Today's Reuters World News Headlines - Yahoo! News: - Gunmen set fire to Microsoft's Greek headquarters
- Populist Japan mayor grooms candidates for national stage
- Gunmen storm pro-government Syrian TV channel
- Refugee boat sinks; Australian PM aims to revive Malaysia plan
- Pena Nieto extends lead as Mexico vote nears
- Wildfires worsen in Colorado, 32,000 flee homes
- Merkel buries euro bonds as summit tension rises
- Migrant workers clash with police in south China
- Gabon to burn ivory stocks as elephant poaching surges
- Thirty dead, 150,000 stranded in Bangladesh floods
- Falling oil prices put Iran over U.S. sanctions barrel
- Acclaimed screenwriter Nora Ephron dead at 71
- Chavez sees no more cancer treatment on horizon
- China sacks official, punishes others in forced abortion case
- U.N. to release divisive report on Rwanda support for Congo rebels
- In Vietnam, a shipping line raises alarm over debt
- U.S. condemns crackdown on Sudan protests
- China's Wen offers $10 billion Latin America credit line
- Russia's Lavrov to attend Syria meeting, if it happens
- U.N. wants Africa's Kony hunters fully equipped by year-end
- U.S. intelligence sees few cracks in Assad's inner circle
- Weeks of Serbian government talks near collapse
- Appeasing investors, Murdoch moves to split empire
- Cast out of Israel, South Sudanese face risky future
- Assad says Syria at war as battle reaches capital
- Nigeria president replaces execs of state oil NNPC
- Mexico's Pena Nieto with big poll lead before election
- Kuwaitis protest after elected parliament thrown out
- Romania probes plot to spare ex-PM jail with wound
- Bomb explodes outside Tunisian consulate in Tripoli
- Assad says Syria in a "real state of war"
- Italy's Monti wins confidence votes on labor reform
- Russia says downing of Turkish plane not provocation
- Egyptian "terrorist" group member was no threat: U.S.
- French spirit inspired me, Aung San Suu Kyi says
- Paraguay's Lugo says only miracle can reinstate him
- At least two dead in north Mali clashes
- Rescuers stand by as hope fades at collapsed Canada mall
- France boosts minimum wage as spending freeze bites
- ESM top creditor status could be dropped-sources
| | Gunmen set fire to Microsoft's Greek headquarters Tue,26 Jun 2012 11:26 PM PDT Reuters - ATHENS (Reuters) - Gunmen set fire to Microsoft's Greek headquarters in Athens overnight, police said on Wednesday, damaging the front of the building and forcing the U.S. software firm to suspend its operations in the city. "The van contained three inflammable gas canisters and five cans of gasoline," a police source said. The ground floor of the building suffered damage and the van was completely destroyed in the attack, which was carried out by at least two people and took place at about 0145 GMT. "There was extensive damage on the ground floor. ... Full Story | Top | Populist Japan mayor grooms candidates for national stage Tue,26 Jun 2012 11:16 PM PDT Reuters - OSAKA, Japan (Reuters) - Gathered in a hall in the city of Osaka, about 900 students at Toru Hashimoto's school for candidates listen raptly as the populist mayor issues a clarion call to shake up Japan's deadlocked politics in an election that could come this year. "It means nothing if you do not win. I don't know when it will be, but everyone, get ready," said a shirt-sleeved Hashimoto, wrapping up a speech in which he blasted mainstream parties, chided the media and pledged to speak for a silent majority. "Become warriors. Let's fight together. Let's change Japan. ... Full Story | Top | Gunmen storm pro-government Syrian TV channel Tue,26 Jun 2012 11:14 PM PDT Reuters - BEIRUT (Reuters) - Gunmen stormed the headquarters of a pro-government Syrian TV news channel on Wednesday morning, planted explosives and killed three employees, state media said. "The terrorists planted explosive devices in the headquarters of al-Ikhbariya following their ransacking of the satellite channel studios, including the newsroom which was entirely destroyed," the state media said. "Three colleagues were killed as a result of the brutal terrorist attack," it added, without giving details. The Syrian press is tightly regulated by the Ministry of Information. ... Full Story | Top | Refugee boat sinks; Australian PM aims to revive Malaysia plan Tue,26 Jun 2012 11:13 PM PDT Reuters - CANBERRA (Reuters) - The sinking of a second refugee boat between Indonesia and Australia's Christmas Island in less than a week prompted on Wednesday Australia's prime minister to try to revive a people-swap deal with Malaysia and end an impasse on asylum seekers. More than 120 people were rescued and up to 10 were missing after a crowded boat sank on Wednesday in the Indian Ocean on its way to Australia, less than a week after about 90 asylum seekers died when their boat sank in the same area. ...
