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By By FLOYD NORRIS, on May 24th, 2013 The Standard & Poor’s 500-stock index has more than doubled since Barack Obama took office, an accomplishment achieved by only four other presidents.
Continue reading Off the Charts: S.&P. Has More Than Doubled Under Obama
By , on May 24th, 2013 <!– google_ad_section_start –> Sweden has long been a bastion of generous social welfare and an egalitarian political culture. So many people were shocked when scores of youths hurled rocks at police and set cars ablaze during rioting in several largely immigrant areas near Stockholm this week. <!– google_ad_section_end –>
Continue reading Segregation cited as root of riots in immigrant areas of Stockholm
By , on May 24th, 2013 <!– google_ad_section_start –> Britain’s intelligence services came under pressure on Friday to explain how they let two Islamic extremists suspected of hacking a soldier to death in the streets of London slip through their net. Both of the men, under armed guard in London hospitals after being shot by police at the scene, were previously known to the intelligence services but were reportedly assessed as not posing a deadly threat. <!– google_ad_section_end –>
Continue reading British spy services under pressure over London soldier’s murder
By , on May 24th, 2013 <!– google_ad_section_start –> OSAKA, Japan (AP) — Two Korean former sex slaves demanded the resignation of an outspoken Japanese mayor and canceled a meeting with him Friday for justifying Japan’s wartime practice of forcing tens of thousands of Asian women into prostitution for its military. <!– google_ad_section_end –>
Continue reading 2 former sex slaves demand Japan mayor quit
By , on May 23rd, 2013 <!– google_ad_section_start –> The gory killing of a British soldier at the hands of two suspected Islamist militants has shone a spotlight on Woolwich, the London district where it happened, stirring racial tensions in one of the most ethnically diverse parts of Britain. <!– google_ad_section_end –>
Continue reading Killing of British soldier stirs tension in poor corner of London
By , on May 23rd, 2013 <!– google_ad_section_start –> A meat cleaver is clasped in his blood-smeared left hand, the other – stained red with human blood too – waves manically as he shouts at the camera, ranting his justification for the atrocity on the streets of southeast London. <!– google_ad_section_end –>
Continue reading How terror struck out of nowhere
By , on May 23rd, 2013 <!– google_ad_section_start –> Despite earning a civil servant’s salary for three decades, Taib Mahmud, the powerful chief minister of Malaysia’s Sarawak state, is reputed by critics to be one of Asia’s richest men. Taib, 77, and his family are accused of massive corruption and running Malaysia’s largest state like a family business, controlling its biggest companies with stakes in hundreds of corporations in Malaysia and abroad. <!– google_ad_section_end –>
Continue reading Outrage grows over scandal-tainted Malaysian leader
By , on May 23rd, 2013 <!– google_ad_section_start –> Amnesty International said on Thursday millions of people who have fled conflict or persecution, and migrants who have left home in search of work, have suffered abuses at the hands of state authorities or employers. <!– google_ad_section_end –>
Continue reading Refugees and migrants face rising dangers
By , on May 23rd, 2013 <!– google_ad_section_start –> BANGKOK (AP) — Asian stock markets slid Thursday, pulled down by a contraction in China’s manufacturing that adds to signs that the shaky recovery in the world’s No. 2 economy is slowing. HSBC Corp. said its preliminary Purchasing Managers Index fell to a seven-month low of 49.6 in May from April’s 50.4. Numbers below 50 indicate that activity is contracting. Analysts had expected a slight decline to 50.3 for the most recent month
Continue reading Asia stocks slide as China factory output slips
By , on May 22nd, 2013 <!– google_ad_section_start –> The black rainstorm warning did not hamper art collectors’ enthusiasm as sales were made the minute Art Basel Hong Kong opened its doors for the first time. Some galleries exhibiting at the first Hong Kong edition of the Swiss-owned modern and contemporary art fair reported encouraging sales results during the VIP preview, which took place immediately after Chief Executive Leung Chun-ying cut the ribbon at around noon. <!– google_ad_section_end –>
Continue reading Rainstorms fail to dampen spirits at Art Basel opening
