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Obama to propose protecting U.S. Arctic wildlife refuge from drilling

By Julia Edwards WASHINGTON (Reuters) - U.S. President Barack Obama will call on Congress to expand protection of Alaska's Arctic refuge where oil and gas drilling is prohibited to 12 million acres (5 million hectares), an area that includes 1.4 million oil-rich acres along the coast. The proposal, unveiled by the Interior Department on Sunday, ran into instant criticism from Republicans and is likely to face an uphill battle in Congress, where Republicans now control both chambers. The wilderness designation, the highest level of federal protection under which oil and gas drilling is banned, would be extended to a total of 19.8 million acres (8 million hectares) under the proposal, the Interior Department said. Republicans kicked off the new Congress earlier this month with a bill to approve the Keystone XL pipeline to help move Canadian oil to refineries on the U.S. Gulf Coast.

Greek election: Syriza governing majority too close to call

Alexis Tsipras, leader of Greece's Syriza left-wing main opposition party surrounded by photographers reacts as he casts his vote at a polling station in Athens, Sunday, Jan. 25, 2015. Greeks were voting Sunday in an early general election crucial for the country's financial future, with the radical left Syriza party of Alexis Tsipras tipped as the favorite to win, although possibly without a large enough majority to form a government. (AP Photo/Lefteris Pitarakis) The anti-bailout Syriza party won a decisive victory in Greece's national elections on Sunday, according to projections by state-run TV's exit poll, in a historic first for a radical left-wing party in Greece.


Obama, Modi declare era of 'new trust' in US-India relations

U.S. President Barack Obama folds his hands in a traditional Indian greeting gesture, as Indian President Pranab Mukherjee, center, and Prime Minister Narendra Modi laugh during a ceremonial reception at the Indian presidential Palace in New Delhi, India, Sunday, Jan. 25, 2015. Obama is the first American leader to be invited to attend India's Republic Day festivities, which commence Monday and mark the anniversary of the enactment of the country's democratic constitution. (AP Photo/Saurabh Das) The president is greeted with an elaborate welcome at the country's sprawling presidential palace.


Finance, Real Estate and Mining Drive U.S. Growth in Third Quarter

Finance and insurance, natural resources and real estate industries were the biggest drivers of the third quarter's strong economic growth, the Commerce Department said Thursday.

Japan stunned by video claiming death of 1 of 2 IS hostages

Japanese Prime Minister Shinzo Abe speaks to the media after he signed a book of condolence for the late King Abdullah of Saudi Arabia at Saudi Arabian Embassy in Tokyo Sunday, Jan. 25, 2015. Abe said earlier in the day he was "speechless" after an online video purportedly showed that one of two Japanese hostages of the extremist Islamic State group had been killed, and he demanded the release of the other. The Associated Press has not verified the contents of the video, which varied greatly from previous videos released by the Islamic State group. It holds a third of both Syria and Iraq. (AP Photo/Eugene Hoshiko) TOKYO (AP) — From the prime minister to ordinary people, Japanese were shocked Sunday at a video purportedly showing one of two Japanese hostages of the extremist Islamic State group had been killed.


Senior House Republican says housing finance reform 'huge priority'

Chairman of the House Financial Services Committee, Hensarling questions financial regulators about the effects of the Volcker Rule A top U.S. Republican lawmaker will revisit a plan to reduce government involvement in the country's housing finance system, and expects Senate colleagues to be receptive to potential changes, according to an interview aired on C-SPAN on Sunday. Congressman Jeb Hensarling, who chairs the House Committee on Financial Services, said shepherding legislation to remove a government backstop for Fannie Mae and Freddie Mac would be a "huge priority," adding that he is willing to compromise to get a bill passed. "We've got to get off that boom-bust-bailout cycle, and I fear that under government control, we are once again repeating the same mistakes of the past," he said.


Senior House Republican says housing finance reform 'huge priority'

A top U.S. Republican lawmaker will revisit a plan to reduce government involvement in the country's housing finance system, and expects Senate colleagues to be receptive to potential changes, according to an interview aired on C-SPAN on Sunday. Congressman Jeb Hensarling, who chairs the House Committee on Financial Services, said shepherding legislation to remove a government backstop for ...

Obama announces nuclear 'breakthrough' on landmark India trip

U.S. President Barack Obama, left and Indian Prime Minister Narendra Modi pose for the media after their talks, in New Delhi, India, Sunday, Jan. 25, 2015. Seizing on their personal bond, Obama and Modi said Sunday they had made progress on nuclear cooperation and climate change, with Obama declaring a "breakthrough understanding" in efforts to free U.S. investment in nuclear energy development in India. (AP Photo /Manish Swarup) An agreement on nuclear trade is aimed at establishing a lasting strategic partnership.