Full Story | Top | Pena Nieto extends lead as Mexico vote nears Tue,26 Jun 2012 10:52 PM PDT Reuters - MEXICO CITY (Reuters) - Front-runner Enrique Pena Nieto holds a big lead over his rivals just days ahead of Mexico's presidential election, a voter survey by polling firm BGC showed on Wednesday. The poll for the July 1 ballot in newspaper Excelsior put support for Pena Nieto of the opposition Institutional Revolutionary Party (PRI) at 44 percent, up 2 points from a survey published on June 17. Leftist hope and 2006 runner-up Andres Manuel Lopez Obrador gained 1 point to 28 percent. Josefina Vazquez Mota, candidate of the ruling National Action Party (PAN), dropped 4 points to 25 percent. ...
Full Story | Top | Wildfires worsen in Colorado, 32,000 flee homes Tue,26 Jun 2012 10:52 PM PDT Reuters - COLORADO SPRINGS (Reuters) - A wildfire raging near some of Colorado's most popular tourist sites grew suddenly more ferocious on Tuesday, forcing 32,000 people from their homes, prompting evacuations from the U.S. Air Force Academy and swallowing numerous houses at the edge of Colorado Springs. From the vantage point of a command post about 10 miles from the path of advancing flames, the entire community of Mountain Shadows, a northwest subdivision, appeared to be enveloped in an orange glow after dark. ...
Full Story | Top | Merkel buries euro bonds as summit tension rises Tue,26 Jun 2012 10:29 PM PDT Reuters - BERLIN/PARIS (Reuters) - German Chancellor Angela Merkel sought to bury once and for all the idea of common euro zone bonds on Tuesday, saying Europe would not share total debt liability "as long as I live", as the bloc's big four finance ministers met to narrow differences on how to solve a worsening debt crisis. Two days before a crucial European Union summit, European Council President Herman Van Rompuy released a seven-page report on closer fiscal and banking union envisaging a euro zone treasury that would issue common debt in the medium term. ...
Full Story | Top | Migrant workers clash with police in south China Tue,26 Jun 2012 10:24 PM PDT Reuters - HONG KONG (Reuters) - Hundreds of Chinese migrant workers rioted and clashed with police this week in a fresh outbreak of social unrest in the economic powerhouse of Guangdong. The southern province of Guangdong, one of China's major coastal manufacturing zones, is home to a large population of migrant factory workers drawn from across China. But in recent years, perceived discrimination and abuse by authorities have triggered strikes, clashes and riots. ... Full Story | Top | Gabon to burn ivory stocks as elephant poaching surges Tue,26 Jun 2012 10:22 PM PDT Reuters - JOHANNESBURG (Reuters) - The central African nation of Gabon will burn its government stockpiles of ivory on Wednesday against the backdrop of a surge in the killing of elephants and rhinos across the continent to meet surging Asian demand. Conservation group WWF and TRAFFIC, which monitors the global wildlife trade, said in a statement the tusks and carvings would be set alight by Gabon's President Ali Bongo after they had been subjected to an independent audit to ensure none had been pilfered for illegal sale. ...
Full Story | Top | Thirty dead, 150,000 stranded in Bangladesh floods Tue,26 Jun 2012 10:17 PM PDT Reuters - DHAKA (Reuters) - Days of heavy rain in Bangladesh has set off flash floods and landslides which have killed more than 30 people and stranded about 150,000, police and officials said on Wednesday. Low-lying and densely populated Bangladesh is battered by torrential downpours during the wet season which began in the past few weeks, but one official said the rain this month was the heaviest for years. Fifteen people were killed in and around the southeastern port city of Chittagong while others were killed inland in an area known as the Chittagong Hill Tracts. ...
