Tuesday, November 27, 2012

seenewstoday.com : Top News updates

John Furlong files lawsuit against newspaper for abuse allegations
VANCOUVER – A lawyer for John Furlong says the former Vancouver Olympics CEO has filed a lawsuit against a weekly newspaper that published allegations that he physically and verbally abused First Nations students as a volunteer teacher in northern B.C.


Harper Tories' law-and-order agenda challenged in court by Quebec bar
OTTAWA – The Quebec Bar Association has launched a legal challenge against parts of the federal Conservatives’ law-and-order agenda.


U.S. declines to name China currency manipulator
A clerk counts U.S. dollar banknotes after counting Chinese 100 Yuan banknotes at a branch of the Agricultural Bank of China in QionghaiWASHINGTON (Reuters) – The Obama administration said on Tuesday that China's currency remained "significant ly undervalued," but stopped short of labeling the world's second-biggest economy a currency manipulator. Although Beijing controls the pace at which the yuan can rise, the U.S. Treasury said in a congressionally mandated semi-annual report that China did not meet the legal requirements to be deemed a currency manipulator. The label is largely symbolic, but would require Washington to open discussions with Beijing on adjusting the yuan's value. It has been 18 years since the U.S. …


Boris Johnson mocks French government over Mittal
London Mayor Johnson speaks at the higher education reception in New DelhiLONDON (Reuters) – The Mayor of London Boris Johnson on Tuesday described France's Socialist government as left-wing revolutionaries that were driving investors away in a dispute with steelmaker ArcelorMittal. The Conservative mayor mocked the French government as 'sans-culottes,' a radical left-wing class during the French Revolution of 1789, while adding that British capital would welcome business fleeing from France. …


Hobbit faithful occupy New Zealand city ahead of premiere
Handout photo shows visitors posing next to a sculpture of the J. R. R. Tolkien character Gollum at the Weta Cave museum in WellingtonWELLINGTON (Reuters) – New Zealand's capital city was taken over by pointy-eared, costumed Hobbit fans on Wednesday, many of whom camped overnight to grab the best spots for the red carpet world premiere of the film later in the day. Wellington, where director Peter Jackson and much of the post production is based, has renamed itself "the Middle of Middle Earth", and fans with prominent Hobbit ears, medieval style costumes, grey beards, wigs, and wizard hats claimed spaces along the 500 meter (550 yards) red carpet. …


Libyan rescue of French refinery not ruled out: unions
PARIS (Reuters) – Libya is still in the race to save France’s Petit-Couronne refinery from liquidation, trade unions said late on Tuesday, as the embattled workers press the French government to help bidders or requisition the plant. France’s Industry Minister said earlier this month he had received a non-binding letter of interest from Libya’s sovereign wealth fund to buy the refinery of insolvent Swiss refiner Petroplus. …


Protesters fill Tahrir as Egypt's President Morsi stands firm
Tens of thousands of Egyptians packed into Cairo’s Tahrir Square today to protest a move by President Mohamed Morsi to remove most checks on his power.


Canada still examining options on foreign energy bids
A logo of China National Offshore Oil Corp (CNOOC) is seen at the top of its headquarters in BeijingOTTAWA (Reuters) – With deadlines fast approaching, Canada is still weighing two proposed foreign takeovers of domestic energy companies, but a top minister o ffered no clues on Tuesday as to when or how the government would announce the hotly debated decisions. The government says it will unveil new policy guidelines on foreign investment at about the same time it announces verdicts on the proposed takeovers: A bid by China's CNOOC Ltd for Nexen Inc and a bid by Malaysia's Petronas for Progress Energy Resources Corp. …


Deutsche Bank faces Libor questions from German lawmakers
A visitor walks past the bank's logo prior to Deutsche Bank's annual news conference in FrankfurtFRANKFURT (Reuters) – Deutsche Bank's compliance chief Stephan Leithner and former board member Hugo Baenziger face skeptical German la wmakers on Wednesday as parliamentarians seek answers about how banks manipulated global benchmark interest rates. …


Greens shut out in byelections but still get boost from strong showing
returning two Conservatives and a New Democrat -- but the results gave a clear boost to Green party fortunes.


No more 'salvage sale' for Manitoba liquor workers seeking cheap holiday booze
the annual employee sale of discount liquor deemed unfit to sell in stores.


UK workplace pension pot charges should be revealed - new code
LONDON (Reuters) – Pension firms and insurers are calling for the costs taken automatically by people running UK pension schemes to be divulged to employers when they set up auto-enrolment schemes between 2012 and 2017. Pension charges have dramatically reduced in recent years, and now stand at 0.52 percent of the value of an individual scheme, says the Association of British Insurers (ABI). But the little-known fees and levies can wipe tens of thousands of pounds off the value of a worker’s workplace pension. …


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