Multiculturalism has failed: UK PM
Echoing recent comments by German leader Angela Merkel, the British Prime Minister David Cameron has blasted state multiculturalism in a speech held at a security conference in Munich.
Unrest spreads to Europe: Serbs protest government
The civil unrest roiling the Middle East may have spilled over into Europe as tens of thousands of Serbian nationalists staged a massive anti-government rally in the capital, Belgrade.
Berlusconi praises Mubarak as “wise man”
Italy’s Prime Minister Silvio Berlusconi (who is facing his own serious problems) has praised embattled Egyptian President Hosni Mubarak as a “wise man” and urged an orderly transition for the country to democracy.
Crisis costing Egyptian economy at least $310-mln per day
Credit Agricole bank estimates that the ongoing political crisis in Egypt is costing the country’s economy at least $310-million per day, according to a report.
Sanofi could sweeten bid for Genzyme before next Wednesday: Report
French pharmaceutical company Sanofi-Aventis (NYSE: SNY) might make another deal to acquire U.S. biotech firm Genzyme (Nasdaq: GENZ) before Wednesday, the day Sanofi is scheduled to release its 2010 results, sources have told Reuters.
Hispanics now largest minority in New Jersey: Census
Reflecting a growing national trend in the U.S., Hispanics have become the largest minority in the state of New Jersey, supplanting blacks, according to Census Bureau data.
New Orleans has lost 30 pct of its population since 2000 Census
Hurricane Katrina reduced the population of the New Orleans by almost one-third, according to data from the U.S. Census Bureau.
Corning targets $10-bln sales by 2014
Corning Inc. (NYSE: GLW) said it will more than double spending this year in order to generate annual sales of $10 billion by 2014.
High Arab birth rate in Israel raises concerns about country’s Jewish identity
Among the issues raised by the recent outbreak of civil unrest in the Middle East and North Africa is the rapidly growing population in some of these countries. This subject has particularly stark implications for Israel.
Only 36,000 jobs were created in January: BLS
The U.S. economy added a mere net new 36,000 jobs last month, although the unemployment rate fell sharply to 9.0 percent from 9.4 percent, according to the U.S. Bureau of Labor Statistics (BLS).
Pakistan cricket players charged with cheating, corruption
Three Pakistan cricket team players and an agent will face corruption charges, according to Britain’s the Crown Prosecution Service
Algeria promises to end emergency rule after 19 years
In a probable response to the unrest rolling through the Middle East and North, Algerian President Abdelaziz Bouteflika has reportedly promised to lift the country’s state of emergency in the very near future.”
Valentine’s Day yet another battleground in East-West culture clash
With Valentine’s Day coming up in a few weeks, we may witness more battles in the endless and epic battle between Western values and Eastern resistance
Son of Enron’s Skilling found dead in apartment
The youngest son of imprisoned Enron CEO Jeffrey Skilling has been found dead in his apartment in Santa Ana, Calif., according several media sources.
Mubarak tells ABC if he resigned Egypt would sink into chaos
Embattled Egyptian President Hosni Mubarak said that his country would sink into chaos if he were to resign.
Kenneth Cole’s tweet on Egypt sparks outrage
Fashion designer Kenneth Cole has sparked outrage with a tweet that appears to trivialize the ongoing political turmoil in Egypt.
'Last Tango in Paris' actress dies
French actress Maria Schneider who attained everlasting fame and notoriety from starring in the controversial film “Last Tango in Paris” has died in the French capital at the age of 58.
Ben Bernanke’s speech to National Press Club (Full-Text)
Federal Reserve Chairman Ben Bernanke's speech to the National Press Club on Feb. 3, 2011
Footage shows Houston cops beating teen suspect (VIDEO)
KTRK television station in Houston, Tex. Is showing a video that appears to show Houston police officers beating, kicking and stomping on a teen burglary suspect last March.
Kuwait may offer citizenship to high-skilled foreign workers
The oil-rich state of Kuwait is considering a proposal to give citizenship to skilled foreign workers and their families as it competes with Dubai for overseas talent.
New York City’s abortion rate double the national average
About two out of every five (41 percent) pregnancies in New York are aborted – more than double the national rate (19 percent). This news comes as an increasing number of state legislatures are seeking measures to restrict abortions.
Global reaction to escalation of violence in Egypt
Here is a collection of reaction to the latest escalation of civil unrest and violence in Egypt from around the world:
Saudis allow foreigners to own property; but market remains tight
Saudi Arabia has eased its real estate and investment laws to allow foreigners residing and working in the kingdom to purchase and own properties there. The move is widely seen as a way to revive the country’s moribund real estate market.
Welcome to the 12th century: Pakistan’s blasphemy laws
A female Pakistani politician has withdrawn her proposal to amend the nation’s laws of blasphemy after it became clear the government would not change it.
Dating sites unite: Match.com acquires OkCupid
Match.com, an operating business of IAC (Nasdaq: IACI), purchased OkCupid this morning for $50 million in cash, plus potential future payments contingent upon performance.
11.2-mln illegal immigrants in U.S., including 8-mln in workforce
There were about 11.2 million illegal immigrants living in the U.S. in 2010, slightly above the prior year’s figures, according to a study by the Pew Hispanic Center, a nonpartisan Washington-based research organization in Washington.
Stocks finish narrowly mixed as investors monitor Egypt crsisis
Stocks finished narrowly mixed in uneasy trading as the political crisis in Egypt seems to be worsening as fighting between forces supporting President Hosni Mubarak and those who oppose him intensify.
Suspect in custody following shooting at California elementary school
Police have taken into custody a school employee in connection with a shooting that seriously wounded an adult this morning at an elementary school in Placerville, California.
Four arrested in Bangladesh following death of girl targeted by fatwa
Bangladeshi police have arrested four people, including a Muslim cleric, as part of an investigation into the death of a teenage girl who died after a public lashing.
India’s former telecom minister arrested in phone license scandal
The former telecommunications minister of India, A. Raja, has been placed under arrest as part of a probe into a multi-billion corruption investigation.