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Jun 28 2011

The Abbreviated Evening Edition

Due to playing in the mud (don’t ask, trust me it’s messy), the Evening Edition will brought to you by c’est moi.

French banks agree to Greek debt rollover

ATHENS/PARIS (Reuters) – France offered a radical solution Monday for banks to roll over some Greek debt for 30 years as the Greek government fought for political support of its five-year austerity plan to avert bankruptcy.

With depositors fleeing Greek banks in growing numbers and financial markets watching anxiously, President Nicolas Sarkozy told a news conference in Paris that French banks had reached a draft agreement with the authorities on a voluntary rollover of maturing bonds.

Consumer spending breaks 10-month rising streak

WASHINGTON (Reuters) – U.S. consumer spending failed to rise in May, breaking 10 straight months of gains, as households struggled with rising prices and automakers could not deliver some popular models due to fallout from Japan’s earthquake.

When adjusted for inflation, spending slipped 0.1 percent, the Commerce Department said on Monday. It was the second consecutive monthly drop on that basis.

White House: ‘Significant’ deal on debt possible

WASHINGTON – President Barack Obama plunged into deadlocked negotiations to cut government deficits and raise the nation’s debt limit Monday, and the White House expressed confidence a “significant” deal with Republicans could be reached. But both sides only seemed to harden their positions as the day wore on, the administration insisting on higher taxes as part of the package but Republican leaders flatly rejecting the idea.

Los Alamos evacuation ordered because of wildfire

LOS ALAMOS, N.M. – Authorities ordered Los Alamos evacuated Monday as a fast-growing and unpredictable wildfire bore down on the northern New Mexico town and its sprawling nuclear laboratory.

Court orders arrest of Gadhafi, son, key aide

TRIPOLI, Libya – Thousands of jubilant Libyans danced and cheered in the streets of the rebel stronghold of Benghazi after the International Criminal Court issued an arrest warrant Monday for Moammar Gadhafi, accusing him of crimes against humanity for killing civilians who rose up against his rule.

Los Angeles Dodgers file for bankruptcy protection

LOS ANGELES – Facing the painful prospect of stiffing players and employees, the Los Angeles Dodgers filed for bankruptcy protection in a Delaware court Monday, adding to off-the-field troubles that have hobbled one of baseball’s most storied franchises and setting up another showdown with Major League Baseball.

Jury convicts ex-Ill. Gov. Blagojevich at retrial

CHICAGO – Rod Blagojevich, who rode his talkative everyman image to two terms as Illinois governor before scandal made him a national punch line, was convicted Monday of a wide range of corruption charges, including the incendiary allegation that he tried to sell or trade President Barack Obama’s Senate seat.

Syria activists meet, call for change to avert crisis

BEIRUT (Reuters) – Some of Syria’s leading intellectuals called on Monday for sweeping political change that could end 41 years of Assad family rule, at a rare conference allowed by the authorities under pressure from a three-month uprising.

Yemen says it foils planned Qaeda attack in Aden

ADEN, Yemen (Reuters) – Yemen said on Monday its security forces had foiled a planned al Qaeda attack in the southern province of Aden.

The announcement came three days after a suicide bomber killed four soldiers and a civilian and wounded 16 people in Aden. A local newspaper said on Monday that investigators had identified the suicide bomber as a Saudi national.

Border shelling overshadows U.S.-Pakistan-Afghan talks

KABUL/ISLAMABAD (Reuters) – Fighting across the Pakistan-Afghanistan border will overshadow talks when the two countries meet along with the United States on Tuesday to map out plans for reconciliation with the Taliban.

Canadian foreign minister visits Libya rebels

VANCOUVER (Reuters) – There will be bumps on Libya’s road to democracy even after current leader Muammar Gaddafi is overthrown, Canada’s foreign minister said on Monday after meeting with Libyan rebel leaders in Benghazi.

John Baird, who made a secretive half-day visit to the rebel-held city of Benghazi, said he came away impressed with the rebels’ commitment to pursuing democratic ideals, but recognized change will not come quickly.

Sudan leader Omar al-Bashir arrives in Beijing

BEIJING (AFP) – Omar al-Bashir, wanted for war crimes, arrived in Beijing early Tuesday, according to an AFP photographer, a day after the Sudanese leader was originally due in China to meet President Hu Jintao.

Bashir’s visit has outraged rights groups who criticise Beijing for hosting a man wanted by the International Criminal Court (ICC) for atrocities committed during Sudan’s civil war.

Afghan official: Country’s top banker flees nation

KABUL, Afghanistan – Afghanistan’s top banker, who is alleged to have played a role in the failure of the nation’s largest private lender, has fled the country, a spokesman for President Hamid Karzai said Monday.

Jacobson wins Travelers for first PGA Tour title

CROMWELL, Conn. – Fredrik Jacobson accomplished a lot of firsts Sunday.

The Swede played in his first final group on the PGA Tour, won his first title on the tour, and gave his 5-year-old daughter her first trophy.

Hamilton pulls U-turn, says F1 chances alive

VALENCIA, Spain – Lewis Hamilton performed a quick U-turn on his Formula One championship hopes a day after just about ruling them out.

The McLaren driver said “it’s finished really, in the sense of the championship, it’s almost over already” after finishing fourth in the European Grand Prix on Sunday.

Katusha name first-ever all Russian team for Tour

PARIS (AFP) – The Katusha team will make history at this year’s Tour de France after announcing on Monday that they would be tackling the race with the first ever all-Russian team in the event’s 108-year history.

Women’s World Cup: Japan wins, Mexico-England draw

FRANKFURT, Germany – On a day of wonderful goals and woeful goalkeeping, Mexico had reason to celebrate at the Women’s World Cup.

A 30-yard blast from Monica Ocampo gave Mexico a 1-1 draw against England on Monday in Wolfsburg, the biggest surprise so far after two days of the three-week tournament. A superb curling free kick from star player Aya Miyama earlier sent Japan past New Zealand 2-1 in Bochum.

Williams sisters, Wozniacki all lose at Wimbledon

WIMBLEDON, England – Walking away from Centre Court, Oracene Price – mother and sometimes-coach to Serena and Venus Williams – shook her head after watching one daughter lose at Wimbledon, then the other.

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