Tuesday, February 21, 2012

World News Briefs -- February 21, 2012



Greece Wins Second Bailout as Europe Picks Aid Over Default -- Bloomberg

Debt-stricken Greece won a second bailout after European governments wrung concessions from private investors and tapped into European Central Bank profits to shield the euro area from a precedent-setting default.

Finance ministers awarded 130 billion euros ($173 billion) in aid, engineered a central-bank profits transfer and coaxed investors into providing more debt relief in an exchange meant to tide Greece past a March bond repayment. Stocks fell and the euro fluctuated as investors speculated the deal won’t fix Greece’s long-term challenges.

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MIDDLE EAST

Red Cross negotiating pause to fighting in Syria.

Iran warns U.S. as Syria intensifies crackdown. Conflicting reports on the mission of Iranian warships in Syria.

Iran says would act against enemies if endangered.

Yemen voters elect new leader to end Saleh rule.

A hunger striker at death’s door turns up the heat on Israel – and on the Palestinian leadership.

Israeli army defuses explosive device on border with Egypt; police on high alert at Aqsa compound.

Israelis fear homefront vulnerable to Iran attacks.

ASIA

North Korea warns of 'total war' over South's military drills.

Japan says no decision yet on Iran oil import cuts.

Thai, Malaysian leaders hold talks on border unrest.

China has high praise for VP's trip to US.

Foreign correspondents' club in China warns reporters.

AFRICA

Siege city Misrata in first Libya poll in 40 years.

Libya army to intervene in southeast clashes.

Nigeria forces 'kill Islamist Boko Haram militants'. Nigerian majority doesn't back Boko Haram views, poll finds.

Kenya's military presses advances against Al-Shabab. No hurry to crush Al Shabaab on Kenya's frontline.

Thousands of refugees flee Mali fighting.

Zimbabwe's Mugabe turns 88, vowing to cling to power.

EUROPE

Eurozone seals second Greek bailout.

12 EU leaders call for open markets to fuel growth.

Putin, before poll, says Russia needs stronger army.

Spain to send military planes to Florida to collect a half of a billion dollars worth of treasure.

Strauss-Kahn arrested by French police for ‘complicity in pimping’ after he admits attending sex parties all over the world.

AMERICAS

Honduras prison fire relatives storm morgue for bodies.

Zetas plotted with Mexican prison guards in escape. Inmate massacre highlights Mexico jail corruption.

Chile-Peru border closed over landmine hazard.

Clinton signs accord in Mexico for oil exploration with state-owned Pemex.

Two years after the earthquake, Haiti is trying to clear tent cities.

TERRORISM/THE LONG WAR

Afghans rescue 41 child suicide bombers.

Al-Qaeda in Yemen confirms senior leader's death.

Iraq violence down as al-Qaeda leave.

Thailand names sixth Bangkok bomb suspect.

Bagram prisoner's bid for freedom rebuffed in UK.

ECONOMY/FINANCE/BUSINESS

Canada threatens trade war with EU over oil sands.

U.S. oil gusher blows out projections.

Iran said to offer India additional crude oil shipments on revised terms.

Brain study finds what eases pain of financial loss.

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