1.20pm: Virginia Tech is in lock-down after shots were heard near the campus: Virginia Tech says a police officer has been shot, and a possible second victim has been reported at a parking lot near the campus. Authorities are seeking a suspect. A campus-wide alert tells students and faculty to stay inside and lock doors. [...]
Tag: Finance
December 8, 2011
November 18, 2011
Europe’s Debt Crisis: Spain, France Face Higher Borrowing Costs
The European debt crisis touched Spain and France Thursday, with both countries now forced to pay more to finance their governments. Spain, Europe’s fourth biggest economy, sold nearly $5 billion in government bonds Thursday at a big 7 percent interest rate. That is the same rate that Greek, Irish, and Portuguese bonds hit before those [...]
July 1, 2011
Analysis: U.S.-India Trade Talks Focus on Trade Barriers
Although the U.S.-India economic relationship has grown significantly in recent years, economic barriers continue to prevent U.S. investment in several lucrative sectors. U.S. Secretary of Treasury Timothy Geithner and Indian Finance Minister Pranab Mukherjee met in Washington this week to discuss trade and economic investment opportunities between the United States and India in the second [...]
June 30, 2011
Obama’s counterterrorism is backfiring
President Obama has unveiled new strategies for American counterterrorism, but to some experts the commander in chief is only making matters worse. “What I see us doing is creating more terrorism throughout policies in Libya and Yemen,” says Susan Lindauer, a former CIA asset that previously worked out of Libya. “I think our actions speak [...]
June 18, 2011
NY Marriage Bill Hits Snags on Religion Questions
ALBANY, N.Y. (AP) — Gov. Andrew Cuomo held more one-on-one negotiations Friday with Senate Republicans who worry his bill to legalize gay marriage doesn’t do enough to protect religious groups and churches that refuse to preside over same-sex weddings and other services. A third lengthy, closed-door meeting by the GOP majority brought the bill, widely [...]
June 11, 2011
June 10, 2011
2 Guilty in Murder of Journalist Checking Muslim Group
OAKLAND, Calif. — A jury on Thursday found the leader of a financially troubled community group and another man guilty of murder in the daytime shooting of the first American journalist killed on U.S. soil for reporting a story in more than a decade. Yusuf Bey IV, former head of Your Black Muslim Bakery, also [...]
June 8, 2011
June 1, 2011
NYC Officials Delete Terror-Target Data
New York City’s Department of Finance is working with the police department to delete sensitive information about potential terror targets from its website after the New York Post revealed security lapses. The agency’s website had links to floor plans of buildings that included the under-construction 1 World Trade Center, which Police Commissioner Ray Kelly says [...]
June 1, 2011
May 26, 2011
Blood at Scene Becomes Pivotal for Strauss-Kahn Defense
Evidence that Dominique Strauss- Kahn’s encounter with a hotel maid may have involved force, including reports of blood at the scene, might damage any defense contention that she consented, former prosecutors said. Strauss-Kahn is accused in a seven-count indictment of forcibly trying to have intercourse with the woman at the Sofitel hotel in midtown Manhattan, [...]
May 24, 2011
Proposed Tax Based on Miles We Drive Should Be Ditched
A 17th-century French minister of finance, Jean-Baptiste Colbert, was once famously quoted as saying that “the art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the smallest amount of hissing.” Colbert reigned long before the creation of the automobile. Yet today his advice seems almost quaint [...]