Wednesday, June 16, 2010 | Headline News from Around the World

Oil hovers near $77 as stocks extend rally

By ALEX KENNEDY | Posted: Wednesday, June 16, 2010 12:25 am Oil prices hovered near $77 a barrel Wednesday in Asia as a rally fueled by a stock market surge and a stronger euro pauses. » read more
Keywords: market surge stock market rally fueled barrel wednesday prices hovered Date: 06-16-2010 Posted In: news | business

Wall Street cheer extends to Asian stocks

By PAMELA SAMPSON | Posted: Wednesday, June 16, 2010 12:04 am Asian markets climbed in holiday-thinned trade Wednesday after industrial and technology stocks drove Wall Street sharply higher and investors put aside worries about Europe's debt mountain. » read more
Keywords: street sharply stocks drove sharply higher aside worries about europe Date: 06-16-2010 Posted In: news | business

Stocks see broad gains; Industrials, tech climb

By TIM PARADIS | Posted: Tuesday, June 15, 2010 5:14 pm Industrial and technology stocks pulled the market sharply higher Tuesday after Boeing Co. » read more
Keywords: industry group boosting production group forecast computers would would increase Date: 06-16-2010 Posted In: news | business

Best Buy shoppers spend less than expected for qtr

By MAE ANDERSON | Posted: Tuesday, June 15, 2010 3:52 pm Best Buy shoppers spent less than expected this spring, contributing to a rocky first quarter for the chain and disappointing Wall Street, but executives said the weak results don't mean Americans have less of an appetite for electronics. » read more
Keywords: first quarter rocky first spring contributing shoppers spent Date: 06-16-2010 Posted In: news | business

Fed adopts rules to protect credit card customers

By JEANNINE AVERSA | Posted: Tuesday, June 15, 2010 3:40 pm The Federal Reserve adopted new rules Tuesday aimed at protecting credit card customers from getting socked by lofty late payment charges and other penalty fees. » read more
Keywords: getting socked payment charges other penalty protecting credit tuesday aimed Date: 06-16-2010 Posted In: news | business

Homebuilders less confident in recovery

By ALAN ZIBEL | Posted: Tuesday, June 15, 2010 2:50 pm Homebuilders are feeling less confident in the recovery now that government incentives for buyers have expired. » read more
Keywords: government incentives Date: 06-16-2010 Posted In: news | business

Greece settles debt to solve hospital crisis

By NICHOLAS PAPHITIS | Posted: Tuesday, June 15, 2010 12:39 pm The government of debt-ridden Greece said Tuesday it had struck a preliminary deal to pay off billions owed to drug and medical suppliers, ending a standoff that caused severe shortages at state hospitals and forced operations to be suspended. » read more
Keywords: severe shortages state hospi caused severe suppliers ending medical suppliers Date: 06-16-2010 Posted In: news | business

Financial Overhaul 101: How oversight would change

By DANIEL WAGNER | Posted: Tuesday, June 15, 2010 12:27 pm Three things we know about the financial crisis: Big banks made reckless bets. » read more
Keywords: regulators failed those vulnerabilities their regulators their weaknesses financial crisis Date: 06-16-2010 Posted In: news | business

Israel: UN to take seized flotilla goods to Gaza

By TIA GOLDENBERG | Posted: Tuesday, June 15, 2010 9:30 pm The United Nations will take to Gaza tons of aid supplies languishing in an Israeli port for two weeks since they were seized in a bloody sea confrontation, the Israeli military said Tuesday. » read more
Keywords: world news israeli israeli military weeks since supplies languishing Date: 06-16-2010 Posted In: news | world

Mexican troops kill 15 gunmen on Taxco outskirts

By MARK STEVENSON | Posted: Tuesday, June 15, 2010 8:04 pm Soldiers battled gunmen for nearly an hour Tuesday on the outskirts of the popular tourist town of Taxco, killing 15 suspects as escalating bloodshed puts June in line to become the deadliest month yet in Mexico's drug war. » read more
Keywords: world news escalating bloodshed deadliest month taxco killing popular tourist Date: 06-16-2010 Posted In: news | world

