PRESS DIGEST- Financial Times - March 13
March 13 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
Higher-rate taxpayers bear heaviest burden
US to release oil from strategic reserve
Google gives UK 'super flagger' status to raise YouTube concerns
Herbalife hit by U.S. 'pyramid scheme' probe
Malaysia struggles to manage crisis after flight's disappearance
Two-thirds of this year's income tax in Britain will be paid by one in 10 adults as George Osborne leans heavily on Britain's highest earners, fuelling a debate over whether Wednesday's Budget should extend some help to higher-rate taxpayers.
The United States has announced its first "test" sale of oil from its strategic petroleum reserve since Iraq invaded Kuwait in 1990, describing the planned release as intended "to appropriately assess the system's capabilities in the event of a disruption".
British security officials have been given special access by Google to YouTube video site to have content instantly screened if they think it threatens national security.
Multi-level marketing company Herbalife's trading practises will be investigated by the U.S. Federal Trade Commission over claims that it is a "pyramid scheme".
As the search for the missing Malaysia Airlines flight MH370 drags on, aviation experts, frustrated relatives of those aboard and China allege that communications over the search have been slow, information contradictory and co-ordination patchy.
- Seven NATO allies to create new rapid reaction force-report
- Ukraine seeks to join NATO; defiant Putin compares Kiev to Nazis |
- U.S. authorities investigate suspected threat against Obama: reports
- Putin says Russia must strengthen its economic, military position in Arctic
- California passes plastic bag ban, would be first such law in U.S