Wednesday, April 25, 2012

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Wednesday, April 25, 2012 8:30 PM PDT
Today's Reuters World News Headlines - Yahoo! News:
Bo bugged phone call to China President Hu: report
Wed,25 Apr 2012 07:50 PM PDT
Reuters - BEIJING (Reuters) - A wiretapping network run by Chongqing officials was detected on a phone call made to Chinese President Hu Jintao in August, a discovery that helped topple the city's ambitious party chief Bo Xilai, the New York Times reported. The Times report said nearly a dozen sources with Communist Party ties had confirmed the wiretapping and the widespread bugging program. The Party's official version of events has omitted the tapped call by a visiting Chinese minister to Hu in August. If true, the report confirms rumors of the incident that had spread since Bo's ouster in March. ... Full Story
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Japan ruling party's Ozawa found not guilty on funding scandal
Wed,25 Apr 2012 06:12 PM PDT
Reuters -

Japan's Prime Minister Noda attends a joint news conference with leaders of Mekong region nations at the Japan-Mekong summit in TokyoTOKYO (Reuters) - A Japanese court on Thursday acquitted ruling party heavyweight Ichiro Ozawa of charges of violating fund-raising law, further complicating Prime Minister Yoshihiko Noda's task of preserving party unity and pushing through his contentious tax hike plan. If upheld, the Tokyo district court decision could help the 69-year old former party leader, who opposes Noda's plan to double the sales tax and leads the party's biggest faction, contest the scheme and challenge Noda's leadership. ...


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Bo's brother resigns from China Everbright board
Wed,25 Apr 2012 05:34 PM PDT
Reuters -

(Blank Headline Received)HONG KONG (Reuters) - The fallout from the ouster of former Chongqing party leader Bo Xilai spread after his brother resigned as vice chairman of China Everbright International Ltd and the company moved to distance itself from the Chinese political scandal. Bo Xiyong's departure on Wednesday from a post he had held since 2003 signals widening scrutiny of Bo Xilai's family connections as China's leaders seek to contain the scandal ahead of this year's transfer of power from President Hu Jintao to the next generation, likely to be led by Vice President Xi Jinping. ...


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Briton accused in Iran missile scheme released from U.S. custody
Wed,25 Apr 2012 05:25 PM PDT
Reuters - SAN ANTONIO (Reuters) - A federal judge in Texas released British millionaire Christopher Tappin from custody on Wednesday, but ordered him to remain in the state while awaiting trial on charges he attempted to sell missile parts to Iran. U.S. Magistrate Judge Robert Castaneda ordered Tappin to surrender his British passport after going through the security checkpoint at the El Paso airport for a flight to Houston, where he will live with one of his attorneys, officials in the U.S. Attorney's office said. ... Full Story
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S&P sends wake-up call to Ontario, lowers outlook
Wed,25 Apr 2012 04:57 PM PDT
Reuters -

Ontario Provincial Minister of Finance Dwight Duncan is seen in his office adjacent to Queen's Park in TorontoTORONTO (Reuters) - Ontario's bold austerity budget and accelerated path to balance its finances were met with nagging skepticism on Wednesday after credit rating agency Standard & Poor's lowered its outlook on the province's debt ratings to "negative." The move provided another wake-up call to analysts and investors, raising the possibility of further rating downgrades and higher borrowing costs for Canada's most powerful province. ...


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Mexico starts investigation in Wal-Mart bribery case
Wed,25 Apr 2012 04:47 PM PDT
Reuters -

A general view of a Wal-Mart store in Mexico CityMEXICO CITY (Reuters) - Mexico said on Wednesday it would open an investigation into allegations that the Mexican unit of Wal-Mart Stores Inc bribed officials to expand its business there, piling pressure onto the embattled retail giant. The Mexican federal comptroller's office said it had begun checking the federal paperwork and permits that Wal-Mart de Mexico, known as Walmex, obtained to open and operate its stores in Mexico. The comptroller's office added that it would ask U.S. ...


