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Breaking News Fri, 30 Jul 2010
Lettuce
(photo: Creative Commons / Lawrence Farmers' Market)
Diet Week 12: Time flies when you're slimming
Gulf News
| On April 29, for the first time in my life I found myself eating lettuce at 6.30am, wondering how I would survive the next 12 weeks. | Twelve weeks later, I'm still wondering how I managed to survive. But it makes me happy that the deprivation and exercise have actually done me good. After losing ...
An unidentified man stands near a gas flare belonging to the Agip Oil company in Idu Ogba, Niger Delta area of Nigeria, Wednesday, Feb. 1, 2006. OPEC and the European Union agreed in Vienna Wednesday to maintain a close "energy dialogue," stressing the importance of working together to help stabilize and secure the world's oil markets. Edmund Daukoru, Nigeria's oil minister and president of the Organization of Petroleum Exporting Countries, met with Martin Bartenstein, the energy minister of Austria, which holds the EU's rotating presidency. In a statement, the EU presidency said both reaffirmed the need to stay in close touch on energy issues.
(photo: AP / George Osodi)
Trying to Spread Africa's Wealth
The New York Times
| NICE — In years past, Africa was always the outsiders’ cornucopia, the font of gold and diamonds, slaves and minerals, cotton and rubber and, more latterly, oil. | These days, the continent’s riches draw a new cast of prospectors and predators, but the question is the same: who b...
Whaddawewant? Less work. But not now, we're busy
The Australian
| Too much toil is bad for health and relationships. But dreams of fewer hours seldom satisfy | THE face of the Australian worker is inexorably changing. There are more wrinkles and greyer hair, and more make-up as increasing numbers of women move ba...
Diet Week 12: Time flies when you're slimming
Gulf News
| On April 29, for the first time in my life I found myself eating lettuce at 6.30am, wondering how I would survive the next 12 weeks. | Twelve weeks later, I'm still wondering how I managed to survive. But it makes me happy that the deprivation and ...
Taxes on beer and alcohol to rise again on Monday
The Daily Telegraph Australia
| SMOKERS face another tax rise on Monday - just three months after the Federal Government's $5 billion slug on cigarettes. | And regardless of who wins the federal election, beer and spirit taxes are also going up under the twice-a-year hit on ...
Laziness myth debunked as Gen Y shows it's ready to pick up the slack
The Daily Telegraph Australia
| THEY have been dubbed Generation laz-Y but are society's young people really less committed to work than others? | Not according to a new report that debunks the myth that Gen Y has an aversion to putting in the hard yards. | The annual Austra...
Fifty ways to save a fortune
The Daily Telegraph Australia
| HAD enough of politicians' hollow promises to reduce the cost of living? We have too. | So today we help you take control in the battle against rising prices, with the best list of money-saving tips the country has seen. | Where politicians ha...
Offshore falls pull local stocks down
The Australian
| THE Australian sharemarket fell for a second consecutive day in quiet trading yesterday. | Weaker offshore markets generated some minor profit-taking before the weekend. | Cyclical sectors led broad-based declines as caution prevailed ahead of impo...
In this May 27, 2010 file photo banner reading: "Billions for the banks - the debts for us - we say Thanks!" is attached during a small protest against the financial markets staged by a few demonstrators outside the Frankfurt Fair Tower building prior to the start of the general shareholders meeting of the Deutsche Bank AG in Frankfurt am Main. How stressed are Europe's banks? The question has long preoccupied markets, and European Union leaders hope to make a big step toward restoring confidence with the publication later this month of "stress tests" on the health of 91 banks across the continent, representing 65 percent of the EU's banking system.
AP / dapd, Mario Vedder, File
Unholy trinity sets up bank failures
Asia Times
|      Jul 31, 2010 Unholy trinity sets up bank failures | By Chan Akya | Three discrete events over the past couple of weeks have confirmed the worst suspicion...
Visitors play the online game 'World of Warcraft' at the Games Convention, the fair for interactive entertainment in Leipzig, eastern Germany, Friday, Aug. 22, 2008.
AP / Eckehard Schulz
Gaming gamble for Google
Asia Times
|      Jul 31, 2010 <IT WORLD> | Gaming gamble for Google | By Martin J Young | HUA HIN, Thailand - Google is cooking up new recipes in its digital kitche...
In this July 7, 2008 photo, an investor looks at a stock price board at a private securities' company in Shanghai, China. Chinese shares fell sharply Friday, Aug. 8, 2008, on heavy selling of airlines and other market heavyweights, as investors and analysts puzzled over why expectations of a rally linked to the Beijing Olympic games never materialized. The benchmark Shanghai Composite Index sank 4.5 percent, or 122.81 points, to 2,605.16. The Shenzhen Composite Index of China's smaller, second market dropped 5.6 percent to 74
AP / Eugene Hoshiko, FILE
Asia nudges ahead
Asia Times
|      Jul 31, 2010 MARKET RAP | Asia nudges ahead | By R M Cutler | MONTREAL - Overall, Asia looks like having some rough going, at least for a while, although...
U.S. Economic Growth Slowed to 2.4% Rate in 2nd Quarter
The New York Times
| The United States economy expanded at an annual rate of 2.4 percent in the second quarter, after expanding 3.7 percent in the previous three months, the Commerce Department reported on Friday. | Nonresidential fixed investment, which covers items l...
Wall Street Slips After U.S. Data on Growth
The New York Times
| Traders on Wall Street got what they had been waiting for all week — a look at the crucial second-quarter report on economic growth in the United States. | The report, issued by the Commerce Department, said that the nation’s economy gr...
Greece and the Power of Negative Thinking
The New York Times
| Once the cradle of European civilization, Greece is now at the epicenter of Europe’s economic crisis. The now-fading consensus in the market and among opinion-makers was that Greece is likely to fail, taking the euro zone with it. The country...
6 Reasons Why The U.S. Economy In Better Shape Than You Think: Milken Institute (PHOTOS)
Huffington Post
| First the bad news: a growing number of economists suggest the U.S. has significant chance of falling into another recession -- and today's GDP numbers aren't much comfort. | The good news, however, is that not every prominent economist shares that...



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