OTTAWA – Statistics Canada says people over 65 use the Internet more than they did a decade ago, but there’s still a wide generation gap when it comes to videos and music.
Disabled men in Bosnia want prostitution legalized
BANJA LUKA, Bosnia-Herzegovina (AP) -- Members of a Bosnia wheelchair basketball club are launching a campaign to legalize prostitution in the country to help disabled people “achieve their right to love.”
South Korea launches rocket weeks after NKorea
SEOUL, South Korea (AP) -- South Korea launched a satellite into space from its own soil for the first time Wednesday amid increased tensions after archrival North Korea accomplished a similar feat and was condemned by the United Nations. Bolshoi ballerina says she wants to stay in Canada after receiving threats
MOSCOW – A leading ballerina of the Bolshoi theatre says she wants to stay in Canada because of the threats she has received.
Average household spent $55,151 on goods, services last year: StatsCan
OTTAWA – Statistics Canada says the country’s households spent an average of $55,151 on goods and services in 2011, up 2.7 per cent from 2010.
Payroll earnings up 0.5 per cent in November compared with October: StatsCan
OTTAWA – Statistics Canada says average weekly earnings of non-farm payroll employees were $911 in November, up 0.5 per cent from the previous month.
Analysis: Arab Spring diverts part of Gulf petrodollar flows
DUBAI (Reuters) – At an economic summit of Arab leaders in Riyadh last week, Saudi Arabia’s crown prince called for a minimum 50 percent increase in the capital of a fund that lends money for development projects around the region. Prince Salman, next in line to the Saudi throne, said the kingdom was ready to pay its share in any expansion of the Kuwait-based Arab Fund for Economic and Social Development, now capitalized at 2 billion Kuwaiti dinars ($7.1 billion). …
France rolls north in Mali, but daunting second phase looms
o A daily summary of global reports on security issues.
Vietnam frees American activist after 9 months
HANOI, Vietnam (AP) -- Vietnamese authorities on Wednesday released and deported an American pro-democracy activist detained since April, a move that contrasts with the long prison terms given to Vietnamese activists who are members of the same U.S.-based dissident group.
French foreign minister: Troops to leave Mali soon
SEVARE, Mali (AP) -- France's foreign minister said Wednesday that French forces would depart Mali "quickly" following their success in taking control of the airport in Kidal, a key position in the last remaining urban stronghold of Islamist extremists in northern Mali. TSX to open lower on soft U.S. data; RIM eyed
(Reuters) – Canadian stock index futures pointed to a lower open on Wednesday after U.S. data showed the world's largest economy unexpectedly contracted in fourth quarter. TOP STORIES * The U.S. economy unexpectedly contracted in the fourth quarter, suffering its first dec line since the 2007-09 recession as businesses scaled back on restocking and government spending plunged. * The innovative line of BlackBerry smartphones that Research In Motion Ltd will formally unveil on Wednesday has already succeeded on one crucial count – getting RIM back in the conversation. … Standoff: Man shoots US bus driver, takes 6-year-old passenger; thought to be in rural bunker
MIDLAND CITY, Ala. – Police teams swarmed a rural U.S. property Wednesday where a man accused of fatally shooting the driver of a school bus and fleeing with a 6-year-old passenger was thought to be hiding in a homemade bunker.
US investigators ask Boeing for battery history
TOKYO (AP) -- U.S. investigators said Wednesday they asked Boeing Co. to provide a full operating history of lithium-ion batteries used in its grounded 787 Dreamliners after Japan's All Nippon Airways revealed it had repeatedly replaced the batteries even before overheating problems surfaced. New record for the biggest wave ever surfed? (+video)
Was Garrett McNamara humming ‘Oops, I did it again?” as he rode a 100-foot wave off Portugal?
Growth buckles on smaller inventories, weak government
WASHINGTON (Reuters) – The U.S. economy unexpectedly contracted i n the fourth quarter, suffering its first decline since the 2007-09 recession as businesses scaled back on restocking and government spending plunged. Gross domestic product fell at a 0.1 percent annual rate after growing at a 3.1 percent clip in the third quarter, the Commerce Department said on Wednesday. That was the worst performance since the second quarter of 2009, when the recession ended, and showed the economy entering the new year with no momentum. … US economy shrinks 0.1 pct., first time in 3 1/2 years; deep cut in defence spending key factor
WASHINGTON – The U.S. economy shrank from October through December for the first time since the recession ended, hurt by the biggest cut in defence spending in 40 years, fewer exports and sluggish growth in company stockpiles.
ICC suspect listed as Kenya presidential candidate
NAIROBI, Kenya (AP) -- The two top contenders and their running mates in Kenya’s presidential race, including two politicians facing crimes against humanity charges at an international court, have been officially registered by Kenya’s electoral authority.
Italy market watchdog defends role in Monte Paschi scandal
SIENA, Italy (Reuters) – Italy’s market regulator Consob joined the government and the Bank of Italy on Wednesday in defending its oversight of Monte Paschi as magistrates investigated allegations of bribery and accounting malpractice at the historic bank. Italy’s third-largest lender has been plunged into crisis over an opaque series of derivatives and structured finance deals that have produced losses of 720 million euros ($970 million) and raised growing questions about possible corruption by bank officials. …
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