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Wednesday, April 18, 2012 12:08 AM PDT

Today's Reuters World News Headlines - Yahoo! News: Incensed Spain threatens Argentina after YPF seizure Argentina's defiance on YPF strikes chord at home Argentine move to seize YPF scuppers Sinopec deal Fourteen found dead, dismembered in Mexico border town White House renews veto threat over Keystone Bank of Canada says BoE governor story inaccurate Warren Buffett has prostate cancer, sees no danger Egypt vote chaos boosts Moussa, Abol Fotouh Palestinian prisoners launch "battle of empty stomachs" Mexican poll points to big win for PRI's Pena Nieto Canadian green group splits, thumbs nose at Ottawa Spain's Rajoy slams Argentina over YPF Chile says to back ENAP in Argentina after YPF move Incensed Spain threatens Argentina after YPF seizure U.N. sees need for more Syria observers, aircraft Italian kidnapped in Algeria freed after 14 months Fiery Argentine leader guided by husband's legacy Arab ministers urge Syria to open up to U.N. monitors White House threatens to veto bill on Keystone AU suspends Guinea-Bissau for coup, talks under way Top Islamists, Mubarak VP confirmed out of Egypt vote Stirring Mexican volcano closes schools, raises alert Britain says will deport radical cleric Abu Qatada France to hold ministers meeting on Syria on Thursday U.N. monitors visit birthplace of Syrian revolt U.N. wives urge Syrian first lady: "Stop your husband" Bank of Canada surprises markets with hawkish tone U.N. council mulls Sudan, South Sudan sanctions to end clashes Incensed Spain threatens Argentina after YPF seizure Exclusive: Italy puts back balanced budget goal by a year: draft Exclusive: Italy puts back balanced budget goal by a year: draft U.S. eases Myanmar sanctions to boost NGO projects Britain says put pressure on China in Heywood case Palestinians hand Netanyahu letter, Fayyad absent Anxious to keep lid on Iraq, Obama woos Kurds Czech party splits, government's fate in balance Hong Kong tycoon denies wrongdoing over Macau case Afghan leader challenges Taliban "brothers" over attacks AU suspends Guinea-Bissau for coup, talks under way North Korea says no longer bound by nuclear test moratorium Incensed Spain threatens Argentina after YPF seizure Tue,17 Apr 2012 11:24 PM PDT Reuters - MADRID (Reuters) - An incensed Spain threatened swift economic retaliation against Argentina on Tuesday after it unveiled plans to seize YPF, the South American nation's biggest oil company which is controlled by Spanish energy group Repsol. Madrid called in Argentina's ambassador over the nationalization order on Monday by Argentina's combative president, Cristina Fernandez, a move that sent Repsol shares tumbling but delighted many ordinary Argentines. "I must express my profound unease. It's a negative decision for everyone," Spanish Prime Minister Mariano Rajoy said. ... Full Story Top Argentina's defiance on YPF strikes chord at home Tue,17 Apr 2012 11:07 PM PDT Reuters - BUENOS AIRES (Reuters) - Argentina's drive to seize control of leading energy company YPF from Spain's Repsol may have outraged European trade partners and foreign investors, but many ordinary citizens hailed it as virtually heroic. The move by combative President Cristina Fernandez appealed to Argentines who are critical about the vagaries of global finance and the controversial privatizations of the 1990s - a decade remembered for rampant corruption and factory closures in Latin America's No. 3 economy. ... Full Story Top Argentine move to seize YPF scuppers Sinopec deal Tue,17 Apr 2012 10:56 PM PDT Reuters - HONG KONG/BEIJING (Reuters) - Argentina's move to nationalize local oil company YPF, controlled by Spain's Repsol, has scuppered years of planning by China's Sinopec Group to buy the South American company, sources said. Bankers said China's second-largest oil company had held talks with Repsol to buy its controlling 57-percent stake in YPF. Chinese website Caixin.com cited a source as saying Sinopec had reached a non-binding agreement to take over YPF for more than $15 billion. ... Full Story Top Fourteen found dead, dismembered in Mexico border town Tue,17 Apr 2012 07:15 PM PDT Reuters - (Reuters) - The dismembered remains of 14 men were found on Tuesday stuffed inside a minivan left near the town hall of a Mexican city on the U.S. border that is often a flashpoint for the country's drug war, officials said. The remains were found in downtown Nuevo Laredo just after sunrise packed inside 10 black plastic bags found in the vehicle, the officials said. A threatening