Groningen (Holland) still threatened by flooding

The heavy rainfall that accompanied the storms of the past few days have led to critically high water levels in the northern-most provinces of Groningen and Friesland. On Thursday, a dike near the Groningen town of Tolbert was in danger of collapse, but the situation there has since stabilised. On Friday, the condition of a dike along the Eems Canal became critical. About 800 inhabitants of several villages along the canal have been evacuated. State... [more]

Euro unlikely to ‘vanish’ this year: IMF chief

The euro is unlikely to “vanish” this year, IMF chief Christine Lagarde said Friday, but warned a report this month will show the global economy growing slower than the 4.0 percent estimated in September. “Will 2012 be the end of the euro? My answer is, I don’t think so,” she told a press conference during a visit to South Africa. “The currency itself is not likely to vanish or disappear in 2012.” “Will... [more]

Cameron says UK wants full say on EU single market

Britain will not accept the European single market being discussed by any group other than the full 27 members of the European Union, Prime Minister David Cameron said on Friday. “Why are we in the organisation (European Union)? We’re there because we’re a trading nation, and we want access to the single market and a full say about the rules of the single market,” Cameron told BBC Radio 4. “What we can’t... [more]

IKEA recalls 169,000 baby high chairs in US, Canada

Swedish furniture giant IKEA has recalled 169,000 baby high chairs sold in the United States and Canada over reports that the safety belts can open unexpectedly. The US Consumer Product Safety Commission and Health Canada announced the recall on Thursday and IKEA posted a warning on its website over the ANTILOP high chair, sold from August 2006 through January 2010 for around $20. The safety regulators said IKEA had received eight complaints... [more]

UK concern over future of US F-35 fighter jets

British Defence Minister Philip Hammond has voiced concern about possible cuts or delays in the US F-35 fighter program as London plans to equip a future aircraft carrier with the stealthy aircraft. In a visit to the US capital, Hammond said he wanted to hear from Defense Secretary Leon Panetta about the potential effect of a new US military strategy and budget plan on the future of the F-35 Joint Strike Fighter. “One of the things... [more]

Lithuanian man blows up himself near U.S. Embassy

A Lithuanian man blew up himself near the U.S. Embassy in the Baltic state’s capital overnight but the embassy was not thought to have been targeted, police said on Friday. “No, the initial suspicion is that this was a suicide,” a police spokesman said by telephone, when asked if the man had been trying to damage the embassy. An officer on duty at the embassy said it had not been damaged by the explosion, which took place... [more]

Blacks Suspends Shares Ahead Of Administration

Blacks Leisure has announced it is going into administration and suspended its shares on the London Stock Exchange (LSE: LSE.L -news) . The troubled retailer said its 306 stores, which employ some 3,500 staff, will continue to trade as normal. But it said it expects to sell most of the business within the next few days. It is hoped that the deal will help it save many of the jobs by allowing buyers to cherry-pick its best assets, including... [more]

Qantas, SIA say no risk after cracks found in A380s

Australian carrier Qantas and Singapore Airlines Friday reassured passengers there was no risk to safety after cracks were found on the wings of several A380 superjumbos, including some in their fleets. Airbus revealed Thursday that “minor cracks” had been found on some jets, but the European planemaker said they posed no safety problem and recommended a way they could be fixed. Qantas said the cracks had been found on one of... [more]

Amsterdam: great place to shop

Amsterdam’s most expensive shopping thoroughfare, the P.C. Hooftstraat, has come in at number three on the list of the world’s nicest places to shop. Singapore’s Orchard Road came at the top of the list, which is in its fourth year of publication. Luxembourg’s Avenue de la Liberté came second. The list is compiled by the international shopping public on behalf of the French marketing agency Presence. Almost 400... [more]

Google admits maps not infallible

GOOGLE says its Google Map system is not infallible and NSW drivers should not follow its directions “blindly”. The admission comes after GPS devices that use Google Maps began to incorrectly indicate that large parts of the Pacific Highway were closed. For example Google Maps currently recommends that drivers travelling between Sydney and Byron Bay take an inland diversion through Armidale and Glen Innes. A Google spokesman... [more]

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