Obama, Senate Republicans reach agreement on ‘fiscal cliff’

President Obama and Senate leaders struck a bipartisan agreement late Monday to let income taxes rise sharply for the first time in two decades, fulfilling Obama’s promise to raise taxes on the rich and avoiding the worst effects of the “fiscal cliff.” The agreement, brokered by Vice President Biden and Senate Minority Leader Mitch McConnell (R-Ky.), primarily targets taxpayers who earn...

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Thousands to march against Hong Kong leader

HONG KONG: Tens of thousands of protesters are expected to rally in Hong Kong Tuesday, calling for the city's embattled new chief executive to quit and for greater democracy.Organisers are expecting 50,000 people to turn up at the New Year day's march against Leung Chun-ying, while pro-government groups staged a separate and smaller rival rally in support of the Beijing-backed leader.Since...

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2012: Non-events

WALL STREET 'UNLIKES' FACEBOOK Facebook's looming IPO was the most hyped stock offering of the year, breathless coverage leading up to the big day in mid-May. But when the price of a share was set at $38 - which led to the company being valued over $100bn with revenues of just $3.7bn - the offering flopped. The firm's value fell by 28% and its shares are trading somewhere near $25.LETTING GO OF THE...

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Space Pictures This Week: Ice “Broccoli,” Solar Storm

Happy TrailsPhotograph by Alex Cherney, TWANAmateur astronomer Alex Cherney captured these star trails as they blazed above Lake Tyrrell, a salt lake in Victoria, Australia in...

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Fiscal Cliff Deal Vote Likely in Senate

The so-called "fiscal cliff" came tonight -- but now there is a specific deal on the table to try to soften it after the fact, according to congressional sources.Senate Majority Leader Harry Reid, D-Nev., said the deal -- brokered by Vice President Joe Biden and Senate Minority Leader Mitch McConnell -- would get a vote in the Senate sometime after midnight. The House would...

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Senate negotiators yet to reach ‘fiscal cliff’ deal as clock winds down

Vice President Joseph Biden and Sen. Mitch McConnell were locked in urgent talks late Sunday over the “fiscal cliff” after Democrats offered several significant concessions on taxes, including a proposal to raise rates only on earnings over $450,000 a year. With a New Year’s Eve deadline hours away, Democrats abandoned their earlier demand to raise tax rates on household income over $250,000...

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S'pore stocks close lower

SINGAPORE: Share prices in Singapore closed lower in line with other regional markets in a shortened pre-holiday session. Markets were weighed down by the US fiscal deadlock, as hopes faded that a deal will be reached just a day before the deadline.The Straits Times Index fell 24.72 points, or 0.77 per cent, to end at 3,167.08. On the broader market, losers outnumbered gainers by 216 to...

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Patrick Suckling appointed as Australia's next envoy to India

MELBOURNE: Career diplomat Patrick Suckling has been appointed as Australia's next high commissioner to India. Suckling will take up the post in New Delhi next month, according to media reports here. The appointment was announced by foreign minister Bob Carr who said the role was important because India is Australia's fourth largest export market, with trade between the two countries reaching 18-billion...

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How to Banish That New Year's Eve Hangover

For those of us who enjoy the occasional cocktail, the holiday season would be incomplete without certain treats of the liquid variety. Some look forward to the creamy charms of rum-laced eggnog; others anticipate cupfuls of high-octane punch or mugs of warm, spiced wine.No matter what's in your glass, raising one as the year winds down is tradition. What could be more festive? The problem...

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Hillary Clinton Hospitalized With Blood Clot

(MICHAL CIZEK/AFP/Getty Images)By DANA HUGHES and DEAN SCHABNERSecretary Hillary Clinton was hospitalized today after a doctors doing a follow-up exam discovered a blood clot had formed, stemming from the concussion she sustained several weeks ago.She is being treated with anti-coagulants and is at NewYork-Presbyterian Hospital so that they can monitor the medication over the next 48 hours, Deputy...

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Senators trade proposals into night to avoid ‘fiscal cliff’

Senate negotiators labored late into Saturday over a last-ditch plan to avert the “fiscal cliff,” struggling to resolve key differences over how many wealthy households should face higher income taxes in the new year and how to tax inherited estates. As the clock ticked toward a Jan. 1 deadline, the halls of the Capitol were dark and silent. The House and the Senate are shuttered until...

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Suspected norovirus outbreak kills four in Japan hospital

TOKYO: A suspected norovirus outbreak has killed four people and infected almost 100 others at a hospital in the Japanese city of Yokohama south of Tokyo, officials said.Four patients aged between 80 and 97 died of breathing problems and pneumonia between Wednesday and Friday after suffering vomiting and diarrhoea, officials at the city's Denentoshi Hospital said late Saturday.A total...

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July blasts in Valley a terror strike: Cops

SRINAGAR: The Jammu & Kashmir police have claimed that two Lashkar-e-Taiba terrorists killed in an encounter on Friday in Pulwama were responsible for a blast on a bus that had killed four tourists in Anantnag in July. The claim contradicts their statement that ruled out a terror angle to the blast then and had said that an LPG cylinder inside the bus had exploded and killed the four women from...

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How to Banish That New Year's Eve Hangover

For those of us who enjoy the occasional cocktail, the holiday season would be incomplete without certain treats of the liquid variety. Some look forward to the creamy charms of rum-laced eggnog; others anticipate cupfuls of high-octane punch or mugs of warm, spiced wine.No matter what's in your glass, raising one as the year winds down is tradition. What could be more festive? The problem...

