This Website Maybe For Sale – Click Here -

PLACES Resource Center

Source Match Travel Destination News

Pakistan blocks Twitter over contentious tweets

Pakistan blocked the social networking website Twitter for much of Sunday because it refused to remove tweets considered offensive to Islam, said one of the country's top telecommunications officials.

Zuckerberg's post-IPO wedding is smart legal move

Facebook co-founder and CEO Zuckerberg and Priscilla Chan are seen in this screengrab of a wedding photo posted on Zuckerberg's Facebook pageSAN FRANCISCO (Reuters) - Getting married was a smart business move as well as a personal milestone for Facebook chief Mark Zuckerberg, with the timing of the wedding, the day after the company's initial public offering, potentially proving particularly advantageous, California divorce lawyers said on Sunday. Assuming the couple signed a prenuptial agreement, as most wealthy Californians do, Zuckerberg and Chan would have agreed exactly how to split assets, including his Facebook stock, if their marriage dissolved in future. ...


Zuckerberg's post-IPO wedding is smart legal move

Facebook co-founder and CEO Zuckerberg and Priscilla Chan are seen in this screengrab of a wedding photo posted on Zuckerberg's Facebook pageSAN FRANCISCO (Reuters) - Getting married was a smart business move as well as a personal milestone for Facebook chief Mark Zuckerberg, with the timing of the wedding, the day after the company's initial public offering, potentially proving particularly advantageous, California divorce lawyers said on Sunday. Assuming the couple signed a prenuptial agreement, as most wealthy Californians do, Zuckerberg and Chan would have agreed exactly how to split assets, including his Facebook stock, if their marriage dissolved in future. ...


City recoups money in building sale

The city of Pekin has sold the old Landmark Automotive Store building, recouping the money it paid for it two years ago. The city bought the building at 830 Brenkman Drive for $400,000 from KEJM Properties LLC of Iowa on June 30, 2010, with the intention to use it as a satellite station for the street and bus department. Pekin City Manager Joe Wuellner said the property has been vacant ever since.

Mom with flesh-eating disease had seven operations: brother

CHARLESTON, South Carolina (Reuters) - A 36-year-old new mother of twins who is suffering from a "flesh-eating" bacterial infection has undergone a series of operations to remove dead or damaged tissue in a South Carolina hospital, her brother said on Sunday. Lana Kuykendall was admitted to Greenville Memorial Hospital on May 11, days after giving birth, with a painful spot on her leg that was ultimately diagnosed as necrotizing fasciitis, a serious infection of the skin and soft tissues. ...

Mom with flesh-eating disease had seven operations: brother

CHARLESTON, South Carolina (Reuters) - A 36-year-old new mother of twins who is suffering from a "flesh-eating" bacterial infection has undergone a series of operations to remove dead or damaged tissue in a South Carolina hospital, her brother said on Sunday. Lana Kuykendall was admitted to Greenville Memorial Hospital on May 11, days after giving birth, with a painful spot on her leg that was ultimately diagnosed as necrotizing fasciitis, a serious infection of the skin and soft tissues. ...

Michelle Obama shows South Side of Chicago to first ladies

U.S. First Lady Michelle Obama greets Valerie Trierweiler, companion of France's President Francois Hollande, before a tour of the Gary Comer Youth Center in ChicagoCHICAGO (Reuters) - Michelle Obama showed off her neighborhood on the South Side of Chicago to some NATO visitors on Sunday, taking five other first ladies to a youth center for lunch and for a musical performance by the children. The women toured the Gary Komer Youth Center, which features a gymnasium, dance studio and a theater. The center provides tutoring, college preparation, training in culinary arts and horticulture for young people in the community, 90 percent of whom come from low-income households. ...


Michelle Obama shows South Side of Chicago to first ladies

U.S. First Lady Michelle Obama greets Valerie Trierweiler, companion of France's President Francois Hollande, before a tour of the Gary Comer Youth Center in ChicagoCHICAGO (Reuters) - Michelle Obama showed off her neighborhood on the South Side of Chicago to some NATO visitors on Sunday, taking five other first ladies to a youth center for lunch and for a musical performance by the children. The women toured the Gary Komer Youth Center, which features a gymnasium, dance studio and a theater. The center provides tutoring, college preparation, training in culinary arts and horticulture for young people in the community, 90 percent of whom come from low-income households. ...