Full Story | Top | Falling oil prices put Iran over U.S. sanctions barrel Tue,26 Jun 2012 09:20 PM PDT Reuters - WASHINGTON (Reuters) - For most of this year, the threat of tough U.S. sanctions on Iran, the world's third-largest oil exporter, helped push crude oil prices higher and higher, adding a menacing headwind for struggling global economies. But in the past few weeks, a combination of higher output from Iran's rival Saudi Arabia and economic troubles in China and Europe have pushed oil prices down 25 percent, putting the threat of sanctions back squarely on Iran. As June 28 approaches - the day the law allows U.S. ... Full Story | Top | Acclaimed screenwriter Nora Ephron dead at 71 Tue,26 Jun 2012 09:01 PM PDT Reuters - LOS ANGELES (Reuters) - Oscar-nominated screenwriter Nora Ephron, known for romantic comedies "When Harry Met Sally" and "Sleepless in Seattle," as well as books and essays, has died in New York after battling leukemia. She was 71. Ephron, who had suffered from acute myeloid leukemia, died on Tuesday evening at New York's Presbyterian/Weill Cornell Medical Center surrounded by her family, they said in a statement. ...
Full Story | Top | Chavez sees no more cancer treatment on horizon Tue,26 Jun 2012 07:24 PM PDT Reuters - CARACAS (Reuters) - Venezuelan President Hugo Chavez said on Tuesday he sees no need for further treatment for the cancer that struck him last year just weeks after he had said medical tests showed him in good health. Although polls show Chavez comfortably ahead, any relapse in his undisclosed type of cancer could upend his October 7 re-election bid against opposition challenger Henrique Capriles. "I've already done what I need to do," Chavez said when asked if he planned to undergo any more cancer treatment. "At this moment, on the horizon that I can see ... ...
Full Story | Top | China sacks official, punishes others in forced abortion case Tue,26 Jun 2012 07:05 PM PDT Reuters - BEIJING (Reuters) - Chinese officials have fired a local family planning official and punished several others after a woman was forced to abort her seven-month pregnancy, sparking a firestorm domestically and around the world, China's government-run media reported. Feng Jianmei's abortion was portrayed in the Chinese and international press as an example of the extreme measures some officials would take to control China's population, even if it meant breaking Chinese law. China has used strict family planning policies since the 1970s to control its population, now at 1.34 billion. ... Full Story | Top | U.N. to release divisive report on Rwanda support for Congo rebels Tue,26 Jun 2012 06:36 PM PDT Reuters - UNITED NATIONS (Reuters) - The U.N. Security Council agreed on Tuesday to publish a controversial document implicating Rwanda's defense minister and several top military officials in backing an army mutiny in the east of the Democratic Republic of Congo, council diplomats said. The evidence contained in an addendum to a recent report by U.N. experts is the strongest yet to indicate high-level support within Rwandan President Paul Kagame's government for the so-called M23 rebellion against Congolese forces that has caused thousands to flee their homes in the east of the DRC. ... Full Story | Top | In Vietnam, a shipping line raises alarm over debt Tue,26 Jun 2012 06:12 PM PDT Reuters - HANOI (Reuters) - Shipping line Vinalines once symbolized the postwar promise of Vietnam when it began jockeying for global trade after the United States lifted sanctions on its former enemy in 1994. Today, it represents all that has gone wrong since then: a bloated behemoth with 18,000 workers, a fleet of loss-making ships and $2.1 billion in debt. In recent weeks, two senior executives have been arrested, its former chairman is on the run, and the firm has become a byword for mismanagement. ... Full Story | Top | U.S. condemns crackdown on Sudan protests Tue,26 Jun 2012 06:03 PM PDT Reuters - WASHINGTON (Reuters) - The United States on Tuesday condemned a crackdown on anti-government protests in Sudan that have spread throughout the capital, Khartoum. The unrest that began as isolated student protests over planned austerity measures in the Arab-African nation expanded over the past several days into larger and more volatile demonstrations. Riot police were ordered in to immediately stop the street uprising, firing tear gas and using batons on rock-throwing demonstrators. There have also been reports that protesters have been arrested, detained and beaten, the U.S. ... Full Story | Top | China's Wen offers $10 billion Latin America credit line Tue,26 Jun 2012 05:51 PM PDT Reuters - SANTIAGO (Reuters) - Chinese Premier Wen Jiabao wrapped up a tour of resource-rich Latin America on Tuesday by offering $10 billion in credit for infrastructure projects and calling for a joint push to combat protectionism. Wen