Thursday, July 19, 2012

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Thursday, July 19, 2012 9:16 PM PDT
Today's Reuters World News Headlines - Yahoo! News:
Exclusive: Banks in Libor probe consider group settlement-sources
Thu,19 Jul 2012 06:53 PM PDT
Reuters - ZURICH/WASHINGTON (Reuters) - A group of banks being investigated in an interest-rate rigging scandal are looking to pursue a group settlement with regulators rather than face a Barclays-style backlash by going it alone, people familiar with the banks' thinking said. Such discussions are preliminary, and it is unclear if regulators will enter these talks, aimed at resolving allegations that banks attempted to manipulate the London interbank offered rate, or Libor, a benchmark that underpins hundreds of trillions of dollars in contracts. ... Full Story
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Syrian borders in rebel hands, battles in Damascus
Thu,19 Jul 2012 06:38 PM PDT
Reuters -

Residents, who have fled their homes, gather in the centre of DamascusAMMAN/CILVEGOZU, Turkey (Reuters) - Rebels seized control of sections of Syria's international borders and torched the main police headquarters in the heart of old Damascus, advancing relentlessly after the assassination of President Bashar al-Assad's closest lieutenants. The battle for parts of the capital raged into the early hours of Friday, with corpses piled in the streets. In some neighborhoods, residents said there were signs the government's presence was diminishing. ...


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China's Ai Weiwei says barred from hearing tax case verdict
Thu,19 Jul 2012 06:25 PM PDT
Reuters - BEIJING (Reuters) - China has barred its most famous dissident Ai Weiwei from showing up in court to hear the verdict of his appeal against a $2 million fine for tax evasion, a case that critics accuse Beijing of using to muzzle the outspoken artist. Ai is urging a Beijing court to overturn the city tax office's rejection of his appeal against the tax evasion penalty imposed on the company he works for, Beijing Fake Cultural Development Ltd., which produces his art and designs. ... Full Story
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250 people killed in Syria in highest death toll: opposition
Thu,19 Jul 2012 06:04 PM PDT
Reuters - BEIRUT (Reuters) - More than 250 people were killed in Syria on Thursday, an opposition monitoring group said, the highest death toll in a single day since the revolt against President Bashar al-Assad erupted 16 months ago. The British-based Syrian Observatory for Human rights said 155 civilians, including 44 people in Damascus where pitched battles have raged for five days, and 93 security forces personnel were killed. ... Full Story
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Russia, China veto U.N. Security Council resolution on Syria
Thu,19 Jul 2012 06:04 PM PDT
Reuters - UNITED NATIONS (Reuters) - Russia and China vetoed a U.N. Security Council resolution on Thursday that threatened Syrian authorities with sanctions if they did not halt violence against an uprising, again thwarting Western hopes for tough action as the crisis in Syria escalates. It was the third time that Russia, a key ally of the Syrian government, and China have used their veto power to block resolutions designed to pressure Syrian President Bashar al-Assad and halt the 16-month conflict that has killed thousands. With the mandate for a U.N. ... Full Story
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Bulgaria says suicide bomber blew up airport bus
Thu,19 Jul 2012 04:51 PM PDT
Reuters -

Relatives mourn over the coffin of a victim killed in an attack in Bulgaria, during a ceremony near Tel AvivBURGAS, Bulgaria (Reuters) - A suicide bomber carried out an attack that killed seven people in a bus transporting Israeli tourists in Bulgaria, the interior minister said on Thursday, and Israel said Iranian-backed Hezbollah militants were to blame. Iran denied it was behind Wednesday's attack at Burgas airport, a popular gateway for tourists visiting the Black Sea coast. Video surveillance footage showed the bomber was similar in appearance to tourists arriving at the airport, Interior Minister Tsvetan Tsvetanov said. ...


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Mayer gets $70 million pay package to lead Yahoo
Thu,19 Jul 2012 03:58 PM PDT
Reuters -

File photo of Marissa Mayer posing at Google's Mountain View, California headquarters(Reuters) - New Yahoo Chief Executive Marissa Mayer's compensation package could total more than $70 million in salary, bonuses, restricted stock and stock options over five years, according to a regulatory filing made by the company Thursday. Mayer's pay package is broken out into $1 million in annual salary, as much as $2 million in an annual bonus, and $42 million in stock options and other awards, as well as $14 million in "make whole restricted options" for forfeiture of compensation from Google Inc. ...


