 |
 |
|
Navigation |
| CNN.com - Business |
| Trader accused of fraud pleads not guilty Mon, 30 Jan 2012 08:59:23 EST A trader accused of fraud over a $2.3 billion loss in unauthorized trading reported by Swiss banking giant UBS pleads not guilty in a London court. The trial of the trader, Kwaku Adoboli, is due to begin September 3. |
| Greek fury at plan for EU budget control Sun, 29 Jan 2012 19:15:34 EST Greece's finance minister angrily rejected a German plan for the eurozone to impose a budget overseer onto Athens in return for a new ?130bn bail-out, saying it would improperly force his country to choose between "financial assistance" and "national dignity". |
| RBS chief bows over bonus Mon, 30 Jan 2012 00:58:19 EST There was a whiff of inevitability about the decision by Stephen Hester, the Royal Bank of Scotland chief executive, to waive his £1M ($1.57M) bonus late last night, as the political and media furor mounted. |
| Iran to halt oil to 'some countries' Sun, 29 Jan 2012 21:13:14 EST Iran's oil minister said on Sunday that oil sales to "some countries" would be halted soon, amid pressure from the parliament that the government should pre-empt a looming European embargo. |
| Call for EU to control Greek budget Sat, 28 Jan 2012 04:29:08 EST The German government wants Greece to cede sovereignty over tax and spending decisions to a eurozone "budget commissioner", according to a copy of the proposal obtained by the Financial Times. |
| 100+ arrests in Occupy Oakland Sun, 29 Jan 2012 20:51:58 EST Municipal employees in Oakland worked Sunday to clean up damage they said was caused hours earlier by Occupy protesters, "possibly 400" of whom were arrested for breaking into a YMCA and City Hall and challenging police. |
| Ex-ECB head: EU part of 'global crisis' Mon, 30 Jan 2012 07:50:56 EST The former head of the European Central Bank says the eurozone's woes must not be taken in isolation, but viewed as part of a global crisis. |
| Greece's problems: Too big to fix? Mon, 30 Jan 2012 12:28:42 EST German leaders are furious with Greece. Yet again they have to go back to their electorates asking for more billions to throw down the black hole that is the Hellenic Republic. They have now become so angry that they are even openly proposing that Greece's fiscal affairs be deferred to some European Commissioner, preferably one of a Teutonic disposition. |
| IMF head: No country safe Sat, 28 Jan 2012 09:46:54 EST IMF head Christine Lagarde says no country will be safe from the eurozone crisis if action is not taken soon. |
| Is your boss a psycho? Fri, 20 Jan 2012 13:21:37 EST Think you suffer from a "psycho" boss? Some research suggests you might be right. And one recent study raises a disturbing question: Why are psychopaths four times more likely to be in senior management? |
| Useful Links: |
| News Search Engine |
| Word of the day |
Merriam-Webster's Word of the Day for February 06, 2012 is:
propinquity • \pruh-PING-kwuh-tee\ • noun
1 : nearness of blood : kinship 2 : nearness in place or time : proximity
Examples:
Many of the retirement community's residents cite the propinquity of the area's various cultural offerings as a significant reason for their choice of the facility.
"Canada was faced with the overwhelming propinquity of the United States; it was just next door -- for almost nine thousand kilometres." -- From Derek Lundy's 2011 book Borderlands: Riding the Edge of America
Did you know?
"Propinquity" and its cousin "proximity" are related through the Latin root "prope," which means "near." That root gave rise to "proximus" (the parent of "proximity") and "propinquus" (an ancestor of "propinquity"). "Proximus" is the superlative of "prope" and thus means "nearest," whereas "propinquus" simply means "near" or "akin," but in English "propinquity" conveys a stronger sense of closeness than "proximity." (The latter usually suggests a sense of being in the vicinity of something.) The distinctions between the two words are subtle, however, and they are often used interchangeably. "Propinquity" is believed to be the older of the two words, first appearing in English in the 14th century; "proximity" followed a century later.