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Vatican Bank seen to be more controlled

Sat, 25 May 2013 20:03:01 -0400

The Vatican Bank has been the subject of a 10 page report from its newly formed financial watchdog agency. The report has revealed that there were some attempts last year to use the bank to launder money. In 2012 there were six suspicious transaction reports, two of which were passed on to Vatican prosecutors for investigation. Autorita Informazione Finanziaria, the watchdog, was created ...

Investments being sought by Croatia for oil exploration in Adriatic Sea

Fri, 24 May 2013 16:42:23 -0400

ZAGREB/LONDON - Croatia, soon to become the 28th member of the European Union,- is looking to undiscovered oil and gas fields in the Adriatic Sea to revive its ailing economy, according to the country's president. Ivo Josipovic told CNN that Croatia is searching for partners in the energy sector to help reveal oil and gas "green fields" in the waters that separate the Balkan nations and ...

IMF warns UK against continuing austerity programme

Wed, 22 May 2013 15:53:31 -0400

LONDON - In a critique of the United Kingdom's austerity programme, the International Monetary Fund Wednesday urged the Europe's third largest economy to rebalance the policy to make the transition to a high-investment and more export-oriented economy. "The UK could boost growth by bringing forward measures already included in its fiscal plan, such as spending on infrastructure and job ...

British police arrest 3 over soldiers killing

Sat, 25 May 2013 19:22:19 -0400

By Peter Griffiths LONDON (Reuters) - British counter-terrorism police on Saturday arrested three people suspected of involvement in the killing of a soldier hacked to death in a London street by two men shouting Islamist slogans. The killing of the soldier in what the government said appeared to be a terrorist attack has led to angry protests against radical Islam and fears of a possible ...

Eurozone bank union progress li...

Sat, 25 May 2013 18:45:26 -0400

BRUSSELS: Key obstacles to a banking union, seen as a keystone in locking down the debt crisis, should be resolved within the next few weeks, the official in charge of the day-to-day operation of the eurozone said in an exclusive interview. Thomas Wieser, who heads the working group of the ...

French Soldier Stabbed in the Throat While on Patrol Outside Paris

Sat, 25 May 2013 17:16:36 -0400

A French soldier was stabbed by a robed assailant while he was on an antiterrorism patrol in a busy commercial district on the western outskirts of Paris. The 23-year-old soldier lost a lot of blood but he was quickly taken to the hospital and his wounds are not life-threatening. Still, the attack "sent a shudder through the French capital" considering it comes mere days after the ...

Two freight trains collide in Missouri bringing down overpass

Sat, 25 May 2013 17:06:49 -0400

ST. LOUIS (Reuters) - Two freight trains collided at a rail intersection in rural Missouri on Saturday, triggering the collapse of a highway overpass when at least a dozen rail cars derailed and struck a support pillar, authorities ...

Official Woman killed in San Antonio flooding

Sat, 25 May 2013 16:32:55 -0400

View Photo Associated Press/Eric Gay - A San Antonio metro bus sits in floodwaters after it was swept off the road during heavy rains, Saturday, May 25, 2013, in San Antonio. (AP Photo/Eric ...

French soldier stabbed in throat outside Paris

Sat, 25 May 2013 13:58:40 -0400

PARIS (AP) -- France's military spokesman says a soldier has been stabbed in the throat in the French commercial district of La Defense outside ...

Thousands of bridges at risk of freak collapse

Sat, 25 May 2013 11:41:57 -0400

The collapse of an interstate highway bridge in Washington state brings new attention to the limits of the country’s infrastructure, especially older structures that were designed with little room for error and were never intended to carry the number of cars and trucks they see ...

Gay soccer player Robbie Rogers joins LA Galaxy

Sat, 25 May 2013 11:34:28 -0400

(AP Photo/Marcio Jose Sanchez, File). FILE - In this Saturday, Aug. 8, 2009 file photo, Columbus Crew's Robbie Rogers celebrates after scoring against the San Jose Earthquakes during the second half of an MLS soccer match in San ...

