NEW YORK New York Gov. Andrew Cuomo said limited subway service will resume on Thursday in New York City in the wake of superstorm Sandy. There will be no subway service south of 48th Street Thursday, MTA Chairman Joseph Lhota announced, … Romney calls for unity, aid for storm victims as campaign resumes - Washington Post
Greece outlines new austerity as debt load rises
Greece's government on Wednesday outlined the new austerity measures it intends to take over the next two years, a series of painful spending cuts and tax hikes that its international bailout creditors are demanding in exchange for rescue loans. Sudan dreams big with new airports despite crashes
KHARTOUM (Reuters) – After a Sudanese plane crashed at Khartoum's international airport last year, authorities didn't slow plans to build new airports and add more routes. They used the incident to shoot a video showing how safe flying in Sudan is, thanks to its skillful pilots. "Tower, the wheels are jammed. What shall I do?" the pilot says in the film, replaying for the cameras how he circled for an hour above Khartoum to empty his fuel talks while workers flooded the runway with foam. … Lonmin job cuts could bring more unrest in South African mines
JOHANNESBURG (Reuters) – Lonmin management and workers appeared on Wednesday to be shaping up for a new battle after the strike-hit mining company said jobs would be cut. The world' ;s third largest platinum producer, Lonmin is scrambling to get back on its feet after a violent six-week strike at its Marikana mine that crippled production and led it to ask shareholders for $800 million in a rights issue on Tuesday. It also gave unions notice of a restructuring, with proposed job losses in its 25,000-strong work force expected to be implemented in early 2013. … Is Venice being loved to death?
It goes unnoticed by the vast majority of tourists exploring the famous Rialto Bridge, but bears silent witness to the slow demographic death of one of the world's most extraordinary cities. An electronic counter in the front window of the Farmacia Morelli, a historic pharmacy in the very heart of Venice, records the drastic decline in population that the city is undergoing.
Tight market, regulation to benefit UK gas power plants - Liberum
LONDON (Reuters) – British utilities will seek to raise money for big investments in gas-powered plants over the next decade to cope with a tightening power market and new regulation, UK investment bank Liberum Capital said on Wednesday. As Britain’s electricity infrastructure ages, an estimated 30 to 50 percent of nuclear and fossil-fired stations will retire by 2020, which will require billions of pounds of investment in new capacity to avoid a supply squeeze. “In the next 10 years we need to invest 150 billion pounds ($241. …
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