Children among 74 dead in 2 days of Syrian turmoil (AP) |
- Children among 74 dead in 2 days of Syrian turmoil (AP)
- Egyptian officials to visit US amid tensions
- Dispatches From Davos
- Study: Energy Efficiency in Apartments Could Save $3.4 Billion
- VIDEO: Blizzards hit south-eastern Europe
- Security chief during Mexico's 'dirty war' dies (AP)
- Panetta cites key intelligence on bin Laden raid (AP)
- Good and Better IRS News For Abuse Victims
- Emboldened Taliban Try to Sell Softer Image
- UN considers resolution on Syria
- Twitter and the Dictator's Dilemma
- Fitch cuts ratings of 5 eurozone countries
- Tweet lightly: How social media could someday affect your credit score, insurance, and more (Digital Trends)
- Information from Australian PM's aide led to clash (AP)
- The Week Ahead: Stocks Need Some Bad News
- What They're Drinking at Davos
- VIDEO: Barefoot Bandit sentenced again
- Senegal's president cleared to run for 3rd term (AP)
- Hooking Up With Gen Y - Challenge for Business
- Rival Sudans fail to resolve oil row
| Children among 74 dead in 2 days of Syrian turmoil (AP) Posted: 27 Jan 2012 09:11 PM PST
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| Egyptian officials to visit US amid tensions Posted: 27 Jan 2012 10:04 PM PST Military council's crackdown on NGOs, notably a travel ban on six American staffers, imperils US aid to the country.
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| Posted: 27 Jan 2012 08:43 PM PST Russia's business elite chose a breakfast hosted by state-controlled OAO Sberbank at the World Economic Forum on Friday to vent their frustration with the way their country is run.
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| Study: Energy Efficiency in Apartments Could Save $3.4 Billion Posted: 27 Jan 2012 08:00 PM PST Energy-efficiency upgrades in U.S. apartment buildings could cut energy bills by almost $3.4 billion annually nationwide, according to a new report this week from think tanks CNT Energy and the American Council for an Energy-Efficient Economy. The estimate includes $2.03 billion in potential electricity savings and $1.34 billion in potential natural-gas savings from retrofits such ...
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| VIDEO: Blizzards hit south-eastern Europe Posted: 27 Jan 2012 08:12 PM PST Snowstorms and sub-zero temperatures have hit parts of south-eastern Europe, leaving at least one person dead and thousands more without power.
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| Security chief during Mexico's 'dirty war' dies (AP) Posted: 27 Jan 2012 06:34 PM PST
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| Panetta cites key intelligence on bin Laden raid (AP) Posted: 27 Jan 2012 06:49 PM PST AP - Defense Secretary Leon Panetta is acknowledging publicly for the first time that a Pakistani doctor provided key information to the U.S. in advance of the successful Navy SEAL assault on Osama bin Laden's compound last May.
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| Good and Better IRS News For Abuse Victims Posted: 27 Jan 2012 07:35 PM PST It is a real tragedy that??someone can escape an abusive marriage, only to find themselves being pursued by the IRS for the abuser?s tax debts.?? How does it happen ? Filing a joint return will usually result in a married couple having a lower federal tax than the total of two??married filing separate returns (The ...
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| Emboldened Taliban Try to Sell Softer Image Posted: 27 Jan 2012 09:07 PM PST The Taliban in Afghanistan have moderated a lot of their once-radical positions and now support education for girls. As the U.S. pursues peace talks with the Taliban, the question is will the group behave more responsibly if returned to power.
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| UN considers resolution on Syria Posted: 27 Jan 2012 10:15 PM PST Days of tough talks loom before any vote is held as Russia says the proposed resolution crosses its "red lines".
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| Twitter and the Dictator's Dilemma Posted: 27 Jan 2012 06:33 PM PST It?s not often you hear free-speech advocates praising a censorship policy???but that?s what happened on Thursday, after Twitter announced a new policy of withholding content both on a tweet-by-tweet and a country-by-country basis. ?Starting today, we give ourselves the ability to reactively withhold content from users in a specific country???while keeping it available in the ...
