International Business Times

IEA Lowers Forecast For Oil Demand For Third Consecutive Month Due To Weakest European Activity Since 1980s

msingleton — Thu, 11 Apr 2013 20:53:58 +0000

Weak demand for crude oil and pessimism about the global economic outlook caused the International Energy Agency (IEA) to reduce its forecasts for global oil demand in 2013 for a third consecutive month.

The IEA released its April Oil Market Report (OMR) on Thursday. The report highlighted the significant supply risks that continue to threaten the market. It cut expectations for oil demand growth to 795,000 barrels a day from the previous forecast of 820,000 barrels a day that was made last month.

Florida Man Anthony David Mister Jailed On $14M Bond For Child Porn; Flash Drives Contained More Than 600 Images Of Children

Zoe Mintz — Thu, 11 Apr 2013 18:29:37 +0000

A Florida man has been jailed on $14 million bond after hundreds of child porn images were found on his work computer.

Anthony David Mister, 39, of Titusville, Fla., was arrested after police discovered two flash drives from an Aamco auto shop containing more than 600 images of children as young as 2 years old engaged in sexual acts, WFTV reports.

Uruguay Legalizes Gay Marriage, Becomes 12th Nation To Do So [VIDEO]

JR Tungol — Thu, 11 Apr 2013 16:17:51 +0000

Same-sex marriage has become law in Uruguay, making the country the third to do so in the Americas after Canada and Argentina.

Uruguay’s Congress overwhelmingly approved the law Wednesday, with 71 of the 92 members of the Chamber of Deputies in support, and President Jose Mujica will sign it within 10 days.

Alexander Heit Death: Parents Share Son's Fatal Text Message To Warn Others About Distracted Driving [PHOTO]

Zoe Mintz — Thu, 11 Apr 2013 16:13:41 +0000

Photo: Greeley Police Department Parents that recently lost their son in a fatal car crash, shares his final text message to warn others about the dangers of texting while driving.

Anonymous Claims To Have Identified Rehtaeh Parsons’ Alleged Rapists, Launches #OpJustice4Rehtaeh

j.heller — Thu, 11 Apr 2013 14:50:04 +0000

The hacktivist collective Anonymous has threatened to identify the four men who allegedly gang-raped Nova Scotia high school student Rehtaeh Parsons, a week after she committed suicide.

Jay-Z Open Letter: Listen To Rapper Jay-Z's New Song About Cuba Trip, Sports Management Agency [AUDIO]

Thomas Barrabi — Thu, 11 Apr 2013 14:18:43 +0000

Emerging business mogul Jay-Z is back to doing what made him famous in the first place.

The rapper’s new song, titled “Open Letter,” addresses his controversial trip to Cuba with wife Beyoncé, as well his rumored decision to sell his stake in the Brooklyn Nets in order to pursue his own sports management company.

In the song, Jay-Z attacks the politicians who questioned the legality of his trip to Cuba with several biting verses.

"Politicians never did s--- for me/except lie to me, distort history," he says, adding that he “turned Havana into Atlanta.”

Maria Carreiro: Canadian Grandmother Wins $40M, Not $40K In Lottery, Misread Winning Ticket And Bursts Into Happy Dance [PHOTO, VIDEO]

Zoe Mintz — Thu, 11 Apr 2013 13:09:42 +0000

Photo: YouTube Maria Carreiro, a Toronto resident, originally thought she won $40,000 in the lottery before discovering she won a figure 1,000 times that amount.

Barbie Chihuahua: New Mexican ‘Dolls Of The World’ Barbie Carries Passport, Sparks Outrage

j.heller — Thu, 11 Apr 2013 13:06:22 +0000

A new Mexican Barbie in Mattel’s “Dolls of the World” series has sparked outrage for what opponents argue is an offensive depiction of Mexican culture.

2013 Hurricane Forecast Is A Doozy, But These Summer Travel Tips Can Help

johansmw — Thu, 11 Apr 2013 09:55:30 +0000

If Superstorm Sandy was any indication, the Atlantic hurricane season is anything but predictable. But that doesn’t stop a team of meteorologists at Colorado State University from dreaming up a forecast each year.

Prospective beachgoers, coastal residents and vacation home owners may not like what Bill Gray and Phil Klotzbach had to say in their initial numerical prediction for the 2013 season, released Wednesday.

Fox Cable Threat: Aereo One Of Many Legal Disputes Over Livestreaming

Zoe Mintz — Thu, 11 Apr 2013 04:25:58 +0000

Few had heard about Aereo Inc. before a legal dispute involving the small startup and Fox pushed Rupert Murdoch’s network to consider becoming a cable channel.

Aereo Inc. transmits broadcast signals for free using tiny antennas and shares them with subscribers on the Internet, AP reports. Fox argues that the service is “stealing” its signal and is demanding compensation for its content.