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many -- could be the launching pad for a deal that has proven elusive since negotiations on Iran's nuclear program began in 2003. A deal would also reduce the threat of war between Iran and Israel and possibly the United States. The latter two nations' leaders have repeatedly warned they would never accept a nuclear-armed Iran.
• From the six-power perspective, the ideal solution would be for Tehran to scale back aspects of its nuclear program that many nations fear could aid in making a bomb. That would trigger a gradual lifting of the economic sanctions crippling Tehran's economy.
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Default looming on Day 14 of shutdown, Senate leaders at impasse over spending
• WASHINGTON (AP) -- The United States moved perilously closer to an economy-rattling default and a partial government shutdown entered its third week as Senate Democratic and Republican leaders remained at odds over spending in their last-ditch negotiations to end the crises gripping the nation.
• Majority Leader Harry Reid, D-Nev., and Minority Leader Mitch McConnell, R-Ky., spoke by phone Sunday but failed to agree on a deal to raise the nation's borrowing authority above the $16.7 trillion debt limit or reopen a government still shuttered on its 14th day. Congress is racing the clock with Treasury Secretary Jack Lew warning that the U.S. will quickly exhaust its ability to pay the bills on Thursday.
• The reaction of world markets and the Dow Jones on Monday could provide the necessary jolt to Senate leaders, who represent the last, best chance for a resolution after talks between President Barack Obama and House Republican leaders collapsed.
• The shutdown has furloughed 350,000 federal workers, impeded various government services, put continued operations of the federal courts in doubt and stopped the IRS from processing tax refunds. Some parks and monuments remain closed, drawing a protest at the National World War II Memorial on Sunday that included tea party-backed lawmakers who had unsuccessfully demanded defunding of President Barack Obama's 3-year-old health care law in exchange for keeping the government open.
• Economists see greater financial danger from an historical default. Christine Lagarde, the International Monetary Fund's managing director, spoke fearfully about the disruption and uncertainty, warning on Sunday of a "risk of tipping, yet again, (Continued on page 30)
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