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World Social Forum calls for global anti-corporate protest in June

By Yana Marull PORTO ALEGRE, Brazil — Thousands of critics of capitalism meeting in Brazil called Sunday for a worldwide protest in June to press for concrete steps to tackle the global economic crisis. The World Social Forum wrapped up a five-day meeting in this southern Brazilian city, urging citizens…

British bankers complain of stress, depression and insomnia

The pressure on London bankers to get to grips with the global financial crisis has led to stress, depression and insomnia among City workers, affecting even the most experienced bosses. The phenomenon was brought to light when the chief executive of Lloyds Banking Group, Antonio Horta-Osario, announced that he was…

Almost half China’s richest want to emigrate: survey

Nearly half of China’s wealthiest citizens are considering emigrating, with the United States and Canada the most popular destinations, according to a new report from the authors of China’s rich list. The survey by the Bank of China and the Hurun Report, which publishes luxury magazines and runs a research institute, found that 46 percent…

Police break up ‘Occupy Sydney’ protest in raid

SYDNEY (Reuters) – Police broke up a Sydney protest camp inspired by the Occupy Wall Street movement in an early morning raid on Sunday, making dozens of arrests, police and protesters said. The ‘Occupy Sydney’ protest against corporate greed and economic inequality in the Martin Place business district had been…

Ron Paul to meet French far-right nationalist leader

WASHINGTON — Republican Representative and presidential hopeful Ron Paul aims to meet with the head of France’s far-right National Front party, Marine Le Pen, during her upcoming U.S. visit, his office said Wednesday. “Madame Le Pen has requested a meeting and Congressman Paul has agreed to a meeting, if he…

Strauss-Kahn claims immunity in U.S. civil case

NEW YORK — Dominique Strauss-Kahn claimed immunity Monday as he sought the dismissal of a US civil case, accusing a hotel maid of inventing sexual assault claims that derailed his efforts to right the global economy. “As managing director, which is the chief executive position at the IMF, Mr. Strauss-Kahn…

Taiwan candidate tells U.S. she’s no ‘radical’

Taiwan’s opposition presidential candidate has assured the United States she would not whip up tensions with China if elected but pledged to boost defense spending to counterbalance a rising Beijing. The United States, the primary guarantor of the island’s security, has repeatedly hailed the easing of tensions across the Taiwan…

After bruising debt battle, Obama pivots to jobs

Admitting a bruising debt-limit battle has likely hampered US recovery, President Barack Obama urged polarized lawmakers to help the job-hungry economy put out the “now hiring” sign. Stung by the bitter feud, Obama is eager to change the subject to economic growth and putting Americans back to work. “In the…

Stocks plummet over debt fight fears

Spurred by plunging stocks and fears of global economic crisis, polarized US lawmakers called a key vote for Thursday and privately hunted for a compromise to avert a default on the country’s debt. Jittery stocks plummeted Thursday amid fears of global economic crisis, as President Barack Obama and his Republican…

Wired! Young Americans increase coffee consumption

NEW ORLEANS (Reuters) – Young American adults have increased the amount of coffee they drink daily in 2011, after feeling better about their finances following the global economic crisis, a survey showed on Saturday. Forty percent of the 18- to 24-year-olds who responded to theNational Coffee Association’s National Coffee Drinking…

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