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Argentine Senate set to approve YPF takeover bill
Wed,25 Apr 2012 04:45 PM PDT
Reuters -

A flag with the YPF logo is waved in front of the Argentine Congress in Buenos AiresBUENOS AIRES (Reuters) - Argentina's Senate was set to approve the expropriation of the country's biggest oil company on Wednesday, underscoring broad domestic support for a move that has nonetheless sparked outrage among foreign investors. President Cristina Fernandez, who controls both houses of Congress, unveiled plans last week to seize a 51 percent stake of YPF from Spain's Repsol. She accuses the company of under-investing and under-producing in Argentina, a charge that Repsol dismisses. ...


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Israel's top general says Iran unlikely to make bomb
Wed,25 Apr 2012 04:08 PM PDT
Reuters -

(Blank Headline Received)JERUSALEM (Reuters) - Israel's military chief said he does not believe Iran will decide to build an atomic bomb and called its leaders "very rational" - comments that clashed with Prime Minister Benjamin Netanyahu's assessment. Lieutenant-General Benny Gantz's remarks, in an interview published on Wednesday in the left-wing Haaretz newspaper, drew little attention in Israel on its annual remembrance day for fallen soldiers, when political discourse is suspended. ...


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Egypt lets Mubarak PM back in presidential race
Wed,25 Apr 2012 04:02 PM PDT
Reuters -

File photo of Ahmed Shafiq talking in CairoCAIRO (Reuters) - The last prime minister to serve under deposed Egyptian President Hosni Mubarak has been allowed to re-enter the race for the presidency, one day after electoral authorities disqualified him, the state news agency reported on Wednesday. Analysts said Ahmed Shafiq's re-entry into the race will make him the favorite of the military and a very strong contender to win Egypt's presidential elections set for May 23-24, with a run-off scheduled in June. ...


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Court to give Taylor verdict in war crimes milestone
Wed,25 Apr 2012 03:13 PM PDT
Reuters -

Former Liberian President Taylor awaits start of prosecution's closing arguments during his trial at the U.N.-backed Special Court for Sierra Leone in LeidschendamTHE HAGUE (Reuters) - A special court delivers its verdict on Thursday on whether Liberian ex-president Charles Taylor is guilty of crimes against humanity by supporting and directing rebels who pillaged, raped and murdered during the Sierra Leone civil war. The verdict will be the first passed on a former head of state by The Hague's international courts in what human rights advocates say is a reminder that even the most powerful do not enjoy impunity. Yugoslav ex-president Slobodan Milosevic died in The Hague in 2006 before the war crimes tribunal for former Yugoslavia could reach a verdict. ...


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Egypt lets Mubarak's PM back in presidential race
Wed,25 Apr 2012 02:51 PM PDT
Reuters - CAIRO (Reuters) - The last prime minister to serve under deposed Egyptian President Hosni Mubarak has been allowed to re-enter the race for the presidency, one day after electoral authorities disqualified him, the state news agency reported on Wednesday. "The presidential electoral committee headed by Farouk Soltan accepts the appeal of former Prime Minister Ahmed Shafiq, allowing him to contest the presidential race," MENA reported. ... Full Story
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In the shadow of mad cow case, U.S. beef exports unfazed
Wed,25 Apr 2012 02:46 PM PDT
Reuters -

A dairy cow calls out in Chino.CHICAGO (Reuters) - For California meat exporter James Geller, it's just business as usual one day after the first case of mad cow disease in six years was confirmed in the United States. For Geller, president of Geller International in Burlingame, California, that means putting together an order of choice grade beef for customers in Hong Kong. "My customers do not need reassurance. They know the food is safe," said Geller, who just returned from a business trip to Singapore and Hong Kong and handles meat and seafood imports for hotels and restaurants in Asia. ...


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Accused drug dealer says paid off fugitive Venezuela judge
Wed,25 Apr 2012 02:32 PM PDT
Reuters -

Suspected Venezuelan drug lord Walid Makled arrives at Venezuela airport after being extradited from Colombia in CaracasCARACAS (Reuters) - An accused Venezuelan drug lord wanted by the United States said on Wednesday he made monthly payments to a former judge who recently embarrassed President Hugo Chavez with accusations of widespread manipulation in the OPEC nation's justice system. The statement by Walid Makled, considered a major trafficker who is now on trial in Venezuela, is likely to fuel criticism by opposition leaders and U.S. authorities over the socialist government's alleged complicity with the drug trade. ...