proposed a free-trade deal with the Mercosur bloc and signed a series of investment accords during the trip to the region, a key source of agricultural and mineral commodities and a growing market for Chinese exports. "The Chinese government ... will continue to offer economic assistance to countries in the region that are interested," Wen told the U.N. ... Full Story | Top | Russia's Lavrov to attend Syria meeting, if it happens Tue,26 Jun 2012 05:32 PM PDT Reuters - UNITED NATIONS (Reuters) - Russian Foreign Minister Sergei Lavrov will attend a meeting on the escalating conflict in Syria that international mediator Kofi Annan is attempting to organize in Geneva this weekend, Russia's U.N. Ambassador Vitaly Churkin said on Tuesday. "Sergei Lavrov has officially accepted the invitation to come to the actual meeting in Geneva on Saturday, June 30," Churkin told reporters ahead of a closed-door meeting of the U.N. Security Council on Syria. "We attach great importance to this meeting." U.S. ... Full Story | Top | U.N. wants Africa's Kony hunters fully equipped by year-end Tue,26 Jun 2012 03:43 PM PDT Reuters - UNITED NATIONS (Reuters) - The United Nations wants an African Union force hunting fugitive warlord Joseph Kony and his Lord's Resistance Army (LRA) to be fully equipped by December, according to a U.N. strategy due to be presented to the world body's Security Council on Wednesday. The AU force, which has U.S. backing, aims to have a full strength of 5,000 troops from South Sudan, the Democratic Republic of Congo, the Central African Republic (CAR) and Uganda, but lacks equipment, training, food and transportation. ... Full Story | Top | U.S. intelligence sees few cracks in Assad's inner circle Tue,26 Jun 2012 03:40 PM PDT Reuters - WASHINGTON (Reuters) - Despite some military defections, Syrian President Bashar al-Assad's inner circle remains cohesive and the 16-month conflict with rebels is likely to be a drawn-out struggle, senior U.S. intelligence officials said on Tuesday. That assessment appears to dash any U.S. hopes that Assad, whose ouster Washington has called for, will fall soon of his own accord. The Obama administration has declined to intervene militarily in Syria, citing the lack of international backing and the country's sectarian divisions. ... Full Story | Top | Weeks of Serbian government talks near collapse Tue,26 Jun 2012 03:26 PM PDT Reuters - BELGRADE (Reuters) - Talks on forming a pro-reform coalition government in Serbia looked on the verge of collapse on Tuesday, raising the prospect of nationalists taking power in the country which is a candidate for European Union membership. Seven weeks after an inconclusive parliamentary election, the Democratic Party issued a statement late on Tuesday demanding that the Socialist-led bloc say whether its initial agreement to form a government still stands. ... Full Story | Top | Appeasing investors, Murdoch moves to split empire Tue,26 Jun 2012 02:42 PM PDT Reuters - NEW YORK/LONDON (Reuters) - Rupert Murdoch's News Corp took a major step in satisfying shareholders' concerns for a more growth-focused business with a plan to separate its publishing and entertainment assets, but an uncertain management structure for the two proposed companies raises new questions about a succession plan at the family-controlled media empire. Shareholders have been pressing News Corp to get rid of its troubled newspapers business after a phone hacking scandal tainted its British newspapers and forced the company to drop its proposed acquisition of pay-TV group BSkyB. ...
Full Story | Top | Cast out of Israel, South Sudanese face risky future Tue,26 Jun 2012 02:27 PM PDT Reuters - JUBA (Reuters) - Wearing low-slung ripped jeans, a silver cross and diamond-studded earrings, Marshan Mai cursed as he stepped off the aircraft back on to the land he left years ago. He was in the second group of South Sudanese migrants who arrived at Juba airport on Tuesday after being deported from Israel and who face an uncertain future back in their war-torn and impoverished country. "I don't want to be here. I didn't want to come back. I have nothing to do here," Mai said, as migrants carried laptops, toy cars, huge plasma screens and a guitar off the plane. ...
Full Story | Top | Assad says Syria at war as battle reaches capital Tue,26 Jun 2012 02:19 PM PDT Reuters - BEIRUT (Reuters) - Syrian President Bashar al-Assad declared on Tuesday that his country was at war and ordered his new government to spare no effort to achieve victory, as the worst fighting of the 16-month conflict reached the outskirts of the capital. Video published by activists recorded heavy gunfire and explosions in suburbs of Damascus. A trail of fresh blood on a sidewalk in the suburb of Qudsiya led into a building where one casualty was taken. A naked man writhed in pain, his body pierced by shrapnel. ...
