Sunday, May 27, 2012

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Sunday, May 27, 2012 8:30 PM PDT
Today's Politics - Bloomberg News Headlines - Yahoo! News:
Republican resigns from labor board in ethics flap
Sun,27 May 2012 07:36 PM PDT
Reuters - WASHINGTON (Reuters) - Terence Flynn resigned as a member of the National Labor Relations Board two months after an investigation found that he allegedly disclosed non-public information about the panel, the agency said on Sunday. One of two Republicans on the five-member politically embattled board, Flynn was named as a recess, or short-term, appointee by President Barack Obama in January. He submitted his resignation on Saturday in a letter to NLRB Chairman Mark Pearce. Flynn also requested that his formal nomination to the NLRB, which the Senate has yet to confirm, be withdrawn. ... Full Story
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Britain's Blair faces grilling over ties to Murdoch
Sun,27 May 2012 07:35 PM PDT
Reuters -

Former British Prime Minister Tony Blair speaks during an interview with Reuters in LondonLONDON (Reuters) - Tony Blair's decision to openly court Rupert Murdoch to win power and ensure favorable coverage during his decade-long tenure as British prime minister will come under scrutiny when he faces a media inquiry on Monday. The inquiry, ordered by Prime Minister David Cameron after Murdoch's now defunct News of the World tabloid admitted hacking phones, has tarnished Britain's elite by laying bare the collusion between politicians, the police and the media. ...


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China's Huawei, ZTE face EU action on telecom subsidies: FT
Sun,27 May 2012 06:28 PM PDT
Reuters - HONG KONG (Reuters) - The European Union is set to launch a major trade case against China's biggest telecom equipment makers, arguing that they have benefited from illegal government subsidies, the Financial Times said. The EU told member states it had been gathering evidence for an anti-dumping case against Huawei Technologies Co Ltd and ZTE Corp, saying that they had obtained illegal government subsidies and sold products in the EU below cost, the newspaper said, quoting unidentified EU officials and executives. ... Full Story
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U.N. Security Council condemns Syria over massacre
Sun,27 May 2012 04:51 PM PDT
Reuters -

A young protester demonstrates in Chicago in opposition to the Syrian regimeAMMAN/UNITED NATIONS (Reuters) - The U.N. Security Council on Sunday unanimously condemned the killing of at least 108 people, including many children, in the Syrian town of Houla, a sign of mounting outrage at the massacre that the government and rebels blamed on each other. Images of bloodied and lifeless young bodies, laid carefully side by side after the onslaught on Friday, triggered shock around the world and underlined the failure of a six-week-old U.N. ceasefire plan to stop the violence. ...


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Blair faces grilling over ties to Murdoch
Sun,27 May 2012 04:34 PM PDT
Reuters -

Former British Prime Minister Tony Blair arrives for Queen Elizabeth's address to both Houses of Parliament at Westminster Hall in LondonLONDON (Reuters) - Tony Blair's decision to openly court Rupert Murdoch to win power and ensure favourable coverage during his decade-long tenure as British prime minister will come under scrutiny when he faces a media inquiry on Monday. The inquiry, ordered by Prime Minister David Cameron after Murdoch's now defunct News of the World tabloid admitted hacking phones, has tarnished Britain's elite by laying bare the collusion between politicians, the police and the media. ...


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Britain's Blair faces grilling over ties to Murdoch
Sun,27 May 2012 04:07 PM PDT
Reuters - LONDON (Reuters) - Tony Blair's decision to openly court Rupert Murdoch to win power and ensure favorable coverage during his decade-long tenure as British prime minister will come under scrutiny when he faces a media inquiry on Monday. The inquiry, ordered by Prime Minister David Cameron after Murdoch's now defunct News of the World tabloid admitted hacking phones, has tarnished Britain's elite by laying bare the collusion between politicians, the police and the media. ... Full Story
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Egypt presidential election body weighs complaints
Sun,27 May 2012 03:24 PM PDT
Reuters -

Deputy head of the Muslim Brotherhood El-Erian talks during a news conference in CairoCAIRO (Reuters) - Egypt's election committee on Sunday considered complaints about a presidential poll that has left voters with what many see as a painful run-off choice between an Islamist apparatchik and a throwback to Hosni Mubarak's era. Both contenders are seeking to lay claim to the mantle of the "revolution" that toppled Mubarak 15 months ago, and to appeal to the many Egyptians who picked more centrist figures in last week's first round. ...


