Jim Murphy

Genesis High-Yields Show Why Oh Why Ohio Improving: Muni Credit

Genesis HealthCare System in southeast Ohio sold $295 million of municipal bonds in the biggest junk- rated hospital deal since 2011 as investor demand for extra yield shrinks the penalty on such borrowers by 50 percent.

Arkansas Oil Spill Raises Scrutiny of Pipeline Network

An oil spill that fouled an Arkansas town is raising questions about the U.S. pipeline network and the safety of importing Canadian heavy crude, as President Barack Obama weighs whether to approve the Keystone XL project.

Obama's Climate Vow Elevates EPA Role in Keystone XL Review

The EPA found serious flaws in two earlier environmental reviews. Soon it will have another opportunity to weigh in, with climate impacts a major concern.

Labour Says It Can’t Commit to Reversing U.K. Defense Cuts

The U.K.’s opposition Labour Party said it can’t commit to reversing Prime Minister David Cameron’s defense-spending cuts, as it put aircraft carriers, unmanned drones and fighter planes at the heart of its strategy for 2015.

U.K. Risks NATO Pledge If Defense Budget Cut, Panel Says

Chancellor of the Exchequer George Osborne risks breaching a NATO agreement to keep U.K. defense spending at 2 percent of gross domestic product if he cuts the Ministry of Defence budget, a panel of lawmakers said.

U.K. Must Seek International Effort on Terror, Hague Says

Foreign Secretary William Hague said the longer the conflict in Syria goes on the more Britons will be radicalized into becoming jihadists who threaten the U.K.

Hague Rules Out Reversing U.K. Defense Cuts, Says Reports Wrong

Foreign Secretary William Hague ruled out any reversal of cuts to Britain’s defense spending, dismissing media reports that military operations against Libya have forced a rethink.

U.K. Aids France by Boosting Mali Support Force

Prime Minister David Cameron is set to deploy as many as 200 British military personnel to West Africa to help train a regional intervention force for Mali, in a further deepening of U.K. involvement in the campaign against Islamist militants.

U.K. May Fire 5,300 More Soldiers as Defense Spending Is Reduced

U.K. Defense Secretary Philip Hammond said as many as 5,300 soldiers will lose their jobs in the latest round of cuts to spending on the armed forces.

Cameron Stresses Urgency of Crisis as U.K. Lawmakers Rebel Before EU Vote

Prime Minister David Cameron stressed the urgency of resolving the euro region’s debt crisis as he tried to maintain discipline in his Conservative Party before U.K. lawmakers vote on the European Union today.

"The buzz word for first three months of 2013 was the Great Rotation, the Great Rotation, rates are going up."

- Jim Murphy on May 02, 2013

Labour Party

London

Europe

Taiwan Fishing Crew Hid to Escape Hail of Philippine Bullets

Tornado South of Oklahoma City Devastates Schools, Homes

China Trade Surplus Seen by BofA at One-Tenth Customs Figure

Tumblr’s 26-Year-Old Founder Celebrates $1.1 Billion Deal

Microsoft Updates Xbox as Apple to Facebook Gain in Games