News Headlines - 03 March 2013

▽Video: Al-Qaeda commander Mokhtar Belmokhtar 'killed in Mali' - Telegraph

Chadian army spokesman General Zacharia Gobongue says Mokhtar Belmokhtar, who masterminded an attack on a gas plant in Algeria in January, has been killed in Mali.

▽US faces huge job losses as Obama orders $85bn cuts | The Observer

The hardest-hit part of the government will be the Pentagon, which has to make $40bn of cuts between now and September – about 9% of its budget. Defence chiefs have already said that the move will delay deployments – such as a recent move of an aircraft carrier to the Gulf – and hurt national security. But almost every government department, from aviation to the park service, will be hit, with cuts amounting to about 5% of their overall budgets. Only Medicaid and welfare benefits such as food stamps are exempted.

▽EU banker pay cap 'threatens thousands of British jobs' - Telegraph

The Government signalled its growing anger over European Union plans to impose a cap on pay for bankers this weekend when a senior minister with close ties to the Chancellor said that hundreds of thousands of British jobs were being put at risk.

▽Apple iWatch 'at least three years away' - Telegraph

A wearable version of the iPhone - or iWatch, as everyone is already calling it - is at least three years away, according to one of Apple's suppliers.

▽Japan looks to film business for help processing 2011 tsunami and nuclear disaster - The Denver Post

Such scenes fill the flurry of independent films inspired by Japan's March 2011 nuclear catastrophe that tell stories of regular people who became overnight victims — stories the creators feel are being ignored by mainstream media and often silenced by the authorities. Nearly two years after the quake and tsunami disaster, the films are an attempt by the creative minds of Japan's movie industry not only to confront the horrors of the worst nuclear disaster since Chernobyl, but also to empower and serve as a legacy for the victims by telling their stories for international audiences.