Thursday, January 10, 2013

Obama's new money man (1:50)



Jan. 10 - President Obama's Treasury Secretary pick Jack Lew will face fiscal fights and budget battles as part of his new economic team. Bobbi Rebell reports

Doll: 2013 Will Have Good Earnings, Less Concern


Jan. 10 (Bloomberg) -- Nuveen Asset Management Chief Equity Strategist Bob Doll discusses his predictions for 2013. He speaks with Adam Johnson and Trish Regan on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Tom DeMark: Sell Around the World


Jan. 10 (Bloomberg) -- On today's "Insight & Action," Adam Johnson looks at Market Studies CEO Tom DeMark's sell recommendations. Johnson speaks on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Snake on a Plane: Python Stuck on Quantas Jet


Jan. 10 (Bloomberg) -- Scarlet Fu reports on a python found stowed away on the exterior of a Quantas Airlines flight. She speaks on Bloomberg Television's "Market Makers." (Source: Bloomberg)

Asia's Millionaires Ditch First Class For New Toys


Asia's Millionaires Ditch First Class For New Toys Bloomberg's Susan Li and Haslinda Amin discuss the Southeast Asian millionaires looking for new and faster toys.

Vietnam: The World's Best Performer in 2013


The world-beating rally that drove Vietnamese stocks into a bull market is poised to continue as the government takes steps to boost the economy, BIDV Securities Co. and Vietnam Holding Asset Management Ltd. said.

China’s Inflation Grows as Chill Boosts Food Prices


China’s inflation accelerated more than forecast to a seven-month high as the nation’s coldest winter in 28 years pushed up vegetable prices, a pickup that may limit room for easing to support an economic recovery.

Canada killer whales trapped under ice



Published 10 January 2013 21:18
Canada killer whales trapped under ice.

Argentine ship returns home after two months



Published 10 January 2013 12:15
Ara Libertad, an Argentine naval ship detained in Ghana over a billion dollar international debt dispute has finally returned home. She was welcomed by Christina Fernandez, the country's president and thousands of Argentinians. The ship was detained after a claim was filed by a wealthy investor alleging Argentina had reneged on a deal involving Government bonds. Al Jazeera's Imran Khan reports.

Dublin eyes economic recovery, bailout exit



Published on Jan 10, 2013
http://www.euronews.com/ Ireland wants to mark a successful EU presidency by taking more steps on the road to economic recovery.

That was the message from the country's prime minister Enda Kenny after a meeting between Irish officials and the European Commission.

Dublin is eyeing an exit from the troika's bailout programme before the end of the year.

"Ireland's recovery is in Europe's interest and obviously in our own interest - and that's part of our ambition as presidency," said Kenny.

The Taoiseach and his deputy, Eamon Gilmore, said Ireland could serve as a model to other indebted eurozone countries.

European Commission chief Jose Manuel Barroso echoed their views, arguing that "restoring confidence is key" and that the question of a euro breakup is "no longer there".

The trio were speaking after a meeting between Irish officials and European Commissioners

Jobs carnage continues in Greece



Published on Jan 10, 2013
http://www.euronews.com/ Greece's unemployment rate climbed to a new record of 28.6 percent of the workforce in October.

The number of people who are out of work has almost tripled in the past three years as austerity measures have battered its economy.

After six years of recession, the jobless total in the debt-laden country is more than double the eurozone's average.

Unemployment among young Greeks - those under 24 - reached a new record of 56.6 percent.

A record 1.34 million Greeks were without work in October, up 38 percent from the same month in 2011, the government statistics service ELSTAT said, with another 36,219 lost after September when the jobless rate stood at 26.2 percent.

France: Churches into Mosques | European Journal



Published on Jan 10, 2013
The sale of church buildings has become commonplace in France - but a recent proposal to convert a church to a mosque has triggered a nationwide controversy. Church congregations in France are dwindling and the town of Vierzon is no exception. With a population of only 27,000, Vierzon is home to six Roman Catholic churches. To balance its books, the local diocese decided to sell one of the churches. But tempers flared after a Moroccan Muslim organization said it wanted to buy the church and convert it to a mosque. For more go to http://www.dw.de/program/european-journal/s-3065-9798

The Czech Republic on the Verge of a Blackout | European Journal



Published on Jan 10, 2013
European energy policy has become a highly-charged issue because the rapid expansion of green electricity in Germany is putting a strain on the power grid in neighboring countries.
Twenty percent of the electricity in Germany is generated from sustainable resources. Much of this is generated by wind farms in northern Germany and consumed in the southern part of the country. On especially windy days, the flow of electricity is spilling across Germany's borders and straining the power grids in neighboring countries. Now the Czech Republic is saying it will install security switches to avoid potential overload and blackouts. For more go to http://www.dw.de/program/european-journal/s-3065-9798

Spain city faces severe poverty



Published 10 January 2013 17:54
The European Union has warned there's a growing poverty gap between north and south Europe. Severe reductions in welfare spending mean governments can't protect those who need help. So charities and the church are stepping in. The Red Cross in Spain is now trying to help people at home, as well as abroad. Jacky Rowland reports from Jerez in Spain.