BRUSSELS (Reuters) – European lawmakers challenged Malta’s nominee for the EU’s top health job on Tuesday because of his contempt for homosexuals and opposition to abortion, after his predecessor quit over an investigation linking him to bribery. European Greens, Liberals and Socialists, who make up half the parliament, spoke out against Tonio Borg, Malta’s foreign minister and a devout Catholic who has lobbied against abortion in his home country. …
Canada sees no link between Viterra, Nexen Chinese approvals
WINNIPEG, Manitoba (Reuters) – The Chinese government is treating its role in potential takeovers of two Canadian companies separately, and is not linking them in order to pressure Ottawa to approve a deal between China’s CNOOC Ltd and Canadian oil producer Nexen Inc, Canada’s agriculture minister said on Tuesday. Approval from China’s Ministry of Commerce (MOFCOM) under Chinese anti-monopoly law is the final regulatory hurdle for Glencore International PLC’s C$6.1 billion ($6.1 billion) takeover of Canadian grain handler Viterra Inc . …
More money needed to deal with crumbling infrastructure, cities tell feds
VANCOUVER – Canadian cities are asking Ottawa to increase infrastructure funding by $2.5 billion a year in order to keep Canada competitive.
Middle class now rivals poor in Latin America: World Bank
WASHINGTON (Reuters) – Rapid economic growth and more inclusive social policies in Latin America in the last decade have lifted 50 million people into the middle class, which for the first time rivals the poor in number, the World Bank said in a study on Tuesday. “Most countries in the region are on their way to becoming middle-class societies; this represents a historic change,” World Bank President Jim Yong Kim told reporters. Rising income levels have also created a ‘vulnerable’ class, which at 38 percent makes up the largest income group. …
Bombardier strengthens pact with China's COMAC
TORONTO (Reuters) – Canada’s Bombardier Inc and Commercial Aircraft Corp of China Ltd COMAC) have strengthened an existing cooperation agreement to include possible joint sales and marketing on their new C-Series and C919 planes, the companies said on Tuesday. Announcing the second phase of a contract that could also include collaboration on future product lines, the companies said they hoped for cost benefits for both planes. …
Canada has contingency for fiscal cliff, Europe crisis: Flaherty
TORONTO (Reuters) – Canada has a contingency plan should the United States not reach an agreement with respect to a series of tax hikes and spending cuts set to kick in next year or if the euro zone’s debt crisis worsens, the country’s finance minister said on Tuesday. “I can assure you, we have contingency plans. This is not a new subject for us. We have been concerned about this subject for many months. And we prepare. …
Obama has faith in Allen's command in Afghanistan: White House
WASHINGTON (Reuters) – President Barack Obama has faith in General John Allen to continue commanding U.S. forces in Afghanistan while under investigation for alleged inappropriate communication with a woman at the center of the scandal involving former CIA Director David Petraeus, the White House said on Tuesday. "He has faith in General Allen," White House spokesman Jay Carney told reporters, saying the president believed Allen was doing a good job in Afghanistan. Carney reiterated Obama's call for the Senate to move quickly to confirm Allen's successor, General Joseph Dunford. … Back on Latin America's menu: purple seaweed, blue eggs, and amaranth
Globalization has generated many foes, among them the foodie set of Latin America, lamenting local markets saturated with American fats, hidden in everything from Fritos to fast-food chains.
US generals Petraeus, Allen supported Kelley's twin sister in court fight
WASHINGTON – In the latest twist of the David Petraeus sex scandal, court records indicate that the former CIA director and U.S. Gen. John Allen intervened last September in a messy custody dispute on behalf of Jill Kelley’s sister.
Tuesday's Scoreboard
Tuesday’s Games
Kampmann-Hendricks UFC 154 co-main event may set up welterweight title shot
The welterweight spotlight shines on champion Georges St-Pierre and interim title-holder Carlos (Natural Born Killer) Condit on Saturday at UFC 154.
UN once again votes to condemn US embargo against Cuba
The U.N. General Assembly has once again voted overwhelmingly to condemn the U.S. embargo against Cuba for the 21st year in a row.
Meet the new Michelin man, American Michael Ellis takes over the famous food guides
the French restaurant reviewing institution is getting an American accent.
RBS says ring-fence plan creates moral hazard risk
LONDON (Reuters) – Britain's plan to force banks to shield their retail banking operations from riskier activities could create a "moral hazard" from the expectation that lenders will be bailed out if they hit trouble, a top banker said. "The language of ring fencing has huge risk of moral hazard," said Stephen Hester, chief executive of Royal Bank of Scotland. "You are giving a charter in everyone's minds for the next time there is a problem inside the ring fence, it (the bank) gets bailed out by one mechanism or another. … Fraud squad to lose chief operating officer
LONDON (Reuters) – The chief operating officer of the Serious Fraud Office (SFO) will quit this year as the agency's new head, David Green, embarks on a rec ruitment drive and overhaul to instil fresh faith in the beleaguered organisation. The SFO said on Tuesday that Christian Bailes would leave this financial year after agreeing a confidential exit package with the agency's former head, Richard Alderman. The latest senior SFO official to quit is expected to be replaced by a new chief financial officer, a spokesman said. … 
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