Sunday, April 15, 2012

Daily News Digest: Reuters News Headlines - Yahoo! News

Daily News Alert
Yahoo! Alerts Yahoo! News | My Alerts | Edit Alert
Sunday, April 15, 2012 12:18 AM PDT
Today's Reuters News Headlines - Yahoo! News:
Scandal mars Obama's wooing of Latin America
Sat,14 Apr 2012 08:27 PM PDT
Reuters -

President Barack Obama arrives at the convention center, where the Americas Summit is being held, in CartagenaCARTAGENA, Colombia (Reuters) - A prostitution scandal involving U.S. security personnel in Colombia and an unprecedented regional push to end the isolation of Cuba threatened on Saturday to eclipse President Barack Obama's charm offensive to Latin America. In a major embarrassment for Washington at the Summit of the Americas attended by more than 30 heads of state, 11 U.S. Secret Service agents were sent home and five military servicemen grounded over "misconduct" allegations in a hotel. Prostitutes were taken to the hotel, according to a Colombian police source. ...


Full Story
Top

U.N. to send monitors to Syria as fighting rages
Sat,14 Apr 2012 08:12 PM PDT
Reuters -

China's Ambassador to the United Nations Li Baodong votes during a Security Council meeting at the United Nations in New YorkBEIRUT (Reuters) - The United Nations will send an advance team of observers to Syria on Sunday to start monitoring a shaky ceasefire, even as a surge in violence on the ground threatened to derail international efforts to end more than a year of bloodshed. Russia and China joined the rest of the Security Council to authorize the deployment of up to 30 unarmed observers in the first resolution on Syria the 15-nation council managed to approve unanimously since the uprising erupted in March 2011. ...


Full Story
Top

Tornadoes pound U.S. Plains as residents hunker down
Sat,14 Apr 2012 11:06 PM PDT
Reuters -

A lightning strike is seen near the water tower of Benkelman, NebraskaKANSAS CITY, Missouri (Reuters) - A spate of tornadoes tore through parts of Oklahoma, Kansas, Nebraska and Iowa on Saturday, churning through Wichita and other areas while causing property damage but no immediate reports of deaths or widespread injuries. Tornadoes skipped across the U.S. Central and Southern Plains and residents braced for the possibility of more, but the twisters primarily affected sparsely populated areas. ...


Full Story
Top

Iran, big powers agree - to keep talking
Sat,14 Apr 2012 05:05 PM PDT
Reuters -

Turkey's FM Davutoglu welcomes Iran's chief negotiator Jalili before their meeting in IstanbulISTANBUL (Reuters) - After a year of sanctions and saber-rattling over Iran's nuclear program, negotiators from Tehran and six world powers finally resumed talks and found at least enough common ground to agree to meet again next month. With threats of war hanging over an already unsettled Middle East, U.S. and other Western diplomats welcomed their Iranian counterparts willingness in Istanbul on Saturday to discuss their nuclear activities - something they had refused since early last year. But though they will meet again, in Baghdad on May 23, they remained poles apart. ...


Full Story
Top

Secure despite rocket fiasco, N.Korea's Kim lauds military
Sat,14 Apr 2012 11:16 PM PDT
Reuters -

State media film North Korean leader Kim Jong-un waving in PyongyangPYONGYANG (Reuters) - North Korea's new leader delivered his first major public speech on Sunday as the impoverished state celebrated the centenary of its founder's birth, calling for a push to "final victory" despite a failed rocket launch two days ago. A jowly Kim Jong-un, clad in black and the third of his line to rule North Korea, read monotonously from a script in Pyongyang's central square after goose-stepping soldiers and sailors showcased the North's military power in a parade in spring sunlight. ...


Full Story
Top

Obama calls on Romney to release tax returns: Univision
Sat,14 Apr 2012 05:24 PM PDT
Reuters -

U.S. President Barack Obama speaks after touring the Port of Tampa in FloridaWASHINGTON (Reuters) - President Barack Obama called on likely Republican presidential nominee Mitt Romney to release more of his tax returns, in an interview with Univision released on Saturday. Obama's campaign has been pushing Romney, a multi-millionaire former private equity executive, to release several years of his prior tax returns to shed light on how he amassed his wealth. In an interview conducted on Friday and released on Saturday, an anchor for the Spanish-language network noted Obama had released his tax returns for 12 years and asked him if Romney should do the same. ...


