By Politico , POLITICO – TOP Full Stories You've heard them on television and read them on POLITICO — cheerful, defiant statements from Republican political professionals about Mitt Romney's bold masterstroke in tapping Paul Ryan as his running mate, … Friends, foes agree Ryan is smart, likable, but common ground ends when it ... - Washington Post
Analysis: Oil price inflates as speculators bet on stimulus
LONDON (Reuters) – Oil prices are racing higher as investors bet that central bank cash will soon boost a market afraid of Middle East war and worried about North Sea supplies, but the rally looks increasingly inflated by speculative guesswork. Oil is up almost a third in six weeks at a time when the world economy, and hence fuel demand, are extremely weak. Today's oil price assumes the U.S. … Olympic effect hits British airport traffic in July
Spanish-owned airports operator BAA said Tuesday that passenger traffic at Britain's main airports fell last month as many Britons stayed at home in order to watch the London 2012 Olympic Games. Pope's butler, 2nd man face trial in theft case - Dubuque Telegraph Herald
Once-trusted aide and another lay employee are accused of taking papers and a $125000 check from pope's private apartment. Pope Benedict XVI appears at the Vatican May 2 with his butler, Paolo Gabriele (bottom), and his personal secretary, … Wreckage of two Ugandan army helicopters found - AFP
Greece raises money to pay off bond next week
Greece’s debt management agency says it has raised EUR4.06 billion ($5.01 billion) in an auction of short-term debt, money it will use to repay a bond next week.
Glimpse into underground sect that shocked Russia
Authorities spoke of a creepy cult living in an "eight-level ant house" dug deep into the ground, where children were kept in unheated cells and starved of daylight. A visit to the compound suggests a more ordinary reality. 5 Things the Muslim Brotherhood's 'Countercoup' Tells Us About Egypt - TIME
By Tony Karon | @tonykaron | August 14, 2012 | + Amr Nabil / AP Thousands of supporters raise a poster of Egypt's Islamist President Mohamed Morsy as they celebrate in Tahrir Square, birthplace of the uprising that ousted Hosni Mubarak 18 months ago, … Afghanistan-Pakistan border fighting erupts in Kunar - BBC News
There is heavy fighting between Afghan and Pakistani forces in the eastern Afghan province of Kunar, which borders Pakistan, Afghan officials say. Fighting started at around 0400 (0030 GMT) following an attack on a border police commander's convoy, … Syria crisis - live updates - The Guardian (blog)
Syrians queue to buy bread from a bakery run by the Free Syrian Army in the northern city of Aleppo. Photograph: PHIL MOORE/AFP/Getty Images United Nations emergency relief coordinator Valerie Amos has arrived in Syria on Tuesday at the start of a … Japan, North Korean officials to meet for first time in four years - Reuters
| TOKYO Aug 14 (Reuters) – Diplomats from Japan and North Korea will meet for the first time in four yours later this month for talks that could touch on the contentious issue of the North's abduction of Japanese citizens decades ago, Japan said on … Israeli speculation over Iran strike reaches fever pitch - The Guardian (blog)
In the past few days, the Israeli public has been hit by a blizzard of speculative articles suggesting a military strike against Iran's nuclear sites is imminent. The talk is now of a timetable of weeks, rather than months and some observers believe … Norway Tabloid Demands Premier Resign Over Terror Response - Bloomberg
Prime Minister Jens Stoltenberg should resign to take responsibility for his failure to prevent the bombing of his office last year that killed eight people, Verdens Gang, Norway's largest tabloid newspaper, said. The July 22 Commission, … Officials from Islamic nations vote to suspend Syria from group - CNN
(CNN) — Foreign ministers of Islamic countries have agreed to suspend Syria from the Organization of Islamic Cooperation, ahead of the group's two-day emergency summit this week. The Syrian civil war is one of the main items on the agenda, … Magnitude 7.7 Pacific quake causes no damage - USA TODAY
TOKYO (AP) - A magnitude 7.7 earthquake that hit waters off Russia's Pacific island of Sakhalin on Tuesday inflicted no casualties or damage, Russian officials said. The Russian Emergency Situations Ministry's branch on Sakhalin said the quake was … Euro economy shrinks 0.2 percent in Q2
Europe edged closer to recession Tuesday after official figures showed the region's output shrank 0.2 percent in the second quarter of the year. StanChart CEO takes charge of Iran probe talks
LONDON/NEW YORK (Reuters) – Standard Chartered's Chief Executive Peter Sands has flown to New York to take personal control of the bank's attempts to reach a settlement with U.S. regulators over allegations it hid transactions involving Iran. Sands is also ready to attend a hearing set for Wednesday at which the London-based bank has been told by the New York banking regulator that it must demonstrate why its state banking license should not be revoked over the transactions. … Inflation rises unexpectedly
LONDON (Reuters) – Inflation unexpectedly rose in July, damaging hopes that easing price pressures would allow Britons to help the recession-hit economy with higher spending, but leaving expectations for more central bank stimulus intact for now. Consumer price inflation inched up to 2.6 percent from 2.4 percent in June as prices for airfares soared and clothing retailers reined in seasonal discounts, the Office for National Statistics said on Tuesday, confounding economists' forecasts for a fall and posting the first rise since March. … OLRTXT REAL RET MCE ECI PLCY WEU GB INFL NEWS BOE CEN;GBHICM=ECI GBHICY=ECI GBRPI=ECI GBRPIM=ECI GBRPIX=ECI GBRPIY=ECI
Inflation rises unexpectedly LONDON (Reuters) – Inflation unexpectedly rose in July, damaging hopes that easing price pressures would allow Britons to help the recession-hit economy with higher spending, but leaving expectations for more central bank stimulus intact for now. Consumer price inflation inched up to 2.6 percent from 2.4 percent in June as prices for airfares soared and clothing retailers reined in seasonal discounts, the Office for National Statistics said on Tuesday, confounding economists’ forecasts for a fall and posting the first rise since March. …
German investor optimism drops unexpectedly
A key measure of German investor confidence has fallen unexpectedly to its lowest level this year amid worries that Germany's economy will cool off as Europe's financial crisis continues. World stocks up as traders look ahead to US data
World stock markets edged higher in thin trading Tuesday, as investors awaited economic data from the U.S. while maintaining a positive mood in anticipation of action by central banks to shore up the global recovery. 
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