Saturday, June 26, 2010
International Headlines
>TOP STORIES as of 0800 HKT -- 27 June, 2010
> GHANA'S EXTRA-TIME WIN ENDS U.S. WORLD CUP DREAM
The United States crashed out of the World Cup on Saturday night
as Ghana became just the third African team to ever reach the
quarterfinals with a 2-1 extra-time victory.
> KARZAI BACKS NEW U.S. COMMANDER
The Afghan president backs the selection of Gen. Petraeus as
NATO commander there, saying he's an "expert commander" with
knowledge of his war-torn nation.
> U.N.: IRAQ MUST PASS TORTURE CONVENTION
The United Nations on Saturday urged Iraq to ratify the
organization's convention against torture "in the nearest
future."
> TROPICAL STORM ADDS TO OIL SLICK WOES
The disaster thousands of feet deep in the Gulf of Mexico may be
exacerbated by a different type of calamity in the coming week
-- a tropical storm -- that could push the oil farther along
Florida's pristine Panhandle beaches.
> REPORT: N. KOREA TO ELECT NEW LEADERS
North Korea's ruling party plans to hold a meeting with its
representatives in September, state media said Saturday.
> JACKSON'S DAD FILES WRONGFUL DEATH SUIT
Michael Jackson's father filed a wrongful death lawsuit in
federal court against Dr. Conrad Murray, the anniversary of the
pop star's death, Joe Jackson's lawyer said.
> 2010 CHINA FLOODS DEATH TOLL HITS 377
Workers were trying to shore up two dikes on an eastern China
river Friday as the area dealt with continued deadly flooding,
state-run media news media reported
> 23 KILLED AS BUS COLLIDES WITH TRUCK
At least 23 passengers were killed when a bus carrying them
slammed head-on into a truck in eastern India Saturday, officers
said.
BUSINESS
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> G-20 BATTLELINE: STIMULUS V. AUSTERITY
As world leaders prepare to meet in Toronto for the G-20 summit,
disagreements are brewing over how the global economy's fragile
recovery should best be steered.
> DEFENSE CONCLUDES FRENCH 'ROGUE TRADER' CASE
Defense lawyers wrapped up their case Friday for French trader
Jerome Kerviel, who is on trial for allegedly betting 50 billion
euros (US $61 billion) of a French bank's money without its
knowledge.
> US BANKS AND FUNDS TO FACE $19B LEVY
Banks will be forced to spin off their swaps desks, but US
lawmakers also made concessions to Wall Street as they finalized
sweeping financial reform in the early hours of Friday morning.
