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Iran feels sanctions pinch as Asia traders cut ties (Reuters)

Reuters - Malaysia has halted palm oil exports to Iran because of payments problems and Asian oil buyers have cut crude purchases as Western sanctions tighten a financial noose around Iran.

Reporters locked out of Nigeria's busiest airport (AP)

AP - An international watchdog says authorities have shut down a long-standing press center in Nigeria's busiest airport.

Rupert Murdoch's company settles 9 lawsuits (AP)

AP - All but one of the first wave of phone hacking cases against Rupert Murdoch's News International have been settled, victims' lawyer told Britain's High Court on Wednesday.

EU set to adopt new sanctions against Syria (AP)

Pro-Syrian regime supporters wave Syrian and Russian flags as they cheer a convoy believed to be transporting Russian Foreign Minister Sergey Lavrov in Damascus, Syria, Tuesday, Feb. 7, 2012. Thousands of Syrians waving Russian flags cheered Russia's foreign minister as he arrived in Damascus Tuesday for talks with embattled President Bashar Assad on the country's escalating violence. (AP Photo/Muzaffar Salman)AP - A senior EU official say the bloc will soon impose harsher sanctions against Syria as it seeks to weaken the regime and end President Bashar Assad's crackdown against political opponents.


Hopes fade for dozens buried in Philippines quake (AP)

In this Tuesday Feb.7, 2012 photo, rescuers and residents search for survivors following a landslide triggered by a Magnitude 6.9 earthquake at Guihulngan township, Negros Oriental province in central Philippines. Dozens of people were still missing Tuesday following a strong earthquake that triggered landslides and damaged buildings and roads on a central Philippine island. (AP Photo/Choy Gallarde)AP - Philippine officials conceded Wednesday that there was little hope of finding any survivors among 71 people still buried in landslides set off by a powerful earthquake, as jittery residents stayed away from their homes amid a flurry of aftershocks.


Maldives' Nasheed says he was forced to resign at gunpoint (Reuters)

Maldives' newly appointed President Mohamed Waheed Hassan Manik speaks during a news conference at the presidential office in Male February 8, 2012. REUTERS/Dinuka LiyanawatteReuters - Ex-Maldivian president Mohamed Nasheed said on Wednesday he was forced to step down at gunpoint on and urged his successor to step down.


US, Japan pave way to send Okinawa Marines to Guam (AP)

AP - The transfer of thousands of U.S. Marines to Guam will not require the prior closure of a base on the southern Japan island of Okinawa, the United States and Japan announced Wednesday in a compromise they hope will break a stalemate over opposition to the large U.S. military presence there.

Spanish writedown costs Scandinavia's SAS dear (AP)

AP - The Scandinavian airline group SAS recorded a loss of 1.7 billion kronor ($250 million) in 2011 after taking a big writedown following the bankruptcy of Spanish budget carrier Spanair.

Homs under assault, Russia unbending on Syria (Reuters)

Reuters - Syrian forces thrusting into the rebellious city of Homs on Wednesday killed at least 67 civilians, including three families slain in their homes by militiaman loyal to President Bashar al-Assad, activists said.

Europe to extend Airbus A380 checks: sources (Reuters)

Reuters - European air safety officials are preparing to extend checks for Airbus A380 wing cracks to the entire superjumbo fleet, sources close to the matter told Reuters on Wednesday.

Nissan sees annual profits beating Toyota, Honda (Reuters)

Reuters - Nissan Motor Co (7201.T) is on track to be the most profitable of Japan's three big automakers this year, after record car sales last year and improved market share in every major region pushed up quarterly operating profit.

Haiti Papers Over the Past: The Re-Branding of Baby Doc Duvalier (Time.com)

Time.com - The government of Michel Martelly -- friend of Sean Penn and other U.S. celebrities -- has decided not to pursue the ex-dictator-for-life for crimes against humanity -- just corruption

Rio's Olympic Preview: Erupting Manhole Covers (Time.com)

Time.com - Will the Brazilian megacity's crumbling infrastructure spoil the World Cup and the Olympics?

Statoil earnings surge on higher oil, gas prices (AP)

AP - Norwegian oil company Statoil ASA on Wednesday said its profits soared in the fourth quarter on higher oil and gas prices and a one-time gain from the sale of a stake in a gas transportation company.

Monti says reforms to shield Italy from Greek risk: TV (Reuters)

Reuters - Italian Prime Minister Mario Monti is confident reforms undertaken by his country over the last few months will help soften any blow from an unruly default by euro zone partner Greece.

Greek party leaders prepare for crucial debt talks (AP)

Riot Police push back protestors, one waving the Greek flag, who try to enter at the Parliament building at Athens' main Syntagma square, during a 24-hour strike on Tuesday, Feb. 7, 2012. A general strike against the impending cutbacks stopped train and ferry services nationwide, while many schools and banks were closed and state hospitals worked on skeleton staff. (AP Photo/Petros Giannakouris)AP - Greek coalition leaders are studying a draft deal on further austerity measures demanded to secure a new bailout that will determine whether the country avoids a looming bankruptcy next month.


Stock futures signal higher Wall Street open (Reuters)

Traders work on the floor of the New York Stock Exchange, February 6, 2012. REUTERS/Brendan McDermidReuters - Stock index futures pointed to a slightly higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 rising 0.2 to 0.3 percent.


