Eurozone offers Spains 30 bn euros for banks

Eurozone offers Spains 30 bn euros for banks


Eurozone offers Spains 30 bn euros for banks

Posted: 10 Jul 2012 12:04 AM PDT

Eurozone finance ministers agreed Tuesday to offer Spain 30 billion euros this month to help its distressed banks as they raced to battle market scepticism over efforts to tackle the debt crisis.

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Israel ex-PM Olmert cleared on key graft charges: media

Posted: 10 Jul 2012 12:02 AM PDT

An Israeli court acquitted former prime minister Ehud Olmert on two key corruption charges on Tuesday while finding him guilty on a lesser charge, media reported.

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Probe finds 'shocking' abuse in Australian military

Posted: 10 Jul 2012 12:00 AM PDT

A damning report on the Australian military Tuesday detailed 24 allegations of rape that never went to trial and other claims that Defence Minister Stephen Smith admitted would "shock" people.

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Former Israeli PM Olmert found guilty of corruption charge

Posted: 09 Jul 2012 11:47 PM PDT

JERUSALEM (Reuters) - Former Israeli Prime Minister Ehud Olmert was found guilty on Tuesday of a corruption charge but acquitted on two other counts.



Eurozone ready to offer Spain 30bn euros by this month

Posted: 09 Jul 2012 11:37 PM PDT

Eurozone finance ministers agreed Tuesday to grant Spain additional one year until 2014 to reach its deficit reduction targets and a 30 billion euro (US$37 billion) loan by the end of this month to help Madrid's troubled banks, China's Xinhua news agency reported.

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VIDEO: Hollande under pressure over tax plans

Posted: 09 Jul 2012 11:29 PM PDT

With EU tax on the agenda for French President Francois Hollande's visit to London, the BBC's Christian Fraser assesses his tax plans at home.


Analysis - Japan plan to buy disputed isles risks China's ire

Posted: 09 Jul 2012 10:21 PM PDT

TOKYO (Reuters) - Japan's prime minister appears to be trying to dampen tensions with China with a proposal to buy islands at the centre of a row with Beijing, instead of letting the nationalist governor of Tokyo proceed with his own provocative plan to purchase them.



Thousands of Pakistanis protest opening of NATO supply route

Posted: 09 Jul 2012 07:58 PM PDT

ISLAMABAD, July 10 — Thousands of supporters of hardline religious groups gathered in the Pakistani capital yesterday to protest against their government's decision to reopen supply lines for US-led NATO troops in Afghanistan. The protest was the largest so far against the reopening of the routes. Shops closed early in Islamabad and police set up ...



Old wine in new bottles

Posted: 09 Jul 2012 10:54 PM PDT

The situation 21 years ago was similar to the current situation. Freedom, democracy, openness, economic prosperity and the increase of national income were highlighted at that time and today, the transformation plans carry the same goals. At that time, we still had 29 years to achieve the vision. However, could we still be as optimistic as before as it is now only eight years left?

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China bishop, named by Rome, held in seminary - source

Posted: 09 Jul 2012 10:07 PM PDT

BEIJING (Reuters) - A Chinese priest who publicly quit the state-sanctioned Catholic Church and was made bishop with the pope's approval was taken away by officials last weekend and is being held in his seminary, a source said on Tuesday, in a move likely to further strain relations between Beijing and the Vatican.



Detained Thais to face charges: Myanmar state media

Posted: 09 Jul 2012 10:36 PM PDT

Dozens of Thai nationals will face charges in neighbouring Myanmar after they were held for illegally crossing the border to run rubber plantations, state media said Tuesday.

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Bandit suspect, 10 others in Philippine jail break

Posted: 09 Jul 2012 10:35 PM PDT

Philippine police said an alleged bandit leader and 10 other inmates escaped from a jail in the south of the country Tuesday by cutting through iron bars with a hacksaw.

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Park stakes her claim to make history in S. Korea

Posted: 09 Jul 2012 10:34 PM PDT

Park Geun-Hye, the daughter of an assassinated South Korean dictator, will make history in a male-dominated society if her campaign to become the country's first female president succeeds.

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Berlin flat dwellers trace former tenants lost to Holocaust

Posted: 09 Jul 2012 10:31 PM PDT

A plaque hangs on the wall of a well-to-do apartment building in a quiet German street commemorating nearly 30 former residents driven from their homes or murdered by the Nazis.

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China's proud new luxury brands on the rise

Posted: 09 Jul 2012 10:27 PM PDT

For many years designer Guo Pei drew inspiration for her luxury clothes collections from travelling abroad, but recently she decided to focus solely on China's culture.

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Cooling off

Posted: 09 Jul 2012 10:08 PM PDT

Children jump into the Big Wood River from an old train bridge to cool off in Sun Valley, Idaho. According to a report from the National Oceanic and Atmospheric Administration, the first six months of 2012 accounted for the warmest January-June period on record for the US mainland since record keeping began in 1895.

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South Korea's Park softens stand in presidential bid

Posted: 09 Jul 2012 09:28 PM PDT

SEOUL (Reuters) - The frontrunner to win South Korea's presidential election, Park Geun-hye, launched her third bid to become the first woman to lead the country on Tuesday, abandoning earlier tough policies with an inclusive message aimed at winning over younger voters.



VIDEO: Liberal alliance 'leads' in Libya polls

Posted: 09 Jul 2012 10:22 PM PDT

Unofficial early results from the Libyan elections suggest that the country is bucking the Arab Spring trend of voting in Islamists, following the overthrow of a dictator.


London's new Olympic stadium ready for athletes

Posted: 09 Jul 2012 09:44 PM PDT

(LONDON-AFP) - London's Olympic stadium ready to welcome the 2012 sports extravaganza. Copyright (AFP RELAXNEWS/ AFPTV), 2012.

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London's new Olympic Aquatics Centre ready for Games

Posted: 09 Jul 2012 09:41 PM PDT

LONDON-AFP) - With weeks to go until the Olympic Games, London's new Aquatics Centre is ready to welcome the world's athletes. Copyright (AFP RELAXNEWS/ AFPTV), 2012.

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