from CNN.com - Top Stories http://ift.tt/1ucNnyY
Sunday, August 31, 2014
Wrestlers travel to North Korea
from CNN.com - Top Stories http://ift.tt/1ucNnyY
Vows of civil disobedience
from CNN.com - Top Stories http://ift.tt/1wYF2oc
U.N.: 43 peacekeepers captured
from CNN.com - Top Stories http://ift.tt/XVFO5Z
Publicist: Lawrence photos stolen
from CNN.com - Top Stories http://ift.tt/1u4RZs7
Beheadings in ISIS camp for children
from CNN.com - Top Stories http://ift.tt/1lhQlCG
Empty U.S. embassy as water park
from CNN.com - Top Stories http://ift.tt/VZINbV
Lesotho PM alleges army coup attempt
from CNN.com - Top Stories http://ift.tt/1vBH6Rl
Russian rebels press forward
from CNN.com - Top Stories http://ift.tt/1sTCyRJ
Russia nearing 'point of no return'
from CNN.com - Top Stories http://ift.tt/1wRGwAs
Ukrainian plane crashes in Algeria
from CNN.com - Top Stories http://ift.tt/1lnfAUe
China says no to open elections in Hong Kong
from CNN.com - Top Stories http://ift.tt/W1jMNd
Hong Kong-China relations
from CNN.com - Top Stories http://ift.tt/1lDluAY
Kerry: Cancer of ISIS must not spread
from CNN.com - Top Stories http://ift.tt/1zWDM0Q
Ferrer, Sharapova stunned in US Open
from CNN.com - Top Stories http://ift.tt/1ngMjGs
Elvis Presley's jets for sale
from CNN.com - Top Stories http://ift.tt/1vAQAwn
Liverpool swat Spurs aside
from CNN.com - Top Stories http://ift.tt/1qZaAWe
Are atheists 'unelectable' in U.S.?
from CNN.com - Top Stories http://ift.tt/1pxfDxP
Father: I took son for treatment
from CNN.com - Top Stories http://ift.tt/1pxfDho
Abuse scandal shocks nation to core
from CNN.com - Top Stories http://ift.tt/1n4wSkC
Russia-Ukraine: Fog lifts, now it's war
from CNN.com - Top Stories http://ift.tt/VSLJY2
What is Russia doing in Ukraine?
from CNN.com - Top Stories http://ift.tt/1newyzz
ISIS vs. al Qaeda: How they differ
from CNN.com - Top Stories http://ift.tt/Y3Dp9i
Israeli soldier's death raises Gaza toll
from CNN.com - Top Stories http://ift.tt/1nfJfdx
Prison in Somalia attacked; 11 dead
from CNN.com - Top Stories http://ift.tt/1pYPyqN
Missing cancer boy's parents arrested
from CNN.com - Top Stories http://ift.tt/1nfcwoR
Israel shoots down drone near Syria
from CNN.com - Top Stories http://ift.tt/Y3fWVR
Iraqi forces enter town of Amerli
from CNN.com - Top Stories http://ift.tt/1rHlEK8
Can Real Madrid end Liverpool jinx?
from CNN.com - Top Stories http://ift.tt/1sJhInQ
Ukraine warns of 'full-scale war' risk over Russia crisis
from CNN.com - Top Stories http://ift.tt/1ndWbR7
Why did forces leave border?
from CNN.com - Top Stories http://ift.tt/VWPknN
Quake hits northern California
from CNN.com - Top Stories http://ift.tt/1ndWbAF
U.S. strikes ISIS near siege town
from CNN.com - Top Stories http://ift.tt/1CfoPLz
No strategy? Obama sparks uproar
from CNN.com - Top Stories http://ift.tt/1zShDAQ
Pakistan protests turn deadly
from CNN.com - Top Stories http://ift.tt/1Cf7ylJ
Reclining seats spark new skirmish
from CNN.com - Top Stories http://ift.tt/1CapVrH
Rescuers tried to dig her out
from CNN.com - Top Stories http://ift.tt/1wVg6xV
9-year-old U.S. girl bured by sand
from CNN.com - Top Stories http://ift.tt/1qWlGex
Candy and fliers in KKK recruit drive
from CNN.com - Top Stories http://ift.tt/1CeRHU2
Saturday, August 30, 2014
'Point of no return' looms?
from CNN.com - Top Stories http://ift.tt/1qVtBc2
Pakistan PM stays put amid protests
from CNN.com - Top Stories http://ift.tt/1ucFd9Q
U.N. peacekeepers attacked
from CNN.com - Top Stories http://ift.tt/1qUYa1p
Ebola outbreak spreads to Senegal
from CNN.com - Top Stories http://ift.tt/1vtYabQ
Despite threat, London busy
from CNN.com - Top Stories http://ift.tt/1nbQKC9
UK raises terror threat level to severe
from CNN.com - Top Stories http://ift.tt/1sQ4bLm
U.S. Open: Qualifier humbles Kvitova
from CNN.com - Top Stories http://ift.tt/1vXces3
Marquez on pole at Silverstone
from CNN.com - Top Stories http://ift.tt/1qUovNe
Chelsea win thriller as rivals stumble
from CNN.com - Top Stories http://ift.tt/1qUovN2
Iran: Sanctions crime against humanity
from CNN.com - Top Stories http://ift.tt/1qUl74V
First openly gay NFL player released
from CNN.com - Top Stories http://ift.tt/1nb7JEF
2 more given drug survive Ebola
from CNN.com - Top Stories http://ift.tt/1nb7Jop
U.S. mobile home fire leaves 6 dead
from CNN.com - Top Stories http://ift.tt/1qTenEn
McCartney tells Scotland to stay in UK
from CNN.com - Top Stories http://ift.tt/1lnS3Ta
Fears for missing brain tumor boy
from CNN.com - Top Stories http://ift.tt/VVe7bY
Putin issues "warning" to critics
from CNN.com - Top Stories http://ift.tt/1wMBIwd
Ukrainian volunteer troops retreat
from CNN.com - Top Stories http://ift.tt/1wMBIfV
'Coup' in Lesotho, PM flees
from CNN.com - Top Stories http://ift.tt/1vwUYw6
What could the U.S. do to fight ISIS?
