First, I am not surprised that the size of the loss has turned out to be 15% greater than UBS first estimated - because selling or hedging big trading positions in a hurry, as UBS had to do on Friday, is always expensive.

BBC: The how but not why of UBS's losing bets

Neither India nor Pakistan is in a hurry to fulfil its promise to allow Kashmiris to visit their families and do relief work on the other side.

ECONOMIST: A race against winter | The

So if Obama intends to do something on immigration reform, he had better hurry.

CNN: Commentary: Time for immigration reform is now