National / International News

VIDEO: Tom Cruise on Edge of Tomorrow

BBC - Mon, 2014-05-26 22:55
The BBC's Sally Nugent spoke to Tom Cruise and his co-star, Emily Blunt about their new sci-fi film, Edge of Tomorrow

Celebrity name ban plan for streets

BBC - Mon, 2014-05-26 22:34
Celebrities may no longer have streets or public buildings named after them in Denbighshire due to fears over possible scandals in the future.

What the heck does ETF stand for? An explainer

Marketplace - American Public Media - Mon, 2014-05-26 22:32

Anyone can invest in exchange-traded funds. That's the beauty of them: they're dead simple in concept and dead easy to use.

But they're also like matches: they're so simple that a toddler can use them, and there's a real risk of getting burned.

I'm not saying that retail investors who buy ETFs are toddlers – although, let's be honest, most of us could use some supervision or advice when we make investment decisions – but I do think many investors are lulled into a false sense of security by the apparent simplicity of the ETF model.

Part of the problem is that ETFs look a lot like one of the most easily understood investments out there: the company share.

Just like a company share, an ETF is listed on an exchange; just like a company share, the ETF rises and falls depending on investors view of the fund; and just like a company share, you can trade in and out of an ETF any time.

But just because they look easy to understand, doesn't mean they are. ETFs are often a lot more complicated than company shares. For one thing, as Forbes columnist Rick Ferri points out, there are several kinds of ETFs. Depending on how your ETF is structured, you may be taking on a lot more risk than you think you are, and you may be treated differently by the taxman.

And ETFs can go into some dangerous territory.

One of the great lures of ETF investing to retail investors is our ability to gain exposure to a market that would otherwise be closed to us, or at least difficult to access. ETFs allow us to make bets on commodities like gold and palladium without having to buy the actual product or leave the comfort of our den.

They also allow us to wager on the health of corporations via the credit derivatives market. That's right, the kind of wildly complicated investment that helped drag the financial system to its knees is now open to you and I via the magic of ETFs.

Most normal people have no idea how a credit default swap works. So, for most of us, investing in an ETF of CDS is highly risky. It's true that most people won't invest in this kind of fund – the letters CDS will probably have the same effect on retail investors as a sign that says "Warning! Land mines!" – but the same rules apply for all ETFs: if you don't understand the stuff that's in the fund, you'd be wise not to buy the shares.

After all, if you have no idea what you're investing in, you're a whole lot more likely to get burned.

Child arrests down 59% in five years

BBC - Mon, 2014-05-26 22:13
Child arrests in Wales fall by almost 60% in the past five years, new figures show.

Military Plans To Test Brain Implants To Fight Mental Disorders

NPR News - Mon, 2014-05-26 22:07

The research project would place electronic devices in the brain in an attempt to combat post-traumatic stress, depression and other problems that have plagued many veterans of Iraq and Afghanistan.

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Pfizer Drops $119 Billion Bid For AstraZeneca

NPR News - Mon, 2014-05-26 21:36

Pharmaceutical giant Pfizer has been circling its smaller rival for months. AstraZeneca has rejected every offer saying Pfizer undervalues the company, and that it wants to remain independent.

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Sam Smith in first live music TV ad

BBC - Mon, 2014-05-26 21:31
The singer will take over an entire three and a half minute advert break on Channel 4 and transmit a live music performance.

Young drivers 'more likely to crash'

BBC - Mon, 2014-05-26 21:26
Young drivers are "disproportionately" involved in car accidents where someone is injured or killed, new figures from the RAC Foundation suggest.

Salmond sets out independence vision

BBC - Mon, 2014-05-26 21:22
Scotland would become independent "in more promising circumstances than virtually any nation in history", the first minister is to say.

Man 'had no bathing facilities'

BBC - Mon, 2014-05-26 21:00
A vulnerable Plymouth man was without bathing facilities for six months because care providers failed to monitor him, say two ombudsmen.

Vietnam boat sinks after collision

BBC - Mon, 2014-05-26 20:55
A Vietnamese fishing boat sinks after colliding with a Chinese vessel near a controversial oil rig in the South China Sea, amid ongoing tensions.

Election contrasts and flooding - the papers

BBC - Mon, 2014-05-26 20:36
The papers take the chance to contrast the electoral cheer of Nigel Farage with the gloom of Nick Clegg - along with the weather.

Japan police probe body sent by mail

BBC - Mon, 2014-05-26 20:22
Japanese murder detectives investigate the case of a young woman whose corpse was posted across Japan, labelled as a doll.

Colossal peat bog discovered in Congo

BBC - Mon, 2014-05-26 20:07
A huge area of peatland is discovered in a remote part of Congo-Brazzaville, scientists report.

A Simple, Elegant Invention That Draws Water From Air

NPR News - Mon, 2014-05-26 18:06

The WarkaWater is shaped like a vase and looks like an art exhibit. By gathering condensation, it's providing water to Ethiopian villages and could be a solution for thirsty communities worldwide.

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China to scrap millions of cars

BBC - Mon, 2014-05-26 17:28
China will remove six million vehicles that do not meet exhaust emission standards by the end of the year in order to improve air quality.

VIDEO: Sony forms PlayStation venture in China

BBC - Mon, 2014-05-26 17:23
Sony has signed a partnership to set up a PlayStation console manufacturing plant in China.

Surrey's mining mystery

BBC - Mon, 2014-05-26 16:48
Why are there so many miners in Spelthorne in Surrey?

Parental jobs tips 'out of date'

BBC - Mon, 2014-05-26 16:27
Parents play a key role in their children's career decisions, but their views are often out of date and badly informed, suggests a report.

VIDEO: Thailand military to pay rice farmers

BBC - Mon, 2014-05-26 16:21
Thailand's coup leaders have been quick to say they will focus on fixing the country's economic problems.
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