from CNN.com - Top Stories http://ift.tt/1ljKqgl
Soldiers killed in Iraq suicide bomb
from CNN.com - Top Stories http://ift.tt/1peJZPI
Dozens hurt in Canada bus crash
from CNN.com - Top Stories http://ift.tt/1qREGut
Judge deals blow to abortion law
from CNN.com - Top Stories http://ift.tt/1peJZPH
Ukrainian plane crashes in Algeria
from CNN.com - Top Stories http://ift.tt/1lnfAUe
Pakistani military wades into crisis
from CNN.com - Top Stories http://ift.tt/1pc75q1
Volcanoes erupt in Iceland, PNG
from CNN.com - Top Stories http://ift.tt/1lne4S1
Kerry: Cancer of ISIS must not spread
from CNN.com - Top Stories http://ift.tt/1zWDM0Q
Putin warns: Don't come after a nuclear-armed Russia
from CNN.com - Top Stories http://ift.tt/1wRGwAs
Russian troops spotted in Ukraine
from CNN.com - Top Stories http://ift.tt/1tjbSgW
Gunmen hit Afghan spy agency
from CNN.com - Top Stories http://ift.tt/1psDhLX
Rescuers free trapped miners
from CNN.com - Top Stories http://ift.tt/1psB2rQ
Fearful mood in Baghdad
from CNN.com - Top Stories http://ift.tt/1rFAwse
Marina gains momentum
“A PASSING wave.” That is how Aécio Neves, the presidential candidate of the centre-right Party of Brazilian Social Democracy (PSDB), earlier this week dismissed the rising popularity of Marina Silva. Ms Silva was propelled to the top of the centrist Brazilian Socialist Party (PSB) ticket in the wake of the tragic death in a plane crash two weeks ago of its leader and candidate, Eduardo Campos. “Groundswell” would have been a more appropriate description. Nor does it look like dissipating any time soon.
Support for Ms Silva, a former environment minister and green activist, has surged from 21% in the days immediately following the accident to 34%, according to a poll published on August 29th by Datafolha. With five weeks left before the election this pushes Mr Neves into distant third and puts Ms Silva neck and neck with President Dilma Rousseff, who had until now enjoyed a healthy first-round lead. In a second-round run-off, the Datafolha poll has Ms Silva...Continue reading
from Americas view http://ift.tt/1n7wiCE
Abuse scandal shocks nation to core
from CNN.com - Top Stories http://ift.tt/1n4wSkC
Friday, August 29, 2014
Author: 'Putin created a monster'
from CNN.com - Top Stories http://ift.tt/1tiM44B
Opinion: Fog lifts; now it's war
from CNN.com - Top Stories http://ift.tt/VSLJY2
Uzi girl finds support in grieving family
from CNN.com - Top Stories http://ift.tt/1prlGUy
Reporters find 'laptop of doom'
from CNN.com - Top Stories http://ift.tt/1prSkW9
Putin rival: He wants a deal
from CNN.com - Top Stories http://ift.tt/VTF0wM
Venus exits after U.S. Open epic
from CNN.com - Top Stories http://ift.tt/VTF2ot
Ebola: Your questions answered
from CNN.com - Top Stories http://ift.tt/1tTZWQB
Does UK have a jihadi problem?
from CNN.com - Top Stories http://ift.tt/1lffVs3
Can Real Madrid end Liverpool jinx?
from CNN.com - Top Stories http://ift.tt/1sJhInQ
'We don't have a strategy': Obama
from CNN.com - Top Stories http://ift.tt/1plw4xh
Obama's ISIS comment sparks uproar
from CNN.com - Top Stories http://ift.tt/1zShDAQ
How to make Putin back down
from CNN.com - Top Stories http://ift.tt/1zShFsC
Reclining seats spark new skirmish
from CNN.com - Top Stories http://ift.tt/1CapVrH
The man who fixed football
from CNN.com - Top Stories http://ift.tt/1ld3rRu
How much of a fix is football in?
from CNN.com - Top Stories http://ift.tt/1mRrpxa
How to buy a referee
from CNN.com - Top Stories http://ift.tt/1zJTQmE
Jihadists: Foley beheading justified
from CNN.com - Top Stories http://ift.tt/1sQDu9a
Cold War spy dies in jail
from CNN.com - Top Stories http://ift.tt/1wOkQVU
Did ISIS waterboard captives?
from CNN.com - Top Stories http://ift.tt/1tT1quq
Ebola breaks out in new country
from CNN.com - Top Stories http://ift.tt/1vtYabQ
Why is a 9-year-old firing an Uzi?
from CNN.com - Top Stories http://ift.tt/1wFga4G
UK raises terror threat level
from CNN.com - Top Stories http://ift.tt/1sQ4bLm
Foreign students: Coming and going
THE number of foreign students at universities in America reached a new high of 819,644 last year. Many of them came from China on F-1 visas, which are reserved for students. Chinese studying in America now number 200,000, up from 16,000 in 2003. Students from India, South Korea and Saudi Arabia also flock to America’s top-notch universities.
