News Headlines - 16 February 2013

BBC News - Mixed reaction to yen's sharp decline

A weakening currency is seen by many as key to reviving growth in Japan's sluggish economy. However, some analysts have been critical of Japan's policy stance, which has led to the yen's recent drop, saying that it may prompt a so-called currency war.

Cable demands rethink on Funding for Lending scheme - Telegraph

Vince Cable has called for the Bank of England to conduct a review of its flagship £80bn lending scheme over fears that it is failing to improve the flow of funding to credit-starved small companies.

North Korea not a nuclear threat to U.S. yet, scientist says - Los Angeles Times

The country is years away from being able to hit the U.S. despite its recent test, says Siegfried Hecker, who has visited its facilities.

Facebook admits it was victim of hackers - FT.com

Facebook has admitted it was targeted by hackers two weeks after Twitter revealed it had experienced a similar security breach. Facebook said it discovered the attack last month, when several employee laptops running Java software were infected with malware. Oracle, which owns Java, issued a fix to Facebook and other companies on February 1.

Nasa scientists plan Europa Clipper mission to Jupiter moon | The Guardian

Nasa scientists have drawn up plans for a mission that could look for life on Europa, a moon of Jupiter that is covered in vast oceans of water under a thick layer of ice. The Europa Clipper would be the first dedicated mission to the waterworld moon, if it gets approval for funding from Nasa. The project is set to cost $2bn.








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