VIDEO: Euro 2012: Fans euphoric in Madrid

VIDEO: Euro 2012: Fans euphoric in Madrid

VIDEO: Euro 2012: Fans euphoric in Madrid

Posted: 01 Jul 2012 07:02 PM PDT

Spain have won the Euro 2012 football championship, much to the delight of thousands of supporters who had gathered in central Madrid to watch the game.


VIDEO: Zuma: 'No mine nationalisation'

Posted: 01 Jul 2012 10:58 PM PDT

In an interview with the BBC, President Jacob Zuma has said the nationalisation of South Africa's mines has not been introduced as a new policy.


Mexico returns former ruling party to power

Posted: 01 Jul 2012 10:33 PM PDT

Mexico's old guard sailed back into power after a 12-year hiatus Sunday as the official preliminary vote count handed a victory to Enrique Pena Nieto, whose party was long accused of ruling the country through corruption and patronage.


Earth's rotation slows, breaks Internet

Posted: 01 Jul 2012 10:35 PM PDT

There?s nothing like a slowdown in the earth?s rotation to ruin a Saturday night. System administrators around the country were called away from dinner dates and gaming sessions on Saturday after an extra second was added to the evening by the world?s timekeepers, causing widespread failure among computers that keep the world?s websites online. Among ...


Ingram Micro To Buy Brightpoint For $9 A Share In Cash

Posted: 01 Jul 2012 10:29 PM PDT

Ingram Micro on Sunday announced that it has agreed to acquire wireless sector distribution specialist Brightpoint??for $9 a share in cash, or about $840 million, including assumption of net debt. Brightpoint had closed at $5.41 on Friday. Ingram said the deal ?will create a leading global provider of device lifecycle services and solutions for the ...


Arms trade treaty negotiations begin, Syria casts shadow

Posted: 01 Jul 2012 10:05 PM PDT

UNITED NATIONS (Reuters) - Delegates from around the world gather in New York on Monday for the start of month-long U.N.-hosted negotiations to hammer out the first-ever binding treaty to regulate the global weapons market, valued at more than $60 billion a year. Arms control campaigners say one person every minute dies as a result of armed violence around the world and that a convention is needed to prevent illicitly traded guns from pouring into conflict zones and fueling wars and atrocities. Most U.N. member states favor a strong treaty. ...


Leftist candidate won't concede Mexico presidency

Posted: 01 Jul 2012 09:43 PM PDT

Supporters of Enrique Pena Nieto, presidential candidate for the Revolutionary Institutional Party (PRI) gather at party headquarters as exit polls begin to come in for general elections in Mexico City, Mexico, Sunday, July 1, 2012. Pena Nieto is leading Mexico's elections with about 40 percent of the vote, exit polls showed Sunday, signaling a return of his long-ruling party to power after a 12-year hiatus. (AP Photo/Alexandre Meneghini)Leftist candidate Andres Manuel Lopez Obrador says he won't concede the presidency despite an official preliminary count that shows him losing to former ruling party candidate Enrique Pena Nieto.

NATO says 3 service members killed in Afghanistan

Posted: 01 Jul 2012 10:01 PM PDT

A man in an Afghan police uniform on Sunday shot and killed three foreign troops in southern Afghanistan, the U.S.-led coalition said in a statement.


Arms trade treaty negotiations begin, Syria casts shadow

Posted: 01 Jul 2012 10:06 PM PDT

UNITED NATIONS (Reuters) - Delegates from around the world gather in New York on Monday for the start of month-long U.N.-hosted negotiations to hammer out the first-ever binding treaty to regulate the global weapons market, valued at more than $60 billion a year.

Dozens quit Japan's ruling party in blow to PM

Posted: 01 Jul 2012 09:30 PM PDT

A powerful member of Japan's ruling party and dozens of his followers have decided to quit the group and will likely form their own rival bloc, dealing a blow to Prime Minister Yoshihiko Noda.


Holy Mini-Y2K! 'Leap Second' Also Took Down Major Sites This Weekend

Posted: 01 Jul 2012 09:45 PM PDT

It was a bad weekend for the internet. First an electrical storm in the D.C. area took down Amazon?s cloud??Friday night causing hours of outright outages for many major sites and performance disruptions a full day later. Then, at 8 PM EDT, Saturday night, a regularly scheduled ?leap second? caused further havoc. Leap seconds are ...


Wait, You Mean Apple's Siri Won't Kill Google Search After All?