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U.N. Security Council condemns Syria over massacre
Sun,27 May 2012 03:09 PM PDT
Reuters - UNITED NATIONS (Reuters) - The U.N. Security Council on Sunday unanimously condemned the Syrian government for heavy-weapons attacks on the town of Houla, the site of a massacre of at least 108 people, including many children, the council president said. ... Full Story
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Fresh from defeat, Serbia's Tadic poised for PM
Sun,27 May 2012 02:35 PM PDT
Reuters - BELGRADE (Reuters) - Serbia's Boris Tadic, fresh from defeat in a presidential election a week ago, put himself forward on Sunday as his party's candidate for the more powerful post of prime minister at the helm of a renewed centre-left coalition. After eight years as president, Tadic lost his bid for re-election to rightist opposition leader Tomislav Nikolic, a former leader of the ultranationalist Radical Party who says he now shares the goal of taking Serbia into the European Union. ... Full Story
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Spain may recapitalize Bankia with government debt: source
Sun,27 May 2012 02:21 PM PDT
Reuters -

Pedestrians are reflected in the Bankia headquarters building in MadridMADRID (Reuters) - Spain may recapitalize Bankia with Spanish government bonds in return for shares in the bank which last week asked for rescue funding of 19 billion euros ($24 billion), a government source said on Sunday. Bankia could use the sovereign paper as collateral to get cash from the European Central Bank, forcing the ECB to get involved with restructuring Spain's banking sector, laid low by lending to property developers in a boom that ended in 2008. ...


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U.N. confirmed use of heavy artillery, tank shells in Houla
Sun,27 May 2012 02:08 PM PDT
Reuters - UNITED NATIONS (Reuters) - U.N. observers in Syria have confirmed that artillery and tank shells were fired at a residential area of Houla, Syria, where at least 108 people, including many children, were killed, the U.N. chief said on Sunday in a letter to the Security Council. The letter from Secretary-General Ban Ki-moon, which was obtained by Reuters, said the observers "viewed the bodies of the dead and confirmed from an examination of ordnance that artillery and tank shells were fired at a residential neighborhood. ... Full Story
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U.N. says estimates at least 108 dead in Syria massacre
Sun,27 May 2012 01:29 PM PDT
Reuters - UNITED NATIONS (Reuters) - The United Nations believes that at least 108 people were killed in a massacre in the Syrian town of Houla that the world body has blamed on the Syrian army, the U.N. peacekeeping chief Herve Ladsous said on Sunday. Earlier, a diplomat said that General Robert Mood, head of the U.N. observer mission in Syria, told a closed-door meeting via video link from Damascus that at least 116 had died. They later clarified that the 116 figure was actually the rebel Free Syrian Army's estimate, diplomats said. ... Full Story
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Shelling on Syria opposition center kills 30: activists
Sun,27 May 2012 01:08 PM PDT
Reuters - AMMAN (Reuters) - At least thirty people were killed on Sunday when Syrian army tanks shelled residential neighborhoods in the city of Hama that have been serving as bases for rebel attacks against loyalist forces, opposition activists said. The reports could not be verified independently. Opposition sources said the shelling began in the morning on areas near the northern entrance of Hama, after a series of rebel attacks on army roadblocks in the city, and resumed in the evening on the southern al-Malaab district. ... Full Story
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Nepal faces fresh turmoil after charter deadline missed
Sun,27 May 2012 12:43 PM PDT
Reuters -

Nepalese PM Baburam Bhattarai addresses the nation from his official residence to declare fresh elections for November 22, 2012 for the Himalayan republic after political parties failed to finalize the new constitution, in KathmanduKATHMANDU (Reuters) - Nepal's warring political parties failed to meet a midnight deadline to agree on a new constitution on Sunday, plunging the Himalayan republic into further uncertainty, but the government moved quickly to defuse the crisis with a call for elections. A new constitution was widely seen as crucial to ending the instability that has plagued Nepal since the end of a Maoist-led civil war in 2006 and subsequent overthrow of the monarchy, but it has been thwarted by demands for the country to be divided into states along ethnic lines. ...