Full Story
Top

IMF funds drive caught in global power shift
Fri,13 Apr 2012 07:37 PM PDT
Reuters -

A photographer takes pictures through a glass carrying the International Monetary Fund logo during a news conference in BucharestWASHINGTON (Reuters) - Tensions among some of the world's leading economies have boiled up over a plan to raise new resources for the International Monetary Fund to contain the euro zone debt crisis, and a quest by emerging economies to win more say in the global lender. World financial leaders gathering in Washington next week will focus on proposals for countries to contribute more money to the IMF so it is better prepared in case of fallout from any further escalation of Europe's debt problems. ...


Full Story
Top

U.S. says China making progress on currency, urges more
Sat,14 Apr 2012 04:05 PM PDT
Reuters -

File photo of an employee counting U.S. dollar banknotes at a branch of Huaxia Bank in ShenyangCARTAGENA, Colombia (Reuters) - A senior White House aide said on Saturday that China had made some progress toward easing restrictions on its currency but stressed the United States wanted to see more actions taken. At a briefing with reporters in Colombia, where President Barack Obama is attending a summit with Latin American leaders, White House adviser Ben Rhodes said the Obama administration was closely reviewing Beijing's announcement that it was doubling the size of its yuan's trading band against the dollar. ...


Full Story
Top

Argentina ex-dictator admits dirty war "disappeared"
Sat,14 Apr 2012 08:53 PM PDT
Reuters -

Former Argentine dictator Videla is escorted out the courtroom after listening to the verdict in his trial at a courthouse in the province of CordobaBUENOS AIRES (Reuters) - Former Argentine dictator Jorge Rafael Videla has admitted for the first time that the country's brutal 1976-1983 dictatorship "disappeared" leftist opponents, a euphemism for kidnapped and murdered, and said babies were taken from their parents. Videla, 86, who was jailed for life in 2010 for murder, torture and kidnapping, has repeatedly justified the brutality of the military junta in the so-called Dirty War crackdown on left-wing opponents. Until now, he has also denied the forced disappearances. ...


Full Story
Top

Ocampo ends World Bank bid, backs Nigerian
Fri,13 Apr 2012 05:44 PM PDT
Reuters -

The World Bank presidential nominee Jose Antonio Ocampo of Colombia is seen during a meeting with Brazil's Finance Minister Guido Mantega at the Ministry of Finance in BrasiliaWASHINGTON/BRASILIA (Reuters) - Former Colombian finance minister Jose Antonio Ocampo ended his bid to become World Bank president on Friday, leaving two candidates in an unprecedented challenge to U.S. control of the global development institution. With the board of the World Bank to meet on Monday to pick a new president, Ocampo said he hoped emerging-market nations would rally behind Nigerian Finance Minister Ngozi Okonjo-Iweala in a race that he said had turned highly political. ...


Full Story
Top

Argentina ex-dictator admits dirty war "disappeared"
Sat,14 Apr 2012 11:50 AM PDT
Reuters -

Former Argentine dictator Videla is escorted out the courtroom after listening to the verdict in his trial at a courthouse in the province of CordobaBUENOS AIRES (Reuters) - Former Argentine dictator Jorge Rafael Videla has admitted for the first time that the country's brutal 1976-1983 dictatorship "disappeared" leftist opponents, a euphemism for kidnapped and murdered, and said babies were taken from their parents. Videla, 86, who was jailed for life in 2010 for murder, torture and kidnapping, has repeatedly justified the brutality of the military junta in the so-called Dirty War crackdown on left-wing opponents. Until now, he has also denied the forced disappearances. ...


