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Irans Ahmadinejad denounces election decision
TEHRAN, Iran -; Iranian President Mahmoud Ahmadinejad says a decision by election overseers to disqualify his top aide from an upcoming presidential race is an act of "oppression" and he will take the case to the country's Supreme Leader Ayatollah Ali ...
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ECB FOCUS-Target2 charts progress since Draghis save the euro pledge
By Sakari Suoninen FRANKFURT | Wed May 22, 2013 4:36am EDT FRANKFURT May 22 (Reuters) - Almost a year after ECB President Mario Draghi vowed to do whatever it takes to save the euro, a key indicator of euro zone tension is much diminished and economic recovery will likely bring further improvement. Little heard of before the debt crisis exploded, the currency area's Target2 payments ...
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Shale Gas Could Be UKs New North Sea
Shale gas development in the U.K. could create 74,000 jobs and halve the country's future dependency on gas imports, according to a new report by the Institute of Directors, a U.K. business lobbying group. "Shale gas could be a new North Sea for Britain, creating tens of thousands of jobs, supporting our manufacturers and reducing gas imports," said Corin Taylor, a senior economic ...
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Afghan students protest womens rights decree
KABUL, Afghanistan (AP) -- Hard-line Islamist students are protesting in the Afghan capital demanding the repeal of a presidential decree for women's rights that they say is ...
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FTSE edges down in early trading as investors await clues from US
FTSE 100 endured early weakness this morning, having hit 13-year highs in the previous session, as investors trade cautiously awaiting further clues from the ...
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Turkey tries wealth amnesty to lure back offshore cash with 2pc tax rate
Daren Butler - 22 May 2013 THE Turkish parliament has passed a "wealth amnesty" law designed to lure back funds held abroad by affluent Turks without punitive taxes and ...
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Europe Needs Big Reforms Bank of Canadas Carney
Europe could face a decade of stagnation unless it makes big reforms and should heed the lessons of Japan, Bank of Canada Governor Mark Carney said on Tuesday as he highlighted Japan's bold moves to bolster growth.In his final speech as Canadian central bank chief before taking over the Bank of England on July 1, Carney said Europe's recessionary economy is being held back by fiscal ...
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Officials say Benghazi suspects under surveillance
Five men are under round-the-clock U.S. surveillance in Libya, wanted for questioning in the attack last year on the diplomatic mission in Benghazi, ...
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Anthony Weiner launches bid to become NYC mayor
Anthony Weiner 's run for a renaissance is officially on. The ex-congressman whose career imploded in a rash of raunchy tweets two years ago said in a YouTube video announcement late Tuesday that he's in the New York City mayoral race. He'd said last month he was considering it. "I made some big mistakes and I know I let a lot of people down, but I also learned some tough ...
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Apple paid €5m to Dutch tax authorities last year Volkskrant
Computer giant Apple, under fire at home in the US for avoiding tax, paid an estimated €5m to the Dutch tax office last year, according to calculations by the Volkskrant. ...
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Early vote points to close race as L.A. picks mayor
Campaign of mayoral candidate Greuel meeting with voters. Despite the high stakes, the race has been a mostly low-drama affair between two government regulars. In a city known to yawn at local politics, turnout is expected to be sparse, perhaps only one in four voters will go to the polls. (AP ...
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Up to 30 hurt in crash in northwest Ohio
Bowling Green was closed for a couple hours following Tuesday night's crash, but has since been reopened. Initial reports indicated that the passengers of the two vehicles were taken to local hospitals but were not badly hurt. Toledo News Now reports that a Toyota Camry was rear-ended by a bus transporting employees of ...
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Gucci bags luxury gains at LVs expense
LVMH remains the most valuable luxury brand for an eighth straight year, rivals are better managing the trade-off between exclusivity and affordability, according to the report.The value ...
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Companies give €21m to charity
22 May 2013 OVER EUR21m was donated by 46 of Ireland's largest companies to charities and community groups last year, according to new research. Business in the Community Ireland has launched an interactive online map, which gives a county-by-county breakdown of how much companies and employees supported their local community groups and charities in ...
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Shake-up at Intel as CEO creates new devices unit
Intel 's new chief executive, Brian Krzanich, has reorganised key business groups and created a "new devices" unit, according to a source who has seen an internal email, shaking up the world's top chipmaker days after formally assuming ...
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Bankers face tighter curbs on bonuses in EU shake-up
Ben Moshinsky - 22 May 2013 Bankers who make more than their bosses could be ensnared by European Union bonus curbs even if their total pay is less than EUR500,000, under proposals from the EU's top regulator of the ...
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Markets nervous over US fears
John Mulligan - 22 May 2013 EUROPEAN stock markets were nervous throughout yesterday, amid fears that the US could begin reining in stimulus tools designed to kick-start growth in the world's largest ...
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Germans upbeat on spring growth after cold winter
Bundesbank said Germany's economic recovery will gather pace in the current quarter after an exceptionally long winter damped growth at the beginning of the ...
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Marks Spencer sees shares surge despite lowest profits in four years
John Mulligan - 22 May 2013 Shares in Marks & Spencer soared over 6pc yesterday even after it reported its lowest profits in four ...
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Mysterious respiratory illness kills 2 in southeast Alabama
MONTGOMERY, Ala. – A mysterious respiratory illness has left five people hospitalized and two dead in southeast Alabama, state health officials said Tuesday. Seven people have been admitted to hospitals with a fever, cough and shortness of breath in recent weeks, Alabama Department of Public Health spokeswoman Mary McIntyre said in a statement. Two of the seven have died. The Alabama ...
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Portland Ore. rejecting water fluoridation
PORTLAND, Ore. -; Residents are voting to keep Portland, Ore., as the largest U.S. city without fluoride in the water or any plans to add ...
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Oklahoma short on storm shelters
Oklahoma know all too well the destructive power of a tornado, but when a big one rolled toward the town of Moore again on Monday, residents had few basements ...
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Immigration bill clears key Senate panel
Senate Judiciary Committee 's action, saying the bill was consistent with the goals he has expressed. "I encourage the full Senate to bring this bipartisan bill to the floor at the earliest possible opportunity and remain hopeful that the amendment process will lead to further improvements," Obama said in a statement released by the White House. By a vote of 13-5, the Senate ...
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Freeport Indonesia Death toll rises to 28 after tunnel accident
View Photo Reuters/Reuters - Workers from Freeport-McMoRan Copper & Gold Inc gather during a protest over an accident where 39 workers attending an underground training were trapped when a tunnel collapsed, at Mile ...
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Rare Harry Potter first edition fetches record auction price
Rare "Harry Potter" first edition fetches record auction price (Reuters) - A unique first edition of "Harry Potter and the Philosopher's Stone" annotated by author J.K. Rowling has sold for a record 150,000 pounds ($227,421) at ...
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US nuclear missles in Europe remain poised for a war that will never come
The United States and Russia recently signed a new landmark nuclear non-proliferation treaty called START in March and the US in early May followed up its non-proliferation goals by making the unprecedented step of publicly declaring how many nuclear weapons it had – just over 5,113 in total, though many of them are in storage and would take time to be deployed.
That is a vast reduction compared to the total arsenal the country possessed at the height of the Cold War in 1967, the number at that time was 31,225, according to reports by European news media. Read more
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