN Security Clearance: Clinton: I’m responsible for diplomats’ security
Secretary of State Hillary Clinton on Monday tried to douse a political firestorm around the deadly assault on a U.S. diplomatic mission in Libya, saying she is responsible for the security of American diplomatic outposts.

CNN: Five things to watch for in Tuesday's debate
President Barack Obama and Republican challenger Mitt Romney face off Tuesday in the second of their three debates, this one in a town hall-style setting in which they'll take questions from likely voters. The stakes couldn't be higher: Obama must get his campaign back on track after a poor performance in the first debate. For Romney, who polls among voters showed won the first debate overwhelmingly, a second strong performance would boost his momentum. Here are five things to watch for on Tuesday.

CNN: Report on government waste cites 'robosquirrels,' tax breaks for NFL
The government wasted billions of dollars this year by allowing questionable tax breaks and paying for unnecessary programs even as the economy faltered, a Republican senator charged in a report released Monday.

CNN: George McGovern admitted to hospice
Former presidential nominee and Sen. George McGovern has been admitted to a hospice in Sioux Falls, South Dakota, a spokeswoman for the facility said Monday. McGovern, 90, is best known for his unsuccessful 1972 campaign for president as the Democratic nominee against incumbent Republican Richard Nixon.

NATIONAL

CNN: Nobel Prize for economics awarded to two U.S. economists
Alvin E. Roth of Harvard University and Lloyd Shapley of UCLA have been awarded the Nobel Prize in economics for their work in market design and matching theory, the Royal Swedish Academy of Sciences announced Monday.

CNN: Police release names of suspected johns in Maine prostitution case
Police in Kennebunk, Maine, on Monday released the names of close to two dozen people suspected of paying to have sex with a fitness instructor at her Zumba studio. The release came after a court ruled against a temporary restraining order to block the identities from getting out.

CNN: Toddler dies from E. coli after trip to county fair
The number of cases of E. coli stemming from a county fair in North Carolina has grown to 38, including one child who died, the state's department of health said Monday. More than 165,000 people attended the Cleveland County Fair, which ended October 7.

CNN: Video of police beating in Brooklyn sparks investigation
A New York police officer is under investigation after a video emerged showing him beating a 21-year-old man at a community center in Brooklyn, police said Monday. The incident occurred at 5 a.m. on October 8, after police received a call about a dispute at the ALIYA Center in the Crown Heights section of Brooklyn, police said.

INTERNATIONAL

CNN: Trial set to open in case of oil spill that blackened French, Spanish coasts
Nearly a decade after what many consider Spain's worst environmental disaster, a trial begins Tuesday over the massive oil spill in November 2002 that blackened hundreds of miles of coastline along Spain and France. The oil tanker Prestige issued an alarm on November 13, 2002, in a storm with gale-force winds off northwest Spain in an area known as "the Coast of Death," famous for numerous shipwrecks.

CNN: Rebel leaders, Filipino officials sign landmark peace deal
Filipino government officials and Muslim rebel leaders signed a landmark peace deal Monday aimed at ending a long-running insurgency in the nation's troubled south. The provisional accord paves the way for a new autonomous region to be administered by Muslims in Mindanao, according to President Benigno Aquino III, who met with the rebels at the presidential palace in Manila.

CNN: UK to decide on hacker McKinnon extradition to U.S.
UK Home Secretary Theresa May is set to announce Tuesday whether Gary McKinnon, who has admitted to breaking into computers at NASA and the Pentagon, will be extradited to the United States.

CNN: Cuba eases travel restriction for citizens
Starting next year, Cubans traveling abroad will face fewer hurdles leaving the country. The official news site Granma reported Tuesday that the Cuban government will no longer require a travel permit and a letter of invitation. Until now, Cubans had to pay $150 for an exit visa. A resident in the country that the Cuban wanted to visit would also have to write a letter of invitation.

BUSINESS

CNNMoney: Indonesia: The newest BRIC?
The-so called BRIC nations may need to add a fifth member: Indonesia. Brazil, Russia, India and China were once considered the hottest emerging markets in the world. But they have been skidding this year. Indonesia, on the other hand, remains one of the fasting growing economies thanks to a rising middle class and strong domestic consumption.

CNNMoney: Stocks end higher on earnings and economic data
U.S. stocks moved higher Monday as investors welcomed a sharp rise in retail sales and better-than-expected quarterly earnings from Citigroup. The Dow Jones industrial average gained 0.7%, the S&P 500 rose 0.8%, and the Nasdaq advanced 0.6%.

CNNMoney: Citigroup not as optimistic about housing rebound
Citigroup's third-quarter profits and revenues exceeded expectations, yet the bank did not see the same lift from the boom in mortgage refinancing as its competitors. The bank said that revenues from new mortgages and refinancings increased its retail banking revenues by 6%. Still, Citigroup's chief financial officer John Gerspach admitted that the bank was slower to catch the wave of refinancings and new mortgages that boosted sales and profits at competitors JPMorgan Chase and Wells Fargo.

In case you missed it…
The presidential race is locked up in several key states that will certainly help determine the outcome of the election.


Filed under: Political Hot Topics
soundoff (2 Responses)
  1. Guest

    If you cant run on your record...attack your opponent! We know where Obama will be going.

    October 16, 2012 06:31 am at 6:31 am |
  2. Gurgyl

    My question why not Mitt Romney show Ten yr taxes???? All cayman island, Bermuda, Swiss accts??????please show 47% comment...

    October 16, 2012 07:10 am at 7:10 am |