Full Story | Top | Nigeria president replaces execs of state oil NNPC Tue,26 Jun 2012 02:14 PM PDT Reuters - ABUJA (Reuters) - Nigerian President Goodluck Jonathan is replacing the managing director of state oil company Nigerian National Petroleum Corp (NNPC) and three other senior directors on Tuesday, a presidency statement said. "To further strengthen the ongoing reforms ... and in furtherance of efforts to achieve greater transparency and accountability ... President Jonathan has approved the re-composition of the executive management team of the NNPC," the statement said. ... Full Story | Top | Mexico's Pena Nieto with big poll lead before election Tue,26 Jun 2012 01:54 PM PDT Reuters - MEXICO CITY (Reuters) - Mexico's presidential front-runner Enrique Pena Nieto maintained his wide lead over leftist Andres Manuel Lopez Obrador and his Institutional Revolutionary Party (PRI) could win a majority in Congress, a new poll less than a week before the election showed on Tuesday. The latest voter survey for the July 1 election by Consulta Mitofsky showed support for Pena Nieto at 38.4 percent, up 0.8 percentage points from a poll published last week by the firm. ...
Full Story | Top | Kuwaitis protest after elected parliament thrown out Tue,26 Jun 2012 01:46 PM PDT Reuters - KUWAIT (Reuters) - Thousands of Kuwaitis protested on Tuesday against a court ruling that effectively dissolved a parliament dominated by opposition Islamists and reinstated the previous, more government-friendly, assembly. They packed Erada square opposite parliament in the OPEC-oil producer and chanted "we will not surrender", after lawmakers decried the ruling as a coup against the constitution and called for protests. "We came here to say no to the previous parliament because its members were corrupt," said Khaled al-Khalifa, 24. "They stole the people's money. ... Full Story | Top | Romania probes plot to spare ex-PM jail with wound Tue,26 Jun 2012 01:27 PM PDT Reuters - BUCHAREST (Reuters) - Romanian prosecutors said on Tuesday they were investigating allegations that a doctor and three policemen helped former Prime Minister Adrian Nastase try to avoid jail after he shot and wounded himself last week. Nastase, 62, shot himself in the neck with a pistol when police came to take him to jail for corruption. But local media have questioned the seriousness of the wound given the lack of blood when he was in the ambulance, and suggested it may have been a ploy to keep him out of prison. ... Full Story | Top | Bomb explodes outside Tunisian consulate in Tripoli Tue,26 Jun 2012 01:07 PM PDT Reuters - TRIPOLI (Reuters) - A bomb exploded outside the Tunisian consulate in Tripoli on Tuesday, causing damage but no injuries, a Libyan security official said, the latest in a rash of attacks on foreign targets in the North African state. Libyan police had no information on the identity or motive of the attackers, and a consulate official declined to comment. ... Full Story | Top | Assad says Syria in a "real state of war" Tue,26 Jun 2012 12:59 PM PDT Reuters - BEIRUT (Reuters) - Syrian President Bashar al-Assad said on Tuesday his country was in a state of war and ordered his newly appointed government to direct all its efforts towards vanquishing the uprising against him. "We live in a real state of war from all angles," Assad told a cabinet he appointed on Tuesday in a speech aired on Syrian state television. "When we are in a war, all policies and all sides and all sectors need to be directed at winning this war." Assad dismissed the arguments of Western countries that have been calling for him to step aside. ... Full Story | Top | Italy's Monti wins confidence votes on labor reform Tue,26 Jun 2012 12:31 PM PDT Reuters - ROME (Reuters) - Italian Prime Minister Mario Monti on Tuesday won the first two of four confidence votes called to accelerate the passage of his labor reform that has been criticized by both by labor unions and the business establishment. The final two votes, and definitive approval of the reform, are due on Wednesday. If the government lost one of the votes Monti would have to resign. But the prime minister is considered certain to win, as the main parties backing his technocrat government have already promised their support, albeit often grudgingly. ... Full Story | Top | Russia says downing of Turkish plane not provocation Tue,26 Jun 2012 12:29 PM PDT Reuters - MOSCOW/AMMAN (Reuters) - Russia said on Tuesday Syria's shooting down of a Turkish warplane should not be seen as a provocation and warned world powers against using the incident to push for stronger action against Damascus. It was