Japan to slash use of a heavy rare earth as China tightens grip (Reuters)

Reuters - Japan aims to cut domestic consumption of a heavy rare earth used widely in hybrid cars and electronics by 30 percent over the next two years as China keeps a tight grip on exports of the material, known as dysprosium.

U.S. to move Marines to Guam despite Futenma delay (Reuters)

Reuters - Japan and the United States said on Wednesday they have started talks to transfer U.S. Marines to Guam from the southern Japan island of Okinawa despite little progress being made on the planned relocation of a U.S. airbase on Okinawa, a step forward in an issue that has long been an irritant in bilateral ties.

Greeks seek elusive bailout deal, EU tempers fray (Reuters)

Reuters - Greek parties will try again on Wednesday to agree a reform deal in return for a new international rescue to avoid a chaotic default, after delays prompted some EU leaders to warn that the euro zone can live without Athens.

Defense relentless in questioning ex-Stanford exec (AP)

AP - Liar. Hypocrite. Adulterer. Fraudster. Coward.

Disgruntled police in Brazil threatening Carnival (AP)

Soldiers maintain their blockade of the Bahian state legislature building, where up to 300 striking police officers and their families are holed up, in Salvador, Brazil, Tuesday Feb. 7, 2012. About one-third of Bahia's 30,000 police went on strike a week ago and murders in the capital's metropolitan area immediately spiked, reaching double normal rates before 2,000 troops were sent in Sunday to patrol the city in armored personnel carriers. The striking police officers are demanding pay raises and amnesty for what a judge ruled an illegal work stoppage. (AP Photo/Felipe Dana)AP - Disgruntled police across Brazil are taking aim at the country's iconic Carnival celebration, raising threats to the annual street parties that draw hordes of foreigners as a way to press their demands for pay raises.


NATO, Afghan and Pakistan officials to hold border talks (Reuters)

Reuters - NATO, Afghan and Pakistani military officials will hold talks on improving border security and coordination on Wednesday, in a possible sign that tension is easing following a cross-border NATO air attack in November that infuriated Pakistan.

Two RCMP officers shot in Alberta; house surrounded (Reuters)

Reuters - Two Royal Canadian Mounted Police officers were shot and wounded in the western province of Alberta, the national police force said on Tuesday.

Yahoo chairman exits, review drags on (Reuters)

In this image released by Yahoo!, documentary filmmaker Morgan Spurlock is shown in 'The Failure Club,' a series about people trying to do the things they've always feared, for Yahoo! After years of drips and drabs of experimentation, the top video destinations on the Web are flush with original projects and teaming with a new wave of niche-oriented content creators. (AP Photo/Yahoo!)Reuters - Yahoo Inc Chairman Roy Bostock and three other directors will step down as the struggling company ploughs ahead with an internal overhaul, including discussions on dealing with its stakes in China's Alibaba Group and Yahoo Japan.


Eyes on dissident states as mortgage deal nears (Reuters)

Reuters - A broad settlement with major banks over mortgage servicing abuses that would bring relief to distressed U.S. homeowners could be announced as early Thursday, two people familiar with the matter said.

AP Enterprise: Brown bank regulator an insider (AP)

In this photo taken Monday Jan. 9, 2012, Jan Owen, Gov. Jerry Brown's appointee to head the Department of Corporations, testifies before the Assembly Banking Committee in Sacramento, Calif. Consumer groups say Owen's background working for companies that were at the heart of the mortgage meltdown raises questions about her approach at the department that oversees California banking, financial and consumer regulations. (AP Photo/Rich Pedroncelli)AP - Gov. Jerry Brown's appointee to head the department that oversees banking, financial and consumer regulations in California led a trade association that fought against tighter lending restrictions before the subprime mortgage crisis exploded and was an executive with Washington Mutual when the now-failed bank was among the most aggressive marketers of loans to high-risk borrowers.


The Merkel-Sarkozy 'odd couple' becomes a campaign duo (The Christian Science Monitor)

The Christian Science Monitor - A German chancellor stumping for a standing French president is not something the French have seen before.

Tour de France champ Alberto Contador vows to challenge doping verdict (+video) (The Christian Science Monitor)

The Christian Science Monitor - Three-time Tour de France champion Alberto Contador signaled today his intention to appeal the doping conviction handed down yesterday by the Court of Arbitration for Sport (CAS) after a grueling 18-month legal battle.

Job openings rise to 3.4 million in December (Reuters)

Reuters - The number of jobs waiting to be filled rose in December as employers tried to ramp up hiring in factories, retail and business services, the government said on Tuesday.

Walmart names ex-Woolworths veteran as new China CEO (Reuters)

Reuters - Wal-Mart Stores Inc has named an industry veteran, but a relative newcomer to China, to run what is a strategically crucial business for the world's biggest retailer as it faces tougher competition in the fastest growing major economy.

Bangladeshi Investors Badly Hit by the Stock-Market Crash (Time.com)

Time.com - The dramatic rise and swift fall of Bangladesh's stock market is a cautionary tale for emerging-market investors oblivious to the perils of hasty deregulation and rapid capital inflows
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