Gay makes triumphant return ahead of US trials

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• Gay makes triumphant return ahead of US trials
• Rebels battle in Assad stronghold of Damascus
• EURO 2012 LIVE: Germany vs. Portugal
• LA's Getty Museum illustrates death in Middle Ages
• Police report: megachurch pastor choked daughter
• War crimes court says 4 staff held in Libya
• Racist abuse, far-right flags at Russia match
• Four International Criminal Court staff held in Libya: ICC
• Veiled suicide bomber kills four French soldiers in Afghanistan
• Euro zone agrees to lend Spain up to 100 billion euros
• Slugger Pablo Sandoval returns to Giants lineup
• Lagarde says IMF ready to help with Spain's banks
• Sharapova beats Errani for 1st French Open title
• Karzai: US failed to consult Afghans on airstrike
• U.S. welcomes European action on Spain's banks
• Poll: Americans know how to save energy, but balk
• Bomber kills 4 French troops in Afghanistan
• Explorer's study of 'sexually depraved' penguins unearthed
• Spain's boom to bust timeline
• Finland demands Spain collateral if EFSF used: report
• Spain to pay same rates as other bailed out countries
• Europe bailout of Spain could cost $125 billion
• Tyson Gay returns to competition with 10.0 100
• Denmark stuns Netherlands 1-0 at Euro 2012
• New front expected in fight over Arizona law
• Houston trial focusing on stand your ground law
• Myanmar: Calm restored after rioting that killed 7
• Spain goes from boom to bailout in a decade
• Rebels battle Syrian forces in Damascus
• Stony Brook tops LSU 3-1 to even NCAA series
• Karzai says NATO to end air strikes on residential areas
• Europe bailout for Spain's banks could cost $125BN
• War crimes court: 4 staffers held in Libya
• Perera, Dilshan star in Sri Lankan victory
• Schaeuble says Spain takes "big steps" with aid move
• Spain to seek bailout for troubled banking sector
• Spain to get 100 billion euros after formal aid request: Eurogroup
• Spain intends to ask for financial help: economy minister
• Euro crisis response disappointing: Italy minister
• Spain's banks need at least 40 billion euros: IMF

Gay makes triumphant return ahead of US trials Posted: 09 Jun 2012 01:07 PM PDT Former world champion Tyson Gay made a triumphant return to competition after almost a year off with victory Saturday in a 100-meter "B" race at the Diamond League meet in New York.

Rebels battle in Assad stronghold of Damascus Posted: 09 Jun 2012 01:04 PM PDT Bullets and shrapnel shells smashed into homes in the Syrian capital of Damascus overnight as troops battled rebels in the streets, a show of boldness for rebels taking their fight against President Bashar Assad to the center of his power.

EURO 2012 LIVE: Germany vs. Portugal Posted: 09 Jun 2012 01:03 PM PDT Germany, one of the main favorites to win Euro 2012, plays Cristiano Ronaldo's Portugal. Earlier Saturday, Denmark pulled off a shock 1-0 win over the Netherlands.

LA's Getty Museum illustrates death in Middle Ages Posted: 09 Jun 2012 01:01 PM PDT Death and taxes may both be inevitable in this modern-day world of ours, yet it seems only death has had the ability to inspire great art in people since at least Medieval times.

Police report: megachurch pastor choked daughter Posted: 09 Jun 2012 12:59 PM PDT The 15-year-old daughter of megachurch pastor Creflo Dollar told authorities her father choked and punched her, and hit her with his shoe during an argument over whether she could go to a party, according to a police report.

War crimes court says 4 staff held in Libya Posted: 09 Jun 2012 12:59 PM PDT The International Criminal Court on Saturday demanded the release of four of its staffers it says are being detained in Libya, where they are part of an official mission sent to meet with the imprisoned son of deposed dictator Moammar Gadhafi.

