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No sign of breakthrough in U.N. atom chief's Tehran talks

International Atomic Energy Agency (IAEA) Director General Yukiya Amano briefs the media before his trip to Tehran at the international airport in ViennaVIENNA/DUBAI (Reuters) - The U.N. nuclear watchdog chief held extensive and useful talks in Iran on Monday and expects them to have a positive impact on a six-power meeting with Tehran later this week, Iranian media said, but there was no sign of a breakthrough deal. International Atomic Energy Agency chief Yukiya Amano paid a rare visit to Tehran after voicing hope for Iranian agreement to cooperate with an IAEA investigation into suspected atomic bomb research - a possible gesture from Tehran to try to get international sanctions relaxed and deflect threats of war. ...


Yemen violence worsens as suicide bomber kills 90

A still image taken from video shows army personnel helping injured soldier at the scene of a suicide attack in SanaaSANAA (Reuters) - A suicide bomber with explosives strapped under his uniform killed more than 90 people at a military parade rehearsal in the Yemeni capital Sanaa on Monday, an attack which will alarm Washington as its involvement in the front-line state deepens. Yemeni President Abd-Rabbu Mansour Hadi, facing a growing campaign by an al Qaeda affiliate in the country, said security forces would become 'tougher and more determined in pursuing terrorist elements'. ...


Two dead in Beirut clashes after killing of anti-Assad cleric

Tyres set on fire by Lebanese Sunni Muslim residents are seen blocking a main highway leading to Beirut international airportALBIREH, Lebanon (Reuters) - Hundreds of Islamist gunmen fired in the air on Monday as they laid to rest a Sunni Muslim cleric whose killing ignited street battles that brought the bloodshed of Syria's uprising across the border into Lebanon. Sheikh Ahmed Abdul Wahid, an opponent of Syrian President Bashar al-Assad, was shot dead a day earlier at a Lebanese army checkpoint in a part of Lebanon where Sunni sympathy is with Syria's rebels. ...


Amid criticism, nuclear chief Jaczko resigns

NRC chairman Jaczko attends a news conference during the Ministerial Conference on Nuclear Safety in Vienna in ViennaWASHINGTON (Reuters) - Gregory Jaczko, chairman of the U.S. Nuclear Regulatory Commission, said on Monday he would resign, following a year of intense criticism over his abrasive management tactics. Jaczko, 41, was a polarizing figure who oversaw the nuclear safety agency as it crafted expensive new rules in the wake of the 2011 earthquake and tsunami that devastated Japan's Fukushima Daiichi nuclear complex. ...


Amid criticism, nuclear chief Jaczko resigns

NRC chairman Jaczko attends a news conference during the Ministerial Conference on Nuclear Safety in Vienna in ViennaWASHINGTON (Reuters) - Gregory Jaczko, chairman of the U.S. Nuclear Regulatory Commission, said on Monday he would resign, following a year of intense criticism over his abrasive management tactics. Jaczko, 41, was a polarizing figure who oversaw the nuclear safety agency as it crafted expensive new rules in the wake of the 2011 earthquake and tsunami that devastated Japan's Fukushima Daiichi nuclear complex. ...


Russia's Shuvalov survives despite whiff of scandal

MOSCOW (Reuters) - Igor Shuvalov's political acumen and knowledge of the Kremlin's Byzantine ways helped him cling to one of the most influential roles in Russia's government on Monday, despite questions over his family's financial dealings. Shuvalov, 45, kept his job as first deputy prime minister in the cabinet unveiled by President Vladimir Putin, with a broad economic remit ranging from privatization to trade talks. ...

Fed's Lockhart says circumstances not ripe for QE3

Dennis Lockhart, President, Federal Reserve Bank of Atlanta, takes part in a panel discussion titled (Reuters) - The U.S. economy needs "measured" efforts to bolster growth, but the central bank should focus on improving its communications because circumstances do not warrant further bond buying at this time, a top Federal Reserve official said on Monday. Atlanta Federal Reserve Bank President Dennis Lockhart said the central bank's policy panel should push forward with efforts to give the public and financial markets a better understanding of how it would react to incoming information on the economy. ...


