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Aug 16, 2011

LATEST World News, Aug 16, 2011


High food prices threaten poorest: World Bank
AFP
According to the bank's latest Food Price Watch report, prices that are now near the record highs of 2008 have been a major contributor to the emergency in the Horn of Africa. Over the last three months, reportedly 29000 children under five have died ...
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AFP
ANU loses top national ranking
The Canberra Times
Latest results from the Academic Ranking of World Universities (ARWU) survey show the ANU has dropped 11 places on the global charts and one place nationally. It now sits second behind the University of Melbourne on the national scale and ranks at No ...
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Asia offers relief to world sugar surplus
Gulf Times
The global sugar market will see a sizeable surplus in the next crop year but rising Asian demand, led by China, and lower-than-expected output in top exporter Brazil may offer opportunity for producers to expand sales, industry officials said. ...
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One man's journey to top of mountain spotlights global water crisis
USA Today
Ned Breslin is the chief executive officer of Water For People, a non-profit international development organization dedicated to helping people in developing countries gain access to safe drinking water and improved sanitation. ...
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Stocks in India Rebound on Global Equity Rally, Industrial Output Growth
Bloomberg
Coal India Ltd. (COAL), the world's largest producer of the fuel, gained in Mumbai trading after reporting a 63 percent increase in first-quarter profit, beating analyst estimates, on increasing prices and demand. Hindalco Industries Ltd., the biggest ...
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MPs call Flaherty to talk about world economy
CBC.ca
Liberal finance critic Scott Brison says the committee needs to give Canadians, including investors, information about the global financial crisis. Brison says they should hear from top economists and department of finance officials about where they...
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CBC.ca
Gold SPDR Close To Overtaking SPY As Largest ETF In The World
Business Insider
The turmoil endured by global markets over the last several weeks has left many portfolios drenched in red, as major indexes around the globe have been hammered mercilessly. The surge in volatility has also led to a pike in the use of ETFs, ...
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Global cotton consumption slightly higher
Fibre2fashion.com
The limited growth expectations are the result of the weak world economy and the recent high cotton prices that have reduced demand for cotton products and resulted in fiber substitution at mills. Although 2011/12 global mill consumption is forecast 2 ...
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Qantas Airways Limited : Building a Stronger Qantas
4-traders (press release)
Even in the midst of the current economic volatility, Australians are still going to be very well-off inglobal terms, with a strong currency, ready to do business around the world, and to enjoy all thatglobal travel has to offer. ...
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Global stock markets firmer, euro up
Bangkok Post
... very volatile week following Washington's recent credit downgrade. On Monday in Asia, Tokyo rallied 1.37 percent, Sydney jumped 2.64 percent, Hong Kong rocketed 3.26 percent and Shanghai rallied 1.30 percent. Global shares rose Monday despite World ...
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Axion International Reports Second Quarter 2011 Financial Results
MarketWatch (press release)
Signed milestone LOI to form global joint venture with partner, Sicut Holdings Inc., to capitalize on $8 billion world-wide railroad tie market. * Received purchase order to supply materials for first plastic bridge in Europe. ...
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Argentine president vows growth after vote
Boston Globe
AP / August 16, 2011 BUENOS AIRES - President Cristina Fernandez said yesterday that keeping Argentina's economy growing despite the global consumption slowdown is her top priority as she looks forward to what seems like a certain reelection in October ...
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And if China slows ...
UPI.com
But it is a safe bet that neither will be contributing much to global growth over the next few years, so China's future is going to be pivotal for us all. The world has become accustomed to China's scorching annual growth rates of 9 or 10 percent in ...
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Lady Gaga to Premiere New Music Video “Yoü and I” and Make Major Announcement ...
TVbytheNumbers
Lady Gaga is the only artist in the digital era to top the 5 million sales mark with her first two hits. MTV is the world's premier youth entertainment brand. With a global reach of more than a half-billion households, MTV is the cultural home of the ...
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A breath of fresh air and a sigh of relief on a steamy night in Georgia
Herald Scotland
I would love to be up in a category with the best players Curtis emerged from the obscurity of 396th in the world to win the Open at Royal St George's in 2003. Shaun Micheel, a lowly 169th on the global pecking order, waltzed away with the US PGA title ...