Russian police detain activists foes at gay rally

Sat, 25 May 2013 10:45:44 -0400

Police detain a gay rights supporter, left, and an opponent, right, who scuffle during an unsanctioned gay rally near the City Hall in Moscow, Saturday, May 25, 2013. The Kremlin initiated a bill banning "propaganda of homosexuality" and routinely banned gay rallies and parade. Russian police say they detained at least 30 gay rights campaigners and their opponents at an unsanctioned ...

The fact that Germany is the the only European Union member included in Premier

Sat, 25 May 2013 10:37:52 -0400

by Tang Zhiqiang, Guo Xinyu BERLIN, May 25 (Xinhua) -- Chinese Premier Li Keqiang is scheduled to start a visit to Germany on Saturday, the last stop of his first overseas trip after he took office. The fact that Germany is the the only European Union (EU) member included in Li's ongoing ...

Girls suicide after alleged attack troubles town

Sat, 25 May 2013 10:32:36 -0400

Audrie 's. Instead, the girls were having a party. A classic teenage ploy. By all accounts, Audrie was a gorgeous girl. Her lush brown hair framed a heart-shaped face. Light makeup outlined her sharp brown eyes, but round cheeks gave her a childlike charm. She was a soccer player, a painter, a girl who at age 4 had the gumption to stand in front of 1,000 people in church and belt out a ...

Friend of alleged soldier killer arrested at BBC

Sat, 25 May 2013 10:10:10 -0400

LONDON (AP) -- Counterterrorism police on Saturday questioned a friend of Michael Adebolajo, one of two suspects in the killing of an unarmed British soldier, a savage attack that has horrified ...

Thousands watch as murdered anti-Mafia priest is beatified in Sicily

Sat, 25 May 2013 09:32:17 -0400

Pope Benedict , put Puglisi on the fast track towards sainthood in the Roman Catholic Church when he signed a decree last year recognizing that Puglisi had been killed "in hatred of the faith." That meant he could be beatified - the last step before sainthood - without a miracle being attributed to his intercession with God. A miracle is required for him to be declared a saint, ...

Arias jury foreman says life or death decision unfair

Sat, 25 May 2013 08:29:30 -0400

Jodi Arias ' execution, the jurors faced a decision that was wrenching and real, with implications that could haunt them forever. In an interview Friday, jury ...

What Detroit crisis Pension fund trustees hang out in Hawaii

Sat, 25 May 2013 08:20:26 -0400

Detroit's emergency financial manager Kevyn Orr talks to members of the media outside the Detroit Newspapers building about the report he delivered to the State of Michigan about Detroit's finances, in Detroit, Michigan May 13, ...

Eurozone Recession to Persist

Sat, 25 May 2013 07:29:41 -0400

From Page 1 The data group said there were signs of companies cutting prices in an effort to stimulate sales with the largest drop in manufacturing output prices since January 2010 recorded in the survey of about 5,000 eurozone businesses. The prospect of a weak recovery later in the year for the ...

Paper Japan government says unaware of ghosts at PM residence

Sat, 25 May 2013 07:24:22 -0400

TOKYO (Reuters) - A delay in Japanese Prime Minister Shinzo Abe and his wife moving into their official residence, the site of past assassinations, has revived talk of ghosts in the corridors, prompting the government to deny any knowledge of hauntings. Abe has not moved into the prime minister's official residence for five months since he took power. Asked by an opposition lawmaker ...

Friend of suspect in U.K. slaying arrested

Sat, 25 May 2013 07:24:19 -0400

Lee Rigby , hacking at his body with knives and a meat cleaver, on a London street in front of dozens of passersby on Wednesday afternoon. Both suspects were shot by police at the scene and are hospitalized under guard in stable condition. The BBC said Nusaybah was arrested by police outside its studios Friday night immediately after recording the interview. "This interviewee had important ...

Survey reveals parents pay €15k to child minders

Sat, 25 May 2013 06:45:25 -0400

According to a new survey parents are paying as much as EUR15,000 a year to child minders.A report complied by the Irish Independent reveals the extent of the burden on Irish families to meet childcare costs.The findings shows the cost of childcare is forcing many women to give up their jobs or work part-time.The survey outlines the wide variation in fees charged across the country with parents ...

