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* stephen hawking's univers
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new zealand miners, louise heal
Vikram Pandit, bbc news, ft
Wilma Mankiller,
9/11, september 11, emily strato
Abdel Kareem Nabil Soliman, bbc
afghanistan, bbc news, the econo
Ahmed Khalfan Ghailani, bbc news
Ai Weiwei, bbc news
aids virus, aids, * hiv
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algeria, bbc news
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ancient rome, bbc news
arab spring, bbc news
arizona immigration law, bbc new
arms control, bbc news
arms flow to terrorists, bbc new
Arnold Schwarzenegger, bbc news
aung song suu kyi, myanmar, bbc
australia floods, bbc news
australia, cookbooks
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baltimore shooting, bbc news
ban aid, bob geldof, bbc world s
bangladesh clashes, bbc news
bat global markets, bbc news
bbc 2, biodun iginla
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bbc news, biodun iginla, south k
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bbc news, google
bbc strike, biodun iginla
bbc world service, biodun iginla
bcva, bbc news
belarus, bbc news, maria ogryzlo
Ben Bernanke, federal reserve
Benazir Bhutto, sunita kureishi,
benin, tokun lawal, bbc
Benjamin Netanyahu, bbc news
berlusconi, bbc news, italy
bill clinton ,emanuel, bbc news
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brazil, biodun iginla, bbc news,
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carleton college, bbc news, biod
casey anthony, bbc news
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chile miners, bbc news
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Hackers, MasterCard, Security, W
haiti aid, enrique krause, bbc n
haiti, michelle obama, bbc news
heart disease, bbc news
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Henry Kissinger, emily straton,
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Jody Weis, chicago police, bbc n
John Paul Stevens, scotus,
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judith stein, bbc news
Justice John Paul Stevens, patri
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keith olbermann, msnbc, bbc news
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le monde, bbc nerws
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madoff, bbc news, suicide
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media, FAIR, bbc news
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media, media matters for america
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melissa gruz, bbc news, obama ad
mexican drug cartels, enrique kr
mexican gas explosion, bbc news
mexican's execution, bbc news
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Michelle Obama, bbc news
michigan militia, suzanne gould,
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midwest snowstorm, bbc news
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minnesota public radio
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mumbai attacks, bbc news
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nancy pelosi, us congress, bbc n
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Nathaniel Fons, child abandonmen
nato, afghanistan, bbc news
nato, pakistan, sunita kureishi,
nelson mandela, bbc news
nestor kirchner, bbc news
net neutrality, bbc news
new life-forms, bbc news
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News Corporation, bbc news
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nick clegg, uk politics, tories
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nobel peace prize
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noreiga, panama, biodun iginla,
north korea, bbc news, nuclear p
npr, bbc news, gop
npr, media, bbc news
ntenyahu, obama, bbc news
nuclear proliferation, melissa g
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nytimes dealbook, bbc news
obama, bill clinton, bbc news
obama, biodun iginla, bbc news
oil spills, bbc news, the econom
olbermann, msnbc, bbc news
Omar Khadr, bbc news
Online Media, bbc news, the econ
pakistan, sunita kureishi, bbc n
paris airport, bbc news
Pedro Espada, suzanne gould, bbc
phone-hack scandal, bbc news
poland, maria ogryzlo, lech Kac
police brutality, john mckenna,
police fatalities, bbc news
Pope Benedict XVI, natalie de va
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pulitzer prizes, bbc news, biodu
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racism, religious profiling, isl
randy quaid, asylum, canada
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republicans, bbc news
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Biodun@bbcnews.com
Friday, 17 December 2010
BREAKING NEWS ALERT: Update: Lawyers Reach Deal to Recover $7 Billion for Madoff Victims Federal prosecutors and the trustee liquidating the estate of Bernard L. Madoff, the convicted swindler, have reached a civil settlement that will recover at least $
Topic: madoff, bbc news, suicide
by Judith Stein and Biodun Iginla, BBC News and The Economist

Federal prosecutors and the trustee liquidating the estate of
Bernard L. Madoff, the convicted swindler, have reached a
civil settlement that will recover at least $7 billion to
compensate victims of Mr. Madoff's global Ponzi scheme,
according to people briefed on the negotiations. An
announcement is expected at noon Eastern time. Prosecutors
have said privately that the settlement is the largest civil
forfeiture in American history.

