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  • One trillion euro tax evasion to be tackled says Barroso One trillion euro tax evasion to be tackled says Barroso

    BRUSSELS - Voicing concern about tax evasion that is estimated at one trillion euros, European Commission President Jose-Manuel Barroso said Tuesday that EU leaders will meet at a one-day summit on Wednesday to negotiate solution. The European Union can't afford to let tax evasion go on the way it is. Such large amounts of money, currently sitting in tax havens, would be greatly beneficial ...

  • Overall economy likely to pick up in Q2 says German central bank Overall economy likely to pick up in Q2 says German central bank

    FRANKFURT - Germany's central bank Deutsche Bundesbank expects the country's economy to improve "markedly" in the second quarter relying on signals of pick up in industrial orders and likelihood of weather related downturn in construction sector no longer impacting investment sentiments a development that could boost the wider eurozone as it struggles to get out of recession. "Overall ...

  • I just felt totally helpless’

    A downed utility pole along May Avenue in South Oklahoma City. (Holly Bailey/Yahoo News) OKLAHOMA CITY--Anthony Connel was sitting in traffic off of South 149th Street, about a mile from his home, when he saw it happen: A dark black cloud, so ominous and wide that it didn't even look like a tornado, dropped to the ground--and headed straight for his house. Connel, a sales manager at ...

  • IRS Lerner refuses to testify before Congress

    Internal Revenue Service official Lois Lerner, who leads the exempt organizations division under scrutiny for targeting conservative groups that applied for tax-exempt status, is refusing to testify before Congress, the Los Angeles Times reports. Lerner was supposed to appear before the House Oversight Committee Wednesday. ...

  • Huge search underway for missing Iowa teen

    massive search was underway Tuesday for a 15-year-old girl abducted near an Iowa bus stop, after authorities said a man who is suspected of taking her and another girl was found dead. Dozens of federal, state and local law enforcement are searching by air, land and water ...

Movie Review

The Killing Fields

Based on a true story that is both horrifying and uplifting, "The Killing Fields" is a powerful portrait of how the atrocities of a world gone crazy tested the friendship and loyalty of two men: Sydney Schanberg (Sam Waterston), a "New York Times" correspondent in Cambodia at the end of the Vietnam War, and Dith Pran (Haing S. Ngor), his Cambodian assistant, translator, and friend. When the film o ... ...

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  • Senate panel approves weapons for Syrian rebels- Israeli military chief issues stark warning on Syria

    A Senate panel has voted to provide weapons to rebels battling the regime of Syrian President Bashar Assad. The vote by the Foreign Relations Committee on Tuesday marked the first time that lawmakers have backed the aggressive military step of arming vetted opposition forces. The vote was 15-3. The United Nations estimates that more than 70,000 people have been killed after more than two years ...

  • ESPN cutting workforce as it looks to smartly manage costs

    Disney division to reduce staff. "We are implementing changes across the company to enhance our continued growth while smartly managing costs," the sports media giant said in a statement Tuesday. "While difficult, we are confident that it will make us more competitive, innovative and productive." The company would not say how many jobs are being eliminated, but they include ...

  • President appoints commission to improve election procedures

    to improve election systems in the United States . "As I said in my State of the Union Address, when any American, no matter where they live or what their party, is denied that right [to vote] simply because too many obstacles stand in their way, we are betraying our ideals," Obama said in a statement Tuesday. "We have an obligation to ensure that all eligible voters have the ...

  • Feds Bullard recommends euro zone consider quantitative easing

    By Paul Carrel and Eva KuehnenFRANKFURT (Reuters) - A top U.S. Federal Reserve official urged the European Central Bank on Tuesday to consider employing a U.S.-style quantitative easing programme to counter slowing inflation and recession in the euro zone.The ECB has engaged in bond purchases in the past but has always withdrawn an equivalent amount of money from markets to ensure its ...

  • Hope for Euro breakthrough on visa-free travel for Emiratis next year

    ABU DHABI // The European Parliament will consider granting Emiratis visa-free entry to the European Schengen area next year, the Foreign Minister told the FNC yesterday. Over the past year the UAE has increased its efforts to win visa-free entry to the Schengen area - a group of 26 countries in western Europe. In February, Sheikh Abdullah Al Hamed, undersecretary at the Ministry of Foreign ...

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