Aviva sets out plans for European business

Sat, 25 May 2013 06:35:47 -0400

Aviva is set to transform its European business by taking full advantage of the growth opportunities presented in the area, and will be integrating its businesses across Europe. In a review of its current presence in Europe, Aviva recognised that the European market offers strong growth potential, with the region’s personal financial assets standing at €40trn, and an anticipated ...

Pension funds add €25bn to portfolios

Sat, 25 May 2013 06:35:43 -0400

Positive revaluation of investments and favourable price movements of financial assets have added €25bn in value to Dutch pension funds’ investment portfolios in the second quarter of 2009, according to De Nederlandsche Bank (DNB). The investment portfolios now stand at €560bn in value. Shares recorded the highest price gains, at €16bn, and revaluations of bonds and ...

EC alternatives directive could land funds with €25million bill

Sat, 25 May 2013 06:35:36 -0400

The European Commission’s draft directive on Alternative Investment Fund Managers could cost the pension fund industry up to €25bn a year if it is put into place in its current form, warns the Alternative Investment Management Association (AIMA). Europe’s pension funds would be landed with the bill if the alternative assets they have increasingly invested in over the last ...

Female suicide bomber injures 11 in Russian region of Dagestan

Sat, 25 May 2013 06:21:37 -0400

MAKHACHKALA, Russia - A female suicide bomber injured at least 11 police officers and civilians, including two children, in the southern Russian region of Dagestan on Saturday, police said. Police spokesman Vyacheslav Gasanov said the bomber blew herself up in the central square in the provincial capital, Makhachkala. He did not give details about the injured children. Since 2000, at least two ...

Suicide bomber dies in blast in Afghan capital

Sat, 25 May 2013 06:12:15 -0400

KABUL, Afghanistan-A would-be suicide bomber died when his explosives-rigged vest went off prematurely in Afghanistan's capital on Saturday morning, police said. The apparent failed attack came a day after a major Taliban assault on an international compound in Kabul left 10 people dead including the six attackers. Another blast in the country's east killed 12 people at a mosque during ...

iShares fixed income fund hits €2bn

Sat, 25 May 2013 05:01:22 -0400

iShares has announced that investor demand for its iShares € Corporate Bond fund has surpassed €2bn in assets under management (AUM). The fund, a fixed income fund which provides exposure to Euro denominated investment grade corporate bonds, aims to track the Markit iBoxx Euro Liquid Corporates index, which has exposure to industries and a market capitalisation of over ...

No Quick Fix for Downed Bridge on Holiday Weekend

Sat, 25 May 2013 04:41:08 -0400

Washington state officials are scrambling to find a temporary fix for a bridge that collapsed on an important interstate highway and, incredibly, left just three motorists with injuries. Whatever the solution, it won't come in time to help with Memorial Day's highway hoards. Transportation experts are also working to find out whether the spectacular disintegration of the heavily used ...

Dutch pension funds receive €4.9bn in dividends over 11 months

Sat, 25 May 2013 04:34:46 -0400

Between April 2007 and March 2008, Dutch pension funds are reported as having received €4.9bn in dividends on quoted shares, according to De Nederlandsche Bank. Pension fund holdings of these quoted shares averaged at €195bn in that period, which excluded quoted shares held through mutual funds. The Bank said that dividend income is used for two things, either as a major funding ...

Borsa Italiana and London Stock Exchange leader in Europe for ETF trades

Sat, 25 May 2013 04:34:41 -0400

Aggregated figures show that July 2008 set a record in trading of Exchange Traded Funds (ETFs) on Borsa Italiana and London Stock Exchange markets, with 140,452 trades amounting to a highest ever total of €8.8bn (£7.0bn). The average daily value traded was €383.2 million, an increase of 141 per cent year on year, and the total amount traded was an increase of 152 per cent. ...