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Dozens of casualties in attack on Damascus police headquarter: activist
Thu,19 Jul 2012 03:32 PM PDT
Reuters - AMMAN (Reuters) - A guerrilla rebel attack on the Damascus police headquarters on Thursday left dozens of security personnel and militiamen loyal to President Bashar al-Assad dead or wounded, an opposition activist said. Rebels armed with AK-47s, small machineguns and explosive devices cut off two main roads leading to the complex in the central Qanawat district and attacked it at around 4:45 p.m. (1345 GMT), he said. "Three patrol cars came to the site and were hit by roadside bombs near Bab Sreijeh. I saw three bodies in one car. ... Full Story
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Microsoft posts quarterly loss but beats Wall Street
Thu,19 Jul 2012 03:31 PM PDT
Reuters -

A variety of logos hover above the Microsoft booth on the opening day of the Consumer Electronics Show in Las VegasNEW YORK (Reuters) - Microsoft Corp reported its first quarterly loss as a public company on Thursday as it took a previously announced hit for writing down the value of its ailing online unit, but held up better than expected in the face of stagnant computer sales. Excluding the multibillion-dollar write-down, which was signaled earlier this month, and factoring in some deferred Windows revenue, the world's largest software company actually exceeded Wall Street's expectations, boosting its shares in after-market trading. ...


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U.N. impasse leaves U.S. scrambling for Syria options
Thu,19 Jul 2012 03:29 PM PDT
Reuters - WASHINGTON (Reuters) - Beaten back by a double veto at the United Nations, the United States on Thursday sought to rescue its Syria strategy amid fears that the crisis was lurching into a dangerous endgame. The Obama administration had fought for a U.N. Security Council resolution setting out consequences for Syrian President Bashar al-Assad's failure to halt his crackdown, saying this was essential if international mediator Kofi Annan's fragile political transition plan was ever to take hold. ... Full Story
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Million Yemen children face severe malnutrition
Thu,19 Jul 2012 02:49 PM PDT
Reuters - SANAA (Reuters) - One million Yemeni children face severe malnutrition within months as families struggle to pay for food in one of the Arab world's poorest countries, the U.N. World Food Programme has warned. Political turmoil has pushed Yemen to the brink of a humanitarian crisis and aid agencies estimate half the country's 24 million people are malnourished. ... Full Story
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Iraq closes main border crossing with Syria: mayor
Thu,19 Jul 2012 02:02 PM PDT
Reuters - BAGHDAD (Reuters) - Iraq has closed its main border post with Syria and sent troops to the frontier after Syrian rebels took control of the Abu Kamal crossing, a local mayor said on Thursday. "Qaim post, opposite Abu Kamal, is closed and now under the control of the Iraqi army," the mayor of Qaim, Fahan Fitaihan, said. Iraqi troops had also taken over another nearby post from Iraqi customs officials, he said. He said the Syrian Free Army had raised its flag on the other side of the border. (Reporting by Raheem Salman; Writing by Sylvia Westall; Editing by Alison Williams) Full Story
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Mass anti-austerity protests on Spanish streets
Thu,19 Jul 2012 02:01 PM PDT
Reuters -

A demonstrator screams as riot police stand guard after a protest against government austerity measures in central MadridMADRID (Reuters) - Hundreds of thousands of Spaniards marched against the centre-right government's latest austerity measures on Thursday evening, following more than a week of demonstrations across the country. Parliament on Thursday approved a package of 65 billion euros ($80 billion) of spending cuts and tax hikes as part of measures to avert a full European bail-out, bringing more hardship in a severe economic downturn. ...


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Iraq gets "positive" Obama response on Exxon concern
Thu,19 Jul 2012 01:57 PM PDT
Reuters -

File photo of Iraq's Prime Minister Nuri al-Maliki speaking during the opening ceremony of the Defence University for Military Studies inside BaghdadBAGHDAD/SAN FRANCISCO (Reuters) - Iraq's prime minister said on Thursday that U.S. President Barack Obama backed Baghdad's concerns over Exxon Mobil's oil deal with the Kurdistan region and had emphasized Washington's respect for the Iraqi constitution and laws. Prime Minister Nuri al-Maliki issued the statement as U.S. oil major Chevron Corp confirmed its purchase of 80 percent of two blocks in Kurdistan in a move that may infuriate the central Iraqi government, which wants all oil deals to pass through Baghdad. ...


