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New Navy submarine completes trials

VIENNA, Feb. 16 (UPI) -- A United Nations report released in Vienna said the recession in Europe is punishing for Europe, but also for economies in emerging nations.
A report by the U.N. Industrial Development Organization in Vienna said that world manufacturing grew by 2.2 percent in 2012, a sharp drop from the 3.1 percent that was expected as of mid-year.
Manufacturing grew at a rate of 8.7 percent per year in Asia in 2012 and 5.9 percent in Africa, the report said. In nation's with developed economies, manufacturing grew only 0.3 percent in 2012, the report 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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