AEGON releases €315million in securitisation transaction

Sat, 25 May 2013 04:34:36 -0400

AEGON has completed a €315million securitisation transaction to improve capital efficiency and optimise their capital structure as part of the group’s new strategy. The transaction adds the equivalent of around £250million of core capital, enhancing the financial flexibility of the group and improving the return on capital deployed in the UK. The move forms part of ...

Leading Dutch funds allocate €500m to clean technology

Sat, 25 May 2013 04:34:02 -0400

ABP and PGGM have re-inforced their commitment to sustainable investment with a joint mandate to invest in innovative, clean technology. The two largest pension funds in the Netherlands have appointed AlpInvest* to invest €500 million in innovative, clean technology in one of the largest mandates ever to be placed on the international private equity market. This is the first time that ...

Chiles Indians take on worlds largest gold miner

Sat, 25 May 2013 04:20:50 -0400

In this May 23, 2013 photo, security officers walk away from the entrance of the Barrick Gold Corp's Pascua-Lama facilities, in northern Chile. Chile's environmental regulator blocked Barrick Gold Corp.'s $8.5 billion Pascua-Lama project on Friday, May 24, 2013, and imposed its maximum fine on the world's largest gold miner, citing "very serious" violations of its ...

Man in custody after €1.7m drugs seizure in Dublin

Sat, 25 May 2013 04:18:40 -0400

A man remains in Garda custody this morning in connection with a EUR1.7m drugs haul on Dublin's northside.The 36-year-old man was arrested after garda searched a house on The Strand, Donabate on Thursday and recovered almost EUR1m worth of ecstasy tablets and EUR700,000 in cannabis herb.The man is being questioned at Mountjoy Garda ...

16 children 1 teacher dead in Pakistan bus fire

Sat, 25 May 2013 04:06:27 -0400

LAHORE, Pakistan (AP) -- Police say that a teacher was among the 17 burned to death in eastern Pakistan when a minibus taking children to school suddenly caught ...

Angel Flight Crashes in NY 2 Killed 1 Missing

Sat, 25 May 2013 03:29:09 -0400

The crash of a volunteer Angel Flight in upstate New York that killed at least two people is under investigation, and the search for the missing pilot is ongoing, authorities said. Fulton County Sheriff Thomas Lorey said the flight's two passengers were found dead near where the twin-engine plane crashed in a wooded area in Ephratah, about an hour west of Albany. He said the search for ...

Improving economy alters political landscape

Sat, 25 May 2013 03:22:01 -0400

FILE - In this May 15, 2013, file photo, President Barack Obama speaks on the Internal Revenue Service's targeting of conservative groups for extra tax scrutiny in the East Room of the White House in Washington. The economy is clearly, if slowly, recovering on Obama s watch and robbing Republicans of a central argument against Democrats. But the alleged misbehavior by the Internal Revenue ...

Central bank governor China always confident in euro

Sat, 25 May 2013 03:17:37 -0400

China welcomed European Union's agreement on the 109 billion euro bailout plan for Greece and has been confident of the stability of the euro zone and other member countries in the past, present or future, said Zhou Xiaochuan, governor of People's Bank of China on July 23 during an interview with Financial Times. Bailout plan helps bring financial stability After eight hours of ...

German confidence rebounds in May

Sat, 25 May 2013 02:46:41 -0400

Sarah Marsh - 25 May 2013 German business morale improved far more than expected in May, rebounding after two months of falls and suggesting Europe's largest economy is slowly picking up speed after a sluggish first ...

Haynes Johnson Dead Pulitzer-Winning Journalist And Author Dies At 81

Sat, 25 May 2013 02:29:51 -0400

WASHINGTON - Haynes Johnson, a pioneering Washington journalist who won a Pulitzer Prize for his coverage of the civil rights movements and migrated from newspapers to television, books and teaching, died Friday. He was 81. The Washington Post reported he died at Suburban Hospital in Bethesda, Md. In a statement to the Post newsroom, Managing Editor Kevin Merida said Johnson died of a heart ...

