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  • 30
    Dec
    2012
    7:21pm, EST

    Fiscal talks hit major setback as GOP appeals to Biden

    Drew Angerer / Getty Images

    Senate Majority Leader Harry Reid (D-Nev.) leaves the Senate chamber and heads to a meeting with Senate Democrats on Capitol Hill, Dec. 30, in Washington, D.C. The House and Senate are both in session today to deal with the looming 'fiscal cliff'.

    Democrats said that Republicans, led by Minority Leader Mitch McConnell, Ky., are insisting that a deal to resolve the fiscal cliff include what is known as "chained CPI" -- a change in how Social Security benefits are calculated to increase over time. 

    Just before a self-imposed deadline at which Senate leaders were set to brief their respective caucuses about a prospective deal, negotiations toward a scaled-back agreement to avoid the onset of automatic tax hikes and spending cuts on Jan. 1 appeared on the verge of breakdown.

    -- Reported by Michael O'Brien, NBC News

    Read the full story

    Related content:

    In an exclusive interview with Meet the Press, President Barack Obama tells David Gregory he's optimistic the fiscal cliff can be averted, lays out the goals for his second term, and also discusses the Benghazi attack and how it was handled by the administration and those on Capitol Hill.

    Comment

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    Explore related topics: economy, senate, us-news, fiscal-cliff
  • 26
    Dec
    2012
    10:51am, EST

    AFP - Getty Images

    Making room with a boom

    Dust rises after a building was demolished in Haikou, south China's Hainan province on Dec. 25. For the past two years, China has sought to control residential property prices with measures including restrictions on second and third home purchases, higher minimum down payments, and annual taxes in some cities on multiple and non locally-owned homes.

    VIDEO: Explosives bring down airline building in China

    Previously on PhotoBlog:

    • 'Nail grave' finally removed from construction site in China
    • Grave interruption: Building around a tomb in China
    • Shanghai's relentless evolution
    • A building "boom" in China
    • Denmark's second-tallest building is demolished

    Comment

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    Explore related topics: china, economy, demolition
  • 21
    Dec
    2012
    6:19pm, EST

    Wave of looting spreads in Argentina

    Martin Acosta / EPA

    A woman is overcome with emotion as she looks at damage by looters to a gas station in San Fernando, Buenos Aires province, Argentina, on Dec. 21.

    Reuters reports: Two people were killed in Argentina on Friday as looters broke into supermarkets in several cities, stirring memories of the country's devastating economic crisis 11 years ago.

    Police fired teargas and rubber bullets to stop dozens of stone-throwing youths from looting a supermarket owned by French retailer Carrefour near the capital, a day after the unrest erupted in the Patagonian ski resort of Bariloche.

    Government officials condemned the violence and sent 400 military police to the southern city, where raiders stormed a supermarket owned by the local unit of Wal-Mart and made off with flat-screen televisions and other goods.

    The violence spread to the central city of Rosario, where two people were killed, and to the northern province of Chaco. About 250 people were arrested in total in four different provinces and police battled to avert fresh incidents in the urban sprawl that encircles Buenos Aires. Full Story

    Martin Acosta / AP

    A security guard holding a hockey stick grabs looter at a gas station on the outskirts of Buenos Aires, Friday, Dec. 21, 2012.

    Enrique Marcarian / Reuters

    Police open fire at people who tried to loot a supermarket in San Fernando on the outskirts of Buenos Aires on Dec. 21.

    Enrique Marcarian / Reuters

    People who tried to loot a supermarket throw stones at police in San Fernando on the outskirts of Buenos Aires on Dec. 21.

    Previously on PhotoBlog:

    • Masked bandits loot a supermarket in Argentina

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    19 comments

    This is another third world country... The population has no respect for privateproperty... Behaving like animals … Very dangerous for tourists right now!!!

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    Explore related topics: economy, looting, argentina, south-america, world-news
  • 10
    Dec
    2012
    7:21am, EST

    AFP - Getty Images

    Scavengers picking up useful construction waste from a garbage dump in Hefei, in central China's Anhui province on December 9, 2012.

