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Rome (CNN) – The new pope gave an insight into his choice of the name Francis in an audience with journalists Saturday — his first meeting with the media since he was chosen as leader of the Roman Catholic Church three days ago. Francis, who before he became pope was known as Cardinal Jorge Bergoglio, said a fellow cardinal from Brazil had told him “don’t forget the poor” as the votes stacked [...] It seems that chivalry is dead thanks to growing financial pressures and greater equality at work as men are becoming increasingly unwilling to cover the cost of a first date. The latest survey revealed that most men would now ask for a contribution from a female partner on a first date with the vast majority (51 per cent) happier to go Dutch and split the bill. The true gentlemen out there are [...] Beggars can once again be choosers. In other news, non-news (the Catalan bailout was announced at least two times before) is news again, and magically drives the amnesiac market all over again. From Cinco Dias, courtesy of the always amusing google translate, which makes any news, no matter how tragic, quite hilarious without fail:
“Catalonia 5,023,000 calls but will not accept the State Policies The Catalan government today applied to join the Spanish [...] (CNSNews.com)- House Minority Leader Nancy Pelosi (D.-Calif.) told a recent gathering of the Women’s Political Committee that the spirits of suffragists Susan B. Anthony, Elizabeth Cady Stanton and Alice Paul spoke to her at the White House. Pelosi said she heard them say: “At last we have a seat at the table”. A video recently posted on Youtube shows Pelosi speaking in May describing her first meeting with President Bush in the White House [...] Greece’s newly appointed Prime Minister Antonis Samaras said Thursday evening that changes in Greece must start imminently and that his first act was therefore to cut the salaries of his cabinet members by 30%, effective immediately. Speaking to the press shortly before the first meeting of his cabinet, Samaras declared, “this government has no grace period and must show results at once.” http://www.efxnews.com/story/13192/greece-pm-cut-ministers-salaries-30-immediately?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Efxnews+%28eFXnews+%29
AFP: The German government on Monday ruled out reworking the European Union’s fiscal pact despite calls to do so by French president-elect Francois Hollande. “It is not possible to renegotiate the fiscal pact,” government spokesman Steffen Seibert told a regular news conference. He noted that 25 of the 27 EU member states had already signed the accord imposing strict budgetary discipline in March after major wrangling. Hollande has called for a shift in [...] http://www.haaretz.com/news/diplomacy-defense/u-s-to-demand-iran-immedia… U.S. to demand Iran immediately close Fordo nuclear facility The New York Times reports that the Obama administration, European allies due to set demands for Iran nuclear talks, that include a halt in production of higher-level uranium enrichment. “We have no idea how the Iranians will react,” a senior Obama administration official told the newspaper. “We probably won’t know after the first meeting.”
ARE THEY FUCKING SERIOUS??? Bunch of fucking liars. They are creating [...] WASHINGTON – Ben Bernanke presided over his first meeting as Federal Reserve chairman in March 2006 believing the nation’s economy could pull off a “soft landing” from falling home prices. Three months later, Bernanke had begun to grasp that he and others had underestimated the risk housing posed to the economy. Newly released transcripts of Fed meetings during Bernanke’s first year as chairman show that, among Fed officials, he often expressed [...]
CAPTION UPDATE 11:40 ET with Girsky comments on deal, building Volts in China.
General Motors agreed in Shanghai today to develop an electric vehicle platform with longtime Chinese partner SAIC. It effectively moves GM’s future electric vehicle development to China. Unclear is whether this would also lead to assembly of future EVs for the U.S. market in China. The deal came as the Chinese government is pushing foreign automakers to give Chinese [...] Steve Jobs found himself frustrated by President Barack Obama’s lack of resolve, but the two eventually found common ground over education reform, his new biography has revealed.
“I’m disappointed in Obama, he’s having trouble leading because he’s reluctant to offend people or piss them off,” Jobs said of the President. “Yes, that’s not a problem I ever had.” Political deadlocks annoyed him, such as when the Republicans blocking the “Dream Act” — [...] Yes, that Shakira: Leading a slew of otherwise routine new appointees to the President’s Advisory Commission on Educational Excellence for Hispanics is Colombian pop star Shakira. “Shakira Isabel Mebarak Ripoll is a Grammy Award-winning singer, songwriter, record producer, and dancer,” the White House said. “In addition to her career in music, Ms. Mebarak Ripoll has been involved in a number of global educational efforts.” And we [...] (Reuters) – The U.S. economy is on increasingly unsteady footing, hurt by stubbornly high unemployment and volatile oil prices, the head of General Motors Co told reporters on Tuesday. “There’s a lot of uncertainty about a jobless recovery, how strong is the recovery going to be? There’s a lot of concern about oil prices … so there’s some question about how strong the recovery will [...] By Robert Schroeder WASHINGTON (MarketWatch) — U.S. companies shouldn’t worry about inflation if they’re planning on expanding their business, President Barack Obama said Thursday. “We’re not seeing a broad-based inflation trend,” Obama said at the first meeting of his Council on Jobs and Competitiveness. At the same meeting, Treasury Secretary Timothy Geithner said substantial world oil reserves should help with any disruptions to oil [...] Congressman Ron Paul doesn’t think we’re going to get real reform at the Fed until there’s a crisis that forces change in U.S. monetary policy. “I think we’ll end up with a real crisis and then they’ll have to stop, think about it, and have a reform,” of Fed policy, he said. As new Chairman of the House Subcommittee on Monetary Policy, Congressman Paul sees informing the public [...] |
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