Sunday, February 17, 2013

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Correa challenger concedes defeat in Ecuador
Ecuador's President and candidate for re-election Rafael Correa, top right, and vice presidential candidate Jorge Glass, top left, accompanied by relatives, celebrate after presidential elections in Quito, Ecuador, Sunday, Feb. 17, 2013. Although official results had still not been released, Correa celebrated his second re-election as Ecuador's president after an exit poll showed him leading by a wide margin. (AP Photo/Martin Jaramillo)QUITO, Ecuador (AP) -- President Rafael Correa's main challenger has conceded defeat in Ecuador's presidential vote.


Muto leads as Japan PM close to choosing nominee for BOJ chief
Daiwa Institute of Research Chairman and former Bank of Japan Deputy Governor Toshiro Muto poses after an interview with Reuters in TokyoTOKYO (Reuters) – Former top financial bureaucrat Toshiro Muto is the leading candidate to become Japan's next central bank governor with Prime Minister Shinzo Abe to pick a nominee as early as this week, sources close to the process told Reuters. The choice of Muto, 69, would suggest the Bank of Japan will intensify stimulus efforts to reflate the economy, which has struggled with deflation for years, but refrain from the more radical measures advocated by other candidates. Some policymakers and government officials worry that radical measures could unsettle markets. …


Ecuador's Correa cruises to re-election victory
Ecuador's President Correa addresses his supporters from a balcony of Carondelet Palace in QuitoQUITO (Reuters) – Ecuadorean President Rafael Correa swept to a re-election victory on Sunday that allows him to strengthen state control over the OPEC nation's economy and gives a timely boost to Latin America's alliance of socialist leaders. Correa won 58 percent of the votes compared with 24 percent for runner-up Guillermo Lasso, according to preliminary results released by the electoral authority based on almost 30 percent of the votes counted. "Nobody can stop this revolution," a jubilant Correa told supporters from the balcony of the presidential palace, after claiming victory. …


Travis Barker skips Blink-182 Australia tour due to flying fear
(Reuters) – Travis Barker will skip the Australian tour of pop-punk band Blink-182, citing a long-term fear of flying that worsened after he survived a fatal crash nearly five years ago that killed two friends. “I’m sorry to announce I won’t be joining Blink-182 on this Australian tour,” Barker, 37 and drummer for the group, wrote on Facebook. “I still haven’t gotten over the horrific events that took place the last time I flew when my plane crashed and four people were killed, two being my best friends. …


Canada's Milos Raonic wins his third straight SAP Open in Stan Jose
SAN JOSE, Calif. – Canada’s Milos Raonic won his third consecutive SAP Open on Sunday, beating Tommy Haas 6-4, 6-3 for the title in the final year of the Bay Area tournament.


Official results: Correa winning Ecuador election
Ecuador's President and candidate for re-election Rafael Correa, top right, and vice presidential candidate Jorge Glass, top left, accompanied by relatives, celebrate after presidential elections in Quito, Ecuador, Sunday, Feb. 17, 2013. Although official results had still not been released, Correa celebrated his second re-election as Ecuador's president after an exit poll showed him leading by a wide margin. (AP Photo/Martin Jara   millo)QUITO, Ecuador (AP) -- First official results in Ecuador's presidential election show incumbent Rafael Correa leading with 56.6 percent of the vote against 24 percent for his closest challenger.


Israeli lawmakers to investigate Australian spy mystery
Israel's Prime Minister Netanyahu arrives at the weekly cabinet meeting in JerusalemJERUSALEM (Reuters) – Israeli lawmakers announced plans on Sunday to investigate the 2010 jailhouse death of a reported Australian immigrant recruit to the Mossad spy age ncy. The statement by Parliament's Foreign Affairs and Defence Committee followed calls by Prime Minister Benjamin Netanyahu at a cabinet meeting to dim a growing media spotlight on the affair he saw as at risk of jeopardizing national security. …


BOJ's mandate is to keep prices stable at 2 percent: Japan PM Abe
Japan's Prime Minister Shinzo Abe speaks to media after attending a meeting of Security Council of Japan at his official residence in TokyoTOKYO (Reuters) – Japanese Prime Minist er Shinzo Abe said on Monday the central bank's 2 percent inflation target aims not just to boost prices but to prevent them from rising well above that level. "The BOJ has pledged to keep ultra-easy monetary policy until its 2 percent goal is achieved," Abe told parliament. "The price goal also means the central bank will aim to keep prices stable at 2 percent," he said, adding that it is the BOJ's responsibility to unwind its ultra-loose policy at the right time if there are signs prices will rise to unwelcome levels well above 2 percent. …


Partial official result: Correa leads Ecuador presidential race with 57 percent of vote
Ecuador's President and candidate for re-election Rafael Correa, top right, and vice presidential candidate Jorge Glass, top left, accompanied by relatives, celebrate after presidential elections in Quito, Ecuador, Sunday, Feb. 17, 2013. Although official results had still not been released, Correa celebrated his second re-   election as Ecuador's president after an exit poll showed him leading by a wide margin. (AP Photo/Martin Jaramillo)QUITO, Ecuador (AP) -- Partial official result: Correa leads Ecuador presidential race with 57 percent of vote.


British PM Cameron on India trade trip amid graft scandal
Britain's Prime Minister David Cameron waits to greet Nigeria's President Goodluck Jonathan at Number 10 Downing Street in LondonLONDON (Reuters) – British Prime Minister David Cameron arrives in India on Monda y to try to win new investment in the face of fierce global competition as a scandal engulfs an Anglo-Italian helicopter deal. Making his second visit to India as prime minister, Cameron's trip comes days after a similar trade mission by French President Francois Hollande, underlining how Europe's debt-stricken states are competing to tap into one of the world's fastest-growing economies. …


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