Friday, August 10, 2012

seenewstoday.com : Top News updates

US Grain Futures Fall, Soybeans Rise on USDA Forecasts - Wall Street Journal


Excerpts from Chinese state media report on murder trial of politician's wife ... - Washington Post
BEIJING -- China's official Xinhua News Agency published an unprecedented 3400-word article Friday on the murder trial of Gu Kailai, the wife of disgraced politician Bo Xilai. The story breaks the near-total silence that state-run media had maintained …


China: Politician's wife admitted murdering Brit - The Associated Press
By SCOTT McDONALD, AP - 1 minute ago BEIJING (AP) -- The wife of a disgraced top Chinese politician was a depressed woman on medication but a willful murderer who poisoned a British businessman while in fear for her son's life, official media said …


Jon Huntsman Sr.: 'I Feel Very Badly That Mitt Won't Release His Taxes' - Huffington Post


Afghan policeman kills 3 US troops 'at Ramadan meal'
Three American soldiers were killed when a man in an Afghan uniform turned his weapon against themAn Afghan police officer opened fire on four American soldiers he had invited for a meal Friday, killing three of them, Afghan officials said, in the third so-called green-on-blue assault in just four days.


TransCanada says Bruce Power's force majeure claim accepted
(Reuters) – Canada’s largest pipeline company TransCanada Corp said its subsidiary Bruce Power’s force majeure claim to the Ontario Power Authority related to one of its operating units has been accepted. Bruce Power submitted the request in June as a result of an event that delayed the startup of Unit 2 at its Bruce A generating station. Force majeure is a contract clause that allows a company to miss shipments or obligations due to circumstances beyond its control. …


Afghan president congratulates Olympic medallist
Afghanistan's Rohullah NikpahAfghanistan's first medallist in the London Olympics received a personal phone call of congratulation from the war-torn country's president Friday.


Morocco security officials arrested in corruption swoop
An unspecified number of security officials accused of corruption on Morocco’s northern coast have been arrested as part of a judicial inquiry ordered by the king, government sources said on Friday.


New middle class driving Brazil economic makeover
In this July 31, 2012 photo an orthodontist reaches for a box containing a patient dental mold at the Simetria orthodontic clinic in Rio de Janeiro, Brazil. Not long ago, it would have been all but unthinkable for the majority of Brazilians to undergo pricey dental work but in fact, an estimated 40 million people have joined the ranks of Brazil's middle class between 2003 and 2011, according to the Fundacao Getulio Vargas economic think tank, providing them with greater purchasing power. (AP Photo/Felipe Dana)The orthodontist bent intently over Flavia Soares da Costa's open mouth, tightening the glimmering silver brackets that are remaking her smile.


Defar trumps Dibaba for women's 5000m crown
Ethiopia's Meseret Defar reacts after winning the women's 5000mEthiopian Meseret Defar deprived her teammate and arch-rival Tirunesh Dibaba an Olympic double for a second time when she produced a home-stretch sprint to claim victory in the 5000m on Friday.


EU says monitoring France over wave of Roma expulsions
Roma's who are part of a voluntary repatriation scheme stand at check-in desk at Roissy Charles-de-Gaulle airportPARIS (Reuters) – The European Union is closely watching how France expels members of the Roma community to ensure their removal is consistent with the bloc's rules on the free movement of people, a spokeswoman for its executive arm said on Friday. Police have evicted hundreds of Roma from makeshift camps this week and repatriated dozens to Romania as President Francois Hollande follows the previous administration's policy of expelling illegal immigrants in the summer. …


Analysis: Argentine inflation "resilient" despite slowing growth
A man walks past an electronic board showing currency exchange rates and an Argentine flag at a money exchange in Buenos AiresBUENOS AIRES (Reuters) – Argentine dairy farmers dumped truckloads of milk in protests this week while millions of commuters endured the longest subway workers strike in history, all thanks to high inflation that is not seen easing despite a sharp economic slowdown. The government shuns orthodox policies and spends heavily to stoke swift economic growth. Official data has drastically lowballed price rises since 2007 and President Cristina Fernandez avoids mentioning inflation, estimated at 20 percent to 25 percent a year – the highest rate in Latin America. …