Singer Robin Gibb, Bee Gees co-founder, dies at 62

File photo of former Bee Gees singer Robin Gibb speaking during a news conference in MoscowLONDON (Reuters) - Bee Gees singer Robin Gibb, who with brothers Barry and Maurice helped define the disco era with their falsetto harmonies and funky beats on smash hits such as "Stayin' Alive" and "Jive Talkin'," has died after a long fight with cancer. He was 62. The singer had colon and liver cancer and, despite brief improvements in his health in recent months, passed away on Sunday evening. "The family of Robin Gibb ... announce with great sadness that Robin passed away today following his long battle with cancer and intestinal surgery," a statement posted on his official website said. ...


Factbox: Bee Gees founder Robin Gibb dies

(Reuters) - Bee Gees singer Robin Gibb, who with brothers Barry and Maurice helped define the disco era with their falsetto harmonies and funky beats, died late on Sunday. He was 62. The three brothers, better known as the Bee Gees, were among the most successful vocal groups in rock and roll history, having sold more than 200 million albums. In 1977, they became the first and only songwriters to place five songs in the Top Ten at the same time. ...

Blind Chinese activist Chen rests in NYC

U.S. Rep. Chris Smith meets with Chen Guangcheng after arriving in New YorkNEW YORK (Reuters) - Blind Chinese activist Chen Guangcheng soaked up the sun in New York City on Sunday as his children played in a garden, a break in a day of meetings to arrange his studies at New York University. "(Chen) said he hadn't sat in the sun for many, many years," said Jerome Cohen, a China law expert and professor at New York University's law school, where Chen will study. "He wanted to go out in the garden... his kids went out first and then he went out," Cohen, who has become a confidante of Chen's, told Reuters. ...


Bee Gees' Robin Gibb dies after long cancer battle

In this Nov, 6, 1979, file photo, the Bee Gees from left, Maurice, Robin and Barry Gibb sing close into the microphone at a Miami Beach concert in Miami. November 6, 1979. A representative said on Sunday, May 20, 2012, that Robin Gibb has died. He was 62. (AP Photo/Phil Sandlin, File)With his carefully tended hair, tight trousers and perfect harmonies, Robin Gibb, along with his brothers Maurice and Barry, defined the disco era. As part of the Bee Gees — short for the Brothers Gibb — they created dance floor classics like "Stayin Alive," ''Jive Talkin'," and "Night Fever" that can still get crowds onto a dance floor.


AP Photos: Millions view 'ring of fire' eclipse

An annular solar eclipse appears during a break in clouds over Taipei, Taiwan, Monday, May 21, 2012. The annular eclipse, in which the moon passes in front of the sun leaving only a golden ring around its edges, was visible to wide areas across China, Japan and elsewhere in the region before moving across the Pacific to be seen in parts of the western United States. (AP Photo/Wally Santana)Millions of early risers in Asia turned their attention skyward to view a rare "ring of fire" eclipse as it crossed their skies Monday morning.


City: De-watering lagoon a concern

The city writes letters to Coastal Commission and state officials about concerns over the lagoon ahead of a June 1 restoration project.

Group says 60 arrested, some hurt in Chicago anti-NATO clashes

Protesters holding an American flag march over a bridge during an anti-NATO protest march in ChicagoCHICAGO (Reuters) - Baton-swinging police clashed with anti-war protesters marching on the NATO summit in Chicago on Sunday and a lawyers' group representing the demonstrators said at least 12 people were injured, some with head wounds from police batons. More than 60 people were arrested in a melee at the end of a march attended by at least 3,000 people, according to Sarah Gelsomino of the National Lawyers Guild, which represented protesters and attended demonstrations. Chicago police did not immediately provide figures on the number of arrests or injures. By dusk the streets had calmed down. ...