message was found with the bodies. Nuevo Laredo, adjacent to the south Texas city of Laredo, is a stronghold for the Mexican drug cartel the Zetas. ... Full Story Top White House renews veto threat over Keystone Tue,17 Apr 2012 05:13 PM PDT Reuters - WASHINGTON (Reuters) - The White House on Tuesday renewed its threat to veto legislation to fund U.S. transportation projects responsible for millions of jobs if it includes the politically charged Canada-to-Texas Keystone XL oil pipeline. Republicans in the House of Representatives have included the pipeline in a bill that proposes a 90-day extension of funding for highway, bridge, and transit construction. The House is expected to vote on the legislation on Wednesday. ... Full Story Top Bank of Canada says BoE governor story inaccurate Tue,17 Apr 2012 04:58 PM PDT Reuters - (Reuters) - The Bank of Canada on Tuesday dismissed as inaccurate a newspaper report which said Governor Mark Carney had been approached as a possible candidate to take over as head of the Bank of England. The Financial Times, citing what it said were three people involved in the process, said Carney had been approached by a member of the Bank of England's court, the largely non-executive body that oversees its activities. ... Full Story Top Warren Buffett has prostate cancer, sees no danger Tue,17 Apr 2012 04:33 PM PDT Reuters - (Reuters) - Berkshire Hathaway Inc Chief Executive Warren Buffett said he has stage 1 prostate cancer but his condition "is not remotely life-threatening or even debilitating in any meaningful way." Buffett, the world's third-richest man, will begin a two-month treatment consisting of daily radiation treatments starting in mid-July, he said in a statement on Tuesday. This will limit his ability to travel during that time, Buffett added. ... Full Story Top Egypt vote chaos boosts Moussa, Abol Fotouh Tue,17 Apr 2012 04:02 PM PDT Reuters - CAIRO (Reuters) - The race for the Egyptian presidency has been redefined by the disqualification of Hosni Mubarak's spy chief and prominent Islamists, including a Muslim Brotherhood candidate and a popular Salafi cleric. The developments add to the turbulence of a transition to democracy that has been punctuated by spasms of violence and political rivalries between once-banned Islamists, secular-minded reformists and remnants of the Mubarak order that was overthrown in last year's popular uprising. ... Full Story Top Palestinian prisoners launch "battle of empty stomachs" Tue,17 Apr 2012 03:01 PM PDT Reuters - RAMALLAH, West Bank (Reuters) - At least 1,200 Palestinians in Israeli jails launched an open-ended hunger strike on Tuesday, raising the stakes in a protest about jail conditions and justice that has put the Jewish state under heightened scrutiny. The start of their action coincided with the release of Khader Adnan, a prisoner who refused food for 66 days before agreeing to a deal under which he was released late on Tuesday and greeted by hundreds of supporters when he reached his home town in the West Bank. Adnan, 33, is a member of Islamic Jihad, which has vowed to destroy Israel. ... Full Story Top Mexican poll points to big win for PRI's Pena Nieto Tue,17 Apr 2012 02:57 PM PDT Reuters - MEXICO CITY (Reuters) - Mexico's presidential front-runner, Enrique Pena Nieto, has extended his lead and the opposition Institutional Revolutionary Party (PRI) he represents could gain an absolute majority in the lower house of congress, a survey showed. Consulta Mitofsky said on Tuesday its latest opinion poll for the July 1 presidential vote showed Pena Nieto extending his big lead with 40.2 percent support, up 1.1 percentage point from the polling firm's survey published on March 13. He was followed by Josefina Vazquez Mota, of the ruling National Action Party (PAN), at 22.6 percent. ... Full Story Top Canadian green group splits, thumbs nose at Ottawa Tue,17 Apr 2012 02:51 PM PDT Reuters - CALGARY, Alberta (Reuters) - A Canadian environmental group has split in two as a way to keep up public opposition to projects such as Enbridge Inc's Northern Gateway oil pipeline to the West Coast, while avoiding moves by Ottawa that threatened its previous charitable status. Officials with ForestEthics Canada, a staunch opponent of the C$5.5 billion ($5.6 billion) pipeline, said on Tuesday one segment will keep on working on environmental projects and agreements as a way to adhere to tighter enforcement of rules that limit the political action of charitable groups. ... Full Story Top Spain's Rajoy slams Argentina over YPF Tue,17 Apr 2012 02:39 PM PDT Reuters - PUERTO VALLARTA, Mexico (Reuters) - Spanish Prime Minister Mariano Rajoy blasted Argentina's decision to seize control of energy company YPF, a unit of Spanish oil major Repsol, saying the action would damage ties between the two countries. "I must express my profound unease. It's a negative decision for everyone," Rajoy said on Tuesday at the World Economic Forum in Puerto Vallarta, Mexico, adding that the Spanish-controlled company was being expropriated "without any justification. ... Full Story Top Chile says to back ENAP in Argentina after YPF move Tue,17 Apr 2012 02:39 PM PDT Reuters - SANTIAGO (Reuters) - Chile will back state oil and gas company ENAP after Argentina moved to expropriate Repsol's controlling share of the country's leading energy company YPF, Finance Minister Felipe Larrain said on Tuesday. Larrain said he hoped the issue would not hurt Chilean investments in the neighboring nation. "It's an issue that hasn't gone unnoticed by the government ... The government backs ENAP in the process of looking after ENAP's interests," Larrain said. ENAP has over $100 million invested in Argentina, Larrain said. ... Full Story Top Incensed Spain threatens Argentina after YPF seizure Tue,17 Apr 2012 02:39 PM PDT Reuters - MADRID (Reuters) - An incensed Spain threatened swift economic retaliation against Argentina on Tuesday after it unveiled plans to seize YPF, the South American nation's biggest oil company which is controlled by Spanish energy group Repsol. Madrid called in Argentina's ambassador over the nationalization order on Monday by Argentina's combative president, Cristina Fernandez, a move that sent Repsol shares tumbling but delighted many ordinary Argentines. "I must express my profound unease. It's a negative decision for everyone," Spanish Prime Minister Mariano Rajoy said. ... Full Story Top U.N. sees need for more Syria observers, aircraft Tue,17 Apr 2012 02:14 PM PDT Reuters - BEIRUT (Reuters) - A United Nations mission to oversee an end to violence in Syria may need to bring in its own aircraft and deploy more troops to ensure that a firm ceasefire takes hold throughout the country, U.N. Secretary General Ban Ki-moon said on Tuesday. A six-day-old truce has held in some parts of Syria since President Bashar al-Assad pledged to enforce it last week. But in strong opposition areas such as Homs, Hama, Idlib and Deraa the army continues to attack and battle rebels, using heavy weapons in violation of the pledge by Damascus to pull back. ... Full Story Top Italian kidnapped in Algeria freed after 14 months Tue,17 Apr 2012 02:13 PM PDT Reuters - ROME (Reuters) - Maria Sandra Mariani, an Italian tourist kidnapped by Al Qaeda-linked insurgents in Algeria more than 14 months ago, was freed in northern Mali, authorities in Italy and Burkina Faso said on Tuesday. Mariani, who was kidnapped in southeastern Algeria on February 2, 2011, was released in the northern Malian town of Tessalit and then taken south to Ouagadougou, capital of Mali's neighbor Burkina Faso. "I thank President (Blaise) Compaore for his contribution to my release," Mariana told reporters before boarding a plane to Italy. ... Full Story Top Fiery Argentine leader guided by husband's legacy Tue,17 Apr 2012 02:11 PM PDT Reuters - BUENOS AIRES (Reuters) - Argentine President Cristina Fernandez is a sharp-tongued widow bent on honoring her late husband's political legacy by boosting state control over the economy - even if that means making enemies along the way. Defying warnings from Spain and the European Union, the center-left leader unveiled a plan on Monday to take control of energy company YPF from Spain's Repsol. Argentina already has a reputation as a global rule-breaker after staging the biggest sovereign debt default in history in 2002. ... Full Story Top Arab ministers urge Syria to open up to U.N. monitors Tue,17 Apr 2012 01:59 PM PDT Reuters - DOHA (Reuters) - Arab League ministers met U.N.