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Jul 13, 2011

BUSINESS News, Jul 13 2011

China growth tops forecast, inflation fight goes on
Tue,12 Jul 2011 09:37 PM PDT
Reuters - BEIJING (Reuters) - China's economy slowed less sharply than expected in the second quarter and Beijing said corralling inflation remained its top priority even though a "complex and volatile" global economy clouded the outlook. Full Story
 
China data boosts world stocks, Aussie dollar
Tue,12 Jul 2011 08:17 PM PDT
Reuters -
photoSINGAPORE (Reuters) - Asian stocks, metals, and the Australian dollar jumped on Wednesday after Chinese economic growth data soothed some worries over a global slowdown at a time when euro zone debt worries are also deterring investors.

Bear Creek files suit in Peru over mine
Tue,12 Jul 2011 07:11 PM PDT
Reuters - LIMA (Reuters) - Canadian miner Bear Creek said on Tuesday it had filed for a legal injunction to regain its license for a mining concession in southern Peru after the government canceled it to calm protests by indigenous groups. Full Story

Electronic Arts buying PopCap Games for up to $1.3 billion
Tue,12 Jul 2011 06:25 PM PDT
Reuters -
photoNEW YORK (Reuters) - Electronic Arts Inc, the video game publisher, is buying PopCap Games in a deal worth up to $1.3 billion as it tries to ramp up its social and casual games portfolio and better compete with Zynga Inc.

New BOJ board members warn against debt underwriting
Tue,12 Jul 2011 06:18 PM PDT
Reuters -
photoTOKYO (Reuters) - A new Bank of Japan board member, Koji Ishida, said on Wednesday the central bank should avoid directly underwriting government debt because doing so could destabilize financial markets.

Netflix raises DVD, streaming plan price by 60 percent
Tue,12 Jul 2011 04:45 PM PDT
Reuters -
photoLOS ANGELES (Reuters) - Netflix Inc hiked monthly prices for customers who use both its mail and online services, a move that could steer users toward its growing Internet streaming service.

Electronic Arts buying PopCap Games for up to $1.3 billion
Tue,12 Jul 2011 04:38 PM PDT
Reuters - NEW YORK (Reuters) - Electronic Arts Inc , the video game publisher, is buying PopCap Games in a deal worth up to $1.3 billion as it tries to ramp up its social and casual games portfolio and better compete with Zynga Inc. Full Story

Borders defends auction plan amid landlords' ire
Tue,12 Jul 2011 03:53 PM PDT
Reuters -
photoNEW YORK (Reuters) - Borders Group Inc on Tuesday answered criticism from landlords who said the bankrupt bookseller has kept them in the dark on the future of their leases, saying it is providing as much information as it can under tight deadlines.

Default would slam financial system: NYC mayor
Tue,12 Jul 2011 03:37 PM PDT
Reuters -
photoNEW YORK (Reuters) - A debt default would have a catastrophic effect on the nation's financial system and also deal a huge setback to New York City, Mayor Michael Bloomberg said on Tuesday.

PIMCO's Gross raises Treasuries in flagship fund
Tue,12 Jul 2011 03:25 PM PDT
Reuters - NEW YORK (Reuters) - Bill Gross, the manager of the world's largest bond fund, has soured further on the economic outlook and has jacked up buying of U.S. Treasuries in June, according to PIMCO's website on Tuesday. Full Story

Hollywood gloats, silently, over News Corp scandal
Tue,12 Jul 2011 03:22 PM PDT
Reuters -
photoLOS ANGELES (Reuters) - British actors Hugh Grant and Steve Coogan may be publicly cheering the woes of Rupert Murdoch's media empire in a newspaper hacking scandal, but in Hollywood any gloating is largely taking place behind closed doors.

