MOSCOW (Reuters) - The Group of 20 nations declared on Saturday there would be no 'currency war' and deferred plans to set new debt-cutting targets in an indication of concern about the fragile state of the world economy. Japan's expansive policies, which have driven down the yen, escaped criticism in a statement thrashed out in Moscow by financial policymakers from the G20, which groups...
Wrestling president quits after Olympic omission
Label: TechnologyPHUKET, Thailand (AP) — The president of the international wrestling federation has quit in the wake of the IOC's decision to remove the sport from the 2020 Olympics.Raphael Martinetti's resignation was announced Saturday at the FILA executive committee meeting in Phuket. The Swiss had been in the position since 2002.On Tuesday, the executive board of the International Olympic Committee dumped wrestling...
Fish and Wildlife Foundation to Administer Deepwater Horizon Funds
Label: WorldA federal court judge accepted a plea agreement with Transocean on Thursday over the 2010 Deepwater Horizon explosion in which the company would pay $ 150 million in settlement funds. Those funds will be administered by the National Fish and Wildlife Foundation . Here are the details.* The settlement resolves criminal charges against Transocean as a result of the explosion and oil spill in the Gulf...
Meteor shows need to keep eye on sky
Label: LifestyleBy Colin Stuart, special for CNNFebruary 15, 2013 -- Updated 1512 GMT (2312 HKT)Meteor explodes over RussiaMeteor explodes over RussiaMeteor explodes over RussiaMeteor explodes over RussiaMeteor explodes over RussiaMeteor explodes over RussiaMeteor explodes over RussiaMeteor explodes over RussiaSTORY HIGHLIGHTSMeteor explosion above Russia left hundreds of people injuredMeteor came on day asteroid...
1 dead, 3 wounded in 90 minutes Friday night
Label: Health Chicago police were flagged down by a man on the street as they responded to the sound of gunfire Friday night and found a woman...
Exclusive: North Korea tells China of preparations for fresh nuclear test - source
Label: BusinessBEIJING (Reuters) - North Korea has told its key ally, China, that it is prepared to stage one or even two more nuclear tests this year in an effort to force the United States into diplomatic talks, said a source with direct knowledge of the message. Further tests could also be accompanied this year by another rocket launch, said the source, who has direct access to the top levels of...
Feb
15
Buffett, Brazil's 3G team up for $23 billion Heinz buyout
Label: World(Reuters) - Warren Buffett and Brazilian financier Jorge Paulo Lemann are teaming up to buy ketchup maker H.J. Heinz Co for $23.2 billion, in what could be the first step of a wave of mergers for the food and beverage industry. Analysts and people close to the deal said Heinz could be a good starting point to consolidate similar staple food companies, particularly given the larger ambitions...
Report: Jerry Buss hospitalized with cancer
Label: TechnologyLOS ANGELES (AP) — Lakers owner Jerry Buss has been hospitalized with cancer, the Los Angeles Times reported Thursday.The 79-year-old Buss has spent time in the intensive care unit at Cedars-Sinai Medical Center, according to the Times, which quoted Buss' son, Jim, Thursday saying his father was "doing fine." Several current and former Lakers players, including Kobe Bryant and Magic Johnson, have...
500 injured by blasts as meteor falls in Russia
Label: WorldMOSCOW (AP) — A meteor that scientists estimate weighed 10 tons (11 tons) streaked at supersonic speed over Russia’s Ural Mountains on Friday, setting off blasts that injured some 500 people and frightened countless more.The Russian Academy of Sciences said in a statement that the meteor over the Chelyabinsk region entered the Earth’s atmosphere at a speed of at least 54,000 kph (33,000 mph) and shattered...
What does Kim intend with nuclear test?
Label: LifestyleSTORY HIGHLIGHTSNorth Korea enjoys international community chatter about its nuclear programDates of nuclear test and rocket launch have significance, writes Joo Sung HaJoo works as a newspaper journalist and came from North KoreaEditor's note: Joo Sung Ha is a Seoul-based journalist for Donga Ilbo, a newspaper in South Korea. He graduated from North Korea's Kim Il Sung University and trained as a...
Meteorite hits central Russia, more than 500 people hurt
Label: BusinessCHELYABINSK, Russia (Reuters) - More than 500 people were injured when a meteorite shot across the sky and exploded over central Russia on Friday, sending fireballs crashing to Earth, shattering windows and damaging buildings. People heading to work in Chelyabinsk heard what sounded like an explosion, saw a bright light and then felt a shockwave according to a Reuters correspondent in the industrial...
Feb
14
Euro, shares fall as euro zone recession deepens
Label: WorldLONDON (Reuters) - The euro and shares fell on Thursday after data showed the euro zone's two biggest economies shrank even more than expected late last year, throwing a first quarter recovery into doubt. The German economy contracted 0.6 percent in the final quarter of 2012, marking its worst performance since the global financial crisis was raging in 2009. Exports, normally the motor...
Olympian Pistorius charged with murder
Label: TechnologyPRETORIA, South Africa (AP) — Paralympic superstar Oscar Pistorius was charged Thursday with the murder of his girlfriend who was shot inside his home in South Africa, a stunning development in the life of a national hero known as the Blade Runner for his high-tech artificial legs.Reeva Steenkamp, a model who spoke out on Twitter against rape and abuse of women, was shot four times in the predawn...
NFL ready to get Super Bowl played at Met Life
Label: WorldNEW YORK (AP) — The NFL says it’s ready to get the 2014 Super Bowl played at Met Life Stadium in New Jersey no matter what the weather conditions are early next February.The NFL has contingency plans for all games, but with a winter storm hitting the Northeast just after this year’s Super Bowl in New Orleans, there are concerns about the championship game being played for the first time outdoors at...
Where's Obama's foreign policy?
Label: LifestyleBy Isobel Coleman, Special to CNNFebruary 13, 2013 -- Updated 1653 GMT (0053 HKT)STORY HIGHLIGHTSIsobel Coleman: Obama mainly addressed domestic issues: economy, immigration, energy He spoke very little about and offered nothing much new on foreign policy, she saysColeman: He talked about ending Afghanistan War, spoke briefly about Iran, Syria, ChinaColeman: His reinvigorated free trade agenda seems...
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