12:01am

Wed January 25, 2012
Middle East

Can Sanctions Alone Get Iran To Negotiate?

Originally published on Wed January 25, 2012 10:44 am

Fishing boats are seen in front of oil tankers on the Persian Gulf waters, south of the Strait of Hormuz. The European Union has announced plans to join U.S. efforts to slow the flow of oil from Iran, the world's third largest exporter.
Kamran Jebreili AP

In an effort to bring Iran to the negotiating table over its nuclear program through economic pain, both the U.S. and the European Union have imposed sanctions that should make it harder for Iran to sell its oil. But the global oil business is unpredictable, and sanctions are no guarantee.

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12:01am

Wed January 25, 2012
Africa

Nigeria's President Under Pressure To Quell Violence

Nigerian President Goodluck Jonathan (left) walks with the Emir of Kano Ado Bayero during a one-day visit to the city that was rocked by recent attacks.
Aminu Abuabakar AFP/Getty Images

Kano, the largest city in Nigeria's Muslim north, is an ancient, sprawling city of more than 9 million. Last Friday, the Muslim day of prayers was shattered by a series of coordinated bomb blasts.

Just down the street from one of the main market areas in the city, the street remains blocked off from a police station hit in the attacks. The radical Islamist sect Boko Haram claimed responsibility.

Sagir Ali, a security guard at a parking lot at the market, says he watched as nearby government offices were attacked.

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12:01am

Wed January 25, 2012
Energy

Is The Booming Natural Gas Industry Overproducing?

Originally published on Wed January 25, 2012 12:25 pm

Hydraulic fracturing wells have been producing a tremendous amount of natural gas — far more than the current demand. Above, a Cabot Oil & Gas natural gas drill at a fracking site in South Montrose, Pa.
Spencer Platt Getty Images

The practice of hydraulic fracturing — pumping fluid into underground rock to push up natural gas — has its detractors, especially among environmentalists. But it's becoming clear that whatever its drawbacks, "fracking," as it's called, is producing a lot of gas — maybe too much gas.

Fracking was once a small part of the natural gas industry, a technique to get hard-to-reach deposits in underground shale. Then the technology improved, and the dinner bell rang. Everybody wanted in. Now there's so much gas on the market that the price is at a 10-year low.

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6:25pm

Tue January 24, 2012
The Salt

Eaters Worldwide Are Skeptical of Manufacturers' Health Claims

A woman with her son checks labels on fruit drinks in a store in Manila, Philippines.
Pat Roque ASSOCIATED PRESS

We members of the global food village seem to have something in common: We're pretty darned skeptical food manufacturers' health claims.

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6:04pm

Tue January 24, 2012
Presidential Race

Gingrich Campaign Rides A Financial Roller Coaster

Originally published on Tue January 24, 2012 7:43 pm

Casino owner Sheldon Adelson and his wife, Miriam, at the Marina Bay Sands complex in Singapore in June. The Adelsons have donated $5 million each to the pro-Gingrich superPAC Winning Our Future.
Roslan Rahman AFP/Getty Images

Newt Gingrich's presidential campaign celebrated his win in the South Carolina Republican primary with a so-called money bomb, a fundraising push to raise as much as possible.

It was a success. But its importance also shows the precarious financial state of Gingrich's campaign.

Spokesman R.C. Hammond says the campaign first set a target of $1 million, then doubled it and met it, all within 48 hours.

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6:00pm

Tue January 24, 2012
The Two-Way

Live Blog: 'No Bailouts, No Handouts, No Copouts,' Obama Will Say

Originally published on Thu November 15, 2012 5:33 pm

President Obama delivers his annual State of the Union address before a joint session of Congress.
Jim Watson AFP/Getty Images

5:04pm

Tue January 24, 2012
The Two-Way

Apple Sold 37 Million iPhones Last Quarter, 7 Million More Than Expected

Originally published on Tue January 24, 2012 5:22 pm

Apple's just-released financial results for the quarter ended Dec. 31 have some eye-popping numbers:

-- "Record quarterly net profit of $13.1 billion," double the $6 billion of the same quarter a year earlier.

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4:25pm

Tue January 24, 2012
Around the Nation

Texas Town Embraces New Refugee Residents

Originally published on Tue January 24, 2012 9:06 pm

Ker Paw Nah, 27, is a supervisor at Pilgrim's Pride. He met his wife, Paw Mu Nar in a refugee camp. Their son, Hai Ler Nah, just turned one.
Kate Archer Kent Red River Radio

Though some states have cracked down hard on illegal immigration, one small Texas town has rolled out the welcome mat for hundreds of foreigners and wouldn't mind seeing more move in.

It started about a year ago when a chicken processing plant in Nacogdoches, Texas, announced it would hire a couple hundred new workers, all of them refugees from Myanmar, also known as Burma.

"The initial reaction, it wasn't as good as it should have been," says Nacogdoches Mayor Roger Van Horn.

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4:20pm

Tue January 24, 2012
Business

Muslim Men Rescue Bagel Shop And Keep It Kosher

Founded in 1920, Coney Island Bialys and Bagels claims to be the oldest bialy bakery in New York City. It's now run by two Pakistani Muslim men, who say they are keeping it kosher.
Margot Adler NPR

Coney Island Bialys and Bagels claims to be the oldest bialy bakery in New York City. Founded in 1920, it's faced hard economic times and changing neighborhood demographics.

Now, the shop has been rescued by two Pakistani Muslims — and they're keeping it kosher.

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4:15pm

Tue January 24, 2012
Energy

Foreign Oil Imports Drop As U.S. Drilling Ramps Up

Originally published on Tue January 24, 2012 6:07 pm

Natural gas is burned off next to an oil well being drilled at a site near Tioga, N.D., in August. U.S. oil production started increasing a few years ago and is predicted to continue to rise, reducing the country's dependence on oil imports.
Karen Bleier AFP/Getty Images

Since President Obama took office, the U.S. has made considerable progress in overcoming a problem that has bedeviled presidents since Richard Nixon — dependence on foreign oil.

When U.S. oil dependence peaked at 60 percent in 2005, then-President George W. Bush said the country had a serious problem and was "addicted to oil."

Oil imports were down to 49 percent in 2010, and the Energy Information Agency predicted Tuesday that imports would drop to 36 percent by 2035.

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