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Herald Scotland
EMERGING MARKETS-Latam stocks rally most since last year
Reuters
SA) added 6.22 percent, state-run oil giant Petrobras (PETR4.SA) added 3.4 percent and Vale (VALE3.SA), the world's top iron ore miner, rose 1.83 percent. Latin American stocks as well asglobal stocks have seen a wild ride in the last two weeks. ...
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S&P Downgraded in Treasury Trade After Upgrading Communist China
BusinessWeek
16 (Bloomberg) -- Eleven days after lowering the credit rating on the US for the first time, Standard & Poor's is suffering a downgrade among global investors as American bonds are proving worldbeaters -- undermining S&P's mathematical assumptions ...
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Medina posts perfect heat, wins Airwalk Lacanau Pro Jr
Global Surf News
Taking a first ASP event win today and consequently qualifying for the ASP World Junior Tour finishing second overall, French Caribbean Maud Lecar (Saint Martin, FRA) was able to select the final's best waves and unleash some solid carving surfing on ...
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Global Markets Overview 08/16/2011
IBTimes Canada
Oil and gas engineering firms were also among the top gainers in London, including a 1.6% advance for John Wood Group PLC and a 4.8% move higher for Amec PLC. Mining stocks traded higher in London as well, including a 3.5% gain for Kazakhmys PLC. ...
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IBTimes Canada
Information technology behind global shakeup: NYT columnist
ZDNet (blog)
New York Times columnist Tom Friedman, author of The World is Flat, urges us to think even bigger when it comes to IT. In his latest column, he looks at all the events erupting around the globe — from the Arab Spring uprisings to European Union ...
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Motorola Photon 4G review
Engadget
Instead of trying to wow us with a gimmicky 3D camera, it differentiates itself by being Sprint's firstglobal phone with WiMAX, and as such supports CDMA / EV-DO for North America along with GSM / HSPA for the rest of the world. ...
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Deals of the Day: Google to Buy Motorola Motability for $12.5 billion
Wall Street Journal (blog)
[Heard on the Street] RBC: The Canadian bank will name Harry Samuel, current global co-head of fixed income and currencies and global head of treasury services, as chief executive officer of RBC Capital Markets Europe. It will also appoint David Thomas ...
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Obama pushes back on Midwest tour
CBC.ca
He also cited a column Monday by the world's richest investor, Warren Buffett, that called for wealthy Americans to pay more taxes. "Solving our debt and deficit problems simply requires all of us to share in a little bit of sacrifice, all of us, ...
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CBC.ca
Aberdeen States Google Acquisition of Motorola Mobility Offers More ...
MarketWatch (press release)
Two recent international patent filings through the Patent Cooperation Treaty (PCT) indicate Google's mobile platform imperative: -- Advertisements for devices with call functionality such as mobile phones -- An "Instant Bid" capability for mobile ...
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ALIEN INVASION WILL CURE WORLD ECONOMIC WOES
Weekly World News (satire)
By Frank Lake NEW YORK – Economists from around the world gathered at the UN to discuss solving the global financial crisis – by fighting aliens! The world's top economists gathered with Dr. John Malley, the head of the UN Panel on Extraterrestrials, ...
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The dark side of the digital age [Financial Express (India)]
TMC Net
However, in the cyber world the current state of the practice regarding the technical ability to track and trace internet-based attacks is primitive at best. Sophisticated attacks can be almost impossible to trace to their true source using current ...
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Strengthening US National Security Through...
defpro
As the world's top conventional arms exporter with one of the most robust export control systems, the United States--along with its allies and partners--stands to benefit from tougher, global standards for the arms trade. The successful negotiation and ...
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Heidelberg Environmental Dialog – Sustainability Has Arrived at Print Shops
What They Think
Environmental protection, like sustainability, is a global issue of ever increasing importance that also affects the print media industry. Heidelberger Druckmaschinen AG (Heidelberg) therefore played host once again to the international Environmental ...
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World's Best Pokemon Players Crowned at 2011 Pokemon World Championships
Marketwire (press release)
"The PokĆ©mon World Championships is more than a tournament; it's a global event for our entire community to compete, have fun, and create lifelong friendships," said JC Smith, director of Consumer Marketing for The PokĆ©mon Company International. ...