Risks growing on sharing European bailout: Moody's
Tue,12 Jul 2011 03:21 PM PDT
Reuters - NEW YORK (Reuters) - Risks that private creditors will be required to share the burden of future euro zone bailouts have been growing in the past few days, further weighing on the ratings of Ireland, Portugal and Greece, Moody's Investors Service said on Tuesday.Full Story

WaMu, shareholders clash again over bankruptcy exit
Tue,12 Jul 2011 02:56 PM PDT
Reuters -
photoWILMINGTON, Delaware (Reuters) - It's Washington Mutual Inc vs. shareholders, round II.

Fed minutes: Some ready to ease if recovery lags
Tue,12 Jul 2011 02:47 PM PDT
Reuters -
photoWASHINGTON (Reuters) - Some Federal Reserve officials believe further monetary policy easing could be needed if the recovery remains too sluggish to cut the stubbornly high U.S. jobless rate and if inflation eases as expected, minutes of the Fed's last meeting show.

New York probes Bank of America $8.5 billion mortgage pact
Tue,12 Jul 2011 02:39 PM PDT
Reuters -
photoNEW YORK (Reuters) - New York's attorney general is investigating Bank of America Corp's $8.5 billion settlement with investors over losses in mortgage-backed securities, and has sought data from 20 institutional investors that agreed to the accord.

LATEST World News, Jul 13, 2011


World commercial property Q2 sales up 47 percent: study
Reuters
By Ilaina Jonas NEW YORK (Reuters) - Global commercial real estate sales rose 47 percent in the second quarter from a year earlier to $101 billion and are on track to reach or top $440 billion for the year, according to a report by real estate services ...
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LIFESTYLE News, Jul 13, 2011

Entertainment / Lifestyle
Malaysian Digest Tue, 12 Jul 2011 23:00 PM PDT
From your own observation, what was the total turnout for the Bersih 2.0 rally in Kuala Lumpur on Saturday?
Courteney Cox writing beauty blog
3news Tue, 12 Jul 2011 22:52 PM PDT
Courteney Cox is set to share her beauty secrets in a new lifestyleblog.
Family on TLC's 'Sister Wives' to challenge Utah's bigamy law
Pittsburgh Post-Gazette Tue, 12 Jul 2011 21:46 PM PDT
SALT LAKE CITY -- A polygamous family made famous by the reality TV show "Sister Wives" plans to challenge the Utah bigamy law that makes their lifestyle illegal, a Washington-based attorney said Tuesday. In an email to The Associated Press, attorney Jonathan Turleysaid he will file the lawsuit challenging Utah's bigamy law in Salt LakeCity's U.S. District Court today. Mr.
Ex-B Magazine editor Eliza OâHare joins Bondi Advertising
MumBRELLA Tue, 12 Jul 2011 20:21 PM PDT
Bondi Advertising has hired former lifestyle magazine editor Eliza OâHare to run its social media team. OâHare, who will continue to write her regular column in The Australianâs Wish magazine, joins the agency as content creative director. OâHare edited B magazine in Australia, B magazine in the UK and Dolly. She has also contributed to [...]
Starr report
New York Post Tue, 12 Jul 2011 20:21 PM PDT
Doc Hollywood: Tribune is expanding the reach of "Dr. Steve," which launched on Ch. 11 this past spring with host Dr. Steven Salvatore. The health/wellness/lifestyle show, which also aired in Houston, Dallas andMiami -- immediately after launching on Ch. 11 -- is expanding to a total of...
When parents have to mediate
New Sabah Times Tue, 12 Jul 2011 19:54 PM PDT
A LIFESTYLE here; Sundays or public holidays, the whole family, young and old gather at a table of ten exactly and joyously for breakfast or dinner. We are familiar with this; while nothing new is actually a very happy state of affair.
Cops say man gunned down in Coquitlam had criminal past
Vancouver Province Tue, 12 Jul 2011 19:40 PM PDT
Homicide investigators believe a murder victimâs âcriminal lifestyleâ ultimately led to his grisly death.
Donât waste summer daylight
Bullard Banner News Tue, 12 Jul 2011 19:34 PM PDT
To most in school, summer is a time for relaxation, to get away from hard work and studying, but not for the leading athletes. The whole point of summer is to have a break from school but not from an activelifestyle. Summer ball keeps players in shape and sustains sharp skills. read more
Reborn launches media network, hires ex-Fairfax salesman Dave Wright to run it
MumBRELLA Tue, 12 Jul 2011 18:22 PM PDT
Reborn, the digital media and marketing agency formed from the merger of Lighthouse Interactive and the V Project in March, has appointed Dave Wright from Fairfax Digital as director of its newly launched network oflifestyle websites. The network, called Lifestyle Media Group, starts out with Rescu.com.au as the foundation site with discussions underway to [...]
Cox writing beauty blog
San Diego 6 Tue, 12 Jul 2011 18:22 PM PDT
Actress Courteney Cox is set to share her beauty secrets in a newlifestyle blog.

