New Sharp Eye - Hot News

Obama more popular than U.S. among Arabs: survey

2009-05-12T14:54:00.000+08:00

WASHINGTON (Reuters) - President Barack Obama's popularity in leading Arab countries far outstrips that of the United States, suggesting he could be able to boost goodwill in the region toward his country, a survey showed on Sunday. Obama, set to give a major speech to the Muslim world in Egypt next month, "currently enjoys widespread optimism among citizens of that region that he will have

The London Evening Standard says “sorry”

2009-05-11T16:43:00.003+08:00

Bleary-eyed commuters passing through Clapham Junction station in southwest London on their way to work this week were among the first to witness the opening blast of one of the most remarkable advertising campaigns to have hit the capital in recent years. No, not Flu Man sneezing his germs all over us but a short message in huge black lettering that simply says: “Sorry for losing touch.” The

U.S. forces shoot Iraqi boy dead after grenade attack

2009-05-10T12:22:00.000+08:00

BAGHDAD (Reuters) - The U.S. military said on Saturday its troops had shot dead a 12-year-old Iraqi boy suspected of throwing a grenade at them, and said it believed insurgents were paying children to help them. Iraqi police, speaking on condition of anonymity, said however the boy, whom they named as Omar Moussa Salih, had not been involved in the grenade-throwing. U.S. and Iraqi

More than 30K ordered to flee Santa Barbara fire

2009-05-10T00:27:00.002+08:00

SANTA BARBARA, Calif. (AP) - More than 30,000 people have been ordered to flee a wildfire that burned a five-mile-long front above wealthy coastal communities by Friday, after another hot, windy night in which the fire chief said "all hell broke loose." Towering columns of brown smoke roiled off the face of the Santa Ynez Mountains after a fierce overnight battle as the 3,500-acre blaze repeated

Oil below session highs, economic data positive

2009-05-10T00:13:00.003+08:00

LONDON (Reuters) - Oil retreated from session highs below $58 a barrel on Friday, but stayed within sight of six month highs after positive data on the U.S. economy.U.S. crude was up 58 cents to $57.29 a barrel by 1454 GMT (10:54 a.m. EDT). It touched a six-month high of $58.57 on Thursday. Brent crude was up 48 cents at $56.95."We believe that crude prices are being driven higher by a

What a feeling: how emotions may yet save the economy

2009-05-10T00:06:00.002+08:00

An influential Democrat who was also one of the world’s top-ten, highest-paid hedge fund managers last year thinks he knows which book is at the top of the White House reading list this spring: Animal Spirits, the powerful new blast of behavioural economics from Nobel prize-winner George Akerlof and Yale economist Robert Shiller.Judging by the upbeat economic message we have been hearing from the

Health Care Professionals Offer Free Consultations for National Stroke Awareness Month

2009-05-09T23:59:00.002+08:00

For the 22nd consecutive year, May 2009 has been designated Stroke Awareness Month. During this thirty-one day period, health care professionals and health promotion experts across the country will join forces to increase public awareness about both the causes and cures for our modern stroke epidemic. Sponsored by The National Stroke Association, a non-profit health education organization, Stroke

Obama to hold town hall meeting on credit cards

2009-05-09T23:47:00.002+08:00

WASHINGTON, May 8 (Reuters) - U.S. President Barack Obama will hold a town hall meeting next week in New Mexico to promote congressional efforts to reform credit card practices, the White House said on Friday. Banks such as Bank of America Corp (BAC.N)>, JPMorgan Chase & Co (JPM.N), Citigroup Inc (C.N) and Capital One Financial Corp (COF.N) face a new set of rules issued by the Federal

Job losses slow, but is it from government hiring?

2009-05-09T23:35:00.002+08:00

WASHINGTON — Friday's better-than-expected employment report from the Labor Department gave another sign that the U.S. economy may be bottoming out, but the jump in the unemployment rate is a reminder for millions of Americans that the outlook for jobs will remain bleak for some time. The pace of job losses eased in April, with employers shedding 539,000 jobs, bringing the total jobs lost

Evidence piling up that worst of recession is over

2009-05-09T23:24:00.006+08:00

Evidence growing that worst of recession over, but recovery will be slow as unemployment grows Jeannine Aversa, AP Economics WriterOn Friday May 8, 2009, 5:12 pm EDT WASHINGTON (AP) -- Evidence is piling up that the worst part of the recession has ended. But that doesn't mean the pain is over.