-Arab special envoy Kofi Annan on Tuesday and pressed Syria to cooperate fully with his peace mission, first by providing unfettered access to ceasefire monitors, but Qatar said Damascus may be "playing for time". A six-day-old truce has held in some areas of Syria but fighting has persisted in others since President Bashar al-Assad pledged to honor it last week. A small U.N. observer mission went to the country this week to monitor the ceasefire. ... Full Story Top White House threatens to veto bill on Keystone Tue,17 Apr 2012 01:42 PM PDT Reuters - WASHINGTON (Reuters) - The White House on Tuesday said Obama would veto legislation before the U.S. House of Representatives that sought to force approval of the stalled Keystone XL oil pipeline as part of a new 90-day extension of federal transportation funding. President Barack Obama earlier this year put a hold on TransCanada's $7 billion project, designed to bring crude oil from Canada and North Dakota to Texas refineries, because he said it needed further environmental review in Nebraska. ... Full Story Top AU suspends Guinea-Bissau for coup, talks under way Tue,17 Apr 2012 01:35 PM PDT Reuters - (Reuters) - By Alberto Dabo BISSAU, April 17, Reuters - The African Union (AU) suspended Guinea-Bissau on Tuesday over last week's coup, adding to pressure on military chiefs who said they were ready to restore power to civilians after talks with regional mediators. "The (AU's) Peace and Security Council decides to suspend with immediate effect Guinea Bissau from all activities...until restoration of constitutional order," AU Commissioner for Peace and Security Ramtane Lamamra said in Addis Ababa. ... Full Story Top Top Islamists, Mubarak VP confirmed out of Egypt vote Tue,17 Apr 2012 01:19 PM PDT Reuters - CAIRO (Reuters) - Ten Egyptian presidential candidates, including Hosni Mubarak's spy chief, a Muslim Brotherhood leader and an Islamist preacher, lost appeals on Tuesday against disqualification from the race, shaking the political landscape weeks before the historic vote. The disqualifications add to the turbulence of a transition to democracy that has been punctuated by spasms of violence and bitter political rivalries between once-banned Islamists, secular-minded reformists and remnants of the Mubarak order. ... Full Story Top Stirring Mexican volcano closes schools, raises alert Tue,17 Apr 2012 01:12 PM PDT Reuters - SAN PEDRO BENITO JUAREZ, Mexico (Reuters) - A powerful plume of steam and ash rose from the Popocatepetl volcano in central Mexico on Tuesday, prompting local schools to cancel classes and emergency teams to prepare for evacuations. The volcano's lava dome started to expand on Friday, suggesting fresh magma may be pushing upwards. It spewed red-hot fragments and lightly dusted cars and streets in some small towns in the state of Puebla, television images showed. ... Full Story Top Britain says will deport radical cleric Abu Qatada Tue,17 Apr 2012 12:55 PM PDT Reuters - LONDON (Reuters) - Britain re-arrested a radical cleric once described as Osama bin Laden's "right-hand man in Europe" and said on Tuesday it would resume plans to deport him to Jordan, where he has been convicted in his absence of involvement in terrorist plots. Jordanian preacher Abu Qatada had been under virtual house arrest at his family home in London since February, when he was freed from a British prison after a court said his detention without trial was unlawful. ... Full Story Top France to hold ministers meeting on Syria on Thursday Tue,17 Apr 2012 12:34 PM PDT Reuters - PARIS (Reuters) - France will host a foreign ministers meeting on Thursday in Paris, including U.S. Secretary of State Hillary Clinton, to discuss the fragile ceasefire in Syria, a French official said on Tuesday. The meeting, which the foreign ministers of Turkey and Qatar will also attend, aims to increase pressure on Syrian President Bashar al-Assad to meet his commitments under a U.N.-backed peace plan, the official said. (Reporting By John Irish; editing by Daniel Flynn and Angus MacSwan) Full Story Top U.N. monitors visit birthplace of Syrian revolt Tue,17 Apr 2012 12:34 PM PDT Reuters - BEIRUT (Reuters) - United Nations ceasefire monitors on Tuesday visited the Syrian town of Deraa, birthplace of a 13-month revolt against President Bashar al-Assad, U.N. spokesman Khaled al-Masri said. "A group of international observers visited Deraa in the south of Syria today. They met the governor and toured the city," he said, adding that another group of U.N. officials held talks in Damascus with government officials. (Reporting by Oliver Holmes; Editing by Angus MacSwan) Full Story Top U.N. wives urge Syrian first lady: "Stop your husband" Tue,17 Apr 2012 12:34 PM PDT Reuters - UNITED NATIONS (Reuters) - The wives of U.N. ambassadors from Britain and Germany targeted Syria's first lady on Tuesday with an online appeal to "stop your husband" in his yearlong bid to quash a popular uprising that has left thousands dead. The video contrasts the lavish lifestyle of 36-year-old Asma al-Assad, wife of President Bashar al-Assad and mother of three, with the images of dead and injured Syrian children. "Stand up for peace, Asma. Speak out now. For the sake of your people. Stop