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...

Read More..

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...

Read More..

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...

Read More..

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...

Read More..

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...

Read More..

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...

Read More..

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...

Read More..

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...

Read More..

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...

Read More..

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...

Read More..