Foreign students contribute over $30 billion to the American economy, according to a new report from the Brookings Institution, a think-tank. But few are invited to stay past their studies. The number of H-1B visas, which are given to skilled foreign workers, has barely budged over the past decade (see chart). America is not trying to poach bright young minds, say officials. Research has shown that foreigners who study in America bring liberal values back home with them.But American employers want those bright minds to stick around. Foreign students often study in fields—like science, technology, engineering and maths—where America has skills shortages. Under pressure from business, the White House is considering giving thousands of high-tech workers new green cards. More far-reaching reforms, though, will...
from The Economist: United States http://ift.tt/VSPFYy
UK child sex abuse 'ignored'
from CNN.com - Top Stories http://ift.tt/1sPByhc
Can U.S. afford another $3 trillion war?
from CNN.com - Top Stories http://ift.tt/1mRrmBE
Ebola outbreak 'accelerating'
from CNN.com - Top Stories http://ift.tt/1sGYHCD
Three million Syrians have fled: U.N.
from CNN.com - Top Stories http://ift.tt/1sP6xtP
Systematic abuse ignored in UK town
from CNN.com - Top Stories http://ift.tt/1q7zL8O
Cold Russian winter ahead
from CNN.com - Top Stories http://ift.tt/1wABd8y
Why teens need to start school later
from CNN.com - Top Stories http://ift.tt/VV796k
Joan Rivers 'resting' in hospital
from CNN.com - Top Stories http://ift.tt/1th3Hlg
Brad Pitt and Angelina Jolie marry
from CNN.com - Top Stories http://ift.tt/XVpeDd
Putin: Pro-Russia rebels will let Ukrainian troops retreat
from CNN.com - Top Stories http://ift.tt/1wMBIwd
Some Ukrainian fighters retreat
from CNN.com - Top Stories http://ift.tt/1wMBIfV
How will the world respond?
from CNN.com - Top Stories http://ift.tt/VSgoEI
Miley's 'homeless' date faces arrest
from CNN.com - Top Stories http://ift.tt/1nH3gtA
Volcano erupts in Papua New Guinea
from CNN.com - Top Stories http://ift.tt/1vt0Ard
What could the U.S. do to fight ISIS?
from CNN.com - Top Stories http://ift.tt/1ljKqgl
Children taught about 'ISIS ideals'
from CNN.com - Top Stories http://ift.tt/1zMRHqt
ISIS boy recruit saw beheadings
from CNN.com - Top Stories http://ift.tt/1lhQlCG
Pakistani military wades into crisis
from CNN.com - Top Stories http://ift.tt/1pc75q1
Ukraine: 'Full-scale invasion' by Russia under way
from CNN.com - Top Stories http://ift.tt/1qBsNZK
Stop spy flights, China warns the U.S.
from CNN.com - Top Stories http://ift.tt/1AZHPvQ
Thursday, August 28, 2014
Gazans return to rubble
from CNN.com - Top Stories http://ift.tt/1qImljB
Should sites block violent videos?
from CNN.com - Top Stories http://ift.tt/1p9wd0D
6 questions about the crisis
from CNN.com - Top Stories http://ift.tt/VUgrQ7
U.S. lawsuit slams Ferguson police
from CNN.com - Top Stories http://ift.tt/VUgqMa
MH370 'may have turned earlier'
from CNN.com - Top Stories http://ift.tt/1pJEnCf
Army shooter asks to be ISIS citizen
from CNN.com - Top Stories http://ift.tt/1pOtqPC
Boston bombers' sister arrested
from CNN.com - Top Stories http://ift.tt/1p9riNh
Ukraine: A bumpy road to peace
from CNN.com - Top Stories http://ift.tt/1AS2ceq
Google reveals drone delivery tests
from CNN.com - Top Stories http://ift.tt/1ljmKsB
Wrestlers to face off in N. Korea
from CNN.com - Top Stories http://ift.tt/1vqybC5
Israel’s economy: Shekeled and bound
JUDGING by the actions of the Bank of Israel, Israel’s central bank, the economy is in worrying shape. The bank’s Monetary Committee, at its monthly meeting on August 25th, cut its main interest rate from 0.5% to 0.25%—the lowest on record.Few had seen the cut coming. Bond prices prior to the move had implied that there would be no change in rates for the next three months. The bank had only just cut rates by a quarter of a percentage point the month before, matching the previous record low. Furthermore, the statement accompanying July’s cut had a hawkish tone, implying that the cycle of interest-rate cuts that had begun in September 2011 was at, or near, its end.The main change since the July meeting has been the Israeli army’s latest incursion into Gaza, in response to rocket attacks on southern Israel. The hostilities have dented consumption, especially in the southern part of the country, near Gaza. Tourism, which accounts for 7% of Israel’s GDP, has slumped throughout the country, ruining this year’s peak summer season. But the Bank of Israel suggests that the fighting, and the drag on the economy it has...
from The Economist: Finance and economics http://ift.tt/XVz2gz
French political fiction: What if it were true?
ONE pleasure of the French summer is the publication of political fiction in media usually busy with the soap opera of real political life. During the holidays, reporters let their imaginations run wild. Improbable alliances, liaisons and betrayals are invented. Le Figaro, a conservative newspaper, ran a 17-part fictional series in August entitled “Hollande departs”. L’Opinion, another daily, ran a 14-part series originally called “The kidnapping of Arnaud Montebourg”.Other countries turn out political drama, from America’s “House of Cards” to Denmark’s “Borgen”. But the French seem keen on fiction based on real characters. In recent years directors have made films about serving, or recently active, politicians, including “La conquête”, a fictional portrayal of the rise to power of Nicolas Sarkozy, the former president. “Quai d’Orsay” was an entertaining glimpse into theatrics at the foreign office under a fictitious Dominique de Villepin, a former foreign minister.Television does it too. A French series, “L’Ecole du Pouvoir”, followed five characters who met at the elite Ecole Nationale d’Administration in the late 1970s, ahead of the election of a Socialist president, François Mitterrand, in 1981. One seemed rather like François Hollande, the incumbent; another resembled Ségolène Royal, his classmate, former partner and...
