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Nov 20, 2012

BBC Breaking News -November 20, 2012-: UN condemns Dr Congo rebel seisure of Goma

UN condemns DR Congo rebel seizure of Goma

Breaking news
The UN Security Council has backed a resolution calling for sanctions against leaders of rebels in the Democratic Republic of Congo.
The resolution, adopted unanimously, came hours after the rebels seized the eastern city of Goma.
The rebels met little resistance from the army or UN peacekeepers.
In its resolution, the Security Council demanded an end to foreign support for the M23 rebels and expressed readiness to take appropriate measures.
After M23 fighters entered Goma, the leaders of DR Congo and Rwanda, Joseph Kabila and Paul Kagame, flew to Uganda for talks, amid claims that Rwanda was backing the rebels.
Mr Kabila has urged people to "resist" the rebels.
But there was no resistance from the nearly 1,500 UN peacekeepers in the city, which lies two hours' drive away from Rwanda's capital, Kigali.
A UN spokesman said its peacekeepers had held their fire as rebels took the city to avoid triggering a battle, putting civilians at risk.

GATA | THE GATA DISPATCH -November 20, 2012-: Ron Paul interviewed by GoldMooney on prospects for gold private money

Ron Paul interviewed by GoldMoney on prospects for gold and private money

8:28p ET Tuesday, November 20, 2012

GoldMoney's Andy Duncan today interviews retiring U.S. Rep. Ron Paul, recent candidate for the Republican presidential nomination, about his career, prospects for a new gold standard, and prospects for legalization of private, competitive currencies. In regard to the latter, Paul cites the case of Liberty Dollar founder Bernard von NotHaus. The interview is 15 minutes long and can be heard at GoldMoney's Internet site here:

http://www.goldmoney.com/podcast/ron-paul-on-sound-money-prospects-in-th...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

NYT Global Update -November 20, 2012.-: Clinton Arrives in Middle East as Egypt Says Truce in Gaza Is Close

The New York Times International Herald Tribune
November 20, 2012

Global Update



TOP NEWS

Clinton Arrives in Middle East as Egypt Says Truce in Gaza Is Close

By ISABEL KERSHNER, PETER BAKER and RICK GLADSTONE
Diplomatic moves hastened on Tuesday amid some of the most intense violence yet, as Israel responded to rocket fire with an airstrike near a Gazan hospital that killed at least nine people.

Obama Steps Back Into a Conflict He Avoided

By MARK LANDLER
After a futile effort on Middle East peace talks early in his tenure, President Obama has begun an effort that could shape relations with Israel, the Palestinians and Egypt.

Congo Rebels Seize Provincial Capital

By JEFFREY GETTLEMAN and JOSH KRON
Rebel fighters overtook one of the biggest cities in the Democratic Republic of Congo, setting off riots and raising serious questions about the stability of Congo as a whole.
Opinion

Op-Ed Contributors

Deadly Fake Medicines

By AMIR ATTARAN and ROGER BATE
W.H.O. delegates meeting in Buenos Aires must forge a treaty to halt substandard and falsified drugs that kill thousands each year.
Arts

Video: Musical Moments

Anthony Tommasini performs some of his favorite classical music moments on piano and invites readers to suggest their own.
WORLD

Britain Is Latest Power to Recognize Syrian Opposition Coalition

By STEPHEN CASTLE
Britain joins France, Turkey and several Arab countries in backing the newly formed opposition coalition, which increases its international legitimacy.

Former Murdoch Aides to Be Charged With Bribery

By ALAN COWELL and JOHN F. BURNS
Prosecutors said on Tuesday that two former executives in Rupert Murdoch's British newspaper outpost - Andy Coulson and Rebekah Brooks - will be charged with making corrupt payments to public officials.

For Obama and Clinton, Their Final Tour in Asia as Partners

By PETER BAKER
For President Obama and Secretary of State Hillary Rodham Clinton, this week's trip to Southeast Asia is to be their last foreign adventure together in office.
BUSINESS
DealBook

With Autonomy, Hewlett-Packard's Latest Deal-Making Misstep

By WILLIAM ALDEN
The announcement that Hewlett-Packard will take a $8.8 billion charge comes just one quarter after it took a large write-down in relation to Electronic Data Systems, which itself follows a string of deal-making missteps by the company.
DealBook

Hewlett-Packard Takes $8.8 Billion Charge

By MICHAEL J. DE LA MERCED and QUENTIN HARDY
Hewlett-Packard said it took the charge after it discovered "serious accounting improprieties" at Autonomy, the British software maker it bought for $11.7 billion last year.
DealBook

Autonomy's Ex-Chief: H.P.'s Claims 'Completely and Utterly Wrong'

By MICHAEL J. DE LA MERCED
The former chief executive of Autonomy, the British software maker at the center of Hewlett-Packard's latest scandal, denied that his former company committed any accounting chicanery or misled anyone about its financial information.
TECHNOLOGY
Virtual U.

