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| Asian stocks still shaky as Nikkei slides 3 percent Sunday, May 26, 2013 08:59 PM PDT  By Ian Chua and Vidya Ranganathan SYDNEY/SINGAPORE (Reuters) - Japan's Nikkei index slid more than three percent on Monday, extending last week's severe volatility and causing investors to worry that a bout of profit-taking had turned into lasting doubt about the growth and riskiness of markets. Last week's shakeout of equity, bond and currency markets was triggered by doubts over how much weakness in the yen Japanese policymakers would tolerate, concerns the U.S. Federal Reserve would reduce monetary stimulus soon, and weakness in Chinese manufacturing data. But U.S. ... Full Story | Top |
| Syrian opposition shake-up falters ahead of peace conference Sunday, May 26, 2013 08:49 PM PDT  By Khaled Yacoub Oweis ISTANBUL (Reuters) - A crisis in Syrian opposition ranks deepened on Monday when a Western and Arab-backed liberal bloc was offered only token representation in the Islamist-dominated Syrian National Coalition. To the dismay of envoys of Western and Arab nations who have been monitoring four days of opposition talks in Istanbul, the 60-member coalition thwarted a deal to admit a bloc headed by opposition campaigner Michel Kilo with up to 22 new seats. His group received an offer of only five seats after a session that stretched nearly to dawn, coalition sources said. ... Full Story | Top |
| Obama calls Oklahoma tornado's toll 'hard to comprehend' Sunday, May 26, 2013 05:22 PM PDT  By Jeff Mason MOORE, Oklahoma (Reuters) - Standing by a pile of debris that once was an elementary school, President Barack Obama on Sunday called the destruction last week's tornado wrought in Moore, Oklahoma, "hard to comprehend" and vowed to provide long-term federal help in rebuilding. The tornado, rated at the top of a five-step scale used to measure the destructive power of twisters, killed 24 people - including seven children at the school site Obama visited. ... Full Story | Top |
| Kerry backs private West Bank economic plan, but little detail Sunday, May 26, 2013 02:07 PM PDT  By Arshad Mohammed DEAD SEA, Jordan (Reuters) - Secretary of State John Kerry sketched out a plan on Sunday to spur Palestinian growth with up to $4 billion in private investment, but did not say where the money would come from. Kerry drew a picture of prosperity in the West Bank that could spread to Israel and Jordan, while acknowledging it would not fully materialize without movement toward peace between Israel and the Palestinians. ... Full Story | Top |
| Colombia, FARC rebels reach agreement on agrarian reform Sunday, May 26, 2013 06:07 PM PDT  By Jeff Franks HAVANA (Reuters) - Colombia and the Marxist-led FARC rebels have reached agreement on the critical issue of agrarian reform, the two sides said on Sunday in a major step forward for the peace process aimed at ending their long war. They said the accord called for the economic and social development of rural areas and providing land to the people living there, which addresses one of the main issues that led the FARC, or Revolutionary Armed Forces of Colombia, to form in 1964 as a communist agrarian reform movement and launch its insurgency. ... Full Story | Top |
| Rockets hit south Beirut after Hezbollah vows Syria victory Sunday, May 26, 2013 05:06 PM PDT  By Dominic Evans BEIRUT (Reuters) - Two rockets hit a Shi'ite Muslim district of Beirut on Sunday, driving home the risk of spillover from Syria's civil war, after the head of Lebanese Shi'ite movement Hezbollah said it would keep fighting on the Syrian government's side until victory. It was the first attack to apparently target Hezbollah's stronghold in the south of the Lebanese capital since the outbreak of the two-year conflict in neighboring Syria, which has sharply heightened Lebanon's own sectarian tensions. ... Full Story | Top |