Swiss parliament approves US tax deal on 2nd try

By ELIANE ENGELER | Posted: Tuesday, June 15, 2010 7:56 pm The Swiss parliament on Tuesday approved a treaty with the United States that will hand thousands of files on suspected tax cheats to U. » read more
Keywords: world news could delay obstacles remain united states tuesday approved Date: 06-16-2010 Posted In: news | world

Attorney for Van der Sloot quits

By CARLA SALAZAR | Posted: Tuesday, June 15, 2010 1:49 pm The recently hired Peruvian defense attorney for accused murderer Joran van der Sloot said Tuesday that he's quitting after receiving death threats. » read more
Keywords: world news quitting after after receiving receiving death death threats Date: 06-16-2010 Posted In: news | world

Cuba denounces US criticism on human trafficking

By PAUL HAVEN | Posted: Tuesday, June 15, 2010 12:03 pm Cuba reacted angrily Tuesday to its inclusion on a U. » read more
Keywords: world news trafficking calling shameful slander child trafficking fight human Date: 06-16-2010 Posted In: news | world

Paris police ban pork street party in Muslim area

By PIERRE-YVES ROGER | Posted: Tuesday, June 15, 2010 9:41 am French police have banned a street party whose organizers planned to serve alcoholic cocktails and pork sausages in a heavily Muslim neighborhood of Paris, authorities said in a statement Tuesday. » read more
Keywords: world news heavily muslim muslim neighborhood paris authorities statement tuesday Date: 06-16-2010 Posted In: news | world

NKorea warns of military response to ship sinking

Posted: Tuesday, June 15, 2010 9:30 am North Korea is warning that its military forces will respond if the U. » read more
Keywords: world news south korean vehemently denies council questions security council Date: 06-16-2010 Posted In: news | world

Unesco suspends prize funded by Equatorial Guinea dictator

Obiang Nguema Mbasogo award put on hold after human rights groups accuse Unesco of 'laundering reputation of kleptocrat' The UN's scientific and cultural organisation, Unesco, has put on hold the award of a prize for "improving the quality of human life" paid for and named after one of Africa's most authoritarian, brutal and corrupt rulers following an international outcry. » read more
Keywords: world news united nations obiang unesco guinea Date: 06-16-2010 Posted In: news | world

Boris Johnson should learn the bike rules of the road in Bogota

Ciclovía keeps cars off the streets in the Colombian capital and brings rich and poor together - if only for a day It's a bright Bogotá morning and I'm sprinting, standing up out of the saddle pushing hard on the pedals to cross La Septima (7th Ave) and 19th street, normally one of the most nightmarish junctions in this traffic-swamped, car-crazy town. » read more
Keywords: world news cycling ciclovã­a bogotã¡ people Date: 06-16-2010 Posted In: news | world

Video: The National Geographic Archive: Antarctica's underwater algae forests

Huge mats of algal growth on the western of coast of Antarctica are being studied by marine biologists for their potential to treat cancer » read more
Keywords: world news marine life treat cancer their potential marine biologists Date: 06-16-2010 Posted In: news | world

Barack Obama's low energy Oval Office speech

Barack Obama's first Oval Office prime-time TV address, on the BP oil spill and energy, was pretty low on voltage For the last two weeks or so, the story line has been that Barack Obama needed to pound the podium more to show the American people he was angry about the oil spill. » read more
Keywords: world news barack obama speech address office Date: 06-16-2010 Posted In: news | world

Barack Obama uses Oval Office speech to lay out battle plan for BP oil spill

'We will make BP pay for the damage their company has caused' says president in TV address Barack Obama used his first Oval Office address last night to try to wrest control over the oil spill catastrophe in the Gulf, laying out what he called a "battle plan" to tackle the crisis. » read more
Keywords: world news bp oil spill company yesterday speech Date: 06-16-2010 Posted In: news | world

Ernst & Young faces inquiry over Lehman audit

Accountancy regulator investigates allegations that Ernst & Young approved hiding of Lehman debt Britain's accountancy regulator will today launch an investigation into Ernst & Young's role as auditor of the European arm of Lehman Brothers. » read more
Keywords: world news lehman brothers accountancy lehman investigation Date: 06-16-2010 Posted In: news | world

