Lines drawn in gun-control debate

Lawmakers kept up the renewed debate over the nation’s gun laws Sunday, with the Senate’s leading Republican arguing that the matter must wait until pressing fiscal issues are addressed in Congress and one Senate Democrat warning against “extreme” restrictions on guns. “The biggest problem we have at the moment is spending and debt,” Senate Minority Leader Mitch McConnell (R-Ky.) said...

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New highs for SGX's derivatives & commodities markets in 2012

SINGAPORE: The Singapore Exchange's derivatives and commodities markets achieved record highs in 2012.However as in most global markets, trading activities declined. Turnover dropped 12 per cent in 2012 to S$321.5 billion.However securities market performance, as measured by the Straits Times Index, was up 20 per cent last year. In December, turnover was up 39 per cent from a year earlier...

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Aadhaar must deliver all subsidy perks: Montek

NEW DELHI: Montek Singh Ahluwalia, deputy chairman of the Planning Commission, wants to deliver all welfare and subsidy benefits through Aadhaar-based cash transfer scheme, which is touted as UPA's "game-changer" for 2014 parliamentary polls. Ahluwalia said that it would be left to the discretion of state governments to implement it as was done for FDI in multi-brand retail. However, he maintained...

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Best Pictures: 2012 Nat Geo Photo Contest Winners

Winner: PlacesPhotograph by Nenad SaljicA full moon illuminates the Matterhorn peak near Zermatt, Switzerland, in the winning image...

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Hagel to Be Obama's Defense Secretary Nominee

Jan 6, 2013 4:52pm (Junko Kimura/Getty Images)WASHINGTON, D.C. — President Obama will nominate former senator Chuck Hagel to be his next Secretary of Defense tomorrow.Senior officials within the administration and Capitol Hill confirmed the pick to ABC News today after the Nebraska Republican had emerged as a frontrunner among potential candidates several weeks ago.Hagel,...

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GOP dissension over debt-ceiling strategy

There are early signs of division within the Republican Party over how to approach the upcoming debate over raising the federal debt ceiling. On Friday, a top Senate Republican signaled that members of his party should be prepared to play hardball and be willing to accept the kind of consequences in each previous fight they’ve threatened but managed to avoid. At the same time, House...

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Football: Wolves sack Solbakken after FA Cup exit

LONDON: Stale Solbakken was sacked as manager of Championship side Wolves on Saturday, just hours after the club had been dumped out of the FA Cup by non-league Luton.The struggling side, who were relegated from the Premier League last season, also terminated the contracts of assistant manager Johan Lange and Patrick Weiser, the first team coach.Wolves are currently 18th in the Championship,...

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Mamata breathes fire in Jangalmahal

MIDNAPORE: Chief minister Mamata Banerjee on Saturday threatened to launch an agitation against the Centre and take it to New Delhi, if necessary, to demand an interest waiver on the state's over Rs 2 lakh crore debt. Mamata held out the threat while addressing youngsters from Jangalmahal at the Midnapore College Ground. On April 21 last year, Mamata had served a 15-day ultimatum to the centre...

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Best Pictures: 2012 Nat Geo Photo Contest Winners

Winner: PlacesPhotograph by Nenad SaljicA full moon illuminates the Matterhorn peak near Zermatt, Switzerland, in the winning image...

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City Answers Gang-Rape Cover-Up Allegations

As Steubenville, Ohio, prepares for the high-profile rape trial of two high school football players, officials, battling allegations of a cover-up, announced the creation of a new website today to debunk rumors and create what they said would be a transparent resource for the community."This site is not designed to be a forum for how the Juvenile Court ought to rule in this matter,"...

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