Monday, June 4, 2012

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Monday, June 4, 2012 12:08 AM PDT
Today's Politics - Bloomberg News Headlines - Yahoo! News:
INSIGHT: Turkey tries out soft power in Somalia
Sun,3 Jun 2012 11:38 PM PDT
Reuters - MOGADISHU (Reuters) - In a sprawl of plastic refugee shelters and mortar-blasted buildings in Mogadishu, a mud-caked Turkish engineering team monitors the drilling of a new borehole while their armed guards chat lazily under a tree, guns across laps. These government contractors are on the frontline of a huge Turkish development effort in one of the world's most dangerous cities - one which U.N. agencies and international charities prefer to deal with from the safety of neighbouring Kenya. ... Full Story
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Israel "supportive" on future Iran sanctions: U.S.
Sun,3 Jun 2012 11:31 PM PDT
Reuters - JERUSALEM (Reuters) - The United States is conferring with Israel about new sanctions planned against Iran should international negotiations this month fail to curb the Islamic Republic's nuclear program, a U.S. official said on Monday. The comment offered a strong hint that Washington is continuing to apply the brakes on any plan by Israel to attack Iranian nuclear facilities preemptively. Israel has signaled increasing impatience with the lack of progress towards circumscribing the nuclear program during the negotiations, involving Iran, the United States and five other world powers. ... Full Story
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Rwanda army officials supporting Congo rebels: HRW
Sun,3 Jun 2012 11:21 PM PDT
Reuters -

Congolese government soldiers prepare to drive from a military outpost between Kachiru village and Mbuzi hillGOMA, Democratic Republic of Congo (Reuters) - O fficials within the Rwandan military have provided up to 300 fighters as well as weapons and ammunition to rebels battling government forces in neighbouring Democratic Republic of Congo, Human Rights Watch said on Monday. Rwanda denies backing the rebellion in the mountainous east of Congo, which has for the last two months pitted the army against troops loyal to Bosco Ntaganda, a renegade Congo general wanted by the International Criminal Court (ICC). ...


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Japan PM sacks five ministers to win tax-plan backing
Sun,3 Jun 2012 11:13 PM PDT
Reuters -

Japan's Prime Minister Yoshihiko Noda speaks at a news conference to announce new cabinet members at his official residence in TokyoTOKYO (Reuters) - Japanese Prime Minister Yoshihiko Noda replaced five cabinet ministers on Monday hoping to smooth the way to a deal with the opposition on doubling sales tax in spite of a rift in the ruling party over the plan. By removing the ministers, who the opposition has criticized for not performing properly, Noda hopes to persuade the biggest opposition party, the Liberal Democratic Party (LDP), to back a package of tax bills including the sales tax increase. He needs opposition support to bet bills through a divided parliament. ...


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China blocks Tiananmen talk on crackdown anniversary
Sun,3 Jun 2012 10:42 PM PDT
Reuters -

Paramilitary policemen stand guard as the Chinese national flag is raised on Beijing's Tiananmen SquareBEIJING (Reuters) - China's censors blocked internet access to the terms "six four", "23", "candle" and "never forget" on Monday, broadening extensive efforts to silence talk about the 23rd anniversary of China's bloody June 4 crackdown on pro-democracy protesters. For China's ruling Communist Party, the 1989 demonstrations that clogged Tiananmen Square in Beijing and spread to other cities remains taboo, all the more so this year as the government prepares for a tricky leadership handover. ...


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Two new polls show tight race in Wisconsin recall
Sun,3 Jun 2012 10:03 PM PDT
Reuters -

Walker, who is facing a recall election, smiles before the start of a debate with Barrett, in Milwaukee, WisconsinMILWAUKEE (Reuters) - Two public opinion polls released on Sunday show Wisconsin Republican Governor Scott Walker with a lead of three and six percentage points two days before the election to recall him because of a new law reducing the power of public sector unions. Public Policy Polling, a Democratic polling firm, said Walker was leading 50 percent to 47 percent over Democratic challenger Milwaukee Mayor Tom Barrett in its final survey. Angus Reid polling had Walker ahead 53 percent to 47 percent. Both findings were within the margin of error so the results could be even tighter. ...


