STORM

Typhoon Nesat Pounds Philippines, Markets Closed

Students walk home in the rain after the suspension of classes due to rainfall from Typhoon Nesat in Quezon City
Typhoon Nesat pounded the Philippines' main island on Tuesday, lashing crop-growing provinces and bringing the capital to a near standstill as it disrupted power supplies and closed financial markets, government offices, transport and schools.
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Author Jon Katz poses for a picture with a dog in this publicity photo released to Reuters

Jon Katz New Book Explores Life after Pets Die

Best-selling author and animal advocate Jon Katz has been writing about dogs for over a decade. Many of his own, past a present, have taken center stage fiction and nonfiction books such as The Dogs of Bedlam Farms, A Dog Year, Izzy and Lenore and Rose in a Storm.
Greece must shrink state to avoid default: lenders

Global Recession 2011: It's Real, and It's Going to Hurt

Let's face the mounting facts and just say it in plain language: The world is slipping into Global Recession 2011 and governments don't have the gunpowder to ward it off. The U.S. economy is barely growing at all. Companies aren't hiring. The federal budget deficit is above $14.5 trillion. Companies are stockpiling cash because, as Ford CEO Alan Mulally said in a press conference this week, because the consumer has pulled back.
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Canada commercial loans rise, signaling expansion

Canadian commercial lending rose in the second quarter, PayNet Inc said on Wednesday, in a report that showed smaller businesses we're expanding even as economic storm clouds gather in Europe and the United States.
Typhoon Roke Hits Japan

Typhoon Roke: Japan Storm Moves Toward Pacific

Typhoon Roke is moving off shore and toward the Kuril Island archipelago between Japan and Russia, according to reports. The storm is still pounding the central Japan with rain, including the Fukushima nuclear power plant, which has so far avoid any major damage.
220 kg gold block

Gold to Clear $2,000 in 2012 as Rally Cools: Poll

Gold's rally will extend beyond $2,000 an ounce in the next year, but won't match the torrid record-breaking climb of the last 12 months, according to gold investors and analysts attending the London Bullion Market Association's (LBMA) annual conference.
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Gold to Top $2,000 Next Year - LBMA Conference Participants

Gold's rally will extend beyond $2,000 an ounce in the next year, but won't match the torrid record-breaking climb of the last 12 months, according to gold investors and analysts attending the London Bullion Market Association's (LBMA) annual conference.
U.S. Gas Prices

Gas Prices: Finally, Some Relief at the Pump for U.S. Motorists

Finally, there's some good news for U.S. motorists. Gas prices, down about 10 cents per gallon in the past month to an average of $3.60 per gallon for regular unleaded, are likely to continue to decline, assuming no oil disruptions from major oil producers or a large storm in the Gulf of Mexico.
Mahmoud Jibril

Libyans fail to agree new government

Libya's interim leaders failed to agree a new cabinet on Sunday and the forces that forced Muammar Gaddafi from power remained bogged down in fighting with troops loyal to the former ruler.

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