Mon, Aug 26, 2013 3:10 PM EDT 1:06
Two former Egyptian militant groups offered to call off street protests if the government agrees to ease its pressure on Islamists, a move that underscores how a onetime strong Islamist movement is now bowing to an unprecedented crackdown by security authorities. Treasury Secretary Jacob Lew said The US will hit its statutory debt ceiling in mid-October, raising the chance that the government will be forced to default on its debts. White House spokesman Jay Carney said President Barack Obama will meet Russian President Vladimir Putin next week in some fashion during the G20 summit in St Petersburg. Obama and Putin have been at odds over Russia's decision to grant temporary asylum to former U.S. spy agency contractor Edward Snowden. The move allowed Snowden to avoid facing U.S. espionage charges for revealing details of U.S. surveillance programs.