The settlement will conclude the trustee's case against the
estate of Jeffry M. Picower, a Palm Beach philanthropist and
longtime Madoff investor who died in October 2009. The
complaint filed against the estate indicated that Mr.
Picower, who became wealthy investing in medical-technology
companies, had profited hugely from Mr. Madoff's scheme,
drawing out billions more than he paid in.

The settlement will greatly expand the funds available to
repay victims of the fraud; before Friday, the trustee had
collected $2.3 billion from other sources.

Posted by biginla at 3:55 PM GMT
BREAKING NEWS ALERT: Big Settlement With Madoff Investor Near
Topic: madoff, bbc news, suicide
by Judith Stein and Biodun Iginla, BBC News and The Economist

Federal prosecutors and the trustee liquidating the estate of
Bernard L. Madoff, the convicted swindler, are inches away
from obtaining a civil settlement that will add at least $7
billion to the cash available to compensate victims of Mr.
Madoff's global Ponzi scheme, according to several people
briefed on the negotiations.

The settlement will conclude the trustee's case against the
estate of Jeffry M. Picower, a Palm Beach philanthropist who
died in October 2009.

Prosecutors have said privately that the settlement will be
the largest civil forfeiture payment in American judicial
history.

Posted by biginla at 3:31 PM GMT
Dating game
Topic: china, xian wan, bbc news, biodu

The world's biggest economy

by Xian Wan and Biodun Iginla, BBC News and The Economist

When will China overtake America?

Dec 16th 2010 | From The Economist print edition

FORGET Monopoly or World of Warcraft. The Economist’s idea of Christmas fun is guessing when China’s economy will leapfrog America’s to become the world’s biggest. The Conference Board, a business-research group, recently predicted that China could become the world’s largest economy as soon as 2012 on a purchasing-power-parity (PPP) basis, which adjusts for the fact that prices are lower in China. But economists disagree on how to measure PPP. And America will only really be eclipsed when China’s GDP outstrips it in plain dollar terms, converted at market exchange rates.

Since by that reckoning China’s GDP is currently only two-fifths the size of America’s, that day may still seem distant. But it is getting closer. When Goldman Sachs made its first forecasts for the BRIC economies (Brazil, Russia, India and China) in 2003, it predicted that China would overtake America in 2041. Now it says 2027. In November Standard Chartered forecast that it will happen by 2020. This partly reflects the impact of the financial crisis. In the third quarter of 2010 America’s real GDP was still below its level in December 2007; China’s GDP grew by 28% over the same period.

If real GDP in China and America continued to grow at the same annual average pace as over the past ten years (10.5% and 1.7% respectively) and nothing else changed, China’s GDP would overtake America’s in 2022. But crude extrapolation of the past is a poor predictor of the future: recall the forecasts in the mid-1980s that Japan was set to become the world’s largest economy. China’s growth rate is bound to slow in coming years as its working-age population starts to shrink and productivity growth declines.

 Make your own predictions by adjusting the figures in our interactive chart

Then again, the relative paths of dollar GDP in China and America depend not only on real growth rates but also on inflation and the yuan’s exchange rate against the dollar. In an emerging economy with rapid productivity growth the real exchange rate should rise over time, through either higher inflation or a rise in the nominal exchange rate. Over the past decade annual inflation (as measured by the GDP deflator) has averaged 3.8% in China against 2.2% in America. And since China ditched its strict dollar peg in 2005 the yuan has risen by an annual average of 4.2%.