Racist abuse, far-right flags at Russia match Posted: 09 Jun 2012 12:56 PM PDT Racism and violence involving Russia's fans have marred the start of the European Championship and confirmed fears that Euro 2012 could be a troubled tournament.

Four International Criminal Court staff held in Libya: ICC Posted: 09 Jun 2012 12:56 PM PDT Four International Criminal Court staff have been arrested in Libya during a visit to arrange the defence for slain dictator Moamer Kadhafi's detained son Seif al-Islam, the tribunal said Saturday.

Veiled suicide bomber kills four French soldiers in Afghanistan Posted: 09 Jun 2012 12:55 PM PDT KABUL (Reuters) - A suicide bomber dressed in a burqa blew himself up near a French patrol in Afghanistan on Saturday, killing four soldiers and wounding five as the Taliban step up a spring offensive. The attack - one of the deadliest on the French contingent in months - occurred in the mountainous Kapisa province in the east of the country, an area mainly patrolled by a French force under NATO command. "It was an unfortunate incident. ...

Euro zone agrees to lend Spain up to 100 billion euros Posted: 09 Jun 2012 12:48 PM PDT BRUSSELS/MADRID (Reuters) - Euro zone finance ministers agreed on Saturday to lend Spain up to 100 billion euros ($125 billion) to shore up its teetering banks and Madrid said it would specify precisely how much it needs once independent audits report in just over a week. After a 2-1/2-hour conference call of the 17 finance ministers, which several sources described as heated, the Eurogroup and Madrid said the amount of the bailout would be sufficiently large to banish any doubts. ...

Slugger Pablo Sandoval returns to Giants lineup Posted: 09 Jun 2012 12:46 PM PDT Pablo Sandoval insists he'll get back to his rigorous fitness routine to be at his best for the rest of San Francisco's season — and he doesn't much care what the general public thinks about his waist size.

Lagarde says IMF ready to help with Spain's banks Posted: 09 Jun 2012 12:45 PM PDT WASHINGTON (Reuters) - The head of the International Monetary Fund said on Saturday the global lender stood ready to help monitor the assistance the euro zone intends to provide to Spain's banks, and said the size of the planned aid appeared ample. "The IMF stands ready, at the invitation of the Eurogroup members, to support the implementation and monitoring of this financial assistance through regular reporting," IMF Managing Director Christine Lagarde said in a statement. ...

Sharapova beats Errani for 1st French Open title Posted: 09 Jun 2012 12:42 PM PDT Sidelined in 2008 by a right shoulder that needed surgery, putting her tennis future suddenly in doubt, Maria Sharapova decided to use the free time to study a new language, the one spoken at the only Grand Slam tournament she had yet to win.

Karzai: US failed to consult Afghans on airstrike Posted: 09 Jun 2012 12:42 PM PDT Afghanistan's president said Saturday that the United States has put the two countries' security pact at risk with a unilateral airstrike that killed 18 civilians, while a Taliban suicide bomber killed four French soldiers responding to a tipoff about a bomb hidden under a bridge.

U.S. welcomes European action on Spain's banks Posted: 09 Jun 2012 12:37 PM PDT WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner on Saturday welcomed the euro zone's decision to provide up to 100 billion euros ($125 billion) to recapitalize Spanish banks, calling it an important step toward financial union. "We welcome Spain's action to recapitalize its banking system and the commitment by its European partners to provide support," Geithner said in a statement. "These are important for the health of Spain's economy and as concrete steps on the path to financial union, which is vital to the resilience of the euro area. ...

Poll: Americans know how to save energy, but balk Posted: 09 Jun 2012 12:36 PM PDT When it comes to saving energy, people in the United States know that driving a fuel-efficient car accomplishes more than turning off the lights at home.

Bomber kills 4 French troops in Afghanistan Posted: 09 Jun 2012 12:35 PM PDT A Taliban suicide bomber wearing a burqa killed four French soldiers and wounded five others Saturday in an attack on a NATO-led patrol in eastern Afghanistan, officials said.

