Yahoo! News: World News

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• West readies oil stocks release as Iran plans war games (Reuters)
• Suicide bomb kills 26 in Syria: interior minister (Reuters)
• Navy rescues Iranians held by pirates (Reuters)
• Hot air balloon crash kills 11 in New Zealand (Reuters)
• Claim and Counterclaim: Who Is Bombing Damascus? (Time.com)
• Treasurys rise as Europe woes outweigh jobs report (AP)
• Bombing in Syrian capital of Damascus kills 25 (AP)
• Mexico nabs key suspect in arson that killed 52 (AP)
• Libya's Belhaj won't join UK's torture inquiry (AP)
• 11 dead after hot air balloon crash in New Zealand (AP)
• 17,500 jobs added in December, but jobless rate up (Reuters)
• East Timor Mulls Politics of Teaching Portuguese in School (Time.com)
• Despite convictions, UK's Stephen Lawrence case still not fully resolved (The Christian Science Monitor)
• Why Hungary's New Constitution Could Be Bad for Europe (Time.com)
• Conflicting signals on reform in Burma (Myanmar) (The Christian Science Monitor)

West readies oil stocks release as Iran plans war games (Reuters) Posted: 06 Jan 2012 04:13 PM PST Reuters - Iran announced on Friday new military exercises in the Strait of Hormuz, but the West has readied plans to use strategic oil stocks to replace almost all Gulf oil lost if Iran blocks the waterway, industry sources and diplomats told Reuters.

Suicide bomb kills 26 in Syria: interior minister (Reuters) Posted: 06 Jan 2012 11:02 AM PST Reuters - A suicide bomber killed 26 people and wounded 63 in Damascus on Friday, Syria's interior minister said, vowing an "iron fist" response to the carnage in the heart of the Syrian capital after similar attacks two weeks ago.

Navy rescues Iranians held by pirates (Reuters) Posted: 06 Jan 2012 03:53 PM PST Reuters - Just days after Iran warned them not to return to the Gulf, U.S. naval forces in the nearby Arabian Sea rescued 13 Iranian fishermen who were held hostage by pirates for more than a month, the Navy said on Friday.

Hot air balloon crash kills 11 in New Zealand (Reuters) Posted: 06 Jan 2012 04:45 PM PST Reuters - A hot air balloon burst into flames and crashed in New Zealand on Saturday, killing all 11 people on board in the country's worst air accident in more than three decades.

Claim and Counterclaim: Who Is Bombing Damascus? (Time.com) Posted: 06 Jan 2012 01:25 PM PST Time.com - The regime says terrorists are behind the attacks (and by extension the protests); the opposition claims the incidents are staged by the government

Treasurys rise as Europe woes outweigh jobs report (AP) Posted: 06 Jan 2012 01:51 PM PST AP - U.S. government debt prices inched up Friday as worries over Europe's debt crisis drove traders into the Treasury market.

Bombing in Syrian capital of Damascus kills 25 (AP) Posted: 06 Jan 2012 03:18 PM PST AP - A bomb exploded Friday at a busy Damascus intersection, killing 25 people and wounding dozens in the second major attack in the Syrian capital in as many weeks, officials said, vowing to respond to further security threats with an "iron fist."

Mexico nabs key suspect in arson that killed 52 (AP) Posted: 06 Jan 2012 02:59 PM PST AP - Police in Mexico captured an alleged member of the Zetas drug cartel considered the mastermind behind a casino fire that killed 52 people in the northern city of Monterrey, authorities said Friday.

Libya's Belhaj won't join UK's torture inquiry (AP) Posted: 06 Jan 2012 01:30 PM PST AP - Lawyers for a prominent ex-Libyan rebel who is suing Britain over its alleged role in his 2004 rendition said Friday he has withdrawn his cooperation for a UK government commissioned inquiry into abuses during its pursuit of terrorism suspects.

11 dead after hot air balloon crash in New Zealand (AP) Posted: 06 Jan 2012 03:29 PM PST AP - A hot air balloon crashed and killed all 11 people aboard near a rural New Zealand town some 94 miles (150 kilometers) north of the capital, Wellington, officials said Saturday.

17,500 jobs added in December, but jobless rate up (Reuters) Posted: 06 Jan 2012 09:11 AM PST Reuters - Canada gained 17,500 jobs in December, but the jobless rate rose and the new positions were all part time, further evidence its post-recession hiring surge has ended even as U.S. jobs growth finally picks up the pace.

East Timor Mulls Politics of Teaching Portuguese in School (Time.com) Posted: 06 Jan 2012 03:15 AM PST Time.com - East Timor, the world's second youngest country, faces a unique challenge: few of its teachers speak the country's legal lingua franca, Portuguese. So what should schools teach?

Despite convictions, UK's Stephen Lawrence case still not fully resolved (The Christian Science Monitor) Posted: 05 Jan 2012 12:32 PM PST The Christian Science Monitor - A controversial racist murder case was wrapped up in court after almost two decades yesterday. But today, the case seems far from over. The sentences of the two found guilty of Stephen Lawrence's death are being reevaluated, and new information has emerged that could help police track down three more suspects.

Why Hungary's New Constitution Could Be Bad for Europe (Time.com) Posted: 06 Jan 2012 01:25 PM PST Time.com - Sparking protests and bringing together bickering opposition parties, Hungary's new constitution also threatens the country's economy and its place in the European Union

Conflicting signals on reform in Burma (Myanmar) (The Christian Science Monitor) Posted: 05 Jan 2012 11:45 AM PST The Christian Science Monitor - Burma's opposition leader Aung San Suu Kyi says she believes that her country will hold full democratic elections in her lifetime, a good sign for the country, which has long been notorious for its oppressive military rule.

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