• Australia to buy 58 US F-35s for $11.6 bln

    AFP - 14 hours ago

    A model of the Lockheed Martin F-35 Lightning II is displayed during a press day of the Seoul International Aerospace and Defense Exhibition, in Goyang, north of Seoul, on October 28, 2013 More »Australia to buy 58 US F-35s for $11.6 bln

  • Curb excessive pay, Cable warns

    Press Association - 15 hours ago

    Business Secretary Vince Cable has urged Britain's leading companies to show restraint over executive pay and slash bonuses to restore public trust. More »Curb excessive pay, Cable warns

  • Japan inflation may have beat BOJ forecast - Kuroda

    Reuters - 15 hours ago

    By Leika Kihara TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said consumer inflation may exceed the central bank's projection in the fiscal year that ended in March, voicing confidence the world's third-largest economy continues to make headway in meeting its price target. Deputy Governor Hiroshi Nakaso added to the optimism, stressing that Japan can withstand the pain from a sales tax hike that kicked off this month as companies are increasing hiring and wages due to brighter prospects for the economy. "I think consumer inflation was actually slightly higher in fiscal 2013 than our current projection of 0.7 percent," Kuroda told a parliamentary session on Wednesday. "For now, we can say Japan is making steady progress toward achieving 2 percent inflation." His remarks suggest the BOJ will revise up the previous fiscal year's price forecast and maintain its bullish projections for subsequent years in its twice-yearly outlook report due out next week. More »Japan inflation may have beat BOJ forecast - Kuroda

  • SKorea ferry toll hits 146 as search gets tougher

    Associated Press - 15 hours ago

    JINDO, South Korea (AP) — The grim work of recovering bodies from the submerged South Korea ferry proceeded rapidly Wednesday, with the official death toll reaching 146, though a government official said divers must now rip through cabin walls to retrieve more victims. More »SKorea ferry toll hits 146 as search gets tougher

  • 'Piles and piles' of bodies in S. Sudan slaughter

    Associated Press - 15 hours ago

    NAIROBI, Kenya (AP) — The townsfolk believed the mosque was safe. They crammed inside as rebel forces in South Sudan took control of the town from government troops. But it wasn't safe. Robbers grabbed their cash and mobile phones. Then gunmen came and opened fire on everyone, young and old. More »'Piles and piles' of bodies in S. Sudan slaughter

  • Republicans in NC's Senate race trade few hits

    Associated Press - 15 hours ago

    DAVIDSON, N.C. (AP) — The candidate in North Carolina's Republican Senate primary with backing from the party's Washington establishment came under little direct criticism Tuesday night as his top rivals had their first real chance to challenge him face to face. More »Republicans in NC's Senate race trade few hits

  • Satellites show North Korea nuclear test unlikely - think tank

    Reuters - 15 hours ago

    North Korea is unlikely to be ready to stage a nuclear test timed to coincide with U.S. President Barack Obama's visit to Asia, a respected think tank said on Wednesday based on its assessment of satellite imagery. Comments by South Korea's foreign ministry that the North could be moving towards what would be its fourth nuclear test prompted the U.S. State Department to urge Pyongyang to "refrain from actions that threaten regional peace". North Korea continually works on improving testing at its Punggye-ri site. Satellite imagery analysed by 38North, which is part of Johns Hopkins University, said that while there had been a pickup in activity, there were few signs of an imminent test. More »Satellites show North Korea nuclear test unlikely - think tank

  • State Dept. says Egypt cleared for US military aid

    Associated Press - 15 hours ago

    WASHINGTON (AP) — The Obama administration said Tuesday it has certified that Egypt is upholding its 35-year-old peace treaty with Israel and therefore qualifies for some military and counterterrorism assistance. More »State Dept. says Egypt cleared for US military aid

  • GM seeks U.S. court protection against ignition lawsuits

    Reuters - 15 hours ago

    Plaintiffs suing the company also filed a proposed class action lawsuit in Manhattan bankruptcy court on Monday, seeking an order declaring that GM cannot use the bankruptcy protection to absolve itself from liabilities. The faulty ignition switch has been linked to at least 13 deaths and the recall of 2.6 million GM vehicles. GM emerged from bankruptcy protection in 2009 as a different legal entity from the so-called old GM. Under those terms, the "new GM" shed liability for incidents predating its exit from bankruptcy, and any lawsuit involving pre-bankruptcy issues must be brought against what remains of old GM. More »GM seeks U.S. court protection against ignition lawsuits

