Analysis: Syria peace conference: Don't hold your breath

Analysis: Syria peace conference: Don't hold your breath


Analysis: Syria peace conference: Don't hold your breath

Posted: 27 Jun 2013 10:14 PM PDT

Obama meets with Vladimir Putin during the G8 Summit at Lough Erne in EnniskillenBy Louis Charbonneau UNITED NATIONS (Reuters) - How deep is the divide separating Russia and the United States on Syria? A photo from the recent G8 summit in Northern Ireland says it all - two grim-faced leaders slouched in their chairs, Barack Obama biting his lip and Vladimir Putin staring at the floor. The awkward photo opportunity, which went viral on the Internet, highlights the increasingly tense relationship between the former Cold War foes who find it difficult to agree on a series of high-profile issues, including Syria and a fugitive U.S. ...


Asia stocks boosted by Japan, US indicators

Posted: 27 Jun 2013 10:29 PM PDT

A man walks by an electronic stock board of a securities firm in Tokyo, Thursday, June 27, 2013. Stock markets from Sydney to Shanghai extended gains for a second day Thursday after the U.S. said quarterly growth may be weaker than expected, raising investors' hopes that the Federal Reserve would delay plans to wind down its stimulus program.(AP Photo/Koji Sasahara)BANGKOK (AP) — Asian stock markets were boosted Friday by encouraging indicators from Japan and further proof that the U.S. economy is on the upswing.


Analysis: Syria peace conference: Don't hold your breath

Posted: 27 Jun 2013 10:14 PM PDT

UNITED NATIONS (Reuters) - How deep is the divide separating Russia and the United States on Syria? A photo from the recent G8 summit in Northern Ireland says it all - two grim-faced leaders slouched in their chairs, Barack Obama biting his lip and Vladimir Putin staring at the floor.

US cut of trade privilege angers Bangladesh

Posted: 27 Jun 2013 10:06 PM PDT

Punitive move by US, described by Dhaka as "shocking", follows deadly garment factory collapse that killed 1,100 people.

Watchdog warns of waste in Afghan aircraft buy

Posted: 27 Jun 2013 09:39 PM PDT

FILE - In this Monday, May 13, 2013 file photo, an Mi-17 helicopter used by the Afghan Air Force sits on Bagram Air Field in Afghanistan. The Pentagon is spending more than three-quarters of a billion dollars to buy Russian-made helicopters and other aircraft for an Afghan aviation unit that lacks the troops and expertise to operate and maintain the equipment, a government watchdog warned in a report Friday June 28, 2013. (AP Photo/Kristin M. Hall, File)WASHINGTON (AP) — The Pentagon is spending more than three-quarters of a billion dollars to buy Russian-made helicopters and other aircraft for an Afghan aviation unit that lacks the troops and expertise to operate and maintain the equipment, a government watchdog warned.


The Powerful People With The Most Staying Power

Posted: 27 Jun 2013 09:17 PM PDT

People Do Business With People They Like

Posted: 27 Jun 2013 09:17 PM PDT

People ultimately choose to do business with people they like, and everyone likes someone who appreciates them.

China official in sex case gets prison for bribery

Posted: 27 Jun 2013 10:16 PM PDT

FILE - In this June 19, 2013 file photo, Lei Zhengfu, center, former Communist Party chief of Chongqing city's Beibei district, who was involved in a sex tape scandal, attends his trial on corruption charges, in a court in southwestern China's Chongqing city. The former Chinese official at the center of a sex scandal has been sentenced to 13 years in prison on Friday, June 28, 2013 for taking bribes of more than 3 million yuan ($510,000). (AP Photo, File) CHINA OUTBEIJING (AP) — A former Chinese official at the center of a sex tape scandal was convicted of taking more than 3.1 million yuan ($500,000) in bribes and sentenced to 13 years in prison Friday, at a time when China's new generation of leadership has vowed to crack down on widespread graft.


Upbeat Japan data cheers Nikkei, Asia - gold slumps

Posted: 27 Jun 2013 08:53 PM PDT

Employee of TSE works at the bourse in TokyoBy Ian Chua SYDNEY (Reuters) - Asian shares rose for a third day on Friday led by a sharp rally in Tokyo's Nikkei, which is on track to end the first half of the year up a barnstorming 31 percent. Gold, however, plumbed fresh three-year lows with investors battered and bruised after a 30 percent drop this year. Analysts suspect the recent leg lower was due in part to forced liquidations of positions and quarter-end selling by funds. MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.9 percent, pulling further away from an 11-month low and wiping out this week's losses. ...