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Syria opposition criticizes U.N. on Houla massacre
Sun,27 May 2012 12:12 PM PDT
Reuters - AMMAN (Reuters) - Opposition activists in Syria on Sunday criticized U.N. observers for failing to take action to prevent the massacre of at least 109 people in the town of Houla. They also criticized the U.N mission for not condemning President Bashar al-Assad's forces for the killings on Friday. Syrian authorities have denied responsibility, blaming "terrorists" for the massacre. "The observers' delegation remained helpless and did not take an initiative to intervene, except to count the victims the day after the massacre just as the U.N. ... Full Story
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U.N. Security Council meets on Syria massacre, Russia skeptical
Sun,27 May 2012 12:10 PM PDT
Reuters - UNITED NATIONS (Reuters) - The U.N. Security Council met on Sunday to discuss the recent massacre in the Syrian town of Houla, which the United Nations has blamed on the Syrian government but Damascus and Moscow suggested was due to a rebel attack. At least 116 people, including many children, were killed in the Houla attack, the head of the U.N. observer mission in Syria General Robert Mood told the 15-nation council, according to a diplomat who was in the closed-door meeting. The diplomat spoke to Reuters on condition of anonymity. Russian Deputy U.N. ... Full Story
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No strict sharia in Mali's independent north: MNLA rebels
Sun,27 May 2012 11:45 AM PDT
Reuters - DAKAR (Reuters) - Malian rebels who declared an independent Islamic state in the country's north said on Sunday they would impose sharia but not in a strict form. The National Movement for the Liberation of Azawad (MNLA), which has fought to make Mali's northern Azawad region an autonomous state, on Saturday signed an agreement to merge with Islamist Ansar Dine rebels seeking to impose sharia across Mali. A mix of rebels have occupied the northern two-thirds of Mali since a March 22 coup led to a collapse of army resistance. ... Full Story
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Syria massacre deserves condemnation: Russian diplomat
Sun,27 May 2012 11:44 AM PDT
Reuters - MOSCOW (Reuters) - A senior Russian diplomat said on Sunday the massacre of civilians in the Syrian town of Houla "deserves condemnation" but that it was too early to say who was to blame. "The tragic events in Syria and the deaths of tens of people deserve condemnation. However it is necessary to seriously examine the causes of what happened," Deputy Foreign Minister Gennady Gatilov said on Twitter. "Let's wait for the objective evaluations of the U.N. mission," he said. The U.N. Security Council was meeting later on Sunday to discuss the killings of at least 109 people. ... Full Story
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Moscow police arrest dozens at Occupy-style rally
Sun,27 May 2012 11:32 AM PDT
Reuters - MOSCOW (Reuters) - Police detained dozens of opposition protesters on Sunday at an Occupy-style rally against President Vladimir Putin in central Moscow. Activists gathered near Red Square in front of the Kremlin and walked toward the popular Arbat pedestrian district, but were detained upon reaching the sit-in protest which began earlier this month. Witnesses said riot police treated protesters who resisted roughly. "One man in his 50s was grabbed and carried away by his arms and legs. ... Full Story
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Iran not ready for visit to suspect nuclear site
Sun,27 May 2012 11:01 AM PDT
Reuters -

Iran's chief negotiator Saeed Jalili addresses a news conference after a meeting in BaghdadDUBAI (Reuters) - The U.N. nuclear watchdog has not yet given good enough reasons to visit an Iranian site where it suspects there may have been experiments for developing nuclear weapons, Iranian media said. The Parchin complex is at the centre of Western suspicions that Iran is developing a nuclear weapons capability despite Tehran's repeated denials of any such ambition. A report from the International Atomic Energy Agency (IAEA) last week said satellite images showed "extensive activities" at Parchin. ...


