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Feds Bullard recommends euro zone consider quantitative easing
By Paul Carrel and Eva KuehnenFRANKFURT (Reuters) - A top U.S. Federal Reserve official urged the European Central Bank on Tuesday to consider employing a U.S.-style quantitative easing programme to counter slowing inflation and recession in the euro zone.The ECB has engaged in bond purchases in the past but has always withdrawn an equivalent amount of money from markets to ensure its ...
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Hope for Euro breakthrough on visa-free travel for Emiratis next year
ABU DHABI // The European Parliament will consider granting Emiratis visa-free entry to the European Schengen area next year, the Foreign Minister told the FNC yesterday. Over the past year the UAE has increased its efforts to win visa-free entry to the Schengen area - a group of 26 countries in western Europe. In February, Sheikh Abdullah Al Hamed, undersecretary at the Ministry of Foreign ...
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FTSE 100 within sight of all-time high
The London stock market is within sight of its all-time closing high after another surge in share prices on Tuesday.After drifting for much of the day, the FTSE 100 index of Britain's top companies made a late rally to close 48.24 points higher at 6803.87. This marked its best level for more than 13 years and left the index just 130 points below the peak reached on 30 December 1999 at the ...
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Vodafone blames eurozone crisis for massive fall in annual profit
LONDON--British mobile phone giant Vodafone reported a 90-percent plunge in annual net profit on Tuesday after taking a vast impairment charge relating to businesses in debt-laden eurozone nations Italy and ...
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FBI identifies Benghazi suspects but no arrests yet
night of Tuesday, Sept. 11, 2012, in Benghazi, Libya. The U.S. has identified five men they believe might be behind the attack on the diplomatic mission in Benghazi, Libya, last year, and have enough evidence to justify seizing them by military force as suspected terrorists _ but not enough proof to try them in a U.S. civilian criminal court, the process the Obama administration prefers, U.S. ...
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And Super Bowl 50 goes to ...
51st Super Bowls on Tuesday, May 21, 2013 at their spring meetings. The San Francisco area, where the new stadium is being built in Santa Clara, and South Florida are competing for the the 50th edition, to be held in February 2016. The loser in that bidding will go against Houston to host the 51st game the following year.(AP Photo/San Francisco 49ers) NO ...
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Police defend officer who shot N.Y. college student
View Photo Associated Press/Sleepy Hollow High School - CORRECTS SPELLING OF LAST NAME -- In this photo copied from the 2010 Sleepy Hollow High School yearbook, high school student Andrea Rebello is shown. Police ...
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Fitch U.S. Money Funds Return to Eurozone Banks
Tue May 21, 2013 3:30pm EDT (The following statement was released by the rating agency) NEW YORK, May 21 (Fitch) U.S. prime money market funds (MMFs) increased their exposure to eurozone banks in April, although asset allocations to these institutions remain well below 2011 levels, according to Fitch Ratings. As of end-April 2013, MMF allocations to eurozone banks represented 15.1% of ...
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PRECIOUS-Gold trims losses as euro firms ahead of Bernanke testimony
* Euro rises to session high vs dollar * Gold's appeal hurt by fears the Fed will ease stimulus * Spot silver cuts loss to 0.6 percent, platinum to 1.65 pct (Recasts, updates prices, adds comments, adds byline, changes dateline (previous LONDON) By Carole Vaporean and Clara Denina NEW YORK/LONDON, May 21 (Reuters) - Gold trimmed its losses on Tuesday as the euro regained strength ...
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France Tel to invest up to 50 million euro in Dailymotion report
PARIS | Tue May 21, 2013 2:43pm EDT PARIS (Reuters) - France Telecom plans to invest between 30 and 50 million euros ($64 million) in its video-sharing website Dailymotion and begin a fresh search for a partner in the autumn, its chief executive said on Tuesday. Stephane Richard also said in an interview with RTL radio that "the door is not closed" to Yahoo Inc, which had been ...
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Enemalta paid BWSC €8 million extra for Delimara services never carried out
Energy minister reveals that Enemalta never pursued EUR4 million claim against BWSC for turbine damage because legal consultants felt legal grounds were too ...
