Invoking the somber aftermath of the school massacre in Newtown, Conn., President Obama today appealed to congressional Republicans to embrace a standing "fair deal" on taxes and spending that would avert the fiscal cliff in 13 days."If there's one thing we should have after this week, it should be a sense of perspective about what's important," Obama said at a midday news conference."I...
Dec
18
Inquiry harshly criticizes State Department over Benghazi attack
Label: WorldWASHINGTON (Reuters) - Security at the U.S. mission in Benghazi, Libya was grossly inadequate to deal with a September 11 attack that killed a U.S. ambassador and three others because of failures within the State Department, an official inquiry found on Tuesday. In a scathing assessment, the review cited "leadership and management" deficiencies at two department offices, poor coordination...
Temasek raises stake in Olam
Label: Technology SINGAPORE: Temasek Holdings has raised its stake in commodity trader Olam International to 17 percent from 16.3 percent. In a filing with the Singapore Exchange, Olam said Temasek had bought 200,000 shares for S$293,000 from the open market on Tuesday through its investment vehicle Aranda Investments. In an emailed comment to Channel NewsAsia, a Temasek spokesperson said: "We have invested...
Funds crunch hits war on malaria
Label: Lifestyle NEW DELHI: The amount of funds available for malaria prevention and control globally is less than half what is needed, the World Health Organization (WHO) has said in a report. While it is estimated that $5.1 billion is needed every year between 2011 and 2020 to achieve universal access to malaria interventions, only $2.3 billion was available in 2011. The WHO has blamed this on a slowing down...
Experts: Kids are resilient in coping with trauma
Label: HealthWASHINGTON (AP) — They might not want to talk about the gunshots or the screams. But their toys might start getting into imaginary shootouts.Last week's school shooting in Connecticut raises the question: What will be the psychological fallout for the children who survived?For people of any age, regaining a sense of security after surviving violence can take a long time. They're at risk for lingering...
Newtown Shooting: Bushmaster Under Fire
Label: Business When the private investment firm Cerberus Capital Management announced Tuesday it would unload its interest in Bushmaster – the company that built the weapon used in last week's mass murder of 20 Connecticut first graders -- it marked the beginning of what experts say is likely to be a challenging period for the North Carolina-based weapons manufacturer."They are looking at...
Dec
17
Syrian rebels take control of Damascus Palestinian camp
Label: WorldBEIRUT (Reuters) - Syrian rebels took full control of the Yarmouk Palestinian refugee camp on Monday after fighting raged for days in the district on the southern edge of President Bashar al-Assad's Damascus powerbase, rebel and Palestinian sources said. The battle had pitted rebels, backed by some Palestinians, against Palestinian fighters of the pro-Assad Popular Front for the Liberation...
Remains of man in armour found at "Pompeii of Japan"
Label: Technology TOKYO: The remains of a high-caste man wearing armour who was buried by hot ash -- possibly as he tried to calm the wrath of an erupting volcano -- have been found in an area known as the "Pompeii of Japan".Archaeologists say they have unearthed the well-preserved body of a sixth-century man who had apparently turned to face a flow of molten rock as it gushed through his settlement."Under...
India lost $123 billion in black money in a decade
Label: Lifestyle WASHINGTON: The Indian economy suffered $1.6 billion in illicit financial outflows in 2010, capping-off a decade in which it experienced black money losses of $123 billion, according to a new report. India is ranked as the decade's 8th largest victim of illicit capital flight behind China, Mexico, Malaysia, Saudi Arabia, Russia, the Philippines, and Nigeria, respectively in the report by Global...
Experts: No link between Asperger's, violence
Label: HealthNEW YORK (AP) — While an official has said that the 20-year-old gunman in the Connecticut school shooting had Asperger's syndrome, experts say there is no connection between the disorder and violence.Asperger's is a mild form of autism often characterized by social awkwardness."There really is no clear association between Asperger's and violent behavior," said psychologist Elizabeth Laugeson, an assistant...
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