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Egypt lets Mubarak's PM back in presidential race
Wed,25 Apr 2012 02:15 PM PDT
Reuters - CAIRO (Reuters) - The body overseeing Egypt's presidential election on Wednesday accepted an appeal by former prime minister Ahmed Shafiq against his disqualification as a candidate, allowing him back into the race. "The presidential electoral committee headed by Farouk Soltan accepts the appeal of former prime minister Ahmed Shafiq, allowing him to contest the presidential race," state news agency MENA reported. Shafiq was the last prime minister under autocratic president Hosni Mubarak, who was overthrown on February 11, 2011. ... Full Story
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Russia says Iran, West "interested" in nuclear offer
Wed,25 Apr 2012 01:50 PM PDT
Reuters - MOSCOW (Reuters) - A Russian diplomat said on Wednesday that Iran and Western nations had shown interest in a Russian proposal aimed to help defuse the standoff over Tehran's nuclear program, but suggested it had not been the focus of talks this month. Russia has been calling for a "step-by-step" resolution to the dispute over Iran's nuclear program, which Western nations fear is aimed at developing nuclear weapons and Tehran says is purely peaceful. Moscow says Iran should take measures to ease concerns about its intentions and comply with U.N. ... Full Story
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U.S. accuses two Taiwanese in China military sale case
Wed,25 Apr 2012 01:48 PM PDT
Reuters - NEW YORK (Reuters) - Federal prosecutors on Wednesday accused two Taiwanese nationals of trying to buy U.S. military technology on behalf of people they claimed worked in the Chinese government. Federal prosecutors in Newark, New Jersey said Hui Sheng Shen, 45, and Huan Ling Chang, 41, had been under U.S. investigation since February 2011, when they agreed to sell methamphetamine to undercover federal agents. But in a series of meetings in September and October 2011 in Las Vegas, Shen and Chang began asking the undercover agents for U.S. military technology, court documents said. ... Full Story
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Syrian women risk lives to smuggle aid to dissidents
Wed,25 Apr 2012 01:38 PM PDT
Reuters - BEIRUT (Reuters) - When the aspirin and alcohol swabs fell from under her clothes at a Syrian army checkpoint, Rania stood petrified, looking first down at her fallen contraband and then up at the soldier who stared straight back at her. Rania knew that smuggling food and medicine to Syrian opposition activists was considered by security forces to be "aiding terrorists" and treated as severely as weapons smuggling. "I thought to myself: I am dead," said Rania, 27, recalling the incident on the outskirts of Damascus. She was in luck. The soldier was a sympathizer. ... Full Story
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South Sudan frees prisoners; clashes abate
Wed,25 Apr 2012 01:35 PM PDT
Reuters -

A South Sudan's army, or the SPLA, comander sits in a chair in PanakuachJUBA/BEIJING (Reuters) - South Sudan freed prisoners of war on Wednesday as clashes appeared to abate between north and south, after cross-border fighting that threatened to tip into all-out war. Sitting on some of Africa's most significant oil reserves, Sudan and South Sudan have been unable to resolve a dispute over oil revenues and border demarcation since the South gained independence in July. ...


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Blast in Syria's Hama kills at least 12, wounds dozens
Wed,25 Apr 2012 01:18 PM PDT
Reuters - BEIRUT (Reuters) - An explosion ripped through a building in Syria's central city of Hama on Wednesday, killing at least 12 people and wounding dozens more, the opposition Syrian Observatory for Human Rights said, in a bloody violation of a shaky ceasefire in the country. The grassroots Local Coordination Committee said security forces fired a rocket at the building and put the death toll much higher, with 54 dead, several of them children. Footage on YouTube of the blast showed a crowd of men pulling the bloodied body of a young girl from the rubble, shouting "God is great. ... Full Story
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Syria violence rages, France tells U.N. to hurry
Wed,25 Apr 2012 01:11 PM PDT
Reuters -

Demonstrators protest against Syria's President Bashar Al-Assad in KafranbelBEIRUT (Reuters) - Syrian forces shot dead four civilians on a bus on Wednesday and fighting raged near Damascus, dissidents said, as international pressure mounted on President Bashar al-Assad to honor U.N.-backed ceasefire pledges to order his troops back to barracks. In the city of Hama, an anti-Assad hotbed, an explosion ripped through a building, killing at least 12 people and wounding dozens more, according to the UK-based Syrian Observatory for Human Rights. ...


