December 28, 2011
Unemployment set to rise in 2012, suggests CIPD
UK unemployment is set to keep rising to 2.85m in 2012 and peak in 2013, says a report by the Chartered Institute of Personnel and Development (CIPD). The think tank, which specialises in employment, warns the private sector will fail to offset…
December 28, 2011
US house prices fall in October despite low rates
US home prices have fallen further in October despite record low mortgage interest rates, according to new data. The Standard & Poor's Case-Shiller index of 10 major metropolitan areas fell 1.1% from a month earlier and its 20-city index fell 1.2%.…
December 28, 2011
Brazil to be world’s fifth-largest economy in less than 4 years
Brazil will overtake France to become the world's fifth-largest economy in less than four years, the country's Finance Minister Guido Mantega said Tuesday. "The International Monetary Fund says Brazil will be the world's fifth-largest economy by…
December 28, 2011
North Korea begins two-day Kim Jong-il memorial
North Korea is to begin two days of funeral services for its late leader Kim Jong-il, with…
December 28, 2011
Iran Threatens to Block Gulf Oil if Sanctions Applied
Iran has threatened to block the flow of oil through the Strait of Hormuz if Western governments attempt to impose sanctions on its petroleum exports in their dispute over its nuclear ambitions. The official Iranian news agency IRNA quoted Vice…
December 28, 2011
Powerful quake hits Russia’s Siberia, no casualties reported
An earthquake measuring 6.6-magnitude on the Richter scale jolted Russia's southeastern Siberian republic of Tuva on Tuesday, said local emergency center. The Siberian regional center of the Russian Emergency Situations Ministry said information…
December 28, 2011
China wins women’s chess champion worlds
China beat India 2.5-1.5 in the last round of the 2011 World Women Chess Team Championship (WWTC) on Tuesday to win the title in Mardin province of southeastern Turkey. Russia finished second and Georgia third. For Chian-India match, three games…
December 28, 2011
Mass Protests in Homs as Monitors Arrive
Syrian security forces fired tear gas to disperse tens of thousands of protesters who rallied in Homs Tuesday, as Arab League observers visited the city to monitor government pledges to withdraw troops, release political prisoners and halt…
December 25, 2011
Mission: Impossible’ (the fourth one) tops ‘Sherlock Holmes’ (the second one) at the weekend box office
Mission: Merrily Accomplished for Tom Cruise. The fourth installment in the actor’s Mission: Impossible spy-fi franchise — this time directed by Oscar winner Brad Bird making his live-action debut — finished in first place at the box office this…
December 25, 2011
11 missing after fatal capsizing in India
At least 13 people died and 11 were reported missing after a boat capsized Sunday in a southern India lake, authorities said. Three people survived the accident on Pulicat Lake, about 36 miles north of Chennai, according to affiliate CNN-IBN. V.…