Saturday, June 30, 2012

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Saturday, June 30, 2012 12:16 AM PDT
Today's Reuters World News Headlines - Yahoo! News:
As Syria writhes, divided powers meet in Geneva
Fri,29 Jun 2012 08:48 PM PDT
Reuters -

A security person inspects a wrecked car at the site of an explosion outside Syria's highest court in central DamascusGENEVA (Reuters) - Foreign ministers of world powers gather in Geneva on Saturday to try and forge a common strategy to end the bloodshed in Syria, but differences between Russia and the West may thwart them. Kofi Annan, the former U.N. chief who is special international envoy on Syria, has been hoping for consensus on a plan for a unity government that, by excluding from the leadership figures deemed too divisive, would effectively mean President Bashar al-Assad stepping down. ...


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U.S. downplays Turkish troop moves near Syrian border
Fri,29 Jun 2012 08:48 PM PDT
Reuters - WASHINGTON (Reuters) - U.S. defense chiefs on Friday downplayed Turkey's deployment of troops and military vehicles toward its border with Syria, saying the movements didn't appear aimed at escalating tensions with Syrian President Bashar al-Assad. A Turkish official on Thursday described the movement as a precaution after Syrian air defenses shot down a Turkish warplane a week ago. U.S. Defense Secretary Leon Panetta noted that Turkey has maintained troops along the border. "And I wouldn't read too much into the movements that have been in the press," Panetta told reporters at the Pentagon. ... Full Story
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Russia, U.S. divided on Syria after talks
Fri,29 Jun 2012 08:48 PM PDT
Reuters - ST PETERSBURG, Russia (Reuters) - Russia said after talks with the United States that there was a chance of world powers finding common ground at a crisis meeting on Syria on Saturday but a U.S. State Department official said differences with Moscow over the conflict remained. Foreign Minister Sergei Lavrov said he had sensed a change in tone at talks on Friday evening with U.S. Secretary of State Hillary Clinton, a day after Washington rebuffed calls by Moscow for changes to international mediator Kofi Annan's plan to set up a national unity government in Syria. ... Full Story
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U.N. publishes report on Iran arms trade with Syria
Fri,29 Jun 2012 08:48 PM PDT
Reuters - UNITED NATIONS (Reuters) - A U.N. Security Council committee has published a report on Iranian sanctions violations, including shipments of weapons to Syria in breach of a U.N. ban on weapons exports by the Islamic Republic. The Security Council has imposed four rounds of sanctions on Iran for refusing to halt its nuclear enrichment program, which the United States, European Union and their allies suspect is at the heart of a weapons program. Iran rejects the allegation and refuses to halt what it says is a peaceful energy program. ... Full Story
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U.N. publishes report on North Korea sanctions violations
Fri,29 Jun 2012 08:06 PM PDT
Reuters - UNITED NATIONS (Reuters) - After more than a month's delay due to Chinese objections, the United Nations on Friday published a report on North Korea that says a panel of independent experts is investigating reports of possible North Korean arms deals with Syria and Myanmar. The 74-page report, which was seen by Reuters last month, says North Korea "continues actively to defy the measures in the (U.N. sanctions) resolutions." The so-called Panel of Experts submitted the report to the U.N. Security Council's North Korea sanctions committee last month. U.N. ... Full Story
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China to lead talks on nuclear definitions
Fri,29 Jun 2012 06:31 PM PDT
Reuters - WASHINGTON (Reuters) - China will lead talks among the five original nuclear-armed states to define arms control terms, the group said on Friday, a first for Beijing and a step that might ultimately bring greater clarity about its nuclear arsenal and strategy. A working group of the United States, Russia, Britain, France and China is expected to launch talks this summer on a glossary of nuclear terms, an arcane but necessary step for wider talks on disarmament. ... Full Story
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U.S. drops charges against Kuwaiti held at Guantanamo
Fri,29 Jun 2012 06:31 PM PDT
Reuters - MIAMI (Reuters) - The Pentagon dropped war crimes charges against a Kuwaiti prisoner at Guantanamo on Friday and a U.S. official said the United States and Kuwait were in talks about the possibility of repatriating the last two Kuwaitis held there. Kuwait is a U.S. ally and the Gulf state's parliament has condemned the continued detention of its citizens, Faiz al Kandari and Fawazi al Odah, at the Guantanamo Bay U.S. military base in Cuba, where both have been held for more than a decade. Kuwait's state news agency KUNA reported on Friday that a Kuwaiti delegation had held talks with U.S. ... Full Story
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Mercosur welcomes Venezuela, suspends Paraguay
Fri,29 Jun 2012 06:00 PM PDT
Reuters - MENDOZA, Argentina (Reuters) - The Mercosur trade bloc - which includes regional heavyweights Brazil and Argentina - will make Venezuela a full member next month, uniting South America's biggest grains and energy exporters. At a presidential summit on Friday, Mercosur's leftist leaders also decided to extend Paraguay's suspension over the ouster of President Fernando Lugo until democracy is restored via new elections, scheduled for April 2013. No economic sanctions were adopted against Paraguay but its officials will be banned from participating in Mercosur meetings. ... Full Story
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EU deal for Spain, Italy buoys markets but details sketchy
Fri,29 Jun 2012 04:59 PM PDT
Reuters -