  • Top GM engineer to leave in post-recall reorganization

    Reuters - 15 hours ago

    By Ben Klayman DETROIT (Reuters) - General Motors' top engineering executive, a longtime colleague and key lieutenant of Chief Executive Mary Barra, is retiring in the automaker's highest profile executive change since the massive recall of vehicles with defective ignition switches linked to at least 13 deaths. John Calabrese has worked with Barra in various roles over the past 15 years and has been GM vice president of global engineering for the last three years. In a reorganization announced on Tuesday, Calabrese's role will split in two to improve vehicle safety, the automaker said. Global product development chief Mark Reuss said Calabrese's exit was not related to the recall of 2.6 million vehicles this year. More »Top GM engineer to leave in post-recall reorganization

  • Colombia court reinstates ousted Bogota mayor

    Associated Press - 15 hours ago

    BOGOTA, Colombia (AP) — A Colombian court has ordered the reinstatement within 48 hours of ousted Bogota Mayor Gustavo Petro. More »Colombia court reinstates ousted Bogota mayor

  • Lawmakers trying to restrict solitary confinement

    Associated Press - 15 hours ago

    DENVER (AP) — A year after a Colorado inmate held in solitary confinement allegedly gunned down the state prisons chief upon being released, lawmakers are moving to restrict use of the punishment for the mentally ill. More »Lawmakers trying to restrict solitary confinement

  • Chile amends constitution to allow expat voting

    Associated Press - 15 hours ago

    SANTIAGO, Chile (AP) — Chile has reformed its constitution to give voting rights to citizens living outside the country. The measure was more than 20 years in the making, and is seen as a major victory for the many Chileans who left the country during its long dictatorship. More »Chile amends constitution to allow expat voting

  • US clears Egypt for some military assistance

    Associated Press - 15 hours ago

    WASHINGTON (AP) — The Obama administration said Tuesday it has certified that Egypt is upholding its 35-year-old peace treaty with Israel and therefore qualifies for some military and counterterrorism assistance. More »US clears Egypt for some military assistance

  • Pirates raid Japanese oil tanker off Malaysia, kidnap 3 crew

    Reuters - 16 hours ago

    Armed pirates raided a Japanese oil tanker off the coast of Malaysia and abducted three crew members, Malaysian maritime police said on Wednesday, underscoring increasing threats to shipping in one of the world's busiest waterways. The incident in the Malacca Strait, a route for about a quarter of the world's seaborne oil trade, has fuelled fears piracy could be on the rise in the area and drive up ship insurance premiums. Six pirates in a speedboat boarded the Naninwa Maru 1 at 1.00 a.m. local time on Wednesday off the coast of west Malaysia, Maritime Police Commander Abdul Aziz Yusof told Reuters. The Japanese tanker, headed for Myanmar from Singapore, had Indonesian, Thai, Myanmar and Indian crew members. More »Pirates raid Japanese oil tanker off Malaysia, kidnap 3 crew

  • The Chelsea Clinton Birthers

    The Daily Beast - 16 hours ago

    She’s not really pregnant. No, she’s having a baby but only to help her mother win the White House in 2016! For crackpots, the Clinton baby news is just the latest Clinton conspiracy. More »The Chelsea Clinton Birthers

  • Is Global Warming a Giant Natural Fluctuation? (Op-Ed)

    LiveScience.com - 16 hours ago

    Shaun Lovejoy is a professor of physics at McGill University and president of the Nonlinear Processes Division of the European Geosciences Union. Last year, the Quebec Skeptics Society threw down the gauntlet: "If anthropogenic global warming is as strong as scientists claim, then why do they need supercomputers to demonstrate it?" My immediate response was, "They don't." Indeed, in 1896 — before the warming was perceptible — the Swedish scientist Svante Arrhenius, toiling for a year, predicted that doubling carbon dioxide (CO2) levels would increase global temperatures by 5 to 6 degrees Celsius, which turns out to be close to modern estimates. Yet the skeptics' question resonated: Global Circulation Models (GCM's) dominate climate research to such an extent that (even scientists!) can be forgiven for thinking these computer-driven models are essential. So I took up the challenge, and my answer appears in the research described in a paper recently published in the journal Climate Dynamics. More »Is Global Warming a Giant Natural Fluctuation? (Op-Ed)