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Insight: From Alabama, an epic challenge to voting rights
Sun,3 Jun 2012 10:01 PM PDT
Reuters -

To match story USA-COURT/VOTINGRIGHTSCALERA, Alabama (Reuters) - Four years ago, in this small city of gentle hills, tall oaks and nine stoplights, an invisible line was drawn a few miles north of the center of town. It stretched up beyond Highway 22 and looped west across Interstate 65, sweeping in recent housing developments, the brown-brick Concord Baptist Church and a new Wal-Mart. The narrow five-square-mile rectangle enlarged Voting District 2. It also radically changed the district's racial mix. ...


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Vietnam to open restricted sites for MIA search: Pentagon
Sun,3 Jun 2012 09:55 PM PDT
Reuters - HANOI (Reuters) - The Vietnamese government has agreed to open three previously restricted sites to help the search for and excavation of the remains of U.S. servicemen listed as missing in action, a Pentagon spokesman said Monday. The agreement was unveiled at a meeting between visiting U.S. Defense Secretary Leon Panetta and his Vietnamese counterpart Phung Quang Thanh, spokesman George Little said. He gave no details about the sites. ... Full Story
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Pakistan and U.S.: allies without trust
Sun,3 Jun 2012 09:15 PM PDT
Reuters -

U.S. President Barack Obama meets with Pakistan's President Asif Ali Zardari in the Oval Office of the White House in WashingtonISLAMABAD (Reuters) - As Washington fumed over the jailing of a Pakistani doctor who helped the CIA hunt down Osama bin Laden, an educated Islamabad businesswoman voiced her own outrage - at the United States. "All we ever got from the Americans is instability and violence," she said, echoing what many Pakistanis believe is Washington's contribution to their country and region over three decades. "Didn't you know Osama bin Laden was a CIA agent?", she asked at a dinner attended by Western diplomats, referring to his role in U.S. ...


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U.S. drone strike kills 15 in northwest Pakistan: officials
Sun,3 Jun 2012 09:01 PM PDT
Reuters - MIRANSHAH, Pakistan (Reuters) - Rockets fired from a U.S. drone killed 15 people in northwest Pakistan on Monday, intelligence officials said, an attack likely to add to tensions between Washington and Islamabad amid a standoff over NATO supply routes to Afghanistan. The strike, the third in three days, targeted a militant hideout in the Hesokhel village of the North Waziristan tribal region, officials said. It brought the death toll from drone attacks in Pakistan in the past three days to 27. Pilotless U.S. drones hit targets in the South Waziristan tribal region on Saturday and Sunday. ... Full Story
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Pianalto says jobs report hasn't changed her outlook: WSJ
Sun,3 Jun 2012 08:40 PM PDT
Reuters - (Reuters) - The grim U.S. jobs report for May does not warrant further easing of monetary policy, Sandra Pianalto, President of the Federal Reserve Bank of Cleveland, was quoted as saying on Monday. Pianalto told the Wall Street Journal that even though the jobs report was disappointing, she was not yet convinced the economy was taking a turn for the worse. "I'd have to see a substantial change in my outlook," to be convinced the Fed should do more, Pianalto told the WSJ. "I don't think this employment report, in and of itself, is likely to lead to a substantial change in my outlook. ... Full Story
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Dalai Lama's China talk envoys resign
Sun,3 Jun 2012 08:32 PM PDT
Reuters -

Tibet's exiled spiritual leader the Dalai Lama arrives for a lecture in ViennaBEIJING (Reuters) - Two envoys of exiled Tibetan spiritual leader the Dalai Lama who led nine rounds of on-off talks with China have resigned, citing frustration at a lack of progress and increased tension within Tibet, the government-in-exile said. Lodi Gyari and Kelsang Gyaltsen had led the talks since 2002, though the last meeting took place more than two years ago, the India-based exiled government said in an emailed statement sent late on Sunday. ...