FBI tip-off from US prompts gunman scare at Merseyside school

Man arrested by armed police at St Aelred's Catholic Technology College following warning of internet threat from America Armed police were sent to a Merseyside school to investigate internet threats of an apparently imminent gun rampage after they received an alert from the FBI. » read more
Keywords: world news gun crime school police internet Date: 06-16-2010 Posted In: news | world

Labour leadership hopefuls attack Ed Miliband on Iraq war stance

We did not lose 2010 election because of war, insists shadow foreign secretary David Miliband Ed Miliband came under attack last night when his rivals for the Labour leadership hit out at any attempts to "rewrite history" on the Iraq war. » read more
Keywords: world news ed miliband miliband labour hustings Date: 06-16-2010 Posted In: news | world

Letters: Europe's dark clouds

Jürgen Habermas's admirable normative commitment to a European public sphere has once again clouded his political judgment ( A solipsistic colossus , 12 June). » read more
Keywords: world news european union european aspirations europe Date: 06-16-2010 Posted In: news | world

Letters: The British empire and deaths in Kenya

Niall Ferguson ( Letters , 12 June) is right that his Empire does mention the dark side of British imperial history. » read more
Keywords: world news history and history of art history empire elkins Date: 06-16-2010 Posted In: news | world

UK breaking European convention against trafficking, report finds

Charity coalition says government policy undermines attempts to prosecute traffickers and increases suffering of victims Government measures to protect trafficked people have backfired, increasing the suffering of victims and undermining attempts to prosecute the criminal gangs who abused them, a coalition of human rights charities claim today. » read more
Keywords: world news human trafficking trafficking victims trafficked Date: 06-16-2010 Posted In: news | world

Hideously diverse Britain

It's hard not to raise an eyebrow . » read more
Keywords: world news uk news bhupinder eyebrow general unease Date: 06-16-2010 Posted In: news | world

We could not have stopped Gulf oil gusher, ExxonMobil chief tells Congress

But Rex Tillerson and other oil bosses say they would have stopped drilling if they hit the problems BP faced ExxonMobil would have been as powerless as BP to stop the Gulf of Mexico gusher, the chief of the world's biggest oil company told Congress today in a contentious hearing into the oil spill. » read more
Keywords: world news bp oil spill response companies committee Date: 06-16-2010 Posted In: news | world

Michael Tomasky: American public a bunch of crazy socialists

Fascinating new poll I spotted via Greg Sargent shows that the American people are evidently a bunch of nutty left-wingers. » read more
Keywords: world news us domestic policy prices people higher Date: 06-16-2010 Posted In: news | world

Elia Suleiman: stories my father told me

Elia Suleiman makes tender, funny films about Palestinian life. » read more
Keywords: world news film suleiman israeli palestinian Date: 06-16-2010 Posted In: news | world

Merkel's paralysis

Germans are awaiting the fate of their hopeless coalition with resignation. » read more
Keywords: world news germany merkel coalition government Date: 06-16-2010 Posted In: news | world

Robbie Earle sacked by ITV after World Cup ticket giveaway

Fifa takes action over 36 women found with Earle's tickets who were taking part in beer marketing stunt ITV suffered a new World Cup blow today when it was forced to sack the pundit Robbie Earle after tickets in his name found their way to 36 women clad in orange mini-dresses who were part of an ambush marketing attempt. » read more
Keywords: world news itv marketing tickets ambush Date: 06-16-2010 Posted In: news | world

Football: a dear friend to capitalism

The World Cup is another setback to any radical change. » read more
Keywords: world news uk news football people political Date: 06-16-2010 Posted In: news | world

Guardian Daily podcast: Bloody Sunday report calls killings 'unjustifiable'

Henry McDonald is in Derry on a day of mixed emotions for families of those killed on a civil rights march in the city on 30 January 1972. » read more
Keywords: world news bloody sunday guardian former northern Date: 06-16-2010 Posted In: news | world

Why Pakistan must change its priorities

US officials must emphasise that military support for extremists is harmful to Pakistan itself, not just to US interests in the region A report this week from the London School of Economics suggests that Pakistan's Inter-Services Intelligence Agency (ISI) not only funds Taliban fighters in Afghanistan, but is officially represented on the militant movement's leadership council. » read more
Keywords: world news pakistan military pakistan pakistani Date: 06-16-2010 Posted In: news | world

