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April 12, 2014 CNPC Blamed for Contaminating China City’s Water, Xinhua Says

Source: Bloomberg

Chinese investigators traced the source of a chemical that contaminated the water supply of 2.4 million people to a leak from an oil pipeline run by a unit of China National Petroleum Corp., the Xinhua News Agency said. Crude oil...

April 11, 2014 China Plans Ban on Imports of Coal With High Ash, High Sulfur

Source: Bloomberg

China plans to ban imports of coal with high-ash and high-sulfur content as the nation seeks to limit the dirtiest fuels to fight pollution. The world’s largest coal consumer will encourage imports of higher-quality supplies,...

April 11, 2014 US court accepts $1.8bn SAC insider trading settlement

Source: BBC News

A US court has accepted a $1.8bn (£1.07bn) settlement for insider trading by US hedge fund group SAC Capital Advisors. As part of a plea deal, SAC Capital and related companies will cease operating as investment advisers, the FBI...

April 11, 2014 Banker showdown: Bernanke tells off India's Rajan

Source: CNBC

In a surprising faceoff Thursday between two of the world's most prominent central bankers, former Federal Reserve Chairman Ben Bernanke shot back at one of his most prominent critics in monetary policy circles: India's central...

April 11, 2014 Medicare officials hope release of data will help identify waste and combat fraud


Medicare’s release Wednesday of millions of records of payments made to the nation’s doctors comes as the government is looking to find more cost-efficient ways to pay physicians, particularly specialists.The federal government...

April 11, 2014 End of ICANN contract puts Internet freedom at risk, critics say

Source: PC World

The freedom and openness of the Internet are at stake after the U.S. government announced plans to end its contractual oversight of ICANN, some critics said Thursday. The National Telecommunications and Information...

April 11, 2014 Obama rejects call by 11 Democrats to move on Keystone pipeline

Source: Christian Science Monitor

The White House on Thursday was quick to slap down a letter from 11 Senate Democrats that urged a presidential decision by May 31 on whether to build the hugely controversial Keystone XL pipeline. But that doesn't relieve...

April 11, 2014 Japan approves energy plan reinstating nuclear power

Source: Reuters

TOKYO - Japan's cabinet on Friday approved an energy policy reversing the previous government's plans to gradually mothball nuclear power plants, a move likely to be unpopular with a wary public following the 2011 Fukushima...

April 11, 2014 Obamacare - Did We Disrupt the Medical Insurance Process for the Benefit of 1.9 million People and P.O. the other 312.5 million Americans?

Source: Ken Cynar, Exec.VP, Governance & Accountability Institute

Reforming of the Medical Insurance process in this country was necessary, but Obamacare...I just don’t know. I was a vocal critic of the process which was adopted by Congress to pass Obamacare. There was secrecy, back room...[more]

April 11, 2014 U.S. Posts Smallest March Federal Budget Deficit Since 2000

Source: Bloomberg

The U.S. posted its smallest March budget deficit in 14 years as an improving labor market boosted tax receipts and federal government spending declined from a year earlier. Spending exceeded revenue by $36.9 billion last month,...

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