The United States announced Friday that it will exchange ambassadors with Myanmar, also known as Burma, partly in response to the release of hundreds of political prisoners there. This is the latest development in what appears to be a dramatic turnaround for the repressive government in that Southeast Asian nation. President Obama calls the prisoner release "a substantial step forward for democratic reform." Currently, the U.S. Embassy is headed by a charge d'affaires rather than an ambassador.
A cardiologist says former Democratic presidential candidate and senator John Edwards has a life-threatening condition that will require surgery next month, a judge in Greensboro, N.C., announced today.
Standard & Poor's downgraded France's sovereign debt rating to AA+.
The AP says France's finance minister announced the downgrade, which could affect the European Union's bailout fund. France and Germany have been the Eurozone's pillars and their good credit has supported the rescues of countries like Ireland and Greece.
The Washington Postjust put out the word that it had an "exclusive interview with Joe Paterno, his first extensive comments on the Penn State scandal and its fallout," and expects to post a report about what he had to say on Saturday at 4 p.m. ET.