2012 YEAR IN REVIEW
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- NYSE stocks posting largest percentage decreases
A look at the 10 biggest percentage decliners on New York Stock Exchange at 1 p.m.: Armstrong World Inds fell 8.8 percent to $50.50. Compass Minerals International Inc. fell 7.8 percent to $87.25. Clayton ...
- 10 Things to Know for Today
- Mom on teen's 9-month absence: She wasn't pregnant
- Fighting intensifies near MH17 disaster site
- Gaza fighting flares, UN, Israel debate truce
By Nidal al-Mughrabi and Crispian Balmer GAZA/JERUSALEM (Reuters) - A grim-faced Israeli Prime Minister Benjamin Netanyahu warned on Monday of a protracted war in Gaza, dashing any hopes of a swift end to the three-week conflict as Palestinian fighters launched an audacious cross-border raid. The Israeli army said five of its soldiers died in two separate incidents, including four in a mortar strike. Inside Gaza itself, eight children and two adults were killed by a blast in a park as an unofficial truce sought by the United Nations for the Muslim Eid al-Fitr festival collapsed. Residents blamed the explosion on an airstrike, but Israel said a misfiring militant rocket caused the carnage.
- France offers asylum to Mosul's Christians
France said on Monday it was ready to welcome Christians from northern Iraq who have been told by the al Qaeda offshoot group now ruling the region to either covert to Islam, pay a religious levy or face death. Islamic State insurgents seized large swathes of northern Iraq last month, prompting hundreds of Christian families in Mosul to flee a city which has hosted the faith since its earliest years. "We are providing aid to displaced people fleeing from the threats of Islamic Sate and who have sought refuge in Kurdistan. We are ready, if they wish, to facilitate their asylum on our soil," France's foreign and interior ministers said in a joint statement.
- Red Lobster tries acting like a fancier restaurant
- Wall Street struggles to comply with new U.S. sanctions on Russia
By Brett Wolf ST. LOUIS (Reuters) - Major U.S. banks and securities firms are struggling to comply with new U.S. sanctions on key parts of the Russian energy and financial industries, with some on Wall Street complaining that the directives are too vaguely worded and leave room for error. The so-called "Sectoral Sanctions Identifications List," or SSI List, was announced by President Barack Obama on July 16 as the United States stepped up pressure on Russia over its support for separatist rebels in war-torn Ukraine. The list bars U.S. companies from engaging in any "new debt of longer than 90 days maturity or new equity" with designated firms, an effort intended to punish Russia by increasing its financing costs. The White House said on Monday it would join Europe in imposing fresh economic sanctions on Russia this week. One source of confusion is the block that has been put on new loans to Russia through two development banks, Gazprombank and VEB.