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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


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


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


World - Tunisia vote offers post-Arab Spring hope

Tunis (AFP) - Tunisians vote Sunday to elect their first parliament since the country`s 2011 revolution, in a rare glimmer of hope for a region torn apart by post-Arab Spring violence and repression.

Tuesday, October 21, 2014  05:31


World - Syngenta lawsuit against Bunge over GMO corn revived on appeal

By Tom Polansek CHICAGO (Reuters) - A federal appeals court has opened the door for Syngenta Seeds to revive a lawsuit it brought against Bunge North America in 2011 over the agribusiness company`s refusal of a type of genetically modified corn. An opinion in the case came on Monday as Syngenta and its parent company, Swiss-based Syngenta AG, have become the target of lawsuits over the same variety of corn, Agrisure Viptera. A three-judge panel of the U.S. ...

Tuesday, October 21, 2014  00:58


World - Gaddafi cousin hopes to participate in Libyan peace talks

By Ulf Laessing CAIRO (Reuters) - A cousin and former aide of Muammar Gaddafi said he wants to take part in proposed talks aimed at bringing together Libya`s warring parties, in a rare bid by a member of the ex-ruler`s inner-circle to regain influence. The Gaddafi family has kept a low profile since the 2011 uprising in which the leader was killed, ending 42 years of one-man rule. Rival armed groups have since battled for power, pushing the internationally-recognised government from the capital and raising fears of a full-scale civil war. ...

Monday, October 20, 2014  17:51


World - U.N. would offer humanitarian support in Syria safe zones: Amos

By Jonny Hogg ANKARA (Reuters) - The United Nations would offer humanitarian assistance for proposed `safe zones` inside Syria even if they were created without a Security Council resolution, the U.N.`s top humanitarian official Valerie Amos said on Monday. An estimated 3 million people have fled Syria since 2011, when an uprising began against President Bashar al-Assad. About half of them are in neighbouring Turkey, which wants the zones to be set up in Syria close to the its border where civilians could be protected from the civil war. ...

Monday, October 20, 2014  17:15


World - Japan PM to appoint Yoichi Miyazawa as METI minister: media

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe will appoint Yoichi Miyazawa as new trade and industry minister, Nippon Television Network reported on Monday, after the incumbent resigned over questionable political funds spending by her support groups, followed shortly by the justice minister. The new head of the powerful Ministry of Economy, Trade and Industry (METI) will be tasked with implementing Abe`s policy of restarting nuclear reactors that went offline after the March 2011 Fukushima nuclear disaster. A majority of voters, worried about safety, oppose the restarts. ...

Monday, October 20, 2014  10:30


Technology - Paralysed groom walks down the aisle

Matt Ficarra, who was paralysed from the chest down in 2011, walked at his wedding in the US thanks to a robotic `exoskeleton`.

Monday, October 20, 2014  09:54


World - Japanese PM Abe suffers setback as two ministers quit

By Linda Sieg TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe suffered his biggest setback since taking office in December 2012 when his high-profile trade and industry minister quit on Monday over the dubious use of political funds and the justice minister also resigned. The resignations of the two women could complicate tough decisions on key policies, including whether to go ahead with an unpopular plan to raise the sales tax and planned restarts of nuclear reactors shut down after the 2011 Fukushima disaster. ...

Monday, October 20, 2014  09:36

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