Full Story
Top

Five U.S. military accused of misconduct in Colombia
Sat,14 Apr 2012 03:09 PM PDT
Reuters - WASHINGTON (Reuters) - Five members of the U.S. military assigned to support the Secret Service during President Barack Obama's visit to Colombia violated curfew and may have been involved in "inappropriate conduct," the U.S. Southern Command said on Saturday. One day after the U.S. Secret Service said it had sent some agents home from Cartagena for allegations of misconduct - which Colombian police said involved prostitutes - the Southern Command said it was punishing military members involved in "inappropriate conduct" at the same hotel in which the agents had stayed. ... Full Story
Top

Plains states hit by tornadoes, brace for more
Sat,14 Apr 2012 04:51 PM PDT
Reuters -

A lightning strike is seen near the water tower of Benkelman, NebraskaForecasters are warning of a major tornado outbreak in Kansas and Oklahoma this weekend, and Oklahoma got a first taste of it on Friday as a twister touched down near the National Weather Service office in Norman. A tornado was seen near the University of Oklahoma campus in Norman just after 4 p.m. local time - the same town that holds the National Storm Prediction Center, according to a Twitter post from Rick Smith, a National Weather Service meteorologist. ...


Full Story
Top

U.N. to send monitors to Syria as fighting rages
Sat,14 Apr 2012 04:42 PM PDT
Reuters -

China's Ambassador to the United Nations Li Baodong votes during a Security Council meeting at the United Nations in New YorkBEIRUT (Reuters) - The United Nations will send an advance team of observers to Syria on Sunday to start monitoring a shaky ceasefire, even as a surge in violence on the ground threatened to derail international efforts to end more than a year of bloodshed. Russia and China joined the rest of the Security Council to authorize the deployment of up to 30 unarmed observers in the first resolution on Syria the 15-nation council managed to approve unanimously since the uprising erupted in March 2011. ...


Full Story
Top

Obama calls on Romney to release tax returns: Univision
Sat,14 Apr 2012 11:31 AM PDT
Reuters -

U.S. President Barack Obama speaks after touring the Port of Tampa in FloridaWASHINGTON (Reuters) - President Barack Obama called on likely Republican presidential nominee Mitt Romney to release more of his tax returns, in an interview with Univision released on Saturday. Obama's campaign has been pushing Romney, a multi-millionaire former private equity executive, to release several years of his prior tax returns to shed light on how he amassed his wealth. In an interview conducted on Friday and released on Saturday, an anchor for the Spanish-language network noted Obama had released his tax returns for 12 years and asked him if Romney should do the same. ...


Full Story
Top

U.S. watches for North Korea's next move after rocket crash
Sat,14 Apr 2012 12:55 PM PDT
Reuters -

North Korean leader Kim Jong-un is applauded by military officers as he waves to soldiers and civilians in PyongyangWASHINGTON (Reuters) - The United States kept a wary eye on North Korea after the reclusive state's unsuccessful launch of a long-range rocket and President Barack Obama said on Friday Pyongyang faced further isolation if it continued to defy the international community. The White House suspended a deal to provide significant food aid to North Korea following the rocket launch, which it had warned Pyongyang against. U.S. officials also consulted other powers, including North Korean ally China, on how to respond. ...


Full Story
Top

Iran, big powers agree - to keep talking
Sat,14 Apr 2012 03:40 PM PDT
Reuters -

Turkey's FM Davutoglu welcomes Iran's chief negotiator Jalili before their meeting in IstanbulIran and six world powers began rare talks on Saturday to try to halt a downward diplomatic spiral over Tehran's nuclear program and ease fears of a new Middle East war. The talks, in Istanbul, the first between Iran and the six powers in 15 months, are unlikely to yield any major breakthrough but Western diplomats hope to see readiness from Tehran to start to discuss issues of substance. ...


Full Story
Top

China gives currency more freedom with new reform
Sat,14 Apr 2012 04:01 PM PDT
Reuters -

An employee reaches for a bundle of 100 yuan banknotes at a branch of Bank of China in HefeiChina took a milestone step in turning the yuan into a global currency on Saturday by doubling the size of its trading band against the dollar, pushing through a crucial reform that further liberalizes its nascent financial markets. The People's Bank of China said it would allow the yuan to rise or fall 1 percent from a mid-point every day, effective Monday, compared with its previous 0.5 percent limit. ...


