 Annan tells Syria conflict must end 6 a.m. April 12
 05.04.2012 16:37  3487897 views  0 comments
UNITED NATIONS (Reuters) - U.N.-Arab League envoy Kofi Annan has told the Syrian government and opposition that the year-long conflict must end at 6:00 a.m. local time on April 12 if the government meets an April 10 deadline to silence its weapons, Annan said on Thursday. Speaking by video link from Geneva, Annan told the 193-nation U.N. General Assembly that he was urging "the government and the opposition commanders to issue clear instructions so that the message reaches across the country, down to the fighter and soldier at the local level. ... Read more »
| Malawi president critical after cardiac arrest: minister
05.04.2012 16:33 3388888 views 0 comments
 LILONGWE (Reuters) - Malawi President Bingu wa Mutharika was in a critical condition after suffering cardiac arrest and will be airlifted to South Africa for treatment, a senior official told Reuters on Thursday. "Government is flying him to South Africa later this evening," said a senior minister who asked for anonymity. "The condition is very critical." (Reporting by Mabvuto Banda; Writing by Jon Herskovitz, editing by Ed Stoddard)
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| Sarkozy vows budget surplus, debt cut if re-elected
05.04.2012 16:32 3583035 views 0 comments
 PARIS (Reuters) - President Nicolas Sarkozy pledged to achieve a budget surplus for the first time since 1974 and cut France's swelling debt if re-elected on May 6, warning that his Socialist rival would lead the country towards the fate of Greece or Spain. Presenting an austere manifesto less than three weeks before the first round of voting on April 22, Sarkozy said he would put a "golden rule" to parliament in July committing France to balance its budget as promised to its European partners. "Some countries in Europe are on the edge of a precipice today. ...
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| Italy Northern League leader Bossi resigns amid scandal: source
05.04.2012 16:28 3525352 views 0 comments
MILAN (Reuters) - Umberto Bossi, firebrand leader of Italy's opposition Northern League party, resigned on Thursday following allegations that taxpayers' money had been used to pay for renovations at his villa and holidays for his children, a party source said. The move, at a meeting of the League's federal council in Milan, is likely to destabilize the populist, anti-immigration party, weakening one of the main political forces opposing Prime Minister Mario Monti's austerity program in parliament. ... Read more »
| Greek banks face moment of truth on capital holes
05.04.2012 16:28 3209820 views 0 comments
ATHENS (Reuters) - Greek bank shareholders are under pressure from Athens to contribute billions of euros to recapitalize the lenders so that the government can avoid taking them over. Investors will find out next week the details of the financial support package on offer from the Greek government, which desperately wants to keep the banks in private hands. The terms are likely to determine whether shareholders decide to take part. If they balk at the offer, the heavily indebted Greek state could end up owning the banks. In a worst-case scenario, 50 billion euros ($65. ... Read more »
| Greece extends bond swap deadline again for holdouts
05.04.2012 16:28 3320602 views 0 comments
 ATHENS (Reuters) - Greece extended a deadline for a second time on Thursday for remaining bondholders to accept a debt swap, giving Athens a little more breathing space to formulate a response to investors who have refused to sign up for the landmark deal. Athens must in any case make a decision soon, in coordination with its EU and IMF backers, because a 450 million euro bond expires on May 15, finance ministry and banking officials said. ...
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| Algeria says diplomats abducted in northern Mali
05.04.2012 16:27 3474190 views 0 comments
ALGIERS (Reuters) - An unidentified group has abducted Algeria's consul in the northern Mali town of Gao along with six other consular workers, the Algerian foreign minister was quoted as saying on Thursday. "Algeria's consul in Gao and five consular officials were forced to leave the diplomatic mission building. They are currently under the control of parties which we do not know," the official APS news agency quoted Foreign Minister Mourad Medelci as saying. "The Algerian government is doing everything possible to ensure they are freed as quickly as possible," he said. ... Read more »
| U.S. jobless claims fall to lowest since 2008
05.04.2012 16:24 3505873 views 0 comments
 WASHINGTON (Reuters) - The number of Americans lining up for new jobless benefits dropped to the lowest level in nearly four years last week, according to a government report that showed ongoing healing in the labor market. Initial claims for state unemployment benefits fell 6,000 to a seasonally adjusted 357,000, the lowest level since April 2008, the Labor Department said on Thursday. New claims have fallen sharply in recent months, boosting expectations the end of a long cycle of heavy layoffs will lead to more hiring. ...
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| Over 30 reported dead in Syria despite truce talk
05.04.2012 16:23 3463365 views 0 comments
 BEIRUT (Reuters) - Syria told U.N.-Arab League envoy Kofi Annan it had begun pulling troops out of several cities on Thursday in line with a peace plan accepted by President Bashar al-Assad, but his foes said the army was still firing in those towns and elsewhere. Annan said the Syrian army and rebels must end all violence by 6 a.m. Syrian time (0400 GMT) on April 12 if the government meets its agreed deadline to halt fighting two days earlier. ...
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| Syria revolt hampered by disunity, supply failures
05.04.2012 16:11 3267554 views 0 comments
 ANTAKYA, Turkey (Reuters) - Syrian activist Mahmoud Ali walked for two days across rugged hills to Turkey to collect a satellite phone and video equipment promised by dissidents in exile, only to draw a blank. The soft-spoken teacher, wanted by the Syrian authorities for membership of the grassroots Local Coordination Committees (LCC), had dodged landmines, helicopters, army shelling and roadblocks in his home province of Idlib to reach the border. "It has been all in vain," he said. ...