from The Economist: Europe http://ift.tt/1zKZ6qc
Berlin’s mayor: Wowi bows out
HIS 13-year reign as mayor of Berlin, Germany’s capital as well as one of its 16 federal states, coincided with the city’s rise as a metropolis of cool. Indeed, Klaus Wowereit personified much of what modern Berlin stands for. “I am gay and that is just fine,” he proclaimed in 2001, becoming the first candidate for state premier to out himself, and the stigma seemed gone at once.His description of Berlin as “poor but sexy” stuck. No matter that its schools are mediocre and its finances perpetually subsidised by richer states. Mr Wowereit partied hard in a party town, looking at ease even when sipping prosecco from stiletto heels. Usually donning an ironic smile under an errant strand of hair, he projected urbaneness, tolerance and cosmopolitanism. For years, he was considered a top talent by his Social Democratic Party.But his reputation took a tailspin along with his favourite project, a huge new airport. Co-financed by Berlin, the surrounding state of Brandenburg and the federal government, the new airport was due to open in June 2012 but keeps being delayed. Construction problems crop up everywhere and costs continue soaring. The airport and Mr Wowereit, chairman of its...
from The Economist: Europe http://ift.tt/1lymaaT
Michelangelo: The maestro’s maestro
Michelangelo: A Life in Six Masterpieces. By Miles Unger. Simon & Schuster; 432 pages; $29.95. Buy from Amazon.com, Amazon.co.ukMichelangelo: Complete Works. By Frank Zöllner, Christof Thoenes and Thomas Pöpper. Taschen; 736 pages; $200 and £120. Buy from Amazon.com, Amazon.co.ukMILES UNGER’S biography of Michelangelo Buonarotti focuses on six of the great man’s greatest hits. In an appendix the author tells readers where to find them in Rome and Florence, but, in passing, he makes an arresting remark about the first of them, the “Pietà ” in St Peter’s Basilica (pictured). Michelangelo was only 24 when he sculpted...
from The Economist: Books and arts http://ift.tt/1zL07OU
Modern Asian leaders: No unity in diversity
Makers of Modern Asia. Edited by Ramachandra Guha. Belknap Press; 385 pages; $29.95 and £22.95. Buy from Amazon.com, Amazon.co.ukTHE cliché of the “Asian century” is usually presented as an economic argument: that the startling growth of a number of Asian countries is shifting the centre of gravity of the global economy to the continent where the bulk of its people live. But, argues an Indian historian, Ramachandra Guha, in the introduction to this entertaining and illuminating collection of essays, “the politics matters just as much as the economics.” Modern Asia is of course also the result of the anti-colonial movements, wars and revolutions of the previous century. The justifiable conceit behind the book Mr Guha has edited is that a good way to understand this is to look at the national leaders thrown up by the tumult.The strength of the idea lies in the 11 leaders it covers and the expertise of the writers...
from The Economist: Books and arts http://ift.tt/1lymoP6
Prison in America: Protection rackets
The Social Order of the Underworld: How Prison Gangs Govern the American Penal System. By David Skarbek. Oxford University Press; 240 pages; $99 and £64. Buy from Amazon.com, Amazon.co.ukIN 2009 Edward John Schaefer drunkenly swerved his motorbike over a pavement in the town of Marin, California. He hit a father and his daughter. The girl died. Schaefer was jailed for life. Some ten days after arriving at San Quentin State Prison, Frank Souza, another inmate, stabbed Schaefer to death with a “bone-crusher”, a seven-inch homemade metal spear.The murder was not a random act of violence. Nor was it an example of the haphazard terrors of prison life. Mr Souza was a member of the Aryan Brotherhood, a prison gang. When asked why he did it, Mr Souza replied: “All I got to say, nine-year-old girl.” The killing was justice, determined and meted out by the gang. It was one...
from The Economist: Books and arts http://ift.tt/1zL03Pd
Fiction: Multiple imaginings
The Bone Clocks. By David Mitchell. Random House; 624 pages; $30. Sceptre; 595 pages; £20. Buy from Amazon.com, Amazon.co.ukDAVID MITCHELL’S novels are often made up of interconnecting novellas. His first, “Ghostwritten” (1999), started the trend, and his most accomplished, “Cloud Atlas” (2004), transported the reader through six distinct eras, from historical past to post-apocalyptic future. Mr Mitchell says he had hoped to write 70 stories for his sixth book, “The Bone Clocks”, but stopped far short. Even so, he takes greater risks than ever before—and, for the most part, pulls them off.The link in each section is Holly Sykes. At the start in 1984 she is a teenager in Gravesend on the south bank of the Thames, opposite Tilbury in Essex. After a row with her mother she runs away from home. In the book’s final novella, set in 2043, she is nearing the end of her days and fighting for survival on the west coast...
from The Economist: Books and arts http://ift.tt/1wIm3Ox
Libya paying price for Mideast divide?
from CNN.com - Top Stories http://ift.tt/1zFsoq3
Ukraine and Russia: War, not peace
THE war in Ukraine is intensifying, as Russia’s incursions into the east of the country become ever more brazen. On August 27th a column of Russian troops and equipment crossed the Russia-Ukraine border in the far south, at Novoazovsk, in an apparent attempt to open a new front outside the rebel-held areas and closer to Crimea. Ukraine’s security services released videos of ten Russian soldiers captured in eastern Ukraine. Reports have surfaced in Russia of mysterious funerals for members of Pskov’s 76th Airborne Division. As The Economist went to press, NATO was releasing photographic evidence showing that as many as 1,000 Russian soldiers are now in eastern Ukraine. And Petro Poroshenko, Ukraine’s president, declared baldly that “an invasion of Russian forces has taken place.”All this came after Mr Poroshenko met Vladimir Putin, for the first time since June, in the margins of a summit in Minsk. The meeting began icily and achieved little. Russia’s interests—keeping Ukraine out of NATO—have not changed. Even if many Russians are ready to buy claims of soldiers “accidentally” crossing the border, the rest of the world is not. Yet Mr Putin still maintains that...