Fed's Lockhart says circumstances not ripe for QE3

Dennis Lockhart, President, Federal Reserve Bank of Atlanta, takes part in a panel discussion titled (Reuters) - The U.S. economy needs "measured" efforts to bolster growth, but the central bank should focus on improving its communications because circumstances do not warrant further bond buying at this time, a top Federal Reserve official said on Monday. Atlanta Federal Reserve Bank President Dennis Lockhart said the central bank's policy panel should push forward with efforts to give the public and financial markets a better understanding of how it would react to incoming information on the economy. ...


Fed's Lockhart says circumstances not ripe for QE3

Dennis Lockhart, President, Federal Reserve Bank of Atlanta, takes part in a panel discussion titled (Reuters) - The U.S. economy needs "measured" efforts to bolster growth, but the central bank should focus on improving its communications because circumstances do not warrant further bond buying at this time, a top Federal Reserve official said on Monday. Atlanta Federal Reserve Bank President Dennis Lockhart said the central bank's policy panel should push forward with efforts to give the public and financial markets a better understanding of how it would react to incoming information on the economy. ...


Georgia, Azerbaijan restore full monastery access

Pilgrims to one of former Soviet Georgia's most renowned monasteries, part of which lies in Azerbaijan, are again able to visit the entire complex after an agreement between the countries' border police.

City of Manassas approves budget

The Manassas City Council formally adopted its fiscal 2013 spending plan last week, unanimously approving a $96.4 million general fund budget and a small tax increase for most city residents. City Council members Monday backed a $1.19 real estate tax rate, which, combined with the city’s levy for the fire and rescue department, would result in an average tax bill of $2,934, an increase of about ...

News Summary: Local currencies take root in Greece

SMALL MOVEMENT: A small but growing minority in about a dozen Greek towns are using an alternative exchange system to help them survive the country's economic crisis, which has put the question of Greece's participation in the euro currency union into question.

Obama: Confident Afghans can take security lead

President Barack Obama speaks during the meeting on Afghanistan during the NATO Summit, Monday, Monday, May 21, 2012, in, Chicago. (AP Photo/Carolyn Kaster)President Barack Obama and NATO leaders expressed confidence in Afghanistan's ability to take the lead for its own security next year, as nations with a stake in the deeply unpopular war huddled Monday for talks aimed at paving the way for its end.


Judge: No trial delay for ex-Penn State assistant coach

Jerry Sandusky, former Penn State football defensive coordinator, arrives for a hearing at the Centre County Courthouse in Bellefonte, Pennsylvania(Reuters) - A judge denied a motion on Monday to delay the start of the child sex-abuse trial of former Penn State University assistant football coach Jerry Sandusky, according to court papers. As a result of the ruling from Judge John Cleland, of the Court of Common Pleas for Centre County, Pennsylvania, Sandusky's trial will get underway on June 5. Cleland's decision was issued in a one-page ruling posted to the court's website Monday morning. Sandusky's lawyer had sought a delay to allow more time to review evidence in the case. ...


Oil up slightly on hope for better demand in China

Oil prices are climbing as the possibility that China may increase efforts to stimulate economic growth is tempering concerns about Greece's debt crisis.

Supreme court rules for government on immigrants' residence

WASHINGTON (Reuters) - The Supreme Court ruled on Monday that the length of lawful residence in the United States by immigrant parents cannot be considered by the federal government in deciding whether their children should be deported. The justices unanimously handed a victory to the Obama administration and overturned a ruling by a U.S. appeals court that immigrants who entered the United States as children may count their parents' years in this country to satisfy the residency requirements. ...

Supreme court rules for government on immigrants' residence

WASHINGTON (Reuters) - The Supreme Court ruled on Monday that the length of lawful residence in the United States by immigrant parents cannot be considered by the federal government in deciding whether their children should be deported. The justices unanimously handed a victory to the Obama administration and overturned a ruling by a U.S. appeals court that immigrants who entered the United States as children may count their parents' years in this country to satisfy the residency requirements. ...

