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Dutch citizen Joran van der Sloot pleaded guilty to the 2010 murder of a Peruvian woman he met at a Peru casino who was killed five years to the day of the unsolved disappearance in Aruba of American teen Natalee Holloway.

Read more: WSJ.com: World News

``President Barack Obama proposed consolidating six trade and commerce agencies, drawing cautious praise from congressional Republicans and business groups, though business expressed concern that some of their favored advocates in Washington would lose clout.''

Read more: Implode-Explode Heavy Industries news feed


Payback sure is a bitch. After being demonized for everything from the tiniest tick down in the EURUSD, to blowing out spreads in CDS, to plunging stocks across the insolvent continent, hedge

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Taiwan President Ma Ying-jeou of the China-friendly Kuomintang leads against his challenger, Tsai Ing-wen of the pro-independence Democratic Progressive Party with 92% of voting centers reporting.

Read more: WSJ.com: World News

Dozens of Iraqi Shiite pilgrims were killed or injured in a suicide bomb attack near the southern city of Basra on Saturday, further fanning sectarian tensions following the departure of U.S. soldiers from Iraq last month.

Read more: WSJ.com: World News

Malaysia's opposition alliance vowed to rally 100,000 people outside the court delivering the verdict in opposition leader Anwar Ibrahim's sodomy trial, despite police threats to prevent any demonstration.

Read more: WSJ.com: World News

Well this is hardly a surprise given the trial balloons floated on Wednesday and Senator Leahy's announcement yesterday, but Rep. Lamar Smith has now said that, like Leahy, he wants to

Read more: Techdirt


John Paulson and David Tepper are among investors urging Ally Financial Inc. to back Residential Capital LLC as the government-owned lender weighs options for the mortgage unit, said three people familiar with the matter. Paulson & Co. and
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Taiwanese are heading to the polls en masse to pick their next President, in a hotly contested race that will set the tone for the island's China policy going forward.

Read more: WSJ.com: World News

"Customers whose balances slip hit with $50 levy"

Read more: Implode-Explode Heavy Industries news feed


Billionaire investor George Soros said Europe’s sovereign-debt woes are “more serious” than the financial crisis of 2008 and that the world faces the prospect of a “vicious circle” of deflation. “We have a more dangerous situation now than in
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Military investigators, widening a probe of four U.S. Marines depicted in a video urinating on Taliban corpses, will review the kind of training the Marines received in the standards of military conduct, officials said.

Read more: WSJ.com: World News

Standard & Poor's downgrade of France's triple-A rating again thrust the country's banks into an uncomfortable spotlight because they, too, could have their ratings cut.

Read more: WSJ.com: World News


Wolf Richter   www.testosteronepit.com

Consumer optimism has been rising from the horrid multi-year lows in August and has reached

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Turkey Foreign-Policy Adviser Ibrahim Kalin, Economist Pier Carlo Padoan and Goldman Sachs Asset Management Chairman Jim O'Neill look ahead.

Read more: WSJ.com: World News

YANGON (Reuters) - A delegation of American business leaders will visit Myanmar soon, Myanmar industry officials said on Wednesday, another sign of strengthening U.S. ties with the long-isolated state despite sanctions.

Interesting article in Wired this month, ostensibly about the tribulations of the modern scientific method, big pharma drug development, etc. But within the article is an excellent digression about the complexities of causation:

“Causes are a strange kind of knowledge. This was first pointed out by David Hume, the 18th-century Scottish philosopher. Hume realized that, although

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"The five-year slide in U.S. home prices will end this year, followed by the start of a weak recovery in 2013, according to a Reuters poll that also showed economists split on whether the government would make new efforts to support the market."

Read more: Implode-Explode Heavy Industries news feed


Legendary hedge fund manager Michael Steinhardt has been sanctioned by a Delaware judge for improper trading in a ruling that says Steinhardt wrongfully traded after receiving non-public information while serving as a plaintiff in a securities lawsuit. Vice Chancellor
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News That Matters


 

By www.thetrader.se

 

Ft.com
China’s December lending and money supply growth exceeded economists’ estimates,

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