Borders shares dive on cashflow concerns

Shares in Borders have fallen 15% after the US bookselling group said it would delay payment to some publishers in a bid to preserve cash.

The company has been left short of money after its available credit under existing agreements was cut because the value of its inventories has fallen.

Borders said it was seeking to replace those credit facilities.

But if it failed to do so, the second largest bookseller in the US said it could face a "liquidity shortfall".

Company spokeswoman Mary Davis said that the firm would work with the publishers that supply it with books in order to restructure their payment arrangements।

http://www.bbc.co.uk/news/business-12097769

Australian flooding 'to last weeks'

Devastating flood waters across the Australian state of Queensland may not recede for weeks, the state's Premier Anna Bligh has warned.

More than 20 towns in Queensland have been cut off or flooded, with more than 200,000 people affected.

Military aircraft are flying supplies into Rockhampton, which has been isolated by the still-rising waters।


http://www.bbc.co.uk/news/world-asia-pacific-12107131

2011 goals: Divorce, job and travel

(CNN) -- Quit dating? Get a divorce? Not get upset at idiots?

New Year's resolutions can be very personal or can be the perennial favorites of losing weight or spending less money.

http://edition.cnn.com/2011/LIVING/01/01/resolutions.ireporters/index.html?hpt=C1

Napolitano: U.S. committed to combating terror threats in Afghanistan

Kabul, Afghanistan (CNN) -- The United States has made "significant progress" in combating terrorist threats to the border region of Afghanistan and Pakistan, Homeland Security Secretary Janet Napolitano said Saturday after meeting with the Afghan president and the minister of finance.

Napolitano is in Afghanistan to discuss progress made in securing the region.

"The Obama administration remains fully committed to combating threats of terrorism in Afghanistan," Napolitano said in a statement released Saturday।
http://edition.cnn.com/2011/WORLD/asiapcf/01/01/afghanistan.napolitano/index.html

Sudan delegation to leave Darfur peace talks

government delegation plans to leave peace talks with rebels from the country's western Darfur region Friday, the country's official news agency reported.

The presidential advisor in charge of the talks for the government, however, said the departure does not mean the government is withdrawing from the talks, which have been taking place in Doha, Qatar।

http://edition.cnn.com/2010/WORLD/africa/12/31/sudan.darfur.peace.talks/index.html

Base bails on Democrats in droves

The once-dominant party holds 85 of 236 seats in the House and Senate, Democrats’ lowest ebb since Reconstruction. And the number has been slipping.

Since the November election when the party lost control of all statewide offices, nine Democratic legislators have become Republicans, including Athens Rep। Doug McKillip, who switched less than a month after his colleagues elected him chairman of the House Democrats.


http://www.ajc.com/news/georgia-politics-elections/base-bails-on-democrats-792627.html