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Egypt NGO law could undermine freedoms: U.N. rights chief
Wed,25 Apr 2012 12:52 PM PDT
Reuters - GENEVA (Reuters) - An Egyptian bill that would tighten control over non-governmental organizations could deal a serious blow to human rights and freedoms in the country, the U.N. human rights chief said on Wednesday. The draft legislation could undermine the spirit of last year's uprising that ousted long-ruling president Hosni Mubarak, said Navi Pillay, U.N. high commissioner for human rights. Pillay said the move against NGOs had been accompanied by personal attacks, threats and intimidation of activists, particularly women. ... Full Story
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West Africa bloc to send troops to coup-hit Bissau: sources
Wed,25 Apr 2012 12:35 PM PDT
Reuters - DAKAR (Reuters) - West African regional bloc ECOWAS plans to send more than 600 troops to Guinea-Bissau in coming days to protect institutions and political figures after a military coup there, a senior ECOWAS source and another informed official said on Wednesday. If ECOWAS follows through, the move risks triggering renewed conflict in the impoverished nation since the military junta that seized power on April 12 has warned it would treat any foreign troops dispatched to Guinea-Bissau as occupiers. ... Full Story
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Mali gets post-coup government, facing crisis in north
Wed,25 Apr 2012 12:13 PM PDT
Reuters -

Former parliament speaker Traore is flanked by coup leader Sanogo after Traore was sworn in as Mali's interim president in the captial BamakoBAMAKO (Reuters) - Mali's interim leaders named the country's first post-coup government on Wednesday, faced with the challenge of restoring political stability and tackling a crisis in the rebel-held north. Soldiers who took power on March 22 hold all three key security posts in a 24-strong cabinet, according to a decree signed by the interim prime minister and president and read out on state television. The rest of the government is made up of civilians, mostly technocrats and Malians who worked outside the country during the rule of ousted President Amadou Toumani Toure. ...


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Dutch "burqa ban" may go after government falls
Wed,25 Apr 2012 12:11 PM PDT
Reuters - AMSTERDAM (Reuters) - With the collapse of the Dutch centre-right government, the Netherlands may now drop some of its most eye-popping proposals aimed at Muslims and other immigrants and could soften its strong anti-immigration rhetoric. A ban on Muslim face veils, such as the Arabic-style niqabs that leave the eyes uncovered and Afghan-style burqas that cover the face with a cloth grid, is less likely to go ahead after the government collapsed at the weekend. ... Full Story
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Analysis: Myanmar sanctions lifting a boon and a test for China firms
Wed,25 Apr 2012 12:05 PM PDT
Reuters - BEIJING (Reuters) - The lifting of decades of broad Western sanctions on Myanmar will prove to be both a boon and a test for China, for years the former Burma's top investor and trading partner, bringing both risk and opportunity for long-established Chinese firms. The United States, European Union, Japan, Canada and Australia have all moved in recent weeks to ease or suspend sanctions on Myanmar, as the once pariah nation embarks on landmark democratic reforms and seeks engagement with the world. ... Full Story
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France wants 300 U.N. observers in Syria in 2 weeks
Wed,25 Apr 2012 11:43 AM PDT
Reuters - PARIS (Reuters) - France wants to see 300 U.N. observers in Syria within two weeks and will push for a "Chapter 7" resolution at the United Nations unless Damascus complies with the terms of a peace plan by early May, Foreign Minister Alain Juppe said on Wednesday. Chapter 7 of the U.N. charter allows the Security Council to authorize actions which can ultimately include the use of military force. Speaking to reporters after meeting opponents of Syrian President Bashar al-Assad, Juppe said there had to be a rapid deployment of observers as the plan was "extremely compromised". ... Full Story
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Exclusive: Rebase to boost Nigeria's economy 40 percent: source
Wed,25 Apr 2012 11:31 AM PDT
Reuters - LAGOS (Reuters) - The size of Nigeria's economy will shoot up by some 40 percent in the second quarter this year, placing Africa's second-biggest economy on the list of middle income countries and bringing it closer to rival South Africa, a source close to the matter said. The makeover may give the country financial bragging rights, but will change little for the millions trapped in poverty. From around July or August this year, Nigeria will change the base year for its GDP calculation to 2009, from its current 1990, the source told Reuters on Wednesday, applying the new base from Q2 onwards. ... Full Story
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Cameron backs culture minister in Murdoch row
Wed,25 Apr 2012 11:15 AM PDT
Reuters - LONDON (Reuters) - British Prime Minister David Cameron on Wednesday said he gave his "full support" to his embattled culture minister, and ruled out a separate probe into the minister's contacts with media tycoon Rupert Murdoch's News Corp media empire. "I set out the Leveson inquiry .... I believe that to step in and try and pre-judge that inquiry would be wrong," Cameron told a parliament in uproar, referring to the Leveson probe he set up last year into media ethics in response to allegations of phone hacking at Murdoch-owned newspapers. ... Full Story
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"We don't have that sort of power," Murdoch tells inquiry
Wed,25 Apr 2012 11:15 AM PDT
Reuters -