Full Story
Top

Obama seeks to woo Latin America, scandal mars trip
Sat,14 Apr 2012 03:54 PM PDT
Reuters -

President Barack Obama arrives at the convention center, where the Americas Summit is being held, in CartagenaCARTAGENA, Colombia (Reuters) - President Barack Obama tried on Saturday to convince skeptical Latin Americans that Washington had not turned its back on them - but a prostitution scandal involving U.S. security personnel marred the charm offensive. Despite the host of weighty topics at the two-day Summit of the Americas in Colombia, corridor chatter revolved around a murky incident in a Cartagena hotel that led to U.S. Secret Service agents being sent home and five U.S. military members grounded. U.S. authorities said they were suspected of "misconduct" and an investigation was under way. ...


Full Story
Top

Exclusive: Former RIM boss sought strategy shift before he quit
Fri,13 Apr 2012 03:51 AM PDT
Reuters -

Research In Motion Co-CEO Jim Balsillie arrives at the annual general meeting of shareholders in WaterlooTORONTO (Reuters) - Former Research In Motion co-chief executive Jim Balsillie sought to reinvent the BlackBerry smartphone maker with a radical shift in strategy before he stepped down, two sources with knowledge of his plans said. Balsillie hoped to allow major wireless companies in North America and Europe to provide service for non-BlackBerry devices routed through RIM's proprietary network, a major break with the BlackBerry-only strategy pursued by RIM since its inception. ...


Full Story
Top

Embarrassed by rocket crash, North Korea may try nuclear test
Sat,14 Apr 2012 10:54 AM PDT
Reuters -

A man watches televisions reporting on North Korea's launch of a rocket at an electronic shop in TokyoNorth Korea said its much hyped long-range rocket launch failed on Friday, in a very rare and embarrassing public admission of failure by the hermit state and a blow for its new young leader who faces international outrage over the attempt. The isolated North, using the launch to celebrate the 100th birthday of the dead founding president Kim Il-sung and to mark the rise to power of his grandson Kim Jong-un, is now widely expected to press ahead with its third nuclear test to show its military strength. ...


Full Story
Top

Goldman Sachs CEO gets $16.2 million pay package
Fri,13 Apr 2012 12:33 PM PDT
Reuters -

CEO of Goldman Sachs Blankfein talks at the U.S. Chamber of Commerce in Washington(Reuters) - Goldman Sachs Group Inc Chief Executive Lloyd Blankfein's compensation increased 14.5 percent to $16.2 million in 2011 despite a sharp decline in profits and share price during the year, leaving the bank open to more attacks on its pay policies. Blankfein's pay boost includes stock awards from previous years that vested in 2011, and therefore does not reflect the amount that Goldman's board awarded him strictly for the company's performance last year. Goldman offered another figure, $12 million, as the amount Blankfein received for his performance last year. ...


Full Story
Top

U.S. watches for North Korea's next move after rocket crash
Sat,14 Apr 2012 07:03 AM PDT
Reuters -

A South Korean passenger looks at a TV report on North Korea's rocket launch at Seoul railway station in SeoulThe United States kept a wary eye on North Korea after the reclusive state's unsuccessful launch of a long-range rocket and President Barack Obama said on Friday Pyongyang faced further isolation if it continued to defy the international community. The White House suspended a deal to provide significant food aid to North Korea following the rocket launch, which it had warned Pyongyang against. U.S. officials also consulted other powers, including North Korean ally China, on how to respond. ...


Full Story
Top

Obama likely paid higher tax rate than Romney in 2011
Fri,13 Apr 2012 04:38 PM PDT
Reuters -

U.S. President Barack Obama speaks after touring the Port of Tampa in FloridaWASHINGTON (Reuters) - President Barack Obama released tax forms on Friday that reveal he will probably pay a higher tax rate on much lower income than likely Republican opponent Mitt Romney in 2011, adding fuel to a Democratic election-year effort to raise taxes on the rich. Obama and his wife, Michelle, paid an effective tax rate of 20.5 percent on income of $789,674 last year, the White House said. Romney has estimated he will pay a 15.4 percent tax rate on income of $20.9 million. ...