City Room: Cornell's High-Tech Campus Will Have a Temporary Home at Google

Before Cornell builds its new applied sciences school on Roosevelt Island, its first classes will be held in Google's building in Chelsea.

3 dead, 2 missing after crowded weekend on Everest

FILE - In this Oct. 27, 2011 file photo, the last light of the day sets on Mount Everest as it rises behind Mount Nuptse as seen from Tengboche, in the Himalaya's Khumbu region, Nepal. Mountaineering Department official Gyanendra Shrestha said Monday, May 21, 2012, that a German, a Nepal-born Canadian and a Korean died Saturday while descending from the 8,850-meter (29,035-foot) summit. (AP Photo/Kevin Frayer, File)Three climbers died and two others were missing while descending from the summit of Mount Everest — a toll that raised concerns about overcrowding in the "death zone" at the top of the world's tallest peak.


City of fear at heart of Nigeria's Islamist uprising

Classrooms have been burnt, reduced to piles of broken glass and shards of cement, but children and teachers remain, squeezing into the part of the building still standing for lessons.

Economists more upbeat about job growth, housing

A new survey shows economists are growing slightly more optimistic about recovery in the job and housing markets but expect other pillars of the economy to remain weak.

U.S. top court decides in vitro fertilization benefits

WASHINGTON (Reuters) - The U.S. Supreme Court ruled on Monday that children conceived through in vitro fertilization after the death of a parent were not automatically entitled to survivor benefits under the Social Security law. The justices unanimously sided with the Obama administration and overturned a U.S. appeals court's ruling for a New Jersey woman who is seeking benefits for her twins conceived by artificial insemination after her husband's death. ...

U.S. top court decides in vitro fertilization benefits

WASHINGTON (Reuters) - The U.S. Supreme Court ruled on Monday that children conceived through in vitro fertilization after the death of a parent were not automatically entitled to survivor benefits under the Social Security law. The justices unanimously sided with the Obama administration and overturned a U.S. appeals court's ruling for a New Jersey woman who is seeking benefits for her twins conceived by artificial insemination after her husband's death. ...

Gaddafi ex-spy chief to face charges in Mauritania: source

NOUAKCHOTT (Reuters) - Muammar Gaddafi's former intelligence chief Abdullah al-Senussi, arrested in Mauritania in March and sought by Libya, France and the International Criminal Court (ICC), is to face local charges in Mauritania, a judicial source said on Monday. "Abdullah al-Senussi has been interviewed for the first time by the state prosecutor. He should face trial soon for illegal entry into Mauritanian territory," said the source, who requested anonymity. ...

Arab League to Iran: stop anti-Bahrain campaign

A pro-government protester holds up a placard as she shouts pro-government slogans in a rally to show support towards GCC Union, in al Fateh Grand Mosque in ManamaCAIRO (Reuters) - The Arab League called on Tehran on Monday to halt what it described as a media campaign against Bahrain over a proposal for political and military union between Gulf Arab states. Saudi Arabia has been pushing the idea of closer Gulf integration to contain Shi'ite Muslim unrest in Bahrain and counter the influence of regional Shi'ite power Iran. Riyadh's initial goal appears to be a merger with Bahrain, where majority Shi'ites have been staging pro-democracy demonstrations targeting the Sunni Muslim ruling family for over a year. ...


Suicide bombing kills nearly 100 soldiers in Yemen

A policeman collects evidence at the site of a suicide bomb attack at a parade square in Sanaa, Yemen, Monday, May 21, 2012. Officials say Monday's bombing near Sanaa's presidential palace is one of the deadliest attacks in the city in months. (AP Photo/Hani Mohammed)A suicide bomber blew himself up at a military parade rehearsal Monday in Yemen's capital, killing 96 soldiers in one of the deadliest attacks in the city in years, officials said.


Putin tightens grip with new government

Russian PM Medvedev chairs a meeting of the new cabinet in Moscow's White HouseMOSCOW (Reuters) - Russian President Vladimir Putin unveiled a government dominated by loyalists on Monday, tightening his grip on the economy and national security after protests, and limiting Prime Minister Dmitry Medvedev's ability to pursue market reforms. Putin, 59, opted for continuity by retaining his ally Igor Shuvalov as first deputy prime minister in charge of economic policy, while Igor Sechin will remain his energy chief in a role outside the government. ...


