Monthly Archives: December 2010

Calder: So this is Christmas (10)

National embarrassment deepened to abject humiliation last night as more than half a million Christmas travellers remained stranded in the UK. Major arterial roads and the Channel Rail Link ground to a standstill, unable to cope with drifting snow, black … Continue reading

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Obama's Terrible, Horrible, No Good, Very Bad Year

WASHINGTON (AP) — Barack Obama's terrible, horrible, no good, very bad year got off to a terrible, horrible, no good, very bad start. There he was, on New Year's Day, on vacation with his family in Hawaii, stuck on a … Continue reading

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Germany Grows Tired of Leading Europe on Climate Change

For the Cancun climate change agreement to be effective, the European Union would have to further cut greenhouse gas emissions. Germany, though, no longer wants to be the model EU pupil and is asking others in the club to step … Continue reading

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Countries in deep debt should dump euro, investor says

One of the world's largest bond investors, Pimco, suggests financially troubled Greece, Ireland and Portugal should temporarily leave the eurozone to put their economies back on track. Greece, Ireland and Portugal won't be able to overcome their financial problems without … Continue reading

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MacDonald: Iggy talks tough, but there's no way he's ready for an election

In a series of year-end interviews, Liberal leader Michael Ignatieff signalled he would pull the trigger on an election because of irreconcilable differences with the Conservatives over the budget. A budget he hasn't seen yet. "We are ready for an … Continue reading

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$2tn debt crisis threatens to bring down 100 US cities

Overdrawn American cities could face financial collapse in 2011, defaulting on hundreds of billions of dollars of borrowings and derailing the US economic recovery. Nor are European cities safe – Florence, Barcelona, Madrid, Venice: all are in trouble More than … Continue reading

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Mazurak: Why Obama Surrendered the Missile Shield (5)

Documents from the State Department published by WikiLeaks show that the Obama administration surrendered the missile shield previously planned by the Bush administration to Europe because of Russian demands, not because of any supposed intel reports. The original missile defense … Continue reading

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Corcoran: The Willy Loman pension myth

Many Canadians are like Willy Loman: They’re house rich, pension poor Finance Minister Jim Flaherty has temporarily sidetracked radical union pension reformists and various provinces that seem more willing to crank up another federal entitlement program than take on their … Continue reading

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World December 21st, 2010 (10)

#1 — BBC | Snow deepens Europe's Christmas travel misery Overnight snowfall has compounded transport misery for travellers in Germany, as Europe continues to struggle with freezing conditions. [...] DM | Will heads roll over Heathrow? #2 — BBC | … Continue reading

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Canada December 21st, 2010 (10)

#1 — CNews | Bell fined $1.3M for do-not-call violations OTTAWA – In an ironic twist, Bell Canada, the operator of Canada’s do-not-call list, has been slapped with a record-breaking $1.3 million fine for making unsolicited calls and breaking the … Continue reading

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Anger rises over European travel chaos (4)

LONDON–Frustrated travelers in Europe expressed fury Monday at transportation officials' inability to clear snow and ice from planes, runways and high-speed train tracks, failings that have caused holiday travel chaos and fears that many will not get home in time … Continue reading

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