Analysis: EU needs "who lost Italy" debate on austerity

Analysis: EU needs "who lost Italy" debate on austerity


Analysis: EU needs "who lost Italy" debate on austerity

Posted: 03 Mar 2013 10:56 PM PST

BRUSSELS (Reuters) - European policymakers should be asking themselves "who lost Italy" after a grassroots revolt against austerity, unemployment and the political elite caused an electoral earthquake in the euro zone's number three economy.

BOJ Pick Kuroda Pledges Action to Beat Deflation

Posted: 03 Mar 2013 10:47 PM PST

The Japanese government's pick for the next Bank of Japan governor on Monday said he would do "everything possible" to beat deflation.

Children Die in India Bus Crash

Posted: 03 Mar 2013 10:27 PM PST

A school bus collided with a truck laden with bricks in northern India killing 12 children and their driver, police said.

'The Walking Dead' Season 3 Episode 12 Review: 'Clear' Brings Out The Best In AMC's Zombie Drama

Posted: 03 Mar 2013 10:16 PM PST

'The Walking Dead' is back in fighting shape after Sunday night's 'Clear' with a surprise reunion and some of the best writing of the season.

Death toll from Pakistan bombing jumps to 45

Posted: 03 Mar 2013 09:53 PM PST

KARACHI, Pakistan (AP) — A Pakistani surgeon says the death toll from a massive car bombing in the southern port city of Karachi has jumped from 37 to 45 as more victims died overnight.

Violent start to Kenya vote: Police die in attack

Posted: 03 Mar 2013 10:38 PM PST

Masaai women line up at dawn to vote in a general election in Kumpa, Kenya, Monday, March 4, 2013. Five years after more than 1,000 people were killed in election-related violence, Kenyans went to the polls on Monday to begin casting votes in a nationwide election seen as the country's most important - and complicated - in its 50-year history. (AP Photo/Riccardo Gangale)NAIROBI, Kenya (AP) — A pre-dawn attack on police in Kenya on Monday killed several officers hours before Kenyans began casting votes in a nationwide election being held five years after more than 1,000 people died in election-related violence.


Middle East is new global travel crossroads

Posted: 03 Mar 2013 09:23 PM PST

DUBAI, United Arab Emirates (AP) — It's 1 a.m. and the sprawling airport in this desert city is bustling. Enough languages fill the air to make a United Nations translator's head spin.

Cambodia Khmer Rouge tribunal staff goes on strike

Posted: 03 Mar 2013 09:30 PM PST

PHNOM PENH, Cambodia (AP) — A hearing at the U.N.-backed genocide trial of former leaders of the Khmer Rouge has been suspended because local translators have gone on strike following three months without pay.

Stik Raises $2.3 Million To Help You Find Local Professionals

Posted: 03 Mar 2013 09:03 PM PST

Stik is a company that helps small businesses solve the problem of relying on just word-of-mouth referrals when trying to find local professionals to work with.  Stik has raised $2.3 million in Series A financing co-led by North Coast Technology Ventures and Detroit Venture Partners (DVP).  Other investors that participated in this round include Draper Associates, First Step Fund, Michigan Economic Development Corporation, and Automation Alley.  The company previously raised $500,000 in seed funding led by Draper Associates.

Space Invaders -- Asteroids, Mars And Radiation

Posted: 03 Mar 2013 08:49 PM PST

Space seems to be falling all around us lately. A geologic chunk about 55 feet wide (17 meters wide) with a mass of about 10,000 tons entered Earth's atmosphere two weeks ago near Chelyabinsk, Russia and exploded with a force 20 times that of the bomb dropped on Hiroshima in WWII.

Report: Australian miners fired for 'Harlem Shake'

Posted: 03 Mar 2013 10:29 PM PST

PERTH, Australia (AP) — Up to 15 miners were fired from their high-paying jobs in an Australian gold mine after a "Harlem Shake" performance underground was deemed a safety hazard, a newspaper reported on Monday.

China defends massive growth in military spending

Posted: 03 Mar 2013 09:38 PM PST

Chinese President Hu Jintao, second from left, Communist Party chief Xi Jinping, center, and Chinese Premier Wen Jiabao, right, look at Jia Qinglin, Chairman of the Chinese People's Political Consultative Conference (CPPCC), left, going to greet a delegate after the opening session of the CPPCC in Beijing's Great Hall of the People Sunday, March 3, 2013. (AP Photo/Andy Wong)BEIJING (AP) — China defended its booming military spending on Monday, saying vast investments in the armed forces have contributed to global peace and stability, despite concerns among the U.S. and Beijing's Asian neighbors over sharpening territorial disputes.


