Even if President Obama succeeds in getting Republicans to agree to tax hikes on the wealthy as part of a “fiscal cliff” deal, the country’s grim budget realities will still cast a long shadow — limiting his ambitions as he begins plotting a second-term agenda.
Any agreement is likely to result in less than the $1.6 trillion in new taxes over the next decade that Obama requested in his...
Egypt's Morsi annuls controversial decree
Label: Technology CAIRO: Egyptian President Mohamed Morsi on Saturday annulled a decree he issued last month expanding his powers, an official told a Cairo news conference."The constitutional decree is annulled from this moment," said Selim al-Awa, an Islamist politician acting as spokesman of a meeting Morsi held earlier with other political leaders.A referendum on a draft constitution would however still...
India misguided, paranoid over China: Guha
Label: LifestyleMUMBAI: A good half-hour into the discussion on 'India, China and the World', historian Ramachandra Guha issued a disclaimer—all the three members on the panel had been to China only once. "We should learn their language, promote quality research, and have a panel on China driven by Chinese scholars," he said. And that was the general tenor of the debate—that the Indian attitude to China was influenced...
Plants Grow Fine Without Gravity
Label: Health When researchers sent plants to the International Space Station in 2010, the flora wasn't meant to be decorative. Instead, the seeds of these small, white flowers—called Arabidopsis thaliana—were the subject of an experiment to study how plant roots developed in a weightless environment.Gravity is an important influence on root growth, but the scientists found that their space plants didn't...
Dallas Cowboys Player Arrested in Teammate's Death
Label: Business Dallas Cowboys nose tackle Joshua Price-Brent was arrested on an intoxication manslaughter charge today after a single vehicle roll-over killed his passenger, Jerry Brown Jr., who had been a linebacker on the team's practice squad and his former teammate at the University of Illinois.Price-Brent, 24, was allegedly speeding "well above" the posted 45 mph speed limit at about...
Dec
07
Lagarde says 'fiscal cliff' threatens US supremacy
Label: Technology WASHINGTON: IMF chief Christine Lagarde said Friday the looming "fiscal cliff" in the United States threatens the country's international supremacy and the fragile global recovery.In an interview with BBC World News, Lagarde noted the US fiscal cliff, a combination of severe tax increases and spending cuts due in January, would probably wipe out growth in the world's largest economy."The...
Clash averted between UP, Haryana farmers
Label: LifestyleSONIPAT: An ongoing dispute over possession of agricultural land between two villages of Haryana and Uttar Pradesh threatened to turn violent on Friday. The tension, however, was eased after timely intervention by police and revenue officials from the two states, who have now decided to hold a joint meeting on December 12 to settle the dispute.Tension had been brewing between farmers of Jajal village...
Pictures: Timbuktu Under al Qaeda
Label: Health TimbuktuPhotograph by Brent Stirton, Getty Images/National GeographicSince the 12th century, when Tuareg tribes founded Timbuktu as a seasonal camp on the southern edge of...
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...
Dec
06
Sandy, cliff point to bleak November US jobs data
Label: Technology WASHINGTON: The powerful storm that landed a blow to the US economy last month and worries over the fast-approaching "fiscal cliff" point to a bleak November reading from the Labor Department on Friday.Superstorm Sandy, which pummeled the northeastern coast in late October and early November, shutting down New York and other major cities, was expected to slash job creation in half."The...
Farmers’ body calls off toll plaza protest
Label: Lifestyle NEW DELHI/GHAZIABAD: In a big relief to the Centre and the Uttar Pradesh government, Bhartiya Kisan Union (BKU) on Thursday suspended its plan to take over more toll plazas in the state. The decision came after the Ghaziabad administration slapped a Rs 15 lakh notice on the organization for toll loss at Dasna plaza due to its protests. The Meerut DM and police chief forwarded CM Akhilesh Yadav's...
High-Voltage DC Breakthrough Could Boost Renewable Energy
Label: HealthPatrick J. Kiger Thomas Edison championed direct current, or DC, as a better mode for delivering electricity than alternating current, or AC. But the inventor of the light bulb lost the War of the Currents. Despite Edison's sometimes flamboyant efforts—at one point he electrocuted a Coney Island zoo elephant in an attempt to show the technology's hazards—AC is the primary way that electricity...
McAfee Mystery Deepens With Possible Heart Attack
Label: BusinessOur audience is comprised of 40M active subscribers to blogs, tweets, Facebook and RSS feeds from top publishers including Inc, MSNBC, Reuters, InformationWeek, TechTarget, CBS Sports, AOL, CNET, ABC News, NBC, Politico and hundreds of others. Learn M...
Dec
05
Rubio, Ryan look to the future during award dinner speeches
Label: World
Two high-profile Republican members of Congress who stand at the forefront of the effort to rebuild the party after a stinging presidential defeat delivered speeches Tuesday night aimed at turning the page with a fresh emphasis on inclusion and a renewed focus on growing the middle class.