A still image from broadcast footage shows Rupert Murdoch speaking at the Leveson Inquiry at the High Court in LondonLONDON (Reuters) - Rupert Murdoch is used to slipping into Downing Street by the back door for discreet meetings with prime ministers, but there was no such privacy on Wednesday when he faced a grilling about his political influence in the full glare of the world's media. It was one of the most extraordinary days in a career spanning six decades that has seen the owner of a provincial Australian newspaper morph into a global media magnate credited with the power to make or break governments. ...


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UK minister says Murdoch allegations are 'laughable'
Wed,25 Apr 2012 11:15 AM PDT
Reuters - LONDON (Reuters) - The British minister accused of giving Rupert Murdoch special access during the media tycoon's bid to increase his hold on Britain's television industry labeled accusations against him as "laughable" on Wednesday. Jeremy Hunt, the culture minister who was last year tasked with reviewing Murdoch's $12 billion plan to boost his stake in British pay TV operator BSkyB, is under immense pressure to resign after allegations emerged of his close contacts with Murdoch's News Corp media empire. ... Full Story
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Highlights: Rupert Murdoch appears before UK media inquiry
Wed,25 Apr 2012 11:15 AM PDT
Reuters - LONDON (Reuters) - Rupert Murdoch appeared on Wednesday before an inquiry delving into the power he wields over politicians and police and how far it resulted in a culture where phones could be hacked by his journalists and rules routinely broken. Following are key quotes from Murdoch's testimony: ON EDITORIAL STYLE On exercising editorial control at The Sun as a traditional proprietor: "I'm a curious person, interested in great issues of the day, and I'm not good at holding my tongue." "I only remember talking to (former Sunday Times and Times editor) Mr. ... Full Story
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Bo's brother resigns from China Everbright board
Wed,25 Apr 2012 10:52 AM PDT
Reuters - HONG KONG (Reuters) - The fallout from the ouster of former Chongqing party leader Bo Xilai spread on Wednesday as his brother resigned as vice chairman of China Everbright International Ltd and the company moved to distance itself from the Chinese political scandal. Bo Xiyong was using the name Li Xueming, but the Hong Kong company's registry documents record that Li and Bo, Bo Xilai's elder brother, are the same person. ... Full Story
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Merkel wants rules for raw material derivative trade
Wed,25 Apr 2012 10:38 AM PDT
Reuters - BERLIN (Reuters) - German Chancellor Angela Merkel called for greater transparency in raw materials derivatives trading that is not carried out on exchanges and said the European Union was leading the way with new regulations that take effect in November. "Derivatives trading must be regulated to dampen price volatility and not support it," Merkel said at a raw materials conference on Wednesday. She also said the Group of Twenty leading world economies would discuss price developments in the raw materials sector at their next meeting. ... Full Story
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With eye on elections, Merkel pushes minimum wage
Wed,25 Apr 2012 10:28 AM PDT
Reuters -

German Chancellor Merkel and pupils pose for pictures at Girls Day career event at Chancellery in BerlinBERLIN (Reuters) - German Chancellor Angela Merkel's conservatives have agreed plans to introduce a mandatory minimum wage for sectors of the economy that do not already have one, in the latest policy shift to try to win over left-leaning voters before next year's election. Merkel's Christian Democrats (CDU) have long opposed a blanket minimum wage, arguing that it would amount to excessive political interference in the wage-bargaining process between workers and employers. ...


