Friday, May 11, 2012

World News Briefs -- May 11, 2012 (Evening Edition)



Greek Government Talks Fail; New Election Expected -- L.A. Times

Attempts to cobble together a government in Greece from among the fractious parties that won seats in Sunday's election failed Friday when the Socialist leader said he couldn't coax rival politicians into a coalition.

Evangelos Venizelos was the third party leader to fail this week in attempting to merge political forces and press on with tough austerity measures demanded by the European Union in exchange for bailout money for the deeply-in-debt nation.

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MIDDLE EAST

Syria unrest: UN condemns Damascus 'suicide blasts'.

IDF ups security overseas on Iran attack intel.

Palestinians escalate hunger strike in Israel jails.

Israel not invited to NATO's Chicago summit.

Bahrain protesters clash with police.

Cypriot foreign minister: West should keep eye on Christians after Arab Spring.

ASIA

Chinese media warns of war with Philippines. The rock that could start a war: China and Philippines in dispute over South China Sea 'island'.

Now India is getting involved in the China-Philippines territorial conflict.

Indian police to visit Iran to probe attack targeting Israeli diplomats in New Delhi.

Bo Xilai's fate lies with the Communist party.

North Koreans 'secretly watching foreign media'.

Rescuers comb wreckage of Russian jet that crashed on Indonesian mountain.

Secret video shows Buddhist monks' gambling session in South Korea.

AFRICA

Algeria's ruling party wins legislative polls.

Uganda warlord Kony on the move as manhunt steps up: U.N. envoy.

U.N. says three Libya prisoners likely tortured to death.

Pirates 'hijack' oil tanker Smyrni near Oman.

Algerian Islamists: Widespread fraud in elections.

West African mediators in G.Bissau crisis talks.

Congo clashes as 'Terminator' Ntaganda deadline expires.

Saif al-Islam Gaddafi 'gave direct orders for Libyan opponents to be killed'.

Egyptians watch first presidential debate with bemusement.

EUROPE

Spain unveils major financial reforms.

Eurozone economy to shrink by 0.3%, EU Commission says.

Greece hurtles towards new election; hard left leads.

Europe's rising risks from Greece.

First hope of Greek coalition government as socialist parties say they could work together.

France's Hollande: Sarkozy underplayed budget woes.

French left set to win parliament vote: Polls.

Putin warns Sochi construction firms to hurry up.

British PM faces scrutiny over ties to Murdoch. Cameron had private talks with Brooks on hacking.

Dutch court bans Pirate Party links to The Pirate Bay.

AMERICAS

13% in U.S. foreign-born, a level last seen in 1920.

Peru ministers resign over Shining Path rebel clashes.

Warnings of civil unrest in Venezuela.

Colombia prostitute at center of Secret Service scandal interviewed at US Embassy in Madrid.

US trade deficit grows in March.

George Clooney raises $15 million for Barack Obama - with a little help from his Hollywood friends.

TERRORISM/THE LONG WAR

U.S. lawmakers want Haqqani named "terrorist" group.

British agent in underpants bomb plot had been working undercover 'for up to a year'.

British played central role in foiled bomb operation: sources.

Yemenis choose jihad over Iranian support.

Kenya trial Briton Jermaine Grant 'linked to 7/7 bomber'.

ECONOMY/FINANCE/BUSINESS

Facebook co-founder Saverin gives up U.S. citizenship before IPO.

Revealed: London trader known as 'Voldemort' who is suspected of blowing bank's staggering $2billion loss. JPMorgan hit by 'egregious' trading loss of $2 billion. Calls to toughen regulation follow JPMorgan loss.

Facebook starts charging: Site launches its own app store to take on Apple and Google - and you'll have to PAY for some up front.

Facebook's IPO already oversubscribed: source.

Dismal China, India data signal slowing growth.

Companies must raise £28 trillion to finance 'wall' of debt.

OPEC: Global oil supply outpacing demand.

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