BY Connor Sheets | December 16 2012 10:17 PM U.S. President Barack Obama spoke in Newtown, Conn., Sunday night, just two days after a man killed 20 children and six adults at an elementary school in the heartbroken town. Obama spoke movingly of the unique experience of parenting through a tragic moment and the concept that Americans have to "change" to prevent future senseless shootings "because what other choice do we have?" At first, Obama's words appeared sympathetic to those who want enhanced gun-control laws in the wake of Friday's massacre at the Sandy Hook Elementary School: "We cannot tolerate this anymore.
Ed Miliband addressed the Labour Party Conference in Manchester, vowing to unite Britain with a one nation approach to government. Lionel Barber, editor of the Financial Times, talks to UK news editor Andrew Ward about the potential gaps in Labour policy.
In what is surely the most liberal of conventions, the Democrats managed to unify their party.
Leon Cooperman, the billionaire founder of Omega Advisors, and Jack Bogle, the retired CEO and founder of Vanguard, are having it out over what the 2012 presidential election's impacts will be on the stock market. Cooperman, a hedge fund magnate who founded the $6.5 billion Omega, predicted Thursday on CNBC that a Mitt Romney victory in November would have a marked positive impact on the S&P 500, but that if President Barack Obama is re-elected, the S&P 500 would be negatively impacted, Business Insider reports .
Africans going to outer space? That’s the dream of Sudan ese President Omar al-Bashir. who has called for the formation of an African space agency.
India 's annual exports and imports declined for the third consecutive month in July owing to the weak demand from the U.S.
Morgan Stanley Monday cut India 's economic growth forecast to 5.1 percent from the previously projected 5.8 percent, citing low private investment and poor government finances.
Will Australia benefit from a greying workforce? The Federal Age Discrimination Commission thinks so, stressing that allowing workers aged 55 and up to continue working could prove as "the secret to our future prosperity." The Commission is actually convinced that increasing the numbers of active Australia n workers beyond 50 will served as a considerable boost to the domestic economy, specifically a minimum of $33 billion bump to the gross domestic product ( GDP ) if the general labour force would be comprised of at least three per cent retirement-age employees.
(Reuters) - The worst drought to hit U.S. cropland in more than half a century could soon leave Americans reaching deeper into their pockets to fund a luxury that people in few other countries enjoy: affordable meat. Drought-decimated fields have pushed grain prices sky high, and the rising feed costs have prompted some livestock producers to liquidate their herds.
Barclays PLC, which is still mired in the Libor rate-rigging scandal , has prompted fresh criticism as allegations emerged that the huge British bank has been profiting handsomely from world hunger by betting on food crisis and helping to push prices up. Barclays Capital, the investment arm of the bank ( NYSE :BCS), reportedly made more than £500 million ($795 million) by speculating on food staples such as wheat and soya, while millions around the world face starvation, The Independent in London reported Saturday, citing research from the World Development Movement. Barclays is the UK bank with the greatest involvement in food commodity trading and is one of the three biggest global players in that market, along with the U.S.