Moscow's first reaction to Friday's downing of a Turkish military aircraft by Syrian air defenses, which gave a new international dimension to the worsening conflict in Syria. Turkey's NATO allies condemned Syria's action as unacceptable but stopped short of threatening any military response. Turkey also plans to approach the U.N. Security Council. ... Full Story | Top | Egyptian "terrorist" group member was no threat: U.S. Tue,26 Jun 2012 12:08 PM PDT Reuters - WASHINGTON (Reuters) - A member of an Egyptian "terrorist" group who met U.S. officials in Washington this month despite U.S. law barring such visits did not pose a threat to the United States, the State Department said on Tuesday. Hani Nour Eldin, a member of Egypt's dissolved parliament, obtained a U.S. visa and meetings with U.S. officials despite his membership in Egypt's Gama'a al-Islamiyya, which the State Department deems a "foreign terrorist organization" (FTO). ... Full Story | Top | French spirit inspired me, Aung San Suu Kyi says Tue,26 Jun 2012 12:06 PM PDT Reuters - PARIS (Reuters) - France's revolutionary spirit, art, literature and even its onion soup served as an inspiration to Myanmar pro-democracy activist Aung San Suu Kyi during years of house arrest, she said on Tuesday. Asked in Paris, as she nears the end of a 17-day European tour, what a visit to France meant to her, Suu Kyi, who studied the French language and culture during 15 years confined to her home, responded: "Everything from Victor Hugo to onion soup. ...
Full Story | Top | Paraguay's Lugo says only miracle can reinstate him Tue,26 Jun 2012 12:04 PM PDT Reuters - ASUNCION (Reuters) - Ousted Paraguayan President Fernando Lugo said it would take a miracle for him to return to power after Congress forced him from office in a matter of hours last week in a move that prompted criticism and sanctions abroad. Lawmakers voted overwhelmingly on Friday to remove Lugo for failing to keep the peace after 17 police and peasant farmers died in clashes over a land eviction. The leftist leader was a year from completing a five-year term. His former vice president and one of his harshest critics, Federico Franco, replaced him as president. ...
Full Story | Top | At least two dead in north Mali clashes Tue,26 Jun 2012 11:53 AM PDT Reuters - BAMAKO (Reuters) - At least two people were killed in protests in the rebel-held northern Mali city of Gao on Tuesday when youths clashed with armed rebel fighters they accuse of killing a local councilor, hospital officials said. The violence comes after weeks of growing tensions between locals and the mix of separatist Tuareg-led rebels and al Qaeda-backed Islamists who seized the northern two-thirds of the West African country in April. ... Full Story | Top | Rescuers stand by as hope fades at collapsed Canada mall Tue,26 Jun 2012 11:34 AM PDT Reuters - (Reuters) - Rescue workers waited on Tuesday for specialized equipment to arrive at a collapsed shopping mall in the northern Ontario town of Elliot Lake, anxious to restart a three-day-old search for survivors as hope faded that anyone would be found alive. "We all understand the urgency and the need to save anyone who may still be trapped beneath the rubble while keeping rescuers safe," Elliot Lake Mayor Rick Hamilton said. ... Full Story | Top | France boosts minimum wage as spending freeze bites Tue,26 Jun 2012 11:15 AM PDT Reuters - PARIS (Reuters) - France's new government announced a cosmetic 2 percent increase in the minimum wage on Tuesday as it seeks to soften the blow from tax hikes and spending freezes to the struggling economy. President Francois Hollande is pushing for Europe to refocus away from austerity towards measures to boost growth and is relying at home largely on planned tax increases to shrink the public deficit within a target of 4.5 percent of gross domestic product by the end of 2012. ...
Full Story | Top | ESM top creditor status could be dropped-sources Tue,26 Jun 2012 10:53 AM PDT Reuters - BERLIN (Reuters) - A top ally of German Chancellor Angela Merkel told a closed-door party meeting on Tuesday that euro zone governments were discussing removing the preferred creditor status of the bloc's permanent rescue fund, possibly on an ad hoc basis, sources told Reuters. The move would address concerns of countries like Spain that fear private investors will be scared away from their bonds if an increasing share of overall debt is owed to fellow euro zone members who, as preferred creditors, would have to be paid off first in the event of a restructuring or default. ... Full Story | Top |
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