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| Fitch cuts ratings of 5 eurozone countries Posted: 27 Jan 2012 05:48 PM PST WASHINGTON: Rating agency Fitch on Friday downgraded five eurozone countries, including Italy and Spain, citing their vulnerability to sharp turns in market sentiment amid Europe's debt crisis. Fitch cut credit ratings on Italy, Spain, Belgium, Slovenia and Cyprus, and lowered its outlook on Ireland, saying the "near-term economic outlook highlight(s) the greater vulnerability to monetary as well as financing shocks faced by these sovereign governments." It hit at European politicians' "gradualist approach" to systemic reform in the eurozone as Greece teeters on a debt default and the financial turmoil stalls economic growth. "In Fitch's opinion, the eurozone crisis will only be resolved as and when there is broad economic recovery," the agency said in a statement. "It is evident that further substantial reforms of the governance of the eurozone will be required to secure economic and financial stability, including greater fiscal integration." The negative ratings revisions, potentially raising the countries' borrowing costs, added pressure to European Union leaders struggling to deal with Greece's debt crisis and build a financial firewall to contain the contagion. Fitch lopped two notches off the ratings on Italy, Spain and Slovenia, saying that Italy faced too-slow growth against its rising debt and Spain faced "a significantly worsened fiscal and economic outlook." Italy was downgraded to "A-", and Spain and Slovenia to "A". Fitch cut by one notch Belgium, to "A," and Cyprus, to "BBB-". Ireland's rating at "BBB" was maintained, but Fitch put the country on a "negative outlook," signalling it could suffer a downgrade. The other five countries were already on negative outlook. Fitch said that its negative outlooks on those six, as well as those on France and Portugal, primarily reflected the risk that the crisis could intensify further. "A deeper and more prolonged economic recession than currently anticipated would undermine political support for, and public acceptance of, fiscal austerity and structural reform," Fitch warned. "It would also have the potential to weaken the commitment of the economically and fiscally strongest eurozone countries, and the ECB, to providing necessary support to eurozone peers." The downgrades came after the International Monetary Fund on Tuesday slashed its growth forecast for the single-currency area, projecting a 0.5 percent contraction for 2012. It was also ahead of an EU summit in Brussels on Monday set to negotiate a fiscal compact aimed at resolving the eurozone debt crisis. Britain remains opposed to the idea. Critics say Europe has been heavy on talk and light on action. European Central Bank chief Mario Draghi, speaking at the World Economic Forum in Davos, Switzerland, appeared to echo that view. The ECB president said Friday that in the past five months, "Much has been discussed and put on paper" regarding regulatory policy. But there had been "relatively less policy implementation." - AFP
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| Posted: 27 Jan 2012 05:40 PM PST Digital Trends - Did you know January 28 is Data Privacy Day in the United States, Canada, and the European Union? The intention behind Data Privacy Day is to raise awareness of the importance of protecting the privacy of personal informationâ€"not just amongst individual users of things like social networking, but also amongst businesses, organizations, and corporations that collect, retain, and access information about their clients, customers, and users. Companies like Facebook, Google, Microsoft, and Yahoo have been drawing the attention of privacy advocates and regulators in recent years, but the reality is that there are tens of thousands of companies out there collecting, processing, and distributing personal information about individuals all the time. Increasingly, those companies are looking to things like social networking for cues about individuals’ behaviors, lifestyle, interests, and activities.
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| Information from Australian PM's aide led to clash (AP) Posted: 27 Jan 2012 05:54 PM PST AP - A clash between protesters and Australian police that forced bodyguards to rush Prime Minister Julia Gillard out of an event appears to have been set off by information released by one of Gillard's own aides.
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| The Week Ahead: Stocks Need Some Bad News Posted: 27 Jan 2012 05:30 PM PST Markets are due for a bull-scaring correction that would open more opportunities, but until then investors should stick with lower-risk sectors and good entry levels. MoneyShow.com senior editor Tom Aspray shares his favorite plays. The US stock market finally took a rest Friday. Investors were disappointed by the advance reading on US GDP for the fourth quarter. Although the reading of 2.8% was better than the third quarter's 1.8%, the difference was mainly due to inventory growth. Looking further inside the report, consumer spending was weaker than expected, and so was the consumer savings rate. This helps to explain Ben Bernanke's lack of enthusiasm about the economy. The Fed's announcement that it is planning to keep rates low until year-end 2014, instead of the middle of 2013, gave stocks quite a boost. The Fed also announced a target rate for inflation. Of course, in extending its outlook, the Fed left open the possibility that rates could be raised before then if conditions warranted. Count on it. The combination of the Fed announcement and Apple's (AAPL) surprise earnings have helped to postpone the market's correction. Many late buyers were sucked in on Thursday's opening, when the market surged to brief new highs before turning lower. Frankly, to create a better buying opportunity, the stock market needs more bad news. Why? Although the number of bulls has stayed fairly constant recently, the number of bears from the American Association of Individual Investors survey has dropped from 23.6% to 18.9%. The market would be healthier if this enthusiasm was dampened. As stocks have continued to move higher, there has been quite a bit of sector rotation. I expect this to continue, and investors will need to pay close attention to sectors when they establish new positions.
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| What They're Drinking at Davos Posted: 27 Jan 2012 06:50 PM PST At the economic forum's hottest party, guests come to schmooze—and for the choice booze.
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| VIDEO: Barefoot Bandit sentenced again Posted: 27 Jan 2012 05:30 PM PST The notorious 20-year-old former fugitive known as the Barefoot Bandit has been sentenced by a federal judge to six-and-a-half years in prison.
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| Senegal's president cleared to run for 3rd term (AP) Posted: 27 Jan 2012 09:11 PM PST
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| Hooking Up With Gen Y - Challenge for Business Posted: 27 Jan 2012 05:20 PM PST ?? Tim Smith blogs on the "Echo Boom", also known as Generation Y (Americans born between 1980 - 1995). Tim has previously appeared here discussing his generation?s attitude towards homeownership and education. They don't date, they hook up.?? They don't marry, they cohabit.?? They prioritize parenthood more than anything, even when they remain single.?? Who ...
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| Rival Sudans fail to resolve oil row Posted: 27 Jan 2012 08:01 PM PST Meeting in Ethiopian capital had been called after the South shut production, saying Khartoum was stealing oil.
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