Monday, November 26, 2012

seenewstoday.com : Top News updates

MF Global customers to seek subpoenas for Corzine, others
NEW YORK (Reuters) – A group of former MF Global customers on Monday asked a court for permission to subpoena the commodities broker’s executives, including former CEO Jon Corzine, who was blamed in a congressional report this month for MF Global’s collapse. The Commodity Customer Coalition, an advocate for trader customers who lost money when MF Global went under, is seeking to subpoena Corzine, Chief Financial Officer Henri Steenkamp, Chief Operating Officer Bradley Abelow and others, according to court papers filed in the U.S. Bankruptcy Court in Manhattan. …


Nobel winner Dr. Joseph Murray, who performed 1st successful kidney transplant, dies in Boston
BOSTON – A doctor who performed the world’s first successful kidney transplant and won a Nobel Prize for his pioneering work has died in Boston. Dr. Joseph E. Murray was 93.


Eurozone, IMF reach deal to reduce Greek debt
Spain's Economy Minister Luis de Guindos, left, speaks with the media as he arrives for a meeting of eurogroup finance ministers at the EU Council building in Brussels on Monday, Nov. 26, 2012. Eurozone finance ministers are set to meet in Brussels on Monday to discuss the next installment of bailout money for debt-laden Greece. (AP Photo/Virginia MayoThe 17 European Union nations that use the euro have struck an agreement with the International Monetary Fund on a program to reduce Greek debt and put Athens on the way to get the next installment of its much-needed bailout loans.


ResCap creditors target cash from Ally asset sales: WSJ
Ally Financial sign is seen on a building in Charlotte, North Carolina(Reuters) – A group of creditors of Ally Financial Inc's mortgage subsidiary is laying claim to cash from Ally asset sales that was intended to help repay the U.S. government, which funded a $17.2 billion bailout of the finan cing firm, the Wall Street Journal reported. The creditors of mortgage firm Residential Capital LLC (ResCap) are eyeing more than $9 billion that Ally plans to collect from sales of its international operations, the business daily said. Ally, which is 74 percent owned by the U.S. …


Tibetan students in west China clash with police
A U.S. broadcaster says 20 Tibetan students have been hospitalized after they clashed with police during a demonstration sparked by anger over a government booklet that called the Tibetan language irrelevant and criticized recent self-immolations.


Make early childhood education a priority when books balanced, TD report urges
TORONTO – A new report suggests governments need to be spending more money on early childhood education.


Tories to retire all but two Challenger VIP jets as budget-cutting measure
OTTAWA – More federal politicians and senior military officials could find themselves flying commercial in the years ahead as the Harper government plans to retire and not replace most of its VIP Challenger jets.


Satellite photo shows increased activity at North Korean launch site
WASHINGTON (Reuters) – A new satellite image shows a marked increase in activity at a North Korean missile launch site, pointing to a possible long-range ballistic missile test by Pyongyang in the next three weeks, according to satellite operator DigitalGlobe Inc. The imagery was released days after a Japanese newspaper, the Asahi Shimbun, reported that U.S. intelligence analysts had detected moves that were seen as preparation by North Korea for a long-range missile launch as early as this month. DigitalGlobe, which provides commercial satellite imagery to the U.S. …


Could Catalonia's vote boost Basque independence?
The results of Sunday’s local elections in Catalonia will likely have most immediate impact in the independence-minded region and in the halls of Madrid’s central government. But their effects within other Spanish communities that harbor hopes for independence may prove just as profound.


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