Wednesday, November 28, 2012

seenewstoday.com : Top News updates

Furlong files suit alleging reporter's article part of campaign to discredit him
VANCOUVER – John Furlong’s statement of claim in a defamation case against a weekly newspaper in Vancouver alleges a reporter who accused him of abusing students wrote the article as part of a malicious campaign to discredit him.


British farmer hunts buried Spitfires in Myanmar
LONDON (Reuters) – A British farmer and flying enthusiast who has spent the past 16 years scouring the jungles of Myanmar believes he has finally found what he was searching for – a horde of buried Spitfire fighter planes dating back to World War Two. Rumours of a huge treasure trove of buried aircraft in Myanmar have circulated for years but now geological surveys of one specific site have lent credibility to the idea and David Cundall plans to start digging as soon as possible. …


Euro zone central banks may roll over Greek bonds
BRUSSELS (Reuters) – Euro zone central banks might roll over their Greek debt holdings to cut by 5.6 billion euros the amount governments will have to provide Athens by 2016, according to a document that emerged from this week’s euro zone finance minister’s meeting. Such a move would cut the amount required to just 2 billion euros from 7.6 billion, the document showed, which should increase the likelihood that the Greek deal will be accepted by bailout-weary national euro zone parliaments. …


Travel books as holiday gifts, from memoirs to coffee-table beauties
NEW YORK, N.Y. – From memoirs and maps to beautiful hard-covers suitable for coffee-table display, here are some ideas for holiday gifts from this year’s crop of travel books and publications. (Prices shown are cover list prices.)


Discovered in Antarctica: Ancient life under 60 feet of ice
Researchers set up camp on the icy surface of Lake Vida in Antarctica.Lake Vida is devoid of light and oxygen. That hasn't stopped life from finding a way


SNC-Lavalin shares slide after report of ex-CEO's arrest
(Reuters) – Shares of SNC-Lavalin Group dropped on Wednesday after Canadian broadcaster CBC reported that the former chief executive of the engineering and construction company had been arrested on three fraud-related charges. CBC said Pierre Duhaime, who resigned from the Quebec-based company in March, was arrested by Quebec’s anti-corruption squad. SNC’s shares were down 2.35 percent at C$39.95 on the Toronto Stock Exchange. (Reporting By Nicole Mordant in Vancouver)


Rastafarianism grows in Jamaica after long disdain
In this Nov. 19, 2012 photo, white-robed Rastafarian Priest Forrester motions towards the ocean below where he believes that a big ships will someday arrive to carry the descendants of African slaves back to Africa, at the isolated hilltop Bobo Ashanti commune in Bull Bay, Jamaica. More people are joining Jamaica's homegrown Rastafarian religion some 80 years after it was founded by the descendants of African slaves in response to    black oppression on the Caribbean island. (AP Photo/David McFadden)The robed Rastafarian priest looked out over the turquoise sea off Jamaica's southeast coast and fervently described his belief that deliverance is at hand.


Merkel's election schedule weighs on Greek bailout
FILE - In this Oct. 9, 2012 file picture Greece's Prime Minister Antonis Samaras, right, and Germany's Chancellor Angela Merkel speak after their statements to the media at the Maximos mansion in Athens. German Chancellor Angela Merkel's upcoming re-election battle is shaping Europe's response to bailing out debt-ridden Greece.The strategy: do just enough to keep Greece afloat but spare German voters _ for now _ the    news that their money will be required to get the Greeks back on their feet. The deal reached Tuesday by the 17 nations that use the euro is a patchwork of measures to plug new shortfalls in Greece's budget and trim its debt load over the coming years. But it stopped short of forgiving some of the country's debt held by its eurozone creditors _ known euphemistically as a so-called haircut. (AP Photo/Thanassis Stavrakis, Pool, File)German Chancellor Angela Merkel's upcoming re-election battle is shaping Europe's response to bailing out debt-ridden Greece.


Egypt's political turmoil dimming chances of democratic transition
Remember when there was a so-called “Egypt transition process?” An orderly series of democratic steps to set the country on a better path than the one it left behind? It went like this: A short period of military rule to be followed by parliamentary and presidential elections, a drafting of a new constitution, and a referendum to ratify it.