    China's widening wealth gap leaves millions in poverty

    China's wealth gap has widened to a level where it is among the world's most unequal nations, a Chinese academic institute said in a survey, as huge numbers of poor are left behind by the economic boom.

    -- Agence France-Presse

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    3 comments

    What does this reporting imply? That it was better when all Chinese were equally poor?? More Chinese have been able to leave poverty in a short period of time than the entire population of the United States but its a tragedy because they couldn't everyone out?

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    Explore related topics: china, economy, asia, poverty, world-news, wealth, hefei
  • 3
    Dec
    2012
    2:53pm, EST

    Facing eviction, family gets reprieve after landlord flees the country

    Juan Medina / Reuters

    Jorge Sanchez of Colombia empties his freezer, before learning that his family's eviction has been suspended, in his home in Madrid on Dec. 3.

    Juan Medina / Reuters

    Jenifer Martinez of Spain packs her belongings, before learning that her family's eviction has been suspended, in her home in Madrid on Dec. 3.

    Reuters -- Jenifer Martinez of Spain, along with her boyfriend Jorge Sanchez of Colombia and their three children, were packing their belongings before they were supposed to be evicted from their home in Madrid. However, their eviction has been postponed to January 2013, due to their landlord's failure to pay the mortgage to a local bank. Their landlord has since run away to Ecuador.

    Juan Medina / Reuters

    Jenifer Martinez of Spain speaks to a member of the Mortgage Victims' Platform, left, before learning that her family's eviction has been suspended, in her home's kitchen in Madrid on Dec. 3.

    Juan Medina / Reuters

    Jorge Sanchez of Colombia, right, kisses his girlfriend Jenifer Martinez of Spain after learning that their family's eviction has been suspended, in Madrid on Dec. 3.

    Juan Medina / Reuters

    Jorge Sanchez of Colombia takes down a placard outside his house after learning that his family's eviction has been suspended in Madrid on Dec. 3.

    Previously on Photoblog:

    • Spanish gypsies watch as their homes of 50 years are demolished
    • Spanish gypsies lament after homes demolished
    • Family theater struggles to avoid final curtain call in Spain
    • A family in Spain remains in limbo as they learn their eviction is suspended

    Follow @NBCNewsPictures

    5 comments

    Maybe the reason why the landlord failed to pay the mortgage is because the tenants ( whom this article is about ) failed to pay the rent ( which is what this article is about ). What choice does a landlord have but to evict tenants who don't pay the rent. This scenario happens on a daily basis arou …

    Show more
    Explore related topics: economy, spain, europe, madrid, housing, family, eviction
  • 27
    Nov
    2012
    1:42pm, EST

    Ship navigates Arctic ice in hope of breaking open new shipping route

    Dynagas Ltd via EPA

    The liquefied natural gas (LNG) carrier OB River moves through ice in the arctic on Nov. 14.

    European Pressphoto Agency -- The Ob River, a ship carrying liquefied natural gas, left Norway in November and has sailed north of Russia on its way to Japan. The specially equipped tanker is due to arrive in early December and will shave 20 days off the regular journey. If this trip is successful, it would be the first ship of its type to sail across the Arctic.

    According to the BBC, changing ice conditions and a strong increase in the use of shale gas from the United States make the route attractive.

    Editor's note: European Pressphoto Agency made these photos available to NBC News on Nov. 27.

    DYNAGAS Ltd via EPA

    The LNG carrier OB River moves through ice in the arctic on Nov. 14.

    DYNAGAS Ltd via EPA

    The LNG carrier OB River moves through ice in the arctic on Oct. 8.

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    Comment

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    Explore related topics: boat, economy, natural-gas, environment, ship, arctic
  • 26
    Nov
    2012
    3:39pm, EST

    Dairy farmers spill milk in a cry against low prices

    Geert Vanden Wijngaert / AP

    Police officers are sprayed with milk by European milk farmers during a demonstration outside the European Parliament in Brussels on Nov. 26.

