Tuesday, July 3, 2012

Analysis: Mexico's creaky economy to test Pena Nieto's ambitions

Analysis: Mexico's creaky economy to test Pena Nieto's ambitions


Analysis: Mexico's creaky economy to test Pena Nieto's ambitions

Posted: 02 Jul 2012 02:16 PM PDT

Enrique Pena Nieto, presidential candidate of the Institutional Revolutionary Party (PRI), casts his vote in AtlacomulcoMEXICO CITY (Reuters) - Mexico's creaky domestic economy, riddled with monopolies and inefficiencies, makes the next government's goal of boosting growth to rates last seen in the 1970's seem like a pipe dream. The return to power of the Institutional Revolutionary Party, or PRI, in Sunday's presidential election may be Mexico's best chance for significant economic remodeling in a generation. But the checkered history of reforms in Latin America's second-biggest economy, producing failure as often as success, underscores the size of the challenge. ...


Syria running 27 torture centers: rights group

Posted: 02 Jul 2012 10:08 PM PDT

(Note: graphic details) NEW YORK (Reuters) - Syrian intelligence agencies are running torture centers across the country where detainees are beaten with batons and cables, burned with acid, sexually assaulted, and their fingernails torn out, Human Rights Watch said in a report released on Tuesday. The New York-based rights group identified 27 detention centers that it says intelligence agencies have been using since President Bashar al-Assad's government began a crackdown in March 2011 on pro-democracy protesters trying to oust him. ...

Syria strikes Damascus suburb; U.N. decries arms flow

Posted: 02 Jul 2012 10:18 PM PDT

Members of rebel group Khaled ibin al Walid Fighters take position at a front line fighting at Hamidiyeh district area in the central city of HomsBEIRUT (Reuters) - Syrian helicopters bombarded a Damascus suburb on Monday and Turkey scrambled warplanes near the border in the north, as the U.N. human rights chief warned that arms supplies to both the government and rebels were deepening the 16-month conflict. Fighting has come to the gates of the capital in recent weeks and is also raging throughout the country as the battle to unseat President Bashar al-Assad increasingly takes on the character of an all-out civil war, fuelled by sectarian hatred. ...


Bombs targeting pilgrims in Iraq kill four, wound 21

Posted: 02 Jul 2012 11:41 PM PDT

BAGHDAD (Reuters) - Two roadside bombs targeting Shi'ite pilgrims killed four people and wounded 21 on Tuesday near the central Iraqi city of Kerbala, hospital and police sources said. The attack, 80 km (50 miles) southwest of Baghdad, is the latest in a series of bombings in Iraq aimed at Shi'ite worshippers. Shi'ite pilgrims in Kerbala will be celebrating the birthday of an important imam in the coming days. Increased attacks in Iraq in recent weeks have raised fears that the country could slip back into widespread sectarian violence. ...

Fire put out at Angarsk oil storage site in Russia

Posted: 02 Jul 2012 11:21 PM PDT

MOSCOW (Reuters) - An underground oil storage facility caught fire in the Siberian town of Angarsk on Tuesday, Russia's Emergencies Ministry said on its Internet site, saying one person had been injured and one missing. Previously two people were unaccounted for but Interfax news agency said one of the workers was found alive. The ministry said the fire at the reservoir of 500 cubic meters, located northwest of the city of Irkutsk, was reported at 8.31 a.m. local time (7.31 p.m. EDT). The fire at the site owned by private company Deltakom, was extinguished at 11.34 a.m. ...

For Philippines leader, it's war on graft, tax evasion

Posted: 02 Jul 2012 10:39 PM PDT

File photo of Philippine President Aquino gesturing during an interview with Reuters at the Malacanang presidential palace in ManilaMANILA (Reuters) - A middle-class woman is headed to jail for tax evasion. That wouldn't make headlines in many countries, but it's big news in the Philippines. It was enough to send President Benigno Aquino reaching excitedly for his phone during an interview this week to retrieve a message about the case from his tax chief. Businesswoman Gloria Kintanar had just exhausted her appeals and would become the first tax evader in Philippine history to be jailed - once authorities deal with her claim of illness at the hospital where she is under arrest. "Once her claim is verified ... ...


