Thursday, November 15, 2012

seenewstoday.com : Top News updates

Stampeders quarterback Tate out of West final with fractured forearm
CALGARY – Calgary Stampeders quarterback Drew Tate is out for the rest of the season with a fractured forearm.


P&G set to cut more jobs, repurchase additional shares
Tide detergent, a Procter & Gamble product, is displayed on a shelf in a store in AlexandriaCINCINNATI (Reuters) – Procter & Gamble plans to trim more non-manufacturing jobs through 2016, on top of cutting 10 percent of that workforce by the end of June, as the world's larg est household-products maker tries to reinvigorate what has become a sluggish organization. P&G also said it may increase stock repurchases to $6 billion from $4 billion, but said such additional buybacks should not have a big impact on earnings per share. The company maintained the forecasts for sales and earnings for the current quarter and the fiscal year it had given in late October. …


On eve of nationwide 'Lincoln' release, Va. tourism officials promoting movie trail, website
RICHMOND, Va. – State tourism officials are inviting fans of film and history to walk in the footsteps of Steven Spielberg and his “Lincoln” stars at the Virginia Capitol, the Confederate White House and the Dixie Restaurant in Petersburg, where the menu includes the “Spielburger.”


Jordan police vow to strike those who stir unrest
Jordanian policemen prepare to disperse protesters blocking a main road during a demonstration against a rise in fuel prices in downtown Amman, Jordan, Wednesday, Nov. 14, 2012. Hundreds of Jordanians chanted slogans against the king and threw stones at riot police as they protested in several cities for a second day Wednesday amid rising anger over fuel price hikes.(AP Photo/Raad Adayleh)Jordanian authorities will strike those who incite violence during protests with an "iron fist," the country's police chief said Thursday as the Islamist-led opposition vowed to continue demonstrations that have rattled the U.S.-allied kingdom.


France urges Mali to step up talks with rebels
French President Francois Hollande, left , meets with Niger's President Mahamadou Issoufou prior to a meeting in Elysee Palace, Paris, Thursday, Nov. 15, 2012. (AP Photo/Jacques Brinon)France's president called Thu rsday for stepped-up talks between Mali's government and any leaders from its breakaway north "who reject terrorism," even as African nations geared up for a possible military operation against Islamic extremists there.


Ottawa must hinge Muskrat Falls loan backing on regulatory review, watchdogs say
ST. JOHN’S, N.L. – Public spending watchdogs say Ottawa should not back a loan guarantee for the Muskrat Falls hydro project in Labrador unless it passes an independent regulatory review.


Spain halts evictions for the needy after suicides
File - In this Nov. 18, 2011file photo, Azucena Paredes' grandmother Tomasa Morcillo, 87, picks up her personal belongings as she and her family are evicted from their home in Madrid. The Spanish government Thursday Nov. 15, 2012 passed a decree curbing evictions of lower income homeowners unable to pay their mortgage, a bid to ease a trend that has seen hundreds of thousands of people lose their homes because of the brutal econom   ic crisis. The urgent measure stops evictions for two years of people whose unemployed benefits have expired or who have incomes of less than EUR1,200 ($1,527) a month after tax and whose mortgage represents at least 50 percent total household income. Public attention on the issue intensified greatly in recent weeks after two homeowners facing eviction committed suicide. Spaniards are also angry because while people lose their homes, the government is negotiation billion-dollar bailouts for the same banks who are repossessing the houses. Over the past four years, social groups have begun organizing street protests to try to avoid prevent court officials and police carrying out eviction orders. (AP Photo/Arturo Rodriguez, File)Spain approved a two-year suspension of evicti ons Thursday for some needy homeowners unable to pay their mortgages, but activists said the government failed to address the larger issue of how those who give up their homes may still remain indebted, sometimes for the rest of their lives.


Movie based on deadly school van crash to air Sunday despite families' protest
BATHURST, N.B. – A New Brunswick mayor whose city was devastated by a van crash that killed seven high school basketball players says he hopes a movie based on the tragedy will help his community heal, despite outcry from some mothers who lost their sons in the accident.


