For someone not running for political office, Premier Mario Monti has an awfully detailed plan for how to fix Italy's financial woes and bring the country and the rest of Europe back to economic health. And by Monday, not only had centrist leaders who want him as premier endorsed it, but so did the head of the Catholic Church in Italy.Monti issued a 25-page agenda to "Change Italy, Reform Europe"...
S&P cuts Egypt rating on political strife
Labels: Business Standard & Poors' cut Egypt's long-term credit rating on Monday and said another downgrade was possible if deepening political turbulence undermines efforts to prop up the economy and public finances.Egypt's popular uprising two years ago drove away tourists and foreign investors alike, helping push its budget deficit into double digits as a percentage of national output and worsening its...
Monti urges debate on Italy election as rivals open fire
Labels: Business Outgoing Prime Minister Mario Monti posted his reform agenda online on Monday, urging Italians to join a debate on their country's future as potentially bitter election campaign gets underway two months before Italy goes to polls.Following weeks of hesitation, Monti declared his availability on Sunday to lead a reform-minded centrist alliance to seek a second term to complete the economic reform...
TSX closes lower as U.S. budget fears linger
Labels: Business Canada's main stock index ended down after a quiet, shortened Christmas Eve trading session on Monday, as oil prices extended their retreat on worries about U.S. 'fiscal cliff' budget measures, pulling energy shares lower.With U.S. lawmakers suspending talks on the spending cuts and tax increases that could send the economy back into recession until after Christmas, the market was cautious.Rick...
Yields at Egypt auction of 5-year bonds
Labels: Business The maximum yield at an auction of 500 million Egyptian pounds of five-year bonds edged up to 14.37 percent on Monday from 14.25 percent two weeks earlier, the central bank said.Bond yields climbed after a political battle that broke out over the country's new constitution last month threatened to undermine the government's efforts to prop up the economy and public finances."Rates are climbing...
Dec
25
Pagano back to coach Colts after cancer treatment
Labels: Sports Chuck Pagano stepped to the podium Monday, hugged his team owner, thanked his family for its support and wiped a tear from his eye.He might, finally, turn out the lights in his office, too.Nearly three months to the day after being diagnosed with leukemia, the Colts' first-year coach returned to a team eager to reunite with a boss healthy enough to go back to work."I told you my best day of...
Pagano joins playoff bound Colts after battle with cancer
Labels: SportsThe Indianapolis Colts and their fans got an early Christmas gift when head coach Chuck Pagano returned to work on Monday, three months after being forced to the sidelines to battle cancer.Diagnosed with leukemia in late September, Pagano spent the last three months undergoing treatment, including chemotherapy, while his inspired team led by rookie quarterback Andrew Luck battled on the field earning...
Ryan says Tebow would have done wildcat if asked
Labels: Sports Tim Tebow would have done whatever Rex Ryan asked — if the New York Jets coach had asked him.Ryan acknowledged Monday that Tebow wasn't happy when the coach chose Greg McElroy to start for the benched Mark Sanchez, but insisted Tebow was willing to play in any role Sunday against San Diego — including the wildcat."He was disappointed, there's no question," Ryan said Monday. "He was disappointed...
Column: Seattle isn't just sleepless, it's loud!
Labels: SportsThat dull roar still rumbling between your ears a day later is not your imagination.It's the echo from the 49ers-Seahawks game Sunday night, when an already notoriously loud hometown crowd outdid itself. How?Start with CenturyLink Field, a U-shaped stadium with cantilevered roofs extending over most of the 67,000 seats in the grandstands, a configuration designed to bounce back sound. Then throw in...
Manning, Peterson, Pagano: 2012 a year to remember
Labels: SportsFrom Peyton Manning overcoming four neck surgeries to Adrian Peterson's rebound from a shredded knee to Chuck Pagano's fight with leukemia, this has been the Year of the Comeback in the NFL.A season besmirched by tragedies, replacement officials and a bounty scandal also will go down as one in which some of the game's greats not only regained their old form but somehow surpassed it.There are always...
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