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Canada's Conservatives slightly ahead of opposition: poll
Thu,19 Jul 2012 01:48 PM PDT
Reuters - OTTAWA (Reuters) - Canada's governing Conservatives have a slight lead over the main opposition party but do not have enough support to win convincingly if an election were held now, a new poll showed on Thursday. The right-of-center Conservatives have seen their support gradually slip since they got 39.6 percent of the vote in the last election in May 2011 and won a majority government. The next election is scheduled for October 2015. The new Nanos Research poll, conducted between July 7 and 12, put Conservative support at 33.6 percent, just 0. ... Full Story
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Statistics Canada mulls changes to data release system
Thu,19 Jul 2012 01:44 PM PDT
Reuters - OTTAWA (Reuters) - Statistics Canada on Thursday said it was seeking comments about possible changes to the way it releases government data, an idea it floated in April but abandoned after a media outcry. The federal agency said it had begun consulting news organizations on whether to delay the release of data from its media lockup room to 08:30:04 from 08:30:00, so that the material could appear simultaneously on its website. ... Full Story
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Steep hike in customs fees leaves many Cubans fuming
Thu,19 Jul 2012 01:43 PM PDT
Reuters - HAVANA (Reuters) - A sharp increase in customs duties has angered many Cubans and cast a shadow over market-oriented reforms on the communist-ruled island advocated by President Raul Castro. The move, which raises fees many times over in some cases, is expected to ratchet up prices and decrease the availability of imported merchandise. It also threaten to bankrupt some of the tens of thousands of mom-and-pop businesses that have sprung up in recent years. ... Full Story
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U.S. says Iran ships using foreign flags to evade sanctions
Thu,19 Jul 2012 01:40 PM PDT
Reuters -

To match Special Report IRAN/SMUGGLINGWASHINGTON (Reuters) - The United States warned the maritime industry on Thursday that Iranian ships were still using other country's flags in an attempt to evade Western sanctions against the country. Sierra Leone is the latest country to revoke its flag for a vessel controlled by the Islamic Republic of Iran Shipping Lines (IRISL), which is on the U.S. blacklist for its involvement in Iran's weapons program. The United States and the European Union have implemented tough sanctions against Iran in an attempt to stop the country from acquiring nuclear weapons. The U.S. ...


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Syrian rebels control border crossings with Iraq, Turkey
Thu,19 Jul 2012 01:38 PM PDT
Reuters - CILVEGOZU, Turkey/BAGHDAD (Reuters) - Syrian rebels took control of two major crossings on the border with Turkey and the main Abu Kamal post on the border with Iraq on Thursday, the first time opponents of President Bashar al-Assad have seized posts on the country's frontiers. Hakim al-Zamili, head of the security and defense committee in the Iraqi parliament, told a local television station that rebels were in control of the Abu Kamal border crossing, on the Damascus-Baghdad highway and one of the most important trade routes in the Middle East. ... Full Story
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Freed Italian, Spanish hostages head home
Thu,19 Jul 2012 01:31 PM PDT
Reuters - OUAGADOUGOU (Reuters) - One Italian and two Spanish hostages freed by kidnappers linked to al Qaeda in Mali headed home on Thursday after an accord which mediators said involved a prisoner swap. The three aid workers, captured in Algeria last October, were flown home to Europe from the Burkina Faso capital Ouagadougou. The Burkina officer who headed the operation said two Islamists in jail in Mauritania had been released as part of a deal with Mali's MUJWA, the al Qaeda splinter group which had been holding the hostages. ... Full Story
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Factbox: What's at stake for the United Nations in Syria?
Thu,19 Jul 2012 01:15 PM PDT
Reuters - UNITED NATIONS (Reuters) - The U.N. Security Council must decide by midnight on Friday (0400 GMT Saturday) the fate of a U.N. observer mission in Syria, which is crucial to helping implement international envoy Kofi Annan's six-point peace plan. * If the 15-member council cannot reach an agreement by then on whether to extend the mission for 30 days, its mandate will expire and the mission will pack up and leave Syria. The council initially approved the mission, known as UNSMIS, for 90 days. ... Full Story
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Ruling party joins money laundering charges in Mexico vote
Thu,19 Jul 2012 01:08 PM PDT
Reuters -

