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LAS VEGAS (Reuters) - President Barack Obama defended his decision to bypass Congress and overhaul U.S. immigration policy on his own on Friday, saying he was forced to act because House of Representatives Speaker John Boehner would not let legislation come to a vote.

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VIENNA (Reuters) - U.S. Secretary of State John Kerry and Iranian Foreign Minister Mohammad Javad Zarif are discussing new ideas aimed at breaking the deadlock in nuclear talks between Tehran and six world powers, sources close to the talks said on Friday.

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ISTANBUL (Reuters) - Turkey and the United States played down differences in the fight against Islamic State on Friday, but Prime Minister Ahmet Davutoglu made clear Ankara would keep pressing for a no-fly zone in Syria and President Bashar al-Assad's removal.

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In response to Spain Needs to Debate Leaving the Euro; Tooth Fairy Economics I received a nice email from Michael Pettis confirming my translation was correct. He also attached the original article in English.Michael Writes ...Thank's Mish. I am attaching the original, but the translations you got were basically right and covered the main points, which you understand anyway. Excessive debt impedes growth, and very few sovereign debt crises in history have been resolved by growthThe only other

Read more: Mish's Global Economic Trend Analysis

WASHINGTON/FERGUSON Mo. (Reuters) - Prosecutors are preparing a news conference to announce the decision of the grand jury weighing whether to bring charges against a white police officer who shot dead an unarmed black teenager in Ferguson, Missouri, officials said on Friday.

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Today King World News is featuring a piece by a man whose recently released masterpiece has been praised around the world, and also recognized as some of the most unique work in the gold market. Below is the latest exclusive KWN piece by Ronald-Peter Stoferle of Incrementum AG out of Liechtenstein.

Read more: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/11/21_A_Critical_Area_To_Watch_In_The_Gold_&_Silver_Wars.html

VIENNA (Reuters) - Iran and the United States on Friday intensified efforts to overcome deep divisions in talks on Tehran's nuclear program days ahead of a deadline for agreement.

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First up, China's central bank this morning surprised market players by dropped two key interest rates to stimulate the economy. More on that. Plus, student loan debt has topped $1 trillion, with less than 10 percent in private debt, i.e. not through the federal government. Those private lenders have been pressured to work with struggling borrowers to modify the terms of their loans. Now, it seems Wells Fargo has heard that message. And speaking of students, schools are gathering data on kids, and as student databases grow, so does the ability of technology to predict how or what a kid might do next. We take a look at the ways student data is being used to try to see into the future to predict, and change, school attendance . 

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DETROIT (Reuters) - Toyota Motor Corp will recall 422,509 of its luxury brand Lexus vehicles in the United States because of a possible fuel leak that increases the risk of fire, U.S. regulators said on Friday.

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WASHINGTON (Reuters) - U.S. Attorney General Eric Holder on Friday urged police to use restraint amid potential protests that could follow the upcoming grand jury decision in the Ferguson, Missouri case involving a police officer who shot and killed an unarmed black teenager in August.

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VIENNA (Reuters) - With three days to go to the deadline for a deal to defuse stand-off with Iran over its nuclear ambitions, Western power foreign ministers stepped away for consultations on Friday while Tehran's chief envoy canceled plans to leave the negotiations.

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TOKYO (Reuters) - Prime Minister Shinzo Abe dissolved parliament's lower house on Friday for a snap election on Dec. 14, seeking a fresh mandate for his struggling "Abenomics" revival strategy just two years after he returned to power promising that "Japan is Back".

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VIENNA (Reuters) - Iranian Foreign Minister Mohammad Javad Zarif will leave the nuclear talks with six world powers on Friday and return to Tehran for top level discussions four days before a deadline for a final agreement expires.

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This is very impressive:

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TALLAHASSEE Fla. (Reuters) - Brandishing a semi-automatic handgun and carrying extra ammunition in his pockets, a Florida State University graduate opened fire early on Thursday at his alma mater's main library, wounding two students and an employee as hundreds were studying for exams.

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WASHINGTON/DETROIT (Reuters) - An executive from Japan's Takata Corp apologized at a Senate hearing on Thursday to the victims of defective air bags that can rupture upon deployment and shoot metal shards into cars, but stopped short of taking full responsibility for deaths linked to the scandal.

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BRUSSELS/LONDON (Reuters) - Britain's relations with the European Union took another knock on Thursday when its legal challenge to a limit on bankers' bonuses was rejected by an adviser to the bloc's top court.

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WASHINGTON/DETROIT (Reuters) - Executives from Japan's Takata Corp and two automakers faced tough scrutiny from U.S. senators on Thursday over the risk of millions of potentially defective air bags that can rupture upon deployment, shooting metal shards into cars.

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MOSCOW/KIEV (Reuters) - Russia warned the United States on Thursday against supplying arms to Ukrainian forces fighting pro-Russian separatists in eastern Ukraine, hours before U.S. Vice-President Joe Biden was due to arrive in Kiev.

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VIENNA (Reuters) - A deadline for resolving a 12-year-old dispute over Iran's nuclear program may be extended from Monday until March because of sharp disagreements between Tehran and Western powers, officials close to the talks said on Thursday.

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NEW YORK (Reuters) - Snow-bound residents of western New York awoke to as much as another foot of accumulation on Thursday with possibly another 30 inches expected, meteorologists said.

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