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US economic growth accelerated to a 2.9 percent annual rate in the third quarter, boosted by a big jump in exports and solid consumer spending, the Commerce Department reported Friday. In this initial estimate of gross domestic product, the Commerce Department also credited personal consumption for the positive result. "These data likely overstate growth significantly," Ian Shepherdson, chief economist at Pantheon Macroeconomics said.
By Joe Bavier ABIDJAN (Reuters) - Ivory Coast's President Alassane Ouattara hopes Sunday's referendum on a new constitution will finally turn the page on years of crisis and bloodshed. Most of his audience were Gbagbo supporters whose refusal to accept Ouattara's 2010 election win sparked a war that killed over 3,000.
SPRINGFIELD, Ill. (AP) — Illinois Republican U.S. Sen. Mark Kirk has raised his Democratic rival's immigrant background and mocked her family's history of military service, saying he had forgotten the congresswoman's "parents came all the way from Thailand to serve George Washington."