Stig Östlund

onsdag, juli 18, 2012

News - Afternoon Update

NEW YORK TIMES
 
TOP NEWS

Fiscal Crisis in States Will Last Beyond Slump, Report Warns

By MARY WILLIAMS WALSH and MICHAEL COOPER
Long after the economy rebounds, states will face financial problems that include rising health care costs and underfunded pensions, a task force of budget experts said.

Unity Government in Israel Disbanding Over Dispute on Draft

By JODI RUDOREN and RICK GLADSTONE
Israel's unity government unraveled on Tuesday when the head of the centrist Kadima Party, Shaul Mofaz, said he was withdrawing over a proposed universal draft law.

Cautious on Growth, Bernanke Offers No Hint of New Action

By BINYAMIN APPELBAUM
Ben S. Bernanke, the Federal Reserve chairman, said the Fed was seeking greater clarity on the health of the recovery as it weighed the need for a new round of economic stimulus.

Syria Hardens Its Response to Rebels in Damascus Clashes

By NEIL MacFARQUHAR and DALAL MAWAD
Fighting between the Syrian army and rebels near the capital's center extended into a third day, overshadowing diplomatic efforts to end the conflict.

Armstrong Teammate Seen as Reluctant but Reliable Witness

By JULIET MACUR
Of Lance Armstrong's teammates, the respected George Hincapie is likely to know more about the behind-the-scenes activity on their cycling teams than any other rider.
Multimedia

Video: TimesCast | July 16, 2012

Secretary of State Hillary Rodham Clinton visits Israel. | The United Nations special envoy, Kofi Annan, visits Moscow.
Room for Debate
Hovering Parents, Perpetual Children
Are the cello and language lessons coming at the expense of teaching children to be responsible adults?
BUSINESS

Malls' New Pitch: Come for the Experience

By STEPHANIE CLIFFORD
To meet online competition, shopping malls are signing tenants that offer dining, hairstyling, craft-making and other things the Internet can't provide.
DealBook

Bank of England Chief Denies New York Fed Gave Warning on Rate-Rigging

By MARK SCOTT
Mervyn A. King, governor of the Bank of England, told a parliamentary committee that there was "no suggestion of fraudulent behavior" in an e-mail in 2008 from Timothy F. Geithner, then the chief of Federal Reserve Bank of New York.
DealBook

Goldman's Earnings Fell 12% in 2nd Quarter

By MICHAEL J. DE LA MERCED
Goldman Sachs reported on Tuesday that its profit fell 12 percent in the second quarter, as the investment bank continued to grapple with a moribund economy.
Euro Watch

Spanish Borrowing Costs Drop as Economy Minister Warns on Debt

By STEPHEN CASTLE
Spain's economy minister said that demand for euro zone debt had ground to a halt because of "slow and complicated" decision-making by European leaders. Most stock markets were higher.

Europe Opens New Microsoft Inquiry

By JAMES KANTER
The European Commission asserts that the software giant breached commitments made in 2009 to open the browser market.

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