African leaders agree to send troops to north Mali
Nigerian state-run TV says a bloc of West African nations has agreed to send 3,000 troops to stabilize Mali.
Feuding politicians take Nepal to brink of ruin
KATHMANDU (Reuters) – Apart from a small bust of Chairman Mao beside his armchair, Nepali Prime Minister Baburam Bhattarai flaunts no trappings of his revolutionary past: these days he talks of foreign investment, infrastructure projects and double-digit growth. The trouble is that, since they handed over their guns at the end of a decade-long insurrection in 2006, Nepal's Maoists have done no better at running the Himalayan republic than the corrupt and incompetent political mainstream they joined. …
Runoff expected in Slovenia presidential election
No candidate appeared to win an outright majority in Sunday's presidential election in Slovenia, and a runoff is expected next month between the incumbent and a former prime minister.
How debts and double-dealing sparked Japan-China islets row
OMIYA, Japan (Reuters) – The road to China's breakdown in relations with Japan began here – a sleepy Tokyo suburb that is home to the reclusive real-estate investor at the centre of the explosive pro perty deal that enraged Beijing. Surrounded by concrete walls, security cameras and warnings of guard dogs, Kunioki Kurihara has shunned the spotlight in his compound since closing a deal to sell three uninhabited islands in the East China Sea to Japan's government in September. …
Palestinian, US president discuss UN initiative
A spokesman for the Palestinian president says the Palestinians will proceed with asking the U.N. General Assembly to recognize a Palestinian state, despite a personal call from President Barack Obama to abandon the bid.
Ray gains redemption, leads Argos past former Eskimos team in CFL East semifinal
TORONTO – Ricky Ray threw two touchdown passes and ran for another in a record-setting second quarter to lead the Toronto Argonauts past the Edmonton Eskimos 42-26 in the CFL East Division semifinal Sunday.
China's corn revolution promises great leap forward in yields
BEIJING/SINGAPORE (Reuters) – China’s farmers are using higher-yielding seeds and embracing modern technology in a shift that makes it less likely China will be a long-term major corn importer. Record Chinese imports of 5.5 million tonnes in 2011-12 helped drive up benchmark Chicago corn prices to $8 a bushel earlier this year – more than double the average of the past decade – and raised the prospect of the world’s second-biggest consumer becoming dependent on big overseas purchases. But the government, which has always pushed for self-sufficiency in what is also the world’s No. …
Analysis: Hyundai's focus on quality risks emerging market share
SRIPERUMBUDUR, India/SEOUL (Reuters) – Running around the clock and selling everything it can build, Hyundai Motor's Indian factory is bursting at the seams. But as de mand grows and rivals scale up, the car maker has chosen to take its foot off the pedal. Hyundai's strategic decision to focus on quality over quantity, even as its production lines are stretched in India and elsewhere, risks losing hard-won market share and is forcing it to divert output from its plant outside Chennai away from exports to other high-growth markets to meet domestic demand. …
India's central bank chief: a hawk flying solo against inflation
MUMBAI (Reuters) – Indian centr al bank Governor Duvvuri Subbarao's standoff with a finance ministry that wants interest rates reduced sooner rather than later may prove the defining moment of his tenure. But while he wins plaudits for asserting the Reserve Bank of India's autonomy, Subbarao's policy draws mixed reviews. Indian interest rates are among the highest of all the major world economies at a time when the country is set to register its worst growth rate in a decade, yet inflation has remained uncomfortably high for nearly three years. …
At China party congress, allegiance trumps reform
BEIJING (Reuters) – As the senior Communist Party official in one of China’s most prosperous regions, Wang Yang is often cast as an agent of change, a potential force for economic and even political reform should he gain promotion to the party’s highest rung later this week. But the chief of the southern province of Guangdong appears to be distancing himself from that role while attending the party congress that will usher in China’s once-in-a-decade top leadership transition. When Wang spoke to reporters on Friday, he stuck to a well rehearsed script that could have come from any apparatchik. …
Rugby-Carter the unstoppable points machine
EDINBURGH, Nov 11 (Reuters) – New Zealand flyhalf Dan Carter is rarely guilty of a misplaced pass or shoddy kick at goal – as his world-leading 1,381 points in test rugby testify to – but the perfectionist in black took his frustrations out on Scotland in mesmerising style on Sunday. Carter was left aghast in Brisbane last month when his drop goal attempt against Australia after the siren had sounded flew wide, an 18-18 draw against their Tasman foes ending a run of 16 successive victories. …
Greece to vote on 2013 budget
About 15,000 protesters converged on the Greek capital's main square outside Parliament on Sunday, ahead of a vote by lawmakers on the 2013 budget which would once more cut pensions and salaries so Greece can qualify for its next vital batch of rescue loans.
Cattle raiders kill at least 12 Kenyan policemen
ISIOLO, Kenya (Reuters) – At least 12 Kenyan police officers were killed when cattle rustlers ambushed them in the remote northern county of Samburu, police said on Sunday. Local television stations put the death toll at 30. Officials had initially put the death toll in Saturday’s clash at four. They said raiders from the ethnic Turkana community who had stolen cattle from members of the Samburu community killed police who were pursuing them. “By late this afternoon we had confirmed at least 12 police killed. …
Sunday, November 11, 2012
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