Similarities may push Merkel, Hollande together

Similarities may push Merkel, Hollande together


Similarities may push Merkel, Hollande together

Posted: 14 May 2012 11:12 PM PDT

BERLIN/PARIS (Reuters) - Five years ago, Nicolas Sarkozy flew straight to Berlin after his inauguration and shocked his hosts with some blunt talk on planemaker Airbus, one of the most sensitive of Franco-German issues.


VIDEO: German faith in austerity explained

Posted: 14 May 2012 11:08 PM PDT

When the Berlin Wall came down, the former West Germany poured billions into helping the East grow and it paid for the expansion by freezing wages for more than a decade.


VIDEO: Last-ditch Greek coalition talks

Posted: 14 May 2012 10:51 PM PDT

Greek leaders will meet again to continue trying to form an emergency coalition, with President Karolos Papoulias proposing a possible handover of power to a technocratic government.


VIDEO: Hollande put to work immediately

Posted: 14 May 2012 10:44 PM PDT

On Tuesday Francois Hollande will be sworn in as France's new president, before immediately being put to work trying to tackle the European debt crisis.


U.S. unimpressed with India's efforts to cut Iran oil buys: envoy

Posted: 14 May 2012 10:32 PM PDT

NEW DELHI (Reuters) - The United States is not impressed with India's efforts to cut its oil imports from Iran, a top U.S. diplomat said on Tuesday, throwing into doubt whether New Delhi would be given a waiver from U.S. financial sanctions before a June deadline. As a major buyer of Iranian crude, India is crucial to U.S. efforts to squeeze Iran's economy until it agrees to curb its nuclear program, which the United States and other Western nations suspect is a cover to build atomic weapons. The issue has become an irritant in ties between India and the United States. Carlos Pascual, the U.S. ...


Greek deadlock heightens fears of full European economic crisis

Posted: 14 May 2012 05:27 PM PDT

Political deadlock in Greece rattled world markets Monday, reviving fears that the fractious Mediterranean country could spurn an international bailout, abandon the common European currency and risk a fresh round of world economic turmoil.

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Gen. Allen to leave Afghanistan post

Posted: 14 May 2012 05:07 PM PDT

Marine Corps Gen. John Allen, the top commander in Afghanistan, is expected to leave his post early next year and take over the U.S. European Command, officials said.

Allen has spent much of his tumultuous year in Afghanistan helping to negotiate a long-term security agreement with the Afghan government and overseeing the initial drawdown of U.S. forces from the country.

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Senate to call Secret Service director to testify on prostitution scandal

Posted: 13 May 2012 10:14 AM PDT

The director of the Secret Service will be called before a Senate committee May 23 to provide details about the investigation into the Colombia prostitution scandal that has resulted in the dismissal of nine employees.

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Moody's downgrades 26 Italian banks

Posted: 14 May 2012 10:26 PM PDT

Credit rating agency says move prompted by economic recession and government austerity measures that have hurt demand.


The Official Watch Of The Kentucky Derby (And Andre Agassi)

Posted: 14 May 2012 09:36 PM PDT

The Saint-Imier watches include chronographs, plus a top-of-the-line model with four retrograde functions, day/night display, and moon phases. All the models have a "skeleton" back so owners can admire the intricate mechanical movements.


U.S. unimpressed with India's efforts to cut Iran oil buys: envoy

Posted: 14 May 2012 10:32 PM PDT

NEW DELHI (Reuters) - The United States is not impressed with India's efforts to cut its oil imports from Iran, a top U.S. diplomat said on Tuesday, throwing into doubt whether New Delhi would be given a waiver from U.S. financial sanctions before a June deadline.


Can Chevrolet Really Rescue Opel?

Posted: 14 May 2012 09:19 PM PDT

In 1911, Louis-Joseph gave William Crapo Durant a second chance. Durant had founded three years earlier, but was pushed out of the way. The two men joined forces to start the Motor Car Company, putting Durant back on his feet and eventually allowing him to regain control of G.M. Now, GM may ask to give ...


