USA - Last year's drought took a big bite out of the two most prodigious US crops, corn and soy. But it apparently didn't slow down the spread of weeds that have developed resistance to Monsanto's herbicide Roundup (glyphosate), used on crops engineered by Monsanto to resist it.
UK - David Cameron says he is proud that love between a same-sex couple will now "count the same" as a heterosexual couple, despite almost half his MPs voting against gay marriage. MPs voted in favour of the Marriage (Same Sex Couples) Bill by 400 to 175, a majority of 225. But 136 Tory MPs opposed the bill.
USA - By now we should have gotten used to the odor emanating from banks — bailouts, money laundering, Libor rate-rigging, the other misdeeds. But in Europe over the last few days, it was particularly dense.
GREECE/GERMANY - The Greek neo-Nazi Golden Dawn party is forging close contacts with Bavarian neo-Nazis, the German Spiegel Online newspaper reported. According to the report, the party, which received a surge in popularity in the country’s June general election, reportedly began setting up a cell in Nuremberg last year and recently held a conference in the southern German city. An umbrella organization of Greek communities in Germany has called on all Greeks in Germany to reject attempts by neo-Nazis to promote "violence, intolerance and social cannibalism," Spiegel Online reported.
ISRAEL - Israeli President Shimon Peres said on Tuesday that the threat of a nuclear-armed Iran was growing under the "terrifying dictatorship" ruling the Islamic republic. "The Iranian danger has grown," Peres said at the opening of the newly-elected Israeli parliament. "It threatens our existence, the independence of the Arab states, the peace of the whole world," AFP reported. "At its head stands a group of ayatollahs in their religious robes, a terrifying dictatorship, staining Persian history and a nightmare for its people," he said.
USA - In the past few years, Americans have learned a thing or two about how quickly disaster can strike. And with each Hurricane Sandy, housing crisis, and stock market crash that rocks our world, we're faced with the realization that many of us simply aren't prepared for the worst.
USA - As ABC News reports: “A new scientific examination by the non-profit food fraud detectives the US Pharmacopeial Convention (USP), discovered rising numbers of fake ingredients in products from olive oil to spices to fruit juice.”
ARGENTINA - Up until now, Argentina's descent into a hyperinflationary basket case, with a crashing currency and loss of outside funding was relatively moderate and controlled. All this is about to change. Today, in a futile attempt to halt inflation, the government of Cristina Kirchner announced a two-month price freeze on supermarket products.
IRELAND - The Vatican used to be able to count on Irish clergy to follow the rules. But now a group of Irish priests are openly questioning the Vatican's conservative approach to Catholicism, despite the threat of ex-communication.
UK - Rising wages and low house prices helped the baby boom generation to prosper. Today's young face high unemployment, expensive education, and a lifetime of renting. Have they never had it so bad?
JAPAN - A Chinese navy frigate has locked its weapon-targeting radar on a Japanese ship, Tokyo says, amid mounting tensions over a territorial row. Japanese Defence Minister Itsunori Onodera said the incident happened on 30 January near islands claimed by both nations in the East China Sea. He said this had prompted Tokyo to lodge a formal protest with Beijing. The row, over islands known as Senkaku in Japan and Diaoyu in China, has escalated in recent months.
USA - Human rights advocates were floored on Monday night when NBC News published the details of an alarming Justice Department memo detailing the protocol for sending drones after United States citizens. It's not as if they hadn't suspected that the Obama administration's top secret drone attack protocol contained some unsavory details. They just didn't expect them to be so frightfully broad.
SOLOMON ISLANDS - Homes were damaged and at least four people have been reported dead after a tsunami triggered by an earthquake hit the Solomon Islands. The quake, with a magnitude 8.0, struck at 01:12 GMT near the Santa Cruz islands, the US Geological Survey said.
USA - In the four years since the collapse of Lehman Brothers drove the global financial system to the brink of oblivion, new technologies have changed Wall Street beyond recognition. Despite efforts at reform, today's markets are wilder, less transparent, and, most importantly, faster than ever before.
UK - Barclays set aside another 1 billion pounds ($1.6 billion) to compensate customers for mis-selling products, dropping another British banking bombshell as the industry struggles with the scale of redress for past misdemeanors. UK banks are embroiled in two separate mis-selling scandals, and Barclays said on Tuesday it had made an extra provision of 600 million pounds to compensate customers for payment protection insurance. PPI mis-selling alone has now cost UK banks over 12 billion and could end up more than double that, industry sources estimate.
Tuesday's announcement marked Barclays' fourth provision for PPI, dating back to May 2011 when the industry lost a court case on the selling of products to customers who did not need, or could not use them.
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