VIDEO: Lagarde waits for French court decision

VIDEO: Lagarde waits for French court decision

VIDEO: Lagarde waits for French court decision

Posted: 03 Aug 2011 10:24 PM PDT

French judges are to rule on whether to open an inquiry into the former finance minister Christine Lagarde, now managing director of the IMF, over her handling of a high-profile scandal involving the disgraced tycoon Bernard Tapie.


Instant view: BOJ eases policy after Japan forex intervention (Reuters)

Posted: 03 Aug 2011 10:56 PM PDT

Reuters - The Bank of Japan eased monetary policy by boosting its asset buying scheme in a rate review that was cut short by one day in the wake of Tokyo's solo intervention to weaken the yen.


Oil below $92 on grim US, Europe economic outlook (AP)

Posted: 03 Aug 2011 10:17 PM PDT

An Iranian worker stands in front of gas pipelines, next to the flags of Turkey (R) and Iran, delivering natural gas to Turkey in Bazargan on the border between the two countries 2002. Iranian forces have killed three Kurdish rebels, including a Turkish national, they say were behind the bombing of a pipeline carrying Iranian gas to Turkey, media reports said on Monday.(AFP/File)AP - Oil prices extended losses below $92 a barrel Thursday in Asia amid investor concern economic growth in developed countries may be grounding to a halt.

Police detain 8 Filipino officers linked to hazing (AP)

Posted: 03 Aug 2011 10:20 PM PDT

AP - Eight Philippine police officers have been detained for investigation after a video surfaced showing them humiliating, laughing and taking videos of naked recruits during anti-insurgency training, officials said Thursday.


VIDEO: Lagarde waits for French court decision

Posted: 03 Aug 2011 10:24 PM PDT

French judges are to rule on whether to open an inquiry into the former finance minister Christine Lagarde, now managing director of the IMF, over her handling of a high-profile scandal involving the disgraced tycoon Bernard Tapie.


No suspect in Australia bomb 'hoax device' case

Posted: 03 Aug 2011 10:23 PM PDT

A letter attached to a suspected bomb that was strapped on an Australian woman made "serious" demands, authorities said Thursday.

Babbage: August 4th 2011

Posted: 03 Aug 2011 10:54 PM PDT

Foxconn, China's largest private employer, builds a robotic workforce, the Shady RAT hack attack and the perils of putting your picture online


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Why Have Spain's Demonstrations Surged? Could It Be... the Pope? (Time.com)

Posted: 03 Aug 2011 10:15 PM PDT

Time.com - The massive outpourings that took over Madrid's central square had petered out until the government decided to forcibly take down the remnants. Then sympathy sent the people back into the streets


Germany's last millstone mason pressed for time (AFP)

Posted: 03 Aug 2011 09:34 PM PDT

Wolfgang Starkosch, 58, sits on a new millstone he made in the village of Zusamaltheim, in June 2011. Although an organic food boom in Germany is creating demand for flour ground the old way, the country only has one person left, Starkosch, with the skills needed to carve and maintain traditional millstones for organic mills.(AFP/Christof Stache)AFP - An organic food boom in Germany is creating demand for flour ground the old way, but the country only has one person left with the skills needed to carve and maintain millstones.

China arrests 2,000 in food safety crackdown (AFP)

Posted: 03 Aug 2011 09:47 PM PDT

A Chinese customer selects pieces of pork at a market in Yichang, central China's Hubei province in July 2011. China has arrested around 2,000 people and closed nearly 5,000 businesses in a major crackdown on illegal food additives, the government said, after a wave of contamination scares.(AFP/File)AFP - China has arrested around 2,000 people and closed nearly 5,000 businesses in a major crackdown on illegal food additives, the government said, after a wave of contamination scares.