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Shorelines, Sandy or Otherwise, That May Not Last
New York Times
Four coastal scientists, three from the United States and one from Northern Ireland, have come to the aid of the beach curious with “The World's Beaches: A Global Guide to the Science of the Shoreline,” a comprehensive, readable guide to the physical ...
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New York Times
National Oilwell Varco contract shows ties to Brazil
Houston Chronicle
A web of reservoirs, buried under a thick layer of salt, are estimated to hold 50 billion to 100 billion barrels of oil — enough to turn Brazil into one of the world's top five producers of crude. And producers are in the very early stages of ...
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India major importer of Pakistani dried dates | Pakistan Today ...
By fraaz
News Comments (1137040http%3A%2F%2Fwww.pakistantoday.com.pk%2F2011%2F08%2Findia-major-importer-of-pakistani-dried-dates%2FIndia+major+importer+of+Pakistani+dried+dates2011-08-15+20%3A06%3A00fraazhttp%3A%2F%2Fwww.pakistantoday.com. ... It follows Egypt, Saudi Arabia, Iran and UAE in the list of top date producing countries with about 10 per cent share of globalproduction. Balochistan is the largest date producing province followed by Sindh, Punjab and Khyber Pakhtunkhwa. ...
Pakistan Today | Latest news,...
Kemper Lakes Golf Club to be Renovated - World Property Channel ...
By Scott Kauffman
Weekly Newsletter & Breaking News Alerts. World Property Channel. Properties, Places & Perspectives | Worldwide. Global Real Estate News Editions. Monday, August 15, 2011. GlobalProperty Search · Residential News ... "We are extremely excited and tremendously proud to be working on a project aimed at revitalizing one of the best-known championship golf courses in the Chicago area," said Jacobson, who has been based in Libertyville since founding his company in 1991. ...
WPC News Center
Which Sectors Are Most Vulnerable to Another Downturn? | News ...
Ad Age Marketer Contact List available for purchase · Ad Age's exclusive agency executive contact list is now available for purchase and download! Stay on top of the news and stay ahead of the game— sign up for e-mail newsletters now! ...
Advertising Age - Latest News
Sugar Trading News | Live Stock Trading News | Equities, Forex ...
By Shayne Heffernan
Sugar Trading News. China is forecast to import about 3 million tons in 2011/12, in line with analysts' estimates, as it needs to beef up its sugar reserves to strategic levels, Baron said ahead of a sugar conference on the island resort of Cebu. ... New York front-month raw sugar futures have slid around 12 percent since hitting a five-month high at 31.68 cents in late July, weighed down by fears of aglobal recession, although worries about lower output in top producer ...
Live Stock Trading News | Equities,...
Ban Visits Hometown in Republic of Korea's Countryside
He urged participants to think of themselves not just as residents of Eumseong county but citizens of the world. ... Breaking News: United States Wants to See Peaceful Change in Syria. Find more stories recommended by Stumbleupon. ... He asked the students to engage in helping to address hunger, poverty, climate change and other global threats. "You need to have a sense of reality and lofty dreams. This will be your road to success. I have never forgotten this maxim. ...
NewsBlaze.com Current News - Top Stories
The Americas, Not the Middle East, Will Be the World Capital of ...
By SLAYER69
For half a century, the global energy supply's center of gravity has been the Middle East. This fact has had self-evidently enormous implications for the world we live in -- and it's about to change. By the 2020s, the capital of energy ... (visit the link for the full news article). reply posted on 15-8-2011 @ 11:03 AM by SLAYER69. I don't know. I'm sure many here will consider it BS or MSM propaganda etc. The world is changing. There is no doubt that there is a lot more ...
AboveTopSecret.com New Topics...
World Stocks Lift Following Good News From Japan | The Freedomist ...
By staff writer
World Stocks Lift Following Good News From Japan. With last weeks extreme drop and slight correction at the end of the closing bell Friday, investors were looking forward to the coming week. With a growing number of positive influences, ... Gold and the Swiss franc, two of the main beneficiaries of recent global risk aversion, fell. Investors were also weighing calls by Italian Economy Minister Giulio Tremonti for a more coordinated response to the euro zone debt crisis, ...