| Two dead, five hurt in Texas shooting spree Sunday, May 26, 2013 07:29 PM PDT (Reuters) - A gunman randomly firing from his pickup truck killed one person and wounded five, including the sheriff of Concho County, Texas, on Sunday before the suspect was killed in a shootout with law enforcement, officials said. Authorities recovered an assault rifle, a handgun and hundreds of rounds of ammunition from the suspect, who was said to be 23 years old and from North Carolina. The name was withheld pending notification of relatives, the Texas Department of Public Safety said in a statement. ... Full Story | Top |
| Suspected killer of British soldier was held in Kenya Sunday, May 26, 2013 07:49 AM PDT  By Peter Griffiths and Drazen Jorgic LONDON/NAIROBI (Reuters) - One of two men arrested over the murder of a British soldier in a London street was detained in Kenya in 2010 on suspicion of seeking to train with an al Qaeda-linked group in Somalia, Kenyan police said on Sunday. Confirmation that Michael Adebolajo was held in Kenya and deported to London will intensify calls for Britain's spy agencies to explain what they knew about the suspect and whether they could have done more to prevent Lee Rigby's killing on Wednesday. ... Full Story | Top |
| Economic reality finally cracks market fervor Sunday, May 26, 2013 07:33 PM PDT  By Andy Bruce LONDON (Reuters) - As evidence mounts that a mid-year slowdown is taking place in the world economy, the next few days will offer a clearer glimpse of how that will impinge on policymaking and buoyant financial markets. Global stocks stumbled last Thursday in one of the few times the grey economic reality cut through this year's reverie in financial markets. And that could mark the start of a trend, after Federal Reserve Chairman Ben Bernanke last week hinted the U.S. central bank could soon scale back its monthly bond purchases that have flooded stock markets with new cash. ... Full Story | Top |
| Rocket fired from Lebanon towards Israel: residents Sunday, May 26, 2013 02:56 PM PDT  BEIRUT (Reuters) - A rocket was fired from south Lebanon towards Israel on Sunday, Lebanese security sources said, and residents of a northern Israeli town reported hearing a blast. "An explosion was heard. Soldiers are searching the area. The cause is still being investigated," an Israeli military spokeswoman said. A second Israeli military source said the explosion was probably caused by a mortar. The incident came amid heightened tensions in the region over Syria's civil war. ... Full Story | Top |
| Kentucky policeman shot and killed in apparent highway ambush Sunday, May 26, 2013 02:37 PM PDT (Reuters) - A Kentucky policeman was shot and killed in an apparent ambush when he stopped to pick up debris on a highway exit ramp, the Courier-Journal newspaper said on Sunday. Bardstown Police Officer Jason Ellis, 33, was found shot to death on an exit ramp on the Blue Grass Parkway in north central Kentucky early Saturday morning. Investigators could not be reached for comment on Sunday. ... Full Story | Top |
| French soldier's stabbing could be act of terrorism: minister Sunday, May 26, 2013 10:34 AM PDT  By Nicholas Vinocur PARIS (Reuters) - The stabbing of a French soldier near Paris by a man who is still on the run bore the hallmarks of Islamist terrorism, the interior minister said on Sunday, and police said it may have been inspired by the murder of a British serviceman in London. Anti-terrorism investigators are hunting for a bearded man aged about 30, possibly of North African origin, who fled into a crowded train station after attacking the 23-year-old soldier from behind with a knife or a box-cutter on Saturday. ... Full Story | Top |
| Colombia, FARC rebels reach agreement on agrarian reform Sunday, May 26, 2013 01:26 PM PDT By Jeff Franks HAVANA (Reuters) - Colombia and the Marxist-led FARC rebels have reached agreement on the critical issue of agrarian reform, the two sides said on Sunday in what appeared to be a major step forward for the peace process aimed at ending their long war. They said the accord called for the economic and social development of rural areas and providing land to the people living there, which addresses one of the main issues that led the FARC, or Revolutionary Armed Forces of Colombia, to form in 1964 as a communist agrarian reform movement and launch its insurgency. ... Full Story | Top |
