Wednesday, May 12, 2010
International Headlines
>TOP STORIES as of 0800 HKT -- 13 May, 2010
> CHILD IS LONE SURVIVOR IN LIBYA PLANE CRASH
An 8-year-old Dutch boy is the sole survivor of a deadly plane
crash in Libya that has killed more than 100 people, airline
officials have said.
> OBAMA, KARZAI DOWNPLAY TENSIONS
U.S. President Barack Obama will welcome Afghan President Hamid
Karzai to the White House Wednesday for a second day of
partnership talks.
> BP KNEW OF PROBLEMS
BP knew of problems with an offshore well hours before it
exploded last month, spilling oil into the Gulf of Mexico, a
House panel chairman said. CNNMoney.com reports.
> FIVE DEAD IN INDONESIAN TERROR RAIDS
Indonesian police killed five suspected terrorists and captured
a sixth in a pair of raids in Jakarta and a nearby town, a
police spokesman said Wednesday.
> UK PM CAMERON NAMES NEW MINISTERS
New British Prime Minister David Cameron and deputy PM Nick
Clegg arrive at Downing Street to finalize details of the UK's
first coalition government in 65 years.
> MEAT CLEAVER USED IN SCHOOL ATTACK
At least six children and a teacher were killed, and at least 20
people wounded, after an attack at a kindergarten in northwest
China, local media reports.
> PAKISTAN BOMB ATTACKS CLAIM FOUR
Bomb attacks in Pakistan killed four young people Wednesday,
police said.
> U.S. PROPOSES MEDAL FOR RESTRAINT
U.S. and NATO troops in Afghanistan could someday be awarded
medals for restraint that prevents civilian casualties in
combat.
BUSINESS
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> IMF HEAD CALLS FOR EUROZONE REFORM
Eurozone nations should take a big step towards integration with
a new system of cross-border budgetary co-ordination, according
to the head of the International Monetary Fund.
> GERMAN GROWTH LIFTS EUROZONE PROSPECTS
Germany's economy performed significantly better than expected
in the first quarter of this year, helping lift prospects for
the 16-country eurozone, despite the crisis over public
finances.
> GOLD HITS ALL-TIME HIGH
Gold prices hit an all-time high as demand surged to the highest
level since the collapse of Lehman Brothers in 2008 amid
volatile financial markets in Europe.