European Council President Van Rompuy addresses a news conference after a European Union leaders summit in BrusselsBRUSSELS (Reuters) - Under pressure to prevent a catastrophic breakup of their single currency, euro zone leaders agreed on Friday to let their rescue fund inject aid directly into stricken banks from next year and intervene on bond markets to support troubled member states. They also pledged to create a single banking supervisor for euro zone banks based around the European Central Bank in a landmark first step towards a European banking union that could help shore up struggling member Spain. ...


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Egypt's first Islamist president to be sworn in
Fri,29 Jun 2012 04:41 PM PDT
Reuters -

A boy stands near t-shirts with images of elected president Mursi during a sit-in in CairoCAIRO (Reuters) - Egypt's President-elect Mohamed Mursi takes his oath on Saturday, a day after the Islamist leader pre-empted the formal ceremony by swearing himself in before ecstatic crowds in Tahrir Square and warning off generals trying to curb his powers. They have already clipped the prerogatives of the bearded leader now in the palace once occupied by Hosni Mubarak, who is serving a life sentence 16 months after Egyptians toppled him. ...


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Mexican election watchdog under pressure in Sunday's vote
Fri,29 Jun 2012 04:40 PM PDT
Reuters - MEXICO CITY (Reuters) - Mexico, a country long synonymous with vote-rigging, is better equipped than ever to prevent fraud in Sunday's national elections, according to experts, but voters still have grave doubts. The Federal Electoral Institute (IFE) will oversee the presidential vote that polls suggest will be won by the Institutional Revolutionary Party (PRI), whose frequently tainted elections helped it maintain power from 1929 to 2000. ... Full Story
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Factbox: Mexico's presidential candidates on the issues
Fri,29 Jun 2012 04:40 PM PDT
Reuters - MEXICO CITY (Reuters) - Mexico will elect a new president on Sunday, with Enrique Pena Nieto of the opposition Institutional Revolutionary Party (PRI) the clear favorite to win. Following are some of the policies of the three main candidates. ENRIQUE PENA NIETO, PRI (CENTRIST) * Open up state oil giant Pemex to more private investment, looking to Brazil's Petrobras as a model. He says he would consider a constitutional change to help lure more foreign investment into Mexico's energy industry. * Simplify the tax system to reduce the size of the informal economy and boost revenues. ... Full Story
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Strong quake hits remote western China: USGS
Fri,29 Jun 2012 04:38 PM PDT
Reuters -

A graphic locates the site of an earthquake in western ChinaBEIJING (Reuters) - A magnitude 6.3 quake struck a remote region of western China, close to the Kazakhstan border, early on Saturday, the U.S. Geological Survey (USGS) said. The quake, initially reported as a magnitude 6.5, struck at 5:07 a.m. on Saturday (2107 GMT on Friday), and was centered 94 miles southwest of the town of Shihezi in Xinjiang region. The official Xinhua news agency said there was strong shaking felt in regional capital Urumqi which lasted for about 10 seconds, causing some people to rush out of their houses and into the street. ...