Putin tightens grip with new government

Russian PM Medvedev chairs a meeting of the new cabinet in Moscow's White HouseMOSCOW (Reuters) - Russian President Vladimir Putin unveiled a government dominated by loyalists on Monday, tightening his grip on the economy and national security after protests, and limiting Prime Minister Dmitry Medvedev's ability to pursue market reforms. Putin, 59, opted for continuity by retaining his ally Igor Shuvalov as first deputy prime minister in charge of economic policy, while Igor Sechin will remain his energy chief in a role outside the government. ...


Italy quake victims wake in cars, tents, schools

The crumbling wreck of the Rocca Estense in Finale Emilia, in northern Italy, Sunday, May 20, 2012. A magnitude-6.0 earthquake shook northern Italy early Sunday, killing at least three people and toppling some buildings, emergency services and news reports said. The quake struck at 4:04 a.m. Sunday between Modena and Mantova, about 35 kilometers (22 miles) north-northwest of Bologna at a relatively shallow depth of 10 kilometers (6 miles), the U.S. Geological Survey said. (AP Photo/Luca Bruno)Emergency crews inspected schools, churches and other buildings Monday for damage as aftershocks rattled northern Italy a day after a magnitude-6.0 earthquake killed seven people and toppled centuries-old buildings.


Supreme Court to hear government eavesdropping appeal

WASHINGTON (Reuters) - The Supreme Court agreed on Monday to hear an Obama administration appeal arguing that attorneys, journalists and human rights groups have no right to sue over a law making it easier for U.S. intelligence agencies to eavesdrop on foreign communications. The justices said they would review a ruling by a U.S. appeals court in New York that the plaintiffs have the legal right to proceed with their challenge to a 2008 amendment to the law, the Foreign Intelligence Surveillance Act. ...

Spain Minister: Bankia needs to bolster defenses

Bankia, the nationalized Spanish bank which had to reassure savers last week to fend off a reported run on its deposits, needs to strengthen its capital defenses by as much as €7.5 billion ($9.56 billion), the country's economy minister said Monday.

City of London IT - Issue of Equity

 HENDERSON GLOBAL INVESTORS THE CITY OF LONDON INVESTMENT TRUST PLC 21 May 2012 THE CITY OF LONDON INVESTMENT TRUST PLC ALLOTMENT OF SHARES The Company announces the allotment of 325,000 ordinary shares ...

City Room: Reforming Stop-and-Frisk by Adding More Stops

The Day: How to reform the police's stop-and-frisk tactic? It's quite simple: greatly increase the number of New Yorkers who are stopped, gum chewers and bicyclists included.

Former Sri Lanka army chief freed from prison

Sri Lanka's former army chief Sarath Fonseka waves to his supporters as he walks out of a jail in Colombo, Sri Lanka, Monday, May 21, 2012. Fonseka's release came after Foreign Minister G.L. Peiris met with U.S. Secretary of State Hillary Rodham Clinton on Friday in Washington, with the protection of human rights highlighted in their meeting. The U.S. has called Fonseka a political prisoner. Fonseka had been credited with leading Sri Lanka's army to victory in the country's long and bloody civil war against ethnic Tamil rebels. But he was jailed after challenging President Mahinda Rajapaksa in 2010 elections. (AP Photo/Gemunu Amarasinghe)Sri Lanka's former army chief, who was imprisoned after losing an election to President Mahinda Rajapaksa, was released from prison Monday to thousands of cheering supporters.


European stocks rebound on G8 support for Greece

Frankfurt's DAX 30 climbed 1.0 percent to 6,340.11 pointsEuropean stock markets mostly rebounded on Monday as G8 support for Greece to remain p art of the eurozone boosted sentiment after last week's sharp sell-off, traders said.


