Archive for December, 2011

China factories struggle, policy action seen ahead (Reuters)

December 31, 2011
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Reuters – China’s big manufacturers narrowly avoided a contraction in December a survey showed on Sunday, but downward risks persist and suggest the world’s second’s second-largest economy will need fresh policy support to counter a slowdown in growth.
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Days Before Iowa Contest, Romney And Paul In Lead

December 31, 2011
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A new poll by The Des Moines Register late Saturday showed Mitt Romney and Ron Paul statistically even, with Santorum in third. With the stakes high, the candidates pressed their closing messages Saturday and released final TV ads while volunteers and staffers canvassed the state to both persuade undecided and mobilize backers. » E-Mail...
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Washington to be first state to top $9 minimum wage (Reuters)

December 31, 2011
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Reuters – Washington will be the first state to require a minimum wage of more than $9 an hour when it joins seven other states on Sunday in automatically adjusting salaries to keep up with inflation.
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Obama Signs Defense Bill, With ‘Reservations’

December 31, 2011
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The president’s signature caps months of wrangling over how to handle captured terrorist suspects without violating Americans’ constitutional rights. The White House initially threatened to veto the $662 billion bill, but dropped the warning after Congress made last-minute changes. » E-Mail This     » Add to Del.icio.us
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Analysis: Iowa race leaves GOP identity unclear (The Arizona Republic)

December 31, 2011
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China moving to more convertible yuan: Zhou (Reuters)

December 31, 2011
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Reuters – China’s central bank governor argued in comments published on Saturday that Beijing does not control the yuan’s flow across borders as tightly as some think and that it is natural for the currency’s trading band to be widened over time.
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Veterans’ New Mission: Taking Care Of Their Own

December 31, 2011
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The founder of Iraq Veterans Against the War says while U.S. forces will no longer be deployed there, the mission of the organization continues. There’s a new focus, though: Members want returning veterans to have an easier road to reintegration than those who returned from Vietnam. Elizabeth Fiedler of WHYY in Philadelphia reports. »...
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U.S. To Sell $3.48B In Defense Technology To U.A.E.

December 31, 2011
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The deal with the United Arab Emirates, a close Mideast ally, includes 96 missiles, along with supporting technology and training intended to bolster the nation’s missile defense capacity. The sales is part of a larger U.S. effort to realign its defense policies in the Persian Gulf to keep Iran in check. » E-Mail This    ...
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December auto sales seen up 9 percent (Reuters)

December 30, 2011
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Reuters – U.S. new-vehicle sales for December are expected to show continued steady growth, but analysts say much of the gains are linked to buyers who delayed purchases and therefore will not an indicate a strengthening economy.
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Wave Of Arsons Blisters Jim Morrison’s Former Home In The Hollywood Hills

December 30, 2011
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Arsonists set as many as 21 fires in four hours after midnight Friday, and flames leapt to some houses, including one where the late Doors singer lived in the 1960s. » E-Mail This     » Add to Del.icio.us
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Spain says deficit bigger than expected, hikes taxes (Reuters)

December 30, 2011
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Reuters – Spain’s new government said on Friday that this year’s budget deficit would be much larger than expected and announced a slew of surprise tax hikes and wage freezes that could drag the country back to the centre of the euro zone debt crisis.
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‘Occupy’ Activists Urge Like-Minded to Participate In, Not Disrupt, Iowa Caucuses

December 30, 2011
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The struggle to keep the movement going, and activists engaged in work more incremental than immediate, is particularly acute right now in Iowa. Here, the Occupy effort has had a focus for the past few months: the presidential caucuses. But what happens after Jan. 3? » E-Mail This     » Add to Del.icio.us
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