Korean Wave starts lapping on Europe's shores (AFP)

Posted: 03 Aug 2011 08:45 PM PDT

This photo released to AFP by SM Entertainment shows South Korea's biggest talent agency SM Entertainment's flagship group TVXQ. South Korea's pop music industry is eyeing Europe after taking East Asia by storm, with promoters using the power of the Internet to lure far-distant fans.(AFP/HO/File/Park Beom-Jin)AFP - South Korea's pop music industry is eyeing Europe after taking East Asia by storm, with promoters using the power of the Internet to lure distant fans.

Hitachi and Mitsubishi 'to open merger talks' (AFP)

Posted: 03 Aug 2011 09:08 PM PDT

Japanese manufacturing giants Hitachi and Mitsubishi Heavy Industries have agreed to start merger talks, Hitachi's president was reported as saying Thursday.(AFP/File/John MacDougall)AFP - Japanese manufacturing giants Hitachi and Mitsubishi Heavy Industries are to start merger talks, reports said Thursday, as they look for growth beyond a shrinking domestic market and battle a strong yen.

Mirror Accused of Hacking

Posted: 03 Aug 2011 09:27 PM PDT

Heather Mills, the ex-wife of Paul McCartney, accused a journalist from Britain's Mirror Group of intercepting her voice mails. She recounted the alleged 2001 incident in a BBC interview.


Trade Deals Clear Senate Hurdle

Posted: 03 Aug 2011 08:46 PM PDT

Senate leaders said they had reached a bipartisan agreement to renew funding for trade-related unemployment benefits, likely clearing the way for passage of three delayed free-trade pacts once Congress returns in September.


Bomb kills north Afghan city intelligence official (Reuters)

Posted: 03 Aug 2011 10:51 PM PDT

This undated photo released by the U.S. Marine Corps shows Marine Sgt. Dennis E. Kancler of Brecksville, Ohio. Kancler and two other Marines were killed in a non-combat related incident July 31, 2011, while supporting combat operations in Herat Province, Afghanistan, as part Operation Enduring Freedom. (AP Photo/U.S. Marine Corps)Reuters - A car bomb killed an intelligence official from Afghanistan's northern Kunduz city on Thursday morning, two days after suicide attackers killed four security guards at a guesthouse in the city used by foreigners, a police spokesman said.

9 pollsters free after disappearing in west Mexico (AP)

Posted: 03 Aug 2011 08:41 PM PDT

AP - Nine Mexican polling company workers were released Wednesday, several days after they were apparently kidnapped in a western region plagued by drug-cartel violence.


Japan intervenes to stem yen's rise against dollar (AP)

Posted: 03 Aug 2011 08:42 PM PDT

An employee walks by electronic panels which flash the Japanese yen against the U.S. dollars at a foreign exchange office in Tokyo Thursday, Aug. 4, 2011. Japan intervened in the foreign currency market Thursday to stem the yen's rise against the dollar. (AP Photo/Hiro Komae)AP - Japan intervened in the foreign currency market Thursday to stem the yen's rise against the dollar, which is threatening to undermine the country's recovery from the March earthquake and tsunami.

Bomb kills north Afghan city intelligence official

Posted: 03 Aug 2011 10:51 PM PDT

KUNDUZ, Afghanistan (Reuters) - A car bomb killed an intelligence official from Afghanistan's northern Kunduz city on Thursday morning, two days after suicide attackers killed four security guards at a guesthouse in the city used by foreigners, a police spokesman said.

Japan intervenes in currency markets to weaken yen (AFP)

Posted: 03 Aug 2011 08:09 PM PDT

People watch changing share prices on a screen in Tokyo. Japan on Thursday intervened in currency markets to weaken the yen, the government said, in a bid to counter speculator-driven rises that had pushed the unit near its post-war high against the dollar.(AFP/File/Yoshikazu Tsuno)AFP - Japan on Thursday intervened in currency markets to weaken the yen in a bid to safeguard the nation's fragile economy from speculator-driven rises that had pushed the unit near post-war highs.

Nine dead in Indonesia helicopter crash

Posted: 03 Aug 2011 08:06 PM PDT

Nine people were killed and one injured in a helicopter crash Wednesday in Indonesia, one of the mining companies that chartered the plane has confirmed.
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