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PRECIOUS-Gold trims losses as euro firms ahead of Bernanke testimony
* Euro rises to session high vs dollar * Gold's appeal hurt by fears the Fed will ease stimulus * Spot silver cuts loss to 0.6 percent, platinum to 1.65 pct (Recasts, updates prices, adds comments, adds byline, changes dateline (previous LONDON) By Carole Vaporean and Clara Denina NEW YORK/LONDON, May 21 (Reuters) - Gold trimmed its losses on Tuesday as the euro regained strength ...
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France Tel to invest up to 50 million euro in Dailymotion report
PARIS | Tue May 21, 2013 2:43pm EDT PARIS (Reuters) - France Telecom plans to invest between 30 and 50 million euros ($64 million) in its video-sharing website Dailymotion and begin a fresh search for a partner in the autumn, its chief executive said on Tuesday. Stephane Richard also said in an interview with RTL radio that "the door is not closed" to Yahoo Inc, which had been ...
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Enemalta paid BWSC €8 million extra for Delimara services never carried out
Energy minister reveals that Enemalta never pursued EUR4 million claim against BWSC for turbine damage because legal consultants felt legal grounds were too ...
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Shulman Not responsible for IRS lookout list
Former IRS Commissioner Douglas Shulman is sworn in prior to testifying before the Senate Finance Committee Tuesday. … Former Internal Revenue Service Commissioner Douglas Shulman said that he was "not personally responsible" for the agency's practice of placing elevated scrutiny on conservative groups that applied for nonprofit status, but that he regrets it occurred ...
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Arias tells jury she can still contribute to society
View Photo Associated Press - Jodi Arias looks at her family on Monday, May 20, 2013 during the penalty phase of her murder trial at Maricopa County Superior Court in Phoenix, Ariz. Arias was convicted of ...
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Accused Fort Hood shooter draws salary while victims struggle
Nidal Hasan (Bell County Sheriff's Office handout/Reuters) Soldiers wounded in the Fort Hood shooting spree in November 2009 have a new problem on their hands: getting the shooting's classification changed from "workplace violence" to "combat related." As reported by Dallas-Fort ...
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Boy Scouts to vote this week on lifting ban on gay youth
DALLAS (Reuters) - Leaders of Boy Scout groups across the country will vote this week on a controversial proposal that would remove the organization's ban on gay scouts but not gay adult ...
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German economy to improve ‘markedly’
Frankfurt - Germany's central bank expects the country's economy to improve ';markedly'; in the second quarter - a development that could boost the wider eurozone as it struggles to get out of ...
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Senators reach deal to ease high tech rules in US immigration bill
21 May 2013 US senators reached a tentative deal with tech companies to ease restrictions on hiring foreigners for high-skilled jobs in the Senate's sweeping immigration bill, sources familiar with the talks said on ...
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FEIBaruch Survey CFO Economic Optimism Declines as Concerns over Eurozone Remain
- CFO Hiring Plans Down from Last Quarter - - U.S. CFOs Feel Impact of Healthcare Reform on Insurance Coverage - PR Newswire MORRISTOWN, N.J. and NEW YORK, May 21, 2013 MORRISTOWN, N.J. and NEW YORK, May 21, 2013 /PRNewswire/ -- Chief Financial Officers remain in a holding pattern in the first few ...
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Okla. senator says aid should be paid for with cuts
tornado victims and to rebuild devastated areas of his state should be financed with cuts to other programs in the government's $3.6 trillion budget. Spokesman John Hart says it's a position Coburn has consistently held regarding federal spending on disasters dating to the 1995 bombing of ...
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Protesters chant IRS has got to go in Cincinnati
Internal Revenue Service offices that handled group applications for tax-exempt status. IRS officials have acknowledged that some conservative groups received inappropriate attention and questioning. Tea party protests of the IRS also were planned in other cities across the country. Some recent IRS retirees in ...
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Europes battle against 1 trillion euro tax evasion
10/04/2013 17:48 CET The European Union can’t afford to let tax evasion go on the way it is. That is why EU leaders will meet at a one-day summit in Brussels on Wednesday May 22 to try to negotiate a solution. Potential revenues that escape the net of tax collectors reportedly amount to one trillion euros. Such large amounts of money, currently sitting in tax havens, would be greatly ...
