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Turkey raises Syria military option

ISTANBUL/MOSCOW (Reuters) – Turkey Tuesday raised the option of military intervention in neighboring Syria while Russiarejected even an arms embargo as Damascus tries to stifle anti-government protests. Highlighting divisions among foreign powers on how to deal with the bloodshed in Syria, Turkey’s foreign minister said Ankara was ready for “any scenario.” Russia’s foreign minister for his part said it was time to stop issuing ultimatums to Damascus. Syria is facing increased economic… Read more →

Eurozone ministers meet amid fears of euro breakup

BRUSSELS (AP) — The 17 finance ministers of the countries that use the euro converged on EU headquarters Tuesday in a desperate bid to save their currency — and to protect Europe, the United States, Asia and the rest of the global economy from a debt-induced financial tsunami. The ministers were discussing ideas that would have been taboo only recently, before things… Read more →

Israel claims rocket attack from Lebanon

At least three rockets were allegedly fired from Lebanon into northern Israel Monday, and Israeli Defense Forces returned fire, according to several reports. Although there were no reported casualties on either side, the event is a dangerous reminder of the costly and deadly 34-day conflict in 2006 that saw Israel pitted against Iranian- and Syrian-backed Hezbollah forces in Lebanon. The rockets from… Read more →

The Debt Election

There will be no downgrades as a result of the supercommittee’s long-expected failure and likely none for the next year as a fickle American electorate decides whether it is going back into the arms of the Obama Democrats or will stay on the run with the GOP. The message from Fitch Ratings on Monday: Have your election, make up your mind… Read more →

Ecuador urges villages near the Tungurahua volcano to evacuate

QUITO, ECUADOR (BNO NEWS) — Authorities in the South American nation of Ecuador on Monday afternoon urged residents near the Tungurahua volcano to evacuate after a rapid increase of volcanic activity. Ecuador’s Geophysical Institute of the National Technology School said the Tungurahua volcano had three pyroclastic boulder flows toward the south at around 7:35 a.m. local time on Monday. Its loud… Read more →

Iranian protesters storm British embassy

(Reuters) – Iranian protesters stormed two British Embassy compounds in Tehran Tuesday, smashing windows, hurling petrol bombs and burning the British flag in a protest against sanctions imposed by Britain, live Iranian television showed. Iran’s semi-official Mehr news agency said protesters took six British diplomatic staff hostage from an embassy compound in the north of the city but it withdrew the… Read more →