China to Speed Efforts to Loosen Capital-Movement Restrictions

Posted: 27 Jun 2013 08:47 PM PDT

China will speed up its efforts to loosen restrictions on capital moving in and out of the country, its top central banker said, without specifying a timetable.

Ding Xuedong Likely Head of China Fund

Posted: 27 Jun 2013 08:43 PM PDT

China's top leaders are likely to name Ding Xuedong, currently a deputy secretary-general of China's cabinet, as head of China Investment Corp.

Analysis: Egypt prepares leap in the dark. Again

Posted: 27 Jun 2013 03:07 PM PDT

Protesters light a poster of President Mohamed Mursi on fire in Tahrir square, CairoBy Alastair Macdonald and Yasmine Saleh CAIRO (Reuters) - Egypt is heading for a "dark tunnel", says the head of its armed forces. How he and his generals respond to a political showdown in the streets may determine whether its new democracy survives to see the light. The warning at the start of the week from General Abdel Fattah al-Sisi was presented as a wake-up call to the rival factions, President Mohamed Mursi and his Islamist allies on one side, a disparate coalition of liberals and a mass of Egyptians simply frustrated by economic stagnation on the other. ...


Asia stocks rise after release of positive US data

Posted: 27 Jun 2013 08:31 PM PDT

A man walks by an electronic stock board of a securities firm in Tokyo, Thursday, June 27, 2013. Stock markets from Sydney to Shanghai extended gains for a second day Thursday after the U.S. said quarterly growth may be weaker than expected, raising investors' hopes that the Federal Reserve would delay plans to wind down its stimulus program.(AP Photo/Koji Sasahara)BANGKOK (AP) — Asian stock markets were boosted Friday by further proof that the U.S. economy is on the upswing.


One dead as Egypt simmers ahead of rallies

Posted: 27 Jun 2013 08:38 PM PDT

CAIRO (Reuters) - Egypt's ruling Muslim Brotherhood said one man was shot dead and four wounded in an attack on a provincial party office, stoking factional rivalries ahead of mass rallies starting on Friday.

At 100, the Tour de France Is Quite Happy to Forget

Posted: 27 Jun 2013 08:29 PM PDT

As Tour de France organizers gear up this weekend to launch the 100th installment of cycling's most glamorous race, they are doing their best to avoid a delicate topic: the doping epidemic.

Death toll from west China's violence rises to 35

Posted: 27 Jun 2013 08:56 PM PDT

BEIJING (AP) — The official death toll rose to 35 Friday from an outburst of violence that included knife attacks on police in a far-western region that has seen frequent clashes between China's Muslim minority Uighurs and the ethnic Han majority.

In Pictures: 2014 Mazda 3

Posted: 27 Jun 2013 08:05 PM PDT

The 2014 Mazda 3 Grows Up With Sophisticated New Look And Impressive Technology

Posted: 27 Jun 2013 08:05 PM PDT

The 2014 Mazda 3 has a certain maturity about it. Compared to other recently redesigned Asian compacts, such as the Kia Forte and Toyota Corolla, it seems more grown up.

Tense Egypt set for mass rival protests

Posted: 27 Jun 2013 07:51 PM PDT

Supporters of president Morsi prepare for an open-ended protest, two days before planned rallies against him.

Spain's ex-treasurer jailed for corruption

Posted: 27 Jun 2013 07:32 PM PDT

Judge jails former treasurer of ruling party without bail for failing to explain funds held in Swiss bank accounts.

Egypt opposition calls for early elections

Egypt opposition calls for early elections


Egypt opposition calls for early elections

Posted: 27 Jun 2013 01:11 PM PDT

Security forces brace for protests by rival political groups after President Morsi fails to satisfy opposition demands.

Italian fashion boss's crashed plane found

Posted: 27 Jun 2013 01:04 PM PDT

Wreckage of Vittorio Missoni's aircraft, which disappeared in January, discovered on seabed off the coast of Venezuela.

World Briefing | Asia: China Calls Clash in Tense Region a ‘Terrorist Attack’

Posted: 27 Jun 2013 12:20 PM PDT

A state media report also raised the death toll to 35 in the clash, which occurred in the ethnically divided region of Xinjiang.
    


