Nov
28

‘Fiscal cliff’ talks bogged down by dispute over cost of retirement programs

Negotiations to avert the year-end “fiscal cliff” advanced at a glacial pace Wednesday, with a dispute over how to tackle the soaring cost of federal retirement programs emerging as the latest roadblock to progress. Democrats complained that Republicans have yet to name their price for enacting legislation that would preserve tax cuts for the vast majority of Americans next year while...
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Manning's suicide watch at US brig "senseless": doctor

FORT MEADE, Maryland: A US military psychiatrist testified on Wednesday that the harsh detention of WikiLeaks suspect Bradley Manning was "senseless" and that commanders totally ignored his advice to lift tough suicide watch measures.Captain William Hoctor, a Navy doctor who evaluated Manning about every week during his confinement at a Marine Corps brig in Quantico, Virginia, told the...
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Indira Gandhi lent Indian politics the dynastic shift: Ramachandra Guha

BANGALORE: The Congress led by Indira Gandhi fostered a generation of hero worship and dynasty politics after 1969. This inspired many others like Muthuvel Karunanidhi, who started off with noble intentions to fight against caste discriminations, to do the same and has led to a centralization of politics in present India, said Ramachandra Guha, on Wednesday. He was speaking during the launch of...
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Caterpillar Fungus Has Anti-Inflammatory Properties

In the Tibetan mountains, a fungus attaches itself to a moth larva burrowed in the soil. It infects and slowly consumes its host from within, taking over its brain and making the young caterpillar move to a position from which the fungus can grow and spore again. Sounds like something out of science fiction, right? But for ailing Chinese consumers and nomadic Tibetan harvesters, the parasite...
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Factory Workers: We Were Locked in, Flames Spread

More survivors of the factory fire in Bangladesh that killed more than 100 garment workers this weekend have told human rights and international labor groups they were actually locked in by security gates as the flames spread."The police and the fire department are confirming that the collapsible gates were locked on each floor," said Charles Kernighan, executive director of...
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Nov
27

Keeping the financial regulators on their toes

When members of Congress need factual information and insights into the effectiveness of the financial laws put in place after the 2008 economic crisis, they regularly turn to the Government Accountability Office (GAO) and Orice Williams Brown. Initially as director and now as managing director of the GAO’s financial markets and community investment section, Brown and her staff have issued...
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US again says China not currency manipulator

WASHINGTON: The US Treasury on Tuesday again stopped short of labeling China a currency manipulator, noting gains in the value of the yuan, but said the currency remains "significantly undervalued."In a twice-yearly finding to answer congressional critics of China's overwhelming bilateral trade advantage, the Treasury declined to slap Beijing with the currency manipulator tag, a move that...
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Mamata to decide on voting over FDI

KOLKATA: With the Congress likely to garner a majority in Parliament over the FDI issue, the Trinamool Congress is yet to carve out its strategy in Parliament, in case Lok Sabha Speaker Meira Kumar allows the debate under rule 184. Trinamool leaders have left it to Trinamool chief Mamata Banerjee to decide whether the party will stage a walkout along with parties such as Samajwadi Party and Bahujan...
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Pictures: Falcon Massacre Uncovered in India

Photograph courtesy Conservation IndiaA young boy can sell bundles of fresh Amur falcons (pictured) for less than five dollars. Still, when multiplied by the thousands of falcons hunters can catch in a day, the practice can be a considerable financial boon to these groups.Since discovering the extent of Amur hunting in Nagaland this fall, Conservation India has taken the issue to the local Indian...
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Justice, House Try to Resolve Fast and Furious Suit

Nov 27, 2012 3:25pm The Justice Department said Tuesday that they will try to settle a lawsuit seeking to enforce a subpoena sought by the House Oversight and Government Reform committee to obtain documents related to the ATF’s botched gun trafficking case Operation Fast and Furious.Ian Gershengorn, the Justice Department deputy assistant attorney general,  and...
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