    John Thys / AFP - Getty Images

    A dairy farmers holds a hose spraying milk at a protest against EU agricultural policies at the Place du Luxembourg, near the European Parliament, in Brussels, on Nov. 26.

    Yves Herman / Reuters

    A riot police is seen covered in milk as farmers dump milk on the European Parliament during a demonstration in Brussels on Nov. 26.

    Reuters -- Dairy farmers sprayed thousands of gallons of fresh milk at the European Parliament in Brussels on Monday in protest at what they say are excessive milk quotas and prices below the cost of production.

    Hundreds of farmers and tractors from across Europe took up position in a park near the European Commission and a square in front of the parliament in the early afternoon, after blocking traffic along several of Brussels' busiest streets.

    They then turned their hoses on parliament, a collection of vast marble, glass and steel buildings on a Brussels square, and unleashed torrents of milk, some of it raining down on police and passers-by.

    Afterwards they set alight barrels of hay and a pile of tires, sending plumes of black smoke billowing into the sky. They plan to stay put outside parliament until Tuesday afternoon.

    The European Milk Board, which coordinated the two-day protest, said prices with current quotas were putting small farmers out of business. In Belgium, for example, the board said the wholesale price for a quarter gallon of milk was around 34 cents, but the cost of producing it is more than 50 cents. Continue reading.

    Julien Warnand / EPA

    Farmers spray milk at riot police during a demonstration on the 'Place du Luxembourg' near the European parliament building in Brussels, Belgium, on Nov. 26.

    Yves Herman / Reuters

    European milk producers demonstrate outside the European Parliament in Brussels on Nov. 26.

    Yves Herman / Reuters

    Farmers stand among hundreds of tractors during a demonstration in central Brussels on Nov. 26.

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    11 comments

    What these farmers are stating is, that there life's investment is collapsing due to the low cost of milk. There is nothing funny about some of the post replied on here. How many of these that posted would work 7 days a week without a day off, and next to nothing for a profit. That's not saying anyt …

    Show more
    Explore related topics: economy, belgium, farmers, dairy, protest, milk, agriculture, brussels
  • 20
    Nov
    2012
    5:52pm, EST

    Spanish gypsies watch as their homes of 50 years are demolished

    Susana Vera / Reuters

    Saul Gabarri Valdes, 7, cries amidst the remains of his home after it was demolished at the Spanish gypsy settlement of Puerta de Hierro, on the outskirts of Madrid on Nov. 20.

    Susana Vera / Reuters

    Carmina Gabarri and her husband Victor Valdes watch as a bulldozer demolishes the small school, where they were living at after their own house was demolished, at the Spanish gypsy settlement of Puerta de Hierro, on the outskirts of Madrid on Nov. 20.

    Reuters -- Fifty-four families have been living in the Spanish gypsy settlement of Puerta de Hierro, on the outskirts of Madrid, for over 50 years. Since the summer of 2010, the community on the banks of the Manzanares River has been subject to evictions on the grounds that the dwellings are illegal. Families, whose homes have been demolished, move in with relatives whose houses still remain while the debris keeps piling up around them as more demolitions take place.

    Reuters' photographer Susana Vera has been documenting the demolition of homes in Puerta de Hierro. View before and after photos of the homes and read more about the people who live in the settlement.

    Susana Vera / Reuters

    Teresa Echevarria holds her son Ezequiel next to her daughter Maria, left, as they wait for a bulldozer to demolish two homes on Nov. 20.

    Susana Vera / Reuters

    Members of the Gabarri-Valdes family distribute their belongings to different cars after a bulldozer demolished their home in the Spanish gypsy settlement of Puerta de Hierro, on the outskirts of Madrid on Nov. 20.

    Susana Vera / Reuters

    Saray Armendia uses a broom to sweep outside her caravan after a bulldozer demolished the former school, where her in-laws lived at, in the Spanish gypsy settlement of Puerta de Hierro, on the outskirts of Madrid on Nov. 20.

