CAMBRIDGE, Massachusetts (Reuters) – India’s economy will pick up by year-end thanks to the start-up of billions of dollars worth of stalled resource projects and a good monsoon season that will bolster agricultural production, the head of India’s central bank said on Tuesday.
The Reserve Bank of India is due to review monetary policy on October 29, with a rising pace of inflation bolstering odds for another central bank interest rate hike even as the economy stumbles through its worst crisis since 1991.
BOSTON (Reuters) – Workers tearing down Sandy Hook Elementary School in Newtown, Connecticut, site of one of Americas worst school shootings, have been required by the town to sign confidentiality agreements barring them from discussing or photographing the site.
The move is aimed at protecting families of the victims from further airing of details of the incident in which a gunman entered the school last December and opened fire, killing 20 young children and six faculty and staff before turning his gun on himself, Selectman William Rodgers said.
CAMBRIDGE, Massachusetts (Reuters) – French Finance Minister Pierre Moscovici said on Thursday Europe must prioritize growth over deficit-slashing if it wants to weaken the anti-European movement ahead of elections next year.
He said the European Union had already survived an existential crisis that threatened to bring down the common currency, but was now facing another crisis stemming from a lack of economic growth and high unemployment.
BOSTON (Reuters) – A man who says he was shot in the face by Aaron Hernandez, an ex-NFL star jailed on separate murder charges, was arrested on Friday for skipping a court appearance last month, the U.S. Marshals Service said.
Alexander Bradley was captured in Hartford, Connecticut, after more than three weeks on the run and was scheduled to appear in Hartford Superior Court Friday afternoon, U.S. Marshals Service Supervisor Andrew Tingley said.
BOSTON (Reuters) – Caesars Entertainment Corp’s (CZR.O: Quote, Profile, Research, Stock Buzz) proposed casino in Boston would draw elite international gamblers in the same way Las Vegas does, and marks one of the U.S. gaming industry’s best cash-making opportunities, CEO Gary Loveman said on Friday.
The company, which is pursuing an aggressive expansion agenda in the United States while wrestling with a mountainous debt burden of over $20 billion, is among a handful of major casino operators vying for licenses in Massachusetts.
BOSTON, Sept 25 (Reuters) – Debt-laden European nations, the
United States, and resource-rich developing countries could all
learn from Norway’s tight-fisted spending habits and oil wealth
management, the Scandinavian nation’s outgoing prime minister
said on Wednesday.
Jens Stoltenberg said Norway had become one of the
wealthiest countries in the world mainly by refusing to spend
its huge state oil revenues, instead placing them in a sovereign
wealth fund and using only the annual returns.
BOSTON (Reuters) – Mitsubishi Corp (8058.T: Quote, Profile, Research, Stock Buzz) Chairman Yorihiko Kojima said on Wednesday that Japan’s economic reform agenda could, if successful, pave the way for the company’s expansion in the country’s energy sector.
A sweeping economic policy overhaul by Prime Minister Shinzo Abe aimed at pulling the world’s third largest economy out of a 15-year deflationary period – a policy dubbed “Abenomics” – has succeeded in building market optimism, he said.
NEW YORK (Reuters) – The United States is struggling to prosecute one of the prized catches in its global war on drugs, Guinea Bissau’s former navy chief Jose Americo Bubo Na Tchuto, because lawyers cannot find enough translators who speak his native Kriol.
Na Tchuto was arrested in a sting off the West African coast in April in the Drug Enforcement Administration’s most high-profile capture of a suspected drugs kingpin in Africa. He was flown to New York where he has been in jail awaiting trial.
BOSTON (Reuters) – Researchers who swallowed a parboiled shrew, discovered that dung beetles navigate by the stars and invented a machine to launch hijackers from airplanes were among the winners of this year’s Ig Nobel prizes for comical scientific achievements.
The annual prizes, meant to entertain and encourage global research and innovation, are awarded by the Annals of Improbable Research as a whimsical counterpart to the Nobel Prizes which will be announced next month.
BOSTON (Reuters) – A man who says he was shot in the face by ex-NFL star Aaron Hernandez is being sought by Connecticut police after he skipped a court appearance related to a double-homicide probe in Massachusetts targeting Hernandez.
Hartford Superior Court Judge Joan Alexander issued an arrest warrant for Alexander Bradley after he failed to show up for a Tuesday hearing on whether he should be compelled to testify as an “interstate witness,” a court clerk confirmed on Wednesday.