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World Bank yanks funds for Bangladesh bridge
Fri,29 Jun 2012 04:01 PM PDT
Reuters - WASHINGTON (Reuters) - The World Bank on Friday canceled a $1.2 billion credit for a Bangladesh bridge project with immediate effect, saying it had "credible evidence" of a high-level corruption conspiracy among Bangladeshi government officials. "In light of the inadequate response by the government of Bangladesh, the World Bank has decided to cancel its $1.2 billion ... credit in support of the Padma multipurpose bridge project, effective immediately," the World Bank said in a statement. ... Full Story
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Iran's U.N. envoy criticizes U.S., EU over nuclear talks
Fri,29 Jun 2012 03:54 PM PDT
Reuters - NEW YORK (Reuters) - Western powers negotiating with Iran over its nuclear program have not been "serious enough" in their attempts to resolve an escalating stand-off with the Islamic Republic, Tehran's U.N. envoy said on Friday. Iran held what officials said were intense talks in Moscow earlier this month with the five permanent U.N. Security Council members and Germany - the so-called P5+1 - about its nuclear program, but a breakthrough once again failed to materialize. "It is clear for us that some members of the P5+1 for whatever reasons ... ... Full Story
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German parliament approves EU bailout fund
Fri,29 Jun 2012 03:53 PM PDT
Reuters - BERLIN (Reuters) - Germany's parliament resoundingly approved the euro zone's permanent bailout scheme and new budget rules on Friday, but legal hurdles remain and Chancellor Angela Merkel's concessions to euro zone partners Italy and Spain may make those harder to overcome. The outcome of the vote was never seriously in doubt after opposition parties agreed to back the budget rules, or "fiscal compact", in return for growth and job creation measures. Merkel needed their support to get a required two-thirds majority. ... Full Story
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Lagarde assures Mursi IMF ready to help Egypt
Fri,29 Jun 2012 03:51 PM PDT
Reuters - WASHINGTON (Reuters) - International Monetary Fund Managing Director Christine Lagarde called Egyptian President-elect Mohamed Mursi to discuss the economic challenges facing Egypt and how the international lender can best help, a spokesperson for the IMF said on Friday. "The MD reiterated that the IMF stands ready to support Egypt and looks forward to working closely with the authorities," the spokesperson said. She also congratulated Mursi on his election as president, "which represents an important step forward in Egypt's transition," the spokesperson said. ... Full Story
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U.S. charges Vietnamese man with helping Yemeni militants
Fri,29 Jun 2012 03:28 PM PDT
Reuters - (Reuters) - U.S. authorities on Friday announced terrorism-related charges against a Vietnamese man suspected of helping militants in Yemen affiliated with al Qaeda. Minh Quang Pham, 29, was charged with traveling from Britain to Yemen in December 2010, where federal prosecutors said he pledged allegiance to al Qaeda in the Arabian Peninsula (AQAP). The United States considers the Yemen-based group as a terrorist organization. Pham spent a year in Yemen before returning to Britain, according to an indictment unsealed on Friday in Manhattan federal court. ... Full Story
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IMF approves disbursement after first review of Afghan program
Fri,29 Jun 2012 03:23 PM PDT
Reuters - WASHINGTON (Reuters) - The International Monetary Fund on Friday approved an $18.2 million disbursement to Afghanistan following the first performance review of the country's new loan program. The IMF suspended the Afghan program in 2010 after reports of corruption, bad loans and mismanagement at Kabulbank, forcing the central bank to rake over the major lender. A new loan program was renegotiated in November 2011. The IMF has demanded that some of the assets of Kabulbank be recovered from shareholders, which include Afghanistan's elite including sitting ministers and an ex-warlord. ... Full Story
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U.S., Israeli military drill set for October-November
Fri,29 Jun 2012 02:41 PM PDT
Reuters - WASHINGTON (Reuters) - The United States and Israel are expected to hold a delayed, joint military exercise sometime around October or November, after postponing it earlier this year, the top U.S. military officer said on Friday. Army General Martin Dempsey, chairman of the Joint Chiefs of Staff, said he wasn't sure what the final decision was on timing after high-level talks in Israel this week. "We rescheduled it for October-November time frame," Dempsey said. "I really don't know what the final decision was, but it is our expectation that that's when the event will occur. ... Full Story
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WTO rules against U.S. in meat labeling case
Fri,29 Jun 2012 02:39 PM PDT
Reuters -

