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Monday, October 10, 2011

Today's Top Stories 10-10-11

BLOOMBERG

Republican presidential candidates attempted to deflect questions about whether frontrunner Mitt Romney, a Mormon, could be considered a Christian, an issue raised by evangelical voters during Romney’s 2008 campaign and spotlighted again by a backer of Texas Governor Rick Perry.

Herman Cain, a one-time pizza magnate and sunny-skies orator, is entering a new phase of scrutiny after a wave of Republican Party dissatisfaction with its presidential choices has thrust him into the upper tier of candidates.

The world’s entire population can have electricity and cleaner stoves by 2030 if $48 billion is invested each year, the IEA said in its first estimate of the cost to end energy poverty.

Denmark’s bank crisis is taking its toll on the economy’s recovery prospects as companies struggle to find lenders willing to provide loans, the Confederation of Danish Industry warned.

Syrian opposition leaders sought support for their new coalition as human rights activists said the death toll in the seven-month uprising against President Bashar al-Assad rose to 4,000.

Egyptian shares dropped to the lowest level in more than two years and the country’s default risk rose after clashes between Christian demonstrators and security forces in Cairo left dozens dead.

Interest-rate derivative users may have to set aside at least $1.4 trillion in margin payments under new rules mandated by the U.S. Dodd-Frank Act, according to research firm Tabb Group.

The U.S. listeria outbreak linked to contaminated cantaloupes has expanded to 24 states including New York and has now killed 21 people, the Centers for Disease Control and Prevention said.

Four former Cantor Fitzgerald LP managing directors left the New York-based brokerage to become senior managers at a boutique investment bank owned by a China- backed, Hong Kong-listed venture.

AP Top Stories

The chairman of the House oversight committee said Sunday that he could send subpoenas to the Obama administration as soon as this week over weapons lost amid the Mexican drug war.

Clashes over the weekend between Syrian soldiers and army defectors and a shooting at a funeral have killed at least 17 members of the military and 14 civilians, the latest sign of the militarization of the uprising against President Bashar Assad's regime, a human rights group said.

None of the Republican presidential candidates took an opportunity to criticize Romney for his religion over the weekend, after Texas Gov. Rick Perry accepted a public endorsement from a prominent Texas pastor who said as a Mormon, Romney was a cultist.

Pakistani soldiers killed 30 Afghan militants who had crossed the border to attack the army, Pakistani military officials said.

Prices for rice, wheat and other key foods are expected to remain volatile and possibly increase and poor farmers and consumers particularly in Africa will be hurt most, U.N. food agencies said.

Gov. Jerry Brown signed the measure into law. Young illegal immigrants in California can now compete for state-funded scholarships and grants in order to attend the state's prestigious universities and community colleges.

Younger generations are leading the way toward greater tolerance and social acceptance of gays and lesbians in the United States, according to new research.

Oil prices climbed above $84 a barrel after better than expected U.S. jobs data and a vow from European leaders to support the region's bank sector hampered by the sovereign debt crisis.

1 comment:

Anonymous said...

The republican party is smart putting Herman Cain out front to do their bidding in bashing the current policies. I say this as someone that would vote for Herman Cain.

However, it does make the stone throwing more concrete when the words come from another black man instead of whitey.

It does take the race card out of it unless Jackson, Sharpton and Farrakan claim that Herman Cain is an "Uncle Tom" under the thumb of whitey's politics. Haven't heard much from the three DePu graduates so far.