Dec 1st, 2012
PARIS (Reuters) – French trade unions accused President Francois Hollande of betrayal on Saturday after his government backed away from a threat to nationalize ArcelorMittal’s Florange steelworks.
The Socialist government said on Friday it had won promises from ArcelorMittal to avoid forced redundancies and inject 180 million euros to develop the Florange plant, meaning it would no longer have to take...
Dec 1st, 2012
BOSTON (Reuters) – A grand jury is investigating the compounding pharmacy at the heart of a deadly meningitis outbreak, the Boston Globe reported on Saturday.
The grand jury has begun issuing subpoenas to people who worked for the New England Compounding Center, which closed after investigators determined it had produced the tainted injectible steroid that has killed 36 people, the newspaper reported, citing...
Nov 26th, 2012
BRUSSELS (Reuters) – Euro zone finance ministers and the International Monetary Fund began their third attempt in as many weeks to release emergency aid for Greece on Monday, with policymakers saying a write-down of Greek debt is off the table for now.
Greek Finance Minister Yannis Stournaras voiced confidence the ministers would finally reach a deal after Greece had fulfilled it’s part of the deal by...
Nov 26th, 2012
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday refused to hear the appeal of former Louisiana congressman William Jefferson, who had challenged his 2009 conviction on multiple charges of bribery and money laundering.
In March, the 4th U.S. Circuit Court of Appeals in Richmond, Virginia, had upheld 10 of 11 guilty counts against the former Democratic lawmaker.
A federal jury had found Jefferson...
Nov 24th, 2012
CAIRO (Reuters) – Angry youths hurled rocks at security forces and burned a police truck as thousands gathered in central Cairo to protest at Egyptian President Mohamed Mursi’s decision to grab sweeping new powers.
Police fired tear gas near Tahrir Square, heart of the 2011 uprising that toppled Hosni Mubarak at the height of the Arab Spring. Thousands demanded that Mursi should quit and accused him of...
Nov 20th, 2012
SACO, Maine (Reuters) – In the aftermath of the historic floods caused by Superstorm Sandy, some city leaders have begun to argue for the construction of sea walls capable of shielding the U.S. coastline from ever more intense storms.
But in Saco, Maine, storm protection comes in a far less glamorous package. Along what used to be Surf Street, owners of beachfront houses are jacking their homes up to allow...
Nov 20th, 2012
GAZA/JERUSALEM (Reuters) – The U.N. chief called for an immediate ceasefire in the Gaza Strip on Tuesday and U.S. Secretary of State Hillary Clinton headed to the region with a message that escalation of the week-long conflict was in nobody’s interest.
Nevertheless, Palestinian rocket fire and Israeli air strikes continued for a seventh day.
Hamas militants said they fired 16 missiles at the southern...
Nov 15th, 2012
LONDON (AP) — The 17-country eurozone has fallen back into recession for the first time in three years as the fallout from the region’s financial crisis was felt from Amsterdam to Athens.
And with surveys pointing to increasingly depressed conditions across the 17-member group that uses the euro at a time of high unemployment in many countries, there are fears that the recession will deepen, and make the...