WTO Director General Lamy addresses a news conference on annual trade forecast and statistics in GenevaGENEVA/WINNIPEG, Manitoba (Reuters) - The World Trade Organization on Friday ruled a U.S. meat labeling program unfairly discriminated against Mexico and Canada, putting pressure on the United States to bring the scheme in line with global trade rules. The WTO Appellate Body said the U.S. country-of-origin labeling rules, commonly known as COOL, were wrong because they gave less favorable treatment to beef and pork imported from Mexico and Canada, the countries that brought the case, than to U.S. meat. ...


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Romania PM plagiarized thesis, panel says
Fri,29 Jun 2012 02:18 PM PDT
Reuters - BUCHAREST (Reuters) - A panel of Romanian academics concluded on Friday that Prime Minister Victor Ponta plagiarized a large part of his doctoral thesis, but Ponta said the finding was politically motivated and he would not resign. Plagiarism charges have forced several European politicians to quit: Hungary's president, a German defense minister who was tipped as a possible successor to Chancellor Angela Merkel, and the man Ponta nominated as education minister. ... Full Story
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U.S. to ship helicopter-plane to Japan, delay flight
Fri,29 Jun 2012 01:31 PM PDT
Reuters - WASHINGTON (Reuters) - The Pentagon said Friday it would start shipping 24 hybrid aircraft to Japan next month but would not fly them until final results of crash investigations confirmed for Tokyo that the helicopter-plane is safe. The Marine Corps' MV-22 tilt-rotor troop transport's troubled past has stirred safety concerns and protests on Okinawa, the southern Japanese island where the Pentagon intends to deploy it as part of a streamlined U.S. military presence. Long-running friction involving Okinawa has complicated the Obama administration's plans to boost the U.S. ... Full Story
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Greek militant group claims Microsoft attack
Fri,29 Jun 2012 01:01 PM PDT
Reuters -

A security guard stands near a damaged van outside the burnt entrance of Microsoft's Greek headquarters at Marousi suburb, north of AthensATHENS (Reuters) - A little-known leftist militant group claimed responsibility on Friday for an attack on Microsoft's Greek headquarters earlier this week. Hooded attackers rammed a van packed with gas canisters into the Microsoft building in Athens on Wednesday and then set the vehicle on fire, causing damage but no injuries. At least two people wielding pistols and a machinegun kept security guards away as they carried out the attack, police said. In a statement published on the Internet, the International Revolutionary Front said it singled out Microsoft to strike a blow at capitalism. ...


