In Monday's Americas papers

04 January 2010 11:30  [Source: ICIS news]

THE WALL STREET JOURNAL

Front page

UK parties set out election battleground
The UK’s two biggest political parties will begin the election year aiming to portray themselves as the defenders of public services.

Al Qaeda threat escalates
Yemen ordered an "unprecedented" number of troops into a region controlled by a branch of Al Qaeda, as the US and Britain closed their embassies in the capital of Sana.

Novartis gets control of Alcon
Novartis bought 52% of the US eye-care company from Nestlé in a $28.1bn deal, bringing the Swiss drug maker a big step closer to its goal of becoming a global health-care conglomerate.

Money & Investing

Broker Exodus drains firms’ clients
The ranks of brokers at major Wall Street firms have been shrinking, along with those firms’ share of the retail-investing market.

After City Centre, architects face new reality
Las Vegas’s over-the-top City Centre marks a peak for design firms as high-profile jobs fall by the wayside.

Using metals and railroads to gauge recovery
Analysts are focusing on demand for relatively obscure metals and fuels. Rhodium, used in car parts, has reached new highs.

THE NEW YORK TIMES

Front page

US intensifies screening for travellers from 14 nations
Citizens from nations including Pakistan, Saudi Arabia and Nigeria will face intensified screening, but US citizens and most others will not.

Threats led to embassy closings in Yemen, officials say
The US Embassy cited "ongoing threats by Al Qaeda in the Arabian Peninsula", the branch responsible for the failed Christmas Day bomb plot.

Business Day

Lax oversight caused crisis, Bernanke says
Ben S Bernanke’s remarks came as he awaited confirmation for a second term as Fed chairman and as he sought greater authority from Congress.

Russia-Belarus oil dispute threatens Europe’s supply
The two countries failed to renew an agreement on crude oil export tariffs that expired on New Year’s Eve, raising the prospect of another mid-winter fuel shut-off.

WASHINGTON POST

Front page

Stepped-up screening for ‘terror-prone’ countries
All passengers from more than a dozen nations will be patted down and have their carry-on bags searched, under new rules taking effect on Monday.

Jordan emerges as key CIA counter-terrorism ally
Hours after last week’s deadly attack on a CIA base in Afghanistan, a revision was made in official accounts of the number of intelligence operatives killed in the suicide bombing.

Business

Amid financial crisis, tallest tower set to open in UAE
Dubai is set to open the world’s tallest building as the city seeks to revitalise its economy after a debt crisis in 2009 that forced the once-hot financial centre to turn to neighbouring Abu Dhabi for a second $10bn bailout loan.

US, China locked in trade disputes
Disagreements between Beijing and Washington over exports of tires, chickens, steel, nylon, autos, paper and salt are multiplying and further damaging the already tense relationship between the two economic powers.

GLOBE AND MAIL, Canada

Front page

Costs to soar as aging Canadians face rising tide of dementia
The annual cost of dementia is projected to soar tenfold in the next generation, a stark illustration of the impact an aging Canadian population will have on the health-care system.

Five more dead and one question: Can the Afghan mission be saved?
The return home of the bodies of four soldiers and a journalist from Afghanistan on Sunday offered a poignant, painful reminder of a question that will dominate the coming year: Is the Kandahar commitment turning into a failure, or can it still be rescued?

Business

Grading the world’s central bankers
As the world teetered on the brink of economic ruin 80 years ago, the most powerful central bankers and financial policy makers of the day compounded key blunders by essentially sitting on their hands or finding ways to make things worse.

Insurers focus on prevention
The country’s top life insurers are boosting coverage of preventive care as the population’s aging threatens to hike costs for the industry.

BUENOS AIRES HERALD

Front page

US, Britain close embassies in Yemen after terror concerns
The United States and Britain closed their embassies in Yemen on Sunday over security concerns about possible militant attacks after the failed bombing of a US-bound plane on Christmas Day.

US announces measures for certain countries after 25 December attempt
Passengers from Nigerioa, Yemen, Pakistan, Afghanistan, Saudi Arabia and nine other countries will face full-body pat downs before boarding airliners under new security screening procedures targeting foreign passengers announced by the United States.

Scioli says govt not ‘anxious’ about 2011 candidacies
Buenos Aires Province Governor Daniel Scioli said that "the anxiety felt by some politicians is not felt by us", with regards to Julio Cobos’ eventual presidential candidacy in the 2011 presidential elections.

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