Monday, July 4, 2011

Daily News Digest: Reuters News Headlines - Yahoo! News

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Monday, July 4, 2011 12:00 AM PDT
Today's Reuters News Headlines - Yahoo! News:
Greece needs Herculean reforms to secure bailout
Sun,3 Jul 2011 03:20 PM PDT
Reuters -

photoATHENS (Reuters) - Greece is set for an uphill struggle this week launching sell-offs and tax system reforms to meet European Union and IMF conditions for bailing it out.


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Thaksin sister prepares to lead Thailand after stunning win
Sun,3 Jul 2011 06:54 PM PDT
Reuters -

photoBANGKOK (Reuters) - Thai opposition leader Yingluck Shinawatra, a political newcomer, prepared to lead her country after a stunning weekend election victory but huge challenges lie ahead, including how quickly to bring home her brother, exiled ex-premier Thaksin.


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Casey Anthony murder case may go to jury Monday
Sun,3 Jul 2011 06:43 PM PDT
Reuters -

photoORLANDO, Fla (Reuters) - Tired jurors in the trial of Casey Anthony accused of killing her daughter Caylee decided to rest overnight on Sunday before hearing prosecutors' final arguments and beginning deliberations on Independence Day.


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Exxon Mobil says oil leaked into Yellowstone River
Sun,3 Jul 2011 04:40 PM PDT
Reuters -

photoNEW YORK (Reuters) - A pipeline operated by Exxon Mobil Corp leaked as many as 1,000 barrels of crude oil into the Yellowstone River in Montana and has been shut down, the company said.


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Banks cutting principal on some mortgages: report
Sun,3 Jul 2011 02:54 PM PDT
Reuters - NEW YORK (Reuters) - Bank of America Corp and JPMorgan Chase & Co have started modifying tens of thousands of mortgages where the banks deem the loans especially risky, even if the borrowers have not asked, the New York Times reported on Sunday. Full Story1
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French Socialist party head calls for calm amid DSK affair
Sun,3 Jul 2011 11:48 PM PDT
Reuters -

photoPARIS (Reuters) - The head of France's Socialists urged calm in the party on Sunday as speculation over the political future of former IMF chief Dominique Strauss-Kahn grew, threatening preparations for the left's 2012 challenge to President Nicolas Sarkozy.


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Afghan drawdown may hurt battle for east: McCain
Sun,3 Jul 2011 11:46 PM PDT
Reuters -

photoKABUL (Reuters) - President Barack Obama's decision to bring troops home from Afghanistan faster than the military recommended could jeopardize the next major push of the war, to unseat insurgents in the east, Senator John McCain said on Sunday.


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Gaddafi can stay in Libya if he quits: rebel chief
Sun,3 Jul 2011 04:27 PM PDT
Reuters -

photoBENGHAZI, Libya (Reuters) - Muammar Gaddafi is welcome to live out his retirement inside Libya as long as he gives up all power, Libya's rebel chief said in the clearest concession the rebels have so far offered.


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Huge rare earth deposits found in Pacific: Japan experts
Sun,3 Jul 2011 08:46 PM PDT
Reuters - TOKYO (Reuters) - Vast deposits of rare earth minerals, crucial in making high-tech electronics products, have been found on the floor of the Pacific Ocean and can be readily extracted, Japanese scientists said on Monday. Full Story1
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Evidence "increasingly against" phone cancer risk
Sun,3 Jul 2011 11:33 PM PDT
Reuters -

photoLONDON (Reuters) - Despite a recent move to classify mobile phones as possibly carcinogenic, the scientific evidence increasingly points away from a link between their use and brain tumors, according to a new study on Saturday.


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Afghan drawdown may hurt battle for east: McCain
Sun,3 Jul 2011 03:05 PM PDT
Reuters -

photoKABUL (Reuters) - President Barack Obama's decision to bring troops home from Afghanistan faster than the military recommended could jeopardize the next major push of the war, to unseat insurgents in the east, U.S. senator John McCain said on Sunday.


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Top dog Djokovic living the dream
Sun,3 Jul 2011 01:07 PM PDT
Reuters -

photoLONDON (Reuters) - Twelve years after leaving home with a racket bag full of dreams Novak Djokovic saw two of them come true in three remarkable days at Wimbledon, culminating in an emphatic victory over Rafa Nadal in the men's singles final on Sunday.


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Euro zone warns Greeks on sovereignty and privatization
Sun,3 Jul 2011 07:35 AM PDT
Reuters -

photoBRUSSELS/BERLIN (Reuters) - Euro zone finance ministers have approved a 12 billion euro ($17.4 billion) installment of Greece's bailout, but signaled that the nation must expect significant losses of sovereignty and jobs.