Russia's Putin to stand up to Merkel on human rights
* Merkel to visit Moscow on Friday, meet Putin * German lawmakers want her to press Putin on human rights * Relations chilly although economic cooperation strong MOSCOW (Reuters) – The Kremlin denounced a rise in anti-Russian rhetoric in Germany on Thursday before a visit by Chancellor Angela Merkel and made clear that Vladimir Putin would stand his ground if she lectures him on human rights. Merkel is expected to carry out a request by Germany’s parliament to press Putin on Friday over what critics call a crackdown on dissent since his May return to the presidency. …


Key test for Egypt's Morsi as Gaza conflict intensifies
Israel’s new air assault on the Gaza Strip, which has so far killed 15 people in the tiny enclave and raised the prospect of a longer conflict, has also presented Egypt’s Islamist president with the first real test of how he will manage his country’s ties with Israel.


SFO faces $4.8 million Tchenguiz legal bill
Property magnate Vincent Tchenguiz poses for a photograph as he arrives at the High Court in LondonLONDON (Reuters) – Robert and Vincent Tchenguiz, two of Britain's best-known property entrepreneurs, have won the lion's share of their multi-million pound costs in a legal battle aga inst the Serious Fraud Office (SFO) over a bungled probe. The decision, which was handed down on Thursday, could see the SFO pick up a tab of up to 3.0 million pounds – 10 percent of its annual budget – in Tchenguiz's legal costs. Both brothers are also expected to sue the agency for its handling of the case. …


Where did 180 Russian websites go?
More than 180 websites have been blacklisted and blocked under a restrictive new Internet law signed by President Vladimir Putin last July, which critics warn may be the start of a wider crackdown on free speech in Russian cyberspace.


Israel moves troops toward Gaza
A woman photographs Israeli soldiers on top an armored personal carrier close to the Israel Gaza Border, southern Israel,Thursday, Nov. 15, 2012. Israel's prime minister says the army is prepared for a Israel has begun moving troops toward the Gaza Strip and authorized the call-up of reservists for a possible ground invasion of the Palestinian territory.


Air Canada seeks C$150 million special pensions cap, letter shows
OTTAWA (Reuters) – Air Canada wants to cap special payments toward its pension fund deficit at C$150 million ($150 million) a year for the next decade, a letter from Chief Executive Calin Rovinescu to Finance Minister Jim Flaherty shows. The April 26 letter, received by Reuters on Thursday under access-to-information legislation, formally requested a cap of that amount from 2014 through 2023, as long as the pension fund remained in deficit. …


France's German-speaking PM tries to reassure Berlin
French Prime Minister Ayrault and German Chancellor Merkel address a joint news conference at the Chancellery in BerlinBERLIN (Reuters) – France's German-speaking prime minister offered a worried Berlin reassurances on Thursday that his government would reduce the deficit and prevent France from becoming the next victim of the euro crisis by applying a new economic model. Jean-Marc Ayrault, making his first visit to Berlin since Francois Hollande became president, told Chancellor Angela Merkel that France would find its own way to reduce spending and boost economic growth and jobs, rather than copying Germany. …


Vietnam's 'tiger' economy losing its roar
The Ben Hai river running through this small mountain village in central Vietnam marks the 17th parallel, what was the dividing line between North and South Vietnam prior to the exit of US troops and the communist victory in 1975.


Bill Daly says he's 'more discouraged now' as NHL labour talks stall
TORONTO – Pessimism is growing around the NHL’s stalled collective bargaining talks.


Steamship on the Prairies: wreck from 1908 found in South Saskatchewan River
SASKATOON – Archeologists say they have found what they believe is the wreck of a steamship that sank in the South Saskatchewan River more than a century ago.


Canada wealth managers struggle to entice Gen Y advisers
TORONTO (Reuters) – Tammy Oribine was a financial planner for just a couple of months when she realized it was not the job for her. She did not like sales, did not feel confident enough about the products and hated the face-to-face contact that is a staple of the business. “A lot of it has to do with personality — I don’t find I’m the most personable person, and I’m bad at small talk,” Oribine, 29, said with a laugh. But there were other reasons the job did not appeal. The salary was based in part on sales, and thus unstable. She was afraid clients would not trust her because she was young. …


Housing not yet out of the woods: Bernanke
U.S. Federal Reserve Chairman Ben Bernanke leans forward to speak with someone before addressing the Economic Club of Indiana in IndianapolisATLANTA (Reuters) – The improving housing market is "far from being out of the woods," Federal Reserve Chairman Ben Bernanke said on Thursday, arguing that overly tight lending standards are part of the problem. The Fed, which has focused on mortgage bonds in its latest round of asset purchases, will continue to do what it can to support the housing market, Bernanke said in a speech that avoided policy specifics. A bubble in the U.S. housing market was at the core of the 2007-2009 financial crisis and brutal recession that continues to hamper the world economy. …


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