30 December 2012 Last updated at 08:03 ETPlease turn on JavaScript. Media requires JavaScript to play. US President Barack Obama: “Agreement is being discussed as we speak”US politicians are facing a crucial day of talks aimed at preventing the economy falling over a “fiscal cliff”.Congress must reach a deal by the end of the year to avert steep spending cuts and tax rises due to take effect.President...
Egypt says to resume talks with IMF in January
Label: WorldCAIRO (AP) — Egypt’s prime minister said Sunday his country will resume talks in January with the International Monetary Fund, after Cairo suspended its request for a $ 4.8 billion loan during this month’s political turmoil over the now-adopted constitution.Hesham Kandil didn’t specify when the talks will resume. But he stressed that the loan is important to Egypt’s efforts to regain investor confidence...
Obama says failure to reach fiscal deal would hurt markets
Label: WorldWASHINGTON (Reuters) - Financial markets would be affected adversely if U.S. lawmakers fail to agree on a "fiscal cliff" deal before Tuesday, President Barack Obama said in an interview broadcast on Sunday, while urging Congress to act quickly to extend tax cuts for middle-class Americans. Lawmakers are seeking a last-minute deal that would set aside $600 billion in tax increases and...
Michigan State edges TCU 17-16 in BWW Bowl
Label: TechnologyTEMPE, Ariz. (AP) — Michigan State labored on offense throughout the first half, unable to get anything going on the ground, in the air, anywhere.For a team that had lost five games by a combined 13 points during the regular season, it was starting to feel familiar.The Spartans changed their luck by turning to brutally effective running back Le'Veon Bell in the second half, setting up Dan Conroy for...
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2013: A year for big issues in the courts
Label: LifestyleBy Jeffrey Toobin, CNN Senior Legal AnalystDecember 27, 2012 -- Updated 1445 GMT (2245 HKT)Chief Justice John Roberts re-administers the oath of office to Barack Obama at the White House on January 21, 2009. STORY HIGHLIGHTSJeffrey Toobin: 2013 will see pivotal decisions in several key areas of lawHe says Supreme Court could decide fate of same-sex marriageAffirmative action for public college admissions...
FBI removes many redactions in Marilyn Monroe file
Label: HealthLOS ANGELES (AP) — The FBI has re-issued files it kept on Marilyn Monroe, removing dozens of redactions from entries related to surveillance of the actress for communist ties.A large section of the files obtained by The Associated Press focuses on Monroe’s 1962 trip to Mexico and her emerging friendship with Frederick Vanderbilt Field, who was disinherited from his wealthy family for leftist views....
Stock futures drop before last-ditch effort at “cliff” deal
Label: BusinessNEW YORK (Reuters) – Stock index futures fell on Friday as President Barack Obama and top lawmakers planned to make a last-ditch effort at budget talks to prevent the United States from going over the “fiscal cliff.”Obama and lawmakers will meet at the White House Friday afternoon for talks before a New Year’s deadline to keep large tax hikes and spending cuts from taking effect and threatening the...
Mantra Venture Group Achieves Significant Milestones in 2012 and Looks to 2013 for Further Growth
Label: WorldSEATTLE, WASHINGTON–(Marketwire – Dec 28, 2012) – Mantra Venture Group (OTCQB:MVTG)(BERLIN:5MV) looks back on a tremendously successful and productive 2012 while heralding in a number of innovative prospects for 2013.“We”ve had an exciting and beneficial year,” said Company president and CEO, Larry Kristof. ”We”ve developed strategic partnerships in addition to securing important patents. I”m...
Wall Street opens down before talks on "cliff" deal
Label: WorldNEW YORK (Reuters) - Stocks fell at the open on Friday as President Barack Obama and top lawmakers planned to make a last-ditch attempt at a budget deal to prevent the United States from going over the "fiscal cliff." The Dow Jones industrial average <.dji> dropped 76.30 points, or 0.58 percent, to 13,020.01. The Standard & Poor's 500 Index <.spx> dropped 8.93 points,...
Wade suspended game for action against Sessions
Label: TechnologyNEW YORK (AP) — Miami Heat guard Dwyane Wade was suspended one game without pay by the NBA on Thursday for flailing his leg and making contact with the groin of Charlotte Bobcats' Ramon Sessions.The incident happened with 8:12 left in the fourth quarter of the Heat's 105-92 victory over the Bobcats on Wednesday night. Sessions was called for a foul on the play. Wade will serve the suspension Friday...
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