Gustavo Madero, president of National Action Party (PAN), speaks beside Jesus Zambrano, president of the Party of the Democratic Revolution (PRD), during a news conference at a hotel in Mexico CityMEXICO CITY (Reuters) - Mexico's ruling conservatives on Thursday lent their support to accusations that President-elect Enrique Pena Nieto benefited from laundered money in his campaign, piling more pressure on the country's next leader. Gustavo Madero, chairman of the National Action Party (PAN) of outgoing President Felipe Calderon, told reporters he was presenting a legal complaint about money laundering to the federal attorney general's office. "Any money coming from illicit sources can be laundered money,' Madero said. ...


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Tribal clashes kill 58 in Sudan's Darfur region
Thu,19 Jul 2012 12:40 PM PDT
Reuters - KHARTOUM (Reuters) - Clashes between two Arab tribes in Sudan's troubled Darfur region earlier this week killed 58 people and wounded 24, the state news agency SUNA said on Thursday. The fighting involved the Misseriya and Rizeigat tribes and took place in the Jebara area at the border between East Darfur and South Kordofan state, SUNA said after a meeting of tribal leaders and government officials in East Darfur. It did not say what had started the violence. Tribes in Darfur, a vast arid region in western Sudan, and in the south of the country often clash over land or water rights. ... Full Story
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Analysis: Egyptian leader looks abroad to win influence at home
Thu,19 Jul 2012 12:28 PM PDT
Reuters -

Egypt's president Mohamed Mursi attends a meeting with Hamas leader Khaled Meshaal at the presidential palace in CairoCAIRO (Reuters) - An early diplomatic offensive by Egypt's new Islamist president makes it harder for an army-led establishment to portray him on the international stage as a threat to foreign powers. At home though, it may do little to curb the influence of the generals and help Mursi assert himself as head of state. Egypt's long-standing allies Saudi Arabia and the United States are unwilling to challenge the army's role as self-appointed protector of Egypt, which it uses to justify continued control over national security and a future constitution. ...


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Exclusive: Brazil's Rousseff in talks with Boeing for new jet
Thu,19 Jul 2012 12:15 PM PDT
Reuters -

Brazil's President Rousseff attends the ceremony of the announcement of PAC Equipamentos, Government Procurement Program in BrasiliaSAO PAULO (Reuters) - Brazil's President Dilma Rousseff is shopping for a new presidential jet and is talking to Boeing about buying one, four sources told Reuters, signaling greater inroads by the U.S. aircraft-maker into one of the world's top emerging markets. Rousseff is seeking a larger plane more consistent with Brazil's growing economic and geopolitical might and is evaluating the purchase of a Boeing 747 similar to Air Force One, the aircraft used by the president of the United States, the sources said on condition of anonymity. ...