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Thaksin party wins Thai election by a landslide
Sun,3 Jul 2011 02:51 PM PDT
Reuters -

photoBANGKOK (Reuters) - Thailand's opposition won a landslide election victory on Sunday, led by the sister of former Thai prime minister Thaksin Shinawatra in a triumph for red-shirt protesters who clashed with the army last year.


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Casey Anthony murder trial nears conclusion
Sun,3 Jul 2011 03:52 PM PDT
Reuters -

photoORLANDO, Fla (Reuters) - The murder trial of Casey Anthony barreled toward a close on Sunday, with an angry judge reprimanding feuding lawyers and promising to throw them out of the courtroom for any more inappropriate behavior.


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Saleh clings to power while unrest rises in south
Sun,3 Jul 2011 08:47 AM PDT
Reuters -

photoRIYADH/SANAA (Reuters) - Yemen's president, in hospital in Riyadh, will not cede power until he returns to oversee a transition, a Yemeni cabinet official said Sunday, extending a period of political limbo.


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Chavez supporters rally and pray for "comandante"
Sun,3 Jul 2011 11:10 AM PDT
Reuters -

photoCARACAS (Reuters) - Venezuelan President Hugo Chavez's supporters rallied and prayed on Sunday for the speedy recovery of a man whose cancer has rattled the country he has dominated for more than a decade.


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Mexico's former ruling party set to win state votes
Sun,3 Jul 2011 12:45 PM PDT
Reuters -

photoTOLUCA, Mexico (Reuters) - Mexicans voted for new governors in three states on Sunday in races slated to be big wins for the main opposition party and a blow to President Felipe Calderon ahead of next year's presidential election.


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Witness: Practice key to risky, high-speed shuttle landing
Sun,3 Jul 2011 08:14 AM PDT
Reuters -

photoCAPE CANAVERAL, Florida (Reuters) - I have watched as space shuttles nosedive toward the runway more than 100 times, knowing that there are no engines available to carry them back into the sky if something goes wrong.


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Exxon Mobil says oil leaked into Yellowstone River
Sun,3 Jul 2011 10:31 AM PDT
Reuters - NEW YORK (Reuters) - A pipeline operated by Exxon Mobil Corp leaked as many as 1,000 barrels of crude oil into the Yellowstone River in Montana and has been shut down, the company said. Full Story1
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Florida divers find new treasure from famed wreck
Sun,3 Jul 2011 08:10 AM PDT
Reuters - KEY WEST, Florida (Reuters) - Divers in the Florida Keys have recovered a large emerald ring and two silver spoons believed to come from Nuestra Senora de Atocha, a shipwrecked Spanish galleon that has already yielded one of the greatest treasures ever recovered from the sea. Full Story1
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Mladic to boycott war crimes court
Sun,3 Jul 2011 03:14 PM PDT
Reuters -

photoTHE HAGUE (Reuters) - Former Bosnian Serb army chief Ratko Mladic plans to boycott the U.N. war crimes court on Monday, when he is scheduled to enter a plea against charges of genocide during the Bosnian war.


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UBS reviewing goals in tough conditions: report
Sun,3 Jul 2011 04:57 AM PDT
Reuters -

photoZURICH (Reuters) - Switzerland's UBS is still facing difficult market conditions after a tough second quarter and is reviewing its mid-term goals, the bank's chairman was quoted as saying on Sunday.


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French leftists want Strauss-Kahn return to politics: poll
Sun,3 Jul 2011 04:27 AM PDT
Reuters -

photoPARIS, July 3 - Sixty percent of left-leaning French voters want former IMF chief Dominique Strauss-Kahn, whose high-profile trial on sexual assault charges could now collapse, to return to French politics, a poll released on Sunday showed.


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Syrian tanks deploy at Hama after large protest
Sun,3 Jul 2011 04:46 AM PDT
Reuters - AMMAN, Jul (Reuters) - Syrian tanks have deployed at the entrances to the city of Hama, activists and residents said on Sunday, two days after it saw the largest protest against President Bashar al-Assad since an uprising began three months ago. Full Story1
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Japan officials draw up Tepco breakup plan: report
Sat,2 Jul 2011 08:30 PM PDT
Reuters -

photoTOKYO (Reuters) - A group of Japanese government heavyweights have written a secret proposal to break up Tokyo Electric Power Co and nationalise its nuclear operations, a newspaper said on Sunday.