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Hezbollah "deplores" Houla massacre in Syria
Sun,27 May 2012 10:55 AM PDT
Reuters - BEIRUT (Reuters) - The Shi'ite guerrilla group Hezbollah, President Bashar al-Assad's main Lebanese ally, said on Sunday it deplored the Houla massacre in neighboring Syria. Without assigning a blame for the killings of at least 109 civilians in Houla in central Syria, a statement by Hezbollah said it "strongly condemns the massacre and deplores those who carried it out". ... Full Story
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White House: Houla killings a "vile testament" to Syria regime
Sun,27 May 2012 10:19 AM PDT
Reuters - WASHINGTON (Reuters) - The White House said on Sunday it was horrified by the credible reports of brutal attacks on women and children in Houla, Syria, calling the acts further evidence of an inhuman and illegitimate Syrian government. "These acts serve as a vile testament to an illegitimate regime that responds to peaceful political protest with unspeakable and inhuman brutality," a White House spokesman said. (Reporting by Jeff Mason; Editing by Philip Barbara) Full Story
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NATO has fight on its hands in Afghanistan: Panetta
Sun,27 May 2012 10:17 AM PDT
Reuters -

U.S. Secretary of Defense Panetta testifies next to U.S. Secretary of State Clinton, and the Chairman of the Joint Chiefs of Staff Dempsey, at the Senate Foreign Relations Committee in WashingtonWASHINGTON (Reuters) - NATO forces still have a fight on their hands in Afghanistan, where the Taliban has displayed resilience although its fighters have not regained territory they lost during the decade-long war, Defense Secretary Leon Panetta said on Sunday. Panetta said plans for foreign troops to hand over security responsibilities to Afghan forces starting in mid-2013 were on track and necessary to ensure that the Taliban, which governed Afghanistan before the U.S.-led invasion, is kept at bay. U.S. President Barack Obama, who ordered a surge of U.S. ...


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Merkel's lead over German opposition slumps: poll
Sun,27 May 2012 09:35 AM PDT
Reuters -

German Chancellor Merkel arrives at Chancellery for talks in BerlinBERLIN (Reuters) - Chancellor Angela Merkel's conservatives saw their lead over the main centre-left opposition party crumble in the sharpest one-week shift in German voter sentiment in seven years, an opinion poll showed on Sunday. An eight percentage point lead by Merkel's Christian Democrats (CDU/CSU) over the centre-left Social Democrats (SPD) fell to just two points during a week that saw the chancellor face pressure over the euro crisis and domestic turmoil, according to the Emnid poll. ...


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Bahrain convicts six of plotting with Iran
Sun,27 May 2012 09:35 AM PDT
Reuters - DUBAI (Reuters) - A Bahraini court on Sunday sentenced six people to 15 years in jail each for plotting with Shi'ite Iran to stage attacks on targets including the Saudi embassy and the Interior Ministry, the official BNA news agency and a lawyer said. Bahrain, a U.S. ally and home to the U.S. Fifth Fleet, has been in turmoil since pro-democracy protests led by majority Shi'ites erupted last year after revolts in Egypt and Tunisia. The Sunni-led island, along with fellow Gulf Arab countries, have accused Iran of being behind the unrest which continues to rock the country. ... Full Story
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Bowles: Not interested in top Treasury job
Sun,27 May 2012 09:17 AM PDT
Reuters -

Bowles departs after a U.S. Joint Select Committee on Deficit Reduction hearing on Capitol Hill in WashingtonWASHINGTON (Reuters) - Former White House chief of staff Erskine Bowles, whose name has surfaced as a potential successor to U.S. Treasury Secretary Timothy Geithner, said on Sunday he does not want the job and has not been asked by Democratic President Barack Obama. "I don't want a job. Thank you," Bowles said on the CNN news program "Fareed Zakaria GPS." Economists, investors and veterans of past administrations are weighing potential successors to Geithner, who has said he is leaving the post even if Obama wins a second term in the November 6 election. ...