Russia's Medvedev lands on disputed Far East island

Posted: 03 Jul 2012 12:34 AM PDT

MOSCOW (Reuters) - Russian Prime Minister Dmitry Medvedev arrived on Tuesday at a remote island in the far eastern Kuril archipelago, which is claimed by both Russia and Japan, Russian news agencies reported, in a trip likely to strain relations between the two countries. (Reporting by Thomas Grove; Editing by Alison Williams)

Yudhoyono proposes Australia-U.S.-Indonesia exercises

Posted: 02 Jul 2012 10:57 PM PDT

CANBERRA (Reuters) - Indonesian President Susilo Bambang Yudhoyono on Tuesday proposed joint military disaster exercises with Australia and the United States in a sign of easing concerns in Jakarta over American troop deployments to northern Australia. Under U.S. President Barack Obama's "pivot" to the Asia-Pacific, the U.S. will rotate 2,500 Marines through a base near the northern Australian city of Darwin in a decision which Indonesia initially said created tension and mistrust. During a two-day visit to Darwin, Yudhoyono made no mention of the U.S. ...

Egypt's new president faces burden of expectation

Posted: 02 Jul 2012 05:02 AM PDT

Egypt's new President Mursi and Field Marshal Tantawi, head of Egypt's ruling SCAF, pose for a picture during a ceremony where the military handed over power to Mursi at a military base in HikstepCAIRO (Reuters) - If Egypt's new president, Mohamed Mursi, needs any reminder of the weight of expectations bearing down as he begins work, he can glance from a window of the presidential palace. Citizens seeking jobs, compensation from the state or clemency for jailed relatives crowded at the palace gates on Sunday, showing how Mursi's unprecedented popular mandate has raised hopes for a more responsive kind of government. "My name is Alaa Ahmed Bayoumy and I am here to ask for a higher pension," said one 52-year-old among the group mingling with palace security officials. ...


Myanmar parliament's agenda: reshaping the economy

Posted: 02 Jul 2012 10:16 PM PDT

YANGON (Reuters) - A year and a half after it opened to skepticism from the West, Myanmar's fledgling parliament reconvenes this week for its biggest task yet: debating an ambitious set of laws to reshape an economy that wilted during half a century of military rule. The assembly was written off as a sham when it opened in January 2011, but the lawmakers are getting bolder and more vocal and the new session will be a test of their reformist mettle, even if opposition leader Aung San Suu Kyi is not taking her seat this week, citing exhaustion. ...

Report: Assad regrets shooting down Turkish jet

Posted: 03 Jul 2012 12:45 AM PDT

Syrian President Bashar Assad says he regrets the shooting down of a Turkish jet by his forces, and he will not allow tensions between the two neighbors to turn into an "armed conflict," a Turkish newspaper reported Tuesday.

Barclays boss Diamond quits

Posted: 03 Jul 2012 12:22 AM PDT

Barclays Chief Executive Bob Diamond has resigned with immediate effect, the latest scalp of a financial markets scandal that has also cost the job of the chairman.

Myanmar freeing 46 prisoners; Suu Kyi wants more

Posted: 02 Jul 2012 11:24 PM PDT

Back from her triumphant tour of Europe, opposition leader Aung San Suu Kyi stepped up calls Tuesday for the release of hundreds of political prisoners still behind bars.

APNewsBreak: Evidence of 'God particle' found

Posted: 02 Jul 2012 03:50 PM PDT

FILE - In this May 20, 2011 file photo, a physicist explains the ATLAS experiment on a board at the European Center for Nuclear Research, CERN, outside Geneva, Switzerland. The illustration shows what the long-presumed Higgs boson particle is thought to look like. Scientists at CERN plan to make an announcement on Wednesday, July 4, 2012 about their hunt for the elusive sub-atomic particle. Physicists have said previously they are increasingly confident that they are closing in on it based on hints at its existence hidden away in reams of data. (AP Photo/Anja Niedringhaus, File)Physicists say they have all but proven that the "God particle" exists. They have a footprint and a shadow, and the only thing left is to see for themselves the elusive subatomic particle believed to give all matter in the universe size and shape.