College of Future Could Be Come One, Come All

By TAMAR LEWIN
Colleges are building global student bodies and trying to create models for massive open online courses, or MOOCs.

Seeking a Better Way to Find Web Images

By JOHN MARKOFF
Because an image can be found on the Internet only if the text entered by a searcher matches the text used to label it, scientists are working on a new generation of visual technologies.

Scientists Find Cheaper Way to Ensure Internet Security

By JOHN MARKOFF
The new technique will first be used in national security communications, but ultimately will help protect all information transmitted on the Internet.
SPORTS

Beckham Still Changes the Game - Financially

By ROB HUGHES
David Beckham, who has announced that he is leaving the Los Angeles Galaxy, has had a far-reaching effect on soccer, both in Spain and in the United States.

A Jockey Is Cool, Calm and Collecting Millions

By RYAN GOLDBERG
Ramon Dominguez, with an unorthodox style on New York racetracks, will lead riders in the United States in earnings for a third year.
Essay

Indirect Path to Finish for Disabled Marathoner

By ANDREW W. LEHREN
Eline Oidvin, a runner with limited sight, had planned to run in her first New York City Marathon. But Hurricane Sandy forced her to change course.
U.S. NEWS

A Class Where Opening Minds, Not Earning Credits, Is the Point

By TAMAR LEWIN
An online course on world music exposed one reporter to the sounds of Tuva, Australia and Africa, teaching her, for example, that the human throat can produce two notes simultaneously.

In Florida, Republican Concedes House Race

By LIZETTE ALVAREZ
After nearly two weeks of wrangling, Representative Allen West relinquishes his fight and accepts defeat.

4 California Men Accused of Plotting to Join Terrorism Groups

By TIMOTHY WILLIAMS
The men sought to join Al Qaeda and the Taliban and travel to Afghanistan to kill American troops, federal authorities said.
OPINION
Op-Ed Columnist

The Conservative Future

By DAVID BROOKS
An unorthodox crop of center-right free-thinkers defy caricatures of the G.O.P.
Editorial

Hamas's Illegitimacy

Israel is not the only party responsible for the current conflict in Gaza.

DealBook P.M. Edition -November 20, 2012-: Ex-SAC Capital Trader Charged in $276 Million Insider Scheme



Tuesday, November 20, 2012
TOP STORY
The billionaire investor Steven A. Cohen and his hedge fund, SAC Capital, are in the spotlight over insider trading crimes committed by former employees.
Ex-SAC Capital Trader Charged in $276 Million Insider Scheme Mathew Martoma, a former trader at a division of SAC Capital, has been charged with making about $276 million in combined profits and avoided losses by obtaining confidential information about a drug trial.

The case is the latest to put the billionaire investor Steven A. Cohen and his hedge fund, SAC Capital, in the spotlight over insider trading crimes committed by former employees.
  • DEALBOOK »
  •  
  •  
    DEALBOOK HIGHLIGHTS
    Hewlett-Packard Takes $8.8 Billion Charge Hewlett-Packard said it took the charge after it discovered "serious accounting improprieties" at Autonomy, the British software maker it bought for $11.7 billion last year.
    Autonomy's Ex-Chief: H.P.'s Claims 'Completely and Utterly Wrong' The former chief executive of Autonomy, the British software maker at the center of Hewlett-Packard's latest scandal, denied that his former company committed any accounting chicanery or misled anyone about its financial information.
    Latest Slip for H.P. Forces a New Write-Down Hewlett-Packard's new charge comes just one quarter after a write-down in relation to Electronic Data Systems.
    Deal Professor: In Goldman Sachs's Retreat From I.P.O., a Signal to Investors Steven M. Davidoff says that Goldman withdrew as the lead underwriter for the initial public offering of the Russian cellphone operator MegaFon, but the multibillion-dollar offering is hurtling forward nonetheless, highlighting a flawed system.
    Shareholders Vote to Approve Glencore's Merger With Xstrata After more than nine months of negotiations, shareholders voted to approve Glencore International's $31 billion takeover of the mining company Xstrata.
    Bayer Drops Bid for Schiff Nutrition Bayer walked away from a deal to buy the nutritional supplement company Schiff Nutrition International for $1.2 billion, after Reckitt Benckiser made a $1.4 billion offer.
    Kweku M. Adoboli was sentenced to seven years in a $2.3 billion trading loss at UBS.
    Ex-UBS Trader to Serve 7 Years for Large Trading Loss Kweku M. Adoboli was given a seven-year jail sentence after he was found guilty on two charges of fraud for actions that prompted a multibillion-dollar trading loss at UBS, though he was found not guilty on four counts of false accounting.
    Credit Suisse Shakes Up Management in Restructuring Credit Suisse shook up its management on Tuesday, naming a co-head of investment banking and merging its asset management division into its wealth management and private banking unit.
    LOOKING AHEAD
    Economic Reports Data scheduled to be released on Wednesday will include weekly jobless claims, the Thomson Reuters/University of Michigan consumer sentiment index for November and leading economic indicators for October.
    Corporate Earnings Companies scheduled to release quarterly earnings reports on Wednesday include Best Buy, Campbell Soup, H. J. Heinz, and Medtronic.
    In the United States On Wednesday, Irving H. Picard, the trustee trying to recover money for the victims of Bernard L. Madoff's huge Ponzi scheme, will urge an appeals court to reinstate four lawsuits against banks that were dismissed by trial judges.