Full Story
Top

U.N. votes to send Syria monitors, killings continue
Sat,14 Apr 2012 11:34 AM PDT
Reuters -

Demonstrators, with the Syrian opposition flags, protest against Syria's President Bashar Al-Assad after Friday prayers in Al Qasseer city, near HomsForces loyal to President Bashar al-Assad shelled the battered Syrian city of Homs on Saturday, killing one person, opposition activists said, in the first such shelling since a ceasefire began two days ago. The United Nations Security Council is tentatively scheduled to vote on a Western-Arab draft resolution authorizing an advance U.N. team to monitor the fragile ceasefire which aims to end 13 months of bloodshed during the uprising against Assad. ...


Full Story
Top

Embarrassed by rocket crash, North Korea may try nuclear test
Fri,13 Apr 2012 05:51 AM PDT
Reuters -

A South Korean passenger looks at a TV report on North Korea's rocket launch at Seoul railway station in SeoulPYONGYANG/SEOUL (Reuters) - North Korea said its much hyped long-range rocket launch failed on Friday, in a very rare and embarrassing public admission of failure by the hermit state and a blow for its new young leader who faces international outrage over the attempt. The isolated North, using the launch to celebrate the 100th birthday of the dead founding president Kim Il-sung and to mark the rise to power of his grandson Kim Jong-un, is now widely expected to press ahead with its third nuclear test to show its military strength. ...


Full Story
Top

Murdoch's Times faces email hacking damages claim
Fri,13 Apr 2012 10:23 AM PDT
Reuters -

Graffiti refering to a retired police horse is seen outside the headquarters of the Times newspaper in London's east endLONDON (Reuters) - Rupert Murdoch's Times of London is facing a claim for exemplary damages after admitting hacking into the email of an anonymous police blogger to expose his identity, lawyer Mark Lewis told Reuters on Friday. Lewis, of law firm Taylor Hampton and representing police detective Richard Horton, said Horton had filed for misuse of confidential information, breach of confidence and deceit at London's High Court this week. The Times exposed Horton as the author of the blog, in which he wrote about police work under the name NightJack, in 2009. ...


Full Story
Top

In "dream city" for Syria refugees, hope of return dims
Fri,13 Apr 2012 01:30 PM PDT
Reuters -

A Syrian refugee fries falafels to sell at a refugee camp named KILIS, Turkey (Reuters) - Life is starting to look more permanent for the Syrian refugees in Kilis. There are no tents in the Turkish camp. Instead, thousands of white cubicles sit in endless rows. With every grey brick laid along the paths that criss-cross the sea of container houses, Terkia Zarzoureh feels she is further from returning to her home across the border. ...


Full Story
Top

Analysis: IMF funds drive caught in global power shift
Fri,13 Apr 2012 01:39 PM PDT
Reuters -

A photographer takes pictures through a glass carrying the International Monetary Fund logo during a news conference in BucharestWASHINGTON (Reuters) - Tensions among some of the world's leading economies are on a boil over a plan to raise new resources for the International Monetary Fund to contain the euro zone debt crisis and a quest by emerging economies to win more say in the global lender. World finance leaders gathering in Washington next week will focus on proposals for countries to contribute more money to the IMF so it is better prepared in case of a fallout from any further escalation of Europe's debt crises. ...


Full Story
Top

Tornado hits Oklahoma, start of expected weekend outbreak
Fri,13 Apr 2012 03:29 PM PDT
Reuters -

A lightning strike is seen near the water tower of Benkelman, NebraskaCHICAGO (Reuters) - Forecasters are warning of a major tornado outbreak in Kansas and Oklahoma this weekend, with Oklahoma getting a first taste of it on Friday with a tornado touching down near the National Weather Service office in Norman. A tornado was seen near the University of Oklahoma campus in Norman just after 4 p.m. local time - the same town that holds the National Storm Prediction Center, according to a Twitter post from Rick Smith, a National Weather Service meteorologist. No damage report was immediately available. ...


