Friday, May 18, 2012

FEATURES


by James B. Kelleher

CHICAGO - The NATO summit this weekend will severely test Chicago Mayor Rahm Emanuel who lobbied hard to win the meeting of some 60 leaders, including heads of the 28 countries in the alliance.

by Maayan Lubell

JERUSALEM - U.S. plans for a possible military strike on Iran are ready and the option is "fully available", the U.S. ambassador to Israel said, days before Tehran resumes talks with world powers which suspect it of seeking to develop nuclear arms.

Lead Picture

Professor Ilesanmi Adesida promised to take University of Illinois, Urbana-Champaign to new hight."


by Joseph Omoremi

URBANA-CHAMPAIGN, IL-Professor Ilesanmi Adesida, the Nigerian-born Dean, College of Engineering at Urbana-Champaign campus of the University of Illinois, who was on Thursday named the Vice Chancellor for Academic Affairs and Provost of University said his first priority, is to put the University of Illinois as one of the top universities in the world.

BUSINESS

by Dave Clarke

WASHINGTON - The U.S. financial risk council approved a final rule on Tuesday laying out how it will decide which financial companies outside the banking industry will face new scrutiny by the Federal Reserve in hopes of preventing a repeat of the 2007-2009 financial crisis.

by Lucia Mutikani

WASHINGTON - The U.S. economy likely notched up a fourth month of solid job growth in March, which would lower the need for the Federal Reserve to offer additional monetary stimulus to spur faster economic growth.

METRO

by Ann Saphir

CHICAGO - CME Group Inc received two subpoenas, including one for a criminal probe, in the immediate aftermath of the collapse of futures broker MF Global Holdings Ltd, the giant exchange operator said on Tuesday.

by Kyle Peterson

CHICAGO - An unidentified VIP customer was due on Tuesday to receive the first delivery of the passenger version of Boeing's upgraded 747, its largest and most recognizable commercial airplane, which lists for $332.9 million.

WORLD

by Caroline Copley

GENEVA - Iran, facing growing international pressure over its nuclear programme, called for more talks with the U.N. nuclear watchdog on Tuesday and condemned production of atomic weapons as a "great sin".

by Bate Felix

DAKAR - Senegalese President Abdoulaye Wade faces a tough presidential election run-off against his nearest rival after a campaign aide said on Tuesday that partial results ruled out a clear first-round victory.

AFRICA
KOLUAMA, Nigeria - Nigeria's president visited the site of a fire caused by an accident at Chevron's offshore Funiwa oil facility and urged the company to give more aid to the communities affected.

by Tamim Elyan

CAIRO - Egypt's Islamist-led upper house of parliament picked a Muslim Brotherhood deputy as its speaker on Tuesday, cementing the group's dominance in the legislature after elections handed it a majority of seats.

SPORTS
Oosthuizen leads Masters, Woods four back

AUGUSTA - Former British Open champion Louis Oosthuizen grabbed an early one-shot lead on a day of high drama and tumultuous swings of fortune in the opening round of the Masters on Thursday.

POLITICS

WASHINGTON - President Barack Obama accused Republicans on Tuesday of favoring the rich with a budget plan that focuses on cutting popular programs, which the White House sees as a potent vote winner for Democrats in this year's election.

EDUCATION
Poverty dominates many School Districts-Censuses

WASHINGTON - Nearly half of all children in America live in school districts with high levels of poverty, according to U.S. Census data released on Tuesday that pointed to financial traps many public schools are caught in.

EDITORIAL

NEW YORK - Dan Magder recently gave up a top job with private equity firm Lone Star Funds to strike out on his own and become a landlord.

Chicago Inquirer Web Poll
Over a year ago, the US predicted that Nigeria will break up in 15 years. Now, the once peaceful Plateau State is in tumor. Is Nigeria moving towards the break up?

Yes
No
Indifferent


                                         

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