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Detroit named most miserable U.S. city in Forbes ranking Thursday, Feb 21, 2013 02:49 PM PST NEW YORK (Reuters) - With its violent crimes, high unemployment, dwindling population and financial crisis, Detroit was named on Thursday as the most miserable city in the United States. It toppled Miami, which held the title last year, and surpassed Flint, Michigan, Rockford and Chicago in Illinois and Modesto, California, which rounded out the five most unhappy urban areas. "Detroit's problems are hardly news. It has been in a four-decade decline paralleling the slide in the U.S. auto industry," according to Forbes.com, which compiles the yearly ranking. ... Full Story | Top |
Crisis forces Greeks to skimp on weddings, funerals Thursday, Feb 21, 2013 10:37 AM PST ATHENS (Reuters) - Fewer Greeks are walking down the aisle as their country's deep economic crisis takes a toll on their famously lavish weddings, an age-old ritual that has become an unbearable cost for those struggling to make ends meet. Religious wedding ceremonies in bell tower chapels overflowing with flowers, meter-high candles and candy wrapped in tulle, are a deeply ingrained tradition in Greece, where the powerful Orthodox Church plays an influential role in society. ... Full Story | Top |
"Keep your so-called workers," U.S. boss tells France Thursday, Feb 21, 2013 06:28 AM PST PARIS (Reuters) - The CEO of a U.S. tire company has delivered a crushing summary of how some outsiders view France's work ethic in a letter saying he would have to be stupid to take over a factory whose staff only put in three hours work a day. Titan International's Maurice "Morry" Taylor, who goes by "The Grizz" for his bear-like no-nonsense style, told France's left-wing industry minister in a letter published by Paris media that he had no interest in buying a doomed plant. "The French workforce gets paid high wages but works only three hours. ... Full Story | Top |
Britain to India: Diamond in royal crown is ours Wednesday, Feb 20, 2013 08:38 PM PST AMRITSAR, India (Reuters) - British Prime Minister David Cameron says a giant diamond his country forced India to hand over in the colonial era that was set in a royal crown will not be returned. Speaking on the third and final day of a visit to India aimed at drumming up trade and investment, Cameron ruled out handing back the 105-carat Koh-i-Noor diamond, now on display in the Tower of London. The diamond had been set in the crown of the current Queen Elizabeth's late mother. ... Full Story | Top |
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