Group says 60 arrested, some hurt in Chicago anti-NATO clashes

Protesters holding an American flag march over a bridge during an anti-NATO protest march in ChicagoCHICAGO (Reuters) - Baton-swinging police clashed with anti-war protesters marching on the NATO summit in Chicago on Sunday and a lawyers' group representing the demonstrators said at least 12 people were injured, some with head wounds from police batons. More than 60 people were arrested in a melee at the end of a march attended by at least 3,000 people, according to Sarah Gelsomino of the National Lawyers Guild, which represented protesters and attended demonstrations. Chicago police did not immediately provide figures on the number of arrests or injures. By dusk the streets had calmed down. ...


Global markets regain ground but still edgy over Greece

Traders work at their desks in front of the DAX board at the Frankfurt stock exchangeTOKYO (Reuters) - Markets recovered some ground on Monday after heavy losses last week, but investors remained wary about the euro zone despite world leaders calling for Greece to stay in the monetary union and for Europe to balance austerity with growth. G8 leaders meeting at the weekend vowed to take all necessary steps to combat financial turmoil and revitalize a global economy increasingly threatened by Europe's debt crisis, but they offered no specific prescription for debt-crippled Greece which holds fresh elections next month. ...


Millions look skyward as rare eclipse crosses Asia

An annular solar eclipse is seen in the sky over Yokohama near Tokyo Monday, May 21, 2012. The annular solar eclipse, in which the moon passes in front of the sun leaving only a golden ring around its edges, was visible to wide areas across the continent Monday morning. (AP Photo/Koji Sasahara)Millions of Asians watched as a rare "ring of fire" eclipse crossed their skies early Monday.


Strong quake kills 4 in Italy cheese region

Debris of collapsed buildings block a road in Finale Emilia northern Italy, Sunday, May 20. 2012. A magnitude 6 earthquake shook northern Italy early Sunday at 4:04 a.m. Sunday between Modena and Mantova, about 35 kilometers (22 miles) north of Bologna at a relatively shallow depth of 10 kilometers (6 miles). (AP Photo/Marco Vasini)A magnitude-6.0 earthquake shook several small towns in northeast Italy, killing four people, knocking down a clock tower and other centuries-old buildings and causing millions in losses to the region known for making Parmesan cheese.


Russia says West still considering military action on Iran

Russia's Deputy Foreign Minister Sergei Ryabkov speaks during a news briefing in the main building of Foreign Ministry in MoscowMOSCOW (Reuters) - Russia's deputy foreign minister said on Sunday that military action against Iran over its nuclear program was being considered in some Western countries. Deputy Foreign Minister Sergei Ryabkov was speaking to reporters on a plane on his way back from the G8 summit in Camp David, where the G8 leaders signaled their readiness to tap into emergency oil stockpiles quickly this summer if tougher new sanctions on Iran threatened to strain supplies. ...


Veterans symbolically discard service medals at anti-NATO rally

CHICAGO (Reuters) - Nearly 50 U.S. military veterans at an anti-NATO rally in Chicago threw their service medals into the street on Sunday, an action they said symbolized their rejection of the U.S.-led wars in Iraq and Afghanistan. Some of the veterans, many wearing military uniform shirts over black anti-war t-shirts, choked back tears as they explained their actions. Others folded an American flag while a bugle played "Taps," which is typically performed at U.S. military funerals. "The medals are supposed to be for acts of heroism. I don't feel like a hero. ...

G8 growth talk leaves wary markets awaiting action

U.S. President Obama hosts an expanded G8 meeting with African and other leaders during G8 Summit working lunch at Camp David(Reuters) - A pledge by leaders of industrialized nations to help the troubled world economy is unlikely to herald quick new action by Europe on its debt crisis, meaning more uncertainty for nervous financial markets. The Group of Eight economies stressed on Saturday that their "imperative is to promote growth and jobs", as they also recognized problems among European banks and gave verbal backing for Greece to stay in the euro. Still, despite U.S. calls for immediate moves to boost growth, no sign emerged that Germany would soften its stance on austerity as the cure for Europe's debt ...