Sailing: Fourth gold on the horizon for Australia
Australia's Mathew Belcher and Malcolm Page celebrate as they cross the finish line to win gold in the men's 470 sailing class during the medal race at the London 2012 Olympic Games in Weymouth and PortlandWEYMOUTH, England (Reuters) – Australia asserted their dominance in Olympic sailing with a third gold on Friday and the expectation of a fourth on Saturday as the 2012 Games regatta nears its conclusion after two weeks of fluctuating winds and fortunes. The triple world champion team of Mathew Belcher and Malcolm Page bowed out as a pair in style, crowning Page's 15 years of competition in the 470 racing dinghy with his second gold medal. "The last four years have been the most rewarding of my whole sailing career", Page said. "This is the eighth regatta in a row that we've won. …


Aircraft owners seek shelter from EU ETS law breaches
A plane flies in the polluted air above the airport fences in BeijingBRUSSELS/WASHINGTON (Reuters) – International tension over the EU's law making all airlines flying in and out of Europe pay for their carbon emissions has prompted firms that lease planes to airlines to change the terms of their contracts, lawyers familiar with the situation said. Since the start of this year, the European Commission has begun enforcing legislation to make all airlines take part in its Emissions Trading Scheme (ETS), prompting threats of a trade war and proposals for blocking legislation in the United States. …


Tyco settles NY lawsuit over compensation with disgraced ex-CEO Kozlowski just before trial
NEW YORK, N.Y. – Tyco and its former chief executive have settled a New York lawsuit seeking to force him to surrender compensation he received before he was jailed.


Exclusive: Former Barclays trader "has cooperated" with Libor probe
A logo of Barclays bank is seen outside a branch in AltrinchamNEW YORK (Reuters) – A former Barclays Plc trader who was fired by the bank for sending inappropriate emails about Libor "has cooperated" with the federal criminal probe into the alleged rigging of international benchmark interest rates, according to the New York hedge fund that currently employs the trader. The hedge fund, WCG Management, sent an email to its investors on Sunday informing them that the $3.4 billion fund is not under investigation in the Libor probe, but confirmed that portfolio manager Ryan Reich has drawn scrutiny from U.S. prosecutors. …


Aussies Belcher, Malcolm win 470 sailing gold
Australia's Mathew Belcher (L) and Malcolm Page celebrate on the podium after winning goldMathew Belcher and Malcolm Page of Australia lived up to their favourites' status with a gold medal run in the men's 470 sailing at the Olympic Games on Friday.


Olympics-Sailing-Fourth gold on the horizon for Australia
WEYMOUTH, England, Aug 10 (Reuters) – Australia assertedtheir dominance in Olympic sailing with a third gold on Fridayand the expectation of a fourth on Saturday as the 2012 Gamesregatta nears its conclusion after two weeks of fluctuatingwinds and fortunes. The triple world champion team of Mathew Belcher and MalcolmPage bowed out as a pair in style, crowning Page’s 15 years ofcompetition in the 470 racing dinghy with his second gold medal. “The last four years have been the most rewarding of mywhole sailing career”, Page said. “This is the eighth regatta in a row that we’ve won. …


Chinese named as new head of World Bank's IFC
The World Bank in Washington, DCChinese investment banker Jin-yong Cai was named Friday as new chief executive of the International Finance Corporation, the World Bank's rapidly expanding private finance arm.


Uncle of Calle 13 hip-hop singer killed in Puerto Rico
SAN JUAN, Puerto Rico – The uncle of popular Puerto Rican hip-hop singer Rene Perez has been shot to death in the U.S. territory.


South Korean leader stirs diplomatic tensions by visiting disputed islands ... - Daily Mail
By Helen Collis Lee Myung-bak, president of South Korea, has visited islands claimed by Japan, fuelling a long-standing tension between the two countries. Both lay claim to the islands – known as Dokdo in South Korea, and as Takeshim in Japan – which …


Gabon bans demos for opposition leader's return
Andre Mba Obame, opposition leader and self-declared president of GabonGabon said Friday it has banned gatherings by supporters of leading opposition figure Andre Mba Obame to mark his return to the country after 14 months abroad for health reasons.


Italian special effects master Carlo Rambaldi, father of ET, dead at 86
MILAN – Special effects master and three-time Oscar winner Carlo Rambaldi died Friday in southern Italy after a long illness, Italian news media reported. He was 86.


Kenya needs more security to protect voters: poll chief
A policeman patrols as voters queue along a street to cast their votes in EldoretMOMBASA, Kenya (Reuters) – Kenya needs to improve security to ensure that voters are not deterred by recent grenade and gun attacks and threats by a coastal separatist movement to disrupt the election due next March, the head of the electoral commission said on Friday. Kenya has been hit by several explosions since it sent troops into Somalia to crush al Shabaab militants in October. …


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