Russian leader Putin names new Cabinet

Russian President Vladimir Putin named a new Cabinet Monday, warning its members that they will have to fulfill their duties in a difficult global economic climate.

Hollande faces first French banking test

French President Francois Hollande speaks during a news conference at the NATO Summit in ChicagoPARIS (Reuters) - The fate of a struggling small French mortgage lender will be the first banking test for President Francois Hollande, as he attempts to deliver on campaign promises of economic growth and tougher financial regulation. Policymakers and bankers are scrambling to avert an outright collapse of Credit Immobilier de France, whose future was thrown into doubt after Moody's cut its standalone bank financial strength rating and said it was no longer viable without support. ...


U.N. nuclear chief holds talks in Tehran, hopes for deal

International Atomic Energy Agency (IAEA) Director General Yukiya Amano briefs the media before his trip to Tehran at the international airport in ViennaVIENNA/DUBAI (Reuters) - The U.N. nuclear watchdog chief held rare talks in Tehran on Monday after voicing hope for a deal to investigate suspected atomic bomb research - a gesture Iran might make to try to get international sanctions relaxed and deflect threats of war. International Atomic Energy Agency Director-General Yukiya Amano began discussions with the head of Iran's nuclear energy organization, Fereydoun Abbasi-Davani, a few hours after his pre-dawn arrival, according to ISNA news agency. ...


Spain: no need for European funds to help banks

Bankia, the nationalized Spanish bank which had to reassure savers last week to fend off a reported run on its deposits, needs to strengthen its capital defenses by as much as €7.5 billion ($9.56 billion), the economy minister said Monday.

Survivor: Honduran police fired on passenger boat

Lucio Adan Nelson Quin, 22, rests while recovering in a public hospital from the wounds caused during an attack involving U.S. helicopters in a DEA-supported anti-drug crackdown by Honduras police in Las Mosquitia region, in La Ceiba, Honduras, Sunday, May 20, 2012. On Friday May 11, Lucio and more than a dozen others dove from a riverboat into the water for cover from Honduran police, who with DEA agents aboard, say they were hitting drug traffickers who fired first. Four died.(AP Photo/Rodrigo Abd)Lucio Adan Nelson dozed on a riverboat ferrying him home from a visit with his mother when helicopters appeared overhead and started shooting. He and about a dozen other passengers traveling in the middle of the night jumped into the water for cover.


Key witness in Clemens trial to take stand again

Brian McNamee, former trainer of Major League Baseball pitcher Roger Clemens, leaves the federal courthouse in WashingtonWASHINGTON (Reuters) - Government prosecutors on Monday will try to salvage the credibility of their key witness in the perjury trial of former Major League Baseball star Roger Clemens when his ex-trainer who said he supplied the pitching ace with drugs takes the stand. Brian McNamee, the most important witness for federal prosecutors who have charged Clemens with lying to the U.S. Congress about using the performance-enhancing drugs, will be wrapping up more than 20 hours of testimony in U.S. District Court. ...


Key witness in Clemens trial to take stand again

Brian McNamee, former trainer of Major League Baseball pitcher Roger Clemens, leaves the federal courthouse in WashingtonWASHINGTON (Reuters) - Government prosecutors on Monday will try to salvage the credibility of their key witness in the perjury trial of former Major League Baseball star Roger Clemens when his ex-trainer who said he supplied the pitching ace with drugs takes the stand. Brian McNamee, the most important witness for federal prosecutors who have charged Clemens with lying to the U.S. Congress about using the performance-enhancing drugs, will be wrapping up more than 20 hours of testimony in U.S. District Court. ...


Greece's new prime minister meets party leaders

Leader of Conservatives New Democracy party Antonis Samaras makes statements after his meeting with Greece's newly installed caretaker prime minister Panagiotis Pikramenos at the Greek Parliament in Athens, Monday, May 21, 2012. Greece is set to hold elections on June 17 to end a political deadlock after a previous vote on May 6 produced a hung Parliament, with the country's future in the 17-nation eurozone potentially at stake. (AP Photo/Thanassis Stavrakis)Greece's newly installed caretaker prime minister began talks with party leaders Monday ahead of this week's European Union summit that's expected to focus on ways of kick starting economic growth across the continent.