Posted: 01 Jul 2012 09:15 PM PDT

Just a few months ago, some folks were suggesting that ?s voice assistant Siri would??kill Google?s search by offering a more natural way for people to find what they want online?without annoying ads, either. Honestly, the notion sounded at best??rather ahead of itself at the time. But now, it seems???s search service?specifically aided by its ...


Ozawa Leaves Japan's Ruling Party

Posted: 01 Jul 2012 09:55 PM PDT

Japanese ruling-party heavyweight Ichiro Ozawa is leaving the party along with 51 other lawmakers, undermining Prime Minister Yoshihiko Noda's grip on power.


Many Japan lawmakers quit DPJ, but government keeps majority

Posted: 01 Jul 2012 09:32 PM PDT

TOKYO (Reuters) - Japanese political heavyweight Ichiro Ozawa and 51 other lawmakers will quit the ruling party over a plan to increase the sales tax, an aide said on Monday, although the government will retain its majority in the powerful lower house of parliament. Forty lower house members and 12 in the upper chamber will resign from the ruling Democratic Party of Japan (DPJ), the aide told reporters. That will bring down the ruling party's numbers in the 480-member lower house to 249 from 289. ...


Venezuela's Chavez, Capriles launch presidential race

Posted: 01 Jul 2012 09:45 PM PDT

SAN FRANCISCO DE YURUANI/MARACAY, Venezuela (Reuters) - President Hugo Chavez shook off his health problems to lead a massive rally on Sunday while opposition rival Henrique Capriles took to remote regions for the formal launch of Venezuela's presidential race. Unable to repeat the frenetic campaigning of past elections due to his struggle with cancer, a fist-pumping Chavez nevertheless made a rare appearance at a rally in central Venezuela to underline he is fit enough for the October 7 vote. ...


China court: Apple pays $60M to settle iPad case

Posted: 01 Jul 2012 10:22 PM PDT

Apple has paid $60 million to settle a dispute in China over ownership of the iPad name, a court announced Monday, removing a potential obstacle to sales of the popular tablet computer in the key Chinese market.


Revolt in Japan ruling party, but government keeps majority

Posted: 01 Jul 2012 11:10 PM PDT

TOKYO (Reuters) - Japanese political heavyweight Ichiro Ozawa, one of the key figures behind the ruling party's rise to power, led dozens of lawmakers out of the party on Monday, but the government will retain its majority in the powerful lower house of parliament.

China court: Apple to pay $60M to settle iPad case

Posted: 01 Jul 2012 08:22 PM PDT

A Chinese court says Apple has agreed to pay a local company $60 million to settle a dispute over ownership of the iPad name.


Mexican old guard leads, ruling party concedes

Posted: 01 Jul 2012 09:11 PM PDT

Supporters of Enrique Pena Nieto, presidential candidate for the Revolutionary Institutional Party (PRI) gather at party headquarters as exit polls begin to come in for general elections in Mexico City, Mexico, Sunday, July 1, 2012. Pena Nieto is leading Mexico's elections with about 40 percent of the vote, exit polls showed Sunday, signaling a return of his long-ruling party to power after a 12-year hiatus. (AP Photo/Alexandre Meneghini)Mexico's old guard prepared to sail back into power after a 12-year hiatus Sunday as the president of the country's long-ruling party said that exit polls "irreversibly" favored its presidential candidate, Enrique Pena Nieto.

The Terrifying Texas GOP Platform

Posted: 01 Jul 2012 08:19 PM PDT

I named this blog Pragmatic Economics in part because of my desire to avoid politics. That's why my tag line is, "I want to explain how things work, not what you should believe." However, I am so distressed by the 2012 platform released by the Texas Republican Party that I find it impossible not to ...


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Benghazi election HQ 'ransacked'

Benghazi election HQ 'ransacked'

Benghazi election HQ 'ransacked'

Posted: 01 Jul 2012 01:04 PM PDT

Pro-autonomy protesters attack the office of Libya's electoral authority in Benghazi, witnesses say, less than a week before landmark polls.


Japan Restarts a Nuclear Reactor

Posted: 01 Jul 2012 12:38 PM PDT

For the first time since shutting down all the country's nuclear power plants after the Fukushima disaster last year, Japan restarted a reactor, despite public protests.

Japan Restarts a Nuclear Reactor

Posted: 01 Jul 2012 12:38 PM PDT

For the first time since shutting down all the country's nuclear power plants after the Fukushima disaster last year, Japan restarted a reactor, despite public protests.