The Freedomist- Freedom News
Financial World Dominated By A Few Deep Pockets - Science News
By scinews@sciencenews.org (Science News)
Home / News / Article. Financial world dominated by a few deep pockets. Economic “superentity” controls more than one-third of global wealth. By Rachel Ehrenberg. Web edition : 5:17 pm. Text Size ... Diagramming the relationships between more than 43000 corporations reveals a tightly connected core of top economic actors. In 2007, a mere 147 companies controlled nearly 40 percent of the monetary value of all transnational corporations, researchers report in a paper ...
Science News
Pentagon a winner in debt deal. | World News |Axisoflogic.com
World News. Pentagon a winner in debt deal. ( 0) Printer friendly page Print This. By News Bulletin.Global Post. Monday, Aug 15, 2011. Pentagon effectively gains $50 billion over the next decade. With the passage of the debt deal, ... Rather than cutting $400 billion in defense spending through 2023, as President Barack Obama had proposed in April, the current proposal trims $350 billion through 2024, effectively giving the Pentagon $50 billion more than it had been ...
Axisoflogic.com
Report: July was world's 7th warmest - OC Science - The Orange ...
By By PAT BRENNAN
Tweet Share Last month was the seventh warmest July on record when global land and sea-surface temperatures are combined, according to a monthly snapshot from the nation's climate agency. The.... Latest Headlines on OCRegister.com. [x] Close. NEWS. TV's Vanna White poses, volunteers in La Habra 1 hour & 9 minutes ago; San Clemente paddler conquers rivers of NYC in 26.5-mile race 47 minutes ago; H.B. reviews firefighter pension concessions tonight 1 hour & 33 minutes ago ...
The Orange County Register -...
Drone Kills Four Militants in Pakistan | Radio Sawt Beirut ...
By Carol Maher
Washington has called Pakistan's semi-autonomous northwest tribal region the global headquarters of al-Qaida, where Taliban and other al-Qaida-linked networks have rear bases in the 10-year war in Afghanistan. The identity of the militants was not immediately clear, ... Contact Us · Live Radio · Ł‡ŲÆŲ§ŁŠŲ§ من لبنان · Site Admin. © 2011 Radio Sawt Beirut International – Lebanon news, nightlife, broadcastinglatest arabic songs and hits, Latest NewsWorld. All rights reserved.
Radio Sawt Beirut International...
PAY-PER-VIEW KING FLOYD "MONEY" MAYWEATHER SHOOTS FOR GLOBAL ...
17 showdown with WBC Welterweight World Champion "Vicious" Victor Ortiz, which takes place at the MGM Grand Garden Arena in Las Vegas, Nev. and will be produced and distributed by HBO Pay-Per-View in the United States, Mayweather has ... only fitting that he is setting out to capture theglobal pay-per-view market and continue to break records. It is our goal to help him achieve the 'unachievable' and bring the great sport of boxing into new and unchartered territories." ...
PhilBoxing.com - XML News RSS/RDF Feed
Global markets in 'danger zone' - FBCL - News
By FBCL 05:17 PM
In Europe, rumours emerged that France would also have its top-notch rating downgraded, although this was widely denied, while Italy announced its second austerity plan in as many months. Report by : BBC News ...
FBCL
Bombs tear through 17 Iraqi cities, 63 killed - World News - IBNLive
The surprising scope and sophistication of the bloodbath suggested that al Qaeda remains resilient despite recent signs of weakness. Such attacks, infrequent as they are deadly, will likely continue long after American forces withdraw ... A little over a year ago, US and Iraqi officials said the deaths of al Qaeda in Iraq's two top leaders in a raid had dealt a severe blow to the organization. The group has suffered from a drop in funding and just last week was calling on ...
IBN Top Headlines
Nokia remains the top mobile phone seller
Out of total global market sales of 428 million mobile devices, Nokia stands as the top manufacturer that sells the most mobile devices in the world, based on Gartner report. ... Phone, News, All ...Principal research analyst at Gartner, Roberta Cozza is certain that Nokia will not remain as the topin the next quarter report with its current lean channel. The second and third places are taken by Samsung and LG respectively. The strong growth of the mobile segment in ...
Mobile88.com - Mobile Phone and...
U.S. Audit Faults Fed For $16 Trillion Secret Loans — Global ...
By editors
Global Geopolitics & Political Economy / IDN By Jutta Wolf IDN-InDepth NewsReport BERLIN (IDN) - While the world held its breath in the long drawn political tug-of-war between the White House and Republi ... ... "The Fed prefers to refer to these secret bailouts as an all-inclusive loan program, but virtually none of the money has been returned and it was loaned out at 0% interest," says an article posted on 'Other news' on August 7, adding: "Why the Federal Reserve had ...