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Lawmakers work with Simpson-Bowles for tax deal
Sun,27 May 2012 08:58 AM PDT
Reuters -

Bowles and Simpson take their seats to testify before the U.S. Joint Select Committee on Deficit Reduction during a hearing on Capitol Hill in WashingtonWASHINGTON (Reuters) - Two respected former lawmakers whose names have become synonymous with bipartisan compromise in a highly divisive Congress are meeting with dozens of lawmakers to forestall a potential year-end fiscal crisis dubbed "taxmageddon." Former Democratic White House chief of staff Erskine Bowles said he and former Republican Senator Alan Simpson, are working with a bipartisan group of 47 Senators and as many House members to frame a compromise on $7 trillion in looming fiscal decisions, Bowles said on CNN's news program, "Fareed Zakaria GPS. ...


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France Telecom acquires 94 percent of Egypt's Mobinil: bourse
Sun,27 May 2012 08:33 AM PDT
Reuters - CAIRO (Reuters) - France Telecom acquired 94 percent of Egyptian mobile phone company Mobinil in a tender offer, Egypt's stock exchange said on Sunday, giving the French group control of a top sector player in a volatile but lucrative emerging market. Mobinil, founded by Egyptian businessman Naguib Sawiris, vies with Vodafone Egypt for dominance of Egypt's mobile market, which was buffeted by political headwinds after an uprising ousted President Hosni Mubarak last year. ... Full Story
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Egypt presidential election body weighs complaints
Sun,27 May 2012 08:28 AM PDT
Reuters -

People walk under giant campaign election billboards of presidential candidates former prime minister Ahmed Shafiq, and Mohamed Mursi, the head of the Muslim Brotherhood's political party in CairoCAIRO (Reuters) - Egypt's election committee on Sunday considered complaints about a presidential poll that has left voters with what many see as a painful run-off choice between an Islamist apparatchik and a throwback to Hosni Mubarak's era. Both contenders are seeking to lay claim to the mantle of the "revolution" that toppled Mubarak 15 months ago, and to appeal to the many Egyptians who picked more centrist figures in last week's first round. ...


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France Telecom acquires 94 pct of Egypt's Mobinil: bourse
Sun,27 May 2012 08:00 AM PDT
Reuters -

A man walks past a Mobinil branch in downtown CairoCAIRO (Reuters) - France Telecom acquired 94 percent of Egyptian mobile phone company Mobinil in a tender offer, Egypt's stock exchange said on Sunday, giving the French group control of a top sector player in a volatile but lucrative emerging market. Mobinil, founded by Egyptian businessman Naguib Sawiris, vies with Vodafone Egypt for dominance of Egypt's mobile market, which was buffeted by political headwinds after an uprising ousted President Hosni Mubarak last year. ...


