Friday, June 25, 2010


* Leaders differ on how to nurture a global recovery As world leaders gathered to deal with the aftermath of the global financial crisis, President Barack Obama boasted about a congressional compromise on overhauling the U.S. banking system.

* Iranian Gaza aid ship won't sail due to 'Israeli threats' An Iranian organization announced Thursday evening that the vessel carrying aid to the Gaza Strip, which was to have started its journey on Sunday from Iran, will not set sail.

* Likud approves resumption of construction upon freeze's end The Likud Central Committee approved Thursday a proposal put forward by Knesset Member Danny Danon calling for the resumption of construction in the settlements.

* Landau: Israel willing to use force to protect gas finds National Infrastructure Minister Uzi Landau said Thursday that Israel is willing to use force in order to protect the natural gas reserves.

* US Approves New Iran Sanctions The United States Senate has voted 99-0 to approve new, tougher sanctions on Iran.

* Chinese Currency Hits New High Ahead of Meeting With global leaders assembling for a summit meeting in Canada over the weekend, China allowed the renminbi to close Friday at the strongest level against the dollar since currency policies were overhauled in 2005.

* Geithner tells Europe to focus on growth Europe must focus on growth as well as cutting spending to reduce national deficits, US Treasury Secretary Timothy Geithner has told the BBC.

* Legal conundrum hangs over Kosovo's EU future Kosovo is optimistic about its prospects of starting talks on visa free travel and a basic trade pact with the EU.

* Assad to start Latin American tour To improve Syria's image on the international stage and strengthen economic ties, Syrian President Bashar al-Assad has set out on a landmark tour to Latin America .

* US Takes Sides with Turkey on Kurdish Struggle The United States is taking sides with Turkey on the issue of the Kurdish struggle for freedom.