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Venezuela arrests "sinister" Colombian cocaine boss
Sun,3 Jun 2012 07:46 PM PDT
Reuters - BOGOTA (Reuters) - The ringleader of a ruthless Colombian criminal gang that controls several important cocaine smuggling routes has been arrested by Venezuelan armed forces, Colombian police said on Sunday. Diego Perez Henao, a Colombian for whose capture the U.S. government has offered a $5 million reward, was arrested near the Venezuelan-Colombian border in the early hours of Sunday, said Jose Roberto Leon, deputy director of Colombia's police force. "One of the most sinister drug traffickers and murderers of our country has been captured," Leon told reporters. ... Full Story
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Sarah Jessica Parker plans Obama fundraiser
Sun,3 Jun 2012 07:23 PM PDT
Reuters -

Actress Sarah Jessica Parker is pictured in the audience as she attends a National Medal of Arts and Humanities ceremony at the White House in WashingtonLOS ANGELES (Reuters) - "Sex and the City" star Sarah Jessica Parker is borrowing a tactic from the George Clooney fundraising book, planning a campaign dinner for President Barack Obama and offering a chance to win two tickets with $3 online donations. Parker, who is married to actor Matthew Broderick, sent an email to supporters and appeared in an advertisement on Sunday's MTV Movie Awards telling people of the online donations and tickets to the affair at her New York home. ...


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China's top paper warns against armed intervention in Syria
Sun,3 Jun 2012 07:01 PM PDT
Reuters - BEIJING (Reuters) - China's top state newspaper warned on Monday that any Western-backed military intervention in Syria would unleash even bloodier chaos, and said abandoning envoy Kofi Annan's peace plan could push Syria into the "abyss" of full-scale war. The People's Daily, the main newspaper of China's ruling Communist Party, spelled out the reasons for Beijing's opposition to a tougher response to the massacre last month of 108 people in Houla, which Western and Arab governments blamed on forces loyal to President Bashar al-Assad. ... Full Story
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Mormon group shows its support in Salt Lake City gay parade
Sun,3 Jun 2012 06:04 PM PDT
Reuters -

Participants march with rainbow-colored dragons in a gay pride parade in Salt Lake CityNearly 300 Mormons marched in a gay pride parade on Sunday, holding signs that read "God Loves His Children" in a unique display of support from believers of a religious tradition that has long opposed homosexuality. "When people hear that Mormons are marching with gay and lesbian people in Salt Lake City... I think that's going to be a surprise," said Dustin Lance Black, the Academy Award-winning screenwriter of the 2008 movie "Milk" about slain San Francisco gay activist Harvey Milk. Black, who is gay and was raised Mormon, was the parade's grand marshal. ...


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Mexico's ruling party blasts ex-president for backing rivals
Sun,3 Jun 2012 05:04 PM PDT
Reuters - MEXICO CITY (Reuters) - Mexico's ruling conservatives on Sunday accused former president and party leader Vicente Fox of trying to drum up support for the opposition Institutional Revolutionary Party (PRI) in the July presidential election. The National Action Party (PAN) issued a statement urging Fox, who swept the PRI from power in a historic 2000 election and served as president until 2006, "not to betray democracy" after he said the country must rally around the likely winner of the July 1 presidential contest. ... Full Story
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Rwanda army officials supporting Congo rebels: HRW
Sun,3 Jun 2012 04:06 PM PDT
Reuters - GOMA, Democratic Republic of Congo (Reuters) - Officials within the Rwandan military have provided up to 300 fighters as well as weapons and ammunition to rebels battling government forces in neighboring Democratic Republic of Congo, Human Rights Watch said on Monday. Rwanda denies backing the rebellion in the mountainous east of Congo, which has for the last two months pitted the army against troops loyal to Bosco Ntaganda, a renegade Congo general wanted by the International Criminal Court (ICC). ... Full Story
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Analysis: India's growth: build in an incompetence discount
Sun,3 Jun 2012 03:42 PM PDT
Reuters -

To match analysis INDIA-ECONOMY/NEW DELHI (Reuters) - It had been another brutal day for the rupee on the foreign exchanges as India's economic crisis escalated and, travelling home from a visit to Myanmar last week, Indian Prime Minister Manmohan Singh summoned journalists on his plane for a briefing. The one statement he had prepared for the media that night, however, concerned allegations of corruption leveled against him and his cabinet ministers - not the economy. ...


