2012 YEAR IN REVIEW

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  • Russian court orders seizure of oligarch's oil stake
    Russian court orders seizure of oligarch's oil stake

    A Moscow court on Thursday ordered the nationalisation of a stake in an oil firm held by a detained oligarch, raising concern about signs of a state-orchestrated grab of assets. A judge at Moscow's Arbitration Court ordered the return to the state of the stake held by billionaire Vladimir Yevtushenkov's holding firm Sistema in oil company Bashneft. This followed claims by prosecutors that the stake was illegally privatised, Russian agencies reported. Yevtushenkov is currently being held under house arrest after being dramatically arrested last month on money laundering charges connected to the Bashneft sale, in a move that drew comparisons with the prosecution of former tycoon Mikhail Khodorkovsky.

  • Putin spokesman tells press to 'shut trap' on cancer rumours
    Putin spokesman tells press to 'shut trap' on cancer rumours

    President Vladimir Putin's spokesman on Wednesday ridiculed US media reports that the Russian strongman may be suffering from cancer, saying he was fine and that journalists should "shut their trap". Dmitry Peskov blasted those behind speculation that the 62-year-old Putin -- who has long cultivated an action-man image -- was in ill health. The New York Post on Friday cited "sources" as saying Putin was suffering from pancreatic cancer, one of the deadliest forms of the disease.

  • Chile está en condiciones de iniciar proceso recuperación economía: jefe B.Central

    SANTIAGO (Reuters) - Chile cuenta con un sólido marco macroeconómico y está en condiciones de poder iniciar un proceso de recuperación tras haber alcanzado probablemente en el tercer trimestre su punto más bajo de dinamismo, dijo el jueves el presidente del Banco Central, Rodrigo Vergara. Chile atraviesa por una fuerte desaceleración económica en medio de un retroceso de la demanda, principalmente del consumo. "La economía ha perdido fuerza en los últimos trimestres, reduciendo los cálculos para este año (... ...

  • Hawaii lava flow is slow, gentle, yet unrelenting
    Hawaii lava flow is slow, gentle, yet unrelenting

    PAHOA, Hawaii (AP) — Pele, the Hawaiian volcano goddess, moves gradually and persistently as she deposits lava across the Big Island of Hawaii. People in the small town lying in its path say the lava will reshape the community yard by yard as it slides toward the ocean.

  • U.S. focuses on Islamic State targets near Kobani, Syria: U.S. Central Command

    WASHINGTON (Reuters) - U.S. forces staged 10 air strikes on Islamic State targets near the Syrian city of Kobani since Wednesday, U.S. Central Command said. The raids in the Kobani area were among 12 in Syria by U.S. fighters and bombers. The Kobani strikes hit two small Islamic State units and destroyed seven fighting positions and five buildings, Central Command said. Strikes also damaged an Islamic State headquarters building near Dayr Az Zawr and a security building near Ar Raqqah. U.S. ...

  • American couple held in Qatar speaks: 'We are being kidnapped'
    American couple held in Qatar speaks: 'We are being kidnapped'

    An American couple feels trapped and abandoned by the U.S. Government as they await a possible death sentence following the death of their daughter in the oil rich country of Qatar. Grace and Matthew Huang were accused of starving their adopted daughter Gloria to death almost two years ago. Since the tragic night of Gloria's passing, the Huangs have been jailed, separated from their other two children. Their lives are in the hands of a foreign government whose judicial process is mysterious and terrifying to them.They decided to share their story exclusively with Yahoo’s Global News Anchor Katie Couric.

  • FBI under fire for fake news site to nab suspect
    FBI under fire for fake news site to nab suspect

    The FBI has come under fire from media organizations following disclosures that it created a fake news website to track down a suspect in a bomb threat case. Documents revealed the FBI created a fake Associated Press news article that appeared to be in the Seattle Times, to trick the suspect to install malware that would reveal his location. The incident dates back to 2007, but the documents surfaced this week after a security research for the American Civil Liberties Union tweeted a link to the case file on Monday. "The FBI impersonating the press is just as irresponsible as the CIA running fake immunization programs.

  • Apple CEO Tim Cook comes out as gay in Bloomberg Businessweek column
    Apple CEO Tim Cook comes out as gay in Bloomberg Businessweek column

    Apple CEO Tim Cook on Thursday made a surprising announcement in an opinion piece on Bloomberg Businessweek, which is very much in line with his many public notes in the recent past about diversity at the workplace. “While I have never denied my sexuality, I haven’t publicly acknowledged it either, until now. So let me be clear: I’m proud to be gay, and I consider being gay among the greatest gifts God has given me,” Cook said  in the essay. FROM EARLIER: Tim Cook offers a heartfelt tribute to Steve Jobs on the 3rd anniversary of his passing The executive admitted that he never hid his sexual orientation while working at Apple, even though he had not publicly declared it until now. “For

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