WASHINGTON (Reuters) – President Barack Obama’s tax deal with Republicans will likely win grudging passage in the Congress, backers and critics agreed on Sunday, after Obama clashed with liberals in his own party who branded it a giveaway to the rich. View full post on All Stories

RESERVE Bank Governor Glenn Stevens says banking competition is cyclical like the global economy. View full post on All Stories

The Media Line Staff Tel Aviv, Israel (TML) – Israel’s decision to reconsider its tax and royalty regime for energy is creating an atmosphere of uncertainty and risks future exploration, the partners in the giant Leviathan natural gas project said. Charles Davidson, the chief executive officer of Texas-based Novel Energy, and Gideon Tadmor, CEO of [...]

OANA) – U.S. President Barack Obama on Saturday called respectively Mexican President Felipe Calderon and Turkish Prime Minister Recep Tayyip Erdogan to underscore bilateral relations following the embarrassing revelations by the whistle-blower website WikiLeaks. View full post on All Stories

Agriculture in India has a long history and is one of the strongholds of the economy. The sector provides employment to over 55% of the Indian workforce and accounts for 14.6% of India’s GDP, playing a crucial role in the overall socio-economic development of the country. View full post on All Stories

Obama will convene a one-day summit of corporate chief executives Wednesday, seeking to incorporate their ideas into a new agenda on trade, tax, regulatory issues and the deficit. View full post on All Stories

On Tuesday, Richard Bernstein, Chief Executive Officer at Richard Bernstein Advisors LLC (RBA) offered bullish commentary for the broader energy sector for 2011: “if the economy is indeed beginning to enter the mid-phase of the cycle, then energy and materials stocks begin to take leadership positions. We expect both global sectors to outperform in 2011.”. [...]

U.S. Secretary of State Hillary Clinton on Friday sought a clean start in Israeli-Palestinian peace talks by urging both sides to tackle “without delay” the core issues of their decades-old conflict. Clinton made the appeal in a speech days after the Obama administration admitted it View full post on All Stories

Linda Young – AHN News Writer Sao Paulo, Brazil (AHN) – Brazil’s largest newspaper has sued an independent blog that had parodied the newspaper. Folha de S. Paulo sued the blog “Falha de S. Paulo,” which was created last September by brothers Lino and Mário Ito Bocchini. Lino is a journalist while Mário is a [...]

Here comes a local infrastructure investment boom. There’s the $3.1 billion Highway 99 corridor, including the deep-bore tunnel beneath downtown Seattle; the $4.6 billion 520 bridge and approaches; the $1.9 billion university light-rail extension, and $750 million for improving passenger train capacity and speeds — even if not true high-speed rail. View full post on [...]

WASHINGTON, Dec. 10 (UPI) — Former president Bill Clinton will meet with President Obama at the White House Friday but the nature of the visit wasn’t disclosed, officials said. View full post on All Stories