Pope fires Slovak bishop in rare show of authority

Posted: 03 Jul 2012 12:07 AM PDT

Pope Benedict XVI waves as he arrives for an audience to newly appointed archbishops, the day after they received the pallium, a woolen shawl symbolizing their bond to the pope, at the Paul VI hall, Vatican, Saturday, June 30, 2012. (AP Photo/Riccardo De Luca)Pope Benedict XVI fired a 52-year-old Slovak bishop for apparently mismanaging his diocese in a rare show of papal power over bishops that could have implications for U.S. sex abuse cases.


Monsoon floods kill 81 in India, force 2M to flee

Posted: 02 Jul 2012 08:19 PM PDT

A boat carries flood relief materials as monsoon clouds surrounded the flood affected Gagalmari village in Assam state, India, Monday, July 2, 2012. The floods from monsoon rains in northeastern India killed dozens of people, with more than 2,000 villages inundated as rivers breached their banks, an official said Sunday. (AP Photo/Anupam Nath)The worst monsoon floods in a decade to hit a remote northeastern Indian state have killed more than 80 people and forced around 2 million to leave their homes.


Mexico's leftists again question presidential vote

Posted: 02 Jul 2012 11:06 PM PDT

A man holds up a sign that reads in Spanish "No to electoral fraud" outside a hotel where Mexican presidential candidate Andres Manuel Lopez Obrador of the Democratic Revolution Party (PRD), gave a news conference in Mexico City, Monday, July 2, 2012. After official results showed Enrique Pena Nieto of the Institutional Revolutionary Party (PRI) winning 38 per cent of the vote with more than 92 per cent of the votes counted, Lopez Obrador has not conceded Sunday's elections, telling his supporters Monday evening that, Pre-election polls on Mexico's presidential vote had projected that leftist presidential candidate Andres Manuel Lopez Obrador would lose by a double-digit margin.


Egypt's new leader claims revolution's mantle

Posted: 02 Jul 2012 02:43 PM PDT

FILE - In this Friday, June 29, 2012 file photo, Egypt's President-elect Mohammed Morsi opens his suit jacket to show his supporters that he is not wearing body armor at Tahrir Square, the focal point of Egyptian uprising, during his speech in Cairo, Egypt. The message is clear: Morsi has nothing to fear because he sees himself as the legitimate representative of Egypt's uprising. His speeches reveal a populist bent, making generous promises that many are skeptical he can keep. And though he began as an awkward and uninspiring speaker, he appears to be striving to reinvent his decidedly uncharismatic public persona. (AP Photo/Amr Nabil, File)Standing before tens of thousands of adoring supporters in Tahrir Square, President Mohammed Morsi opened his jacket in a show of bravado to prove he was not wearing a bullet-proof vest. The message was clear: He has nothing to fear because he sees himself as the legitimate representative of Egypt's uprising.


Islamists continue destroying Timbuktu heritage

Posted: 02 Jul 2012 12:10 PM PDT

Muslim extremists continued destroying the heritage of the ancient Malian city of Timbuktu on Monday, razing tombs and attacking the gate of a 600-year-old mosque, despite growing international outcry.

Officials: Iranians targeted Israeli, US interests

Posted: 02 Jul 2012 01:36 PM PDT

FILE - In this Wednesday, June 27, 2012 file photo, a Kenyan policewoman accompanies Iranian nationals Sayed Mansour Mousavi, center, and Ahmad Abolfathi Mohammad, right, in the Nairobi magistrates court in Nairobi, Kenya, where they faced charges related to the possession of explosives. On Monday, July 2, 2012, officials told The Associated Press that Mousavi and Mohammad, who led authorities to a cache of explosives after their arrest, planned to attack Israeli, U.S., British or Saudi targets inside Kenya. (AP Photo/Khalil Senosi, File)Two Iranians who led authorities to a cache of explosives after their arrest planned to attack Israeli, U.S., British or Saudi targets inside Kenya, officials told The Associated Press on Monday.


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