Gunbattle in Beirut amid fears of Syria spillover

In this citizen journalism image provided by Sham News Network SNN, an anti-Syrian regime protester, holds up a Cross and Crescent painted with colors of the Syrian revolution flag during a demonstration against Syrian President Bashar Assad, at the Damascus suburb of Yabroud, Syria, Friday, May 18, 2012. Syrian security forces fired tear gas and live ammunition to disperse thousands rallying Friday in Aleppo in what activists said was the largest protest yet in a city that has largely remained loyal to President Bashar Assad during the country's 15-month uprising. (AP Photo/Sham News Network, SNN)THE ASSOCIATED PRESS IS UNABLE TO INDEPENDENTLY VERIFY THE AUTHENTICITY, CONTENT, LOCATION OR DATE OF THIS HANDOUT PHOTOGunmen fired rocket-propelled grenades and machine guns early Monday in intense street battles in the Lebanese capital, wounding six people as fears mounted that the conflict in neighboring Syria was bleeding across the border.


Mom with flesh-eating disease had seven operations: brother

CHARLESTON, South Carolina (Reuters) - A 36-year-old new mother of twins who is suffering from a "flesh-eating" bacterial infection has undergone a series of operations to remove dead or damaged tissue in a South Carolina hospital, her brother said on Sunday. Lana Kuykendall was admitted to Greenville Memorial Hospital on May 11, days after giving birth, with a painful spot on her leg that was ultimately diagnosed as necrotizing fasciitis, a serious infection of the skin and soft tissues. ...

Mom with flesh-eating disease had seven operations: brother

CHARLESTON, South Carolina (Reuters) - A 36-year-old new mother of twins who is suffering from a "flesh-eating" bacterial infection has undergone a series of operations to remove dead or damaged tissue in a South Carolina hospital, her brother said on Sunday. Lana Kuykendall was admitted to Greenville Memorial Hospital on May 11, days after giving birth, with a painful spot on her leg that was ultimately diagnosed as necrotizing fasciitis, a serious infection of the skin and soft tissues. ...

NATO seeks unity on Afghan war despite French exit plan

Leaders take part in the NATO Summit meeting in ChicagoCHICAGO (Reuters) - NATO leaders charting a path out of Afghanistan sought on Sunday to dispel fears of a rush for the exits in the unpopular war even as France's new president vowed to stick by his pledge to withdraw French troops by year's end. President Barack Obama, who once called the Afghan conflict a "war of necessity" but is now looking for an orderly way out, hosted the NATO summit in his home town, Chicago, a day after major industrialized nations tackled a European debt crisis that threatens the global economy. ...


Serb rightist wins presidency, backs EU path

A supporter of the Serbian Progressive Party celebrates party leader and presidential candidate Tomislav Nikolic's victory in BelgradeBELGRADE (Reuters) - Opposition leader Tomislav Nikolic, last in power when Slobodan Milosevic's Serbia was bombed by NATO in 1999, was elected president on Sunday and pledged to keep the former Yugoslav republic moving towards the European Union. In a major upset, rightist Nikolic narrowly defeated liberal leader Boris Tadic, ending his eight years as head of state in a tense run-off election in which fewer than half of Serbia's eligible voters turned out. "There is divine justice," Nikolic told jubilant supporters in the capital, Belgrade. ...


Convicted Lockerbie bomber dies of cancer in Libya

FILE - This undated file photo, issued by the British Crown Office, shows Abdel Baset al-Megrahi. A son says Al-Megrahi, the former Libyan intelligence officer who was the only person ever convicted in the 1988 bombing of a PanAm flight over Scotland that killed 270 people, has died in Tripoli, Libya. Al-Megrahi suffered from prostate cancer. His death was announced Sunday, May 20, 2012, by his son Khaled. (AP Photo/Crown Copyright, File)He was the embodiment of one of modern Libya's darkest chapters — a man synonymous with horrifying scenes of wreckage, broken families and a plane that fell out of the sky a generation ago. His name, Abdel Baset al-Megrahi, was little known compared to the single word that his deeds represented: Lockerbie.