Convicted Lockerbie bomber buried in Libya

FILE - In this Aug. 20, 2009 file photo, Libyan Abdel Baset al-Megrahi, who was found guilty of the 1988 Lockerbie bombing, gestures on his arrival at an airport in Tripoli, Libya. Abdel Baset al-Megrahi, a Libyan intelligence officer who was the only person ever convicted in the 1988 Lockerbie bombing, died Sunday May 20, 2012 nearly three years after he was released from a Scottish prison to the outrage of the relatives of the attack's 270 victims. He was 60.(AP Photo/File)The only man convicted in the 1988 Lockerbie bombing has been buried with little fanfare near the Libyan capital with just under 100 family members and passers-by in attendance.


City Council To Vote On Villaraigosa’s $7.2B Budget

The Los Angeles City Council is scheduled to vote Monday on a $7.2 billion budget proposal that delays layoffs but makes close to $70 million in cuts to city services and shrinks the city's workforce by more than 400 positions.

Greek euro zone exit unlikely, say money market traders

BANGALORE (Reuters) - A slim majority of euro zone money market traders surveyed regularly by Reuters reckon Greece will still be in the euro zone at the end of 2013, a poll showed on Monday. Fourteen of 22 euro money market traders said Greece would not abandon the euro either this year or next - an event once seen as unthinkable but is now being openly discussed as the country battles political and economic upheaval. A summit of the G8 leading industrialized nations came down solidly in favor of a push to balance European austerity with a new dose of U.S. ...

Thousands gather for Lebanese Sunni cleric funeral

A Lebanese man steps out from a destroyed building that was damaged during clashes erupted between pro- and anti-Syrian Sunni groups, in Beirut, Lebanon, Monday May 21, 2012. Gunmen fired rocket-propelled grenades and machine guns early Monday in intense street battles in the Lebanese capital, wounding and killed several people as fears mounted that the conflict in neighboring Syria was bleeding across the border. The clashes erupted hours after an anti-Syrian cleric and his bodyguard were shot dead in northern Lebanon.(AP Photo/Hussein Malla)Mourners fired guns in the air as thousands poured into the streets Monday in northern Lebanon for the funeral of a Sunni Muslim cleric, whose killing sparked intense clashes in Beirut and raised fears the crisis in Syria was spilling across the border.


New wine glasses aim to balance "water and fire"

HONG KONG (Reuters) - Could a wine glass shaped roughly like a closed tulip blossom revolutionize the savoring of fine vintages by taming the alcohol in the wine? That's the hope of French luxury crystal glassmaker Baccarat, which recently began sales of its new line of glasses in Hong Kong, where wine imports have remained strong on the back of strong demand from mainland Chinese buyers even amid global economic uncertainty. ...

Lowe's 1Q profit up, but cuts 2012 profit outlook

FILE -- In a Nov. 14, 2011 file photo, customers walk toward the Lowe's store in Saugus, Mass. Lowe's Cos.'reported Monday May 21, 2012, first-quarter profit climbed 14 percent, as warmer weather helped boost sales. (AP Photo/Michael Dwyer/file)Lowe's Cos.' first-quarter profit climbed 14 percent, as warmer weather helped boost sales. But the world's second-biggest home improvement company lowered its full-year earnings forecast on Monday, saying it is still cautious on the housing market and economic conditions.


Jury to reconvene in ex-Senator Edwards' federal trial

John Edwards arrives for the second day of jury deliberations at the federal courthouse in GreensboroGREENSBORO, North Carolina (Reuters) - Jurors were set to resume deliberations on Monday in the federal campaign finance case against former U.S. Senator John Edwards, who is accused of using campaign funds to hide his pregnant mistress as he sought the presidency. A jury of eight men and four women in Greensboro, North Carolina, considered the case for about 5 1/2 hours on Friday before breaking for the weekend. They must reach a unanimous verdict to convict Edwards, a two-time presidential candidate and the Democrats' 2004 vice presidential nominee, on any of the six felony counts he faces. ...


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