Friday, June 1, 2012

World News Briefs -- June 1, 2012

A TV camera in Madrid's stock market pointing at risk premiums on sovereign bonds in Spain and elsewhere. REUTERS

World Bank Blasts Europe's Euro-Crisis Management -- Spiegel Online

Is the euro entering the end game? With Spanish banks on the brink and the Greek political situation uncertain, many senior economic leaders say that the time for drastic action is swiftly approaching. On Friday, World Bank head Robert Zoellick argued that it is almost time to "break the glass" on the emergency alarm.

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MIDDLE EAST

Syria on brink of sectarian civil war, West says.

As violence rises, U.S. and allies pulled into Yemen. Yemeni militants say they release 27 soldiers.

Analysis: Iran commander's trip to disputed islands frays UAE nerves.

Palestinian militant sneaks into Israel, kills one soldier. Israeli soldier, Gaza gunman killed in border clash.

The Arab Spring was no prelude to democracy. Report: Arab Spring increases migration to EU.

ASIA

Filipino extremists stage more attacks.

Emir tells of Taliban's rise to power in remote Pakistani tribal agency.

Malaysia PM's popularity slips ahead of election: poll.

Suu Kyi warns against 'reckless optimism' on Burma reforms.

Indian government savaged over shock GDP figures.

AFRICA

Egypt braced for verdict of Hosni Mubarak.

Mali Tuareg leaders call off Islamist pact.

Istanbul conference on Somalia opens.

Students in Nigeria clash with police.

German hostage killed during Nigeria military raid.

EU strengthens sanctions against military junta in Guinea-Bissau.

EUROPE

Irish voters approve EU deficit-fighting treaty. Ireland heading towards Yes vote in fiscal pact referendum.

ECB chief calls euro zone ‘unsustainable,’ criticizes Spanish bank response.

Eurozone unemployment rate sticks at 11%.

Kosovo Serbs and NATO troops clash in tense north.

Poland welcomes Obama letter on "death camp" error.

AMERICAS

The 'Mexican spring:' A new student movement stirs in Mexico.

Venezuela’s military bombs clandestine airstrips as part of government anti-drug effort.

Venezuela bans private gun ownership.

Mexico was left in the dark on Fast and Furious operation, ambassador says.

Brazil's ex-President Lula says he may run again.

U.S. economy adds a disappointing 69,000 jobs in May.

America lost 129,000 millionaires in 2011.

TERRORISM/THE LONG WAR

The next big thing in terrorism has the Pentagon so worried it's already monitoring scientists.

Pakistani Taliban vows to kill bin Laden doctor.

Is Boko Haram a 'foreign terrorist organization'?

ECONOMY/FINANCE/BUSINESS

China and Japan to begin direct currency trading.

Weak US jobs figures for May hit markets.

Facebook users suffer service disruptions.

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