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PBS’s new head of drama on €28000 contract
Oh dear, cronyism rears it's ugly head again. I thought we'd seen the last of that kind of thing. + Moral, NEVER believe what a politician says; lying to the people is part of their ...
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GLOBAL MARKETS-Shares flat ahead of Bernanke euro edges lower
* Shares flat ahead of Bernanke testimony on Wednesday, Home Depot rallies * Dollar index firmer, but down from near 3-year high * Yen dips after Japanese minister says seeks 'balance' for currency * Commodities fall, gold and oil weaker on the day By Ryan Vlastelica NEW YORK, May 21 (Reuters) - Stock markets around the world were little changed on Tuesday as investors awaited an update ...
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Euro rallies to session high against the dollar
NEW YORK | Tue May 21, 2013 11:34am EDT NEW YORK May 21 (Reuters) - The euro rose to a session high against the dollar on Tuesday as investors positioned ahead of testimony from U.S. Federal Reserve Chairman Ben Bernanke on Wednesday. Speculation the U.S. central bank will trim its bond purchases, or quantitative easing (QE), sooner than expected has mounted, given signs of an ...
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Appeals court rules bin Laden death photos can stay secret
View Photo Reuters/Reuters - U.S. President Barack Obama (2nd L) and Vice President Joe Biden (L), along with members of the national security team, receive an update on the mission against Osama bin Laden in the ...
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Immigration reform bill largely untouched going into fifth day of debate
Sen. Ted Cruz, R-Texas, speaks on May 9. (Win McNamee/Getty Images) A bipartisan group of senators begin a fifth full day of debating changes to the immigration reform bill Tuesday. So far, the so-called mark-up process has left the sweeping overhaul of the nation's immigration laws--which would legalize most of the country's 11 million undocumented immigrants--largely untouched. On ...
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Leading Senate Democrat IRS behavior intolerable
Montana Democrat says his committee will follow the facts wherever they lead. Scheduled to testify to Congress for the first time was former IRS Commissioner Douglas Shulman, who headed the agency for most of the period when it was improperly focusing on the conservative ...
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Extreme solar storm threatens Earths electrical grids
solar storm aimed at the Earth hits in just the right way, it could put interconnected electrical grids around the world at serious risk, experts say. In addition to creating beautiful auroras, ...
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Vatican marks anniversary of 1972 attack on Michelangelos Pieta
View Photo Reuters/Reuters - A combo photo shows a detail view of the damaged Michelangelo's Pieta and it after restoration works at the Vatican. Forty-one years ago, a crazed Hungarian named Laszlo Toth jumped an ...
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Carriers Maintain Asia-Med Capacity Despite Euro Crisis
Ocean carriers are paying a heavy price for failing to rein in capacity on the Asia-Mediterranean route despite the deepening economic crisis across southern Europe, according to shipping consultant Drewry.Traffic is stalling, freight rates have tumbled more than 40 percent since the beginning of the year and ships are sailing half full on the eastbound leg to the Far East."Unsustainable ...
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New Issue-Plastic Omnium prices 500 mln euro 2020 bond
Tue May 21, 2013 9:50am EDT May 21 (Reuters) -Following are terms and conditions of a bond priced on Tuesday. Borrower Compagnie Plastic Omnium SA Issue Amount 500 million ...
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Sen. Jeff Sessions tries to sink the immigration bill by himself
Power Players When it comes to immigration reform, perhaps no senator has been more vocal about their displeasure with the newest bill, drafted by the group of bipartisan senators known as the "Gang of Eight," than Sen. Jeff Sessions (R-Ala.)--the Republican many blame for the defeat of the last immigration reform bill in 2008. "This bill, written by the 'Gang of ...
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Did Pope Francis perform an exorcism
View Photo Associated Press/Andrew Medichini - Pope Francis greets the faithful in St. Peter Square at the Vatican, after celebrating a Pentecost mass, Sunday, May 19, 2013.(AP Photo/Andrew ...
Switzerland Featured
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Switzerland world's most competitive country
Switzerland is frequently pointed to as a model of good governance, prosperity, innovation and stability and is one of the happiest countries in the world. The recent competitive survey by the WEF underscored this, but came with a warning.
Switzerland truly is an impressive country, landlocked and small with no natural resources; it has developed into one of the richest countries in the world and was recently named the most competitive economy in the world. This is due in large part to its banking sector, which is one of the most advanced and its government structure, which is efficient in comparison to many other developed countries. Read more
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