News Headlines - 02 October 2011

▽Greece To Miss Deficit Goal, Cabinet Okays Job Cuts - Wall Street Journal
Greece's government acknowledged Sunday that it will miss its deficit targets this year, but moved ahead with a controversial plan to slash thousands of public sector jobs to meet the demands of its international creditors.

▽Bank of England is expected to steam on with quantitative easing programme - This is Money
The Bank of England’s Monetary Policy Committee is expected to vote on Thursday to pump another £50bn into the ailing UK economy, expanding the stock of the quantitative easing programme to £250bn since it began buying assets in March 2009.

▽Police Arrest More Than 700 Protesters on Brooklyn Bridge - New York Times
In a tense showdown above the East River, the police arrested more than 700 demonstrators from the Occupy Wall Street protests who took to the roadway as they tried to cross the Brooklyn Bridge on Saturday afternoon.

▽Nobel prizes: Asian scientists set to topple America's run of wins - The Guardian
American scientists will again sweep the majority of Nobel prizes at this week's award announcements in Sweden, analysts have predicted. But they have also warned this dominance may soon come to end.

▽Older iPhone sales to increase up to 70% with iPhone 5 launch - T3 http://www.t3.com/news/older-iphone-sales-to-increase-up-to-70-with-iphone-5-launch
With the iPhone 5 expected to launch on October 4, sales of older iPhone models are expected to increase up to 70%, according to eBay, the online auction site.







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