AP Interview: Hamas No. 2 rejects Gaza arms halt
The No. 2 in Hamas has told The Associated Press that the Islamic militant group won't stop making weapons in Gaza or smuggling them to the territory.
Sarkozy denies receiving money from L'Oreal heiress
PARIS (Reuters) – Former president Nicolas Sarkozy denied receiving "a penny" in campaign funds from France's richest woman Liliane Bettencourt, according to excerpts of his testimony to judges published on Saturday by the French daily Sud-Ouest. Sarkozy, who l ost power in May, was questioned for 12 hours on Thursday by a judge who is trying to establish whether his election win in 2007 was aided by illegal funding by the L'Oreal heiress. He denies any wrongdoing and his spokeswoman was not immediately available to comment on Saturday about the report. …
Canada's third quarter GDP growth may fall sharply
TORONTO (Reuters) – Canada’s economy likely expanded at a disappointing annualized rate of 0.9 percent in the third quarter, hurt by weaker demand for the country’s exports and the drag of a rapidly cooling housing market. The median forecast in a Reuters survey of 25 analysts was less than the Bank of Canada’s already modest 1 percent forecast and well below what is needed to absorb the economy’s unused slack. Such a pace is likely to keep the central bank from raising interest rates anytime soon. Just last month, a Reuters poll showed analysts were expecting third quarter growth of 1. …
Greece: 3 people arrested for museum robbery
Police say they have arrested three people in connection with an armed robbery that targeted the Archaeological Museum of Olympia, the birthplace of the ancient Olympics.
Canada dollar to weaken back under parity: Bank of Canada survey
OTTAWA (Reuters) – Companies and institutional investors who hedge their Canadian dollar exposure through major banks expect the curre ncy to fall back under parity with the U.S. dollar in 2013, a Bank of Canada survey showed on Friday. The central bank conducted the survey of banks that are active in Canadian foreign exchange hedging from June to August, a period when the Canadian dollar was largely weaker than the U.S. dollar. It found the banks' average estimate of their clients' budgeted Canadian dollar rate for 2013 is C$1.0119 to the U.S. dollar, or 98.82 U.S. cents. …
Ex-boxer Hector 'Macho' Camacho, known for flashy ring career and messy personal life, dies
SAN JUAN, Puerto Rico – Hector “Macho” Camacho, a Puerto Rican boxer known for skill and flamboyance in the ring as well as for a messy personal life and run-ins with the police, was declared dead on Saturday, four days after being shot in the face. He was 50.
Saturday, November 24, 2012
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