By , on May 22nd, 2013 <!– google_ad_section_start –> Two Michelin chefs will face off in a contest to lose their chef’s trademarks – big round bellies – in the next three months. Both will make donations to charity and the loser will dress as a waitress and work at the winner’s restaurant for a day. Harlan Goldstein and Alvin Leung, friends for more than 15 years, met last week and found that both of them had gained some kilograms. They then decided to put up a weight-loss challenge to make themselves healthier and to promote healthy eating habits. <!– google_ad_section_end –>
Continue reading Star chefs line up for battle of the bulge
By , on May 22nd, 2013 <!– google_ad_section_start –> The accused man, identified by Taiwanese media as Li Pingshan, deputy secretary for Guangdong city’s Longgang district, was said to have molested a male waiter at a Taipei hotel. <!– google_ad_section_end –>
Continue reading Shenzhen ‘official’ in sexual harassment case reaches settlement with Taiwan waiter
By , on May 22nd, 2013 <!– google_ad_section_start –> BANGKOK (AP) — Asian stock markets were mostly higher Wednesday after investor confidence was boosted by a Federal Reserve official’s comments that the U.S. central bank should stick with its super-easy monetary policy. Regional Fed chief James Bullard said in a speech Tuesday that the Fed should continue its monthly $85 billion in bond purchases, which drives down interest rates and thus encourages lending and spending, to help spur the U.S. economic recovery. <!– google_ad_section_end –>
Continue reading Asia stocks rise as Fed official backs easy policy
By , on May 21st, 2013 <!– google_ad_section_start –> Faced with external and internal problems, Taiwanese president Ma Ying-jeou cancelled a long-planned event on Monday, marking the first anniversary of his second inauguration. <!– google_ad_section_end –>
Continue reading Ma must act now to remedy crisis management skills
By , on May 21st, 2013 <!– google_ad_section_start –> A blast at an explosives plant in China has left 13 people dead and another 20 missing, state media said on Tuesday, compounding the country’s poor industrial safety record. Another 19 people were injured in the explosion on Monday at a three-storey workshop owned by Poly Explosives (Jinan), a state-owned company in the eastern province of Shandong, the Xinhua news agency reported. Rescuers were still searching for the missing on Tuesday but clean-up efforts had also started, the report said, citing the rescue headquarters. <!– google_ad_section_end –>
Continue reading Shandong factory blast leaves 13 dead, 20 missing
By Joel Kotkin, on May 21st, 2013 Suburbs have more poor people mainly because they have more people, write Joel Kotkin and Wendell Cox.
Continue reading The Slumburbia Myth
By , on May 21st, 2013 <!– google_ad_section_start –> BANGKOK (AP) — Asian stock markets fell Tuesday as investors waited for the U.S. Federal Reserve to telegraph what it plans to do next with its economic stimulus program. The Fed is conducting its third round of massive bond purchases known as quantitative easing to help drive down interest rates and spur lending. But recently improving data on the U.S. economy has led to speculation that the Fed might consider scaling back the program or winding it down earlier than expected. <!– google_ad_section_end –>
Continue reading Asia stocks fall ahead of Fed statements
By David Frum, on May 20th, 2013 Anne Applebaum reviews Sheryl Sandberg's Lean In and assesses it as a pile of poorly considered, self-contradictory huckster cliches.
Continue reading The Chief Problem With ‘Lean In’
By , on May 20th, 2013 <!– google_ad_section_start –> A structure’s collapse in Cambodia’s capital injured 23 workers yesterday at a factory thought to be owned by a Hong Kong group and which produces garments for H&M, police said. <!– google_ad_section_end –>
Continue reading 23 hurt in shelter collapse at factory owned by Hong Kong firm
By , on May 20th, 2013 <!– google_ad_section_start –> Hunan’s high court agreed to hear an appeal by Tang Hui, the mother of a teenage girl who was raped and forced into prostitution by local officials. A lower court had dismissed her compensation claim last month against local authorities who sent her to a labour camp for protesting inappropriately. <!– google_ad_section_end –>
Continue reading Rape victim’s petitioning mother Tang Hui wins court review
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Segregation cited as root of riots in immigrant areas of Stockholm
<!– google_ad_section_start –> Sweden has long been a bastion of generous social welfare and an egalitarian political culture. So many people were shocked when scores of youths hurled rocks at police and set cars ablaze during rioting in several largely immigrant areas near Stockholm this week. <!– google_ad_section_end –>
Continue reading Segregation cited as root of riots in immigrant areas of Stockholm
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