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Nigeria says arrests oil pipeline bomber
Fri,29 Jun 2012 12:56 PM PDT
Reuters - YENAGOA, Nigeria (Reuters) - Nigerian authorities said on Friday they had arrested the leader of a network of crude oil thieves in the Niger Delta responsible for several pipeline bombings against oil majors including Shell and ENI. Nigeria is the world's eighth biggest exporter of crude oil but thieves siphon off around a fifth of its output by drilling into pipelines, blasting them open or diverting crude at loading stations, sometimes with the connivance of security forces. ... Full Story
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Bomb explodes in Mexican city days before election
Fri,29 Jun 2012 12:49 PM PDT
Reuters - MEXICO CITY (Reuters) - An explosive device blew up inside a truck parked outside the town hall of Mexico's northern city of Nuevo Laredo on Friday, injuring seven people but causing no casualties, officials said. The blast comes two days before Mexico votes for a new president to replace Felipe Calderon, who has waged a 5-1/2-year battle against drug traffickers. Police did not immediately confirm whether the attack was drug-related but Mexican cartels have been increasingly using improvised explosive devices in cars. ... Full Story
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German lower house approves ESM bailout scheme
Fri,29 Jun 2012 12:48 PM PDT
Reuters - BERLIN (Reuters) - The lower house of Germany's parliament approved with an overwhelming majority on Friday the euro zone's permanent bailout scheme, the European Stability Mechanism (ESM), shortly after also backing the EU's new budget rules. The Bundestag backed the ESM by 493 votes, with 106 against and 5 abstentions. Those opposing the fund included some lawmakers from Chancellor Angela Merkel's conservative coalition unhappy about using German taxpayers' money to bail out struggling members of the euro zone such as Greece. ... Full Story
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German lower house approves EU's fiscal pact
Fri,29 Jun 2012 12:30 PM PDT
Reuters - BERLIN (Reuters) - The lower house of Germany's parliament, the Bundestag, resoundingly approved on Friday the EU's new fiscal compact that sets tough budget rules championed by Chancellor Angela Merkel. The compact was backed by 491 votes, with 111 votes against and six abstentions, meaning Merkel easily won the required constitutional two thirds majority. The outcome of the vote was never seriously in doubt after opposition parties agreed to back the fiscal compact in return for growth and job creation measures. ... Full Story
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Bombs kill at least 7 in Iraq, many wounded
Fri,29 Jun 2012 12:05 PM PDT
Reuters - BAGHDAD (Reuters) - Three bombings in the Shi'ite town of Balad, north of Baghdad, killed seven people on Friday, a hospital doctor said, in the latest in a series of attacks this month. Officials said the attacks occurred in quick succession after Friday prayers. Police colonel Hassan al-Baldawy said at least six people were killed and 45 wounded when a suicide bomber detonated an explosives vest in a market near a shrine in the center of the town and two motorcycle bombers struck near a post office and a police station. ... Full Story
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Sudan police teargas anti-government protesters
Fri,29 Jun 2012 12:03 PM PDT
Reuters - KHARTOUM (Reuters) - Sudanese police used teargas and batons on Friday to disperse hundreds of anti-austerity protesters chanting 'Freedom, freedom' and demanding the resignation of President Omar Hassan al-Bashir's government. Protests against spending cuts have spread outside the capital in the past two weeks, often accompanied by the chant "The people want the downfall of the regime" - the refrain of last year's Arab Spring demonstrators. ... Full Story
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"Conflict gold" trade continues in face of U.S. law
Fri,29 Jun 2012 11:59 AM PDT
Reuters -

Boys pan for gold on a riverside at Iga Barriere in eastern CongoMONGBWALU, Democratic Republic of Congo (Reuters) - Gold traders in the eastern Congo district of Ituri have heard of the Dodd-Frank act, or "Obama's law" as it's known here, but don't see why it's got anything to do with them. "I struggle to understand this Obama's law," says George Lobho, one of hundreds of traders operating out of tiny wooden shacks in the muddy streets of Mongbwalu. "What does it mean?" Ituri is one of many areas of the country to have experienced bitter ethnic conflict between rival tribes in recent years. Massacres have left tens of thousands dead. ...


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Inequality poses "grave threat" to South Africa: Zuma
Fri,29 Jun 2012 11:39 AM PDT
Reuters - JOHANNESBURG (Reuters) - South Africa's ruling ANC will push for greater state involvement in mining and land ownership to address inequalities inherited from apartheid that pose a "grave threat" to Africa's biggest economy, President Jacob Zuma said on Friday. Speaking at the end of a week-long African National Congress (ANC) policy meeting, Zuma said the capitalists who became rich under white-minority rule still held a disproportionate sway over the economy 18 years after its demise. ... Full Story
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Rousseff still popular despite Brazil's economic lull
Fri,29 Jun 2012 11:32 AM PDT
Reuters -

Argentina's President Cristina Fernandez de Kirchner and her Brazilian counterpart Dilma Rousseff pose for a photograph before the Mercosur trade bloc presidential summit in MendozaBRASILIA (Reuters) - President Dilma Rousseff is enjoying record approval ratings as Brazilians laud her efforts to lower interest rates and jumpstart the country's stalled economy, a poll showed Friday. The Rousseff administration's approval rating climbed to 59 percent, according to the poll by the National Industry Confederation (CNI) and the Ibope polling institute. That was a three-point increase from the previous survey in March. Rousseff's personal approval rating, already one of the highest for any elected leader worldwide, remained stable at 77 percent. ...