Russian court jails Red Square bomb plot convict for 15 years
MOSCOW (Reuters) – A Moscow court on Wednesday convicted a man of participating in a failed plot to carry out a suicide bomb attack in Red Square on New Year’s Eve in 2010 and sentenced him to 15 years in prison, the Russian prosecutor general’s office said. The court found that Ilyas Saidov brought two bombs to Moscow from the volatile North Caucasus republic of Dagestan on a bus and delivered them to two women who were to set them off on the square outside the Kremlin, it said. …


Colombia leaves pact recognizing U.N. court rulings
BOGOTA (Reuters) – Colombia has withdrawn from a treaty that binds it to the U.N. International Court of Justice in anger at a ruling that shifts some of its resource-rich waters to Nicaragua, President Juan Manuel Santos said on Wednesday. The Hague-based court ruled last week that a cluster of disputed islands in the western Caribbean belonged to Colombia and not to Nicaragua, but drew a demarcation line in favor of Managua in the nearby waters. …


Getco eyes $1.4 billion deal with Knight Capital
Traders work at the Knight Capital kiosk on the floor of the New York Stock Exchange(Reuters) – Trading firm Getco Holding Co offered to merge with Knight Capital Group Inc to create one of the largest U.S. market makers for stocks and options. Getco's two-step deal values the combined company at $1.4 billion, sources familiar with the offer said. The combined firm would be publicly traded and would be headed by Getco Chief Executive Daniel Coleman; Knight CEO Tom Joyce would become chairman of the board, Getco said in a letter to Knight on Wednesday. A deal is by no means certain. …


BBC drama 'The Hour' back to make the 1950s sexy
In this photo released by Kudos/BBC taken in March 2012, actors Dominic West, Romola Garai and Ben Whishaw pose for a photograph onset of the BBC programme The Hour, Hornsey Town Hall, London. A newsroom drama/political thriller about the staff of a current affairs TV program, The media are under fire, celebrities are under the microscope. Welcome to Britain in 2012 -- or in the 1950s, the setting for the BBC drama "The Hour."


Russian mafia whistleblower, 44, found dead in UK
Granville Road on the St George's Hill private estate, where Russian businessman Alexander Perepilichnyy collapsed on November 10, is seen near Weybridge in SurreyWEYBRIDGE, England/LONDON (Reuters) – ; A Russian businessman helping Swiss prosecutors uncover a powerful fraud syndicate has died in unexplained circumstances near his mansion in Britain, in a chilling twist to a Russian mafia scandal that has strained Moscow's ties with the West. Alexander Perepilichny, 44, sought refuge in Britain three years ago and had been helping a Swiss investigation into a Russian money-laundering scheme by providing evidence against corrupt officials, his colleagues and media reports said. …


Polish ruling on kosher meat angers Jews
WARSAW (Reuters) – Jewish groups said on Wednesday a Polish court ruling on methods used to slaughter livestock could halt the production of kosher meat, threatening their religious freedom in a country where Nazi Germany massacred millions of Jews in World War Two. Poland’s Constitutional court this week reinforced a law that states livestock has to be stunned before slaughter, ruling out the practice stipulated by the Jewish faith of slaughtering the animal by slitting its throat while it is still conscious. …


South Africa's Zuma set for ANC re-election, Ramaphosa may come back
JOHANNESBURG (Reuters) – South African President Jacob Zuma looks set for re-election as head of the ruling ANC in December but the battle for the post of his deputy could thrust millionaire businessman and former unionist Cyril Ramaphosa back into political prominence. Despite sluggish growth in Africa’s biggest economy, bloody labor strife that dented South Africa’s image this year and a slew of scandals during Zuma’s three years in power, five of the country’s nine provinces are backing the president to stay on as leader of the African National Congress. …


Barclays says 5 staff fired over Libor rigging
Barclays bank headquarters in Canary WharfLONDON (Reuters) – Barclays has fired five employees following its internal investigation of the rigging of Libor interest rates and disciplined another eight people, the head of its investment bank said on Wednesday. Rich Ricci, chief executive of Barclays' corporate and investment banking, said "a l ot" of the individuals identified in its internal probe had left the bank so it could not take action against them. He said authorities had been told the details of those people. Barclays was fined $450 million (281 million pounds) in June by U.S. …


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