Iran faces oil revenue problem

By John Defterios, CNNJanuary 8, 2013 -- Updated 1535 GMT (2335 HKT)With elections in June, it remains unclear how energy policy will evolve after President Mahmoud Ahmadinejad's eraSTORY HIGHLIGHTSThe IEA has suggested Iraq surpassed Iran in output for the first time in over 20 yearsThe Iranian people are faced with spiralling inflation and job layoffs within the state sectorIranian oil revenues...

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Euro unemployment hits 'unacceptable' high

BRUSSELS: European unemployment has hit an unacceptable high, as one national leader put it on Tuesday, with dire figures in Spain highlighting a growing north-south divide that experts warn will only get worse.The unemployment rate across the troubled 17-nation eurozone hit 11.8 per cent in November, up from 11.7 per cent in October, with the number of people out of work in the single...

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30 shots in 27 seconds

STORY HIGHLIGHTSNEW: ATF agent: Holmes bought 6,295 rounds of ammunition, four guns beginning in MayBomb technician testifies about materials designed to set fire inside suspect's apartmentPolice also play 911 calls from the July 20 shooting rampageThe details come on the second day of suspect James Holmes' preliminary hearingCentennial, Colorado (CNN) -- The recording is loud, chaotic and difficult...

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FBI: Booby trap at Holmes' Aurora home had napalm

Updated at 2:36 p.m. ET CENTENNIAL, Colo. An elaborate booby trap system allegedly set up to pull police away from the Colorado theater shooting included improvised napalm and thermite, which burns so hot that water can't put out the blaze. FBI bomb technician Garrett Gumbinner described the system Tuesday at a hearing in which prosecutors laid out their case against suspected gunman James Holmes....

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James Holmes' Elaborate Booby Trap Plan Revealed

A gasoline-soaked carpet, loud music and a remote control car were part of an elaborate plan by accused Aurora gunman James Holmes' to trick someone into triggering a blast that would destroy his apartment and lure police to the explosion while he shot up a movie theater in Aurora, Colo., according to court testimony today.FBI agent Garrett Gumbinner told a Colorado court about...

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Many French aghast at Depardieu exit

STORY HIGHLIGHTSRussian President Vladimir Putin has bestowed Russian citizenship on actor Gérard DepardieuFor Depardieu, a public war of words erupted, with many in France disgusted by his moveDepardieu more than anyone, represents the Gallic spirit, says Agnes PoirierMajority of French people disapprove of his action but can't help loving him, she addsAgnes Poirier is a French journalist and political...

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Colorado gunman 'relaxed' after theatre massacre

CENTENNIAL: The alleged gunman behind the Colorado theatre shooting was relaxed and cooperative when arrested after the massacre which killed 12 people, an officer told a court hearing Monday.James Holmes, who was wearing body armour and a mask, told police his name and volunteered that there were improvised explosive devices rigged up in his apartment, when detained after the shooting...

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Obama: Hagel is the leader our troops deserve

Chuck Hagel's military, government careerChuck Hagel's military, government careerChuck Hagel's military, government careerChuck Hagel's military, government careerChuck Hagel's military and government careerChuck Hagel's military, government careerChuck Hagel's military and government careerChuck Hagel's military, government careerChuck Hagel's military, government careerChuck Hagel's military and...

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Vitter: Harry Reid "an idiot" for Katrina comments

Sen. David Vitter, R-La, took to Twitter to slam Senate Majority Leader Harry Reid, D-Nev., for comments he made comparing Hurricane Katrina victims to superstorm Sandy victims. "Sadly, Harry Reid has again revealed himself to be an idiot, this time gravely insulting Gulf Coast residents," Vitter wrote today. He's referring to comments Reid made on the floor of the Senate Friday where expressed...

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Accused Shooter Was 'Relaxed' After Massacre

Accused movie theater gunman James Holmes was "relaxed" and "detached" when police confronted him just moments after he had allegedly killed 12 people and wounded dozens more in the Aurora, Colo., massacre, a police officer testified today.A preliminary hearing for Holmes began today in Colorado, with victims and families present. One family member likened attending the hearing...

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