    24 comments

    We Jews, Native Americans and Others understand well the blood which spills from the tempered steel of Spains pathetic, outlandish and constant brutal attacks upon the most innocent of peoples. I demand that you cease your destruction or I personally will bring upon you a plauge so potent that it wi …

    Show more
    Explore related topics: economy, spain, madrid, world-news, gypsy
  • 14
    Nov
    2012
    10:33am, EST

    Violence erupts at austerity demonstrations across Europe

    Fabio Ferrari / Lapresse via AP

    A police officer fires tear gas as police face demonstrators during a protest against Italian Government austerity measures in Turin, Italy, on Nov. 14. Workers across the European Union sought to present a united front against rampant unemployment and government spending cuts Wednesday with a string of strikes and demonstrations across the region. Protesters clashed with police in various demonstrations in Rome, Milan, Turin, Padua and Brescia.

    Matt Dunham / AP

    Police officers try to push protesters back onto the pavement after they blocked traffic on Oxford Street, London, while taking part in a picket and demonstration they said was over dismissals of 28 workers employed by contractors on the Crossrail transport project, for being trade union members, on Nov. 14. Crossrail, due to start running services in 2018, is a new train line that will include twin-bore 13 mile tunnels under central London and link 37 stations including transport hubs such as Heathrow airport with business districts including the City and Canary Wharf.

    Daniel Ochoa De Olza / AP

    Riot police apprehend a protestor during a general strike in Madrid, Spain, Nov. 14. Spain's General Workers' Union said the nationwide stoppage, the second this year, was being observed by nearly all workers in the automobile, energy, shipbuilding and constructions industries.

    By NBC News staff and wire reports

    Pockets of violence broke out as public demonstrations and strikes over rising unemployment and austerity measures took place in many parts of Europe Wednesday.

    Spanish and Portuguese workers staged a coordinated general strike across the Iberian Peninsula, shutting transport, grounding flights and closing schools to protest against spending cuts and tax hikes.

    International rail services were disrupted by strikes in Belgium and workers in Greece, Italy and France planned work stoppages or demonstrations as part of a "European Day of Action and Solidarity.” Read the full story.

    Related content:

    • Protesters gather in front of Greece's parliament as lawmakers consider austerity measures
    • Is that one vote or three? Daughter raises her hand along with mom during EU vote
    • Anger over Portugal austerity reaches steps of Lisbon parliament
    • Angela Merkel greeted warmly by prime minister, but not by Greeks

    Follow @NBCNewsPictures

    Sign up for the NBCNews.com Photos Newsletter

    Reuters

    A protester holds a stone during clashes with riot police at a students' demonstration against austerity measures in downtown Rome on Nov. 14.

    Alessandro Di Marco / EPA

    Protesters try to burn the flag of the European Union after storming the regional Palace of the Province in Turin, on Nov. 14.

    David Ramos / Getty Images

    Demonstrators set up a barricade of burning tires at the main entrance of Mercabarna, the biggest wholesale market in the city, at the beginning of a 24-hour strike on Nov. 14 in Barcelona, Spain. Spain's trade unions have called for today a general strike, the second of Mariano Rajoy's presidency. Protestors from social movements are expected to join striking public sector workers to demonstrate against austerity cuts, labour reforms and an unemployment rate of 25 percent.

    Philippe Huguen / AFP - Getty Images

    Thousands of people from France and Belgium demonstrate during an anti-austerity protest in Lille on Nov. 14. Trade unions lead nationwide strikes and anti-austerity protests across Europe today.

    Geert Vanden Wijngaert / AP

    Empty tracks at the Brussels South train station on Nov. 14. A 24-hour rail stoppage and scattered strikes through the south of the nation disrupted daily life. Both the Thalys and Eurostar high-speed rail services that connect Brussels with London and Paris were severely disrupted.

    2 comments

    The European Union needs to collapse. It is as popular as colored toilet paper. The people don't want it but its forced down their throats because polticians want to ride the gravy train off the backs of their people. Yet its the same people who keep voting these morons back into office.

