Not everyone thinks the "fiscal cliff" is so bad.If the Dec. 31 deadline passes, income taxes will go up and across-the-board spending cuts will hit government programs. But while most of the political world frets as if a major disaster is looming, others have treated it more like the Y2K bug: a fiscal canard ginning up a lot of unnecessary panic.The cliff is a "fantasy," former...
Egypt's constitution seen passing in referendum
Label: WorldCAIRO (Reuters) - Egyptians voted on a constitution drafted by Islamists on Saturday in a second round of balloting expected to approve a charter that opponents say will create deeper turmoil in the Arab world's most populous nation. Islamist supporters of President Mohamed Mursi, who was elected in June, say the constitution is vital to moving Egypt towards democracy two years after...
Rent in Orchard Rd prime areas down 0.28% in Q4
Label: Technology SINGAPORE: Prime area rent for shopping malls and retailers in Orchard Road inched down 0.28 per cent this quarter, compared to the previous quarter. In a report by Savills World Research, average monthly rent in prime areas in Orchard Road were S$35.1 per square foot in the fourth quarter. This is a slight drop from the S$35.2 per square foot in Q3. Analysts felt that this is due to adjustments...
Cold wave grips north India
Label: Lifestyle NEW DELHI: Cold wave conditions gripped north India as mercury dipped in most parts of the region on Saturday, with Kashmir Valley shivering under sub-zero temperature. In Delhi, the minimum temperature settled two notches below normal at 6.2 degrees Celsius, Met office said, predicting a foggy morning for tomorrow. In Jammu and Kashmir, temperature remained below freezing point in most parts...
Predicting who's at risk for violence isn't easy
Label: HealthCHICAGO (AP) — It happened after Columbine, Virginia Tech, Aurora, Colo., and now Sandy Hook: People figure there surely were signs of impending violence. But experts say predicting who will be the next mass shooter is virtually impossible — partly because as commonplace as these calamities seem, they are relatively rare crimes.Still, a combination of risk factors in troubled kids or adults including...
Dec
21
NRA to Speak on Stopping Newtown Repeat
Label: Business For the past week, leadership at the National Rifle Association has largely stayed away from the media, but this morning the group may weigh in on how to keep a deadly shooting massacre like last week's at a Newtown, Conn., elementary school from happening again.The NRA will hold a news conference in Washington, D.C., just before 11 a.m.Its leadership has held off on interviews...
Syrian rebels fight for strategic town in Hama province
Label: WorldBEIRUT (Reuters) - Rebels began to push into a strategic town in Syria's central Hama province on Thursday and laid siege to at least one town dominated by President Bashar al-Assad's minority sect, activists said. The operation risks inflaming already raw sectarian tensions as the 21-month-old revolt against four decades of Assad family rule - during which the president's Alawite sect...
ASEAN will continue to push for open skies agreement with India: PM Lee
Label: Technology SINGAPORE: Prime Minister Lee Hsien Loong said the issue of an open skies agreement between ASEAN and India is something which Singapore will continue to push for.Speaking to the Singapore media at the end of his visit to New Delhi for the ASEAN-India commemorative summit, Mr Lee said passenger traffic keeps on growing, and hence the need for more capacity."I keep on making the point to...
Rail attendant lodges FIR against UP minister Azam Khan
Label: Lifestyle LUCKNOW: Dirty linen in air-conditioned coaches of Indian Railways is something which many passengers have experienced and complained about. But, senior Samajwadi Party leader and cabinet minister Mohd Azam Khan could be an exception. Khan allegedly slapped and pinched the coach attendant for not making a 'perfect' bedding for him. And, later the minister denied the allegation.As per records, Khan...
AP IMPACT: Big Pharma cashes in on HGH abuse
Label: HealthA federal crackdown on illicit foreign supplies of human growth hormone has failed to stop rampant misuse, and instead has driven record sales of the drug by some of the world's biggest pharmaceutical companies, an Associated Press investigation shows.The crackdown, which began in 2006, reduced the illegal flow of unregulated supplies from China, India and Mexico.But since then, Big Pharma has been...
Dec
20
Virginia Tech Survivor Fights Back Against Guns
Label: Business Colin Goddard knows what it's like to be in a classroom when an armed man bursts through the door and starts randomly shooting people. Goddard was a student at Virginia Tech when a gunman shot him and killed 32 people in the deadliest mass shooting in U.S. history."It was the most terrifying nine minutes of my life," Goddard told Terry Moran of "Nightline" Wednesday. "One moment...
Egypt opposition vows to fight on against Islamist charter
Label: WorldCAIRO (Reuters) - Egypt's opposition, facing defeat over a new constitution in a referendum this weekend, urged its supporters to reject the Islamist-backed charter and pledged to fight on to amend it during elections expected next year. Forty-eight hours before the second round of the plebiscite, the main opposition coalition of liberals, leftist, Christians and secular Muslims called...
SGX consults markets on proposed rule changes
Label: Technology SINGAPORE: The Singapore Exchange (SGX) is consulting the securities and derivatives markets on proposed rule changes to provide market participants with more clarity of their rights and responsibilities. The proposed rule changes are meant to clarify when settlement and other payments between the clearing house and clearing members become final. SGX is proposing rule refinements to remove...
CWG case: Order on framing of charges against Kalmadi tomorrow
Label: Lifestyle NEW DELHI: A Delhi court will pronounce tomorrow its order on framing of charges against former Commonwealth Games Organising Committee (OC) Chairman Suresh Kalmadi and 10 others in a games-related graft case. Special CBI Judge Talwant Singh had on November 21 slated for tomorrow the pronouncement of order on charges in the case also involving former CWG OC Secretary General Lalit Bhanot as an accused...
AP IMPACT: Steroids loom in major-college football
Label: HealthWASHINGTON (AP) — With steroids easy to buy, testing weak and punishments inconsistent, college football players are packing on significant weight — 30 pounds or more in a single year, sometimes — without drawing much attention from their schools or the NCAA in a sport that earns tens of billions of dollars for teams.Rules vary so widely that, on any given game day, a team with a strict no-steroid...
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