| Economic reality finally cracks market fervor Sunday, May 26, 2013 12:51 PM PDT  By Andy Bruce LONDON (Reuters) - As evidence mounts that a mid-year slowdown is taking place in the world economy, the next few days will offer a clearer glimpse of how that will impinge on policymaking and buoyant financial markets. Global stocks stumbled last Thursday in one of the few times the grey economic reality cut through this year's reverie in financial markets. And that could mark the start of a trend, after Federal Reserve Chairman Ben Bernanke last week hinted the U.S. central bank could soon scale back its monthly bond purchases that have flooded stock markets with new cash. ... Full Story | Top |
| Syrian opposition unity talks hit snags before peace conference Sunday, May 26, 2013 08:25 AM PDT  By Khaled Yacoub Oweis ISTANBUL (Reuters) - Talks by Syria's opposition to choose a new leadership before an international peace conference stalled on Sunday over proposals to lessen Qatar's influence on the rebel forces, opposition sources said. The disarray in the opposition ranks emerged as the Syrian foreign minister said President Bashar al-Assad's government would take part "in principle" in the conference, which could take place in the next few weeks in Geneva. The U.S. ... Full Story | Top |
| Obama calls Oklahoma tornado's toll 'hard to comprehend' Sunday, May 26, 2013 03:27 PM PDT By Jeff Mason MOORE, Oklahoma (Reuters) - Standing by a pile of debris that once was an elementary school, President Barack Obama on Sunday called the destruction last week's tornado wrought in Moore, Oklahoma, "hard to comprehend" and vowed to provide long-term federal help in rebuilding. The tornado, rated at the top of a five-step scale used to measure the destructive power of twisters, killed 24 people - including seven children at the school site Obama visited. ... Full Story | Top |
| Rockets hit south Beirut after Hezbollah vows Syria victory Sunday, May 26, 2013 12:59 PM PDT By Dominic Evans BEIRUT (Reuters) - Two rockets hit a Shi'ite Muslim district of Beirut on Sunday, driving home the risk of spillover from Syria's civil war, after the head of Lebanese Shi'ite movement Hezbollah said it would keep fighting on the Syrian government's side until victory. It was the first attack to apparently target Hezbollah's stronghold in the south of the Lebanese capital since the outbreak of the two-year conflict in neighboring Syria, which has sharply heightened Lebanon's own sectarian tensions. ... Full Story | Top |
| Four-star general in eye of U.S. cyber storm Sunday, May 26, 2013 07:03 AM PDT  By Andrea Shalal-Esa WASHINGTON (Reuters) - Depending on your point of view, U.S. General Keith Alexander is either an Army four-star trying to stave off a cyber Pearl Harbor attack, or an overreaching spy chief who wants to eavesdrop on the private emails of every American. Alexander, 61, has headed the National Security Agency since 2005, making him the longest-serving chief in the history of an intelligence unit so secretive that it was dubbed "No Such Agency." Alexander also runs U.S. ... Full Story | Top |
| Japan's Abe ends Myanmar visit with aid, debt write-off Sunday, May 26, 2013 06:10 AM PDT  YANGON (Reuters) - Japan on Sunday endorsed Myanmar's reform program by writing off nearly $2 billion in debt and extending new aid, some of which will help support an industrial zone being developed by Japanese firms near the commercial capital, Yangon. As foreign businesses move into Myanmar after years of economic sanctions, Tokyo wants to ensure Japanese firms gain privileged access. Analysts also say Japan wants to counterbalance the growing economic and military might of China, Myanmar's neighbor. Japan agreed a year ago to forgive 176.1 billion yen ($1. ... Full Story | Top |
