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Europe's Markets

Europe's Markets Pare Gains Wednesday at Mid-Day Following ECB Intervention

Europe's banks borrowed nearly €490 billion or $637 billion from the European Central Bank at its first-ever offer of three-year loans on Wednesday, encouraging demand for the euro and stocks on hopes the funding will ease the two-year old debt crisis. On Wednesday at mid-day, London's FTSE 100 was down 25 points to 5,393, Germany's DAX was down 29 points to 5,819, and France's CAC 40 was off 22 points to 3,033.
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NDAA 2012 and SOPA: Do They Target the Tea Party and Wall Street Movements?

The National Defense Authorization Act (NDAA) 2012 and the Stop Online Privacy Act (SOPA) seem to be two sides of the same coin. Both pieces of legislation are, apparently, aimed at eliminating any kind of attack or even the possibility of an attack on the U.S. government and its corporate allies, a statement made by the government themselves. Essentially, the former is viewed as an anti-terrorist law and the latter an anti-piracy tool.
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Wall Street to rebound at open, volatility seen

Stocks were poised to rebound at the open Tuesday after declines in the prior session as a drop in Spain's borrowing costs and unexpectedly positive data from Germany eased euro zone debt worries.
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Apple Wins U.S. Patent Suit Against HTC

The California-based Apple is involved with numerous patent disputes world over with smartphone makers that run Android. Recently Samsung filed new claims against Apple over patent infringements in Germany.
A shop attendant arranges HTC phones in a mobile phone store in Taipei

Apple Wins Partial Victory over HTC in U.S. Patent Fight

Apple Inc scored a narrow victory against Taiwan's HTC Corp in their smartphone patent battle after the International Trade Commission ruled HTC infringed on only one of four patents at the center of the case brought by Apple.
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Wim Wenders takes 3D dancing in new film Pina

German director Wim Wenders has long ranked as among the major directors of world cinema, thanks to films such as Paris, Texas, Wings of Desire, Until the End of the World and the Oscar-nominated Buena Vista Social Club.

AT&T Hits Barriers in T-Mobile Merger as Asset Sale Talks Fumble

The Dallas-based company's plan to sell off some of its assets in order to gain regulatory approval for its $39 billion merger are falling flat, which could spell trouble for the merging parties as they try to convince regulators that a merger wouldn't concentrate too much power in the wireless industry.
Let it Rain

Let it Rain -- Seasonal Weather Shopping, Surfing Rules the Web

Let it rain is a a popular online store based in Astoria, Oregon -- a place where it frequently rains -- that sells rain gear including boots and umbrellas that people are apparently buzzing about this Christmas, and buying from. Why, some have apparently gone so far is making rain boots become the traditional Christmas stocking.
Ben Bernanke on screen at the Chicago Mercantile Exchange.

7 Positive Predictions for Investors in 2012

With less than two weeks left before the end of the year, all kinds of market participants, from economists at multinational banks to stock bloggers in their bedrooms, have begun to give their predictions for 2012. Here is a lucky set of seven predictions that could benefit investors next year.
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Fitch Says Comprehensive Eurozone Deal 'Beyond Reach'

Credit rating agency Fitch told the Eurozone on Friday it thinks a comprehensive solution to the bloc's debt crisis is beyond reach, as it put an number of the bloc's economies including Italy on watch for potential downgrades.
Carlos the Jackal Faces French Trial for Orchestring 1980s Bomb Attacks

Carlos the Jackal Gets Second Life Sentence

Cold War militant Carlos the Jackal was sentenced to a second life term by a Paris court on Thursday after being found guilty of a number of bombings in France three decades ago.
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U.S. Resilient, Europe Debt Woes Touch Asia

An improvement in the U.S. employment picture last week and a rise in regional factory activity suggested an emerging divide between resiliency in the U.S. economy and faltering growth in Europe and Asia.
U.S. Defense Spending

Defense Bill 2012 - To Make U.S. Stronger, Cut Pentagon’s Budget By 50%

U.S. overspending on the military has diverted resources from civilian / social investments, including public goods, weakening the U.S. economy, and, by extension weakening the nation. If it doesn’t substantially cut defense spending, the U.S.’s empire will likely share the fate of two other empires that overspent on the military -- the British Empire and the Soviet Union.
Galaxy Nexus

Verizon Samsung Galaxy Nexus Releases Today - To Buy or Not to Buy?

The wish of the anxious Android fans was fulfilled on Dec. 15 (Thursday) as Verizon began selling the long-awaited Android 4.0-powered (Ice Cream Sandwich) Galaxy Nexus. The handset sells for $299 with a 2-year Verizon contract. No doubt, it will get scooped up like hot cakes as the smartphone is being touted as an iPhone killer but the billion dollar question is - is it really worth buying?

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