Roberto Abraham Scaruffi

Tuesday, 3 May 2011


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May 3, 2011 -- 6:30 a.m. CEST
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FRONT SECTION
1 Pakistan's bin Laden Connection Is Probed
Obama administration officials said they would probe whether Pakistani authorities helped al Qaeda leader Osama bin Laden stay in hiding for years.


A Boost for Obama Likely to Be Fleeting
The U.S. strike against bin Laden will likely give Obama an immediate boost in popularity. The next test of the president's leadership is whether he can use the momentum to win concrete policy achievements.


2  AGENDA: Europe Needs a Spirit-Lifting Victory   3 Nations Brace for Retaliation   4 As al Qaeda Adapts Its Tactics, Threat From Splinter Groups Persists   5 New Test for U.S.-Pakistan Relations Pressure Rises on U.S. to Trim Troop Numbers in Afghanistan   6 The Death of a Terrorist India Uses Osama Death to Pressure Pakistan   7 His 'Waziristan Mansion' Was No Cave   8 Near Ground Zero, Elation Mixed With Regret  CAPITAL JOURNAL: U.S. Faces Bigger Mideast Challenges Than al Qaeda   9 World Cheers Bin Laden Killing, Prepares for Strikes   10 Business Confidence Rebounds in U.K. Germany's Bundesbank Gets a New Inflation-Fighter Greece to Crack Down on Tax Evasion   11 Japanese Plant Starts Installation of Filters Japan Passes Emergency Budget Materials Costs Hit Factories' Activity   12 Libya Attack Elicits Calls for Revenge Switzerland Freezes Three Mideast Leaders' Funds Group Seeks Upgrade for Black Boxes
 
OPINION
13 Victory in Abbottabad
A measure of justice for the thousands he killed, and a warning to others.


Something Old, Something New
A refreshing day of nearly unadulterated—and unapologetic—British tradition.


Jimmy Carter's Moral Compass
The former President's latest views on the U.S. and North Korea.


14 OPINION The U.S. and Pakistan, Best of Frenemies Facebook's Dubious New Friends   15 OPINION   MICHAEL R. BLOOMBERG: A New Immigration Consensus  THE AMERICAS: Canada's Capitalism Referendum
 
FRONT SECTION
16 Senate 'Gang' Hashes Out Deficit Plan
The bipartisan Gang of Six senators are converging on a deficit-cut proposal requiring both sides of the aisle to take a hit—but their cooperation on the surface has been matched by tensions below.



 
FRONT SECTION
27 Headhunters Seek Larger Pool of Women Candidates
Financial companies want more women in higher positions, and executive search companies are having to cast their net wider.


28 The World's Greatest Whiners Tip of the day   29 Wearing Only a Smile, Nudists Seek Out the Young and the Naked   30  WORLD AT A GLANCE: World Watch   31  BUSINESS AT A GLANCE: Business Watch
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19 After Long Pursuit, Teva Wins Cephalon
Teva Pharmaceutical struck a $6.8 billion deal to acquire Cephalon, trumping a hostile bid from Valeant Pharmaceuticals.


Pendulum Swings Back Toward Detroit
The successful restructuring of Detroit's auto makers, a group whose survival was in question just two years ago, and the March 11 earthquake in Japan are combining to reverse the fortunes of the U.S. and Japanese auto industries.


Sovereign Wealth Funds Line Up for Glencore Shares
Wealth funds from Singapore and the Middle East are in advanced talks to acquire shares in Swiss commodities giant Glencore International's IPO.


20 GM Revs Up Its Lobbying Suitor Increases Its Hostile Tenet Bid Saab Obtains Funds, to Resume Output   21 Facebook Numbers Feed IPO Outlook Hackers Breach Second Sony Service RIM Updates BlackBerry Bold   22 PPR Buys Volcom Fashions   23 Commerzbank Profit Jumps   24 European Stocks Rise After Bin Laden's Death Europe's Share Divide: Emerging Markets Buffett Criticizes Europe on Debt Woes
 
32 HEARD ON THE STREET
All That Twitters Is Not Gold
It's being called Twitter's "CNN moment." But will it pay off for the site's investors?


HEARD ON THE STREET
Prison Companies Are a Conviction Buy
Imagine a real-estate business where your tenant finds it hard to move and you provide the barest of amenities. No, this isn't the world of the New York landlord. It's the private prison business.


HEARD ON THE STREET
Arch Coal Mines a Rich Seam
Arch Coal is the latest miner to dig a tunnel abroad with its $3.5 billion takeover of International Coal Group. It won't be the last.


Overheard
Timing is everything in hedge-fund land. The death of Osama bin Laden just made President George W. Bush's appearance as keynote at next week's SALT hedge-fund gathering in Sin City a much hotter ticket.

He isn't the first high-profile speaker to front the SkyBridge Alternatives Conference at the Bellagio hotel. President Bill Clinton did the honors last year. But, with Gen. Colin Powell also slated to speak, the meeting could be particularly relevant for those traders interested in today's fast-moving geopolitical scene—particularly the Muslim world. After all, it was President Bush who a decade ago famously launched the search for bin Laden "dead or alive."

Having agreed to keep the speech somehow "off-the-record," we hear the organizers are scrambling to renegotiate that what's said in Vegas doesn't stay in Vegas.



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