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| FACT CHECK: Romney, Obama gloss over realities
05.04.2012 16:11 3383742 views 0 comments
 Republican presidential hopeful Mitt Romney accused President Barack Obama on Wednesday of inflicting a "government takeover of health care" on Americans, even though Obama's law is closely modeled on the plan Romney achieved in Massachusetts.
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| Brazil wants BRICS united in World Bank choice
05.04.2012 16:02 3067334 views 0 comments
 BRASILIA (Reuters) - Brazil is working for emerging economic powers to jointly support a candidate to lead the World Bank as developing nations seek to bolster their say at the global lender, Finance Minister Guido Mantega said on Thursday. Mantega met earlier on Thursday with the U.S. nominee for the top post Jim Yong Kim, who he said showed vast experience with the developing world. However, he reiterated that Brazil has not yet made up its mind. "By late next week Brazil should have a position on the matter and I will talk with the other BRICS," Mantega told reporters in Brasilia. ...
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| Syria conflict must end at 6 a.m. April 12: Annan
05.04.2012 15:54 3430946 views 0 comments
Tags: Syrian, Army, April, General, Syria, Kobe, Annan, League, Special, Most, EditingFrom:
news.yahoo.com
 UNITED NATIONS (Reuters) - U.N. Arab League envoy Kofi Annan said the Syrian army and rebels in a year-long conflict that has killed thousands must end all violence by 6 a.m. Syrian time April 12 if the government meets its agreed deadline to halt fighting two days earlier. "I urge the government and the opposition commanders to issue clear instructions so that the message reaches across the country, down to the fighter and soldier at the local level," Annan told the U.N. General Assembly. (Reporting by Michelle Nichols and Louis Charbonneau; Editing by Vicki Allen)
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| Exclusive: China ship insurer deals new blow to Iran oil exports
05.04.2012 15:50 3306377 views 0 comments
SINGAPORE (Reuters) - A major Chinese ship insurer will halt indemnity cover for tankers carrying Iranian oil from July, dealing a blow that narrows the insurance options for Tehran's main export already constricted by payment barriers caused by Western sanctions. With Western sanctions on Tehran increasing, sources at the China P&I Club told Reuters on Thursday it did not want to stand alone in the market, especially after insurers in Japan and Europe plan to either limit or ban their own coverage for tankers operating in Iran. ... Read more »
| Santorum trails Romney in his home state of Pennsylvania: poll
05.04.2012 15:42 2843115 views 0 comments
Tags: Police, Santorum, Republican, Risk, Deep, Paul, Mike, WASHINGTON, News, April, Romney, Mitt Romney, GingrichFrom:
news.yahoo.com
 WASHINGTON (Reuters) - Republican presidential candidate Rick Santorum, in what may be a grim development for his campaign, has lost the lead in his home state of Pennsylvania to front-runner Mitt Romney, according to a poll released on Thursday. Romney now leads in Pennsylvania with 42 percent to 37 percent for Santorum, according to the Public Policy Polling survey. Ron Paul was at 9 percent and Newt Gingrich at 6 percent, the poll found. "Mitt Romney has a great chance to deliver a final crushing blow to (Santorum's) campaign on April 24th," said Dean Debnam, president of the polling firm. ...
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| Romney says he'll win Pennsylvania in the fall
05.04.2012 15:40 2930937 views 0 comments
Mitt Romney says winning Pennsylvania in November will win him the White House. Read more »
| Jobless claims fall to lowest since 2008
05.04.2012 15:35 2928471 views 0 comments
 WASHINGTON (Reuters) - The number of Americans lining up for new jobless benefits dropped to the lowest level in nearly four years last week, according to a government report that showed ongoing healing in the labor market. Initial claims for state unemployment benefits fell 6,000 to a seasonally adjusted 357,000, the lowest level since April 2008, the Labor Department said on Thursday. New claims have fallen sharply in recent months, boosting expectations the end of a long cycle of heavy layoffs will lead to more hiring. ...
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| How Bosnia's war divided a city and a family
05.04.2012 15:33 3342817 views 0 comments
SARAJEVO (Reuters) - I never believed war was possible in Sarajevo, until I watched it unfold from my window. For me, it began on Sunday, April 5, 1992, when I was woken by gunshots. Masked men were in my street ordering my neighbors back into their homes with raised weapons and firing randomly into the air. I was 28-years-old, a Bosnian of Muslim origin, and lived with my parents and brother in the hillside neighborhood of Grbavica, on Ljubljanska street that ran from the Miljacka River to the transit road circling the city. ... Read more »
| Analysis: Too slowly, euro zone laggards start to shape up
05.04.2012 15:32 3074629 views 0 comments
LONDON (Reuters) - It may be cold comfort for countries on the euro zone's southern periphery mired in recession, but they are making clear strides by some measures towards putting their economies on a sounder long-term footing. After years of excessive debt-fuelled consumption at home, Spain and Portugal are seeing a big increase in exports, while Italy's budget deficit is now comfortably below Europe's mandated ceiling of 3 percent of national output. ... Read more »
| Greece extends bond swap deadline again for holdouts
05.04.2012 15:26 3102553 views 0 comments
 ATHENS (Reuters) - Greece extended a deadline for a second time on Thursday for remaining bondholders to accept a debt swap, giving Athens a little more breathing space to formulate a response to investors who have refused to sign up for the landmark deal. Athens must in any case make a decision soon, in coordination with its EU and IMF backers, because a 450 million euro bond expires on May 15, finance ministry and banking officials said. ...
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