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Dozens held after skirmishes at Moscow gay rallies
Sun,27 May 2012 07:55 AM PDT
Reuters - MOSCOW (Reuters) - Dozens of people were detained in Moscow on Sunday after Russian Orthodox Church activists broke up two gay rights protests, throwing water and shouting prayers at demonstrators. Some Orthodox activists threw punches at the protesters, grabbed their rainbow flags - the symbol of the gay rights movement - and trampled on them in front of television cameras. Skirmishes took place at both protests, outside the city hall and parliament. Neither rally was sanctioned by Moscow authorities. ... Full Story
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Lessons from the Rock for Europe's banks
Sun,27 May 2012 07:07 AM PDT
Reuters - LONDON (Reuters) - In November 2010, rumors swirled through financial markets that Spanish bank BBVA was suffering a run on its deposits. The share price fell before excitable traders realized they had made a mistake. In fact the bank was holding a "fun run" in Madrid and customers had lined up outside its branches to get their T-shirts. In a jittery market, talk spread quickly and few things worry bank investors and customers more than talk of a run. Nervous times have returned to the euro zone, and customers are worrying again about whether their savings are safe. ... Full Story
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Egypt jails Mubarak aide for graft
Sun,27 May 2012 06:16 AM PDT
Reuters - CAIRO (Reuters) - A Cairo criminal court on Sunday sentenced ousted President Hosni Mubarak's former chief of staff to seven years in jail and fined him 36.4 million Egyptian pounds ($6 million) on charges of making illegal gains, the state news agency MENA said. Zakaria Azmi has been held since April 2011 on charges of amassing wealth unlawfully. He is among several officials from Mubarak's administration detained on corruption and other charges. ... Full Story
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Egypt jails Mubarak aide for graft
Sun,27 May 2012 06:15 AM PDT
Reuters - CAIRO (Reuters) - A Cairo criminal court on Sunday sentenced ousted President Hosni Mubarak's former chief of staff to seven years in jail and fined him 36.4 million Egyptian pounds on charges of making illegal gains, the state news agency MENA said. Zakaria Azmi has been held since April 2011 on charges of amassing wealth unlawfully. He is among several officials from Mubarak's administration detained on corruption and other charges. ... Full Story
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Eight Afghan civilians said killed in NATO airstrike
Sun,27 May 2012 06:13 AM PDT
Reuters - KHOST, Afghanistan (Reuters) - Eight members of an Afghan family, including six children and two women, were killed in a NATO airstrike in eastern Afghanistan, local authorities said on Sunday, although the NATO-led coalition said there was no evidence of any civilian casualties. The strike took place in the Gerda Serai district of Paktia late on Saturday, the provincial governor's spokesman, Rohullah Samon, said as foreign and Afghan security forces try to quell Taliban and Haqqani network insurgents active in the area. ... Full Story
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BBC presenter arrested in Zimbabwe, lawyer says
Sun,27 May 2012 06:07 AM PDT
Reuters - HARARE (Reuters) - A BBC radio presenter has been arrested in Zimbabwe and charged with working without a permit, his lawyer told Reuters on Sunday. Petroc Trelawny was detained in Bulawayo, Zimbabwe's second city, on Thursday while attending an arts festival, Munyaradzi Nzarayapenga said. The presenter, who denies the charges, was sent to hospital after falling and fracturing his arm while in custody and is likely to appear in court on Monday, the lawyer said. "He maintains it was purely an accident. He tripped and fell," Nzarayapenga said. ... Full Story
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Protests erupt in Syria after massacre, 2 killed
Sun,27 May 2012 06:01 AM PDT
Reuters - AMMAN (Reuters) - Syrian forces shot dead at least two men on Sunday as protests broke out to condemn a massacre that killed at least 109 civilians, many of them children, in the town of Houla, opposition activists said. The two were killed in the Damascus suburbs of Yalda and Daraya, home to thousands of refugees who have fled a military crackdown on the central province of Homs. ... Full Story
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Merkel party urges opposition to back fiscal pact
Sun,27 May 2012 05:33 AM PDT
Reuters - BERLIN (Reuters) - A top ally of Chancellor Angela Merkel's conservatives appealed to the opposition Social Democrats and Greens on Sunday to refrain from "playing political games" and back the government to endorse Europe's new fiscal pact and permanent bailout fund. The SPD and their allies the Greens - making common cause with France's new Socialist President Francois Hollande and some other EU leaders - say the pact must be accompanied by new measures to promote growth and investment in Europe. ... Full Story
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At least 22 militants killed in Yemeni fighting
Sun,27 May 2012 05:12 AM PDT
Reuters - ADEN (Reuters) - At least 22 Islamist militants were killed in overnight clashes and an air strike in southern Yemen, where government troops are fighting rebels linked to al Qaeda, a local official and residents said on Sunday. Around 15 of the dead were killed in fighting north of the militant stronghold of Jaar, a town in Abyan province that has been controlled by the militants since last year. ... Full Story
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Greek sex industry battered by economic storm
Sun,27 May 2012 05:11 AM PDT
Reuters - ATHENS (Reuters) - Greece's once-thriving sex industry has become the latest victim of the country's debt crisis as Greeks spend less on erotic toys, pornography and titillating underwear. About 50 people, almost all young men, lined up on Friday as the Athens Erotic Dream - Greece's biggest sex fair - opened its gates in a nondescript building squeezed against a highway on the outskirts of the capital. The annual show attracted big crowds when it opened in 2008, at the height of Greece's debt-fuelled economic bubble. ... Full Story
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