BERLIN : The euro is not currently overvalued and exchange rates should not be used to try and boost competitiveness, the German government said Wednesday, rejecting French calls for ways to cap the single currency's recent rise."The German government is of the conviction that the euro, historically speaking, is currently not overvalued," government spokesman Steffen Seibert told a news...
Panetta: Military faces 'readiness crisis'
Labels: LifestyleSTORY HIGHLIGHTSPresident Obama and Congress are battling over automatic spending cutsSecretary Panetta says political partisanship threatens U.S. stability"This is not a game. This is reality," Panetta says of reduced readinessThe across-the-board cuts will take effect March 1 unless Congress actsWashington (CNN) -- Furloughed workers, reduced combat readiness, shrunken naval operations and cuts...
Boy Scouts push back decision on allowing gay members
Labels: Health IRVING, Texas The Boy Scouts of America's national executive board has delayed a decision on whether to lift its longstanding ban on gay scouts and leaders. BSA said Wednesday the organization will take action on the resolution at its national meeting in May. The organization said last week it was considering a shift of its policy, which has led officials to remove gay leaders and scouts. That...
Hostage Taker Waged Firefight With SWAT Agents
Labels: Business Jimmy Lee Dykes, the man who held a 5-year-old boy hostage for nearly a week in an underground bunker in Alabama, had two homemade explosive devices on his property and engaged in a firefight with SWAT agents before they stormed the bunker and killed him, according to the FBI.One explosive device was found inside the bunker and another was located in the PVC pipe negotiators...
Feb
05
Richard III still the criminal king
Labels: WorldRichard III on stage and screenRichard III on stage and screenRichard III on stage and screenRichard III on stage and screenRichard III on stage and screenRichard III on stage and screenRichard III on stage and screenRichard III on stage and screenRichard III on stage and screenRichard III on stage and screenRichard III on stage and screenRichard III on stage and screen<<<123456789101112>>>STORY...
China women look for financial security in marriage
Labels: Technology SHANGHAI: Financial security in marriage ranks high among women in China.That's according to the latest Chinese marriage report which shows that nearly 80 per cent of Chinese women look for partners who earn twice what they do.And more than half of them want full access to their future husbands' salary.Xizhiyuan match-making company has been in business for 13 years. They have noticed...
Source: Authorities feared kidnapper's mental state
Labels: LifestyleSTORY HIGHLIGHTSNEW: Jimmy Lee Dykes' mental state was declining, a law enforcement source saysNEW: The FBI's hostage rescue team freed the boy, the source saysNEW: An FBI shooting review board is on its way to the scene, a spokesman saysNEW: The boy remains hospitalized, his school principal saysMidland City, Alabama (CNN) -- The rescue of a kindergartner from the underground bunker where he had...
Buyout firm Silver Lake purchases Dell for $24.4B
Labels: Health ROUND ROCK, Tex. Slumping personal computer maker Dell is bowing out of the stock market in a $24.4 billion buyout that represents the largest deal of its kind since the Great Recession dried up the financing for such risky maneuvers. The complex agreement announced Tuesday will allow Dell's management to attempt a company turnaround away from the glare and financial pressures of Wall Street. Dell...
Boy Rescued in Ala. Standoff 'Laughing, Joking'
Labels: Business The 5-year-old boy held hostage in a nearly week-long standoff in Alabama is in good spirits and apparently unharmed after being reunited with his family at a hospital, according to his family and law enforcement officials.The boy, identified only as Ethan, was rescued by the FBI Monday afternoon after they rushed the underground bunker where suspect Jimmy Lee Dykes, 65, was...
Feb
04
'Stop whining about right-wing media'
Labels: WorldFormer vice president Al Gore promotes his new book, "The Future" on January 30, 2013 in New York City. STORY HIGHLIGHTSAl Gore says right-wing media help account for resistance to Democrats' policiesPresident Barack Obama said media coverage could determine future of bipartisanshipHoward Kurtz: Fox News, Rush Limbaugh have influence, but White House has bigger voiceHe says conservative media gained...
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