your husband," asks the video. "Stop being a bystander. No one cares about your image. ... Full Story Top Bank of Canada surprises markets with hawkish tone Tue,17 Apr 2012 12:33 PM PDT Reuters - OTTAWA (Reuters) - The Bank of Canada said on Tuesday it may need to start raising interest rates, preparing to lead the Group of Seven industrialized nations in lifting borrowing costs even as fears of a flare-up of the European debt crisis have not fully faded. The central bank held its key overnight rate at 1 percent as anticipated but issued a surprisingly hawkish statement that included explicit language on eventual rate increases for the first time since last July. ... Full Story Top U.N. council mulls Sudan, South Sudan sanctions to end clashes Tue,17 Apr 2012 12:23 PM PDT Reuters - UNITED NATIONS (Reuters) - The U.N. Security Council discussed on Tuesday possibly imposing sanctions on Sudan and South Sudan if the African neighbors did not stop border clashes that were threatening to spiral into full-scale war, said the U.S. envoy to the United Nations. Fighting along the ill-defined border between the former civil-war foes has led to a standoff over the Heglig oil field after it was seized a week ago by troops from South Sudan, which declared independence last year. ... Full Story Top Incensed Spain threatens Argentina after YPF seizure Tue,17 Apr 2012 12:17 PM PDT Reuters - MADRID (Reuters) - An incensed Spain threatened swift economic retaliation against Argentina on Tuesday after it announced plans to seize YPF, the South American nation's biggest oil company which is controlled by Spanish energy group Repsol. Madrid called in Argentina's ambassador over the nationalization order on Monday by Argentina's populist and assertive president, Cristina Fernandez, a move that sent Repsol shares tumbling but delighted many of her compatriots. "I must express my profound unease. It's a negative decision for everyone," Spanish Prime Minister Mariano Rajoy said. ... Full Story Top Exclusive: Italy puts back balanced budget goal by a year: draft Tue,17 Apr 2012 11:54 AM PDT Reuters - ROME (Reuters) - Italy will delay by a year its plan to balance the budget in 2013 due to a weakening economic outlook, according to a draft document due to be approved by the cabinet of Prime Minister Mario Monti on Wednesday. The draft Economic and Financial document (DEF), which has been obtained by Reuters, raises the budget deficit forecasts for 2012-2014 and slashes this year's economic growth outlook. Italy's budget deficit is already one of the lowest in the euro zone as a proportion of output and many economists say its chronically weak growth is more of a concern than fiscal ... Full Story Top Exclusive: Italy puts back balanced budget goal by a year: draft Tue,17 Apr 2012 11:51 AM PDT Reuters - ROME (Reuters) - Italy will delay by a year its plan to balance the budget in 2013 due to a weakening economic outlook, according to a draft document due to be approved by the cabinet of Prime Minister Mario Monti on Wednesday. The draft Economic and Financial document (DEF), which has been obtained by Reuters, raises the budget deficit forecasts for 2012-2014 and slashes this year's economic growth outlook. Italy's budget deficit is already one of the lowest in the euro zone as a proportion of output and many economists say its chronically weak growth is more of a concern than fiscal ... Full Story Top U.S. eases Myanmar sanctions to boost NGO projects Tue,17 Apr 2012 11:42 AM PDT Reuters - WASHINGTON (Reuters) - The U.S. Treasury on Tuesday relaxed sanctions on Myanmar to permit financial transactions to support certain humanitarian and development projects in the country as it moves ahead with democratic reforms after decades of military rule. The Treasury's Office of Foreign Assets Control issued a general license authorizing financial transactions for a range of not-for-profit projects and programs in areas such as good governance, health, education and sport. "We are taking this step today to support a broader range of not-for-profit activity in Burma by private U.S. ... Full Story Top Britain says put pressure on China in Heywood case Tue,17 Apr 2012 11:31 AM PDT Reuters - LONDON (Reuters) - Britain repeatedly pressed for an investigation into the death of a British businessman, whose murder sparked political upheaval in China, before Beijing agreed to look into the case, the foreign minister said on Tuesday. A British diplomat first asked Chinese officials to investigate the death of Neil Heywood on February 15 but it was not until April 