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 January 30, 2012 Afternoon Update |
 TOP NEWSFighting Escalates in Syria as Opposition Rejects Russian PlanBy KAREEM FAHIM and ELLEN BARRYHeavy clashes were reported as troops and tanks were sent to vanquish rebels, and Russia indicated it would oppose any effort to have President Bashar al-Assad step down. European Budget Deal Near, but Much Left UndoneBy STEPHEN CASTLE and JAMES KANTEREuropean leaders showed few signs of producing a comprehensive solution for the sovereign debt crisis or a credible plan to revive fragile economies. W.T.O. Orders China to Stop Export Taxes on MineralsBy KEITH BRADSHERThe appeals panel's ruling, a victory for the United States, said that China distorted international trade through dozens of export policies on raw materials. U.S. Embassy in Cairo Shields 2 AmericansBy DAVID D. KIRKPATRICKThe Americans are being protected from potential arrest by the Egyptian authorities as part of a politically-charged probe into the activities of four American-backed nongovernmental organizations. Conn. Police Chief Resigns After Arrests of 4 OfficersBy PETER APPLEBOMELeonard Gallo's lawyer said he was resigning so that East Haven would not be distracted as it tried to rehabilitate its image after a federal indictment of four officers. |
MultimediaOpinion |
BUSINESSIn Stanford Fraud Case, Longtime Friends Become Courtroom EnemiesBy CLIFFORD KRAUSSThe case could come down to who the jury decides was the mastermind of what prosecutors called an international crime that defrauded nearly 30,000 investors over more than 20 years. Stocks Fall on European SentimentBy REUTERSShares in New York declined on renewed pessimism over the European debt crisis, but the major indexes cut their steepest losses of the day. DealBookFormer UBS Trader Pleads Not Guilty to FraudBy JULIA WERDIGIERA former UBS trader, Kweku M. Adoboli, pleaded not guilty on Monday to charges of fraud and false accounting that led to a $2.3 billion trading loss at UBS last year. DealBookRoyal Bank of Scotland Chief Waives BonusBy MARK SCOTTStephen Hester, chief executive of the Royal Bank of Scotland, has decided to turn down his bonus after coming under heavy pressure from British politicians. Starbucks to Open First Indian Store This AutumnBy VIKAS BAJAJSaying it was spurred by the growth of the market, the coffee chain has finally committed to India after considering it for nearly a decade. |
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