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South Sudan frees prisoners to defuse tensions
Wed,25 Apr 2012 10:01 AM PDT
Reuters -

A South Sudan's army, or the SPLA, soldier sits in a truck on the frontline in PanakuachJUBA/BEIJING (Reuters) - South Sudan freed Sudanese prisoners of war on Wednesday in a gesture it hopes will help defuse tensions between Khartoum and Juba whose armies have been embroiled in escalating cross-border fighting that has threatened to tip into all-out war. Sitting atop one of Africa's most significant oil reserves, Sudan and South Sudan have been unable to resolve a dispute over oil revenues and border demarcation since the South gained independence in July. ...


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Mad cow disease found in California; no human threat seen
Wed,25 Apr 2012 09:23 AM PDT
Reuters -

A dairy cow peers out from behind a fence in Chino, CaliforniaWASHINGTON (Reuters) - U.S. authorities reported the country's first case of mad cow disease in six years on Tuesday, swiftly assuring consumers and global importers that there was no danger of meat from the California dairy cow entering the food chain. Agriculture Secretary Tom Vilsack gave assurances that the finding posed "no risk to the food supply or to human health", a line that seems to have been accepted by major foreign buyers. Fears of a potential backlash among consumers and big importers of U.S. ...


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GE annual meeting interrupted by 99 Percent protesters
Wed,25 Apr 2012 09:19 AM PDT
Reuters -

A group of Detroit pastors are escorted out of the Renaissance Center after disrupting General Electric Co's annual shareholders meeting being held in DetroitDETROIT (Reuters) - Nearly 100 protesters affiliated with the "99 Percent" populist movement disrupted General Electric Co's annual shareholders' meeting on Wednesday in an attack on the largest U.S. conglomerate's low tax rate. The demonstrators, who began chanting "Pay Your Fair Share" when the meeting began, were quickly ushered out of the meeting -- held in the Detroit building that houses General Motors Co's headquarters -- but could still be heard chanting protests as the meeting got underway. ...


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Analysis: Secretive far-right party taps into Greeks' anger, fear
Wed,25 Apr 2012 09:07 AM PDT
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Karousi, a former Socialist voter, looks at Christian icons as she stands next to her husband inside their home in AthensPIRAEUS, Greece (Reuters) - In the port of Piraeus, dozens of young men with shaven heads and black t-shirts packed a small room one evening to hear Golden Dawn's dream of a Greece purged of foreigners, its borders sealed with landmines. "We want all illegal immigrants out, we want to take their stench out of this place," said Frangiscos Porihis, an election candidate for the ultra-nationalist and highly secretive party. "They shouldn't be here and they will leave one way or the other - the good or the bad way," he told the Piraeus meeting. ...


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Factbox: Gaddafi's children
Wed,25 Apr 2012 09:02 AM PDT
Reuters - (Reuters) - Since the beginning of the Libyan uprising Muammar Gaddafi's children have met with very different fates. Here are details on their current status: * DETAINED: * SAIF AL-ISLAM - Saif al-Islam was captured near the town of Obari on November 19, 2011 by fighters from the western mountain town of Zintan. He was flown to Zintan where he remains, watched over by his captors. - The International Criminal Court (ICC) at The Hague indicted Saif al-Islam in June 2011 for crimes against humanity stemming from the crackdown on the Libyan revolt. ... Full Story
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Libya bans religious, tribal or ethnic parties
Wed,25 Apr 2012 09:02 AM PDT
Reuters - TRIPOLI (Reuters) - Libya, preparing for elections in June, has banned parties based on religion, tribe or ethnicity, the government said on Wednesday, and a new Islamist party viewed as a leading contender signaled it would challenge the decision. National Transitional Council spokesman Mohammed al-Harizy said the council passed the law governing the formation of political parties on Tuesday evening. "Parties are not allowed to be based on religion or ethnicity or tribe," he told Reuters. ... Full Story
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