 

HEALTH News, Jul 13, 2011

Czech press survey - July 13
Äeské noviny Tue, 12 Jul 2011 22:50 PM PDT
Prague - One can understand Czech trade unionists who cursed HealthMinister Leos Heger (TOP 09) at their protest event in Prague on Tuesday, Petr Honzejk writes in Hospodarske noviny daily today.
UAE spend on medicines rises
Zawya Tue, 12 Jul 2011 22:49 PM PDT
Pharmaceuticals per capita spend reaches Dh740 in 2011 Per capita spending on pharmaceuticals in the UAE reached approximately Dh690 per annum last year and the residents have to shell out more this year despite the Ministry of Health's recent initiative to slash prices of hundreds of drugs.
Doctors: Chuan's condition not serious
Bangkok Post - Thailand's English news Tue, 12 Jul 2011 22:49 PM PDT
Democrat Party chief adviser Chuan Leekpai's health has improved and he is expected to return home this evening, doctors at Ramathibodi Hospital said on Wednesday morning.
Budget talks: Partisan divisions become more entrenched
News-Medical-Net Tue, 12 Jul 2011 22:48 PM PDT
Included in the negotiations are proposals that would trim more than $350 billion from the federal Medicare and Medicaid health programs. Much of that would come from Medicare, where Republicans proposed to squeeze $246 billion in savings by reductions in payments for homehealth care, as well as increasing co-payments for laboratory services.
Victorian Minister for Health and Carlton Football Club encourage men to check for prostate cancer
News-Medical-Net Tue, 12 Jul 2011 22:48 PM PDT
The Victorian Government has joined forces with The Pratt Foundation and Carlton Football Club to launch the Richard Pratt Fellowships in Prostate Cancer Research.
Bersih2.0: Liow Should Apologise to Hospital
Tony Pua Tue, 12 Jul 2011 22:45 PM PDT
Dato' Seri Liow Tiong Lai has disgraced his position as the HealthMinister and the MCA Deputy President by outraging all right thinking Malaysians for his pathetic and lame defence of the police force.
Final portion of UNT mental health study presented to county
McKinney Courier-Gazette Tue, 12 Jul 2011 22:43 PM PDT
MCKINNEY - The final phase of the University of North Texas' (UNT) three part mental health study has been completed and while the county ranks better than most in terms of quality of life, the study showed the county's mental health services overall could use an upgrade.
Too much sitting ups risk of premature death from heart disease
New Kerala Tue, 12 Jul 2011 22:42 PM PDT
Washington, July 13 : Health experts have revealed that sedentary behaviour, or too much sitting, could potentially be a new risk factor for disease.
SB 7, Medicaid Efficiency Bill, receives final passage
Flower Mound Leader Tue, 12 Jul 2011 22:42 PM PDT
The Senate and House today passed SB 7, legislation authored by Sen. Jane Nelson, R-Flower Mound. The bill expands Medicaid managed care and streamlines programs to achieve cost savings needed to balance the health and human services budget. The bill now goes to the governor.
First responders reach out to each other
ABC 15 Phoenix Tue, 12 Jul 2011 22:40 PM PDT
Valley first responders are encouraged to attend a free seminar in Sun City West Wednesday, focused on stress management, peer support and mental health

