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New Navy submarine completes trials

LONDON, Dec. 20 (UPI) -- Consumer spending in Britain rose marginally on a 12-month basis in November, the Office for National Statistics said Thursday.
Consumer spending rose 0.9 percent over November 2011, continuing an upward trend in British retail that began in August 2011.
While the trend is persistent, it is not exactly red hot, either, the ONS said.
"Overall, between 2007 and 2012 (retail) has been relatively flat, the monthly report said.
The annual rate continued to show growth, but retail receipts dropped 0.1 percent from October, "following decreases in both the quantity bought and the amount spent between September and October," ONS said.
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TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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