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Archive for January 4, 2015

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London – Oil Prices Hits Fresh Five-and-a-half-year Lows; Brent Below $56

January 4, 2015 at 11:22 PM
London - U.S. crude and Brent futures dropped to fresh 5-1/2-year lows on Monday as worries about a surplus of global supplies amid weak demand continued to drag on oil markets. OPEC's decision in November to maintain output had accelerated oil's losses earlier, while record-high Russian production and the highest Iraqi exports since 1980 added to the concerns about oversupply. The two oil...

Manhattan, NY – Hedge Fund Founder, 70, Slain In NYC Apartment

January 4, 2015 at 10:28 PM
Manhattan, NY - A U.S. hedge fund founder was found shot to death in his Manhattan apartment on Sunday, and New York police are seeking his son for questioning, authorities said. Thomas Gilbert, 70, founder of the Wainscott Capital Partners Fund, was shot once in the head around 3:30 p.m. EST inside his apartment bedroom, police said in a statement. "Right now, we're looking to speak to...

London – Euro Falls To 9-year Low

January 4, 2015 at 10:00 PM
London - The euro hit a nearly nine-year low versus the dollar on Monday as investors bet on quantitative easing by the European Central Bank while Asian shares were subdued as soft manufacturing surveys soured the mood. The euro fell to as low as $1.18605, its weakest level since March 2006, having fallen below an important support at $1.20. The common currency last traded at $1.1944, down...

Moscow – Why Vladimir Putin Can’t Just Throw This Dissident In Jail Like So Many Others

January 4, 2015 at 09:19 PM
Moscow - In Russia, August is commonly believed to be the month of bad surprises, when planes fall out of the sky and economic crises begin. But from the point of the view of the Kremlin, the last days of December are preferable for shock announcements. On Christmas Day 1991, Mikhail Gorbachev resigned as the first and last president of the Soviet Union; eight years later, on New Year’s Eve...

San Francisco – Uber Rings In New Year With Two Million Rides

January 4, 2015 at 08:59 PM
San Francisco - Car-sharing startup Uber bragged it rang in the New Year with two million rides, many of them apparently to revellers heading home in early morning hours. And while demand for rides spiked from one to two in the morning in most cities where Uber operates, partiers in Paris didn't put pressure on the service until after 4 am local time (0300 GMT). The Uber smartphone...

Eddyville, KY – Girl, 7, ‘Remarkable’ In Finding Help After Fatal Kentucky Plane Crash

January 4, 2015 at 08:22 PM
Eddyville, KY - Sailor Guztler, the 7-year-old girl who survived a plane crash, walked a mile through the cold, dark woods to safety and then helped authorities locate the wreckage and remains of her family, may not be done helping investigators. National Transportation Safety Board investigator Heidi Moats said Sunday that Sailor is "one remarkable young lady," and she might be able to assist...

New York – New Clemency Website For Criminals Seeking Pardons, Reprieves, Commuted Sentences

January 4, 2015 at 08:00 PM
New York - New York state has established a clemency website for those seeking pardons, reprieves or commuted sentences to get background information and file requests. The governor has the authority to grant them under New York's constitution and executive law. Gov. Andrew Cuomo pardoned two New York City men last week. They had completed their prison sentences, earned college degrees...

London – UK Considers Allowing Retirees To Cash In Pension Rights

January 4, 2015 at 07:30 PM
London - Older Britons who currently receive a monthly pension from an annuity may be able to sell their right to a regular income for upfront cash, under proposals being considered by the government. Last year Britain announced plans to ease requirements on new retirees to use any private pension savings to buy an annuity, which offers a guaranteed income for life. In an article in an...

Jerusalem – Deri Hints He’s Coming Back Soon

January 4, 2015 at 06:31 PM
Jerusalem - Shas leader Aryeh Deri, who quit politics with great fanfare last week, hinted Sunday that he is already on the way back. When asked if he would make a comeback in an interview with Channel 2's Ilana Dayan, Deri said "a man who cannot change his mind is not human." Deri said he had been aware of the controversial 2008 videotape in which former Shas mentor Rabbi Ovadia Yosef...

Brooklyn, NY – Jewish Community Turns Out To Honor Officer Liu (video)

January 4, 2015 at 06:00 PM
Brooklyn, NY - The light drizzle falling from overcast skies were like heavenly tears as thousands lined 65th Street today in Brooklyn to pay their respects to Officer Wenjian Liu, gunned down fifteen days ago as he sat in his patrol car with his partner, Officer Rafael Ramos. The south side of 65th Street was a sea of blue, dotted with various other uniforms, as members of law enforcement...

West Bank – Palestinians To Seek Admission To Interpol

January 4, 2015 at 05:34 PM
West Bank - Just days after officially filing for membership in the International Criminal Court in The Hague, the Palestinian Authority will now seek entry into Interpol, a Ramallah official told the Ma'an news agency over the weekend. Ahmad al-Rabie, the head of the PA's international relations and cooperation department, told Ma'an that the Palestinians plan to submit a request to join...

Jerusalem – Report: Ya’alon Moves To Name Anti-assimilation Group Lehava A Terrorist Organization

January 4, 2015 at 04:07 PM
Jerusalem - Channel 2 reports that defense minister taking steps to build case for blacklisting group, whose members are believed to be behind the arson attack against an integrated Jerusalem school last month. Arson of bilingual Hebrew-Arabic school State indicts 3 in arson of bilingual Hebrew-Arabic school in Jerusalem. (photo credit:REUTERS) Share on Facebook Share on...

Albany, NY – If Lawmakers Don’t Act, Rents Could Rise In NYC

January 4, 2015 at 04:00 PM
Albany, NY - Cynthia Chaffee's Manhattan apartment would likely go for more than $5,000 a month if the landlord charged market price. But Chaffee pays thousands less thanks to the city's long-standing rent stabilization rules — regulations that will expire this year if lawmakers don't act. The 63-year-old paid $300 a month when she moved into the one-bedroom space in 1978. To Chaffee, the...

Jerusalem – Israel Threatens More Punitive Steps Against Palestinians

January 4, 2015 at 03:32 PM
Jerusalem - Israeli leaders are threatening to take even tougher action against the Palestinians over their decision to join the International Criminal Court, a day after freezing the transfer of more than $100 million in tax funds. Prime Minister Benjamin Netanyahu told his Cabinet on Sunday that Israel "will not sit idly by." The Palestinians submitted their application last week to the...

Washington – Menendez Says ‘Very Difficult’ To See US Ambassador To Cuba

January 4, 2015 at 03:00 PM
Washington - One of the leading Democratic critics of President Barack Obama's change in Cuba policy says it will be very difficult to confirm an ambassador to the communist country. Sen. Robert Menendez is a Cuban-American who's the soon-to-be ex-chairman of the Senate Foreign Relations Committee. He tells CNN's "State of the Union" that Congress can do little to prevent the Obama...

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