Thursday, January 5, 2012

Iraq - Pilgrims targeted as sectarian attacks surge

Published on Jan 5, 2012 by
http://www.euronews.net/ Sectarian violence in Iraq has intensified dramatically with a spate of bombings that has left more 60 people dead. Four devices, hidden in vehicles or left by the road exploded in separate Shi'ite communities in Baghdad.

The victims in the Kadhimiya and Sadr City districts were mostly civilians going about their daily lives. Some 30 people were killed in the series of blasts that rocked the capital. Dozens of others were injured.

USA - Kodak prepares for Chapter 11 filing: report

Published on Jan 5, 2012 by
http://www.euronews.net/ Eastman Kodak is reportedly preparing to file for bankruptcy protection from its creditors in case it is unable to sell its digital patents to raise cash.

The Wall Street Journal said that could come later this month or early February.

The once-iconic photographic film pioneer's cash reserves are dwindling and it has been looking for a buyer for its 1,100 digital patents since last July.

China - trade surplus narrows to the equivalent of 125 billion euros.

Published on Jan 5, 2012 by
http://www.euronews.net/ China's trade surplus shrank slightly last year to the equivalent of 125 billion euros.

Export growth fell, hit by weaker demand from key export markets -- Europe and the US -- but there was also a rise in imports.

Beijing has vowed to boost domestic demand and increase imports to create a better trade balance in the face of criticism particularly from Washington.

Philippines - Landslide Buries Dozens, either dead or missin

Published on Jan 5, 2012 by
Dozens are either dead or missing after a massive landslide in the Southern Philippines. The landslide occurred in an area where thousands of poor people come to dig or pan for gold.

Italy - Raw Video: Mount Etna Erupts

Published on Jan 5, 2012 by
Italy's Mount Etna volcano is erupting, for the first time of the new year. Etna, on the island of Sicily, is considered Europe's most active volcano.(Jan. 5)

USA - President Barack Obama Unveils New Strategy for Smaller Military

Published on Jan 5, 2012 by
President Barack Obama insists the United States will maintain what he calls the best-equipped military in history despite deep and looming defense budget cuts. (Jan. 5)

Britain - David Cameron promises Government will remove the fear of businesses being strangled by red tape

Uploaded by on Jan 5, 2012
The Prime Minister promises the Government will remove the fear of being
strangled by red tape from running a business.

Britain - Winds cause disruption Overnight gusts of up to 112mph in the Pennines.

Uploaded by on Jan 5, 2012
Strong winds have been causing damage and disruption across the country, with overnight gusts of up to 112mph in the Pennines.

Thousands of homes and businesses are without power in England and Scotland.

BBC weather forecasters said strong winds would persist until early evening on Thursday, with 60 to 70mph winds on north-western coasts. Ed Thomas reports.