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Wall Street Week Ahead: Torn between bulls and bears
Sun,3 Jun 2012 03:24 PM PDT
Reuters -

Traders work on the floor of the New York Stock ExchangeNEW YORK (Reuters) - Monday morning will be decision time for traders and investors: Should they buy or sell after Friday's steep decline that pushed the S&P 500 below its 200-day moving average? While comments out of Europe over the weekend point to signs of a more urgent push for a fiscal union the euro zone, that may be not enough for the market that just saw the Dow turn negative for the year and the S&P 500 dip below the critical 200-day moving average for the first time since December - a level that many technical analysts view as a harbinger of more selling. ...


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Mubarak verdict adds to tension before Egypt vote
Sun,3 Jun 2012 02:19 PM PDT
Reuters -

Protesters wave national flags as they gather and chant anti-military council slogans during a protest in CairoCAIRO (Reuters) - Egyptian pro-democracy campaigners called on Sunday for a new uprising, saying justice was not served by the trial of Hosni Mubarak and others blamed for the killing of protesters during the street revolt that ended his three-decade rule. In the first trial of a leader toppled in last year's Arab spring uprisings, Mubarak was found guilty and handed a life sentence. His sons were found innocent of corruption charges and senior policemen were acquitted. ...


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Exclusive: SEC investigator previously pushed to carry gun
Sun,3 Jun 2012 01:45 PM PDT
Reuters - WASHINGTON (Reuters) - The lead internal investigator at the Securities and Exchange Commission, who is on leave after employees complained he wanted to carry a gun at work, previously tried to get a gun permit when he worked for another government agency, but the permit was denied. David Weber, the assistant inspector general of investigations at the SEC, applied more than two years ago with the Maryland State Police to carry a concealed weapon while he worked as a special counsel of enforcement at the Office of the Comptroller of the Currency. ... Full Story
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U.S. ambassador marks D-Day with Normandy parachute jump
Sun,3 Jun 2012 01:41 PM PDT
Reuters - PARIS (Reuters) - U.S. ambassador to France Charles Rivkin took part in a mass parachute jump over the coast of Normandy on Sunday to mark the 68th anniversary of the Allied invasion of mainland Europe in World War Two. Following in the footsteps of Allied paratroopers who parachuted into German-occupied Normandy hours before the seaborne assault on the beaches, Rivkin made the leap despite strong winds which resulted in light injuries to six fellow jumpers, France 3 television reported. ... Full Story
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Toronto police say they know who mall shooter is
Sun,3 Jun 2012 01:40 PM PDT
Reuters -

Police stand guard in front of the Toronto Eaton Centre shopping mall where a shooting occurred in TorontoTORONTO (Reuters) - Toronto police said on Sunday they think they know the identity of the shooter who killed one person and wounded six others on Saturday in a rare outburst of major violence at the city's main downtown mall. Police also named the man killed: 24-year-old Toronto resident Ahmed Hassan, who they said may have had some gang affiliation. "Our investigation clearly suggests that this is a targeted shooting and not a random act of violence against the members of the general public," Brian Borg, a Toronto police detective, told a media briefing. ...


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Florida shooter George Zimmerman returns to jail
Sun,3 Jun 2012 01:33 PM PDT
Reuters -

George Zimmerman arrives at jail after having his bond revokedSANFORD, Florida (Reuters) - George Zimmerman, the neighborhood watch volunteer charged in the Florida killing of unarmed black teenager Trayvon Martin, returned to jail on Sunday after a court revoked his bond and ordered him back into custody. Zimmerman, who had been free on a $150,000 bond and hiding in an undisclosed location, arrived at the Sanford County jail in a white police mini-van shortly before the 48-hour deadline imposed by Circuit Court Judge Kenneth Lester Jr. on Friday. ...


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Khamenei: West talks of nuclear Iran to hide own problems
Sun,3 Jun 2012 01:17 PM PDT
Reuters -

Iran's Supreme Leader Khamenei meets with members of the Assembly of Experts in TehranDUBAI (Reuters) - Iran's supreme leader accused the West on Sunday of lying about his country's nuclear plans in order to cover up their own problems, in a fiery speech that gave no indication he was ready to compromise in talks with world powers. In an address marking the 23rd anniversary of the death of his predecessor Ruhollah Khomeini, Ayatollah Ali Khamenei warned Israel that any attack on Iran would be answered with a "thunderous blow". ...