East Coast on alert for blizzards as storm system approaches

A snow shoveler crosses a street during a winter snowstorm in Cambridge By Brendan O'Brien (Reuters) - A winter storm expected to dump hefty amounts of snow bore down on a wide swath of the U.S. East Coast on Sunday, prompting a blizzard warning stretching from New Hampshire to Philadelphia, the National Weather Service said. The blustery weather also led to winter storm warnings and advisories in states stretching from Maine to Indiana, which could snarl transport from Monday in an area where more than 60 million people live, it said. The National Weather Service has predicted heavy wind gusts and as much as 11 inches (28 cm) of snow for Boston and 8 inches (20 cm) of snow for New York City starting on Monday and through the night. The weather service expects as much as 8 inches of snow for western Maryland and southern Pennsylvania, while parts of New Jersey through eastern Massachusetts may get 6 to 12 inches of snow by Tuesday morning.


'Death-qualified' juror search slows marathon, theater cases

FILE - This file photo provided Friday, April 19, 2013 by the Federal Bureau of Investigation shows Boston Marathon bombing suspect Dzhokhar Tsarnaev. The process of finding "death qualified" jurors has slowed down jury selection in federal case against Tsarnaev, who is charged with setting off two bombs that killed three people and injured more than 260 during the 2013 marathon. (AP Photo/FBI, File) One prospective juror was brutally frank when asked whether he could consider a sentence of life in prison for the man accused of bombing the Boston Marathon.


At GOP Summit, Republicans Turn Fire on Obama, Clinton, and Each Other

Freedom Summit Draws GOP 2016 Hopefuls The first conservative showcase of the 2016 cycle is taking place in Iowa today, marking the unofficial start of the presidential cycle. Most of the jabs have been focused directly at President Obama and a Democrat they may be running against -- Hillary Clinton. "You can't have Bush," Trump said, criticizing the former Florida governor's support for Common Core education standards and immigration views, as well as his brother former President George W. Bush.


Analysis: GOP calls for bipartisanship, says Obama defiant

In this photo taken Jan. 21, 2015, House Speaker John Boehner of Ohio, meets with reporters on Capitol Hill in Washington. Winners by far in last fall’s elections, Republicans now demand bipartisanship from President Barack Obama as their due and the voters’ desire. (AP Photo/J. Scott Applewhite) WASHINGTON (AP) — Winners by far in last fall's elections, Republicans now demand bipartisanship from President Barack Obama as their due and the voters' desire.


Obama looks to build toward policy breakthroughs with India

U.S. President Barack Obama folds his hands in a traditional Indian greeting gesture, as Indian President Pranab Mukherjee, center, and Prime Minister Narendra Modi laugh during a ceremonial reception at the Indian presidential Palace in New Delhi, India, Sunday, Jan. 25, 2015. Obama is the first American leader to be invited to attend India's Republic Day festivities, which commence Monday and mark the anniversary of the enactment of the country's democratic constitution. (AP Photo/Saurabh Das) NEW DELHI (AP) — President Barack Obama was welcomed like royalty Sunday in India as he opened a three-day visit aimed at turning his burgeoning rapport with Prime Minister Narendra Modi into progress on climate change, defense and economic issues.


Obama to cut short India trip to pay call on Saudi Arabia

FILE - In this March 28, 2014 file photo, President Barack Obama meets with Saudi King Abdullah at Rawdat Khuraim, Saudi Arabia. President Barack Obama will cut short his three-day trip to India to travel to Saudi Arabia to pay respects following the death of King Abdullah, U.S. and Indian officials said Saturday, hours before the U.S. president was to depart for New Delhi. The schedule change means Obama will skip plans to visit the Taj Mahal, the white marble monument of love. Pradeep Bhatnagar, a top state official based in the city of Agra, where the Taj Mahal is located, said U.S. security officials informed him of the cancellation Saturday. (AP Photo/Pablo Martinez Monsivais, File) President Barack Obama will shorten his trip to India and divert to Saudi Arabia, paying respects after the death of King Abdullah and meeting with the oil-rich nation's new monarch, the White House said Saturday.


Japanese prime minister 'speechless' after video claims IS hostage dead

Japanese Prime Minister Shinzo Abe, right, speaks to reporters at his official residence following a new message purported to be from the Islamic State group, in Tokyo early Sunday, Jan. 25, 2015. Japanese officials are working to verifying the new message purported to be from the Islamic State group holding two Japanese hostages. The Associated Press could not verify the contents of the message, which varied greatly from previous videos released by the Islamic State group, which now holds a third of both Syria and Iraq. (AP Photo/Kyodo News) JAPAN OUT, CREDIT MANDATORY Shinzo Abe says the video is likely authentic and offers condolences to the family.