R.S.V.P. P.S: No Gluten, Fat or Soy, Please

Posted: 30 Jun 2012 09:57 PM PDT

With Americans' appetites subject to an array of dietary restrictions, balancing one guest's requirements for gluten free with another's for meatless can be a juggling act.

Iceland president wins record fifth term

Posted: 01 Jul 2012 12:44 PM PDT

Olafur Ragnar Grimsson beats main challenger, a well-known television personality, to win another four-year mandate.


Libya protesters storm Benghazi voting office

Posted: 01 Jul 2012 12:22 PM PDT

Hundreds of armed protesters enter local election commission to demand more seats for eastern city in July 7 elections.


Two killed in Yemen as army pursues militants

Posted: 01 Jul 2012 12:15 PM PDT

ADEN (Reuters) - At least two al Qaeda-linked militants were killed as U.S.-backed Yemeni forces pursued fighters driven from their southern strongholds last month, a local official said on Sunday.

Economy Cuts Into Obama’s Youth Support

Posted: 01 Jul 2012 12:57 PM PDT

A new generation appears less enthusiastic about the president than first-time voters in 2008, giving the Romney campaign an opportunity it intends to seize.

Goal: Live: Spain Leads Italy, 2-0, in Euro 2012 Final

Posted: 01 Jul 2012 12:56 PM PDT

The Spaniards are looking to become the first team to win consecutive European championships, while the surprising Italians seek their first title since 1968.

Syria transition plan denounced by both sides

Posted: 01 Jul 2012 11:45 AM PDT

State media and opposition groups criticise UN-brokered plan for unity government, as violence continues across country.


Iran threatens Israel; new EU sanctions take force

Posted: 01 Jul 2012 11:58 AM PDT

DUBAI (Reuters) - Iran announced missile tests on Sunday and threatened to wipe Israel "off the face of the earth" if the Jewish state attacked it, brandishing some of its starkest threats on the day Europe began enforcing an oil embargo and harsh new sanctions.

Transition Plan for Syria Falters

Posted: 01 Jul 2012 12:57 PM PDT

A plan by world powers for a Syrian political transition appeared doomed Sunday, with Bashar al-Assad's regime interpreting the outcome as a fresh lifeline from Russia.


China Manufacturing Growth Slows

Posted: 01 Jul 2012 08:46 AM PDT

In a signal that the world's second-largest economy hasn't bottomed out, China's manufacturing activity last month grew at the slowest pace since November.


Rebels Destroy Historic Sites in Mali

Posted: 01 Jul 2012 09:34 AM PDT

Islamist rebels said Sunday they will continue to destroy historic sites in Mali's northern city of Timbuktu before they implement strict Shariah law, as Mali's government compared the destruction to war crimes.


Iran Works to Offset Sanctions' Effect

Posted: 01 Jul 2012 12:56 PM PDT

With the European Union oil embargo taking full effect Sunday, Iran is stepping up its efforts to ensure its oil industry can withstand the sanctions.


Indonesian Leader to Visit Australia

Posted: 01 Jul 2012 11:33 AM PDT

As Indonesian President Susilo Bambang Yudhoyono arrives for an official visit, calls are growing in Australia for a deeper engagement with the fast-emerging regional economic powerhouse.


Attacks on Kenyan churches kill 17

Posted: 01 Jul 2012 11:41 AM PDT

NAIROBI (Reuters) - Masked assailants launched simultaneous gun and grenade raids on two churches in a Kenyan town on Sunday, killing at least 17 people in the worst attack in the country since Kenya sent troops into Somalia to crush al Shabaab militants.

Protesters storm Libya election office in Benghazi

Posted: 01 Jul 2012 12:15 PM PDT

BENGHAZI, Libya (Reuters) - Armed protesters calling for greater autonomy for Libya's east stormed the national election commission in Benghazi on Sunday, burning materials and breaking computer equipment outside, less than a week before the North African country holds an election.

England waltz to win over Aussies

Posted: 01 Jul 2012 12:03 PM PDT

England outplay Australia to ease to a six-wicket win in the second one-day international at The Oval.


To Jesse Draper, the Laugh’s on Them

Posted: 01 Jul 2012 11:23 AM PDT

Jesse Draper, creator of "The Valley Girl Show," is one of a number of young women trying to capitalize on the public's fascination with California's Silicon Valley moneyed class.
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