MADRID (Reuters) – Four members of a major Mexican drug-trafficking cartel have been arrested in Madrid, Spain's Interior Ministry said on Friday, including the cousin of Mexico's most wanted man. The Sinaloa Cartel, one of the biggest criminal organizations in the world, was trying to set up a European operation based in Spain, the ministry said in a statement. "Our country was going to be used as a point of entry for large shipments of narcotics," it said. One of the four Mexican men arrested was named as Jesus Gutierrez Guzman, a cousin of Joaquin "Shorty" Guzman, the head of the cartel. … New US sanctions on the Assad regime, Hezbollah
The Obama administration set new, largely symbolic, sanctions Friday on Syria's state-run oil company and the Hezbollah militant group, moves designed to underscore Iran's key role in propping up the Syrian regime over the span of its civil war. Egypt beefs up troops in Sinai to quell Islamists
The Egyptian army massed troops and carried out arrests on Friday to quell increasingly deadly Islamist militants in the Sinai Peninsula close to the borders with Gaza and Israel. Indian minister says bureaucrats 'can steal a little'
A provincial minister in India's most populous state has sparked a scandal after suggesting to bureaucrats that they could "steal a little" if they performed well in their duties. Britain take field hockey bronze for best finish in 20 years
Great Britain, inspired by skipper Kate Walsh who broke her jaw just a week ago, beat New Zealand 3-1 on Friday to earn an Olympic bronze medal, something they last achieved 20 years ago in Barcelona. Oil falls on China slowing, weaker IEA demand forecast
NEW YORK (Reuters) – Oil prices fell on Friday on data showing China's total exports grew less than forecast and its crude oil imports fell in July, and on weaker global oil demand forecasts from the International Energy Agency. Those reports added to concerns about demand for oil going forward and countered supportive hopes or expectations that central banks will introduce more stimulus measures aimed at lifting global economic growth. Brent and U.S. crude remained on track to post their second straight weekly gains, with Brent on track for a weekly rise of nearly 4 percent and U.S. … Timber trade threatens Russia protest leader
MOSCOW/KIROV, Russia (Reuters) – The timber industry in the vast forests of Russia's Kirov region, far from prying eyes in Moscow, has long been easy prey for unscrupulous businessmen. Locals say it is so murky that the country's most charismatic opposition leader Alexei Navalny will have a hard time fending off charges levied last week of stealing wood from a state company while advising the governor there in 2009. … After 2 weeks of exuberance and emotion, Olympics bow out with mother-of-all-party weekends
a weekend of gold-medal parties and a pop-tastic closing ceremony.
LSU's Tyrann Mathieu kicked off team for violating rules
BATON ROUGE, La. – LSU has dismissed Heisman Trophy finalist Tyrann Mathieu from its football program for violating school and team rules.
Cambodian prince quits politics for second time
Cambodian Prince Norodom Ranariddh on Friday announced that he was quitting politics for a second time after he was perceived as an obstacle to a merger between royalist parties. SKorean leader visits island, draws Japan protest
South Korea's president on Friday made a surprise, election-year visit to islets also claimed by Japan, which quickly reasserted its sovereignty there, recalled its ambassador from Seoul and warned that the trip would worsen the countries' strained relations. Manchester United shares flat after cut-price IPO
Manchester United shares barely treaded water in debut trade in New York Friday even after underwriters slashed the IPO price amid doubts about the legendary British football club's financial promise. Rangers duo McCoist and Green face SFA charges
Rangers manager Ally McCoist and chief executive Charles Green were hit with notices of complaint by the Scottish Football Association on Friday after controversial comments made during the Scottish club's financial meltdown. Afghan-Pakistan talks on Taliban releases: Islamabad
Pakistan and Afghanistan are in talks on the release of a key member of the Taliban, whose 2010 arrest in Pakistan was blamed for sabotaging peace initiatives, a Pakistani foreign ministry official confirmed Friday. N. Korea Red Cross rejects talks with South
North Korea's Red Cross on Friday rejected a proposal by its South Korean counterpart for talks aimed at restarting reunions for families separated since the Korean War, according to the North's state media. Campbell seeks Britain's second boxing gold
Luke Campbell said Friday he's relishing his chance to win Britain's second London 2012 boxing gold when he takes on Ireland's John Joe Nevin in the bantamweight final. Huge Pumice 'Island' Floats in Pacific
An "island" of floating pumice rocks bigger in area than Israel has been spotted in the South Pacific, New Zealand's Royal Navy said. Syrian rebels low on guns as regime strikes Aleppo
Syrian rebels were running low on ammunition and guns Friday as government forces tried to consolidate their control over Aleppo, the country's largest city, which has been a deadly battleground for more than two weeks. Afghan police officer kills 3 US Marines
An Afghan police officer shot and killed three U.S. Marines after sharing a meal with them before dawn Friday and then fled into the desolate darkness of southern Afghanistan, the third attack on coalition forces by their Afghan counterparts in a week.
New Japan anti-nuclear rally
Hundreds of protesters staged a weekly anti-nuclear rally outside Japanese Prime Minister Yoshihiko Noda's residence Friday despite the approach of a summer break and soaring temperatures. 
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