Oil industry less than slick at public relations

The lawmakers ought to conclude that, aside from any failings of BP, the US oil industry regulators have been asleep At last, some good news for BP – its oil industry rivals are equally inept at public relations. » read more
Keywords: world news bp industry mexico walruses Date: 06-16-2010 Posted In: news | world

General David Petraeus faints during grilling over US in Afghanistan

• Hearing suspended for the day as Petraeus recovers • Dehydration, jetlag and lack of food cited as causes America's top commander, General David Petraeus, fainted during a congressional hearing as he was being grilled by senators sceptical about US strategy in Afghanistan. » read more
Keywords: world news us foreign policy petraeus mccain hearing Date: 06-16-2010 Posted In: news | world

World Cup 2010: The man who's bringing vuvuzelas to Britain

Think you'll miss the sound of massed vuvuzelas once the World Cup is over? » read more
Keywords: world news vuvuzelas broughton vuvuzelas season Date: 06-16-2010 Posted In: news | world

Two more British soldiers killed in Afghanistan

News came as servicemen from same battalion as those who died were heckled by Muslim protesters during homecoming parade Two more British soldiers were killed in Afghanistan today as the prime minister, David Cameron, warned of further casualties in the summer "as the so-called fighting season resumes". » read more
Keywords: world news military afghanistan soldiers fighting Date: 06-16-2010 Posted In: news | world

Can Sarah Palin style herself as Thatcher's second coming?

Both attractive women from Nowhere Fancy exploited their femininity. » read more
Keywords: world news united states thatcher couldn public Date: 06-16-2010 Posted In: news | world

Debt-ridden Greece gets vote of confidence from China

• Chinese sign multibillion euro contracts with Greece • News come hours after Greek debt downgrade Greece's debt-ridden economy has received unexpected endorsement from China as the two countries announced multibillion euro accords to boost cooperation in fields as diverse as shipping, tourism and telecommunications. » read more
Keywords: world news european debt crisis greece chinese government Date: 06-16-2010 Posted In: news | world

Luke Harding reports from the city of Osh in Kyrgyzstan

Luke Harding reports from the city of Osh in Kyrgyzstan Luke Harding » read more
Keywords: world news kyrgyzstan harding kyrgyzstanluke harding harding reports Date: 06-16-2010 Posted In: news | world

Marina Semyonova obituary

Ballerina and teacher with the Bolshoi, she shone fresh light on the classical repertory Marina Semyonova, who has died aged 101, was considered by many to have been the greatest of all the ballerinas of the Soviet era. » read more
Keywords: world news ballet semyonova classical bolshoi Date: 06-16-2010 Posted In: news | world

Most Recent News

Barclays CEO John Varley to step down

By ROBERT BARR | Posted: Tuesday, September 7, 2010 2:53 am John Varley, who guided Barclays bank through the credit crisis without resorting to a government bailout, will retire next year as chief executive, to be succeeded by the head of the group's highly profitable investment banking operation, the company said Tuesday. » read more
Keywords: government bailout chief executive without resorting crisis without credit crisis Date: 09-07-2010

Oil falls below $74 as traders look to US economy

By ALEX KENNEDY | Posted: Tuesday, September 7, 2010 2:15 am Oil prices fell to near $74 a barrel Tuesday in Asia as investors mull the strength of the U. » read more
Keywords: barrel tuesday Date: 09-07-2010

Kia's top executive resigns after recalls

By KELLY OLSEN | Posted: Tuesday, September 7, 2010 2:12 am The top executive at Kia Motors has resigned after the company recalled more than 100,000 vehicles worldwide over defective wiring, the automaker said Tuesday. » read more
Keywords: defective wiring vehicles worldwide company recalled resigned after Date: 09-07-2010

Asia stocks down modestly as economy worries ease

By CARLO PIOVANO | Posted: Tuesday, September 7, 2010 12:29 am Asian stock markets mostly fell Tuesday but losses were limited amid easing worries over the pace of the global economic recovery. » read more
Keywords: global economic economic recovery easing worries markets mostly stock markets Date: 09-07-2010