Full Story
Top

Ocampo ends World Bank bid, backs Nigerian
Fri,13 Apr 2012 03:46 PM PDT
Reuters -

The World Bank presidential nominee Jose Antonio Ocampo of Colombia is seen during a meeting with Brazil's Finance Minister Guido Mantega at the Ministry of Finance in BrasiliaWASHINGTON/BRASILIA (Reuters) - Former Colombian finance minister Jose Antonio Ocampo on Friday withdrew his candidacy for World Bank president, leaving two candidates in a race that he said had turned highly political. With the World Bank board meeting on Monday to pick a new president, Ocampo said he hoped emerging market nations would rally behind one candidate, Nigerian Finance Minister Ngozi Okonjo-Iweala. Okonjo-Iweala is now the sole candidate from developing nations in a race against U.S. nominee Jim Yong Kim, a Korean-American health expert who appears almost certain to win the post. ...


Full Story
Top

Six die as violence mars Syria truce, protests muted
Fri,13 Apr 2012 01:38 PM PDT
Reuters -

Demonstrators, with the Syrian opposition flags, protest against Syria's President Bashar Al-Assad after Friday prayers in Al Qasseer city, near HomsBEIRUT (Reuters) - Syrian forces loyal to President Bashar al-Assad shot dead five protesters after Friday prayers, activists reported, while the government said an army officer was killed as violence marred a ceasefire brokered by international peace envoy Kofi Annan. At the United Nations, Russia criticized a U.S.-drafted resolution authorizing an advance team to monitor the fragile ceasefire which aims to end 13 months of bloodshed during the uprising against Assad, an ally of Moscow. Russia's U.N. ...


Full Story
Top

Colombia's Ocampo withdraws from World Bank challenge
Fri,13 Apr 2012 02:48 PM PDT
Reuters -

The World Bank presidential nominee Jose Antonio Ocampo of Colombia is seen during a meeting with Brazil's Finance Minister Guido Mantega at the Ministry of Finance in BrasiliaWASHINGTON (Reuters) - Former Colombian finance minister Jose Antonio Ocampo said Friday he was withdrawing his candidacy for World Bank president to allow developing nations to rally behind a single nominee to challenge the United States for the job. Ocampo said Nigerian Finance Minister Ngozi Okonjo-Iweala would be "an excellent candidate for the position." "As we move into the final phase, it is clear that the process is shifting from a strict merit-based competition, in which my candidacy stood on strong grounds, into a more political-orientated exercise," Ocampo said in a statement. ...


Full Story
Top

Exclusive: Iran ships "off radar" as Tehran conceals oil sales
Fri,13 Apr 2012 07:23 AM PDT
Reuters -

A general view of an oil dock is seen from a ship at the port of Kalantari in the city of ChabaharLONDON (Reuters) - Iran is concealing the destination of its oil sales by disabling tracking systems aboard its tanker fleet, making it difficult to assess how much crude Tehran is exporting as it seeks to counter Western sanctions aimed at cutting its oil revenues. Most of Iran's 39-strong fleet of tankers is now "off-radar" after Tehran ordered captains in the National Iranian Tanker Co (NITC) to switch off the black box transponders that are used in the shipping industry to monitor vessel movements, oil industry, trading and shipping sources said. ...


Full Story
Top

JPMorgan gets boost from better economy, trading
Fri,13 Apr 2012 10:16 AM PDT
Reuters -

Flag hangs on the wall of the JP Morgan company stall on the floor of the New York Stock Exchange in New York(Reuters) - An uptick in trading and dealmaking lifted JPMorgan Chase & Co's first-quarter profits out of the funk of late 2011, but the recovery fell short of the good times the largest U.S. bank enjoyed a year ago. The results beat Wall Street expectations. Investment banking revenue rebounded from the 2011 fourth quarter as fears about the European debt crisis eased, prompting more companies and investors to return to fixed-income and equity markets. JPMorgan also got a boost from improvements in credit quality and loan demand - a trend seen in the performance of Wells Fargo & Co as well. ...