Gas cylinder blast on Pakistan school bus kills 17

Sat, 25 May 2013 00:34:17 -0400

PESHAWAR, Pakistan - A pair of suspected militant attacks killed nine people in two different areas of northwest Pakistan on Friday, police said.In the deadlier of the two attacks, suspected militants armed with heavy weapons attacked a police convoy in Mattani, 20 kilometers (12 miles) south of the main northwest city of Peshawar, killing six policemen and wounding seven others, said senior ...

Charity warns of lost tax revenues

Sat, 25 May 2013 00:32:57 -0400

25 May 2013 IRISH charity Christian Aid says developing countries lose around $160bn (EUR123bn) in tax revenues every year due to multinationals shifting profits to low-tax ...

Raiffeisen chief Stepic offers to quit as offshore probe widens on investments

Sat, 25 May 2013 00:32:57 -0400

Jonathan Tirone and Alexander Weber - 25 May 2013 RAIFFEISEN Bank International chief executive officer Herbert Stepic offered to resign from eastern Europe's second-biggest lender, a day after officials began a probe into his investments through offshore ...

Google hit with fresh probe into online ads

Sat, 25 May 2013 00:32:56 -0400

Google 's dominance of the online advertising market.The company is by far the dominant player in internet ads, and derives most of its EUR40bn revenue from selling ads on the web around the world.Now, however, the FTC is set to look at whether Google is abusing its position as the market leader. The investigation - one of many Google has had to endure in recent years - is believed to be ...

Retired Lafley returns to take helm at PG amid revamp

Sat, 25 May 2013 00:32:56 -0400

Jessica Wohl - 25 May 2013 PROCTER & Gamble brought back AG Lafley from retirement to run the world's largest household products maker, replacing Bob McDonald in the midst of a major ...

Irish share prices hold steady as markets get nervous

Sat, 25 May 2013 00:32:55 -0400

Sarah McCabe - 25 May 2013 IT WAS a steady day for Irish share prices after stocks dipped on Thursday, following indications that the ...

Judge expects Apple is guilty of ebook price-fixing conspiracy

Sat, 25 May 2013 00:32:54 -0400

Katherine Rushton - 25 May 2013 An American judge says there is strong evidence that Apple was involved in a conspiracy with publishers to fix the price of ...

Dead Pa. babys dad believes in divine healing

Fri, 24 May 2013 23:28:51 -0400

FILE - This undated file photo combination provided by the Philadelphia Police Department shows Herbert and Catherine Schaible. At a bail hearing Friday, May 24, 2013, a Philadelphia judge ordered the couple, who believe in faith healing over medicine, be held without bail on third-degree murder charges in the April death of their 8-month-old son, Brandon. They previously had been convicted of ...

German economic growth `soft` as euro-area recession drags on

Fri, 24 May 2013 22:16:05 -0400

(menafn - ecpulse) Germanys economic growth was confirmed to be modest in the first quarter, as the ongoing recession in the euro area continues to drag on Europes largest economy. Gross Domestic Product rose to a seasonally adjusted 0.1 percent in the three months through March, the final reading ...

Report Fallen bridge had earlier gouges impact damage

Fri, 24 May 2013 22:10:33 -0400

View Photo Associated Press/Elaine Thompson - Workers walk past the collapsed portion of the Interstate 5 bridge at the Skagit River Friday, May 24, 2013, in Mount Vernon, Wash. A truck carrying an oversize load ...

Ohio kidnap rescuer wont endorse free burgers

Fri, 24 May 2013 22:10:32 -0400

Knight were rescued in Cleveland. Ramsey, the man who famously put down his Big Mac to help rescue three women held captive for a decade in an Ohio house will never have to pay for another burger in his hometown. Ramsey has been promised free burgers for life at more than a dozen Cleveland-area restaurants. (AP Photo/The Plain Dealer, Scott Shaw, ...

Stone Temple Pilots Sue Ex-Frontman Scott Weiland

Fri, 24 May 2013 20:46:34 -0400

LOS ANGELES (AP) -- The Stone Temple Pilots accuse former frontman Scott Weiland of misusing the band’s name to further his solo career and want a judge to strip the rocker of his ability to use the group’s name or songs. A lawsuit filed Friday in Los Angeles accuses Weiland of being chronically late to concerts while the group was together and having his lawyer try to interfere with ...

