Friday, August 17, 2012

seenewstoday.com : Top News updates

Trial for ex-Penn State officials Curley, Schultz accused in Sandusky scandal set for January
HARRISBURG, Pa. – The trial is scheduled begin early next year for two former Penn State officials accused of lying to a grand jury and burying an allegation of a child’s sexual abuse in the Jerry Sandusky scandal.


Canada inflation rises on higher auto and food costs
Consumer prices in Canada climbed 1.3 percent in July, lifted by rising prices for automobiles, restaurant meals, meat and electricity, the official statistics agency said Friday.


Nigerian police arrest governor's aide over church massacre
Nigerian police said Friday they had arrested a governor’s aide over a church massacre and an attack on a military patrol that killed 23 people, but his involvement was not clear.


DR Congo, Madagascar top southern Africa summit agenda
DR Congo and Madagascar will be high on the agenda for the annual SADC summitFighting in the Democratic Republic of Congo and a political standoff in Madagascar topped the agenda of an annual summit of southern African leaders which opened Friday.


Morocco activists plan 'king loyalty' protest
King Mohammed VI (2nd R) pictured on August 7Moroccan activists are calling for an ironically named "Celebration of loyalty to freedom and dignity" next week to protest an annual ceremony at which officials bow down before the king.


S.African deadly mine violence likely to spook investors
Women sing, dance and protest at the scene where 34 people died after police opened fire on striking mineworkersThe fatal police shooting of 34 striking miners sends a negative message to investors in Africa's biggest economy, as it tries to fight widespread joblessness and poverty, analysts said Friday.


Tunisian alarm at assault on 'un-Islamic' culture
Concern is rising over Salafist attacks on cultural events in TunisiaTunisian Salafists are stoking fears of a rising Islamist tide after the hardliners disrupted a string of cultural events they deemed un-Islamic, culminating in an attack that left five people wounded.


AP PHOTOS: Colorful global support for Pussy Riot
Demonstrators shout slogans in support of the Russian punk group Pussy Riot during a protest in front of the Sagrada Familia church designed by architect Antoni Gaudi in Barcelona, Spain, Friday, Aug. 17, 2012. Three members of Pussy Riot were jailed in March and charged with hooliganism motivated by religious hatred after their punk performance against President Putin in Moscow's main cathedral. (AP Photo/Manu Fernandez)The numbers were small, but the presence undeniable as colorfully masked supporters turned out from Washington to Kiev Friday to support members of the feminist punk band Pussy Riot. The three women were found guilty of hooliganism for a protest in Moscow's main cathedral that denounced Russian President Vladimir Putin. They were each sentenced to two years in prison.


UN: Algeria's Brahimi will replace Annan in Syria
Lakhdar Brahimi, a former Algerian foreign minister and longtime U.N. diplomat known as a strong-willed, independent broker, has agreed to replace former U.N. Secretary-General Kofi Annan as peace envoy to Syria, the United Nations announced Friday.


Qatar buys fifth of UK airport operator BAA
A Qatari government investment fund says it has reached a deal to buy 20 percent of the company that operates London’s Heathrow, Stansted and other British airports.


London shares hold firm
The benchmark FTSE 100 index of top companies closed 0.31 percent higher at 5,852.42 pointsLondon shares rose at the end of trade on Friday as eurozone stimulus hopes and positive US economic data boosted investor confidence.


Facebook shares drop four percent, hit another low
The Facebook logo is shown at Facebook headquarters in Palo AltoSAN FRANCISCO (Reuters) – Facebook Inc shares sank as much 4.3 percent on Friday to set a new low, a day after early investors got the green light to sell for the first time. More than 270 million shares owned by the early investors became available for trade on Thursday after a 3-month curb on sales ended. That's more than one-half the 421 million shares sold in its initial public offering on May 18. Facebook hit a low of $19.01 Friday morning and were down almost exactly 50 percent from the $38 offering price at its May IPO. At midday, the stock had eased to $19.15, off 3.5 percent. …


Polish prosecutors charge head of collapsed gold fund
WARSAW (Reuters) – Polish prosecutors brought criminal charges on Friday against the 28-year-old head of a collapsed investment firm, Amber Gold, accusing him of running a pyramid scheme that defrauded thousands of Poles by promising guaranteed profits from gold. The prosecutor’s office in the Baltic coast city of Gdansk, where the firm was based, filed six charges related to its activities against Chief Executive Marcin Plichta, spokesman Wojciech Szelgowski said. He said Plichta faced five years in prison and a 5 million zloty ($1. …


Whatmore upbeat before World Twenty20
Dav WhatmorePakistan coach Dav Whatmore was upbeat Friday about his side's chances at the World Twenty20, welcoming the opportunity for his players to prepare in the Sri Lankan league.


US considers release of oil from reserves; oil up
A senior Obama administration official says the White House is considering a potential release of oil from the Strategic Petroleum Reserve.


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