- The Italian Supreme Court has ruled there is a causal link between mobile phone use and brain tumors in a landmark case. The ruling has set a legal precedent that could potentially trigger a deluge of lawsuits.
- Worldwide Smartphone’s in use top 1 bln
(FT)
- Kiev’s move to halt wheat exports from November 15 is the first by a leading food exporting country this year and raises spectre of 2007-08 food crisis.
- (Reuters) - The drought that ravaged the United States this year does not appear to be abating and may spread through the winter, government forecasters said on Thursday.
- U.S. home construction rose 15% in September to an annual rate of 872,000
- U.S. existing home sales fell 1.7% in September
- Hollande again called on his European counterparts to move towards issuing euro bonds via mutualized debt to complement the fiscal pact.
- Overall foreign holdings of U.S. Treasury securities reached 5.43 trillion U.S. dollars in August, up from a revised 5.348 trillion dollars in July. It was the eighth consecutive monthly increase.
- (Bloomberg) U.S. Rich-Poor Gap Widens to most since 1967 as Income Falls. Russia with its oligarchs has greater income equality than the U.S.
- USA Today: How important is the COLA? From 2001 to 2011, household incomes in the U.S. dropped for every age group except one: those 65 and older. The median income for all U.S. households fell 6.6% when inflation was taken into account, according to census data. But the median income for households headed by someone 65 or older rose 13%. "That's all because of Social Security," Certner said. "Social Security has the COLA, and that's what's keeping seniors above water, as opposed to everybody else who's struggling in this economy."
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(theguardian) Mitt Romney's current standing in the polls in Massachusetts gives him the dubious honour of being more unpopular in his home state than any presidential candidate in modern history.
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