from The Economist: Europe http://ift.tt/1mXo67O
Germany’s economy: Watching the wages
BLAMING Germany—or at least the austerity prescribed for the euro zone by Chancellor Angela Merkel—for Europe’s ills may be popular in France. But Germans are inclined, not without some pride, to see their economy as the strongest horse to pull the euro zone out of its misery. Hence the fear caused by a surprising update this month: real output shrank by a seasonally adjusted 0.2% in the second quarter from the first, and manufacturing by 1%.Part of the explanation was statistical. Thanks to a mild winter, there was more construction than usual in the first quarter. But geopolitical crises, especially in Ukraine, had a bigger impact. German exports to Russia have plummeted. Given the timing, the drop was due less to sanctions already imposed than to expectations of more to come. Russia accounts for only 3% of Germany’s total trade, so the losses were easily made up in higher exports elsewhere. More devastating is the rising uncertainty over Russia that is causing managers to delay investment. Germany’s Ifo business-climate index, a widely watched benchmark, fell in August.Aside from such new risks, however, the underlying German economy still...
from The Economist: Europe http://ift.tt/1mXo5AO
France’s government: Adieu, Cuba à la française
THE return to work after the summer break, known in France as la rentrée, is always a time of uncertainty and change. But nobody expected such a political upheaval. On August 25th the entire government was forced to resign after simmering disagreements over economic policy under President François Hollande erupted into the open. This prompted the eviction of anti-austerity ministers, and the formation of a fresh government under the same reformist prime minister, Manuel Valls. The upshot is greater clarity over economic policy, but more political uncertainty over putting it into effect.The turmoil began when Arnaud Montebourg, the firebrand left-wing industry minister, lashed out at the government’s economic policy in a newspaper interview and then at a political rally. Amid bottles of burgundy and plates of local chicken at a fête in his old constituency, Mr Montebourg denounced austerity. It was a “financial absurdity” and an “economic aberration”, he declared, and France should not be “aligning itself with the obsessions of the German right”.Mr Montebourg, who has a taste for theatrics, has seldom been shy about voicing disagreements...
from The Economist: Europe http://ift.tt/1C6dkpw
Corporate settlements in the United States: The criminalisation of American business
WHO runs the world’s most lucrative shakedown operation? The Sicilian mafia? The People’s Liberation Army in China? The kleptocracy in the Kremlin? If you are a big business, all these are less grasping than America’s regulatory system. The formula is simple: find a large company that may (or may not) have done something wrong; threaten its managers with commercial ruin, preferably with criminal charges; force them to use their shareholders’ money to pay an enormous fine to drop the charges in a secret settlement (so nobody can check the details). Then repeat with another large company.The amounts are mind-boggling. So far this year, Bank of America, JPMorgan Chase, Citigroup, Goldman Sachs and other banks have coughed up close to $50 billion for supposedly misleading investors in mortgage-backed bonds. BNP Paribas is paying $9 billion over breaches of American sanctions against Sudan and Iran. Credit Suisse, UBS, Barclays and others have settled for billions more, over various accusations. And that is just the financial institutions. Add BP’s $13 billion settlement over the Deepwater Horizon oil spill, Toyota’s $1.2 billion settlement over alleged faults in some...
from The Economist: Leaders http://ift.tt/VPXsqi
The euro zone: That sinking feeling (again)
JUST a few months ago the euro zone’s leaders believed that, having weathered the storm, they were set fair at last. Buoyed by the promise of Mario Draghi, the president of the European Central Bank, to do “whatever it takes” to support the currency, confidence had seeped back into the continent. Growth seemed to be returning, albeit at a slow pace. Troubled peripheral countries were recovering, after bail-outs and painful measures to cut budget deficits and improve competitiveness. Unemployment, especially among the young, was still desperately high, but at least in most countries it was falling. And bond spreads had narrowed sharply, as financial markets stopped betting that the euro would fall apart.It was an illusion. In recent weeks the countries of the euro zone have begun to take in water once again. Their collective GDP stagnated in the second quarter: Italy fell back into outright recession, French GDP was flat and even mighty Germany saw an unexpectedly large fall in output (see article). The third quarter looks...
from The Economist: Leaders http://ift.tt/VPXrlX
Russia accused of invasion
from CNN.com - Top Stories http://ift.tt/1rCgeQw
EU steps in to stop its milk souring
from CNN.com - Top Stories http://ift.tt/1sHLlpB
Why is a 9-year-old firing an Uzi?
from CNN.com - Top Stories http://ift.tt/1wFga4G
Ludogorets complete football fairytale
from CNN.com - Top Stories http://ift.tt/1mWyRqW
Libya violence: U.N. calls for sanctions
from CNN.com - Top Stories http://ift.tt/1wCSE8v
Freed journalist: 'I'm overwhelmed'
from CNN.com - Top Stories http://ift.tt/1C2F2Uc
Can U.S. afford another $3 trillion war?
