Because Economics is Sexy...

The ruling party candidate in Honduras’s presidential election has conceded defeat after preliminary results showed him trailing with only 38 per cent of the vote.
Porfirio Lobo, the opposition candidate, who preliminary figures showed had more than 56 per cent support, claimed victory soon afterwards.
“The people will never be defeated, they will always go forward. Today [...]

Nakheel, Dubai’s property developer and part of the heavily-indebted Dubai World conglomerate, has asked Nasdaq, a US stock exchange, to stop trading its bonds.
The bonds have been taken off the Dubai bourse, Nasdaq said on their website.
Markets in Dubai, part of the United Arab Emirates (UAE), had fallen 7.3 per cent by the end of [...]

A decision by the United Nations nuclear agency to censure Tehran for its disputed nuclear programme left the country with no choice but to order the construction of 10 new nuclear plants, an Iranian vice-president has said.
Ali Akbar Salehi told state radio on Monday that Tehran had no plans to build any new uranium enrichment [...]

GENEVA (Reuters) – The “Big Bang” experiment at CERN near Geneva scored a world record on Monday by accelerating beams to the highest energy ever achieved in a particle collider, the research center announced.
Scientists at CERN, the European Organization for Nuclear Research, said the achievement marked a major milestone on the way to tests next [...]

Voting has ended in a national poll on whether to ban the construction of minarets on mosques across Switzerland.
Opinion polls before Sunday’s refendum, backed by the country’s largest political party – the right-wing Swiss People’s Party – indicated that it would be defeated, but only by a small margin.
Results are expected around 16GMT, but [...]

Saudi emergency services have said the toll from floods that tore through the port city of Jeddah this week has risen to 106.
Torrents of water inundated the Red Sea port on Wednesday after Saudi Arabia saw some of the heaviest rainfall in years. Some 1,400 residents had to be rescued.
Many of the victims were drowned [...]

TANEGASHIMA, Kagoshima Pref. — Japan’s latest intelligence-gathering satellite was successfully put into orbit Saturday, replacing an earlier model, the Japanese Aerospace Exploration Agency said.
The optical satellite was launched on an H-2A rocket from Tanegashima Space Center in Kagoshima Prefecture by JAXA and Mitsubishi Heavy Industries Ltd.
The new satellite, the third of its kind, will replace [...]

CHICAGO (Reuters) – In a worrisome sign for retailers, data released on Saturday showed that sales rose a scant 0.5 percent on the traditional kickoff to the holiday shopping season despite early signs of a strong showing.
A focus on bargains pulled shoppers into stores and onto websites over the Thanksgiving holiday weekend, but many said [...]

UGLOVKA, Russia (Reuters) – Russia’s domestic intelligence service Saturday said a train disaster that killed dozens and injured nearly 100 was caused by a bomb.
The Nevsky Express, carrying 682 passengers and 29 crew, was derailed Friday night on the main line between Moscow and Russia’s second city, St Petersburg.
“Criminal experts say that based on preliminary [...]

ABU DHABI (Reuters) – Abu Dhabi, wealthy capital of the United Arab Emirates, will “pick and choose” how to assist debt-laden neighbor Dubai, a senior official said on Saturday, after fears of a Dubai default sent global markets reeling.
“We will look at Dubai’s commitments and approach them on a case-by-case basis. It does not mean [...]