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Syrian crossing with Turkey falls under rebel control
Thu,19 Jul 2012 12:06 PM PDT
Reuters - AMMAN (Reuters) - A border crossing between Syria and Turkey at Jarablus fell into rebel hands on Thursday after security forces pulled out, a day after the killing of three of President Bashar al-Assad's senior officials, activists said. Rebels now control the border town of Jarablus, site of the crossing, 400 (240 miles) northwest of Damascus, they said, adding that military and intelligence personnel have also pulled out from the nearby border town of Ain al-Arab, inhabited by members of Syria's Kurdish minority. (Additional reporting by Oliver Holmes in Beirut) Full Story
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At least 68 dead in Zanzibar ferry disaster
Thu,19 Jul 2012 11:53 AM PDT
Reuters - STONE TOWN, Zanzibar (Reuters) - Rescue workers fought rough seas on Thursday to search for survivors after an overcrowded ferry sank near the Indian Ocean archipelago of Zanzibar, but hopes of finding people alive were slim. At least 68 people were confirmed dead and 145 were rescued after the MV Skagit/Kalama capsized around midday on Wednesday near Chumbe island, west of Zanzibar. The vessel had set sail from mainland Tanzania to the semi-autonomous archipelago, a popular tourist beach destination. One U.S. citizen was among the dead. ... Full Story
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Saudi Arabia replaces intelligence head with ex-envoy to U.S.
Thu,19 Jul 2012 11:43 AM PDT
Reuters - (Reuters) - Saudi Arabia has replaced intelligence chief Prince Muqrin bin Abdulaziz with its former ambassador to the United States Prince Bandar bin Sultan, the Saudi Press Agency said on Thursday, citing a royal decree. "His Royal Highness Prince Muqrin bin Abdulaziz is relieved from his position as head of the Presidency of General Intelligence and appointed a special envoy and advisor to the Custodian of the Two Holy Mosques King Abdullah with the rank of minister," said the text of the royal decree carried on SPA. ... Full Story
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China dissident Ai Weiwei sees no chance of winning tax appeal
Thu,19 Jul 2012 11:01 AM PDT
Reuters - BEIJING (Reuters) - China's most famous dissident Ai Weiwei says he has "absolutely no hope" that a court on Friday will repeal his more than $2 million fine for tax evasion in a case that critics accuse the authorities of using to muzzle the outspoken artist. But Ai pledged to press on with legal challenges, ensuring that he will continue to be a thorn in the government's side. Beijing's Chaoyang District Court heard the case at a closed hearing last June. ... Full Story
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Egypt's former spy chief Suleiman dies
Thu,19 Jul 2012 10:51 AM PDT
Reuters -

Former spy chief and presidential candidate Omar Suleiman talks during an interview with Reuters at his office in CairoCAIRO (Reuters) - Egypt's former intelligence chief Omar Suleiman, the urbane and shadowy power broker who enforced Hosni Mubarak's rule, died in the United States of a heart attack on Thursday. He was 76. General Suleiman symbolized the autocratic, military-backed rule which dominated much of the Arab world for the last half-century or more, now being challenged by restive populations. ...


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German parliament defends circumcision after court ban
Thu,19 Jul 2012 10:42 AM PDT
Reuters -

Head of the Conference of European Rabbis Goldschmidt and Rabbi Apel address a news conference after a meeting in BerlinBERLIN (Reuters) - Germany's lower house of parliament passed a resolution on Thursday to protect the religious circumcision of infant boys after a district court ban on the practice outraged Muslims and Jews and sparked an emotional debate in the country. The main political parties have criticized the ruling by a Cologne court and Chancellor Angela Merkel's government has promised a new law to make clear doctors or families will not be punished for carrying out the procedure. ...


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Syrian rebels claim capture of Turkish border gate
Thu,19 Jul 2012 10:39 AM PDT
Reuters - CILVEGOZU, Turkey (Reuters) - Syrian rebel fighters took over a Turkish border crossing on Thursday, seizing control of the customs and immigration buildings on the Syrian side of the northern frontier, a rebel fighter and a spokesman said. They said they overran the Bab al-Hawa gate, which the rebels have tried to seize several times in the last 10 days, after a confrontation with soldiers loyal to President Bashar al-Assad. Bab al-Hawa is a vital commercial crossing. (Reporting by Suleiman al-Khalidi; editing by Andrew Roche) Full Story
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20,000 Syrians cross into Lebanon after violence
Thu,19 Jul 2012 10:17 AM PDT
Reuters - BEIRUT (Reuters) - About 20,000 Syrians have travelled across the main border crossing into Lebanon over the past 24 hours, a Lebanese security source working at the border said, after heavy fighting tore through several districts of Damascus. The number of Syrians, many of them day-workers, who travel through the official Masnaa border crossing usually hovers around 5,000 per day, the source said. Lebanese minister of social affairs Wael Abu Faour did not comment on the total number of Syrians who had crossed but said that 8,500 Syrian refugees from Damascus made the trip in the last 24 ... Full Story
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Fires ravage Madeira islands and mainland Portugal
Thu,19 Jul 2012 09:49 AM PDT
Reuters - LISBON (Reuters) - Wildfires forced the evacuation of dozens of villagers from their homes on the Portuguese archipelago of Madeira on Thursday and authorities sent teams from the mainland to help overwhelmed local firefighters. Cash-strapped Portugal, which is under an EU/IMF bailout, had suffered from a severe drought this year before being hit by scorching summer temperatures of up to 40 degrees Celsius this week, triggering intense forest blazes on the mainland too. ... Full Story
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Merkel wins Spanish aid vote with big majority
Thu,19 Jul 2012 09:47 AM PDT
Reuters -

