WORLD

China says climate talks must tackle rich CO2 cuts

EU to ban industrial gas credits

The European Commission announced plans on Thursday to ban trading credits related to certain industrial gases from its Emissions Trading System (ETS) starting from 2013.

Zuma heads to Harare to save Zimbabwe coalition from collapse

Zuma heads to Harare as Zimbabwe coalition appears to be on the verge of collapse
South African president Jacob Zuma set off to Harare on Friday expecting to even out the disputes of Zimbabwe's power-sharing government which is almost on the verge of collapse. The Zimbabwe standoff worsened as Prime Minister Morgan Tsvangirai filed a lawsuit against ruling president Robert Mugabe accusing him of violating the global political agreement (GPA) signed between them.
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A local resident looks around damaged houses on Yeonpyeong Island

South Korean defense minister quits

Two days after the North Korean artillery attack, heads began rolling down in the government of South Korea and the first one was Defense Minister Kim Tae-young, who resigned on Thursday taking responsibility for the country's timid response.
A turkey looks around its enclosure at Seven Acres Farm in North Reading, Massachusetts, November 24, 2010, one day before the Thanksgiving holiday in the U.S.

The bird is in the house

That homegrown American genius and Founding Father Benjamin Franklin was of the opinion that the national bird should be the turkey. The other Founding Fathers overruled him, obviously. Nonetheless, the turkey has in a way become the nation’s bird – the one most Americans want perfectly cooked and centerpiecing their tables for the two biggest feasts of the year.
Five Color Security Alert

US could scrap color-coded terror alerts

The United States is considering abandoning the 8-year-old color coded terror alert system amid criticism from U.S. lawmakers and public protests, according to media reports.
Obama calls for elimination of Uganda's rebel group

Obama calls for elimination of Uganda's rebel group

United States President Barack Obama has announced intent to take on the Uganda's most feared Lord's Resistance Army (LRA). Responding to US legislation passed in May this year, Obama declared his four-point strategy which called for disarmament of Joseph Kony-led LRA fighters.
Global Warming is ‘Shrinking’ Animals: Research

Polar bears designated a 'critical habitat' in Alaska

More than 187,000 square miles of on-shore barrier islands in Alaska have been designated a 'critical habitat' for polar bears. The move welcomed by environmentalists is aimed at tackling the threat of extinction of the species.
Melbourne and Sydney airports

Pat-down row rages as travelers decry privacy-stripping rules

The raging row over pat-downs and new body scanning rules at airports in the U.S. continued unabated on the Thanksgiving eve with holiday travelers threatening a pre-Thanksgiving no-fly-day boycott even as President Obama instructed the Transportation Safety Administration (TSA) to make airport security measures less intrusive.
Russia's President Dmitry Medvedev (R)

Russia gets closer to joining WTO after 17 years

After nearly a 17-year long wait, Russia could finally be a member of the World Trade Organization by 2011, as it finally reached a deal with European Union, the last opposing member, on Wednesday.
Civil war in Sudan could cost $100 bn

A reignited civil war in Sudan could cost $100 bn : Report

A reignited civil war after the Southern Sudan referendum on independence could cost the International community and the country at least $100 billion, a think-thank report said. The January 9 vote is likely to go in the favor of the oil-rich South Sudan's demand of secession from the North. Tensions have been escalating in the region with reports of a fresh wave of attacks led by the government troops on South Sudan regions.
Nymex WTI futures performance versus USD index - OPEC data

OIL OUTLOOK: How long will it stay ranged? Will it rise above $100?

Dollar, Korea, Ireland, Asian demand, inventories and technicals - a lot of things are weighing on oil now. But market participants find the question if the commodity has reached its bottom technically and on robust demand in some regions, or will a dollar rally or geopolitical developments force it break below the current range, tough to answer.
Sarah Palin's latest gaffe, calls North Korea an "ally"

Sarah Palin's latest gaffe: Calls North Korea an 'ally'

Within days after she announced her intention to run for the President, Sarah Palin, the former governor of Alaska, is caught up with yet another gaffe. This time, referring to North Korea as an ally of the United States.
Sarah Palin's latest gaffe, calls North Korea an "ally"

Sarah Palin's latest gaffe, calls North Korea an 'ally'

Within days after she announced her intention to run for the President, Sarah Palin, the former governor of Alaska is caught up with yet another gaffe. This time, referring to North Korea as an ally of the United States.
People stand beside houses, destroyed after they were hit by artillery shells fired by North Korea, on Yeonpyeong Island

North Korea fired 'thermobaric weapons', says South

Authorities in Seoul inspecting the debris on Yeonpyaong Island after the North Korea attack suspect that thermobaric weapons were used. The bombs are aimed at increasing the number of casualties and causing severe structural damage at the same time.
A humpback whale's tail comes out of the water during a ride on the Les Ecumeurs boat on the St. Lawrence river at Les Escoumins, Quebec, August 13, 2009.

U.S. condemns Iceland's whaling ways

Iceland’s decision to resume international trade in whale meat with Japan brought a sternly worded response from U.S. Commerce Secretary Gary Locke.
backscatter tech image

Johns Hopkins Unhappy With TSA Shout Out

The Transportation Security Administration is referencing a Johns Hopkins study on its web site, saying that the full-body x-ray scanners are safe to use. But the university's scientists are unhappy with the way that study is being used.
Security Check at Airport

TSA officials defend pat-downs

Government officials are mounting a campaign ahead of the busy holidays to explain why some holiday travelers may be subjected to airport security pat-downs requiring officers to touch their breasts and genitals.
China's Premier Wen Jiabao

Focus shifts to China to gauge impact of North Korean attacks

A day after North Korea's artillery attack on the South Korean island, the U.S. decided to send the aircraft carrier George Washington and a number of accompanying ships into the region for joint exercises besides sounding China, the sole ally of Pyongyang, to restrain Pyongyang from further attacks.
India top court defers view on PM role in scandal

Corruption stalks India's banking sector, 8 top officials arrested

India's Central Bureau of Investigation (CBI) said on Wednesday it has arrested India's state-run LIC Housing Finance CEO, general manager of state-run Central Bank of India and a deputy manager of Punjab National Bank in connection with an alleged fake home loans scandal.
Nitish Kumar on the victory trail in Bihar elections

Development mantra hogs limelight in India's Bihar

Bihar, India’s third most populous state voted Janata Dal (United)’s-Bharatiya Janata Party combine to power with a thumping majority to give Nitish Kumar a second term as chief minister of the state, giving a drubbing to the rival combine of Lalu Prasad and Ram Vilas Paswan, decimating the Congress.
A graph shows the official U.S. unemployment rate (in red) since January of 2009 and a calculation for the same period of the unemployment rate adjusted to include the number of people who left the labor force.

Fed's weak employment outlook dampens Q3 GDP data

Pessimistic outlook about unemployment from the U.S. Federal Reserve overshadowed reports stating the economy grew faster in the third quarter. The Fed expects unemployment to remain high over the next couple of years, hovering around 8.9 percent to 9.1 percent next year. It had previously forecast unemployment rate between 8.3 percent and 8.7 percent.

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