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Drenched crowds laugh off deluge for jubilee party
Sun,3 Jun 2012 01:04 PM PDT
Reuters - LONDON (Reuters) - It was cold, wet and windy, but the typically damp British summer weather was not enough to deter more than a million people from lining the River Thames to catch a glimpse of Queen Elizabeth float past on a gilded royal barge. Sunday's Diamond Jubilee flotilla of 1,000 vessels accompanying the monarch through London was the spectacular centerpiece of four days of celebrations designed to mark the queen's 60 years on the throne, the only British monarch to do so other than Queen Victoria. ... Full Story
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Republicans fail to dampen royal jubilee fever
Sun,3 Jun 2012 12:56 PM PDT
Reuters - LONDON (Reuters) - Crowds celebrating the Queen's 60th year on the throne jeered and sang the national anthem on Sunday to drown out a noisy protest by republicans calling for Britons to end centuries of history and overthrow the monarchy. Waving banners demanding "Votes not Boats" and "Make Monarchy History", more than 100 demonstrators braved driving rain and chill winds in the shadow of Tower Bridge to demand an elected head of state for Britain. ... Full Story
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New animal disease facility stalled by budget, politics
Sun,3 Jun 2012 12:20 PM PDT
Reuters -

The site of the proposed National Bio and Agro-Defense Facility lies idle in ManhattanMANHATTAN, Kansas (Reuters) - The site of a proposed facility to fight animal diseases, including those which could be spread by bioterrorists, is little more than a parking lot today because of safety and budget concerns. Construction of an ambitious National Bio and Agro-Defense Center in this Kansas university town is on hold due to the federal budget crunch and concerns about risks to livestock and human populations, especially in the event of natural disaster. ...


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Bin Laden spent wealth on attacks, guests: Qaeda
Sun,3 Jun 2012 11:42 AM PDT
Reuters - DUBAI (Reuters) - Osama bin Laden led a frugal life, spending all his personal wealth on attacks against the West and serving his guests good food, al Qaeda leader Ayman al-Zawahri said in a video posted online on Sunday. In the half-hour tape titled "Days with the imam, Part Two" a bespectacled Zawahri, who took up the reins of al Qaeda after bin Laden's killing just over a year ago, fondly recalled his predecessor's meager comforts. "When you entered his house you would be surprised. ... Full Story
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France says determined to improve budget credibility
Sun,3 Jun 2012 10:56 AM PDT
Reuters - PARIS (Reuters) - France's new Socialist government is determined to restore its credibility over budget management by meeting public deficit targets, Finance Minister Pierre Moscovici said on Sunday. President Francois Hollande has pledged to stick to the previous conservative government's commitment to cut the deficit from an estimated 4.5 percent of gross domestic product in 2012 to within an EU-imposed limit 3.0 percent in 2013, even though many economists see that as hard without spending cuts. ... Full Story
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Euro bailout fund should be used for banks: France
Sun,3 Jun 2012 10:45 AM PDT
Reuters - PARIS (Reuters) - French Finance Minister Pierre Moscovici said on Sunday that it would better to recapitalise troubled European banks using the ESM bailout fund than use government money. "I think that to recapitalise banks it's better to go through direct mechanisms, what we call the ESM, the European Stability Mechanism, rather than to go through states," Moscovici said on LCI television. "Once this mechanism is in place, things will be clearer and the situation will be calmer for a certain number of banks, including Spanish banks," he added. ... Full Story
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Egypt's Shafiq: Islamist rival heralds "dark ages"
Sun,3 Jun 2012 10:36 AM PDT
Reuters - CAIRO (Reuters) - Egyptian presidential candidate Ahmed Shafiq stepped up his attacks against his Muslim Brotherhood rival in a run-off vote, saying on Sunday the Islamist would drag Egypt into the "dark ages" and threaten the rights of women, Christians and others. The comments from the last Prime Minister of former president Hosni Mubarack, his first public address for more than a week, reflected how divisive the race has become since the former air force commander made it through last month's first round into a head-to-head against Mohamed Mursi. ... Full Story
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Egypt's EFG rebuffs buy-out offer
Sun,3 Jun 2012 10:35 AM PDT
Reuters -

People exit the new headquarters of Egypt-based investment bank EFG-Hermes, on the outskirts of CairoCAIRO (Reuters) - Egypt's EFG Hermes poured cold water on an offer by a group of investors to buy its shares at a premium to the market price, saying they should have filed the bid with the regulator and given shareholders better assurances. The group, called Planet IB, said on Friday it intended to offer 13.50 Egyptian pounds per share to buy the Cairo-based investment bank, Egypt's biggest. Shares in EFG rose 1.2 percent on Monday to 11.15 pounds. ...


