LONDON (Reuters) – Britain's economy will barely grow in the current quarter and will expand only slightly more than 1 percent next year, half the expected rate of inflation, a Reuters poll showed on Thursday. Rapidl y-rising consumer prices, which are crimping spending power for Britons because they are going up faster than wages, also mean that the Bank of England has probably shelved its money-printing campaign at 375 billion pounds. … Jordan's opposition vows to hold more protests
Jordan's Islamist-led opposition looked to harness growing popular anger with the government, vowing Thursday to keep up a wave of demonstrations this week that have rattled the U.S.-allied kingdom. McAlpine nears deal with BBC for false abuse claim
LONDON (Reuters) – A former treasurer of Britain’s Conservative Party, wrongly accused of child sex abuse, edged closer to a settlement with the BBC on Thursday and his lawyer said those who had sullied his client’s reputation should get in touch and reach deals. The threat may ensnare hundreds of Twitter users and bloggers who wrongly named Lord Alistair McAlpine, an ally of former Prime Minister Margaret Thatcher, as the unidentified Conservative accused in a BBC report of abusing boys in social care. …
Powers to map Iran strategy, Tehran wants to meet soon
BRUSSELS (Reuters) – Major powers will discuss negotiating strategy towards Iran next Wednesday amid signs of a renewed push to resolve the nuclear dispute peacefully after U.S. President Barack Obama’s re-election last week. Obama and Iran’s chief nuclear negotiator this week have separately made clear their desire to resume diplomacy that has been deadlocked since a meeting between six world powers and Iran ended without a breakthrough in June. Obama’s November 6 election victory raised hopes of a revival of negotiations after speculation that Israel might strike Iranian nuclear facilities. …
Britain accuses Spain of new naval incursions in Gibraltar
LONDON (Reuters) – Britain condemned what it called “provocative incursions” into waters around the British territory of Gibraltar by Spanish navy and customs ships, and summoned Spain’s ambassador on Thursday to express its concern over the issue. The spat is part of a long-running dispute over Gibraltar, a peninsula in southern Spain ceded to the British in 1713. Britain’s Minister for Europe David Lidington noted two “serious incursions” into Gibraltar’s waters on Tuesday. …
British govt files charges against nuclear waste plant owners
LONDON (Reuters) – British regulators filed charges against the owners of the Sellafield nuclear waste site on Thursday on allegations of illegal dumping of radioactive waste, adding to the plant's history of controversy and complaints. The nine charges relate to the dumping of low-level waste in a landfill in 2010, the latest in a string of issues involving Sellafield, which for the last 60 years has handled Britain's spent nuclear fuel. "The regulators' joint action follows an extensive investigation," Britain's Environment Agency and the Office for Nuclear Safety said in a statement. … House panel blames Corzine for MF Global failure; says rating agencies, regulators contributed
WASHINGTON – A House panel says credit rating agencies and federal regulators contributed to MF Global’s collapse last year. But it pinned most of the blame on ex-CEO Jon Corzine.
Toronto's free attractions include cool places to wander, from Yonge Street to Harbourfront
TORONTO – If you’re visiting Toronto, you can’t help but notice construction cranes, new condos and other signs of gentrification, like restaurants and bars popping up in new hipster ‘hoods. But despite the upscale crawl, many of the city’s best attractions are tried and true mainstays that can be experienced for free.
BP pleads guilty to oil spill felony; to pay extra $4.5 billion
LONDON (Reuters) – British oil company BP Plc pleaded guilty on Thursda y to criminal charges relating to its 2010 oil spill and agreed to pay an extra $4.5 billion on top of the tens of billions it is already paying out. BP said it would plead guilty to 11 felony counts of misconduct or neglect relating to the death of 11 workers, one misdemeanor count under the Clean Water Act, one misdemeanor count under the Migratory Bird Treaty Act, and one felony count of obstruction of Congress. (Reporting by Andrew Callus; editing by Ben Hirschler) Shock drop in Oct retail sales hits recovery hopes
LONDON (Reuters) – Retail sales fell in October as shoppers bought less food and clothing, puncturing a consumer spending revival that policymakers hoped would kick-start the economy heading into 2013. Sales vo lumes fell 0.8 percent on the month for an annual rise of just 0.6 percent, the Office for National Statistics said on Thursday. Both numbers were the weakest since April and much worse than forecast, and sent sterling lower against the dollar and the euro. Food shops reported the biggest monthly decline in sales since November 2011. … Russia's Putin to stand up to Merkel on human rights
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 gr ound 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 say is a crackdown on dissent since he returned to the presidency in May. … 'Star Wars' action figures, dominoes are 2012 inductees for US National Toy Hall of Fame
ROCHESTER, N.Y. – “Star Wars” action figures are joining centuries-old dominoes in the U.S. National Toy Hall of Fame’s class of 2012, announced Thursday.
Israel's 'Pillar of Defense' operation at a glance
In the second day of Israel's operation "Pillar of Defense," here's a look at causalities, and the number of hits by both sides: Multibillion-dollar health fund fires watchdog
A $23-billion health fund trying to restore its image announced Thursday that it fired its top internal watchdog, whose office had uncovered millions in financial losses that led some donors to withhold funding.
Gaza rockets kill 3 Israelis, hit near Tel Aviv
Palestinian militants barraged Israel with nearly 150 rockets on Thursday, killing three people and striking the southern outskirts of Tel Aviv as Israel pressed a punishing campaign of airstrikes on militant targets across the Gaza Strip. Rugby-Italy make eight changes to face New Zealand
Nov 15 (Reuters) – Francesco Minto will make his debut for Italy against New Zealand on Saturday as one of eight changes to the team for a match coach Jacques Brunel compares to climbing Everest. “New Zealand are the Everest of rugby,” Brunel told a news conference on Thursday. “We are climbers who have to scale the most difficult mountain without fear, ready to brave the cold and the bad weather. Otherwise, we might as well stay calmly on Mont Blanc. …
American Airlines, US Airways make their cases to creditors in airline bankruptcy case
DALLAS – The CEO of American Airlines parent AMR Corp. says that if his airline merges with US Airways, AMR creditors should get most of the new airline’s stock, according to people familiar with the situation.
Smokies resort credits new technology with early opening of snow tubing season
GATLINBURG, Tenn. – Add Smoky Mountain snow tubing to the list of things improved by new technology.
Georgia arrests nine more Saakashvili-era officials
TBILISI (Reuters) – Georgian police detained a further nine former state officials on Thursday, widening an investigation which the opposition says is a politically motivated persecution by the new government. The nine, all interior ministry officials under former President Mikheil Saakashvili, were charged with abuse of power. Similar allegations were brought against the former interior minister and two military commanders arrested last week. …
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