Italy quake kills at least six, damages historic buildings

A Carabinieri paramilitary officer stands near a damaged car after a strong aftershock struck Finale EmiliaSANT' AGOSTINO, Italy (Reuters) - A strong earthquake in northern Italy killed at least six people, injured dozens and damaged historic buildings including a famed mediaeval castle early on Sunday, waking terrified citizens and sending thousands running into the streets. The quake, which the U.S. Geological Survey recorded at magnitude 6.0, struck at 4:04 a.m. (0204 GMT) and was followed by a series of jolting aftershocks. At least two of them reached magnitude 5.1, sowing fresh panic, further damaging already weakened buildings and causing more structures to collapse. ...


Nationalist wins Serb presidential runoff

Supporters of Serbian Progressive Party leader Tomislav Nikolic with his pictures celebrate after presidential elections in downtown Belgrade, Serbia, Sunday, May 20, 2012. Nationalist Tomislav Nikolic beat pro European Union incumbent Boris Tadic in Serbia's presidential runoff election. (AP Photo)Nationalist candidate Tomislav Nikolic won the Serbian presidency on Sunday, a result that adds to the political turmoil in the Balkan country and could slow down its attempts to join the European Union.


Thousands protest in Chicago as NATO summit opens

Protesters holding an American flag march over a bridge during an anti-NATO protest march in ChicagoCHICAGO (Reuters) - Thousands of protesters carried their anti-war message to world leaders at a NATO summit on a steamy Sunday, in a mostly peaceful march led by a group of Iraq War veterans who symbolically gave back their military medals. During the march, a group of black-clad demonstrators darted toward police lines along the route, and some threw water bottles at officers who pushed back and yelled at them to move along, but there were no major incidents. ...


France's "Mr. Normal" stands out in diplomatic debut

French President Hollande arrives at the NATO Summit in ChicagoCHICAGO (Reuters) - New French president Francois Hollande likes to style himself as "Mr. Normal," but his sudden debut on the global stage this week has been anything but. From the Oval Office to a meeting of G8 leaders at the Camp David presidential retreat to the NATO summit in Chicago, Hollande, a life-long party official who has never held a ministerial post, sometimes looked as though he were trying the role of international summiteer on for size. Despite some awkwardness, Hollande appeared to pass his initial diplomatic tests. ...


Lockerbie bomber Megrahi dies in Libya leaving unanswered questions

File photo of convicted Lockerbie bomber Megrahi speaking during an exclusive interview with Reuters TV at his home in TripoliTRIPOLI (Reuters) - Abdel Basset al-Megrahi, the Libyan convicted of the 1988 bombing of a PanAm flight over Lockerbie, died of cancer on Sunday aged 60, leaving many questions on the attack and its aftermath unanswered. Megrahi, who said he was not responsible for bringing the jumbo jet down on the Scottish town and killing 270 people, was found guilty in 2001 but was freed in 2009 and returned to Libya because he had terminal cancer and was not expected to live long. ...


Insight: Indonesia tycoon Bakrie gears up for presidential bid

To match insight INDONESIA-BAKRIE/TANGERANG, Indonesia (Reuters) - There are many ways to describe Indonesia's Aburizal Bakrie: multi-millionaire businessman, global mining tycoon, heavyweight contender for the presidency in 2014. One description that does not spring to mind is man of the common people. So when Bakrie strode into a railway station in south Jakarta last week and slapped the equivalent of one U.S. dollar down on the counter for a ticket, it was a moment of political theatre. It also signaled an early step in the march to presidential elections in mid-2014 in the world's most populous Muslim-majority nation. ...


Putin to dominate new Russian government

Russia's President Putin attends the CSTO summit at the Kremlin in MoscowWASHINGTON/MOSCOW (Reuters) - Russian President Vladimir Putin will unveil a government dominated by loyalists on Monday, leaving Prime Minister Dmitry Medvedev limited scope to pursue his reform agenda and entrenching the Kremlin's grip over the economy's commanding heights. Medvedev, 46, named premier after Putin returned to the Kremlin on May 7, has pledged to launch pro-growth policies and a privatization drive to wean Russia's $1.7 billion economy off its dependence on oil. ...


