CAIRO (Reuters) - Egypt's military, stepping into a crisis pitting Islamist President Mohamed Mursi against opponents who accuse him of grabbing excessive power, said on Saturday only dialogue could avert "catastrophe". State broadcasters interrupted their programs to read out an army statement telling feuding factions that a solution to the upheaval in the most populous Arab nation should...
Dec
07
Oil slips amid concerns about demand for crude
Label: Technology NEW YORK: Oil prices slipped Friday as a dip in the US unemployment rate failed to allay skepticism about economic recovery in the United States and Europe and the strength of crude demand.New York's main contract, West Texas Intermediate for delivery in January, finished at $85.93 a barrel, down 33 cents from Thursday's closing level.In London trade, Brent North Sea crude for January...
Smokers celebrate as Wash. legalizes marijuana
Label: HealthSEATTLE (AP) — The crowds of happy people lighting joints under Seattle's Space Needle early Thursday morning with nary a police officer in sight bespoke the new reality: Marijuana is legal under Washington state law.Hundreds gathered at Seattle Center for a New Year's Eve-style countdown to 12 a.m., when the legalization measure passed by voters last month took effect. When the clock struck, they...
Supreme Court to Take Up Gay Marriage Cases
Label: Business The Supreme Court today decided to take up two major cases regarding gay marriage, one of which could ultimately lead the court to decide whether there is a fundamental right to same-sex marriage.The justices announced that the court would hear a challenge to Proposition 8, the controversial California ballot initiative that passed in 2008 that restricted marriage to opposite-sex...
Protesters surge around Egypt's presidential palace
Label: WorldCAIRO (Reuters) - Tens of thousands of Egyptian protesters surged around the presidential palace on Friday and the opposition rejected President Mohamed Mursi's call for dialogue to end a crisis that has polarized the nation and sparked deadly clashes. The Islamist leader's deputy said he could delay a December 15 referendum on a constitution that liberals opposed, although the concession...
Dec
06
ECB forecast cuts send oil lower
Label: Technology NEW YORK: Oil prices sank along with the euro Thursday after the European Central Bank forecast that the eurozone would continue to contract next year and only return to growth in 2014.New York's main contract, WTI crude for delivery in January, recoiled $1.62 to $86.26 a barrel.In London trade, Brent North Sea crude for January dived $1.78 to $107.03 a barrel.The falls paralleled that...
NH8 stretch on Delhi-Gurgaon border is India’s deadliest road
Label: LifestyleNEW DELHI: Perhaps, the deadliest stretch in the country falls on the Delhi-Gurgaon border on NH8. Data available with TOI shows that 260 lives were lost on this 40-km stretch last year.While the Gurgaon section killed 160 people in 2011, another 100 died in road crashes on Kapdiwas border and Daruhera stretch. The high rate of fatalities has exposed how safety of road users has been the lowest priority...
Celebrations planned as Wash. legalizes marijuana
Label: HealthSEATTLE (AP) — Legal marijuana possession becomes a reality under Washington state law on Thursday, and some people planned to celebrate the new law by breaking it.Voters in Washington and Colorado last month made those the first states to decriminalize and regulate the recreational use of marijuana. Washington's law takes effect Thursday and allows adults to have up to an ounce of pot — but it bans...
McAfee Mystery Deepens With Possible Heart Attack
Label: Business Software millionaire John McAfee has been taken to a Guatemala City hospital via ambulance after suffering a possible heart attack at the detention center where he is being held.McAfee, 67 -- who may soon be deported back to Belize, where authorities want to question him about the shooting death of his neighbor -- was reportedly prostrate on the floor of his cell and unresponsive....
Military halts clashes as political crisis grips Egypt
Label: WorldCAIRO (Reuters) - Egypt's Republican Guard restored order around the presidential palace on Thursday after clashes killed seven people, but passions ran high in a contest over the country's future. President Mohamed Mursi had been due to address the nation, but a presidential source said the Islamist leader, criticized by his opponents for his silence in the last few days, might speak...
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