The Economist has created an online chart (www.economist.com/chinavusa) that allows you to plug in your own assumptions about future growth, inflation and the exchange rate. Our best guess is that annual real GDP growth over the next decade averages 7.75% in China and 2.5% in America, inflation rates average 4% and 1.5%, and the yuan appreciates by 3% a year. If so, then China would overtake America in 2019 (see chart). If you disagree and think China’s real growth rate will slow to an annual average of only 5%, then (leaving the other assumptions unchanged) China would have to wait until 2022 to become number one. Americans would still be much richer, of course, with a GDP per head more than four times that in China. But don’t expect that to dampen Chinese celebrations, whenever they come.

Readers' comments

The Economist welcomes your views.


Posted by biginla at 3:04 PM GMT
France 24 Videos of the Week by Biodun Iginla, BBC News, The Economist, France 24
Topic: france24, bbc news, biodun iginl

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logo FRANCE24nouveautes FRANCE 24
Friday 17 December 2010 - 11:26 (GTM+01:00)
 
 
IVORY COAST
Ouattara calls for fresh protests after fatal clashes
WIKILEAKS
WikiLeaks founder Assange is released on bail
KOSOVO
PM Thaci 'implicated' in report on organ trafficking
TURKEY
In direct challenge to military, Turkey tries officers for attempted coup
AFGHANISTAN
Obama notes progress in Afghanistan, warns more time needed
UNITED STATES
US government sues BP for billions over Gulf oil spill
IRAQ
Security Council votes to end Saddam-era sanctions on Iraq
AUSTRALIA
Asylum seekers die in boat crash off Australian coast
THE OBSERVERS
Ivory Coast: Our Observers live from the protests in Abidjan
 
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Posted by biginla at 2:55 PM GMT
Wikileaks' Julian Assange says the US fears losing face
Topic: wikileaks, bbc news, biodun igin

Julian Assange spoke to Newsnight's Kirsty Wark after being released on bail

by Emily Straton and Biodun Iginla. Emily reported from London

___________________________________

 

Wikileaks founder Julian Assange has said the United States is conducting an "aggressive" and "illegal" investigation into him and his site.

Mr Assange is free on bail while awaiting extradition proceedings to Sweden over sex allegations.

The 39-year-old said: "A lot of face has been lost by some people and some people have careers to make by pursuing a famous case."

Mr Assange denies the Swedish allegations, made by two women.

He is living in the house of supporter Vaughan Smith, near Bungay in Suffolk.

Mr Assange said he suspected an espionage indictment was being prepared in the US and he condemned the secrecy which surrounded his case.

The Australian added that Wikileaks is a "robust" organisation which will continue to publish information. He said it had so far published only 2,000 out of the 250,000 cables.

He said: "During my time in solitary confinement in the basement of a Victorian prison, my colleagues were publishing material" He highlighted allegations published on Friday about India torturing people in Kashmir.

'Continuing vendetta'

Ata hearing at the High Court in London on Thursday, Mr Justice Ouseley ordered Mr Assange be bailed on payment of £240,000 in cash and sureties.

The judge imposed strict bail conditions including wearing an electronic tag, reporting to police every day and observing a curfew.

Bail sureties providers

  • Phillip Knightley - Australian journalist
  • Felix Dennis - publisher
  • Sir John Sulston - Nobel-winning scientist
  • Lord Matthew Evans - Labour peer
  • Prof Patricia David

Source: Mark Stephens, solicitor

Mr Assange must also reside at the manor home on the Norfolk-Suffolk border owned by Mr Smith, a Wikileaks-supporting journalist and owner of the Frontline Club in London.

Mr Assange's solicitor Mark Stephens said after the court appearance that the bail appeal was part of a "continuing vendetta by the Swedes".

Speaking to the BBC after his release, Mr Assange said there was a rumour from his lawyers in the US that there had been an indictment made against him there.

A spokeswoman from the US Department of Justice would only confirm there was "an ongoing investigation into the Wikileaks matter".

Mr Assange has received the backing of a number of high-profile supporters, including human rights campaigners Jemima Khan and Bianca Jagger and film director Ken Loach.