Alleged perpetrator of mass beheadings in Mexico arrested

MEXICO CITY (Reuters) - Mexican soldiers have arrested an alleged perpetrator of the massacre of 49 people whose corpses were decapitated, dismembered and dumped on a highway last week. Daniel Elizondo, alias "The Madman," a leader of the Zetas drug cartel, was detained in the northern state of Nuevo Leon, a spokesman for the army said Sunday. Elizondo headed the Zetas trafficking operations in Cadereyta, an industrial town on the outskirts of Monterrey, close to where the bodies were dumped, the official said. ...

Yemen troops clash with al-Qaida in south; 17 dead

Fresh clashes between al-Qaida fighters and government forces in Yemen left 17 dead on Sunday, military officials said, as the army pushed on with an offensive to regain a key town in the county's south that fell to the militants more than a year ago.

Explosion near U.N. ceasefire monitor chief's convoy: Reuters witness

United Nations Under-Secretary-General for Peacekeeping Operations Ladsous and Norwegian Major-General Mood at a field visit to al-Zabadani area, near DamascusDOUMA, Syria (Reuters) - A roadside bomb exploded on Sunday about 150 meters (yards) from a United Nations convoy carrying the head of a Syria ceasefire monitoring mission and a senior U.N. official in the town of Douma, a Reuters witness said. Major General Robert Mood's car was stopped at an army checkpoint when the bomb detonated in an nearby alleyway and the convoy left, the Reuters journalist said, adding that there were no reports of casualties. United Nations Under-Secretary-General for Peacekeeping Operations Hervé Ladsous, who is visiting Syria, was also part of the convoy. ...


In tornado-weary Joplin, graduates eager to move on despite Obama visit

A cross is seen in JoplinJOPLIN, Mo (Reuters) - Having the president of the United States speak at commencement would normally be the most memorable day in the life of a high school senior. But not in Joplin, Missouri, where President Barack Obama's commencement address on Monday will come one year after the deadliest tornado in the United States in six decades killed 161 people. "I'm pretty sure we will remember the tornado more than Obama's speech," said graduating senior Ethan Ritschel. ...


In tornado-weary Joplin, graduates eager to move on despite Obama visit

A cross is seen in JoplinJOPLIN, Mo (Reuters) - Having the president of the United States speak at commencement would normally be the most memorable day in the life of a high school senior. But not in Joplin, Missouri, where President Barack Obama's commencement address on Monday will come one year after the deadliest tornado in the United States in six decades killed 161 people. "I'm pretty sure we will remember the tornado more than Obama's speech," said graduating senior Ethan Ritschel. ...


U.N. nuclear chief hopeful on Iran deal before Baghdad meet

International Atomic Energy Agency (IAEA) Director General Yukiya Amano speaks during a meeting with Belarussian Foreign Minister Sergei Martynov in MinskVIENNA (Reuters) - The U.N. nuclear supervisor flew to Tehran on Sunday voicing optimism he could reach a deal to investigate suspected atom bomb research - a possible breakthrough that Iran may hope could help ease Western sanctions pressure and deflect threats of war. "I really think this is the right time to reach agreement. Nothing is certain but I stay positive," Yukiya Amano, director general of the International Atomic Energy Agency, said at Vienna airport, adding "good progress" had already been made. ...


Fed by dry brush, wildfires persist in Southwest

Firefighters prepare to use a helicopter to survey the Gladiator Fire in CleatorPHOENIX (Reuters) - An Arizona wildfire whipped up by winds and dry conditions threatened to trigger more evacuations on Sunday, just as firefighters were nearly done battling the biggest of four blazes in the state. Fires in Arizona, New Mexico and Colorado have forced the evacuation of several small towns and torched more than 65 square miles (168 square km) of forest, brush and grass in the U.S. Southwest. ...


