Source Match Cities News
Salt Lake City gears up for $1.8B new airport
Tornadoes tear through central U.S. [VIDEO]
Proposed Calif. measure requires doctor drug tests
Battle for Strategic Syrian City Rages On
Small Fla. city anxious to learn jackpot winner
Unclear whether Fed's bond buying has helped economy: Fisher
(Reuters) - While the Federal Reserve's accommodative policies
have boosted stocks and helped the rich, it is unclear whether they
are doing enough for the broader U.S. economy, a top central bank
official said on Monday. "We've made rich people richer...," Dallas
Fed President Richard Fisher said on CNBC television. "Question is
what have we done for working men and women in America?" Fisher,
who has long opposed the Fed's bond-buying program and wants to
reduce it, added he expects real gross domestic product growth of
more than 2.5 percent by year end. ...
Nigeria says switching to foreign debt to lower costs
By Chijioke Ohuocha LAGOS (Reuters) - Nigeria will increase the
amount it borrows overseas to around 40 percent of all debt over
the next three to five years, from 12 percent currently, to lower
its cost of funds, the head of the debt office said on Monday. DMO
Director General, Abraham Nwankwo, said he expected Nigeria's debt
to GDP ratio to fall to 17 percent over the same period from 21
percent, as Africa's second-biggest economy switches into cheaper
foreign debt. ...
Monster machines fan out on U.S. farms facing slow sow
By Tom Polansek and Mark Weinraub SHERIDAN, Illinois (Reuters)
- With the U.S. spring planting season off to a historically slow
start, an increasing number of farmers are counting on powerful
tools to catch up: Monster machines that sow 36 rows of corn at
once and feature high-tech innovations like computer-guided
directional equipment. The technological wizardry from companies
like Deere & Co and AGCO Corp is pitted in a frantic race
against time, with farmers scrambling to get seeds in the ground
because a slow start depresses yields and reduces the size of their
harvest. ...
Oil price falls below $96 a barrel
China offers India a 'handshake across the Himalayas'
By Frank Jack Daniel and Rajesh Kumar Singh NEW DELHI (Reuters)
- India and China will study new ways to ease tensions along their
ill-defined border, Chinese Premier Li Keqiang said on Monday in
his first foreign trip since taking office, which comes just weeks
after a military stand-off between the Asian giants in the
Himalayas. The number two in the Chinese leadership offered New
Delhi a "handshake across the Himalayas" and said the world's most
populous nations could become a new engine for the global economy
if they could avoid such irritants. ...
Mauritius tourism revenue drops 12.4 pct yr/yr in Q1
PORT LOUIS (Reuters) - Mauritius's earnings from tourism
dropped 12.4 percent from a year earlier to 12.06 billion rupees in
the first three months of this year as the weak economic
environment in Europe hurt visitors' spending. Statistics Mauritius
cut its forecast for visitor arrivals this year to 990,000 from a
previous estimate of 1 million, but said it expected tourism
revenue to increase to 46.1 billion rupees, from 44.3 billion in
2012. Visitor numbers grew 1. ...
Fort Meade City Administrators Say Powerline Replacement a High Priority
Sticker shock: New college graduates, here is why your education cost so much money
Shares grind higher, yen edges up on Amari comments
By Marc Jones LONDON (Reuters) - Rising optimism about global
growth pushed world shares to a near five-year high on Monday,
while comments from Japan's economy minister that consumers could
suffer if the yen falls further lifted it off a 4-1/2 low. Data
last week that showed U.S. consumer sentiment at its strongest in
nearly six years continued to support equity markets. MSCI's world
index is at its highest since June 2008 as top European shares
started the week up 0.2 percent. With risk appetite dominating,
safe-haven German Bunds fell 45 ticks, while gold, also pressured
by signs the U.S. ...
Breakaway Scotland to face high saver protection costs - UK study
By William James LONDON (Reuters) - The cost of protecting
Scottish savers would prove difficult to bear if the country broke
away from the rest of the UK, a study by the Treasury said on
Monday. The findings come in the latest paper from the British
government on how independence would impact the country. On Sunday
the Treasury said an independent Scotland would have a huge
financial sector relative to its economy, leaving it vulnerable to
a Cyprus-style banking crisis. ...
Cartel towns pose challenge for immigration reform
Powerful tornadoes strike in four central U.S. states
By Chris Francescani (Reuters) - A massive storm front swept
north through the central United States on Sunday, hammering the
region with fist-sized hail, blinding rain and tornadoes, including
a half-mile wide twister that struck near Oklahoma City. News
reports said at least one person had died. By 9:30 p.m. Central
Standard Time, more than two dozen tornadoes had been spotted in
parts of Iowa, Oklahoma, Kansas and Illinois, according to the
National Oceanic and Atmospheric Administration and local news
reports. ...
Gunmen shoot into Calif. home, 10-year-old killed
Analysis: Little sign Abe can shake up Japan's inbound FDI
By Stanley White TOKYO (Reuters) - Japan risks missing, yet
again, an opportunity to use foreign investment to help fuel
sustained economic growth that has eluded it for the last two
decades. Prime Minister Shinzo Abe pledged to make Japan "the
world's easiest country for companies to do business in" as part of
his economic revival plan, which so far has been largely met with
approval. The stock market has rallied 45 percent this year and
Abe's approval ratings are around 70 percent. ...
BC ceremony notable for who will attend, who won't
Civil rights trial on NYPD tactic closing
NEW YORK (AP) — The federal civil rights challenge to the
contentious New York Police Department tactic of stop, question and
frisk is closing after more than nine weeks of testimony from men
who say they were wrongly stopped because of their race and police
officers and officials who believe the nation's largest force
operates with integrity.
Japan upgrades economic outlook as Abe's policies take hold
By Tetsushi Kajimoto and Izumi Nakagawa TOKYO (Reuters) - The
Japanese government upgraded its assessment of the economy on
Monday, as emerging signs of an upturn in exports and factory
output added to growing evidence that Prime Minister Shinzo Abe's
aggressive polices are beginning to reignite growth. The world's
third-biggest economy is gradually recovering, according to the
government's monthly report released by the Cabinet Office. The
upgrade was the first in two months, and an improvement from April
when it said the economy was showing signs of recovery but still
had some weak spots. ...