WASHINGTON (Reuters) - President Barack Obama and Afghan President Hamid Karzai agreed on Friday to speed up the handover of combat operations in Afghanistan to Afghan forces, raising the prospect of an accelerated U.S. withdrawal from the country and underscoring Obama's determination to wind down a long, unpopular war. Signaling a narrowing of differences, Karzai appeared to give ground...
Euro adds more gains on dollar
Label: Technology NEW YORK: The euro surged for a second day Friday, adding 0.7 US cents to Thursday's two cent gain, pushed by what one analyst said was short covering and sustained by poor US trade data.The European currency traded roughly around the break-even line of $1.3261 but then took a leap to the $1.3350 levels the morning opening -- just 15 minutes before US trade data for November showed a wider-than-expected...
Security forces lag behind Maoists in human intelligence
Label: Lifestyle NEW DELHI: Blame it on poor human intelligence network. In the Latehar encounter, while Maoists got real-time information on troop movement in the Karmatiya forests leading to Monday's ambush that killed 10 securitymen, anti-Naxalite forces learnt of the movement of ultras only after they left a village. A contingent of Central Reserve Police Force (CRPF) and Jharkhand Jaguars was on the trail...
Flu season puts businesses and employees in a bind
Label: HealthWASHINGTON (AP) — Nearly half the 70 employees at a Ford dealership in Clarksville, Ind., have been out sick at some point in the past month. It didn't have to be that way, the boss says."If people had stayed home in the first place, a lot of times that spread wouldn't have happened," says Marty Book, a vice president at Carriage Ford. "But people really want to get out and do their jobs, and sometimes...
Obama Promises Faster Transition in Afghanistan
Label: Business President Obama and Afghan President Hamid Karzai said today that most U.S. combat operations in Afghanistan would end this spring, signaling a quickening troop drawdown that will bring the decade-long war to a close at the end of 2014."Our troops will continue to fight alongside Afghans when needed, but let me say it as plainly as I can: Starting this spring, our troops will...
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String of bombings kill 101, injure 200 in Pakistan
Label: WorldQUETTA, Pakistan (Reuters) - At least 101 people were killed in bombings in two Pakistani cities on Thursday in one of the country's bloodiest days in recent years, officials said, with most casualties caused by sectarian attacks in Quetta. The bombings underscored the myriad threats Pakistani security forces face from homegrown Sunni extremist groups, the Taliban insurgency in the northwest...
American Express cuts 5,400 jobs
Label: Technology American Express said Thursday it would lay off 8.5 per cent of its workforce in 2013, in an effort to contain operating expenses and adapt to customers moving to online and mobile platforms.The bank said it would eliminate 5,400 jobs, though some of those will be offset by new positions, for a net cut of 4-6 per cent of the 63,500-strong workforce.The layoffs will span different staff...
Visit of Pak judicial commission will not be affected
Label: Lifestyle NEW DELHI: Although the killing of two Indian soldiers by the Pakistan army has sparked widespread outrage, the incident will not affect the visit of a Pakistani judicial commission to India in connection with the 26/11 Mumbai terror attack case with home minister Sushilkumar Shinde seeing it as a "very positive step". Shinde said the inclusion of Ujjwal Nikam, special prosecutor in the trial of...
Flu season strikes early and, in some places, hard
Label: HealthNEW YORK (AP) — From the Rocky Mountains to New England, hospitals are swamped with people with flu symptoms. Some medical centers are turning away visitors or making them wear face masks, and one Pennsylvania hospital set up a tent outside its ER to deal with the feverish patients.Flu season in the U.S. has struck early and, in many places, hard.While flu normally doesn't blanket the country until...
Jodi Arias: 'No Jury Will Convict Me' for Murder
Label: Business The jury in the Jodi Arias murder trial watched a television interview today in which Arias said "no jury will convict me" for killing her ex-boyfriend, Travis Alexander.Arias added that she could never imagine committing such a violent act as killing Alexander. "I understand all the evidence is really compelling," she said in the interview. "In a nutshell, two people came in...
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