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10% more GM crops in the world in 2010: study

SAO PAULO – The amount of the world’s farmland given over to genetically modified (GM) crops grew 10% last year, with the United States remaining the biggest zone for the altered produce, according to a study released in Brazil Tuesday. A total of 148 million hectares (366 million acres) are…

Flash crash panel calls for market overhaul

WASHINGTON/NEW YORK (Reuters) – U.S. regulators should stem the growing tide of anonymous stock-trading and consider charging high-frequency traders fees for the disproportionate amount of orders they send into the marketplace, said a panel of experts advising how to avoid another “flash crash.” The report laying out 14 recommendations for…

‘Large amount’ of weapons seized from blogger who cheered Tucson shooting

A Boston-area blogger who declared “one down, 534 to go” after the shooting of Rep. Gabrielle Giffords has had his gun license pulled and a “large amount” of weapons removed his home. Travis Corcoran, a comic book retailer in Arlington, Massachusetts, made the comment in a blog posting on January…

Biden promises 2014 Afghanistan withdrawal ‘come hell or high water’

Biden compares Assange to a ‘high-tech terrorist’ Vice President Joe Biden pledged Sunday that all US troops would be out of Afghanistan by 2014, “come hell or high water.” NBC’s David Gregory asked Biden if the US would only begin withdrawing a token amount of troops next summer as part…

Sen. Durbin blasts GOP horror at $1.1 trillion: ‘That’s exactly the amount they asked for’

Senate Republicans have been expressing outrage over the $1.1 trillion allotted to the government in the omnibus spending bill, but the number should not come as a surprise. In January, Republicans proposed a $1.1 trillion cap for the 2011 fiscal year to fight “Washington’s voracious appetite for spending.” Senate Majority…

BP’s Gulf oil gusher now the worst accidental oil spill in history

A Taiwanese supertanker skimmed oil from the Gulf of Mexico Saturday as the months-long disaster became the worst accidental spill on record. Rough seas and strong winds continued to delay clean-up efforts, displace protective booms and push the oil deeper into fragile coastal wetlands, endangering wildlife preserves and the thousands…

Internal BP document claims Gulf oil gusher jetting up to 100,000 barrels per day

US outrage mounted against BP as the oil spill reached its two-month mark and an internal BP document showed as many as 100,000 barrels of oil could be gushing daily into the Gulf of Mexico. The document showed the energy giant’s own worst-case scenario of the amount of leaking oil…

Scientists: BP leak could be equivalent to Exxon Valdez every four days

Scientists provided a new estimate for the amount of oil gushing from the ruptured well in the Gulf of Mexico on Tuesday that indicates it could be leaking up to 2.52 million gallons of crude a day. “That is roughly 2.5 million gallons of oil a day, and it means…

Scientist says BP well could be leaking 100,000 barrels of oil a day

A University of California researcher and member of the Obama Administration’s Flow Rate Technical Group said Monday that BP’s leaking Gulf oil well could be leeching 20 times as much oil as the company originally claimed. In little noticed comments to McClatchy Newspapers, the researcher, Ira Leifer, noted that even…

What spill? Rig owner approves $1 billion dividend to shareholders

Five days after appearing before Congress to testify about its responsibility in one of the worst oil spills in US history, the Swiss company that owned and operated the oil rig that sunk into the Gulf of Mexico announced that it would shell out $1 billion in dividends to shareholders.…

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