How Syria's Islamists govern with guile and guns
RAQQA, Syria - Using a mix of intimidation and organization, alliances of Islamist brigades are filling the vacuum in areas where Assad's army has withdrawn and more secular rebels have failed to provide order. They administer utilities, run bakeries and in one town operate a hydroelectric dam. They are also setting up courts and imposing punishments on those judged transgressors. Full Article
End to Fed stimulus, China slowdown rattles swathe of world investments
LONDON - The U.S. Federal Reserve's explicit signal it will stop pumping money into the world economy and data showing China's economy slowing down swept across financial markets on Thursday, sinking bonds, shares and commodities alike.
- Afghan peace bid stumbles on Kabul-Taliban protocol row
- Airbus wins firm orders worth $39.3 billion at show
- Sony to consider Third Point's proposal: Sony CEO Hirai
- Euro zone business slump eases but second quarter contraction likely: PMI
- Lawmaker, university spar over 'control' of Chinese dissident in U.S.
- SandRidge ousts CEO Ward, Bennett takes the helm
Who wants to bet on the 'Nicaragua Canal'?
MANAGUA/PANAMA CITY - For centuries since the colonization of the New World, entrepreneurs have dreamed of building a canal spanning Nicaragua to make it easier to tap Asia's riches. Now it's the turn of the Chinese. And skepticism is as strong as ever. Full Article
Constitution likely to dash Suu Kyi's hopes
YANGON - Her adoring compatriots believe democracy champion Aung San Suu Kyi is destined to become Myanmar's next president. But don't bet on it. Full Article
Obama seeks deeper nuclear cuts from Russia
BERLIN - U.S. President Barack Obama used a speech in Berlin on Wednesday to call on Russia to revive the push for a world without nuclear weapons, offering to cut deployed nuclear arsenals by a third, but Moscow immediately poured scorn on his proposal. Full Article
Euro ministers to decide direct bank rules
BRUSSELS - Euro zone finance ministers will decide on Thursday when and how their bailout fund can invest in a bank to save it from failure, laying a cornerstone of the banking union seen as vital to restore economic growth. Full Article
India sets up system to tap phone calls, e-mail
NEW DELHI - India has launched a wide-ranging surveillance program that will give its security agencies and even income tax officials the ability to tap directly into e-mails and phone calls without oversight by courts or parliament, several sources said. Full Article
Sprint should raise Clearwire bid
NEW YORK - Sprint Nextel Corp should consider raising its offer price for Clearwire Corp or risk being saddled with a contentious relationship with Dish Network Corp, controlled by feisty billionaire Charlie Ergen. Full Article
Sopranos star James Gandolfini dies in Italy
LOS ANGELES - James Gandolfini, the burly actor best known for his Emmy-winning portrayal of a conflicted New Jersey mob boss in the groundbreaking cable TV series "The Sopranos," died while vacationing in Italy. He was 51. Full Article
Reuters Today: Ben bursts the bubble
June 20 - Ben Bernanke sends bonds and stocks skittering as the Fed clears the way to start pulling the Kool Aid from the economic party.
Latest Headlines
Meredith Whitney on America’s future
Forget the coasts. Meredith Whitney, author of the new book “Fate of the States," tells Breakingviews' Rob Cox that America’s interior states are the future growth engines of the U.S. economy. Video
The new Iranian president’s restrained power
When President Hassan Rohani takes office in August, he will have the potential to bring about meaningful changes within the confines of Iran's usual restrictions. Commentary
Rohani: A survivor in the snakepit of Tehran
Rohani is the Beria of the Islamic Republic: He knows how to negotiate the pit of vipers that is Iranian politics. Commentary
David Cameron takes on the tax havens
There is nothing more likely to spark anger than an unfair tax regime. That puts Britain's prime minister David Cameron, who like most conservatives believes in low taxes, in a bind. Commentary
Trusting in our new security state
To adapt to our new surveillance status quo we have to trust the state, the government, the politicians, the businesses, the bureaucracies, the police, the security forces, the journalists and, yes, ourselves. Commentary
The price of ignoring climate change
Climate change endangers much of the world economy. Economists calculate that a 3.5-degree Fahrenheit rise in global temperature would reduce global gross domestic product by 1 percent. Commentary
Rate rigging costs more than money
In cash terms, the manipulation of supposedly objective reference rates and prices is a petty crime: relatively small gains for a few and microscopic losses for many. Ethically, though, the tolerance of untrustworthy behaviour makes the industry look particularly bad. Full Article


