Sex allegations

Wikileaks has published hundreds of sensitive American diplomatic cables, details of which have appeared in the Guardian in the UK and several other newspapers around the world.

He has been criticised in the US, where former Republican vice-presidential candidate Sarah Palin has said he should be hunted down like the al-Qaeda leadership.

Mr Assange argues the allegations against him are politically motivated and designed to take attention away from the material appearing on Wikileaks.

He is accused of having unprotected sex with a woman, identified only as Miss A, when she insisted he use a condom.

Mr Assange is also accused of having unprotected sex with another woman, Miss W, while she was asleep.

A full extradition hearing should normally take place within 21 days of the arrest. Mr Assange was arrested on 7 December, so this should be by 28 December.

However, in such a high-profile case, it is possible that a full extradition hearing will not take place for several months.

At that hearing Mr Assange will be able to challenge the warrant and raise any defences to the extradition request.

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Posted by biginla at 1:20 PM GMT
DailyMe World News by Biodun Iginla, BBC News and The Economist, London, UK
Topic: bbc news, biodun iginla, the eco
House OKs Obama's tax-cut deal

House OKs Obama's tax-cut deal

TRIBUNE WASHINGTON BUREAU | 0 comments

WASHINGTON -- The House approved President Barack Obama's sweeping tax-cut compromise at midnight Thursday, preventing tax rates from rising Jan. 1 and sending the president a bipartisan agreement that few could have imagined in deeply... Read more

HEADLINE NEWS FOR YOU:EditLearn more about the Newstogram platform that makes news personal

TOP NEWSMAKERS

THE DAY IN PHOTOS

  • Angela Merkel, Nicolas Sarkozy

    AP | 37 minutes ago

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Posted by biginla at 12:53 PM GMT
3 new results for wikileaks by Biodun Iginla, BBC News
Topic: wikileaks, bbc news, biodun igin
News
 WikiLeaks's Assange walks free on bail in London
Reuters
WikiLeaks founder Julian Assange (L) speaks to the media outside Ellingham Hall as WikiLeaksspokesperson Kristinn Hrafnsson looks on outside the home of ...
See all stories on this topic »
Anonymous Hacking Group Changing Pro-WikiLeaks Campaign
CRN
The commercial boycotts followed after WikiLeaks published installments of 250000 diplomatic cables leaked to the site by an insider. ...
See all stories on this topic »
Why the US Government Attacking Wikileaks is a Bad Idea
Zeropaid
Wikileaks was dominating the headlines last week. In fact, it was kind of hard to miss the news story about the Wikileaks diplomatic cables because all one ...
See all stories on this topic »

Zeropaid


Posted by biginla at 4:03 AM GMT
FEATURED STORIES by Biodun Iginla of the BBC
Topic: upi, bbc news, iginla
 

 Outside ViewMore Outside View
Outside View: Before Obama, conservatives targeted Reagan
STANLEY A. WEISS || UPI Outside View Commentator
WASHINGTON, Dec. 16 (UPI) -- As U.S. President Barack Obama battles Senate Republicans over ratification of the new U.S.-Russia START treaty, it's worth remembering that the phrase at the heart of this treaty -- "arms reduction" -- was born 23 years ago this week, in a high-profile summit between the United States and the Soviet Union in Washington. [ FULL STORY ]
Outside View: www.worldwar5.0
HARLAN ULLMAN || UPI Outside View Commentator
WASHINGTON, Dec. 15 (UPI) -- Karl Marx proclaimed that a "specter was haunting Europe." But it took decades before the specter of socialism became a reality in the formation of the Soviet Union. Today, a "cyberspecter" haunts us. We better be alert to it because we don't have decades to wait. [ FULL STORY ]