from CNN.com - Top Stories http://ift.tt/1mRrmBE
Ebola death toll passes 1,550 -- WHO
from CNN.com - Top Stories http://ift.tt/1sGYHCD
No clues in Israel hunt for U.S. man
from CNN.com - Top Stories http://ift.tt/1C5vtUD
Second American 'dies with ISIS'
from CNN.com - Top Stories http://ift.tt/1wCCr34
Opinion: Cold Russian winter ahead
from CNN.com - Top Stories http://ift.tt/1wABd8y
UK report details systematic rape
from CNN.com - Top Stories http://ift.tt/1q7zL8O
Escobar's former hit man released
from CNN.com - Top Stories http://ift.tt/1q7zL8J
U.S. Coast Guard fires at Iranian boat
from CNN.com - Top Stories http://ift.tt/1qvBbtE
Police: Girl buried alive in India
from CNN.com - Top Stories http://ift.tt/1pkFA3J
Compensation for Fukushima suicide
from CNN.com - Top Stories http://ift.tt/VNfXeJ
Miley's 'homeless' date faces arrest
from CNN.com - Top Stories http://ift.tt/1nH3gtA
Behind the lines: Rebels bury dead
from CNN.com - Top Stories http://ift.tt/1l3kaXF
Fighting may be spreading
from CNN.com - Top Stories http://ift.tt/1tYIE3W
Kiev: Russian troops captured
from CNN.com - Top Stories http://ift.tt/1tYIF83
Raid on ISIS suspect in France
from CNN.com - Top Stories http://ift.tt/1zID8nQ
U.N.: Syria, ISIS committing war crimes
from CNN.com - Top Stories http://ift.tt/1pkniQ1
Ukraine: Russians back rebels
from CNN.com - Top Stories http://ift.tt/1qBsNZK
Qantas reports biggest ever loss
from CNN.com - Top Stories http://ift.tt/1tYj4fw
Woman fights off leopard attack
from CNN.com - Top Stories http://ift.tt/XRArF5
Uzi instructor 'extremely reckless'
from CNN.com - Top Stories http://ift.tt/1tHW4Cj
Dad cleared of shooting driver
from CNN.com - Top Stories http://ift.tt/1qBedS1
Wednesday, August 27, 2014
Should sites block violent videos?
from CNN.com - Top Stories http://ift.tt/1p9wd0D
Japanese MP denies meth charges
from CNN.com - Top Stories http://ift.tt/1C1kr2z
MH370 'may have turned earlier'
from CNN.com - Top Stories http://ift.tt/1pJEnCf
How U.S. can help Syria drive out ISIS
from CNN.com - Top Stories http://ift.tt/1zCF7tM
U.S. weighs aid drops for Iraqis
from CNN.com - Top Stories http://ift.tt/1p9rlbM
Boston bombers' sister arrested
from CNN.com - Top Stories http://ift.tt/1p9riNh
Ukraine: A bumpy road to peace
from CNN.com - Top Stories http://ift.tt/1AS2ceq
Police scale back in Ferguson
from CNN.com - Top Stories http://ift.tt/1zHnaub
Zara pulls shirts reminiscent of Holocaust
from CNN.com - Top Stories http://ift.tt/VNW6fC
Captive's mom: Please release him
from CNN.com - Top Stories http://ift.tt/1wCSCxh
Ebola: 'Even worse than feared'
from CNN.com - Top Stories http://ift.tt/1qy0kUw
When Americans leave for jihad
from CNN.com - Top Stories http://ift.tt/1zFsrlN
Libyans pay price for Mideast divide
from CNN.com - Top Stories http://ift.tt/1zFsoq3
Escobar hit man 'Popeye' walks free
from CNN.com - Top Stories http://ift.tt/1sCyntc
Kate Bush on stage after 35 years
from CNN.com - Top Stories http://ift.tt/1nDuf9l
Al-Nusra Front 'controls crossing'
from CNN.com - Top Stories http://ift.tt/1sCd4bn
Dad joins Israel search for missing son
from CNN.com - Top Stories http://ift.tt/1lw76dC
Syrian rebels make ground on Golan Heights
from CNN.com - Top Stories http://ift.tt/1qwUnat
U.N. calls for Libya ceasefire
from CNN.com - Top Stories http://ift.tt/1wCSE8v
French politician 'pulls grenade pin'
from CNN.com - Top Stories http://ift.tt/1qJgDKp
Freed journalist: 'I'm overwhelmed'
from CNN.com - Top Stories http://ift.tt/1C2F2Uc
Teen catches rare blue lobster
from CNN.com - Top Stories http://ift.tt/1lvNaYt
Mammoth unearthed in Texas
from CNN.com - Top Stories http://ift.tt/1lvN9DS
More American jihadis may be fighting for ISIS
from CNN.com - Top Stories http://ift.tt/1wCCr34
Other Americans 'within ISIS'
from CNN.com - Top Stories http://ift.tt/1wCCnQS
Ukraine President urges peace action
from CNN.com - Top Stories http://ift.tt/1qvBc0E
U.S. Coast Guard fires at Iranian boat
from CNN.com - Top Stories http://ift.tt/1qvBbtE
Did a second ISIS militant kill Foley?
from CNN.com - Top Stories http://ift.tt/1pb4lyZ
Putin: Ukraine talks 'positive'
from CNN.com - Top Stories http://ift.tt/1q1ag94
Compensation for Fukushima suicide
from CNN.com - Top Stories http://ift.tt/VNfXeJ
China seizes tainted chicken feet
from CNN.com - Top Stories http://ift.tt/1vIN7Jd
Health workers die in Ebola battle
from CNN.com - Top Stories http://ift.tt/1vhvGC7
Refugees starved, beaten on boats
from CNN.com - Top Stories http://ift.tt/1su3nLZ
Doubt over India rape-hanging claim
from CNN.com - Top Stories http://ift.tt/1qmVnxS
From American kid to jihadi in Syria
from CNN.com - Top Stories http://ift.tt/1tbxGLF
U.S. warns of foreign ISIS fighters
from CNN.com - Top Stories http://ift.tt/1vPPbiL
Rush hour car bomb kills 10 in Iraq
from CNN.com - Top Stories http://ift.tt/1mLsZkd
Will U.S. extend ISIS airstrikes to Syria?
from CNN.com - Top Stories http://ift.tt/1APKQ1J
Indian woman fights off leopard attack
from CNN.com - Top Stories http://ift.tt/XRArF5
Girl shoots gun instructor with Uzi
from CNN.com - Top Stories http://ift.tt/1qumw1X
Prisoners moved after beheadings
from CNN.com - Top Stories http://ift.tt/1BXtkds
Japan lawmaker faces meth charges
from CNN.com - Top Stories http://ift.tt/1C1kr2z
Audio 'gives clues' on Brown shooting
from CNN.com - Top Stories http://ift.tt/1vIN8gb
How U.S. can help Syria drive out ISIS
from CNN.com - Top Stories http://ift.tt/1zCF7tM
Survivor: 'I'm alive because of God'
from CNN.com - Top Stories http://ift.tt/1tIrxnJ
What is ISIS' Achilles' heel?
