Europe’s leaders warn of tough 2012
Europe’s leaders warned 2012 was likely to be tougher than 2011, when spiralling borrowing costs forced political change in Italy and Spain and threatened the survival of the euro
January 1, 2012
Nine die, 50 hurt in botched Congo jail break
KINSHASA (Reuters) - Nine inmates were killed in a botched prison break in the Democratic Republic of Congo on Sunday after one of them pulled the pin on a grenade but didn’t throw it, a police official said. The incident follows a rash of prison violence and escapes in the central African country, including the escape of nearly 1,000 detainees from a high security jail in September. “The civilian (prisoner) did not know how to use a grenade, he pulled the pin out but didn’t throw it,” the provincial chief of police, General Gaston Luzembo, told Reuters. …
Bridging the great divide between home buyers and sellers
With mortgage rates below 4% and prices near bottom in many markets, it’s a good time to buy a house. But many owners won’t sell because they can’t get the price they want. Where do you side in the great real estate buy-sell divide of 2012? If you’re a homeowner considering selling sometime in the new year, are you apprehensive that you won’t get the price you need or want, and therefore it’s …
Global markets finish a wild 2011
World stock markets finish one of the most dramatic years for the global economy, with most well down for the year.