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Shulman Not responsible for IRS lookout list
Former IRS Commissioner Douglas Shulman is sworn in prior to testifying before the Senate Finance Committee Tuesday. … Former Internal Revenue Service Commissioner Douglas Shulman said that he was "not personally responsible" for the agency's practice of placing elevated scrutiny on conservative groups that applied for nonprofit status, but that he regrets it occurred ...
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Arias tells jury she can still contribute to society
View Photo Associated Press - Jodi Arias looks at her family on Monday, May 20, 2013 during the penalty phase of her murder trial at Maricopa County Superior Court in Phoenix, Ariz. Arias was convicted of ...
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Accused Fort Hood shooter draws salary while victims struggle
Nidal Hasan (Bell County Sheriff's Office handout/Reuters) Soldiers wounded in the Fort Hood shooting spree in November 2009 have a new problem on their hands: getting the shooting's classification changed from "workplace violence" to "combat related." As reported by Dallas-Fort ...
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Boy Scouts to vote this week on lifting ban on gay youth
DALLAS (Reuters) - Leaders of Boy Scout groups across the country will vote this week on a controversial proposal that would remove the organization's ban on gay scouts but not gay adult ...
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German economy to improve ‘markedly’
Frankfurt - Germany's central bank expects the country's economy to improve ';markedly'; in the second quarter - a development that could boost the wider eurozone as it struggles to get out of ...
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Senators reach deal to ease high tech rules in US immigration bill
21 May 2013 US senators reached a tentative deal with tech companies to ease restrictions on hiring foreigners for high-skilled jobs in the Senate's sweeping immigration bill, sources familiar with the talks said on ...
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FEIBaruch Survey CFO Economic Optimism Declines as Concerns over Eurozone Remain
- CFO Hiring Plans Down from Last Quarter - - U.S. CFOs Feel Impact of Healthcare Reform on Insurance Coverage - PR Newswire MORRISTOWN, N.J. and NEW YORK, May 21, 2013 MORRISTOWN, N.J. and NEW YORK, May 21, 2013 /PRNewswire/ -- Chief Financial Officers remain in a holding pattern in the first few ...
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Okla. senator says aid should be paid for with cuts
tornado victims and to rebuild devastated areas of his state should be financed with cuts to other programs in the government's $3.6 trillion budget. Spokesman John Hart says it's a position Coburn has consistently held regarding federal spending on disasters dating to the 1995 bombing of ...
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Protesters chant IRS has got to go in Cincinnati
Internal Revenue Service offices that handled group applications for tax-exempt status. IRS officials have acknowledged that some conservative groups received inappropriate attention and questioning. Tea party protests of the IRS also were planned in other cities across the country. Some recent IRS retirees in ...
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Europes battle against 1 trillion euro tax evasion
10/04/2013 17:48 CET The European Union can’t afford to let tax evasion go on the way it is. That is why EU leaders will meet at a one-day summit in Brussels on Wednesday May 22 to try to negotiate a solution. Potential revenues that escape the net of tax collectors reportedly amount to one trillion euros. Such large amounts of money, currently sitting in tax havens, would be greatly ...
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Man charged in death of missing Maine teenager
BANGOR, Maine -; A 20-year-old Maine man has been charged with murder in the death of a 15-year-old girl who was last seen more than a week ago, when she went to meet someone she befriended ...
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PBS’s new head of drama on €28000 contract
Oh dear, cronyism rears it's ugly head again. I thought we'd seen the last of that kind of thing. + Moral, NEVER believe what a politician says; lying to the people is part of their ...
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GLOBAL MARKETS-Shares flat ahead of Bernanke euro edges lower
* Shares flat ahead of Bernanke testimony on Wednesday, Home Depot rallies * Dollar index firmer, but down from near 3-year high * Yen dips after Japanese minister says seeks 'balance' for currency * Commodities fall, gold and oil weaker on the day By Ryan Vlastelica NEW YORK, May 21 (Reuters) - Stock markets around the world were little changed on Tuesday as investors awaited an update ...
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Euro rallies to session high against the dollar
NEW YORK | Tue May 21, 2013 11:34am EDT NEW YORK May 21 (Reuters) - The euro rose to a session high against the dollar on Tuesday as investors positioned ahead of testimony from U.S. Federal Reserve Chairman Ben Bernanke on Wednesday. Speculation the U.S. central bank will trim its bond purchases, or quantitative easing (QE), sooner than expected has mounted, given signs of an ...
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