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Facebook stock: 6 intriguing investors

Facebook stock will make many people suddenly wealthy when it begins trading this Friday. The company is expected to be valued somewhere around $100 billion, with stock expected to sell anywhere between $34 and $38 per share. Here are six of the more unexpected people set to make a killing with initial public offering of Facebook stock, including a rock star, a graffiti artist, and pair of Mark Zuckerberg’s enemies.
World rankings: top 10 universities around the globe

Britain's leading higher education publication, The Times Higher Education, today released its 2012 reputation rankings for universities worldwide. Here is a list of the top 10.
8 reasons America is not in decline

As many as 70 percent of Americans believe that the United States is in decline. And who can blame them? High unemployment. Crushing debt. Political gridlock. For all the unrelenting gloom, Old Dominion University political science professor Steve Yetiv explains that America remains strong in key areas, unlikely to be superseded by another country anytime soon. He urges readers to consider these 8 facts:
Myanmar's about-face: 5 recent reforms

Since 1962, Myanmar's dictatorship has jailed the opposition, beat up monks, denied aid to disaster victims, and run scorched-earth campaigns against ethnic minorities. That may be changing, however. Here are five key changes the regime has made in just a matter of months.
How do key countries rank on corruption?

Every year, the group Transparency International releases its Corruption Perception Index, which measures the perception of corruption – misuse of public resources, bribery, and backdoor deals, to name a few - in countries worldwide.

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'Expatriotism': the last refuge of a scoundrel?

Two senators going after Facebook cofounder Eduardo Saverin for taxes seem to need a little help with their spelling.
Oil prices rise on optimism about Greece

Oil prices near $92 a barrel after weekend opinion polls show Greece's austerity parties could form a coalition. In London, oil prices move up nearly $1 a barrel.
Focus
Are terrorists beyond redemption?

The record shows that some radicals can be persuaded to give up the gun when inducements and local conditions are right. The Pentagon recently spent $4.5 million to find out more.
A decade after independence, East Timor's surprising best friend? Indonesia.

Ten years ago, East Timor was reeling from Indonesia's scorched-earth withdrawal after two-plus decades of occupation. Today it sees its huge neighbor as a crucial partner.
Oil prices fall to seven-month low

Oil prices edge down below $91 a barrel as tensions ease over Iran nuclear program. London's Brent crude oil prices fall to $107.
The Daily Reckoning
Leave Facebook's Eduardo Saverin alone

Eduardo Saverin's timely renunciation of his American citizenship is no reason to keep him out of the US. People should be able to move where they want, when they want, for any reason.
Decoder Wire
Facebook IPO: Is co-founder Saverin cheating US out of $100 million in taxes?

By renouncing his US citizenship, Facebook co-founder Eduardo Saverin could save some $100 million in taxes from Friday's Facebook IPO. Senators call it 'tax avoidance,' and aim to block it.
Facebook stock: 6 intriguing investors

Facebook stock will make many people suddenly wealthy when it begins trading this Friday. The company is expected to be valued somewhere around $100 billion, with stock expected to sell anywhere between $34 and $38 per share. Here are six of the more unexpected people set to make a killing with initial public offering of Facebook stock, including a rock star, a graffiti artist, and pair of Mark Zuckerberg’s enemies.
Oil prices remain below $95 a barrel

Oil prices in Asia are near a five-month low. Concerns that Greek election chaos could undermine confidence in Europe are behind sagging oil prices.
The Daily Reckoning
Will taxing the rich really fix the economy?

The rich are roundly blamed for the country's economic woes. But the problems the economy faces run deeper than tax code matters.
Oil prices fall below $96 a barrel

Oil prices in Asia fall on concerns about slowing economic growth. Oil prices have fallen about 10 percent since last week.
The New Economy
As Chinese wages rise, US manufacturers head back home

By 2015, Chinese wages will be high enough that it will be just as cheap to manufacture goods for the US market in America. Some US manufacturers aren't waiting.
Transportation bill, not yet passed, already blasted by critics

House and Senate negotiators are considering how to mesh two very different transportation bills, but experts and lobbyists say neither bill addresses the fundamental problems.
Chapter & Verse
Jackie Kennedy, Susan Sontag, and Angela Davis: their Paris years

Jackie Kennedy, Susan Sontag, and Angela Davis may not have much else in common. But they'll always have Paris.
Chapter & Verse
How a murder changed China as it moved toward World War II

Paul French, author of 'Midnight in Peking,' tells how the murder of a British diplomat's teenage daughter shook both Chinese and foreigners in pre-war Peking.
Focus
In France's suburban ghettos, a struggle to be heard amid election noise (+video)

In the suburban ghettos ringing France's cities, marginalized minority residents, particularly youth, struggle to access opportunity in a society that seems off-limits.
Leaning on US, Philippines boldly pushes back on China in sea dispute

The Philippines, a normally quiet claimant in South China Sea disputes, is mounting unusually bold resistance against China as it edges in on Manila’s maritime interests.
Taiwan set for Chinese invasion - of investors

Taiwan's economy is poised grow significantly this year as the island relaxes barriers to investment from its old rival, mainland China.
American Idol takes on Queen: Will Hollie Cavanagh go home next? (+video)

American Idol featured the songs of Queen Wednesday. Hollie Cavanagh struggled, but rebounded with her second song. Will American Idol voters send her home?
The Circle Bastiat
How can Venezuela be so rich in resources, but so low in supplies?

In the modern world, a country’s natural resources have very little to do whether goods are on the nation’s shelves for people to buy. Venezuela is a prime example.
Stock market gets boost from earnings, Germany

Stock market futures in US as well as exchanges across Europe buoyed by German business optimism, US earnings. German stock market up 1 percent.
Tsunami warning: This time, the system mostly worked

Tsunami warning sirens sounded around the Indian Ocean region after an 8.6 earthquake hit yesterday. During the 2004 tsunami, few warning systems were in place.
Global News Blog
Google, an underdog in Asia, lays plans for Taiwan data center

Taiwan gets Internet traffic easily from the United States. I sits at the ends of undersea cables that extend directly from North America before branching off to other parts of Asia.
Oil prices edge down toward $106 a barrel

Oil prices slip as investors eye slowing economic growth and risk of supply disruptions because of Iran impasse. An Australian bank forecasts oil prices will stay above $100 a barrel through 2012.
Oil prices fall below $107 a barrel

Oil prices dip on concerns about China's growth. But oil prices are up from $75 a barrel in October.