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25 Jul 11
World stocks fall as US debt deadlock continues
World stock markets were lower Monday after U.S. political leaders failed to reach a deal to raise Washington's debt limit and avoid a default. Oil prices fell to near $99 a barrel in Asia amid investor concern the lack of a debt agreement might damage the world's biggest economy and reduce demand for crude.Turkey threatens diplomatic action pending Israel apology for Gaza flotilla raid
The Turkish government has formulated a back-up plan that it has threatened to execute should Israel continue to refuse to apologize for the commando raid that killed nine Turkish pro-Palestinian activists aboard the Gaza-bound ship Mavi Marmara in May 2010. This plan includes further downgrading relations with Israel which are already on shaky grounds, according to a report on Monday in the Turkish paper Hurriyet Daily News.Vatican recalls Irish papal envoy after Cloyne report
The Vatican has recalled its special envoy in Ireland after a damning report on the Catholic Church's handling of child abuse by priests. Vatican radio has reported that Papal Nuncio Giuseppe Leanza is being called back to Rome to discuss the impact of the recent Cloyne Report. It showed how allegations of sex abuse by priests in Cork had been covered up.'China, Iran discussing barter system to bypass sanctions'
Iran and China are discussing using a barter system to exchange Iranian oil for Chinese goods and services, as US sanctions have blocked China from paying at least $20 billion for oil, the Financial Times said. The paper, citing people familiar with the problem, said US financial sanctions against Iran, which make it hard to conduct dollar-denominated business, meant China might owe the oil-rich country as much as $30 billion.United Nations' End Run Around Constitution?
"What are you going to do with her once 'The Empire' bans your shotguns?" he asked. For a moment I was lost. "The Empire?" "Yeah," he said, "The U.N. -- the global imperial government in New York. 'The Empire' wants to control who can buy or keep a shotgun."Believers in Mysterious Planet Nibiru, Comet Elenin Await Earth's End
The waxing obsession with the planet Nibiru , which conspiracy theorists say is a planet swinging in from the outskirts of our solar system that is going to crash into Earth and wipe out humanity in 2012 — or, in some opinions, 2011 — shows that an astonishing number of people "are watching YouTube videos and visiting slick websites with nothing in their skeptical toolkit," in the words of David Morrison, a planetary astronomer at NASA Ames Research Center and senior scientist at the NASA Astrobiology Institute.Anti-Zionists Try to Blame Mossad for Norway Terror
It did not take long for anti-Zionists to try to pin the massacre in Norway on Israel. The theory began with a way-out blog but now has reached Al Jazeera.Jesus' baptismal site in Jordan Valley reopens to pilgrims
The Jordan Valley site where Christians believe Jesus was baptized was reopened to the public at large last week, in a ceremony hosted by Minister Silvan Shalom.Israel looking into revoking Oslo Accords in response to Palestinian UN bid
A team headed by National Security Adviser Ya'akov Amidror is looking into calling off the Oslo Accords in response to the Palestinian Authority's unilateral plan to gain United Nations recognition for an independent state.Gold hits new high as debt talks stall
Gold rose to fresh record high on Monday as talks over lifting the debt ceiling appeared to be stalling just days before the August 2 deadline, raising the prospect of a debt default.Return of Mass Layoffs a Grim Sign for U.S. Workers
Putting pressure on an already lousy job market, the mass layoff is making a comeback. In the past week, Cisco, Lockheed Martin and Borders announced a combined 23,000 in job cuts.150 human animal hybrids grown in UK labs: Embryos have been produced secretively for the past three years
The hybrids have been produced secretively over the past three years by researchers looking into possible cures for a wide range of diseases. The revelation comes just a day after a committee of scientists warned of a nightmare ‘Planet of the Apes’ scenario in which work on human-animal creations goes too far.Futures slump as debt talks result in no deal
U.S. stock index futures fell sharply on Sunday as failure so far by the government to strike a deal on the debt ceiling made the prospect of default -- once considered an impossible outcome -- more likely.
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