from CNN.com - Top Stories http://ift.tt/1qlnsWa
Ukraine: A bumpy road to peace
from CNN.com - Top Stories http://ift.tt/1AS2ceq
Western jihadis on Foley killing
from CNN.com - Top Stories http://ift.tt/1wAnI8L
Israel-Gaza truce reached
from CNN.com - Top Stories http://ift.tt/1pfGKxi
What the deal means
from CNN.com - Top Stories http://ift.tt/1qsuwAk
Tuesday, August 26, 2014
Legroom fight diverts flight
from CNN.com - Top Stories http://ift.tt/1mPOK2w
Freed journalist returns to U.S.
from CNN.com - Top Stories http://ift.tt/1tas0Bi
Being a drug addict's mom
from CNN.com - Top Stories http://ift.tt/1mPKJLl
Ferguson was 'a propaganda godsend'
from CNN.com - Top Stories http://ift.tt/1mPKHmN
Ferguson death: Legal questions loom
from CNN.com - Top Stories http://ift.tt/1pfgVgU
Saudi Arabia vulnerable to attack?
from CNN.com - Top Stories http://ift.tt/1taTaIy
U.S. girl kills shooting instructor
from CNN.com - Top Stories http://ift.tt/1tHW4Cj
Bus swept away by S.Korea floods
from CNN.com - Top Stories http://ift.tt/1zAJZ2z
American jihadi killed,uncle says
from CNN.com - Top Stories http://ift.tt/VMfiKB
French economy minister booted
from CNN.com - Top Stories http://ift.tt/VMfj13
United sign Di Maria for record fee
from CNN.com - Top Stories http://ift.tt/1nyJsbI
Israel blasts Gaza residential tower
from CNN.com - Top Stories http://ift.tt/1qH7Uso
Hamas: Deal reached to end conflict with Israel
from CNN.com - Top Stories http://ift.tt/1qp61UE
New Jersey man missing in Israel
from CNN.com - Top Stories http://ift.tt/1tFLmfn
Residential tower 'hit by Israel'
from CNN.com - Top Stories http://ift.tt/1tFLlZ6
How I overcame depression
from CNN.com - Top Stories http://ift.tt/XP8VIc
Romney to run for president in 2016?
from CNN.com - Top Stories http://ift.tt/1ANuBlN
Can peace come to Ferguson?
from CNN.com - Top Stories http://ift.tt/1suUjGJ
French political turmoil: No end in sight
from CNN.com - Top Stories http://ift.tt/1qJgDKp
'This doesn't happen to white people'
from CNN.com - Top Stories http://ift.tt/1tLzzeN
Talking to kids about race and class
from CNN.com - Top Stories http://ift.tt/1qh6FDK
Snake bites Nicki Minaj's dancer
from CNN.com - Top Stories http://ift.tt/1vK60vm
Slain teen mourned with battle cry
from CNN.com - Top Stories http://ift.tt/1mHBpJs
Dozens of aftershocks strike
from CNN.com - Top Stories http://ift.tt/1wrtc5F
Did a second ISIS militant kill Foley?
from CNN.com - Top Stories http://ift.tt/1pb4lyZ
Armed Russian soldiers detained in eastern Ukraine
from CNN.com - Top Stories http://ift.tt/1q1ag94
Ukrainians fight to survive in siege
from CNN.com - Top Stories http://ift.tt/1q1aiOm
China seizes tainted chicken feet
from CNN.com - Top Stories http://ift.tt/1vIN7Jd
Ebola: Your questions answered
from CNN.com - Top Stories http://ift.tt/1qH7T7O
Ebola: 120 health workers die in battle against outbreak
from CNN.com - Top Stories http://ift.tt/1vhvGC7
Doubt over India rape-hanging claim
from CNN.com - Top Stories http://ift.tt/1qmVnxS
Refugees starved, beaten on boats
from CNN.com - Top Stories http://ift.tt/1su3nLZ
France's government quits
from CNN.com - Top Stories http://ift.tt/1wr1oOT
Rush hour car bomb kills 10 in Iraq
from CNN.com - Top Stories http://ift.tt/1mLsZkd
U.S. to fly Syria recon missions as ISIS advances
from CNN.com - Top Stories http://ift.tt/1APKQ1J
Prelude to air strikes?
from CNN.com - Top Stories http://ift.tt/1zvU298
Will U.S. hit ISIS in Syria?
from CNN.com - Top Stories http://ift.tt/XIo0Lq
200 treated after Bay Area quake
from CNN.com - Top Stories http://ift.tt/1tAi9T6
Prisoners moved after beheadings
from CNN.com - Top Stories http://ift.tt/1BXtkds
Audio 'gives clues' on shooting
from CNN.com - Top Stories http://ift.tt/1vIN8gb
Monday, August 25, 2014
Inside Michael Brown's funeral
from CNN.com - Top Stories http://ift.tt/1mKZnn4
Ebola doctor dies despite experimental drug
from CNN.com - Top Stories http://ift.tt/1tA2ROr
ISIS Achilles' heel
from CNN.com - Top Stories http://ift.tt/1qlnsWa
Freed journalist calls mom
from CNN.com - Top Stories http://ift.tt/1wuz0LM
Beach evacuated after shark spotted
from CNN.com - Top Stories http://ift.tt/1vIjlV3
Rapper 'Young Jeezy' arrested
from CNN.com - Top Stories http://ift.tt/1tDn1a7
China slams 'aggressive jet' claim
from CNN.com - Top Stories http://ift.tt/1oZjaEV
War takes toll on Gaza children
from CNN.com - Top Stories http://ift.tt/1wmRoGq
Cocoa and oil crops rotting
from CNN.com - Top Stories http://ift.tt/1qHK0wF
Hamas executes alleged spies
from CNN.com - Top Stories http://ift.tt/1BTghd9
China executes attack 'masterminds'
from CNN.com - Top Stories http://ift.tt/1vCCp6X
Chris Brown's VMA party turns violent
from CNN.com - Top Stories http://ift.tt/1BTeapt
Inmates decapitated in Brazil jail
from CNN.com - Top Stories http://ift.tt/1qHE0nC
Man. City's forgotten man scores
from CNN.com - Top Stories http://ift.tt/1pzrjPF
Murray toils in U.S. Open
from CNN.com - Top Stories http://ift.tt/1qHE07c
Ukraine dissolves parliament
from CNN.com - Top Stories http://ift.tt/1zu9hPQ
Strong earthquake strikes Peru
from CNN.com - Top Stories http://ift.tt/1qdNZop
Actor Richard Attenborough dies
from CNN.com - Top Stories http://ift.tt/1tJ4k3R
Jellyfish sting 250 people in a day
from CNN.com - Top Stories http://ift.tt/XLLEXr
Ebola contacts in Africa go missing
from CNN.com - Top Stories http://ift.tt/1zsTmRJ
Romney to run for president in 2016?