Student Loan Crisis - New York Times Catching Up With My Guest Posters

Posted: 14 May 2012 09:08 PM PDT

I started following the student loan crisis when I noted that student loans seemed to be neck and neck with health care as the primary grievances on the We Are The 99% site.?? I was very lucky to get two pretty regular guest posters Alan Collinge and Tim Smith, who have written on the issue ...


Are Facebook And Google Playing By The Same Anti Free Speech Playbook?

Posted: 14 May 2012 09:01 PM PDT

I??recently??read an article about a conservative blogger being taken down by google and it felt very familiar. ??I have had my facebook pages taken down by facebook 5 times for reasons explained as ? Violating terms and conditions? with no ability to appeal the matter to, well, anyone. ?? Is this the recent trend of ...


China military paper warns officers to toe party line

Posted: 14 May 2012 08:55 PM PDT

Soldiers from an honour guard practice ahead of an official welcoming ceremony in BeijingBEIJING (Reuters) - China's top military newspaper warned officers on Tuesday to remain the ruling Communist Party's "most loyal" defenders in the face of what it called Western plotting, describing recent cases of ill-discipline and corruption as a "profound warning". The commentary in the Liberation Army Daily did not specify what problems might have prompted the unusually blunt warning over laxity, waste and abuses in the Chinese military, but the Communist Party is wrestling with scandals ahead of a power succession later this year. ...



Mexico cartel war latest toll: 49 headless bodies

Posted: 14 May 2012 04:06 PM PDT

Federal police stand guard on a vehicle behind a forensic truck containing bodies found on the highway connecting the northern Mexican metropolis of Monterrey to the U.S. border, along the Reynosa-Cadereyta road, in the town of San Juan near the city of Monterrey, Mexico, Sunday, May 13, 2012. Authorities struggled on Monday to identify dozens of people found mutilated and scattered in a pool of blood in a region where Mexico's two dominant drug cartels are trying to outdo each other in bloodshed while warring over smuggling routes. (AP Photo/Christian Palma)Authorities struggled Monday to identify 49 bodies without heads, hands or feet to gain clues into the latest in a series of massacres from an escalating war between Mexico's two dominant drug cartels, with increasing evidence that innocents are being pulled into the bloodbath along with gang rivals.



China military paper warns officers to toe party line

Posted: 14 May 2012 08:55 PM PDT

BEIJING (Reuters) - China's top military newspaper warned officers on Tuesday to remain the ruling Communist Party's "most loyal" defenders in the face of what it called Western plotting, describing recent cases of ill-discipline and corruption as a "profound warning".


VIDEO: Soyuz rocket launch in Kazakhstan

Posted: 14 May 2012 08:40 PM PDT

A Soyuz rocket carrying two Russian cosmonauts and an American astronaut has launched successfully from the Baikonur cosmodrome in Kazakhstan.


Is Amazon Planning To Launch A Front-lit Kindle In July?

Posted: 14 May 2012 08:05 PM PDT

Last month, Barnes and Noble introduced??the??Nook Simple Touch with GlowLight, the $139 device that added new functionality to e-book readers with an integrated reading light. Unlike traditional e-ink readers, which are easy on the eyes in bright lights and outdoors, Nook?s integrated GlowLight helps make the Nook easier to read in darker lighting. Of course, ...


Groupon Soars Afterhours and Scorches with Revenue Growth

Posted: 14 May 2012 07:59 PM PDT

? Logo of Groupon (Photo credit: Wikipedia) Groupon is the IPO investors love to hate. The company??stunned critics tonight with earnings that soundly beat consensus on the top and bottom lines.?? The distributor of internet coupons reported revenues of $559 million that were 4% above analyst estimates of $530 million.?? Earnings per share, excluding extra ...