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Ivory Coast wants blood diamond ban lifted
Sun,3 Jun 2012 10:31 AM PDT
Reuters - ABIDJAN (Reuters) - Ivory Coast will lobby for the lifting of a United Nations ban on its diamond exports at a meeting this week, a government official said, arguing that its stones are no longer a threat to the country's stability now its civil war is over. The U.N. Security Council slapped an embargo on the West African nation's diamonds in 2005 to prevent their sale from funding arms purchases and fuelling the conflict, which began in 2002. Ivory Coast is the last remaining source of so-called blood diamonds and the only country under a U.N. export ban of such gems. ... Full Story
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Ivory Coast wants blood diamond ban lifted
Sun,3 Jun 2012 10:27 AM PDT
Reuters - ABIDJAN (Reuters) - Ivory Coast will lobby for the lifting of a United Nations ban on its diamond exports at a meeting this week, a government official said, arguing that its stones are no longer a threat to the country's stability now its civil war is over. The U.N. Security Council slapped an embargo on the West African nation's diamonds in 2005 to prevent their sale from funding arms purchases and fuelling the conflict, which began in 2002. Ivory Coast is the last remaining source of so-called blood diamonds and the only country under a U.N. export ban of such gems. ... Full Story
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Obama, Romney campaign advisers trade blame on job creation
Sun,3 Jun 2012 10:12 AM PDT
Reuters -

U.S. President Obama's campaign's senior strategist Axelrod stops to shake a protester's hand as he leaves a news conference in BostonWASHINGTON (Reuters) - Advisers to President Barack Obama and presumptive Republican presidential nominee Mitt Romney squared off on Sunday over job creation in a debate which, following Friday's weak jobs report, promises to be a deciding factor in the November vote. Ed Gillespie, a senior adviser to Romney, citing Obama's healthcare reform law and a decision to put a major oil pipeline on hold, said on "Fox News Sunday" that Obama's policies have put a damper on job creation. "The problem is this administration and this president's policies are hostile to job creators," Gillespie said. ...


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Assad says Houla killings monstrous, crisis will end
Sun,3 Jun 2012 10:06 AM PDT
Reuters -

Demonstrators protest against Syria's President Bashar al-Assad in HabeetBEIRUT/AMMAN (Reuters) - Syrian President Bashar al-Assad condemned on Sunday the "abominable" massacre of more than 100 people in Houla, saying even monsters could not carry out such acts, and promised a 15-month-old crisis would end soon if Syrians pulled together. Assad repeated earlier pledges to enforce a crackdown on opponents he says are terrorists carrying out a foreign conspiracy, while offering dialogue with opposition figures who had avoided armed conflict or outside backing. His remarks were at odds with those of U.N. ...


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Egypt's Shafiq: Islamist rival heralds "dark ages"
Sun,3 Jun 2012 10:02 AM PDT
Reuters - CAIRO (Reuters) - Egyptian presidential candidate Ahmed Shafiq stepped up his attacks against his Muslim Brotherhood rival in a run-off vote, saying on Sunday the Islamist would drag Egypt into the "dark ages" and threaten the rights of women, Christians and others. The comments from the last Prime Minister of former president Hosni Mubarack, his first public address for more than a week, reflected how divisive the race has become since the former air force commander made it through last month's first round into a head-to-head against Mohamed Mursi. ... Full Story
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China steps up Afghan role as Western pullout nears
Sun,3 Jun 2012 09:57 AM PDT
Reuters - KABUL (Reuters) - China and Afghanistan will announce a plan in the coming days to deepen their ties, Afghan officials say, the strongest signal yet that Beijing wants a role beyond economic partnership as Western forces prepare to leave the country. China has kept a low political profile through much of the decade-long international effort to stabilize Afghanistan, choosing instead to pursue an economic agenda, including locking in future supply from Afghanistan's untapped mineral resources. As the U.S. ... Full Story
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