from CNN.com - Top Stories http://ift.tt/1ANuBlN
'Active shooter incident' at Fort Lee
from CNN.com - Top Stories http://ift.tt/1vFfcB3
Iceland volcano alert lowered
from CNN.com - Top Stories http://ift.tt/1BOZcAY
'This doesn't happen to white people'
from CNN.com - Top Stories http://ift.tt/1tLzzeN
Talking to kids about race and class
from CNN.com - Top Stories http://ift.tt/1qh6FDK
UK 'close' to identifying Foley's killer
from CNN.com - Top Stories http://ift.tt/XJBZkk
Caribbean storm strengthens
from CNN.com - Top Stories http://ift.tt/1tGMKO1
French government dissolved
from CNN.com - Top Stories http://ift.tt/1veuyPA
Dozens of aftershocks strike
from CNN.com - Top Stories http://ift.tt/1wrtc5F
Ferguson: Teen's father calls for calm
from CNN.com - Top Stories http://ift.tt/1mHBpJs
Michael Brown to be laid to rest
from CNN.com - Top Stories http://ift.tt/1mHBnBg
More lives lost in Gaza conflict
from CNN.com - Top Stories http://ift.tt/1mCX6uj
ISIS militants seize key air base in Syria
from CNN.com - Top Stories http://ift.tt/1zrwjH3
U.S. Republicans urge Syria strikes
from CNN.com - Top Stories http://ift.tt/1pXCl0Z
Kurdish leaders: ISIS weakened
from CNN.com - Top Stories http://ift.tt/1nsCdSG
Beginning of the end for ISIS?
from CNN.com - Top Stories http://ift.tt/1vDTi1h
France's government resigns
from CNN.com - Top Stories http://ift.tt/1wr1oOT
Ebola quarantine sparks chaos
from CNN.com - Top Stories http://ift.tt/1s75BRf
How to treat an Ebola patient
from CNN.com - Top Stories http://ift.tt/1pwIMIr
Boy survives being run over by car
from CNN.com - Top Stories http://ift.tt/1tKwJXo
Will U.S. hit ISIS in Syria?
from CNN.com - Top Stories http://ift.tt/XIo0Lq
Bay Area hit by biggest quake in years
from CNN.com - Top Stories http://ift.tt/1tAi9T6
The cost of containing Ebola
from CNN.com - Top Stories http://ift.tt/1pX5zgC
Sunday, August 24, 2014
Can summit stabilize Ukraine?
from CNN.com - Top Stories http://ift.tt/XIJzvE
Japan landslides toll rises to 50
from CNN.com - Top Stories http://ift.tt/1qoICPv
Congo confirms new cases of Ebola
from CNN.com - Top Stories http://ift.tt/1tA2ROr
Ukraine: Captured troops paraded
from CNN.com - Top Stories http://ift.tt/1vyOnOY
White House to attend teen's funeral
from CNN.com - Top Stories http://ift.tt/YPmBTG
Mom: We are 'eternally grateful'
from CNN.com - Top Stories http://ift.tt/1tzSIkN
Hostage recalls brutal kidnapping
from CNN.com - Top Stories http://ift.tt/1qetlnW
China slams 'aggressive jet' claim
from CNN.com - Top Stories http://ift.tt/1oZjaEV
War takes toll on Gaza children
from CNN.com - Top Stories http://ift.tt/1wmRoGq
35 Nigerian police missing after attack
from CNN.com - Top Stories http://ift.tt/1wmHqov
Now ISIS has drones?
from CNN.com - Top Stories http://ift.tt/1zpEovJ
Hamas executes alleged spies
from CNN.com - Top Stories http://ift.tt/1BTghd9
Islamist militias take Tripoli airport
from CNN.com - Top Stories http://ift.tt/1AIW7Rv
Chris Brown's VMA party turns violent
from CNN.com - Top Stories http://ift.tt/1BTeapt
China executes attack 'masterminds'
from CNN.com - Top Stories http://ift.tt/1vCCp6X
NY chokehold death sparks protest
from CNN.com - Top Stories http://ift.tt/1mBLG9X
Expert: ISIS able to attack West
from CNN.com - Top Stories http://ift.tt/1qdUhV2
Pentagon's chilling ISIS warning
from CNN.com - Top Stories http://ift.tt/1wgVyzD
7.0 quake strikes Peru
from CNN.com - Top Stories http://ift.tt/1qdNZop
Actor Richard Attenborough dies
from CNN.com - Top Stories http://ift.tt/1tJ4k3R
Journalist held in Syria freed
from CNN.com - Top Stories http://ift.tt/1qdM03i
Ferguson: Lessons from London riots
from CNN.com - Top Stories http://ift.tt/XAVDyU