1201 Cedar Lane, Northbrook, IL 60062
Greece's parliament approved a tough budget for next year, aimed at ending the country's deep recession, despite continued differences on fiscal policy with the country's international creditors. The coalition government, which enjoys a narrow majority in the 300-seat chamber, scraped through with 153 deputies backing the 2014 budget in a late evening vote. The budget measures included a further 3.1 billion euros ($4.2 billion) in spending cuts from an economy already suffering from successive austerity measures. The move came as Greece's troika of international creditors -- the European Union, the European Central Bank and the International Monetary Fund -- announced they had delayed until January their next trip to Athens.
The global video gaming market is set to grow 11.1 percent a year until 2017, boosted by a new generation of consoles and the increasing popularity of online games, according to IDATE digital research and consultancy firm. Sony, Nintendo and Microsoft, which are jostling for control of the gaming market, have each released the latest versions of their consoles ahead of the Christmas shopping season. The wave of new devices is expected to keep the market buoyant until 2017, IDATE said. Home consoles like Sony's PlayStation or Microsoft's Xbox, which make up 31 percent of the market today, are expected to have a 40 percent share of the total market in 2017.
Approval of the bill presented in the Senate would mark the end of the decades-long oil and gas monopoly held by state-run giant Pemex, which is struggling to reverse a sharp slide in oil output due to years of chronic under-investment. The bill, which would keep ownership of oil in state hands, is at the center of a package of economic reforms that President Enrique Pena Nieto hopes will re-energize Latin America's second-largest economy after years of lagging its peers. Furthermore, companies will not be allowed to book oil reserves on their balance sheets. It also goes well beyond the proposal made by Pena Nieto in August, which was limited to profit-sharing contracts.
Scottish singer Susan Boyle revealed on Sunday that she has been diagnosed with Asperger syndrome, a high-functioning form of autism. Boyle, a 52-year-old church volunteer who became a global singing sensation, told Britain's Observer newspaper she had been diagnosed a year ago and spoke of her relief after years of bullying for her learning difficulties.
For US President Barack Obama and millions of people around the world, Nelson Mandela was a hero. But what are heroes? And will there be another Mandela, or is he the last of a breed? In more modern times, the term came to describe mere mortals credited with exceptional qualities, such as Gandhi, Mother Teresa, Winston Churchill or Martin Luther King.
By Renee Maltezou ATHENS (Reuters) - Greece's parliament approved a budget plan on Saturday filled with over 3 billion euros of austerity cuts that sees the debt-laden country emerging from a six-year recession next year. "This is a historic day," Prime Minister Antonis Samaras told lawmakers, calling the 2014 plan a budget of recovery and hope. "People's sacrifices bore fruit and changed the course of the country." Outside parliament, an anti-austerity rally called by the country's largest labour unions drew only a few hundred people, a shadow of former demonstrations where tens of thousands took to the streets of Athens to protest the belt-tightening. A total of 153 lawmakers voted in favour of the 2014 budget plan in the 300-seat house.
Thousand Oaks (United States) (AFP) - Tiger Woods's even-par 72 was enough to give the tournament host the third-round lead on a blustery day at the $3.5 million World Challenge. A day after the 14-time major champion hit every green in regulation en route to a majestic 10-under par 62 that equaled his own Sherwood Country Club course record, Woods found the going tougher on a day that started in cold rain and ended with the sun shining and a chilly, unpredictable wind whipping. Bubba Watson was alone in third after a 69 for 209.
French great Cirrus Des Aigles will try to break a jinx that has left him winless in Hong Kong when he headlines one of the world's richest race meetings on Sunday. The seven-year-old, the world's top racehorse a year ago, will make his fifth attempt at glory at the $9.3 million Hong Kong International Races. Japanese sprint star Lord Kanaloa will make his final appearance before retirement and British trainer Richard Hannon will oversee his last race when Sky Lantern runs the Mile. Cirrus Des Aigles has failed three times in Hong Kong in 2009, 2010 and 2011, and last year he was forced to pull out of the Cup race with a late injury.