 Special ReportsMore Special Reports
What are Hezbollah's post-STL plans?
BEIRUT, Lebanon, Dec. 15 (UPI) -- Hezbollah may try to assert its claims to power if it runs into political trouble in the aftermath of an assassination probe, a Lebanese lawmaker said. [ FULL STORY ]
Appeal sought in Kyrgyz verdict
BISHKEK, Kyrgyzstan, Dec. 15 (UPI) -- The nephew of the deposed president of Kyrgyzstan wants his sentence reduced for crimes committed during ethnic violence in the country's south, a court said. [ FULL STORY ]
Egypt's opposition targets new Parliament
CAIRO, Dec. 15 (UPI) -- Members of the Egyptian opposition want to form a parallel government to rival the Parliament controlled by the ruling elite, a leader said. [ FULL STORY ]
Argentina beefs up internal security, names new ministry
BUENOS AIRES, Dec. 15 (UPI) -- Argentina toughened its stance on rioting slum dwellers by appointing a minister to the newly formed ministry for internal security but postponed further action on promised poverty reduction programs. [ FULL STORY ]
London missed signs of Iran's revolution
LONDON, Dec. 15 (UPI) -- A diplomatic report released by the British government suggests London missed developments that led to the Islamic Revolution in Iran in 1979, an official said. [ FULL STORY ]

 Energy ResourcesMore Energy Resources
Chevron plans big upgrade for Caspian oil
SAN RAMON, Calif., Dec. 15 (UPI) -- A planned $5.4 billion expansion of an oil pipeline in the Caspian region will help expand deliveries of crude from Kazakhstan and Russia, Chevron announced. [ FULL STORY ]
Bulgaria drafts green energy measure
SOFIA, Bulgaria, Dec. 15 (UPI) -- Bulgaria aims to use renewable energy to meet at least 10 percent of its energy resources for transportation by 2020, the government said. [ FULL STORY ]
Nord Stream on schedule for 2011
ZUG, Switzerland, Dec. 16 (UPI) -- Everything is going as planned for the construction of the Nord Stream natural gas pipeline through the Baltic Sea, the project consortium said Thursday. [ FULL STORY ]
Europe needs more gas, company says
STAVANGER, Norway, Dec. 15 (UPI) -- Europe can meet many of its ambitious climate goals in a cost-effective way by incorporating more natural gas into the energy sector, an energy company said. [ FULL STORY ]
BP delays Libyan deep-water drilling
TRIPOLI, Libya, Dec. 15 (UPI) -- Libya's hopes of new oil strikes in the Gulf of Sidra have been set back by BP's postponement of launching a $1 billion deep-water exploration program as the company grapples with the aftermath of the huge Gulf of Mexico oil spill. [ FULL STORY ]

 Special ReportsMore Special Reports
Indonesia holds cleric on terrorism charge
JAKARTA, Dec. 15 (UPI) -- Radical Muslim cleric Abu Bakar Bashir could face a death sentence after Indonesian police formally charged him with inciting terrorism. [ FULL STORY ]
Don't prosecute Assange, HRW says
WASHINGTON, Dec. 16 (UPI) -- Prosecuting the founder of WikiLeaks would set a dangerous standard for freedom of expression, Human Rights Watch said in a letter to Washington. [ FULL STORY ]
Appeal sought in Kyrgyz verdict
BISHKEK, Kyrgyzstan, Dec. 15 (UPI) -- The nephew of the deposed president of Kyrgyzstan wants his sentence reduced for crimes committed during ethnic violence in the country's south, a court said. [ FULL STORY ]
Egypt's opposition targets new Parliament
CAIRO, Dec. 15 (UPI) -- Members of the Egyptian opposition want to form a parallel government to rival the Parliament controlled by the ruling elite, a leader said. [ FULL STORY ]
Shots fired in Ivory Coast
ABIDJAN, Ivory Coast, Dec. 16 (UPI) -- Shots were fired in the Ivorian capital of Abidjan as European lawmakers backed a measure calling on Laurent Gbagboto hand over power to his rival. [ FULL STORY ]

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Posted by biginla at 1:21 AM GMT
Insider Weekly by Biodun Iginla, BBC News
Topic: insider weekly, bbc news
Are you up on your celebrity news and Hollywood headlines from the past week? Click to find out!
And the Time Magazine Person of the Year is... 
This "Pearl Harbor" actress is 40 pregnant with her first child... 
Chelsea Handler was recently romantically linked to this famous rapper... 
 
