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Japan revises its economic forecast as Abes policies start to pay off
Tetsushi Kajimoto and Izumi Nakagawa - 21 May 2013 THE Japanese government upgraded its assessment of the economy yesterday, as emerging signs of an upturn in exports and factory output added to growing evidence that Prime ...
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Around 95pc of Battersea apartments already sold
Nichola Saminather - 21 May 2013 London's Battersea Power Station site has attracted buyers who have reserved about 95pc of apartments and townhouses worth about 681m since January, according to the ...
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Erupting Alaska volcano spews ash disrupts air travel
ANCHORAGE, Alaska (Reuters) - One of Alaska's most active volcanoes, which has been belching ash and spewing lava since last week, has forced regional flight cancellations and dusted some nearby communities with ash, scientists and local officials said on ...
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First Person Taking shelter as tornadoes hit Oklahoma City area
BRIDGE CREEK, Okla. -- It was 1:55 this afternoon when I took my children and dogs down to our storm shelter in this town just southwest of Oklahoma City. I had just phoned my neighbors to warn them about the imminent tornado threat, and no sooner had we reached the storm shelter, a tornado formed right in front of our eyes over in the town of Newcastle. I had no clue just how bad this tornado ...
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Cardinal skips graduction event over Irish PM
View Photo Associated Press/Elise Amendola - Irish Prime Minister Enda Kenny, right, is hooded by Boston College President William P. Leahy as he receives an honorary Doctor of Laws degree during commencement ...
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Police close Susan Powell case reveal new details
View Photo Associated Press/Rick Bowmer - West Valley City Deputy Police Chief Mike Powell, center, makes remarks during a news conference, while West Valley City Mayor Mike Winder, right, and West Valley City ...
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Guatemala court overturns ex-dictators genocide conviction
View Photo Associated Press/Moises Castillo, File - FILE - In this Friday, May 10, 2013 file photo, Guatemala's former dictator Jose Efrain Rios Montt wears headphones as he listens to the verdict in his genocide ...
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Chinese release North Korean fishing boat crew
Yu Xuejun wrote on a verified microblog Tuesday that his captain called him at 3:50 a.m. Tuesday to say that the North Koreans had released them. He says most of their diesel fuel had been stolen and that it was too early to tell the condition of the crew members. Xu says he was unable to pay a ransom, and he thanked ...
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AP source Treasury told WH of IRS disclosure plan
WASHINGTON -; A Treasury official says the department told the White House twice that the IRS was preparing to make public its targeting of conservative political ...
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Neelie Kroes speech at the 11th European Business Summit Digitisation of our economies
Our world is going online. Ever more services, from banking to government; from energy to education. And no doubt, that brings huge benefits for productivity, competitiveness, and jobs. Online small businesses grow and export twice as much. The Internet creates two and a half jobs for every one ...
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Death toll at least 51 in Oklahoma tornado
Oklahoma medical examiner 's office, said 51 were confirmed dead, up from 37 fatalities reported earlier. The powerful tornado, rated the second highest strength level of EF4 and packing winds of up to 200 miles per hour, touched down at midafternoon and devastated a wide area of the town. (Reporting By Brendan O'Brien; Writing by Greg McCune; Editing by Bill ...
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Rare fox makes comeback on Calif. island
northern Channel Islands , a rugged and wind-swept chain off Southern California, officials said Monday. The population of the fox dropped to an all-time low of just 70 animals ...
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Tornado rated EF4 second strongest level
EF4 tornado can blow away a well-constructed wood or brick home. A final rating will not be known until teams have examined the damage. (Reporting by Greg McCune; Editing by Bill ...
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Euro rebounds yen gains
THE euro has rebounded against the dollar after sharp losses last week, while the yen also pushed higher after Japan's economy minister said it may have fallen far ...
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Euro Outlook and Levels
Euro Outlook and Levels This is an important week for the euro. For the past month, investors have been selling euros and buying dollars on the premise that the Eurozone is in recession, U.S. is in recovery and the ECB is considering more stimulus at a time when the Fed is considering less. All of these assumptions will be tested this week with key event risks on both sides of the Atlantic. For ...
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Huge tornado hits Oklahoma City area
A devastating, mile-wide tornado touched down near Oklahoma City on Monday, decimating homes, businesses and schools in the suburb of Moore. There were no immediate reports of fatalities or injuries, as emergency officials urged people to remain off the roads so rescue workers and first responders could reach people potentially trapped in rubble. "This is war zone terrible," Jon ...
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Doors keyboardist Ray Manzarek dies at 74
View Photo Reuters/Reuters - Riders On The Storm's Ray Manzarek performs during a concert of their European tour which commemorates the 40th anniversary of the band The Doors in Valencia January 14, 2007. ...
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Obama to travel to Africa in late June
WASHINGTON (Reuters) - President Barack Obama and his wife, Michelle, will travel to Senegal, South Africa and Tanzania in late June and early July to reinforce U.S. ties with countries in sub-Saharan Africa, the White House said on ...
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More Obama aides knew of IRS audit Obama not told
FILE - In this May 15, 2013 file photo, President Barack Obama speaks in the East Room of the White House in Washington. It might have seemed a no-win situation to the White House: either keep President Barack Obama in the dark about a looming investigation into political targeting by the Internal Revenue Service or blur legal lines by telling him about an independent audit. (AP Photo/Jacquelyn ...
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Britain is booming FTSE reaches 12-year high as record looms
FTSE 100 blue chip index matched levels from September 2000, just before the market's fascination with loss-making technology companies such as lastminute.com came to an abrupt end and the dotcom bubble burst. The closely watched index of the 100 biggest companies traded in London is also within sight of its all time peak of the 6,930 reached on 30 December 1999.The FTSE 100 is nonetheless ...
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Downright chilling targeting of Fox News reporter
decision to target of one of its reporters , James Rosen, in a national security leak investigation. Executive Vice President Michael Clemente portrayed the government's actions as an assault on "what up until now has always been a free press." "We are outraged to learn today that James Rosen was named a criminal co-conspirator for simply doing his job as a reporter," ...
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NYPD to increase presence after bias killing
NEW YORK -; A spate of anti-gay attacks in New York City is prompting police to increase their presence in some gay-friendly neighborhoods heading into what's usually a time for ...
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Senators want fingerprint checks at airports
exit system is long overdue." A full-fledged biometric entry-exit system is favored by many senators but was deemed too expensive and unworkable to include in the bill. Current law already requires such a system to be in place, but the Department of Homeland Security has not implemented it. Instead the bill seeks electronic scanning of photo IDs. Under Hatch's amendment, the ...
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Why an 87-year-old took on Donald Trump Someone had to
View Photo Associated Press/M. Spencer Green, File - FILE - In this May 14, 2013 file photo, Donald Trump arrives at federal court n Chicago to testify at a civil trial where he's accused of enticing investors to ...
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Bomb attacks kill more than 70 across Iraq
View Photo Reuters/Reuters - Residents gather at the site of a car bomb attack at the Kamaliya district in Baghdad May 20, 2013. REUTERS/Mohammed ...
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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