Global Geopolitics & Political Economy
Global Unrest—Economic Uncertainty Leading to Global Unrest - CNBC
Great Britain and other parts of the world are experiencing unrest at a time of global ... News. Blog Posts. Videos. Current DateTime: 04:18:17 13 Aug 2011 ...
www.cnbc.com/.../Economic_Uncertainty_Leading_to_Global...
Death toll rises in Indiana State Fair stage collapse | Reuters
Related News. Lollapalooza heads to Sao Paulo in 2012. Fri, Aug 5 2011 ... "It's a very sad day at the State Fair and our hearts are breaking," said the fair's ... Our next generation legal research platform. Our global tax workstation ... providing investing news, world news, business news, technology news, ...
www.reuters.com/.../us-stage-collapse-idUSTRE77D07E20110...
International News World News Top News Stories Global News ...
international news world news top news stories global news Reuters.co.uk for international news, top stories, current events and World Crisis. ...
www.lowongandi.com/.../international+news+world+news+top...

GREECE News, Aug 16, 2011


Germany must defend the euro
China Daily
And they offered an extended aid package to Greece without building a convincing case that the rescue can succeed: they arranged for the participation of bondholders in the Greek rescue package, but the arrangement benefited the banks more than Greece. ...
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Why Excessive Debt is the Real Problem – Part II (Guest Voice)
The Moderate Voice
To finance these generous benefits, and to remain popular, the Greek government had to borrow enormously. When the economic crisis hit in 2008, Greek government debt had already reached 100% of GDP. This year Greece's total debt is expected to exceed ...
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The Moderate Voice
New Republic: Greek To You? Nope, Just Yogurt
NPR
According to a UBS report released in March, the two leading Greek yogurt brands — Chobani and Fage — now account, respectively, for 9 and 4 percent of the overall yogurt market. American bigwigs Dannon and Yoplait have suddenly found themselves on ...
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The welfare state was always an illusion
Guelph Mercury
The latest deals to “save” American and Greek public finances — those countries can now put themselves into even deeper debt — should puncture the illusion the welfare state was ever a success; fact is, it was always built on borrowed time and ...
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The Sinister Power of the Rating Agencies
Spiegel Online
Together with his colleagues at the rating agency, he has helped ensure that Greekgovernment bonds are now seen as "junk" and those from Portugal and Ireland are rated only slightly better. Being saddled with such a low rating makes it far more ...
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Spiegel Online
Keys for EUR This Week: Periphery Yields, European Equities, 2Q GDP
FXstreet.com
There was also the ramifications of the July 21st Summit – the template set that private bondholders had to take a haircut on Greek bonds - which caused a lot of unease in periphery markets. However, after the ECB shot its “bazooka” – buying Italian ...
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The difference between Aussies and Kiwis
Stuff.co.nz (blog)
If you are anti us having fun, turn your laptop off now. We drove to the coast, hopped on a ferry to Corfu and prepared ourselves for five days of a Greek Island drinkfest. Oddly, I can report back that the party didn't develop quite as we ...
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Stuff.co.nz (blog)
The secrets of Santorini
hellomagazine.com
For many it is the most enchanting of the Greek Islands; for some, a favourite across the entire planet. On the island of Santorini, man and nature live in harmony. Born from the fires of a volcano, today it is a land of sea and wind with ...
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Diving tourism a growing attraction in Greece
EMportal
The Greek seas are rich in such photographic material, and underwater photography in Greece was permitted, through legislation, just a few years ago. Taking advantage of the 2005 legislation allowing recreational diving throughout the country, ...
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Safe Global Debt For Bearish Bond Investors
Forbes
The Greek debt load, even if it is 120% debt-to-GDP, is way too high for a country that really is going through an austerity program to be able to grow their way out. Forbes: It's what Greece needs to do because their society and economic setup is one ...
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Tom Sutcliffe: Social media is TV's saviour, not its enemy
The Independent (blog)
But I did find myself wondering whether the Greek government might consider economising just a little on air defence. It's quite hard to get an accurate figure for the hourly flying costs of advanced military aircraft but I'd guess the daily ...
