JERUSALEM (AP) â Israel's prime minister criticized the deal expected to emerge from nuclear talks in Switzerland on Tuesday, saying it will "pave the way" for Iran to have the ability to build an atomic bomb in little time.
China's Communist rulers have turned against the exclusive sport of golf with the government saying nearly 70 "illegal" courses have been closed, seemingly enforcing a decade-old ban for the first time. The announcement by the ministry of land and resources comes amid a high-profile anti-graft campaign spearheaded by President Xi Jinping, which has seen crackdowns on banquets, lavish gift-giving and other official excesses. The ruling Communist Party has long had an ambivalent relationship with golf, which is a lucrative opportunity for local authorities and a favoured pastime of some officials, but is also closely associated with wealth and Western elites. "Presently, local governments have shut down a number of illegally-built golf courses, and preliminary results have been achieved in clean-up and rectification work," read the announcement on the ministry's website late Monday.
DeMar DeRozan scored a career-high 42 points and matched a career best with 11 rebounds as Toronto beat Houston 99-96 in a battle of NBA division leaders. DeRozan, who netted 12 points in the fourth quarter on Monday, was 14-of-27 from the court and 12-of-17 from the free throw line to power the Raptors to their eighth home win in a row over the Rockets. Atlantic division leader Toronto improved to 44-30, one game behind Chicago for the third-best record in the Eastern Conference.
By Renee Maltezou and Lefteris Papadimas ATHENS (Reuters) - Greece failed to reach an initial deal with the European Union and the IMF to unlock aid after the creditors dismissed a package of reforms from Athens as ideas rather than a concrete plan, officials said on Tuesday. The lack of a deal further raises pressure on Athens, which faces the prospect of running out of money in a few weeks unless it can convince lenders to dole out more financial help. Athens put a brave face on the failure to reach an agreement with the "Brussels Group" of representatives from the EU and the IMF, saying it remained keen for a deal on the basis of its long-held demand that the measures it is asked to implement do not hurt economic growth. Mistrust and acrimony have characterised much of Greece's talks with lenders since Prime Minister Alexis Tsipras stormed to power in January pledging to end austerity and a bailout programme that has kept Greece afloat for over four years.
U.S. stocks are forecast to post more modest gains this year than in 2014 as rising interest rates and a firmer dollar partly offset strong economic growth, a Reuters poll found. Strategists are optimistic about U.S. economic prospects for 2015, but they said the market could pull back once the Federal Reserve raises interest rates. The Fed is expected to do so for the first time in almost a decade later this year if the economy, especially the labor market, keeps improving. Strategists lowered their midyear target for the S&P to a median of 2,073 from 2,103 in a December poll and reduced the Dow Jones Industrial Average estimate to 18,000 from 18,500.
Have you been at dinner and the person at the next table takes a business call, of which you hear everything? Or at the movies and in front of you, someone is checking their email? Maybe you've been out for a walk and instead of enjoying the scenery, people all around have their earbuds in, missing the first callings of spring. Perhaps that...