Euro-Zone Bank-Rescue Deal Faces Hurdles

Posted: 03 Mar 2013 08:09 PM PST

German objections are endangering a deal struck last year to prevent losses at European banks from undermining the solvency of euro-zone members.

Bank of Japan Pick Kuroda Pledges Action to Beat Deflation

Posted: 03 Mar 2013 08:02 PM PST

The Japanese government's pick for the next Bank of Japan governor on Monday said he would do "everything possible" to beat deflation.

Scottish Cardinal Sorry for Conduct

Posted: 03 Mar 2013 08:23 PM PST

Scottish Cardinal Keith O'Brien apologized for "sexual conduct" unbefitting a priest and said he would play no further role in the public life of the Catholic Church.

Old-Timers Can Be Worth Their Weight in Gold

Posted: 03 Mar 2013 09:39 PM PST

Senior geologists prowl ant hills, and boast other quirky ways to strike riches in mining.

Sheryl Sandberg is right. Women must 'Lean Into Risk'

Posted: 03 Mar 2013 08:17 PM PST

Sheryl Sandberg, COO of Facebook, has stirred a heated debate in recent days around her soon to be released book Lean In.  Many argue that she's offering a superficial 'pom-pom' like remedy for a complex problem.  Critics say, it's just not enough - fix the system and stop blaming women's lack of progress at the feet of women.

Four policemen butchered as Kenyans queue in tense vote

Posted: 03 Mar 2013 10:37 PM PST

A woman with a child casts her ballot inside a polling station in Kenya's town of GatunduNAIROBI/MOMBASA, Kenya (Reuters) - Kenyans stood patiently in long lines on Monday to elect a new president but machete-wielding youths on the coast killed four policemen, casting a shadow over a vote seen as vital to repairing Kenya's image after tribal bloodshed five years ago. A few hours before the 6 a.m. (0300 GMT) start of voting and with long queues formed across the nation before sunrise, four police officers on patrol in the Mombasa port city area were hacked to death by attackers, a senior police officer said. ...


Good Managers Listen. Great Managers Ask Questions.

Posted: 03 Mar 2013 07:39 PM PST

Corporate culture borrows a lot from the military. It is structured hierarchically like the military, not laterally like a sport team or an orchestra, for example. So, it's no wonder that most corporations adopt a rigid top-down style of communications.

Violent start in Kenyan election; police killed

Posted: 03 Mar 2013 07:08 PM PST

Daniel, 22, ties furniture to the roof of his car as he prepares to leave his house in the Mathare slum of Nairobi, Kenya Sunday, March 3, 2013 and head to his family's home in the countryside. Five years after more than 1,000 people were killed in election-related violence, Kenyans go to the polls on Monday to begin casting votes in a nationwide election seen as the country's most important - and complicated - in its 50-year history. (AP Photo/Mackenzie Knowles-Coursin)NAIROBI, Kenya (AP) — Five years after more than 1,000 people were killed in election-related violence, Kenyans on Monday began casting votes in a nationwide election seen as the country's most important — and complicated — in its 50-year history.


Kenya beefs up security on eve of election

Kenya beefs up security on eve of election


Kenya beefs up security on eve of election

Posted: 03 Mar 2013 12:40 PM PST

Nearly 100,000 police deployed to prevent repeat of post-election violence that left over 1,200 people dead in 2007.

Cypriot Finance Minister Says Bailout Deal Is Near

Posted: 03 Mar 2013 11:54 AM PST

But he warned that meeting some of the demands of international lenders could damage the island's lucrative financial sector and hamper growth.

Accused Scottish Cardinal Admits Sexual Failings

Posted: 03 Mar 2013 11:47 AM PST

The cardinal who until recently served as Britain's highest-ranking Catholic leader on Sunday acknowledged having engaged in unspecified sexual misbehavior and promised to play "no further part" in the public life of the church, a statement that comes at an awkward time for the Vatican.

Kerry Announces Millions in U.S. Aid for Egypt

Posted: 03 Mar 2013 11:37 AM PST

Secretary of State John Kerry said the United States would provide $250 million in aid after Egypt's president promised to move ahead with talks over economic reforms.