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The Big Dig: Reflecting On A Summer Of Archaeological Discovery
Cheshire Herald
And the Greek people are, in my experience, universally proud of this. They boast of the antiquity of their culture. They claim the the invention of everything from democracy to theater to justice and civic responsibility. ...
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Discovering The Delights Of Drama
Quest Bulgaria Property Magazine
If history of a classical nature combined with some of the world's most dramatic architecture, historical myths and legends and of course, interesting cuisine is to your taste, then Greece will not disappoint. This most ancient of countries is less ...
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Short on Solutions
Wall Street Journal
In the latest episode, regulators in France, Italy, Belgium and Spain decided late last week to stop the decline of European bank shares by imposing a short-selling ban on financial stocks for at least 15 days. Now, there's a novel idea: Restore ...
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The Reserve Bank decided global financial risks were to great to lift rates in ...
ABC Online
The Reserve also noted that the initial warm reception by financial markets of the latest Greekbailout had ebbed, with the plan insufficient to reduce Greek debt by enough to convince markets that the country could repay the debt that remained. ...
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Lesson From Europe (Take 2)
Wall Street Journal
As of June 2011, Eurostat reports that the unemployment rate in the euro zone was 9.9%. For the under-25s, it was 20.3%. In Spain, youth unemployment stands at 45.7%, which tops even theGreek rate of 38.5%. Then there's this remarkable detail: Among ...
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Bills.com Debt Coach Analyzes World Debt Crisis, Compares Consumer Debt ...
Marketwire (press release)
However, through accounting irregularities and an economic downturn, Greece is now faced with the danger of default. Greece has a $300 billion economy according to the IMF's measure of its GDP, which is dwarfed by its national debt of over 150 percent ...
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Germans Debate The Cost Of Keeping A Eurozone
NPR
Many own large shares of the Greek, Spanish, and Italian banks that would be stuck with the bad debts. The alternative to shrinking the eurozone is to redesign it in the other direction, by making it stronger and more unified, with stricter rules and ...
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FinMin: Bulgaria's Economy in Upswing, US, EU Must Learn from Us
Novinite.com
More and more foreigners are putting their money into our banks, especially people from Greece and Romania, but not only," Djankov declared on Nova TV Tuesday morning. He stressed that the tax burden in Bulgaria remains the lowest in the EU, ...
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Crete: A pilgrimage through the battlefields
New Zealand Herald
On the plain below, the small airfield is now used primarily for training Greek Air Force paratroopers and I watched from on high as a steady procession of small planes and even a couple of gliders took off from its runway. Beside the entrance to the ...
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People: Billy Crystal 'itchy' to host Oscars again
San Jose Mercury News
The actress later posted on Twitter pictures of a Greek beach, herself in a bikini and her wedding ring, with a yellow diamond possibly bigger than her bikini. But no shots of her husband. Reid, 35, who was previously engaged to Carson Daly and ...
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New-look basketball team heading to Greece
ZagsHoops.com (subscription)
By Matt Hodge When challenged to pronounce a number of different Greek foods on Saturday, senior Noah Hartsock simply said, “It's all Greek to me.” Well, everything will indeed be Greek to the Cougar men's basketball team as they travel to Greece from ...
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London Riots Will Engulf America
theTrumpet.com
Already, Greek-style austerity is looming over government budgets. Forced social spending cuts are coming. And when they do, America's cities will burn just as fiercely as Britain's. But economic collapse has a deeper cause. ...
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Iberdrola Surpasses 8000 Megawatts of Renewable Capacity in Europe
Your Renewable News (press release)
IBERDROLA is now the leader in wind energy in Spain, the UK, Greece and Hungary, and has ambitious projects in other countries; eg Romania and Poland. In onshore wind energy, this month IBERDROLA, through its Greek subsidiary Rokas, has brought on ...
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Greek and Irish blows knock RBS to $1.1 billion loss - Yahoo! News
Read 'Greek and Irish blows knock RBS to $1.1 billion loss' on Yahoo! ... in the second quarter, bruised by writedowns on Greek government bonds and Irish customers struggling to repay loans. ...Full Story »Deutsche Bank net rises 6 percent to $1.8 billion ... I hope that both countries will nowbail out the UK! ...
news.yahoo.com/rbs-posts-1-1-billion-loss-bruised-greece-062...