| Syria says will attend Geneva talks 'in principle' Sunday, May 26, 2013 04:36 AM PDT  BAGHDAD (Reuters) - Syria's government will "in principle" attend multilateral talks planned for June in Geneva and believes the conference will be an opportunity to resolve the country's conflict, Syrian Foreign Minister Walid al-Moualem said on Sunday. Russia and the United States are sponsoring a proposed peace conference planned for next month on the war, which has killed 80,000 people and risks spilling over its borders and stirring regional sectarian violence. ... Full Story | Top |
| Charmed Kanaan wins Indy 500 in 12th attempt Sunday, May 26, 2013 02:29 PM PDT  By Steve Keating INDIANAPOLIS (Reuters) - With a good luck charm he had given to a sick child back in his pocket, Brazilian Tony Kanaan won his first Indianapolis 500 on Sunday to end a decade of disappointment at the famed Brickyard. The former IndyCar champion captured the crown jewel of North American motor racing in his 12th attempt to complete his resume, taking the checkered flag under caution after defending champion Dario Franchitti crashed with just over two laps to go. "This is it man, I made it," Kanaan said before he dumped the traditional winner's bottle of milk over his head. ... Full Story | Top |
| When Israel hits Syria, it hones military edge for wider war Sunday, May 26, 2013 04:34 AM PDT  By Dan Williams JERUSALEM (Reuters) - When Israeli jets bomb Syria to deny it or its allies "game-changer" weapons, they play according to one core rule: ensuring the Jewish state maintains the military superiority to swiftly prevail in any war. On Prime Minister Benjamin Netanyahu's target list are four types of advanced arms, Russian- or Iranian-supplied, whose transfer from Syria to Lebanese Hezbollah guerrillas next door would hinder Israel's strategic options. ... Full Story | Top |
| Insight: In West Bank shadows, repressed Hamas breathes on Sunday, May 26, 2013 03:17 AM PDT  By Noah Browning and Ali Sawafta DURA, West Bank (Reuters) - In his sparse village home adorned only with framed verses from the Quran, Mohammed Ghannam opens his shirt, pointing silently to his bruised chest. Ghannam, 44, whose job was to deliver the call to prayer in Dura's local mosque, said plainclothes security forces from the Palestinian Authority (PA) detained him last month for belonging to the Islamist movement Hamas and beat him mute. "They didn't ask me any questions, just punched me hard in the face and the chest," he wrote limply on a notepad. ... Full Story | Top |
| French president Hollande's popularity inches up: poll Sunday, May 26, 2013 03:19 AM PDT  PARIS (Reuters) - French President Francois Hollande's popularity rating inched up in May from a record low the previous month, a poll showed on Sunday, a rare positive sign after a first year in office marked by rising unemployment. Hollande's approval rating rose by 4 percentage points to 29 percent in May, as perceptions improved among his own Socialist Party voters, pensioners, blue-collar workers and women, the survey by pollster IFOP in weekly paper JDD showed. ... Full Story | Top |
| Suspected Indian Maoist rebels kill 19 in Congress convoy ambush Sunday, May 26, 2013 05:45 AM PDT  By Devidutta Tripathy NEW DELHI (Reuters) - Suspected Maoist rebels killed at least 19 people when they ambushed a convoy carrying regional leaders from India's ruling Congress party in dense forest on Saturday, officials said, one of the deadliest such attacks in recent years. The rebels felled trees to block the 20-car convoy in the eastern state of Chhattisgarh and then detonated a landmine and raked the vehicles with gunfire, Indian media reported. ... Full Story | Top |
| Insight: Nigeria's 'war on terror' wins tentative support Sunday, May 26, 2013 03:16 AM PDT  By Joe Brock MAIDUGURI, Nigeria (Reuters) - Nuradin Mohammed used to resent and fear the troops who swept past his fish stall in this northeast Nigerian city on the trail of Islamist insurgents Boko Haram. Now, for the first time, he thinks they may be on his side. "We are pleased the president has finally recognized our peril and we pray his plan works," Mohammed said, frying fish by the roadside as a crowd of young children looked on hungrily and trucks packed with troops rumbled past. ... Full Story | Top |
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