UK’s FTSE suffers biggest single drop

Fri, 24 May 2013 20:08:04 -0400

Britain's FTSE 100 share index suffered its biggest one-day drop in a year on Thursday, knocked off historic peaks by weak economic data and signs the United States Federal Reserve could soon taper its stimulus ...

Judge Ariz. sheriffs office profiles Latinos

Fri, 24 May 2013 20:05:38 -0400

A federal judge must now decide whether the nation's largest police force has been unjustly stopping black and Hispanic men under a polarizing tactic known as stop, question and frisk, and whether changes are needed to department policy, training and ...

Paula Broadwell regrets affair with ex-CIA director Patraeus

Fri, 24 May 2013 19:54:24 -0400

Paula Broadwell told WSOC-TV in Charlotte on Thursday (http://bit.ly/10RjHXE ) that she credited her husband and friends for standing by her as she rebuilds her life six months after her relationship with the married Petraeus was revealed by an FBI investigation and ignited a political firestorm. TV crews camped out front of her family home for days and Broadwell went into seclusion. The couple ...

Search scaled back for abducted Iowa teenage girl

Fri, 24 May 2013 19:54:23 -0400

law enforcement will narrow their search around Dayton on Saturday for 15-year-old Kathlynn Shepard. Authorities say they're focusing on terrain that's difficult to navigate and requires specialized skills and equipment, so citizen volunteers are not needed. Residents are encouraged to check their rural properties for anything suspicious. Police ...

Ariz. Sheriff Arpaio loses racial profiling suit

Fri, 24 May 2013 19:54:22 -0400

View Photo Reuters/Reuters - Maricopa County Sheriff Joe Arpaio addresses the media about a simulated school shooting in Fountain Hills, Arizona, February 9, 2013. REUTERS/Darryl ...

Country moves against restaurants holding wild bears

Fri, 24 May 2013 19:54:20 -0400

Kosovo (Reuters) - Kosovo has launched a campaign to seize wild bears held in restaurants and private zoos, responding to concerns over dwindling numbers in the Balkan country's mountainous border areas. Authorities have so far traced at least 15 caged bears held in restaurants to help lure customers, to the outrage ...

Ky. uranium plant closes 1000 jobs lost

Fri, 24 May 2013 19:54:18 -0400

FRANKFORT, Ky. (AP) -- The operator of a Cold War-era plant in western Kentucky that supplies enriched uranium to nuclear power plants said Friday it planned to cease production after federal energy officials decided to end its work, putting more than 1,000 workers out of high-paying jobs with benefits. ...

Lawsuit alleging ex-QB Favre sent racy texts settled

Fri, 24 May 2013 18:47:48 -0400

New York Jets , they lost their part-time jobs with the team after complaining that he sent sexually suggestive texts to another therapist. During the 2008 preseason, the lawsuit alleged, the ...

Obama to visit Oklahoma tour Jersey Shore

Fri, 24 May 2013 17:38:21 -0400

A battered sign stands outside the wreckage of Plaza Towers Elementary School, where seven children were killed … President Barack Obama will travel to Oklahoma City on Sunday "to see first-hand the response to the devastating tornadoes and severe weather" that ravaged the area, meet with families affected by the devastation, and thank emergency responders, the White House ...

Man held following €1.7m drugs haul

Fri, 24 May 2013 17:26:13 -0400

A man has been arrested in Dublin after a major drugs haul worth EUR1.7m.Garda searched a house on The Strand, Donabate yesterday and recovered almost EUR1m worth of ecstasy and EUR700,000 in cannabis herb.A 36-year-old man is being questioned at Mountjoy Garda ...

Four girls killed in a civil rights-era church bombing honored

Fri, 24 May 2013 16:29:18 -0400

View Photo Reuters/Reuters - U.S. President Barack Obama signs a bill designating the Congressional Gold Medal commemorating the lives of the four young girls killed in the 1963 bombing of the 16th Street Baptist ...