Full Story
Top

Weak China GDP growth no signal for fresh stimulus
Fri,13 Apr 2012 05:38 AM PDT
Reuters -

A labourer walks on coils of steel wire at a steel market in ShenyangBEIJING (Reuters) - Speculation that China's weakest quarter of annual economic growth since the global financial crisis will trigger a flood of policy support to fight the downturn misses a crucial point - the taps are already turned on. The annual rate of GDP growth in the first quarter slowed to 8.1 percent from 8.9 percent in the previous three months, the National Bureau of Statistics said on Friday, below the 8.3 percent consensus forecast of economists polled by Reuters. ...


Full Story
Top

Inflation outpaces earnings, threatens spending
Fri,13 Apr 2012 10:01 AM PDT
Reuters -

File photo of shopper walking down aisle in newly opened Walmart Neighborhood Market in ChicagoWASHINGTON (Reuters) - Consumer prices rose modestly in March amid signs a spike in gasoline costs was ebbing, but inflation still outpaced workers' earnings and threatened to undermine spending. The Labor Department said on Friday consumer prices increased 0.3 percent last month. Gasoline prices rose 1.7 percent, a sharp slowdown from February when costs at the pump rose more than three times as quickly. Still, workers' earnings fell 0.4 percent in March after adjusting for the increase in prices. ...


Full Story
Top

US stops food aid to North Korea after missile launch
Fri,13 Apr 2012 09:03 AM PDT
Reuters -

North Korea leader Kim Jong-un stands with military officers in PyongyangWASHINGTON (Reuters) - The United States will not go forward with planned food aid to North Korea, the White House said on Friday, after the impoverished nation's unsuccessful launch of a long-range missile which Washington had warned would have consequences. "Their efforts to launch a missile clearly demonstrates that they could not be trusted to keep their commitments," White House National Security Council spokesman Ben Rhodes told reporters traveling with President Barack Obama to Florida. ...


Full Story
Top

Apple rejects e-book pricing collusion charge
Fri,13 Apr 2012 04:05 AM PDT
Reuters -

Customers visit the Apple Store in New York City's Grand Central Station(Reuters) - Apple Inc has rejected the U.S. Justice Department's allegations that it colluded with publishers over electronic book pricing, calling the charges "simply not true." The U.S. government had sued Apple and five publishers, saying they conspired to fix the prices of electronic books. It has reached a settlement with three of the publishers that could lead to cheaper e-books for consumers. In an email to Reuters, Apple spokesman Tom Neumayr confirmed the company's position, which earlier appeared in a Wall Street Journal article. ...


Full Story
Top

Exclusive: G20 may boost IMF resources by $400-500 billion: officials
Fri,13 Apr 2012 04:37 AM PDT
Reuters -

Christine Lagarde, Managing Director of the International Monetary Fund (IMF), gestures during a news conference at the meeting of finance ministers and central bankers from the Group of 20 top economies in Mexico CityBRUSSELS (Reuters) - The world's 20 biggest economies are likely to agree to increase the resources of the International Monetary Fund by between $400 and $500 billion, rather than the $600 billion initially sought by the IMF, Group of 20 officials have told Reuters. The extra money is to give the IMF, which is a lender of last resort to governments, more firepower to fight the sovereign debt crisis, triggered by unsustainable policies in euro zone countries such as Greece, Portugal and Ireland. ...


Full Story
Top



You received this email because you subscribed to Yahoo! Alerts. Use this link to unsubscribe from this alert. To change your communications preferences for other Yahoo! business lines, please visit your Marketing Preferences. To learn more about Yahoo!'s use of personal information, including the use of web beacons in HTML-based email, please read our Privacy Policy. Yahoo! is located at 701 First Avenue, Sunnyvale, CA 94089.
\"\"

No comments:

Post a Comment