Explorer's study of 'sexually depraved' penguins unearthed Posted: 09 Jun 2012 12:33 PM PDT He risked freezing or starving to death on a doomed expedition to the South Pole 100 years ago -- but for George Murray Levick, the real horror lay in the twisted sexual mores of the Adelie penguin.

Spain's boom to bust timeline Posted: 09 Jun 2012 12:32 PM PDT Spain's economic fortunes have gone from boom to deep financial crisis over the past decade. Here are the main developments:

Finland demands Spain collateral if EFSF used: report Posted: 09 Jun 2012 12:30 PM PDT HELSINKI (Reuters) - Finland will demand collateral from Spain if the country receives aid through temporary rescue mechanism EFSF, Finance Minister Jutta Urpilainen said, according to media reports. "It is still open whether the loan will be granted through temporary mechanism, when Finland will need collateral as was written in the government programme, or if it will be granted through permanent mechanism," Urpilainen told MTV3 television news. ...

Spain to pay same rates as other bailed out countries Posted: 09 Jun 2012 12:22 PM PDT DUBLIN (Reuters) - Spain will pay the same interest rates as those countries already bailed out by the European Union and International Monetary Fund for funds it will receive to recapitalize its banks, Ireland's finance minister said on Saturday. "The European authorities will provide up to 100 billion euros to fully recapitalize the Spanish banks and to provide a significant safety margin beyond the recapitalization requirements," Michael Noonan said in a statement. ...

Europe bailout of Spain could cost $125 billion Posted: 09 Jun 2012 12:07 PM PDT Spain will ask for a bailout for banks felled by bad real estate loans, in an about-face that European officials welcomed Saturday and said could cost up to €100 billion ($125 billlion).

Tyson Gay returns to competition with 10.0 100 Posted: 09 Jun 2012 12:05 PM PDT Former world champion Tyson Gay has made a successful return to competition, running the 100 meters in 10.0 seconds into a headwind at the Adidas Grand Prix.

Denmark stuns Netherlands 1-0 at Euro 2012 Posted: 09 Jun 2012 12:05 PM PDT Denmark pulled off the first big surprise of the European Championship with a 1-0 victory over the Netherlands on Saturday in Group B.

New front expected in fight over Arizona law Posted: 09 Jun 2012 12:02 PM PDT A forthcoming U.S. Supreme Court decision on Arizona's controversial immigration law — which some experts believe could uphold the most controversial aspects of the measure — won't end legal disputes on the matter and instead is likely to ignite renewed assaults by the law's opponents.

Houston trial focusing on stand your ground law Posted: 09 Jun 2012 11:59 AM PDT When music at a neighbor's evening party got too loud for his liking, Raul Rodriguez showed up to complain, carrying a gun and a video camera.

Myanmar: Calm restored after rioting that killed 7 Posted: 09 Jun 2012 11:58 AM PDT Security forces in western Myanmar have restored order after rioters burned hundreds of homes in sectarian violence that killed at least seven people, state-controlled media reported Saturday.

Spain goes from boom to bailout in a decade Posted: 09 Jun 2012 11:57 AM PDT Spain's economic fortunes have gone from boom to deep financial crisis over the past decade. Here are the main developments:

Rebels battle Syrian forces in Damascus Posted: 09 Jun 2012 11:56 AM PDT Bullets and shrapnel shells smashed into homes in the Syrian capital overnight, as troops battled rebels in the streets, in the heaviest fighting yet in Damascus. The violence marked an increased boldness among rebels in taking their fight against the regime of President Bashar Assad to the center of his power.

Stony Brook tops LSU 3-1 to even NCAA series Posted: 09 Jun 2012 11:54 AM PDT Tyler Johnson threw a three-hitter and allowed an unearned run, and Stony Brook defeated LSU 3-1 on Saturday to even the super regional series at one game each.

