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Youth joblessness near crisis peak

Youth joblessness is almost back at its peak following the outbreak of the global economic crisis and is unlikely to ease until at least 2016, the International Labour Organization warned Tuesday. The ILO said nearly 75 million youths or 12.7 percent of people aged 15 to 24 will be out…

Former Yahoo! executive charged with insider trading

US regulators announced that a former Yahoo! executive has agreed to plead guilty in an insider trading scheme that involved leaking word of the Internet search giant’s pact with Microsoft. Robert Kwok was senior director of business management at Yahoo! in 2009 when the firm negotiated an alliance with Microsoft…

Strong quake rocks Bulgaria, no casualties

SOFIA — A strong 5.8-magnitude quake that struck southwest of Bulgaria’s capital Sofia shortly after 3:00 am Tuesday left no casualties, Interior Minister Tsvetan Tsvetanov said. “So far, there are no (known) casulties or injuries, which is good news,” Tsvetanov told Focus news agency. “Let’s hope it does not strike…

Chemical exposure influences rat behavior for generations

WASHINGTON — When pregnant rats are exposed to a common crop chemical, their descendants three generations later show more anxiety and stress than the offspring of unexposed peers, US researchers said. The study in the Proceedings of the National Academy of Sciences suggests that the animal model may provide an…

Michelle Obama gives new French first lady tips

CHICAGO — France’s new first lady, Valerie Trierweiler, Monday said she had been given some precious tips on her new role by Michelle Obama, as she eyed a future as an ambassador for equality. “What interests me, is the beginning, the children, equal opportunity,” she told reporters after a visit…

Pomegranate juice claims deceptive, U.S. rules

WASHINGTON — Pomegranate juice has not been proven to be an effective treatment for cancer, heart disease or erectile dysfunction, US regulators said Monday, calling a company’s ad claims deceptive. The US Federal Trade Commission’s chief administrative law judge D. Michael Chappell ruled that the company, POM Wonderful LLC, violated…

Obama steps up assault on Romney’s business record

CHICAGO — Mitt Romney’s venture capitalist record became a political tug of war Monday as US President Barack Obama painted his rival as a corporate raider despite some high-profile Democrats voicing dismay over the strategy. The White House swiftly tried to close ranks among Democrats after a rising star in…

France has done ‘its duty’ in Afghanistan: Hollande

CHICAGO — French President Francois Hollande said Monday his country had done “more than its duty” in Afghanistan, as officials said a calendar to pull out troops would be drawn up in the coming days. Hollande also denied that France would have to make some kind of payback for pulling…

Obama says very concerned by al Qaeda in Yemen

CHICAGO — US President Barack Obama said Monday the United States was very worried about the threat posed by an Al-Qaeda affiliate in Yemen after the group massacred almost 100 soldiers in a huge suicide blast. Obama pledged to work with the Yemeni government to crack down on Al-Qaeda in…

Judge scolds attorneys in Oracle vs. Google patent trial

SAN FRANCISCO — The judge presiding over a patent trial pitting Oracle against Google scolded rival attorneys on Monday as deliberating jurors grappled with subtleties of references in computer software code. US District Court Judge William Alsup’s patience was tried as Oracle and Google lawyers argued opposite responses to jury…

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