Police: Third person dies after shooting at Nebraska party

A crime lab investigator carries bags of evidence past markers on the road at the scene of a shooting in Omaha, Neb., Saturday, Jan. 24, 2015. Two women were shot to death and six people were wounded early Saturday at a house party in Omaha. (AP Photo/Nati Harnik) OMAHA, Neb. (AP) — Gunfire erupted during a crowded party in a vacant house in Omaha early Saturday, leaving three people dead and five wounded, and most witnesses refusing to help investigators, according to police.


Jeb Bush speaks up for immigrants

Former Florida Gov. Jeb Bush waves while being introduced before speaking at the National Automobile Dealers Association convention in San Francisco, Friday, Jan. 23, 2015. (AP Photo/Jeff Chiu) The ex-Florida governor offers different view on immigration than his GOP colleagues.


Police: Man shot his family, killing 3, then killed himself

Police gather near a home located at 231-11 148th Avenue, left, Saturday, Jan. 24, 2015, in the Queens borough of New York. Police say a father shot his daughters, his girlfriend and her mother in their home and then killed himself after the shooting that left three generations of women dead and a 12-year-old critically injured. New York Police Department spokesman Steve Davis says Jonathon Walker's body was found in a car, with a gun inside, in an isolated part of Queens after Saturday's pre-dawn shootings. (AP Photo/Frank Franklin II) NEW YORK (AP) — In the quiet of a pre-dawn Saturday on a dead-end street, a father came home and shot his family in their heads, leaving women in three generations dead and a wounded 12-year-old girl calling 911, police said.


Police release video of cop fatally shooting armed, fleeing man

Oklahoma police release video of cop fatally shooting armed, fleeing man (Graphic video) Police in Muskogee, Okla., released video footage of the controversial police shooting that resulted in the death of a 21-year-old man last week.


Nazi camp survivors recall Auschwitz

Book of horrors: Nazi camp survivors in U.S. recall Auschwitz By Barbara Goldberg NEW YORK (Reuters) - In a little leather book, the kind some men use to list lovers, Holocaust survivor Hy Abrams keeps the names that still haunt him: Auschwitz, Plaszow, Mauthausen, Melk and Ebensee. It has been 70 years since the Soviet army liberated the Auschwitz concentration camp in Poland, where Abrams was taken at age 20 by German Nazi soldiers and separated from his mother, father, brother and three sisters. Abrams, at 90, is among the oldest of a dwindling population of Holocaust survivors who gather each week at a Brooklyn synagogue to share stories, and perhaps lunch and a dance or two. With an average age of 79, they are poor and in need of special help as the result of stress and malnutrition, said the UJA-Federation of New York, which supports the Brooklyn gatherings organized by Selfhelp Community Services.


Petro One Retains Star Finance GmbH for European Communications

Petro One Energy Corp. has entered into an agreement with Star Finance GmbH for European investor relations and corporate communications services. Petro One has a significant European shareholder base ...

Russia Rating in Balance as Kudrin Sees No Will for Overhaul

Former Finance Minister Alexei Kudrin reacts during a during a Bloomberg Television interview on the opening day of the World Economic Forum (WEF) in Davos today.

Fitch: 2015 Outlook Stable for U.S. Public Finance Despite Continued Uncertainty

The 2015 U.S. public finance outlook is stable despite continued fiscal, economic and regulatory uncertainty, according to a new Fitch Ratings report.

Nigeria Finance Ministry Not Reviewing Oil in Budget

Nigeria’s finance ministry said it isn’t reviewing the benchmark oil price used in the national budget, after a Ministry of Power official said a reduction was planned.

Royal Bank of Canada recognized as "Best Trade Finance Bank in Canada" by Global Finance Magazine

Royal Bank of Canada recognized as "Best Trade Finance Bank in Canada" by Global Finance Magazine

Fifth Street Finance Corp. Promotes Todd G. Owens to Chief Executive Officer and Ivelin M. Dimitrov to President

GREENWICH, CT -- Fifth Street Finance Corp. (NASDAQ:FSC) ("FSC") today announced that its Board of Directors has promoted Todd G. Owens to Chief Executive Officer from his former role as President. ...

VOLTA FINANCE - DECEMBER MONTHLY REPORT

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES ***** Guernsey, 21 January 2015 - Volta Finance Limited (the "Company" or "Volta Finance" ...

The Evolving Role of Finance: From Spreadsheets to Strategy

As I often remark, CFOs and other senior finance professionals are transitioning from “bean counters” to “bean sprouters,” as we play a greater role in our organizations’ strategy. According to a report recently released by BlackLine and Middle Market Executive, CFOs at mid-market companies are experiencing a similar transformation. I spoke with Therese Tucker, CEO and founder of cloud-based ...

Bill Belichick doubles down on Patriots' innocence in deflate-gate

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