Toronto Mayor Rob Ford denies crack cocaine allegations

Fri, 24 May 2013 16:27:51 -0400

Toronto Mayor Rob Ford has vehemently denied allegations that he was seen on a cellphone video smoking what appeared to be crack cocaine. "I do not use crack cocaine," Ford told a jam-packed news conference at Toronto City Hall. "Nor am I an addict of crack cocaine." The beleaguered mayor said it was "business as usual at city hall" and gave no indication that he ...

Eurozone more stable needs a more European UK Draghi

Fri, 24 May 2013 15:23:39 -0400

LONDON -- The eurozone is more stable than a year ago but economic conditions remain challenging and governments must push on with reforms and banking union plans, European Central Bank President Mario Draghi said on ...

Illinois judge charged with possession of heroin guns

Fri, 24 May 2013 15:20:34 -0400

ST. LOUIS (AP) - A southwestern Illinois judge already under scrutiny after a colleague died of a cocaine overdose at his family's hunting lodge was charged Friday with possession of heroin and guns. Wearing cutoff shorts and a T-shirt with the slogan "Bad is my middle name," St. Clair County Circuit Judge Michael Cook pleaded not guilty to federal counts of possessing heroin ...

Train engineer noted unusual condition before Connecticut wreck

Fri, 24 May 2013 15:17:29 -0400

the commuter train that derailed last week in Connecticut observed an "unusual condition" on the track before the wreck, federal officials said Friday without explaining what the condition was, though they did say repair work was done last month in the area of the crash. ...

Western IQs drop 14 points over last century researchers say

Fri, 24 May 2013 15:17:28 -0400

the average IQ in Western nations dropped by a staggering 14.1 points over the past century. "We tested the hypothesis that the Victorians were cleverer than modern populations using high-quality instruments, namely measures of simple visual reaction time in a meta-analytic study," ...

England to bid for Euro 2020 final

Fri, 24 May 2013 15:12:28 -0400

English Football Association vice-chairman David Gill on Friday admitted his organisation are set to bid for the right to host the Euro 2020 final. PHOTO BY STEVE ...

Exclusive DBRS to rate all euro zone sovereigns by year-end

Fri, 24 May 2013 15:10:21 -0400

An illuminated euro sign is seen in front of the headquarters of the European Central Bank (ECB) in the late evening in Frankfurt January 8, ...

After catastrophic misfire police issue warning on plastic gun

Fri, 24 May 2013 14:05:55 -0400

Techworld , the police commissioner in Australia's New South Wales, Andrew Scipione, has issued a warning after his officers tested one of the firearms--dubbed the "Liberator"--and experienced a "catastrophic misfire" (no one was seriously injured). According to the website, the NSW police used blueprints created by Defense Distributed to make two pistols that took 27 ...

Storm chasers catch Okla. twister as it forms

Fri, 24 May 2013 14:05:54 -0400

raw footage of the first 10 minutes of the Moore, Okla., tornado that gives viewers a harrowing sense of what the EF5 twister looked like. As cars and trucks zoom past, Chance Coldiron and Justin Cox's camera focuses on the dark grey funnel as it touches down. The tornado then tightens and begins to pick up debris. After a few minutes, someone can be heard saying, "It hit a ...

Sandy who Jersey shore opens for summer seven months after storm

Fri, 24 May 2013 13:55:25 -0400

SEASIDE HEIGHTS, New Jersey (Reuters) - The New Jersey shore ushered in the unofficial start of summer on Friday, with businesses making last-minute preparations and officials declaring the resort towns ready for visitors seven months after Superstorm ...

Low US energy prices make Euro leaders see green

Fri, 24 May 2013 13:50:41 -0400

Denmark's Prime Minister Helle Thorning-Schmidt, left, looks at Luxembourg's Prime Minister Jean-Claude Juncker, center, and European Commission President Jose Manuel Barroso while they walk away after a group photo was taken during an EU summit in Brussels on Wednesday, May 22, 2013. Leaders from the 27 European Union countries gather in Brussels for one of their regular European ...