    Show more
    Explore related topics: economy, spain, europe, protest, conflict, uk, austerity
  • 12
    Nov
    2012
    7:49pm, EST

    Cuba evolves from its socialist past as private enterprise takes root

    All images by Greg Kahn / Getty Images

    A new independently-owned store sells shirts and jewelry to shoppers in Havana, Cuba, Nov. 12, 2012.

    Greg Kahn, Getty Images — New business regulations in the communist country have allowed thousands of citizens to make money for themselves for the first time since 1959.

    See more images related to Cuba on PhotoBlog

    A market sells dresses and other items in Havana, Cuba, Nov. 12.

    A man works at his shoe repair shop, in the doorway of his home, in Havana, Cuba, Nov. 12.

    Customers try on watches and jewelry in Havana, Cuba, Nov. 12.

    Related Articles:

    • Cuba to try letting workers run state restaurants
    • Lighter restrictions will enable locals to travel to Cuba
    • Stagnant US exports to Cuba belie fair’s optimism

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    •Sign up for the NBCNews.com Photos Newsletter

    2 comments

    "Cuba evolves from its socialist past..." News Flash: Cuba is COMMUNIST!

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    Explore related topics: economy, cuba, americas, world-news, communism
  • 5
    Nov
    2012
    3:43pm, EST

    Family theater struggles to avoid final curtain call in Spain

    Jasper Juinen / Getty Images

    Actress Maria Pastor gets her hair done backstage by her mother Teresa Valentin before 'Tres Anos,' a show set in the 1930's between the two World Wars, at the Teatro Guindalera family theater on Nov. 3 in Madrid, Spain.

    Jasper Juinen / Getty Images

    Actress Maria Pastor rehearses on stage before getting dressed for 'Tres Anos,' a show set in the 1930's between the two World Wars, at the Teatro Guindalera family theater on Nov. 3 in Madrid, Spain.

    Getty Images reports -- Teresa Valentin and her husband Juan Pastor run the small Guindalera theater in Madrid, Spain. Their daughter Maria is the theater's main actress. Before the Spanish crisis, the theater received subsidies through the Caja Madrid cultural program, now part of the Bankia group bailed out by the Spanish government. For two years, the theater has had to survive on its own, without any bank or government subsidies, and the recent nearly three-fold tax hike on theater-ticket sales is not making it easier to survive. With theaters around them closing down, the Teatro Guindalera is surviving for the moment because it is family-run. Juan Pastor, who is also the director, producer and script writer, says he is in doubts whether the theater will still be around next year. Still, he says, "As a poet cannot stop writing poetry, an actor can not stop acting." If he has to stop, Pastor says he would start a theater at home.

    Jasper Juinen / Getty Images

    Teresa Valentin checks the tickets from people arriving for 'Tres Anos' on Nov. 3 in Madrid, Spain.

    Jasper Juinen / Getty Images

    Actors, from left, Maria Pastor, Jose Maya, Jose Bustos, Raul Fernandez and Alicia Gonzalez play in 'Tres Anos', a show set in the 1930's between the two World Wars, at the Teatro Guindalera family theater on Nov. 3 in Madrid, Spain.

    Jasper Juinen / Getty Images

    The public watches as actress Maria Pastor, left, plays alongside Alicia Gonzalez in 'Tres Anos.'

    View more images from Spain on PhotoBlog.

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    Comment

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    Explore related topics: economy, spain, theater, acting
  • 23
    Oct
    2012
    9:47am, EDT

    Vincent Kessler / Reuters

    Italy's Member of the European Parliament Licia Ronzulli with her daughter Victoria takes part in a voting session at the European Parliament in Strasbourg, France on Oct. 23.

    Is that one vote or three? Daughter raises her hand along with mom during EU vote

    The European Parliament, currently debating the EU long-term budget, recently criticized the lack of female candidates for the European Central Bank and has weighed setting gender quotas across the 27-nation region. That vote could come as early as today, according to reports.

    2 comments

    Forza Licia - Ha fatto bene a portare la figlia al convegno!

    Show more
    Explore related topics: economy, european-union, world-news, european-parliament, austerity, eu-vote
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