Gunmen attack church in Libya's Benghazi: state media

Posted: 03 Mar 2013 12:37 PM PST

TRIPOLI (Reuters) - Gunmen attacked an Egyptian Coptic church in the eastern Libyan city of Benghazi, assaulting two priests, the official LANA news agency quoted the foreign ministry as saying on Sunday.

Nigeria army fights off Boko Haram attack

Posted: 03 Mar 2013 11:55 AM PST

Twenty rebels killed in assault on army base that came after group's leader allegedly rejected peace talks on video.

Analysis: Without Belmokhtar, jihadi networks would suffer

Posted: 03 Mar 2013 12:02 PM PST

LONDON (Reuters) - Nearly two years after the killing of Osama bin Laden, the death in Mali of Algerian commander Mokhtar Belmokhtar, if confirmed, would be a serious blow to al Qaeda's efforts to recover its cohesion as a force for global jihad.

Germany to prevent Bulgaria, Romania entering Schengen: magazine

Posted: 03 Mar 2013 12:05 PM PST

BERLIN (Reuters) - Germany will prevent Bulgaria and Romania from entering the passport-free Schengen zone when European ministers meet to discuss the issue on Thursday, German Interior Minister Hans-Peter Friedrich said in a magazine interview.

Italian election lessons for Europe

Posted: 03 Mar 2013 12:00 PM PST

Growing despair that Europe is not working, says Gavin Hewitt

Amid ‘Do Not Track’ Effort, Web Companies Race to Look Privacy-Friendly

Posted: 03 Mar 2013 11:44 AM PST

Increasingly, Internet companies like Microsoft, Facebook and Mozilla are egging each other on to prove to consumers that their data is safe and in their control.

Voters Tighten Limits on Executive Pay in Switzerland

Posted: 03 Mar 2013 11:32 AM PST

Ignoring a warning from the business lobby, Swiss residents voted to give shareholders a binding say on the overall pay packages for executives and directors.

U.S. offers Egypt budget aid after Mursi assurance on IMF

Posted: 03 Mar 2013 11:55 AM PST

CAIRO (Reuters) - The United States said on Sunday it would give Egypt $190 million in budget aid after Egyptian President Mohamed Mursi promised to take the painful economic reforms needed to secure an IMF loan.

VIDEO: Rodman: Kim Jong Un 'don't want war'

Posted: 03 Mar 2013 11:46 AM PST

Kim Jong Un wants US President Barack Obama to call him, and doesn't want war, according to former basketball star Dennis Rodman.

Scottish cardinal admits sexual misbehaviour

Posted: 03 Mar 2013 11:25 AM PST

Keith O'Brien, once UK's senior Catholic leader, apologises and vows to play "no further part" in public life of church.

Marchers seek Chavez health details

Posted: 03 Mar 2013 11:35 AM PST

Hundreds of Venezuelan students and opposition members march in Caracas demanding more details about President Hugo Chavez's health.

Euroskeptic tycoon passes first Austrian vote tests

Posted: 03 Mar 2013 11:30 AM PST

VIENNA (Reuters) - A billionaire car parts tycoon who wants Austria to abandon the euro passed his first electoral tests on Sunday when his party - formed only last year - got a tenth of the vote to win seats in two state assemblies.

Dozens of Pakistanis Killed in Blasts in Shiite District of Karachi

Posted: 03 Mar 2013 10:48 AM PST

Two powerful explosions ripped through a predominately Shiite neighborhood in Karachi on Sunday evening, in a bomb attack that killed at least 37 people and wounding at least 90, police and rescue officials said.

Dozens of Pakistanis Killed in Blasts in Shiite District of Karachi

Posted: 03 Mar 2013 10:48 AM PST

Two powerful explosions ripped through a predominately Shiite neighborhood in Karachi on Sunday evening, in a bomb attack that killed at least 37 people and wounding at least 90, police and rescue officials said.

Militant says Belmokhtar alive: monitoring service

Posted: 03 Mar 2013 11:09 AM PST

DUBAI (Reuters) - Algerian al Qaeda commander Mokhtar Belmokhtar, reported killed by Chadian troops, is alive, a monitoring service that tracks online militant forums reported a contributor as saying on Sunday.

Luxury villas, designer labels: jailed Mexico union boss' U.S. oasis

Posted: 03 Mar 2013 10:52 AM PST

CORONADO, California (Reuters) - Boasting two properties in an exclusive enclave just outside San Diego and an enviable designer wardrobe, the jailed boss of Mexico's teachers' union was just another multi-millionaire to her neighbors.