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Economy gaining momentum, housing shows a pulse

New U.S. claims for jobless benefits rose last week but the underlying trend pointed to an improving labor market, while regional factory data showed the economy gaining momentum as the year ended.
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Health workers carry culled poultry for disposal at Gandhigram village, about 35 km (22 miles) west of Agartala, capital of India's northeastern state of Tripura, March 7, 2011.

WHO 'Deeply Concerned' by Mutated Birdflu Research

The World Health Organization issued a stern warning on Friday to scientists who have engineered a highly pathogenic form of the deadly H5N1 bird flu virus, saying their work carries significant risks and must be tightly controlled.
US Aircraft Carrier near Strait of Hormuz

Strait of Hormuz, Iran Threat Looms Large Into 2012 for U.S., World

As America begins to put its military pieces back together again after the end to a nine-year campaign in Iraq amid threats from Iran that it may close the Strait of Hormuz, the most vital corridor for oil-tanker traffic in the world, the reality is that another conflict may be looming in the Middle East.
H5N1 bird flu is extremely deadly in people who are directly exposed to it from infected birds. Since the virus was first detected in 1997, about 600 people have contracted it and more than half of them have died.

WHO Deeply Concerned by Mutated Bird Flu Research

The World Health Organization issued a stern warning on Friday to scientists who have engineered a highly pathogenic form of the deadly H5N1 bird flu virus, saying their work carries significant risks and must be tightly controlled.
Actress Sandra Bullock arrives at the 41st Annual NAACP Image Awards at the Shrine auditorium in Los Angeles

Predictions 2012: A Modest Proposal

World Peace. It just wouldn't be right to start without saying that, like any good Miss America contestant, thanks so much for that trope to Sandra Bullock and her star turn in Miss Congeniality.
Europe's Markets

Europe's Markets Inch Higher Friday at Mid-Day

European shares were poised to register their biggest annual drop since 2008 on Friday after a year marred by the Eurozone debt crisis that has threatened to drag down the global economy.
Asia's Markets

Nikkei, Asia Markets Close Higher Friday, Japan Down 17% for 2011

Japan's leading share average ended higher on Friday but marked a 17 percent loss for 2011, a tumultuous year in which massive natural disasters triggered a nuclear crisis and Europe's debt turmoil drained volumes, leaving investors uncertain of a turnaround next year.
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Reddit and Paul Ryan: Could A Model for 2012 Upstarts Emerge In Rob Zerban?

For arguably the first time, the new dynamic of online advocacy has stepped into the political realm, targeting Rep. Paul Ryan, R-Wis., and his 2012 re-election bid. And an emboldened online community seems deadset on using the blunt force of an Election Day loss to change the Congressman's mind on key legislation.
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China's factories falter, pro-growth policies eyed

China's factory activity shrank again December as demand at home and abroad slackened, a purchasing managers' survey showed on Friday, reinforcing the case for pro-growth policies to underpin the world's second-largest economy.
Gold bricks

Gold Prices Rebound on Bargain Hunting

Gold prices began the final trading day of 2011 higher as bargain hunters took advantage of a recent downdraft that has left the metal with its first fourth-quarter loss in more than three years.

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