Top Stories: Italy Downgraded, Greece On 'Precipice,' Perry In NY

Good morning.

Our earlier headlines:

-- 'Don't Ask, Don't Tell' Fades Away, Media Say

-- Murdoch's Media Co. Offers $4.7M To Family Victimized In Hacking Scandal

-- At The UN, Palestinian Bid For Membership Dominates Discussions

Other top stories of the day so far:

-- "S&P Downgrades Italy's Credit Rating." (The Financial Times)

-- "Greece Nears The Precipice, Raising Fear of Default." (The New York Times)

-- "European Stocks Advance On 'Productive' Greece Debt Talks." (Bloomberg News)

-- "Rick Perry To Criticize Obama On Middle East." (USA Today's On Politics blog)

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