Angela Merkel and her fellow parliamentarians line up to vote on a Spanish bank aid package in the Bundestag, the lower house of parliament in BerlinBERLIN (Reuters) - German Chancellor Angela Merkel easily won a parliamentary vote on a euro zone rescue package for Spanish banks on Thursday despite growing unease in her centre-right coalition about the rising cost of Europe's debt crisis for German taxpayers. Merkel, who won broad opposition support, managed to secure a simple majority from her own coalition in the Bundestag lower house of parliament, whose members were recalled to rainy Berlin from their summer recess for this one-day session. ...


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U.S. Navy helicopter crashes in Oman, fate of crew unknown
Thu,19 Jul 2012 09:44 AM PDT
Reuters - WASHINGTON (Reuters) - A U.S. Navy helicopter crashed in Oman on Thursday and the fate of its five crew members was unknown, the U.S. military said, even as it ruled out hostile activity. The helicopter, a MH-53E Sea Dragon, manufactured by United Technologies Corp's Sikorsky Aircraft unit, crashed 58 miles southwest of Muscat while flying a heavy load in support of the Omani government. "The crash was not due to any sort of hostile activity and the status of the five crew members is still being determined," said the statement from U.S. ... Full Story
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White House: Russia-China veto on Syria "highly regrettable"
Thu,19 Jul 2012 09:34 AM PDT
Reuters - ABOARD AIR FORCE ONE (Reuters) - The White House on Thursday criticized the vetoes of Russia and China of a U.N. Security Council sanctions resolution against Syria as "highly regrettable" and "highly unfortunate" and said it meant a U.N. observer mission there should not be extended. "They are on the wrong side of the Syrian people, the wrong side of hope for peace and stability in the region," White House spokesman Jay Carney told reporters after the vetoes were cast in New York. "It was a highly regrettable decision. ... Full Story
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Annan deplores lack of unity on Syria, hoped for strong action
Thu,19 Jul 2012 09:26 AM PDT
Reuters - GENEVA (Reuters) - International mediator Kofi Annan voiced disappointment on Thursday at the failure of world powers to reach a common position on Syria after China and Russia vetoed a Western resolution threatening Syrian authorities with sanctions. "The Joint Special Envoy for Syria, Kofi Annan, is disappointed that at this critical stage the UN Security Council could not unite and take the strong and concerted action he had urged and hoped for. ... Full Story
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Attacks target Muslim leaders in Russia's Tatarstan
Thu,19 Jul 2012 09:17 AM PDT
Reuters -

Russian investigators work near the scene of a car bomb blast in the city of KazanMOSCOW (Reuters) - The top Islamic official in Russia's largely Muslim Tatarstan region was wounded in a bomb attack and a deputy was killed in a separate shooting on Thursday, rocking a province long seen as a showcase of religious tolerance in Russia. President Vladimir Putin called for unity and condemned the attacks, which were carried out hours before the start of the Muslim holy month of Ramadan, which begins in Russia at sundown on Thursday. "Law enforcement bodies are doing everything to find, expose and punish the criminals," Putin said. ...


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Timeline: Violence in Syria
Thu,19 Jul 2012 09:16 AM PDT
Reuters - (Reuters) - Here are some of the main events in the uprising in Syria: For an Interactive look at Syria click on http://link.reuters.com/rut37s March 15, 2011 - About 40 people join a protest in Old Damascus, chanting political slogans in a brief first challenge to the ruling Baath Party. March 18 - Security forces kill three people at a demonstration in southern Deraa demanding political freedoms and an end to corruption, residents say. March 22 - Hundreds of people march in Deraa and Nawa demanding freedom in the fifth straight day of demonstrations. ... Full Story
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