 Gains $250,000 Ryan Reynolds Split 
 Golden Globe Nominations Teen Power Couple? 
 
You Make the Call:
Celebrity splits happened left and right this past week. Some break-ups were more surprising than others... But we want to know what you think:
Which celebrity break-up surprised you most? Zac & Vanessa, Elizabeth & Arun or Scarlett and Ryan? Click here to vote!
 The Insider
 
 
 
Copyright © 2008 CBS, Inc. All Rights Reserved. Visit us at www.theinsider.com
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Posted by biginla at 12:32 AM GMT
Top Stories by Biodun Iginla, BBC News and The Economist
Topic: bbc news, biodun iginla, the eco

Top Stories

Police release 180-photo trove from 'Grim Sleeper' suspect [Updated]

Los Angeles Times - ‎4 hours ago‎
In a bold effort to determine whether there are additional "Grim Sleeper" victims, the Los Angeles Police Department is releasing photos of scores of women found in the possession of a man charged in 10 South Los Angeles killings.
ABC News - The Associated Press - AtomStack -MyFox Phoenix

House moves forward with Obama tax deal

USA Today - ‎25 minutes ago‎
The House is slogging toward a vote on a bill to temporarily extend tax cuts and jobless benefits. Consideration of the rules for floor debate was delayed for several hours as House Democrats tried to work out disagreements over a provision on estate ...
CNN International - MiamiHerald.com - CBS News -Washington Times

Julian Assange's extradition not yet sought by US

The Guardian - ‎2 hours ago‎
The US justice department has still to approach the UK government about extraditing Julian Assange in spite of one of his lawyers claiming last week that an indictment could be imminent, according to British diplomats.
Times of India - BBC News - Voice of America -Independent - Wikipedia: Julian Assange

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Report Shows How Pakistan Still Bedevils Obama

New York Times - David E. Sanger - ‎1 hour ago‎
WASHINGTON - When the Obama administration began earlier this year to assess its progress in Afghanistan and Pakistan, some officials suggested reversing the usual bureaucratic shorthand and calling it the “PakAf review.

RIM Earnings: BlackBerry Hasn't Gone Sour Yet

Forbes - ‎1 hour ago‎
Showing that it's still got a fight in it, Research in Motion posted strong second quarter earnings on Thursday after the bell, with revenues up 40% to $5.5 billion, 40% more than the same period a year ago and above the Street's expectations.

US: Gbagbo Has 'Finite Amount of Time' to Cede Power

Voice of America - David Gollust - ‎21 minutes ago‎
A senior US official says embattled Ivory Coast President Laurent Gbagbo, who has refused to cede power after an election defeat, has been given a "finite amount of time" to step down or face sanctions.

Breast Cancer: FDA Considers Avastin Withdrawal

ABC News - Lara Salahi - ‎4 hours ago‎
New evidence suggests the risks do not outweigh the benefits of Avastin for treating metastatic breast cancer, according to officials at the US Food and Drug Administration.

Knicks may have lost time for last shot

Newsday - Alan Hahn - ‎55 minutes ago‎
How close was Wednesday night's 118-116 loss to the Celtics? Amar'e Stoudemire's three-pointer was released two-tenths of a second after the final buzzer sounded.

SAG Television Awards nominations list, some thoughts

Monsters and Critics.com - April MacIntyre -‎40 minutes ago‎
The list of nominations for the Screen Actors Guild were lacking in some notable outstanding Television picks, and we have taken the liberty of annotating the released list of noms with our picks and reasons ...

School security chief details gun battle at board meeting

CNN International - ‎2 hours ago‎
By the CNN Wire Staff (CNN) -- A school security chief gave an emotional account Thursday of his shootout with a Florida man who held school board members hostage before opening fire.