  • UN committee takes no action on Iran envoy dispute

    Associated Press - 17 hours ago

    UNITED NATIONS (AP) — A U.N. committee took no action Tuesday on the U.S. refusal to grant a visa to Iran's chosen ambassador to the United Nations after hearing from both sides. More »UN committee takes no action on Iran envoy dispute

  • FL 19 GOP PRIMARY

    Associated Press - 17 hours ago

    Graphic shows vote for Florida House special primary; 1c x 4 inches; 46.5 mm x 101 mm; More »FL 19 GOP PRIMARY

  • New Jersey panel orders testimony on traffic jams

    Associated Press - 17 hours ago

    A New Jersey legislative committee has ordered current and former aides to Republican Gov. Chris Christie and two officials at the Port Authority of New York and New Jersey to testify in the committee's probe of politically motivated traffic jams last year near the George Washington Bridge. More »New Jersey panel orders testimony on traffic jams

  • Cries of anguish as SKorea ferry toll reaches 135

    Associated Press - 17 hours ago

    JINDO, South Korea (AP) — The confirmed death toll from the South Korean ferry disaster rose to 135 Wednesday, but there were many more bodies left to be retrieved as divers swam through tight, dark rooms and passageways to search for nearly 170 people still missing. More »Cries of anguish as SKorea ferry toll reaches 135

  • Deutsche Bank to cut Latin America equities headcount - Bloomberg

    Reuters - 17 hours ago

    (Reuters) - Germany's largest lender Deutsche Bank is trimming its equities team in Latin America and is considering shutting its equities business in Chile, Bloomberg reported on Wednesday citing two people familiar with the matter. The bank is trimming headcount in locations that serve Latin America such as Sao Paulo and Santiago as well as New York, Bloomberg reported citing sources. However the bank does not plan to cut jobs in Mexico, a location it considers a priority along with Brazil, Bloomberg said citing one of the sources. The company will continue to invest in more profitable businesses in Latin America, Bloomberg said. More »Deutsche Bank to cut Latin America equities headcount - Bloomberg

  • Brazilian Congress passes Internet bill of rights

    Reuters - 17 hours ago

    By Anthony Boadle BRASILIA (Reuters) - Brazil's Senate unanimously approved groundbreaking legislation on Tuesday that guarantees equal access to the Internet and protects the privacy of Brazilian users in the wake of U.S. spying revelations. President Dilma Rousseff, who was the target of U.S. espionage according to documents leaked by former NSA analyst Edward Snowden, plans to sign the bill into law. The legislation, dubbed Brazil's "Internet Constitution," has been hailed by experts, such as the British physicist and World Wide Web inventor Tim Berners-Lee, for balancing the rights and duties of users, governments and corporations while ensuring the Internet continues to be an open and decentralized network. To guarantee passage of the bill, Rousseff´s government had to drop a contentious provision that would have forced global Internet companies to store data on their Brazilian users on data centre servers inside the country. More »Brazilian Congress passes Internet bill of rights

  • Duke: Moving coal ash would cost up to $10 billion

    Associated Press - 17 hours ago

    Duke Energy told North Carolina lawmakers Tuesday that removing all of the company's coal ash away from the state's rivers and lakes would take decades and cost up to $10 billion, with its electricity ... More »Duke: Moving coal ash would cost up to $10 billion

  • Ex-CEO wins Republican primary for Radel's seat

    Associated Press - 17 hours ago

    FORT MYERS, Fla. (AP) — The former CEO of an aluminum wheel company has won a Republican primary in Florida for the seat of a congressman who resigned in January after being arrested for buying cocaine. More »Ex-CEO wins Republican primary for Radel's seat

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