Yahoo! News: World News

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• United States recognizes Libya rebels (Reuters)
• 32 killed in Syria protests, Damascus moves-activists (Reuters)
• U.S. drawdown begins in Afghanistan (Reuters)
• Mullah Omar, headscarves and bizarre Afghan peace talks (Reuters)
• World's biggest diamond hub suffers hit in Mumbai blasts (Reuters)
• Why Italy's Government Is Suddenly All About Austerity (Time.com)
• Hardline Arab-Israeli imam granted bail in Britain (AFP)
• Latest developments in Arab world's unrest (AP)
• 7 dead, 59 escape in Mexico prison fight near US (AP)
• US formally recognizes Libya rebels (AP)
• Strauss gets back on track as India labour (AFP)
• Home resales up in June but Vancouver cools (Reuters)
• Brutus, the monster crocodile, thrills Australian tourists (Reuters)
• Do European banks need tougher stress tests? (The Christian Science Monitor)
• Why China's Leaders Are Reviving Mao's Legacy and "Red Culture" (Time.com)
• Mumbai blasts raise terrorism concerns, but not calls for political change (The Christian Science Monitor)
• Central America: Fair Trade Taking Root (OneWorld.net)

United States recognizes Libya rebels (Reuters) Posted: 15 Jul 2011 01:23 PM PDT Reuters - Rebel leaders won recognition as the legitimate government of Libya from the United States and other world powers on Friday in a major boost to the rebels' faltering campaign to oust Muammar Gaddafi.

32 killed in Syria protests, Damascus moves-activists (Reuters) Posted: 15 Jul 2011 03:52 PM PDT Reuters - Syrian forces killed at least 32 civilians on Friday, including 23 in the capital Damascus, in an intensifying crackdown on protests against President Bashar al-Assad, activists said.

U.S. drawdown begins in Afghanistan (Reuters) Posted: 15 Jul 2011 04:46 AM PDT Reuters - The first U.S. troops have left Afghanistan as part of President Barack Obama's planned drawdown of about a third of the 100,000 U.S. forces there during the next year.

Mullah Omar, headscarves and bizarre Afghan peace talks (Reuters) Posted: 15 Jul 2011 06:31 AM PDT Reuters - Afghanistan's complex and often confusing business of talks with the Taliban took a surprisingly dramatic turn this week when a female lawmaker told a news conference she had recently met the militant group's leader, Mullah Omar, who agreed to make peace.

World's biggest diamond hub suffers hit in Mumbai blasts (Reuters) Posted: 15 Jul 2011 07:18 AM PDT Reuters - One of this week's deadly Mumbai blasts scattered diamonds, possibly worth millions of dollars, onto the street but has not convinced traders to abandon their hub in the heart of the city for a purpose-built diamond bourse in the suburbs.

Why Italy's Government Is Suddenly All About Austerity (Time.com) Posted: 15 Jul 2011 01:55 PM PDT Time.com - Pushed through in a panic, Italy's new austerity package shows that the country's leaders have realized they can't rely on Europe to reassure markets. But can they do it by themselves?

Hardline Arab-Israeli imam granted bail in Britain (AFP) Posted: 15 Jul 2011 03:42 PM PDT AFP - A controversial Arab-Israeli Islamist leader, Sheikh Raed Saleh, was granted bail by a British court Friday pending the outcome of his legal challenge against efforts by the government to deport him.

Latest developments in Arab world's unrest (AP) Posted: 15 Jul 2011 12:54 PM PDT AP - BEIRUT — Hundreds of thousands of Syrians mount the largest protests since the uprising began more than four months ago, pouring into areas where the government crackdown has been most intense in a sign that security forces cannot break the revolt. Syrian authorities fire on the crowds, killing at least 17 people and wounding more than 100, activists say.

7 dead, 59 escape in Mexico prison fight near US (AP) Posted: 15 Jul 2011 04:21 PM PDT AP - Fighting among inmates in a Mexican prison near the U.S. border killed seven prisoners and allowed at least 59 others to escape, police said Friday.

US formally recognizes Libya rebels (AP) Posted: 15 Jul 2011 04:20 PM PDT AP - The United States and other nations on Friday formally recognized Libya's main opposition group as the country's legitimate government until a new interim authority is formed.

Strauss gets back on track as India labour (AFP) Posted: 15 Jul 2011 04:02 PM PDT AFP - England Test captain Andrew Strauss warmed up for next week's first Test against India by scoring a quick-fire 78 as Somerset reached 329-2 against the tourists at Taunton on Friday.

Home resales up in June but Vancouver cools (Reuters) Posted: 15 Jul 2011 07:30 AM PDT Reuters - Sales of existing homes in Canada rose 2.6 percent in June from May with increases in most markets across the country except for high-priced Vancouver and Toronto, the Canadian Real Estate Association (CREA) said on Friday.

Brutus, the monster crocodile, thrills Australian tourists (Reuters) Posted: 15 Jul 2011 07:29 AM PDT Reuters - In Australia's outback Northern Territory, tourists are warned to stay away from deadly crocodiles - but someone forgot to tell Brutus, a monster crocodile, to stay away from tourists.

Do European banks need tougher stress tests? (The Christian Science Monitor) Posted: 15 Jul 2011 10:57 AM PDT The Christian Science Monitor - The European Banking Authority (EBA) says 8 out of 90 banks in the European Union failed a stress test, designed to check the robustness of financial institutions in times of crisis. Another 16 banks were in the danger zone, the London-based EBA added. Five of the failed banks are in Spain, two are in Austria, and one is in Greece.

Why China's Leaders Are Reviving Mao's Legacy and "Red Culture" (Time.com) Posted: 15 Jul 2011 01:55 PM PDT Time.com - Why China's Leaders Are Reviving Mao's Legacy

Mumbai blasts raise terrorism concerns, but not calls for political change (The Christian Science Monitor) Posted: 15 Jul 2011 10:33 AM PDT The Christian Science Monitor - Facing a dearth of evidence from Wednesday’s terrorist attack on Mumbai, the Indian government has avoided speculating on culprits and announced planned talks with Pakistan would continue as scheduled.

Central America: Fair Trade Taking Root (OneWorld.net) Posted: 15 Jul 2011 07:20 AM PDT OneWorld.net - GUATEMALA CITY, Jul 14 (IPS) - "We started out with 10 organisations and now we have 22 cooperatives with more than 19,000 members who grow and export crops with an environmental, social and economic focus," says an enthusiastic Marvin López, with the Guatemalan network of small-scale fair trade farmers (CGCJ).

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