Insight: Congo army debacle at Goma raises specter of betrayal

GOMA, Democratic Republic of Congo (Reuters) - When Congo's government army retreated in panic from the eastern city of Goma last month, many observers blamed the poor morale and leadership, ill discipline and corruption that have sapped its fighting capacity for years. In the hours before Goma fell to M23 rebels on November 20, drunk and terrified Congolese soldiers roamed the streets...

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Low-interest environment driving investors to seek higher yields

SINGAPORE: The low-interest environment is driving investors to seek higher returns as global economic conditions improve.Flushed with liquidity from major central banks' monetary easing, most analysts agreed that there is little upside left on safe assets like sovereign government debts.Instead, analysts are seeing more investors investing in high yield bonds often classified as distressed...

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BJP ally JD(U) backs PM's remark on plight of minorities in Gujarat

NEW DELHI: Backing Prime Minister Manmohan Singh's remarks on the plight of minorities in Gujarat, JD(U) said on Monday there are "serious reservation in the minds of minorities concerning Narendra Modi." Stepping up the Congress campaign in Gujarat, Singh had told an election rally there on Sunday that minorities, including some government officials, felt insecure under the Modi government. "Election...

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Smokers celebrate as Wash. legalizes marijuana

SEATTLE (AP) — The crowds of happy people lighting joints under Seattle's Space Needle early Thursday morning with nary a police officer in sight bespoke the new reality: Marijuana is legal under Washington state law.Hundreds gathered at Seattle Center for a New Year's Eve-style countdown to 12 a.m., when the legalization measure passed by voters last month took effect. When the clock struck, they...

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Mexican-American Star Dead in Plane Crash: Father

UPDATED: Multiple reports, including one from Gerardo Ruiz Esparza, Mexico's Secretary of Communications and Transports, confirm that the remains of the private jet carrying Jenni Rivera have been found, with no survivors. Rivera, 43, was one of seven passengers.Rivera's father, Pedro, confirmed the news of his daughter's passing to reporters stationed outside of his home in...

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Egypt president scraps decree that sparked protests

CAIRO (Reuters) - Egyptian President Mohamed Mursi has cancelled a decree that gave him sweeping powers and sparked violent unrest but did not delay this month's referendum on a new constitution that was a major demand of his opponents. Islamist supporters of Mursi have insisted the referendum should go ahead on time on December 15, saying it is needed to complete a democratic transition...

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Chavez admits cancer relapse, designates heir apparent

CARACAS: Leftist Venezuelan President Hugo Chavez admitted a relapse of his cancer late Saturday and designated vice president Nicolas Maduro as his heir apparent in case "something happened" to him.Speaking on national television, an emotional Chavez said a return of cancer cells was detected during his most recent visit to Cuba for a medical examination, and he will return to the communist-ruled...

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India misguided, paranoid over China: Guha

Shreya Roy Chowdhury, TNN Dec 8, 2012, 06.12AM ISTMUMBAI: A good half-hour into the discussion on 'India, China and the World', historian Ramachandra Guha issued a disclaimer—all the three members on the panel had been to China only once. "We should learn their language, promote quality research, and have a panel on China driven by Chinese scholars," he said. And that was the general tenor of the...

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Smokers celebrate as Wash. legalizes marijuana

SEATTLE (AP) — The crowds of happy people lighting joints under Seattle's Space Needle early Thursday morning with nary a police officer in sight bespoke the new reality: Marijuana is legal under Washington state law.Hundreds gathered at Seattle Center for a New Year's Eve-style countdown to 12 a.m., when the legalization measure passed by voters last month took effect. When the clock struck, they...

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Gay Marriage: Will Justices Follow Popular Opinion?

The Supreme Court's announcement that it would hear two cases challenging laws prohibiting same-sex marriage has reinvigorated one of the most hotly contentious social debates in American history, a debate that has been fueled by a dramatic change in attitudes.With some states taking significant steps towards legalizing gay marriage, the hearings come at a critical moment.This...

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