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Woman Charged With Murder in NYC Subway Push

A woman who allegedly told New York City police she pushed a man onto the subway tracks because she hated Hindus and Muslims has been charged with murder as a hate crime.Erica Menendez, 31, allegedly told police that she "pushed a Muslim off the train tracks because I hate Hindus and Muslims ever since 2001 when they put down the twin towers I've been beating them up."Menendez...

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Agreement within reach on ‘fiscal cliff’ deal, officials say

President Obama and Senate leaders were on the verge of an agreement Friday that would let taxes rise on the wealthiest households while protecting the vast majority of Americans from historic tax hikes set to hit in January. The development marked a breakthrough after weeks of paralysis. After meeting with Obama at the White House, Senate Majority Leader Harry M. Reid (D-Nev.) and Minority...

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Japan's PM seeks security ties with Australia, India

TOKYO: Japan's hawkish new Prime Minister Shinzo Abe has sought to expand the Japan-US security partnership to Australia and India as it faces a bitter territorial row with China, a newspaper reported Saturday."The Japan-US alliance is the cornerstone," Abe, sworn in as prime minister on Wednesday, said in an interview with the mass-circulation Yomiuri Shimbun."It's good to expand it to...

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Telangana shutdown hits normal life

HYDERABAD: Normal life came to a standstill in the Telangana region of Andhra Pradesh on Saturday in response to a day-long shutdown call by Telangana Rashtra Samithi (TRS) to protest the central government's "delaying tactics" over separate statehood for the region. Public transport service was paralysed while shops, business establishments and educational institutions remained closed in most...

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How to Banish That New Year's Eve Hangover

For those of us who enjoy the occasional cocktail, the holiday season would be incomplete without certain treats of the liquid variety. Some look forward to the creamy charms of rum-laced eggnog; others anticipate cupfuls of high-octane punch or mugs of warm, spiced wine.No matter what's in your glass, raising one as the year winds down is tradition. What could be more festive? The problem...

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Epic Journey: Did Moses' Exodus Really Happen?

In the Bible, he is called Moses. In the Koran, he is the prophet Musa.Religious scholars have long questioned whether of the story of a prophet leading God's chosen people in a great exodus out of Egypt and the freedom it brought them afterwards was real, but the similarities between a pharaoh's ancient hymn and a psalm of David might hold the link to his existence.Tune in...

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As ‘fiscal cliff’ deadline nears, OPM updates furlough guidelines

With talks on averting the “fiscal cliff” apparently stalled, the Office of Personnel Management posted new guidance to federal workers for administrative furloughs on its Web site Thursday afternoon. “We wanted to take some prudent steps to keep federal employees informed in case of an order for sequestration,” said Thomas Richards, OPM’s communications director. He added that the...

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Indian gang-rape victim fighting for her life

SINGAPORE: The condition of the Indian gang-rape victim continues to remain in an extremely critical condition.Dr Kelvin Loh, chief executive officer of Mount Elizabeth Hospital, said the patient is still receiving treatment in the intensive care unit.Dr Loh said the medical team's investigations on Thursday showed that in addition to her prior cardiac arrest, the patient had infection...

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Delhi gang-rape case: PM, Sonia say guilty will be punished

NEW DELHI: Prime Minister Manmohan Singh and Congress president Sonia Gandhi have reiterated that the government is committed to punish the accused in the Delhi gang rape case at the earliest.Manmohan Singh and Sonia Gandhi wished speedy recovery to the 23-year-old girl, who is battling for life in a hospital in Singapore."Our wish is that she recovers and comes back to us... and no time is lost...

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How to Live to a Ripe Old Age

Cento di questi giorni. May you have a hundred birthdays, the Italians say, and some of them do. So do other people in various spots around the world—in Blue Zones, so named by National Geographic Fellow Dan Buettner for the blue ink that outlines these special areas on maps developed over more than a decade. (National Geographic News is part of the National Geographic Society.)In his...

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Gen. 'Stormin' Norman Schwarzkopf Dead at 78

H. Norman Schwarzkopf, the retired general credited with leading U.S.-allied forces to a victory in the first Gulf War, died today at age 78.The man who Defense Secretary Leon Panetta today called "one of the great military giants of the 20th century" died in Tampa, Fla., where he lived in retirement, the Associated Press reported."The men and women of the Department of Defense...

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Hawaii’s lieutenant governor is named to the U.S. Senate

Hawaii Gov. Neil Abercrombie (D) selected Lt. Gov. Brian Schatz on Wednesday to fill the vacancy created by the death last week of veteran U.S. Sen. Daniel K. Inouye (D). With the “fiscal cliff” five days away and critical decisions facing the Senate, the White House said Schatz would fly to Washington on Wednesday evening with President Obama. Schatz said he would be in place to be sworn...

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British kickboxer charged with Thai murder

BANGKOK: A British kickboxer who was extradited to Thailand could face the death penalty after being charged with the murder of an American Marine on the resort island of Phuket, a court official said.Prosecutors allege Lee Aldhouse stabbed to death 23-year-old Dashawn Longfellow following a bar fight in 2010.Aldhouse, known in Phuket by his ring name 'The Pitbull', fled to Britain after...

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30 dead as cold wave sweeps Uttar Pradesh

LUCKNOW: The cold wave sweeping through Uttar Pradesh has claimed more than 30 lives in a 24-hour span, officials here said on Thursday.The maximum number of deaths, between Wednesday and Thursday morning, were reported from Bhadohi district where five people succumbed to the cold. As many as four people died in Balia and three each in Allahabad, Mirzapur, Sonebhadra, Ghazipur, Barabanki, Chandauli...

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Space Pictures This Week: Green Lantern, Supersonic Star

Green LanternImage courtesy Caltech/SSI/NASAAnother glorious, backlit view of the planet Saturn and its rings has been captured by NASA's Cassini spacecraft, as seen in a picture...

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