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Greek sovereignty to be massively limited: Juncker
Sun,3 Jul 2011 05:07 AM PDT
Reuters -

photoBERLIN (Reuters) - Greece faces severe restrictions on its sovereignty and must privatize state assets on a scale similar to the sell off of East German firms in the 1990s after communism fell, Eurogroup chairman Jean-Claude Juncker said.


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Minnesotans frustrated, angry over state government shutdown
Sat,2 Jul 2011 12:19 PM PDT
Reuters -

photo(Warning: Use of strong language in paragraph 3)


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Obama says ending tax breaks required to cut deficit
Sat,2 Jul 2011 10:33 AM PDT
Reuters -

photoWASHINGTON (Reuters) - President Barack Obama pressed his case on Saturday for achieving deficit reduction, in part by ending tax breaks and singling out hedge fund managers, oil companies and billionaires to take the hit.


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Euro zone approves further $17.4 billion for Greece
Sat,2 Jul 2011 06:18 PM PDT
Reuters -

photoBRUSSELS (Reuters) - Euro zone finance ministers agreed on Saturday to disburse a further 12 billion euros ($17.4 billion) to Greece and said the details of a second aid package for Athens would be finalised by mid-September.


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Los Alamos residents return as evacuation lifted
Sun,3 Jul 2011 12:51 PM PDT
Reuters -

photoSanta Fe, New Mexico (Reuters) - Evacuation orders were lifted on Sunday over 10,000 residents of Los Alamos displaced by the largest wildfire in New Mexico history, as the blaze burns to the north away from the town.


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Britain to pull 800 troops from Afghanistan: report
Sat,2 Jul 2011 03:41 PM PDT
Reuters -

photoLONDON (Reuters) - Britain will announce this week that it is to withdraw up to 800 troops by the end of next year, according to a report in the Sunday Times newspaper.


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Puerto Rico's police chief resigns as crime soars
Sat,2 Jul 2011 02:07 PM PDT
Reuters - SAN JUAN (Reuters) - Puerto Rico's top police official resigned Saturday as the U.S. Caribbean territory battles a crime wave with killings on pace to set a record this year. Full Story1
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More questions raised about Strauss-Kahn accuser
Sat,2 Jul 2011 10:55 PM PDT
Reuters -

photoNEW YORK (Reuters) - Scrutiny of the accuser in the sexual assault case against former IMF chief Dominique Strauss-Kahn intensified on Saturday after more revelations about her conduct following the purported May 14 attack.


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Small plane strays into Camp David airspace while Obama there
Sat,2 Jul 2011 03:24 PM PDT
Reuters - WASHINGTON (Reuters) - A small plane wandered into the airspace around Camp David, Maryland, on Saturday while President Barack Obama was there, prompting an F-15 fighter jet to scramble to intercept it, authorities said. Full Story1
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Los Alamos lab prepares to reopen as fire threat eases
Sat,2 Jul 2011 02:42 PM PDT
Reuters -

photoSANTA FE, N.M (Reuters) - The Los Alamos nuclear weapons laboratory has ended a state of emergency and was taking small steps on Saturday toward reopening as the threat from a record New Mexico wildfire subsided.


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Clinton slams Gaddafi threat to attack Europe
Sat,2 Jul 2011 04:08 PM PDT
Reuters -

photoMADRID/TRIPOLI, July 2 (Reuters) - Secretary of State Hillary Clinton stepped up Western calls on Libyan leader Muammar Gaddafi to quit, brushing off his threat to attack Europeans in their homes and offices.


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More questions raised about Strauss-Kahn accuser
Sat,2 Jul 2011 01:17 PM PDT
Reuters -

photoNEW YORK (Reuters) - Scrutiny of the accuser in the sexual assault case against former IMF chief Dominique Strauss-Kahn intensified on Saturday after more revelations about her conduct following the purported May 14 attack.


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Euro zone approves further $17.4 billion for Greece
Sat,2 Jul 2011 03:17 PM PDT
Reuters -

photoBRUSSELS (Reuters) - Euro zone finance ministers agreed on Saturday to disburse a further 12 billion euros ($17.4 billion) to Greece and said the details of a second aid package for Athens would now be finalised by mid-September.


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Edgy Thailand votes, bracing for further turmoil
Sat,2 Jul 2011 03:15 PM PDT
Reuters -

photoBANGKOK (Reuters) - Thailand votes on Sunday in a general election that could trigger a new crisis after six years of turmoil centred on a man revered by the poor and living in luxury, and exile, in the Middle East.


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