BARACK OBAMA News, Jul 13, 2011

Obama blasts Syria's Assad after embassy attacks
AFP via Yahoo!Xtra News Tue, 12 Jul 2011 21:12 PM PDT
DAMASCUS (AFP) - President Barack Obama said Syrian leader Bashar Al-Assad had lost legitimacy, as ties with Damascus nosedived after pro-regime protesters attacked the US and French embassies.
Hopes for compromise dwindling
Pittsburgh Post-Gazette Tue, 12 Jul 2011 21:12 PM PDT
WASHINGTON -- From the White House and Congress to financial centers, pessimism spread Tuesday about the prospects of a debt-limit deal between President Barack Obama and Republicans, prompting the Senate Republican leader to propose a "last-choice option" that piqued the administration's interest but angered conservatives in his own party.
Hopes Dwindling for Compromise in Budget Talks
Pittsburgh Post-Gazette Tue, 12 Jul 2011 21:11 PM PDT
WASHINGTON -- From the White House and Congress to financial centers, pessimism spread on Tuesday about the prospects of a debt-limit deal between President Obama and Republicans, prompting the Senate Republican leader to propose a "last-choice option" that piqued the administration's interest but angered conservatives in his own party.
Rare White House Ceremony for Medal of Honor
Pittsburgh Post-Gazette Tue, 12 Jul 2011 21:10 PM PDT
WASHINGTON -- President Obama grasped the prosthetic right hand of Sgt. First Class Leroy Arthur Petry in congratulations on Tuesday, awarding him the Medal of Honor for actions in Afghanistan that included saving two comrades' lives by hurling away a grenade as it exploded.
U.S. needs to completely withdraw from Iraq
Guelph Mercury Tue, 12 Jul 2011 21:10 PM PDT
With U.S. casualties mounting again in Iraq, the Barack Obamaadministration should not go back on its commitment to pull out.
White House, in Shift, Turns Against Syria Leader
Pittsburgh Post-Gazette Tue, 12 Jul 2011 21:10 PM PDT
WASHINGTON -- The Obama administration, after weeks of urgingSyria to carry out democratic reforms and end a brutal crackdown, has now turned decisively against President Bashar al-Assad, saying that he has lost legitimacy and that it has no interest in Mr. Assad keeping his grip on power.
U.S. wants release of doctor who sought bin Laden DNA
Stars and Stripes Tue, 12 Jul 2011 21:09 PM PDT
The Obama administration is pressing Islamabad to release a doctor who was arrested for working for the CIA on the hunt for Osama bin Laden.
Obama, Republicans fight over debt
Sky News Australia Tue, 12 Jul 2011 21:08 PM PDT
US President Barack Obama will hold a fourth straight day of tough budget talks with his Republican foes.
Assad misses chance to reform - Obama
Sky News Australia Tue, 12 Jul 2011 21:08 PM PDT
US President Barack Obama said Syrian leader Bashar Al-Assad has missed a series of chances for reform.
President Obama, Call the Republicansâ Bluff
The Globalist Tue, 12 Jul 2011 21:06 PM PDT
The crisis over the U.S. debt ceiling is bogus, argues Richard Phillips. Warnings of apocalypse seem to be overplayed, allowing shrill political rhetoric and shallow maneuvering to trump sound policy. In the process, the real problems surrounding fiscal solvency are obscured, he writes.


GREECE News, Jul 13, 2011


Greece, Spain, Italy….How Do You Systematically Innovate a Country?
Forbes (blog)
Today it is Greece. Portugal is forgotten. Spain will re-enter the frame soon. What they have in common is a need for deep structural change in their economies. Sure the debt crisis is immediate but it won't be solved without a new economics. ...
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