Stadium issue settled, but QB still in question

FOXSports.com - Bo Mitchell - ‎1 hour ago‎
EDEN PRAIRIE, Minn. - Things are coming into focus for the Vikings' Monday night game against the Chicago Bears. * The game will be played at TCF Bank Stadium on the University of Minnesota campus.

Oracle Says 2Q Profit Up 28%, Issues Strong 3Q Guidance

Wall Street Journal - ‎31 minutes ago‎
Oracle Corp. (ORCL) on Thursday said its fiscal second-quarter earnings rose a better-than-expected 28% and predicted continued success in the following quarter.

Police: Missing NJ woman not among 4 beach bodies

The Associated Press - ‎1 hour ago‎
SMITHTOWN, NY (AP) - New York police say a missing New Jersey prostitute was not among the four bodies found over the past week on a beach highway.

News: Report: Apple & Microsoft Buy Novell Patents

The Mac Observer - Bryan Chaffin - ‎13 minutes ago‎
Microsoft, Apple, EMC and Oracle are the owners of a holding company that recently purchased some 882 patents from what's left of Novell.

CNN's Larry King exits after 25 years

The Associated Press - ‎4 hours ago‎
NEW YORK (AP) - Larry King pulls down the curtain on his CNN talk show, "Larry King Live," after 25 years Thursday, cable television's once dominant voice now faded in a sea of sharp talkers.

A week with Google's Chrome OS laptop, Day 3: Living with Flash

BetaNews - Joe Wilcox - ‎2 hours ago‎
I've spent the last six weeks living the serene computing life, like being back on a Maine farm, with dusty roads, upward-reaching pines and Milky Way spanning night skies.

Blake Edwards, 'Breakfast at Tiffany's' director, dead at 88

Washington Post - Adam Bernstein - ‎1 hour ago‎
Blake Edwards, a prolific filmmaker who kept alive the tradition of slapstick comedy in his Pink Panther franchise and nimbly showcased his dramatic range with "Breakfast at Tiffany's" and "Days of Wine and Roses," died Dec.

Judge Hears Oral Arguments in Health Reform Case

MedPage Today - Emily P. Walker - ‎51 minutes ago‎
A federal judge in Pensacola, Fla. heard oral arguments today for one of the major lawsuits against the healthcare reform law -- just three days after a Virginia judge ruled that parts of the ...

Chinese, Indian leaders call for enhanced friendship

Xinhua - Zhang Xiang - ‎23 minutes ago‎
NEW DELHI, Dec. 16 (Xinhua) -- Chinese Premier Wen Jiabao and Indian Prime Minister Manmohan Singh here on Thursday called for continuous efforts to enhance the friendly relations between the two countries.

Fed Urges Slashing Fees, Debit Card Firms Tumble

ABC News - Dave ClarkeMaria Aspan - ‎37 minutes ago‎
WASHINGTON/NEW YORK (Reuters) - US banks face deep cuts in the debit card fees they charge retailers under a Federal Reserve proposal that also exposes card networks Visa and MasterCard to more competition.

Putin Speaks His Mind, and Then Some, on Television

New York Times - Ellen Barry - ‎2 hours ago‎
Prime Minister Vladimir V. Putin of Russia on a television screen in an electronics shop during his annually televised question-and-answer session on Thursday.

EU Agrees to Create Post-2013 Crisis Tool as Bloc Spars Over Current Steps

Bloomberg - James G. NeugerJonathan Stearns -‎26 minutes ago‎
European Union leaders agreed to amend the bloc's treaties to create a permanent crisis- management mechanism in 2013, while divisions flared over steps to prevent concern over ...

Apple slates Jan. 6 launch for Mac App Store

Computerworld - Gregg Keizer - ‎6 hours ago‎
Computerworld - Apple today announced that it would open its Mac App Store on Jan. 6, 2011, beating its self-imposed deadline by several weeks.
 

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