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Lagarde to be questioned in €285m state payout case
Christine Lagarde will be questioned by a French magistrate today over her role in a EUR285m arbitration payment made to a supporter of former president ...
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Italians cant afford meat as they see savings dwindle away
Gavin Jones, Naomi O'Leary and Roberto Landucci - 23 May 2013 Millions of Italians cannot afford to heat their homes or eat meat as their country is racked by recession and ...
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Merkel tops Forbes powerful women list for third year in row
Paul Wright - 23 May 2013 ANGELA Merkel has topped the 'Forbes' World's 100 Most Powerful Women list for the third year running, beating the likes of Dilma ...
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EU to push for faster integration of power as competition heats up
European Union leaders are set to urge faster integration of the bloc's power and natural-gas markets to lower energy prices as the US shale-gas revolution widens ...
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Samsung and LG forced into a rethink on high-end TVs
LG Electronics are reworking their strategies for high-end TVs after spending billions of dollars on a new display technology that is behind schedule and costs almost $10,000 (EUR7,760) a ...
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Strong investor interest in North wind energy bond
23 May 2013 Dublin tech investor BVP has reported strong interest in its new wind energy bond, which invests in the Northern Irish wind ...
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Cutting economic stimulus would harm recovery – Bernanke
"A premature tightening of monetary policy could lead interest rates to rise temporarily but would also carry a substantial risk of slowing or ending the economic recovery and causing inflation to fall further," Bernanke said yesterday in testimony prepared for a hearing at the Joint Economic Committee ...
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Pandora shares fall as Prometheus sells 10pc stake
23 May 2013 Shares in Pandora, the Danish maker behind the eponymous bracelets and charms, fell by the most in 15 months yesterday after its majority shareholder capitalised on the stock's strength by selling a 10pc ...
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Nearly all US states see hefty drop in teen births
By The Associated Press The U.S. teen birth rate fell 25 percent over five years to a record low of 31 births per 1,000 teens ages 15 to 19, according to a report from the Centers for ...
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Japanese climber 80 becomes oldest atop Everest
KATMANDU, Nepal (AP) -- A Nepalese official says 80-year-old Japanese mountaineer Yuichiro Miura has become the oldest man to reach the top of Mount ...
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European stocks rally London`s benchmark FTSE 100 climbs beyond 13-year high
(menafn - ecpulse) European stocks ended slightly higher, yet below record highs on Tuesday, with Britains FTSE 100 shooting past its 13-year high amidst a barrage of company results, and continued stimulus support from world central banks. Such stimulus by global central banks - including asset ...
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Woman praised for distracting attack suspects in London
horrific attack that left a U.K. soldier dead on the streets of London could have been worse, were it not for the actions of a 48-year-old single mom, the ...
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Firefighters unprepared for Texas blast
View Photo Reuters/Reuters - A housing complex is seen after it was destroyed by a deadly fertilizer plant explosion in the town of West, near Waco, Texas, in this April 21, 2013 file photo. REUTERS/Michael ...
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Youth violence in Stockholm shock Sweden
View Photo Reuters/Reuters - Firefighters extinguish a burning car, following riots in the Stockholm suburb of Kista late May 21, 2013, in this picture provided by Scanpix. Sweden's capital has been hit by some of ...
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Chicago board approves largest school closing
elementary schools - in the largest mass school closing in the nation. The closings in mainly Hispanic and African-American neighborhoods have drawn protests by parents and teachers union leaders who say the closures will expose children to greater gang violence in a city that recorded 506 murders in 2012. ...
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Arias jury adjourns for day after impasse
View Photo Associated Press/The Arizona Republic, Rob Schumacher, Pool - Jodi Arias stands as the jury enters the courtroom on Wednesday, May 22, 2013 during the penalty phase of her murder trial at Maricopa County ...
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FBI make arrest in Wash. ricin letter scare
View Photo Associated Press/TheSpokesman-Review, Colin Mulvany - During the execution of a search warrant, members of the Joint Federal Haz-Mat Team, FBI, and local law enforcement gather in front of the Osmun ...
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Man linked to Boston bombing suspect killed by FBI in Florida
ORLANDO, Fla./WASHINGTON (Reuters) - A Chechen immigrant who was being questioned about his possible links to one of the Boston Marathon bombing suspects was shot and killed by a federal agent in Florida on Wednesday after he suddenly turned violent, the FBI ...
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The euro zone economy is declining for six consecutive quarters. Nine of the 17 countries are in recession Spain France Italy Finland Netherlands Portugal Cyprus Greece and Slovenia. The austerity policy imposed by the troika and the German govern
The euro zone economy is declining for six consecutive quarters. Nine of the 17 countries are in recession: Spain, France, Italy, Finland, Netherlands, Portugal, Cyprus, Greece and Slovenia. The austerity policy imposed by the troika and the German government of Angela Merkel is sinking Europe. Eurostat data was released on Wednesday (15th) and are relative to GDP in the euro area in the first ...
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Heffernan Latest tax dodge dulls Apples luster
on Investigations as lawmakers examine the methods employed by multinational corporations to shift profits offshore and how such activities are affected by the Internal Revenue Code. Lawmakers want to know the tax strategy of how Apple, the world's most valuable company, based in Cupertino, Calif., holds a billion dollars in an Irish subsidiary as a tax strategy, according to a report ...
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Teen who penned web-hit farewell song dies
enough to share the load with me, said Sobiech. Sobiech, the Lakeland, Minn. teenager whose song "Clouds" became an Internet sensation, died early Monday, May 20, 2013 at his home, surrounded by family and his girlfriend, according to a CaringBridge post by Zach's mother. He was 18. Sobiech, who had a rare form of bone cancer, began writing songs of farewell to family and friends ...
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European banks stop sending money to North Korea aid groups
BEIJING (Reuters) - European aid groups said their banks in Europe had stopped sending money to North Korea in the wake of U.S. sanctions on Pyongyang's main foreign exchange bank, leaving them scrambling for a solution short of hand-carrying cash into the impoverished ...
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Pocket-dialing 911 leads to Fla. murder charge
FORT LAUDERDALE, Fla. -; Authorities in South Florida say a man is charged with murder because he was overheard discussing the killing when his cellphone pocket-dialed ...
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Whats next for the immigration bill
Elena Marquez, center, and others at a rally to call on Congress to pass immigration reform. (Joe Raedle/Getty … It's been a good week for proponents of immigration reform. The sweeping bill that seeks to legalize most of the country's 11 million unauthorized immigrants was passed by the Senate Judiciary Committee on Tuesday night, after five full days of debate and amendments ...
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Holder U.S. killed four Americans overseas in drone strikes
This photo, from Oct. 2008, shows Imam Anwar al-Awlaki in Yemen, who was killed in a U.S. drone strike. (Muhammad … Attorney General Eric Holder informed Congress on Wednesday that the U.S. has killed four Americans in drone strikes since 2009 - radical cleric Anwar al-Awlaki and three others who were "not specifically targeted." Holder's ...
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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