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Strauss-Kahn and wife have separated: source
Fri,29 Jun 2012 11:29 AM PDT
Reuters -

Former IMF chief Strauss-Kahn and wife Sinclair arrive at Charles-de-Gaulle airport in Roissy near ParisPARIS (Reuters) - Former International Monetary Fund chief Dominique Strauss-Kahn, who is facing a probe into his alleged involvement with a prostitution ring in France, and his wife have separated, a source said. Anne Sinclair, a wealthy heiress who recently relaunched her media career as a news editor at the Huffington Post's French edition, and Strauss-Kahn separated about a month ago and they are living in separate residences in Paris, said the source, who is close to Strauss-Kahn. ...


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UNESCO grants funding, Heritage status to Bethlehem
Fri,29 Jun 2012 11:18 AM PDT
Reuters - ST PETERSBURG, Russia (Reuters) - UNESCO granted endangered World Heritage status and funding for repairs to the site revered by Christians as Jesus's birthplace in the West Bank city of Bethlehem, despite objections from the United States and Israel. Thirteen of the 21 members of the World Heritage Committee voted in favor of the move at a meeting on Friday in St. Petersburg, Russia. The decision was met by a standing ovation. Six members voted against and two abstained. ... Full Story
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Ireland's former richest man escapes jail term
Fri,29 Jun 2012 11:12 AM PDT
Reuters - DUBLIN (Reuters) - Bankrupt former billionaire Sean Quinn, once Ireland's richest man, was spared the indignity on Friday of being the first person jailed in connection with the country's economic collapse, but was ordered to reveal his remaining assets. Ireland's High Court warned Quinn he could still face punitive measures, including imprisonment, if he fails to cooperate with an investigation into assets his creditors say he is hiding abroad. ... Full Story
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Tanzania must stop re-flagging Iran tankers: U.S. lawmaker
Fri,29 Jun 2012 10:39 AM PDT
Reuters - WASHINGTON (Reuters) - Tanzania must stop the practice of "re-flagging" Iranian oil tankers or it will face the threat of U.S. sanctions and damage its ties with Washington, a U.S. lawmaker warned on Friday. Howard Berman, the ranking member of the House Committee on Foreign Affairs, accused Tanzania of reflagging at least six and possibly as many at 10 tankers owned by the National Iranian Tanker Company. "This action by your government has the effect of assisting the Iranian regime in evading U.S. ... Full Story
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Ex-Yugoslav Montenegro starts EU accession talks
Fri,29 Jun 2012 10:33 AM PDT
Reuters - BRUSSELS (Reuters) - The European Union started accession talks with the tiny Adriatic Sea state of Montenegro on Friday, in an effort to persuade other countries in the western Balkans that democratic reforms pay off. Negotiations will likely take years before the former Yugoslav republic of 680,000 people can become an EU member, and will require Podgorica to make sweeping improvements to its judicial system and to curb corruption and organized crime. "Montenegro already did a lot. But much more still needs to be done. This next phase ... ... Full Story
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Canada growth picture brightens on oil output rebound
Fri,29 Jun 2012 10:08 AM PDT
Reuters -

Construction workers work on building new homes in Calgary, AlbertaOTTAWA (Reuters) - The Canadian economy grew by a surprisingly strong 0.3 percent in April, mainly due to a rebound in oil output, signaling growth in the second quarter might be solid but not rapid enough to jolt the central bank into raising interest rates. Declines in retail sales and manufacturing had led to expectations that Statistics Canada would report a tepid reading on real gross domestic product on Friday. The median prediction in a Reuters survey was for 0.2 percent growth, and nine of 22 forecasts were for 0.1 percent or less. The economy had shrunk by 0. ...


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Timeline: Mursi to be sworn in as Egypt's president
Fri,29 Jun 2012 10:06 AM PDT
Reuters - (Reuters) - Here is a look at events leading up to Mohamed Mursi's inauguration on Saturday as Egypt's first Islamist, civilian president. January 25, 2011 - Anti-government demonstrations erupt across Egypt following the January 14 overthrow of Tunisia's president in the first of a series of Arab uprisings. January 28 - Mubarak, who has been president since 1981, orders troops and tanks into cities to quell protests, but the army takes a neutral stance, unlike the police who now fade away. January 31 - New government is sworn in with former air force commander Ahmed Shafik as prime minister. ... Full Story
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