NYT Politics -November 20, 2012-.: Obama Steps Back Into a Conflict He Avoided

The New York Times

November 20, 2012

Politics



Obama Steps Back Into a Conflict He Avoided

After a futile effort on Middle East peace talks early in his tenure, President Obama has begun an effort that could shape relations with Israel, the Palestinians and Egypt.

In Florida, Republican Concedes House Race

After nearly two weeks of wrangling, Representative Allen West relinquishes his fight and accepts defeat.

More Politics

Bernanke Urges Swift Action on a Fiscal Accord

The Federal Reserve chairman said that while the details of a Congressional agreement to avert a so-called fiscal cliff were important, so were speed and a general impression of a functional and cooperative legislative branch.
Gov. Chris Christie, left, lauded President Obama, who visited New Jersey and viewed damage from Hurricane Sandy.

After Obama, Christie Wants a G.O.P. Hug

Gov. Chris Christie of New Jersey, who praised the president just before Election Day, is trying to tame the fury of fellow Republicans who feel he betrayed Mitt Romney.
Grover Norquist, who leads Americans for Tax Reform, has claimed he wants to reduce government

For Tax Pledge and Its Author, a Test of Time

Some Congressional Republicans say they resent being hamstrung by a pledge created by the lobbyist Grover Norquist that they signed years ago, and some have defected.
News Analysis

Politics Complicates the Math in Ending Tax Breaks for Rich

Raising revenue without increasing rates might be politically infeasible and massively unpopular, experts say, as it would involve wiping out nearly every deduction, credit and preferential rate affluent households claim.
Warren B. Rudman, right, with George J. Mitchell at a news conference in 2001.

Warren B. Rudman, Budget-Conscious Senator, Dies at 82

Mr. Rudman, a moderate and sometimes combative Republican, left his name on laws that sought to force the government to spend within its means.
The Maersk Missouri in Elizabeth, N.J., in August.

American Carriers Are Left Behind in Cargo Program

A program that subsidizes the shipment of United States military cargo was started as a way to boost American shipping, but it is dominated by overseas shipping giants.
ADVERTISEMENT

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A one-stop destination for the latest political news, from The Times and other top sources around the Web. Plus opinion, polls, campaign data and video.

Multimedia

Video: Hillary Clinton Heads to Israel
TimesCast Politics: The Obama administration sends the secretary of state to the Middle East amid talk of a Gaza cease-fire. | An interview with the anti tax advocate Grover Norquist.
Interactive Graphic: Presidential Exit Polls
A look at how different demographics voted in 2012.
Full Election Results
Results from the 2012 presidential, Senate and House Races.

MarketWatch | Wall Street at Close Report -November 20, 2012- : U.S. stocks close with S&P 500 up for a third day:

By Kate Gibson

NEW YORK (MarketWatch) - U.S. stocks on Tuesday closed nearly unchanged after a two-session rise as Federal Reserve Chairman Ben Bernanke urged lawmakers to reach a budget agreement and end uncertainty over the so-called fiscal cliff of scheduled spending cuts and tax hikes. "This is a classic fear-driven market. It seems like people in Washington are much more willing to play nice together, but a lot of folks on Main Street and Wall Street just don't trust them yet," said Robert Pavlik, chief market strategist at Banyan Partners LLC. The Dow Jones Industrial Average DJIA -0.06% fell 7.45 points, or less than 0.1%, to 12,788.51. The S&P 500 index SPX +0.07% rose nearly 1 point, or 0.1%, to 1,387.81. The Nasdaq Composite COMP +0.02% added 0.61 point to 2,916.68.

Business in Vancouver | BIV Today's Business News -November 20, 2012-: Income mobility often ignored in income inequality debate: Fraser Institute


Politics and Policy

Government keeps quiet on Telus compensation over BC Place debacle

Mystery shrouds the cost to taxpayers for compensating Telus after its ... READ MORE

Economy and Finance

 

Income mobility often ignored in income inequality debate: Fraser Institute

People earning the lowest incomes in the country can easily move up to ... READ MORE

Human Resources

 

More companies OK with employees shopping online at work

In the lead-up to the holiday season, many employees may try to get a little online shopping done while ... READ MORE

More News...

   

Absolute Software acquires IT help-desk software provider LiveTime

CUPE job action continues at VCC

Vancouver travel agent Uniglobe expands to Poland