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‘Dairy cliff’ could lead to $7 gallon of milk

While debates over federal legislation have revolved mostly around defense cuts, reductions in social programs, and the soon-to-be-expired Bush tax cuts, the price of dairy has not been a hot topic. But the price of milk could soon rise precipitously, in fact doubling if no legislative action is soon taken,…

Facebook paid small tax bill on big profits made outside US, figures show

Company channelled bulk of profits through Ireland and onto Cayman Islands, allowing to it pay just £238,000 to UK taxman Facebook has become the latest multinational to come under the spotlight for its tax affairs after figures revealed it paid just £2.9m in tax on profits of more than more…

Secrets of ancient Chinese medicinal herb revealed by scientists

Scientist in the United States on Sunday offered a molecular-level explanation for how a Chinese herbal medicine used for more than 2,000 years tackles fever and eases malaria. The herb is an extract of the root of a flowering plant called blue evergreen hydrangea, known in Chinese as chang shan…

Harris-Perry guest: Potential change to Social Security ‘absolutely a cut’

On Melissa Harris-Perry on Sunday, panelists discussed the fact that Social Security was on the table in fiscal cliff negotiations — which has “progressives calling foul,” said guest host Joy Reid. She discussed a proposed plan to divorce Social Security benefits from cost of living increases and tie them instead…

Southwest will have less surface water over next decade, says study

Southwestern areas of the United States, reeling from its worst drought in 50 years, may have 10 percent less surface water within a decade due to global warming, a study said Sunday. While rainfall is forecast to increase over northern California in winter and the Colorado River feeding area, warmer…

Mayan temple damaged in tourist ‘apocalypse’ frenzy

Tourists flocking to Guatemala for “end of the world” parties have damaged an ancient stone temple at Tikal, the largest archeological site and urban center of the Mayan civilization. “Sadly, many tourists climbed Temple II and caused damage,” said Osvaldo Gomez, a technical adviser at the site, which is located…

Antarctic ice sheet warming faster than thought: study

The West Antarctic Ice Sheet, whose melt may be responsible for 10 percent of the sea-level rise caused by climate change, is warming twice as quickly as previously thought, a study said Sunday. A re-analysis of temperature records from 1958 to 2010 revealed an increase of 2.4 degrees Celsius (36.3…

NRA issues point-blank ‘no’ on gun control

The NRA, the most powerful gun lobby in the United States, ruled out any support Sunday for greater regulation of firearms or ammunition magazines after the Sandy Hook elementary school massacre. Wayne LaPierre, the executive vice president of the National Rifle Association, said planned legislation to outlaw military-style assault weapons…

Mexican police official resigns ahead of shake-up

One of Mexico’s top federal police officials has announced his resignation, rejecting charges of corruption and promising to elaborate on his motivation after he steps down in January. The move by Luis Cardenas Palomino, the top cop in charge of regional security, comes as President Enrique Pena Nieto seeks to…

Violent video games and killers: Is the NRA right?

After a week of silence following the Sandy Hook school shooting that killed 20 first graders and six staff in Newtown, Conn., the National Rifle Association blamed the entertainment industry – specifically the producers of violent video games for inciting what has become a pattern of gun violence…   [Child…

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