“Nothing represents how special America is more than our middle class. And our challenge and our opportunity...
Football: Champions League holders Chelsea out despite rout
Label: Technology LONDON: Chelsea became the first Champions League holders to go out in the group phase despite a resounding 6-1 win at home to FC Nordsjaelland in their final Group E game on Wednesday.The much-maligned Fernando Torres scored twice, with David Luiz, Gary Cahill, Juan Mata and Oscar also on target, but Juventus' 1-0 win at Shakhtar Donetsk in the other group game put the Italians in the...
A midnight raid that changed course of history
Label: Lifestyle NEW DELHI: On the night of December 22-23, 1949, an idol of Ram Lalla "mysteriously" appeared inside Ayodhya's Babri Masjid, setting in motion a chain of events that was to change the course of Indian politics in later decades. Little is known about what happened on that fateful night. But a new book now reveals how the events unfolded and claims those who pulled the strings of the Ayodhya strategy...
Giant Sequoias Grow Faster With Age
Label: Health Aging giant sequoia trees are growing faster than ever, with some of the oldest and tallest trees producing more wood, on average, in old age than they did when they were younger. (Read about redwoods, another species of giant tree, in National Geographic magazine.)A 2,000-year-old giant sequoia is just cranking out wood, said Steve Sillett, a professor at Humboldt State University in...
Obama Rejects GOP 'Doomsday' Plan
Label: Business President Obama's lead negotiator in the "fiscal cliff" talks said the administration is "absolutely" willing to allow the package of deep automatic spending cuts and across-the-board tax hikes to take effect Jan. 1, unless Republicans drop their opposition to higher income tax rates on the wealthy.Treasury Secretary Timothy Geithner said in an interview with CNBC that both...
Dec
04
Football: Real Madrid hit four as Ajax crumble
Label: Technology MADRID: Real Madrid made light work of Ajax with an emphatic 4-1 win on Tuesday, but still had to settle for second place in Champions League Group D.Goals from Cristiano Ronaldo, Kaka and a Jose Callejon double in the Santiago Bernabeu sealed the Spanish champions' victory, but top spot in the group went to Borussia Dortmund who beat Manchester City 1-0.Derk Boerrigter got the consolation...
Cash scheme will influence polls, says CEC
Label: Lifestyle CHENNAI/NEW DELHI: Chief election commissioner V C Sampath on Tuesday expressed his disapproval over the Centre's decision to go ahead with the direct cash transfer scheme when assembly elections were round-the-corner in Gujarat. Himachal Pradesh, the other state that went to polls, is yet to know the result, and model code of conduct is still in force. Sampath, who was in Chennai to review the...
Oldest Giant Panda Relative Found in Spain
Label: Health The oldest relative of the giant panda has been discovered in Spain—suggesting that the animals' ancestors originated in Europe, a new study says.Dubbed Kretzoiarctos beatrix, the 11-million-year-old species was previously named Agriarctos beatrix based on a few fossil teeth found at a paleontological site near Zaragoza, Spain (map). Agriarctos is an extinct genus of European bear and...
Obama Sees 'Potential' for Averting the Fiscal Cliff
Label: Business President Obama says he sees "potential" for averting the "fiscal cliff" in 28 days, but that no deal will get done unless Republicans consent to raise income-tax rates on the top 2 percent of U.S. earners."We're going to have to see the rates on the top 2 percent go up and we're not going to be able to get a deal without it," Obama told Bloomberg TV in his first televised interview...
Dec
03
Football: Lionel Lewis calls it a day
Label: Technology SINGAPORE: He was Singapore's safest pair of hands for almost a decade and, despite retiring from international football last year with 73 caps, Lionel Lewis was playing well enough to warrant consideration for a recall to the national squad for the current ASEAN Football Federation Championship.But a persistent ankle injury put paid to the possibility of that happening, and now Lewis...
Zee editors denied bail for 2nd time in a week
Label: Lifestyle NEW DELHI: For the second time in less than a week, a trial court on Monday dismissed the bail applications of the two Zee group editors arrested for allegedly trying to extort Rs 100 crore from Congress MP Naveen Jindal's firm. Metropolitan magistrate Rajinder Singh on Monday dismissed the bail pleas, saying Zee News head Sudhir Chaudhary and Zee Business editor Samir Ahluwalia had not given...
Photos: Kilauea Lava Reaches the Sea
Label: Health Into the Sea Photograph by Hugh Gentry, ReutersA spectacular natural phenomenon was on display early this week as lava from a vent in Hawaii's Kilauea volcano flowed into...
Boehner Makes Fiscal Cliff Counter-Offer
Label: Business House Speaker John Boehner today sent President Obama a counter-proposal on how to cut the deficit that he called a “credible plan” to break the stalemate in negotiations to keep the country from going off the “fiscal cliff” but just hours later the White House quickly rejected the offer.In the plan, Republicans offer a total of $2.2 trillion in deficit reduction over the next decade. That would...
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