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Yahoo

World - Three years after Libya revolt, `Dubai dream` still far off


When longtime dictator Moamer Kadhafi`s regime collapsed in a 2011 revolution, many Libyans looked to affluent and booming Dubai as an example of what the future could hold. On October 23, 2011, three days after Kadhafi was captured and killed, transitional authorities announced the `total liberation` of Libya, in a joyous declaration from the eastern city of Benghazi, birthplace of the eight-month conflict. In a country with two governments -- one internationally recognised and the other self-declared -- the anniversary comes at a time of deadly clashes between pro- and anti-government militias in Benghazi and west Libya. `When the country`s `liberation` was announced, our ambition was to become a new Dubai thanks to oil revenues,` said Mohamed al-Karghali, a 39-year-old teacher who fought in the revolt.


Thursday, October 23, 2014  05:21

NYTimes

Middle East - At War: An Iraq Veteran`s Experience With Chemical Weapons


Mr. Ismay, a former Navy explosive ordnance disposal officer, found chemical weapons in Iraq his first week.


Thursday, October 16, 2014  21:19

NYTimes

Middle East - At War Blog: An Iraq Veteran`s Experience With Chemical Weapons


John Ismay, a former Navy explosive ordnance disposal officer, found chemical weapons in Iraq his first week.


Thursday, October 16, 2014  18:16

Yahoo

Business - S&P 500 on track for best five-day rally since 2011


By Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks rose on Wednesday, with the S&P 500 up for a fifth straight day as technology companies rallied on strong results, though weakness in Boeing weighed on the Dow. With the session`s advance, which builds on Tuesday`s jump of about 2 percent, the S&P 500 is up 4.5 percent over the past five sessions, putting it on track for the biggest five-day rally since December 2011. The day`s gains were broad, with eight on the S&P`s ten primary sectors rising. ...


Wednesday, October 22, 2014  17:46

Yahoo

Business - Earnings lift Wall St. for fifth straight day


By Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks edged higher on Wednesday, with the S&P 500 up for a fifth straight day as technology companies rallied on strong results, though weakness in Boeing weighed on the Dow. With the session`s advance, which builds on a jump of about 2 percent on Tuesday, the S&P 500 is up 4.5 percent over the past five sessions, putting it on track for the biggest five-day rally since December 2011. Tech names were among the market`s biggest advancers a day after both Yahoo Inc and Broadcom beat revenue expectations. Broadcom shares climbed 7.2 percent to $40. ...


Wednesday, October 22, 2014  16:33

Yahoo

Business - Wall St. on track for fifth straight daily gain


By Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks edged higher on Wednesday, with major indexes up for a fifth straight day as technology companies rallied again on strong results. With the session`s advance, which builds on a jump of about 2 percent on Tuesday, the S&P 500 is up about 4.5 percent over the past five sessions, putting it on track for the biggest five-day rally since December 2011. The gains were largely driven by earnings, with tech names among the biggest gainers of the day. ...


Wednesday, October 22, 2014  15:38

USATODAY

World - Dramatic video shows Colombian military operation


Dramatic video emerges showing the 2011 bombing operation that killed Columbia`s top FARC rebel leader Alfonso Cano. Mana Rabiee reports. Video provided by Reuters


Wednesday, October 22, 2014  03:29

Yahoo

World - Japan prosecutors set to rule on possible Fukushima indictments


TOKYO (Reuters) - Japanese prosecutors must decide this week whether to charge Tokyo Electric Power Co executives for their handling of the 2011 Fukushima disaster, in a process that could drag the operator of the stricken nuclear plant into criminal court. The judicial review is unlikely to see Tepco executives go to jail, legal experts say, but rehashing details of the meltdowns and explosions that followed an earthquake and tsunami will cast a harsh light on the struggling utility and will not help Prime Minister Shinzo Abe`s unpopular effort to restart Japan`s nuclear reactors. ...


Wednesday, October 22, 2014  03:29

Yahoo

World - Lawmakers in Japan`s tsunami-hit region eye casino to hasten recovery


By Ritsuko Ando SENDAI Japan (Reuters) - Business and political leaders in northeastern Japan are betting on a casino as the brightest hope to speed reconstruction in a region battered by the devastating 2011 earthquake and tsunami. Supporters of the plan for a casino near the northeastern city of Sendai are not publicizing their efforts yet, as they expect strong opposition from residents on the grounds that a casino would exploit victims of the disaster. But they hope to campaign openly once lawmakers in Tokyo pass a measure to legalize casinos. ...


Tuesday, October 21, 2014  22:28

Yahoo

Business - NY Fed spotted JPMorgan `Whale` risks four years before scandal: report


WASHINGTON (Reuters) - The New York Federal Reserve knew about risks J.P. Morgan faced from certain credit derivative exposure as early as 2008, but failed to act properly to head them off, the central bank`s inspector general said on Tuesday. The Fed`s Office of Inspector General said one of the key flaws it uncovered in its probe of the so-called London Whale case was the New York Fed`s over-reliance on certain personnel, who left the supervisory team in 2011. That created a `significant loss of institutional knowledge` within the New York Fed team assigned to inspecting J.P. ...


Tuesday, October 21, 2014  16:16

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