10, after Britain had lodged four requests, that the Chinese authorities told London that an investigation was under way, Foreign Secretary William Hague said. ... Full Story Top Palestinians hand Netanyahu letter, Fayyad absent Tue,17 Apr 2012 11:19 AM PDT Reuters - RAMALLAH, West Bank (Reuters) - A Palestinian delegation handed Israeli Prime Minister Benjamin Netanyahu a letter setting out their grievances on Tuesday, but their prime minister, Salam Fayyad, refused to join them for what would have been the highest-level meeting since 2010. Netanyahu, who took the letter from top Palestinian negotiator Saeb Erekat and intelligence chief Majed Faraj, promised a written reply in two weeks. "Both sides hope the exchange of letters will help find a way to advance peace," said a joint statement issued after the meeting in Jerusalem. ... Full Story Top Anxious to keep lid on Iraq, Obama woos Kurds Tue,17 Apr 2012 11:13 AM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama, facing a damaging election-year problem if Iraq's political crisis worsens, has launched an urgent behind-the-scenes push to ease tensions between the Baghdad central government and the Kurds. Masoud Barzani, president of the Kurds' semi-autonomous regional government, paid a quiet visit to the White House on April 4 and left with backing for two long-standing requests that could help build the worried Kurds' confidence in U.S. support. ... Full Story Top Czech party splits, government's fate in balance Tue,17 Apr 2012 10:58 AM PDT Reuters - PRAGUE (Reuters) - Czech Vice Prime Minister Karolina Peake quit the junior ruling party on Tuesday, a move that could cost the austerity-minded coalition its parliamentary majority although she pledged to keep supporting government policies. Prime Minister Petr Necas will hold talks with Peake to safeguard a clear majority in parliament, the CTK news agency reported, given that her move split her Public Affairs party and she plans to set up a new political faction. ... Full Story Top Hong Kong tycoon denies wrongdoing over Macau case Tue,17 Apr 2012 10:56 AM PDT Reuters - HONG KONG (Reuters) - A Hong Kong property developer whose name was mentioned as a witness in a Macau corruption trial has denied any suggestion of wrongdoing linked to the case brought against a former Macau government official. Joseph Lau, chairman of Chinese Estates Holdings, was one of two Hong Kong tycoons mentioned in the case in nearby Macau, which comes at a sensitive time in Hong Kong after a series of scandals that have rocked the financial center. No charges were brought against Lau or the other Hong Kong tycoon, Steven Lo, chairman of BMA Investment and South China Football Club. ... Full Story Top Afghan leader challenges Taliban "brothers" over attacks Tue,17 Apr 2012 10:17 AM PDT Reuters - KABUL (Reuters) - President Hamid Karzai called the Taliban "brothers" on Tuesday and reached out to them to do more for the good of the country after the insurgents carried out multiple attacks in Kabul and elsewhere at the weekend The deadly strikes on parliament, Kabul's diplomatic quarter and three provinces, had only prolonged the foreign presence in Afghanistan reviled by the Taliban, and hurt economic and security confidence, Karzai said. ... Full Story Top AU suspends Guinea-Bissau for coup, talks under way Tue,17 Apr 2012 09:46 AM PDT Reuters - BISSAU, April 17, Reuters - The African Union (AU) suspended Guinea-Bissau on Tuesday over last week's coup, adding to pressure on military chiefs who said they were ready to restore power to civilians after talks with regional mediators. A high-level delegation from the West African regional grouping ECOWAS, which has branded the coup as "unacceptable", met Guinea-Bissau's military overnight and ECOWAS Commission head Desire Kadre Ouedraogo told reporters there was an agreement "on the return to constitutional order". ... Full Story Top North Korea says no longer bound by nuclear test moratorium Tue,17 Apr 2012 09:45 AM PDT Reuters - SEOUL (Reuters) - North Korea on Tuesday dismissed a rebuke by the U.N. Security Council of its failed long-range rocket launch and said it was no longer bound by an agreement with the United States for a moratorium on missile and nuclear tests and arms inspection. The Security Council on Monday condemned the North for Friday's rocket launch and warned of further action if Pyongyang carried out a nuclear test, reflecting concern that it may follow a pattern it set in 2009 with its second nuclear test. ... Full Story Top

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