World News Briefs -- December 22, 2009 (Eveining Edition)


Billions In Profits Made During The Panic -- Yahoo Finance

In this comeback year for investors, David Tepper may have scored one of the biggest paydays of all.

Mr. Tepper's hedge-fund firm has racked up about $7 billion of profit so far this year—with Mr. Tepper on track to earn more than $2.5 billion for himself, according to people familiar with the matter. That is among the largest one-year takes in recent years.

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MIDDLE EAST

Abbas says Palestinians won't rise up, for now.

Ahmadinejad dismisses US deadline for nuclear deal. US warns Iran to meet nuclear deadline.

Iran says Iraq border incident a "misunderstanding".

Ayatollah's death stirs Iranian opposition to bitter protests.

Egypt's Muslim Brotherhood: widening split between young and old.

Israel conveys response on prisoner swap to Hamas.

Houthi rebels say 54 killed in north Yemen air strike.

ASIA

Japan sets May deadline to resolve US base dispute.

China to require Internet domain name registration.

China and Taiwan agree deals on trade. Protesters burn flag as Taiwan and China sign deals.

Trouble on streets reflects Nepal's post-war paralysis.

Japan govt approves tax plan amid debt worries.

AFRICA

Mbeki reports to Security Council on Darfur.

Ethiopia death sentences over assassination plot.

Sudan passes security law despite protests.

UN: Guinea military junta leader Camara responsible for massacre.

Zimbabwe politicians reach breakthrough.

EUROPE

Russia, U.S. plan unprecedented nuclear cut: Lavrov.

Prince William spends night on London streets.

E.U. blames others for ‘great failure’ on climate.

Eurostar starts to bring angry passengers home. Subzero temperatures batter Europe.

Move over NATO: Russia pushes new security treaty for Europe.

Polish police probe foreign link in Auschwitz theft.

Serbia's Tadic to submit EU membership application.

AMERICAS

Dems, White House predict success on health care.

Mexico City legalizes gay marriage.

Drug violence leaves 23 dead in northern Mexico.

Colombian provincial governor abducted by suspected Farc rebels.

Colombia to Chavez: Maybe 'spy plane' was Santa.

Colombia beefs up forces on border with Venezuela.

TERRORISM/THE LONG WAR

Jihadists mourn mother of top Al-Qaeda leader.

Lockerbie Bomber's family reject deteriorating health report. Lockerbie bombing families find 21-year anniversary a tough one.

Panel: Lithuanian security approved CIA prisons. More here.

ECONOMY/FINANCE/BUSINESS

US third-quarter growth revised down to 2.2 percent.

Banks with political ties got U.S. bailouts, study shows.

Recovery on track to strengthen at end of 2009.

OPEC holds output steady.

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