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Yahoo! News: Politics 

U.S. plans to arm Iraq's Sunni tribesmen with AK-47s, RPGs, mortars

By Phil Stewart WASHINGTON (Reuters) - The United States plans to buy arms for Sunni tribesmen in Iraq including AK-47s, rocket-propelled grenades and mortar rounds to help bolster the battle against Islamic State militants in Anbar province, according to a Pentagon document prepared for Congress. The plan to spend $24.1 million represents a small fraction of the larger, $1.6 billion spending re

The Guardian (U.K.) 

George Osborne’s £7bn tax cuts plan is a ‘total fantasy’, warns Vince Cable

Pledge not affordable, says business secretary, adding that chancellor’s policy would mean ‘horrific cuts to key services’The business secretary, Vince Cable, has torn into the Conservatives for promising £7bn of new tax cuts at a time of renewed uncertainty about the global economy, saying it was “total fantasy” to think they could be delivered without raising other taxes or making massive ext

Law News from Times Online 

SocGen writes off Kerviel as a footnote in history

The rogue trader who cost Société Générale almost €5 billion was dismissed as an historical footnote today by executives seeking to draw a line under France’s biggest financial scandal.

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