Karzai says NATO to end air strikes on residential areas Posted: 09 Jun 2012 11:50 AM PDT Afghan President Hamid Karzai said Saturday that the US commander of NATO forces in Afghanistan had "promised" air strikes on residential areas would stop after apologising for recent civilian deaths.

Europe bailout for Spain's banks could cost $125BN Posted: 09 Jun 2012 11:37 AM PDT Finance ministers from the 17 countries that use the euro say they are ready to give Spain up to €100 billion ($125 billion) in a bailout to help save its ailing banking sector.

War crimes court: 4 staffers held in Libya Posted: 09 Jun 2012 11:36 AM PDT The International Criminal Court says that four of its staffers have been detained in Libya and is demanding their immediate release.

Perera, Dilshan star in Sri Lankan victory Posted: 09 Jun 2012 11:33 AM PDT Paceman Thisara Perera bagged a career-best 6-44 and Tillakaratne Dilshan hit a century as Sri Lanka posted an easy 76-run win over Pakistan in the second one-day international on Saturday.

Schaeuble says Spain takes "big steps" with aid move Posted: 09 Jun 2012 11:29 AM PDT BADEN-BADEN, Germany (Reuters) - German Finance Minister Wolfgang Schaeuble praised Spain for its decision to seek aid from its euro zone partners on Saturday, telling Reuters in Baden-Baden that the country was taking "big steps" to get its economic and financial problems under control. Schaeuble said that Spain, which on Saturday became the fourth country to seek assistance since Europe's debt crisis began, was on the right track. ...

Spain to seek bailout for troubled banking sector Posted: 09 Jun 2012 11:26 AM PDT Spain will ask for a bank bailout from Europe, becoming the fourth and largest country to seek help since the single currency bloc's debt crisis erupted.

Spain to get 100 billion euros after formal aid request: Eurogroup Posted: 09 Jun 2012 11:24 AM PDT BRUSSELS (Reuters) - Spain will make a formal request for aid from its euro zone partners "shortly" and will receive up to 100 billion euros once that request is made, the euro zone's 17 finance ministers said in a statement on Saturday. After a conference call that lasted more than 2-1/2 hours, the ministers said the financial assistance would be provided from either of the euro zone's rescue mechanisms, the EFSF and the ESM, and would go to recapitalize Spain's worst banks. ...

Spain intends to ask for financial help: economy minister Posted: 09 Jun 2012 11:21 AM PDT MADRID (Reuters) - Spain intends to ask for financial help to shore up its banking sector, Economy Minister Luis de Guindos said on Saturday, adding that the country's bank rescue fund FROB will be the mechanism used to channel funds to lenders. De Guindos told a news conference that it was not yet clear which European bailout structure would be used, whether the European Financial Stability Facility or the European Stability Mechanism. "The Spanish government declares its intention to request European financing for the recapitalization of the Spanish banks that need it," De Guindos said. ...

Euro crisis response disappointing: Italy minister Posted: 09 Jun 2012 11:16 AM PDT SANTA MARGHERITA LIGURE/VENICE, Italy (Reuters) - Italy must push on with reforms to resolve its economic crisis, the industry minister said on Saturday, expressing disappointment at the euro zone's efforts to resolve the wider sovereign debt troubles plaguing the bloc. Speaking at two conferences in northern Italy, Industry Minister Corrado Passera and Bank of Italy governor Ignazio Visco said the crisis in Italy was not over. ...

Spain's banks need at least 40 billion euros: IMF Posted: 09 Jun 2012 11:16 AM PDT WASHINGTON (Reuters) - Spain needs about 40 billion euros in extra capital injected into several banks to allow them to withstand severe economic conditions, the International Monetary Fund said on Friday. The IMF said its "stress test" does not include extra capital that it recommends Spain needs as a buffer to cover restructuring costs and loan losses. An IMF official said such a buffer usually would be 1.5 to two times larger to convince markets that Spain has a credible cushion to handle shocks. ...

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