India Begins Mass Cremation of Flood Victims, Many Missing

Posted: 27 Jun 2013 04:37 AM PDT

India began the mass cremation of bodies recovered after devastating floods in the country's northern Himalayan region, government officials said on Thursday, adding that hundreds of people were still missing.
    

US downgrades Bangladesh trade ties

Posted: 27 Jun 2013 12:49 PM PDT

The US suspends longstanding trade privileges for Bangladesh until it improves workers' safety conditions in the clothing industry.

US downgrades Bangladesh trade ties

Posted: 27 Jun 2013 12:49 PM PDT

The US suspends longstanding trade privileges for Bangladesh until it improves workers' safety conditions in the clothing industry.

US consumer spending rose in May

Posted: 27 Jun 2013 09:40 AM PDT

Economic data points to continuing growth in the US economy, with US consumer spending in May reversing a fall in April

U.S. Suspends Bangladesh Special Trade Status

Posted: 27 Jun 2013 12:15 PM PDT

The U.S. is planning to suspend its preferential trade treatment for Bangladesh, a largely symbolic move to punish the country for poor labor practices that attracted world-wide attention after a garment factory collapsed in April, killing more than 1,100 workers.

In Mexico, dismay for the border ‘surge’ proposed in U.S. Senate immigration bill

Posted: 27 Jun 2013 12:23 PM PDT

MEXICO CITY — When Sen. John McCain (R-Ariz.) said this week that the Senate immigration bill would transform the U.S.-Mexico boundary into "the most militarized border since the fall of the Berlin Wall," it sounded to many here like a sensible statement of criticism.

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Nets Working on Trade for Garnett and Pierce

Posted: 27 Jun 2013 12:29 PM PDT

The Celtics and Nets are looking to swap Paul Pierce and Kevin Garnett for Gerald Wallace and Kris Humphries, according to a source connected to the negotiations.
    

France moves against reheated dishes

Posted: 27 Jun 2013 12:19 PM PDT

French MPs approve a bill forcing restaurants to label as "home-made" dishes which were prepared from raw ingredients in their kitchen.

Kerry resumes tough Israeli-Palestinian peace mission

Posted: 27 Jun 2013 12:35 PM PDT

AMMAN (Reuters) - U.S. Secretary of State John Kerry's drive to revive Middle East peace talks hit familiar warning signals on Thursday as Israel's prime minister stressed security needs and a Palestinian negotiator denounced Israeli settlement building.

White House confirms suspending trade benefits for Bangladesh

Posted: 27 Jun 2013 01:03 PM PDT

WASHINGTON (Reuters) - The United States is suspending long-time trade benefits for Bangladesh until the country makes progress on poor workers' safety conditions that have cost more than 1,200 lives in the garment sector in the past year, the White House said on Thursday.

DealBook: U.S. Announces Civil Charges Against Corzine

Posted: 27 Jun 2013 12:39 PM PDT

Federal regulators have announced a lawsuit against Jon S. Corzine, the former chief executive of MF Global, in connection with the brokerage firm's misuse of customer money during its final days.
    


Police Leader Says City Will Suffer Under Oversight Measures

Posted: 27 Jun 2013 11:48 AM PDT

After the City Council approved two bills, Commissioner Raymond W. Kelly painted the votes as a defeat for the people of New York, not just his department.
    

Djokovic wins under Wimbledon roof

Posted: 27 Jun 2013 11:47 AM PDT

World number one Novak Djokovic beats American Bobby Reynolds under the Centre Court roof on a rain-hit day at Wimbledon.

Clashes outside Brazil football venue

Posted: 27 Jun 2013 12:02 PM PDT

Brazilian police use tear gas against demonstrators ahead of the Spain-Italy Confederations Cup match in the north-eastern city of Fortaleza.

The rise and fall of Julia Gillard

Posted: 27 Jun 2013 11:05 AM PDT

CNN's Michael Holmes looks at Julia Gillard's tumultuous three years as Australia's first female prime minister.

Inside Moscow 'no man's land'

Posted: 27 Jun 2013 10:21 AM PDT

CNN's John Defterios and Amir Daftari describe what it's like in the transit zone of Moscow's airport, where NSA leaker Edward Snowden has been reportedly holed up for days.

Special delivery for Iraq's Baby Noor

Posted: 27 Jun 2013 11:55 AM PDT

Seven years ago, she captured the hearts of soldiers who brought her to the U.S. for life-saving surgery. Now she's stolen the hearts of ordinary Americans who read of her plight and pitched in to make her life a bit less difficult.