Dale Chihuly's 'Glass House' shines in Seattle

The Seattle Sun by artist Dale Chihuly is on display at the Chihuly Garden and Glass exhibit in Seattle(Reuters) - Pioneering glass artist Dale Chihuly, whose work has been shown in over 200 museums worldwide, will be honored in his home city Seattle when "Chihuly Garden and Glass" opens on Monday, offering the most comprehensive collection of his work ever. Spanning one and a half acres in the shadow of the Space Needle, the show includes an exhibition hall, a garden and a "Glass House" structure by Chihuly, inspired by his two favorite buildings, Paris' Sainte-Chapelle and London's Crystal Palace. ...


Dale Chihuly's 'Glass House' shines in Seattle

The Seattle Sun by artist Dale Chihuly is on display at the Chihuly Garden and Glass exhibit in Seattle(Reuters) - Pioneering glass artist Dale Chihuly, whose work has been shown in over 200 museums worldwide, will be honored in his home city Seattle when "Chihuly Garden and Glass" opens on Monday, offering the most comprehensive collection of his work ever. Spanning one and a half acres in the shadow of the Space Needle, the show includes an exhibition hall, a garden and a "Glass House" structure by Chihuly, inspired by his two favorite buildings, Paris' Sainte-Chapelle and London's Crystal Palace. ...


Cameron calls for euro contingency plans

British Prime Minister David Cameron and French President Francois Hollande speak at the end of their meeting in WashingtonCAMP ROUND MEADOW, Maryland (Reuters) - Prime Minister David Cameron urged countries on Saturday to put in place strong contingency plans to deal with fallout from the euro zone debt crisis as fears grow that Greece could be forced out of the European single currency. Cameron, speaking at a summit of the Group of Eight major economies, also appeared to hint that the European Central Bank should follow the example of the Bank of England by embarking on an asset purchase program to try to boost the economy. ...


Greeks must choose on euro - Cameron

CHICAGO (Reuters) - Greek voters have a choice in next month's elections between staying in the euro or leaving, British Prime Minister David Cameron said on Sunday, urging the euro zone to put in place strong contingency plans for either eventuality. Cameron, speaking in Chicago before the start of a NATO summit, dismissed talk that the G8 summit that ended on Saturday at Camp David, Maryland, was a failure "because I think it helped to crystallize the thinking of the world's economic leaders and particularly crystallize the thinking of the euro zone members. ...

China's Wen makes growth 'economic priority'

Wen urged a 'proactive' fiscal policy and a prudent monetary policyChinese Premier Wen Jiabao vowed proactive policies to make growth a bigger priority, as the world's second largest economy showed signs of weakness, state press said on Sunday.


Euro zone row gets fat pay rise for German workers

BERLIN (Reuters) - A record-breaking pay deal will give millions of German workers their biggest rise in wages in two decades, boost consumption in Europe's biggest economy and help towards adjusting the regional imbalances that have caused severe tensions within the euro zone, analysts said on Sunday. Germany's largest industrial union IG Metall agreed to a 4.3-percent pay rise from employers just before dawn on Saturday -- giving the 3.6 million car and engineering industry workers their biggest wage increase since a 5.4 percent deal in 1992. The eye-catching 4. ...

Tropical Storm Alberto not seen to gain strength, forecasters say

NASA satellite image of Tropical Storm AlbertoMIAMI (Reuters) - Tropical Storm Alberto churned slowly toward the South Carolina coast on Sunday where heavy rain and dangerous surf are expected from the beach resort of Myrtle Beach south to Savannah, Georgia, forecasters at the U.S. National Hurricane Center said. Bringing an early start to the Atlantic hurricane season, Alberto rose to tropical storm strength on Saturday and by Sunday morning was about 95 miles south-southeast of Charleston, according to the latest update by the hurricane center in Miami. It carried maximum sustained winds near 50 miles per hour. ...


Wall Street Week Ahead: Market is oversold, but major signs say "sell"

The U.S. flag hangs outside the New York Stock ExchangeNEW YORK (Reuters) - Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case this week, even after the market posted its worst weekly loss for the year and the S&P fell for six straight sessions. With the corporate earnings season drawing to an end and recent U.S. economic data raising doubts about the pace of growth, the S&P 500, which is down 7.3 percent so far in May, could decline further this week as concerns about the financial health of Europe persist. ...


Welcome to hotels.com