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Live chat Xboxs Major Nelson takes questions
teasing several new games and entertainment features .We're sure you still have several questions about the new Xbox, so we thought we'd bring in someone who definitely knows his stuff. At 4PM ...
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European Leaders Take Steps in Cracking Down on Tax Fraud
PARIS -- The European Union has announced a series of measures to crack down on tax avoidance and fraud, including the automatic exchange of bank information to catch cheats. European Union President Herman Van Rompuy hailed as "unprecedented" a series of measures against tax evasion agreed to Wednesday by the bloc's 27 leaders during a brief summit in Brussels. Among them: ...
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European Union Leaders Meet on Tax Evasion
BRUSSELS ...
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Government consultants can be paid additional €20000 ‘expertise allowance’
Its no wonder that Muscat never mentioned PERKS in the last campaign ! Perks for politicians, chairpersons, CEOs and top government officials topple their salaries in value ...
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House subcommittee moves to curb military sexual assaults
View Photo Associated Press/Michael Dwyer, File - FILE - In this June 2, 2012 file photo, House Armed Services Committee member Rep. Niki Tsongas, D-Mass. speaks in Springfield, Mass. Determined to check the growing ...
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Russian punk band member goes on hunger strike
View Photo Reuters/Reuters - Jailed Pussy Riot punk rock group member Maria Alyokhina is seen on a monitor, as she takes part in a video conference from the penal colony, inside the courtroom during a hearing in the ...
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Boy Scout leaders convene in Texas to vote on gay ban
View Photo Associated Press/Richard Rodriguez - FILE - Clockwise from left, Boy Scouts Eric Kusterer, Jacob Sorah, James Sorah, Micah Brownlee and Cub Scout John Sorah hold signs at the "Save Our Scouts" Prayer ...
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Italian machines reject euro
Italy , people are having trouble using its newest note to make some payments.Brought into circulation on 2 May, the new EUR5 note was praised for its enhanced security features, which the European Central Bank (ECB) said would help combat forgery. The other denominations in the Europa series of notes will be introduced over the next few years.However, in Italy, the new note is reportedly being ...
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Enemalta told it stood to lose €2 million in pursuing BWSC claim
The Opposition accused the government of having relinquished the right to contest up to €9 million in claims from BWSC, and asked for the settlement agreement to be tabled in the House, along with documentation on the legal and technical advice submitted to Mizzi, and whether the Attorney General was consulted, as well as asking why Mizzi did not allow Enemalta to independently pursue ...
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Police recover backpacks of 2 kidnapped Iowa girls
DES MOINES, Iowa (AP) -- Investigators have recovered the backpacks of the two Iowa girls who were kidnapped Monday while they continue to search for 15-year-old Kathlynn ...
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Oklahoma tornado damage could cost more than $2 billion
MOORE, Okla. - The cost of a massive tornado that battered an Oklahoma City suburb could be more than $2 billion, according to a preliminary official estimate announced Wednesday. State authorities meanwhile said two infants were among the 24 people who perished in the twister.Oklahoma Insurance Department spokeswoman Calley Herth told The Associated Press that the early damage tally is based on ...
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FTSE sets new 13-year high
London - Growth sensitive sectors drove Britain's top share index to fresh 13-year highs, receiving a boost after the top US central banker reaffirmed his commitment to continued ...
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Euro Zone Deficits Are Narrowing Thanks To Lack Of Borrowing Sources And Exports
Euro zone countries hit hardest by the sovereign debt crisis have significantly narrowed their deficits over the past year, as sign that - despite the social unrest and steep cuts to social spending in countries including Greece and Spain - austerity is having the desired effect in terms of account ...
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‘I have not done anything wrong’
Lois Lerner, the Internal Revenue Service official in charge of approving applications for tax-exempt status, denied wrongdoing in response to accusations that the IRS targeted conservative organizations seeking nonprofit status for heavier scrutiny between 2010 and 2012. "I have not done anything wrong," Lerner told the House Oversight Committee during a hearing about the IRS' ...
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New Issue-KDB prices 500 mln euro 2018 bond
Wed May 22, 2013 12:39pm EDT May 22 (Reuters) -Following are terms and conditions of a bond priced on Wednesday. Borrower Korea Development Bank (KDB) Issue Amount 500 million ...
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Fiat Industrial says 500 million euro tax loss reports false
FIA.MI ) said reports that Italy would lose more than 500 million euros in tax receipts as a result of its moving fiscal domicile to the UK after a merger with unit CNH ...
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Turkish dollar euro debt to join some Barclays global indices June 1
LONDON | Wed May 22, 2013 12:32pm EDT LONDON May 22 (Reuters) - Turkish sovereign dollar- and euro-denominated bonds will join a group of Barclays global indices on June 1, following Moody's decision last week to award the country its second investment grade credit rating. Barclays will include 24 Turkish sovereign hard currency bonds with a market value of $57.2 billion in its ...
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German-French plan to help jobless
unemployment has become a pressing problem in many countries as economic belt-tightening continues.The German-French initiative comes at a time when both governments are under pressure: Germany faces criticism of its austerity-heavy remedy for Europe's debt crisis, while France has gone ...
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Vanguard chooses FTSE indexes for 4 new ETF equity funds
BOSTON | Wed May 22, 2013 11:39am EDT BOSTON May 22 (Reuters) - Vanguard Group, one of the largest managers of exchange-traded funds, will use stock market indexes from FTSE Group for four new funds based in Ireland, the companies said on Wednesday. Vanguard, which oversees about $288 billion in ETFs, said it would use indexes from FTSE for Irish-domiciled funds covering developed ...
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IRS official refuses to answer questions at scandal hearing
View Photo Reuters/Reuters - U.S. Director of Exempt Organizations for the Internal Revenue Service, Lois Lerner, takes her seat before a House Oversight and Government Reform Committee hearing on alleged targeting ...
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Artist Ai Weiwei uses music to mock state power in China
View Photo Associated Press - Artist Ai Weiwei speaks to journalists at his studio in Beijing, China, Wednesday, May 22, 2013. Ai's music video accompanying his heavy metal single "Dumbass'' released Wednesday ...
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Dubai authorities seize shipment of 259 elephant tusks
IFAW ) said in a statement that the container came from Mombasa in Kenya. Poaching has risen in recent years across sub-Saharan Africa, where well-armed criminal gangs have killed elephants and rhinos for tusks that are often shipped to Asia for use in ornaments and some medicines. The UAE ministry said the shipment, containing 259 pieces of ivory, was discovered by customs officials ...
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Bernanke offers no hint of pullback in Fed stimulus
Chairman of the Federal Reserve Bank Ben Bernanke attends the Treasury Department's Financial Stability Oversight Council in Washington April 25, ...
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U.S. Senate leader eases pressure on Myanmar
Thein Sein and said he's seen significant progress in political and economic reforms. However, he also said he had concerns about the security situation in Myanmar. McConnell, R-Ky., who sponsored legislation that placed economic sanctions on Myanmar, said he wasn't going to press the issue further because of political reforms. "I will not be making an effort to renew those ...
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Euro falls to session low vs dollar
NEW YORK | Wed May 22, 2013 11:06am EDT NEW YORK May 22 (Reuters) - The euro fell to a session low against the dollar on Wednesday after Federal Reserve Chairman Ben Bernanke warned that holding interest rates too low for too long has its risks. Trading was volatile with investors first selling, then buying the dollar as they digested Bernanke's testimony to Congress. The euro was ...
Europe Focus
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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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