LISBON (Reuters) – German Chancellor Angela Merkel said on Sunday Portugal has fully met all the goals it set in its 78-billion-euro bailout, adding the Iberian country does not need new financial h elp. "Portugal is meeting the commitments it has taken on very well," Merkel told Portuguese broadcaster RTP, a day before making a trip to Lisbon. When asked if Portugal needs a new bailout, as some economists have argued, Merkel said: "I don't have this view. … USGS: 6.2-magnitude earthquake strikes off Guatemala's coast; days after major quake
GUATEMALA CITY – A 6.2-magnitude earthquake has shaken Guatemala’s Pacific coast, four days after a major quake killed dozens in the Central American country.
Assad opponents agree to unite
DOHA (Reuters) – Syria's fractious opposition finally put aside fierce arguments on Sunday to rally behind a new leader within a new coalition that its Western and Arab backers hope can topple Bashar al-Assad and take over the cou ntry. After days of wrangling in Qatar under constant cajoling by exasperated Arab, U.S. and other officials, representatives of groups including rebel fighters, veteran dissidents and ethnic and religious minorities agreed to join a new assembly that can form a government-in-exile. … Syrian opposition agrees deal, chooses preacher as leader
DOHA (Reuters) – Syrian opposition leaders struck a hard-won deal on Sunday under intense international pressure to form a broad, new coalition to overthrow President Bashar al-Assad and chose a popular Islamist activist to head the body. Mouaz al-Khatib, a former imam at the famous Umayyad mosque in Damascus, was voted as president. Riad Seif, who proposed the initiative to form the new group, and female activist Suhair al-Atassi were chosen as deputies. …
Egypt to probe former army head, officials over court budget
CAIRO (Reuters) – Egypt’s public prosecutor is investigating a case over court spending brought against the head of the army council that ruled the country until five months ago, a state newspaper reported on Sunday. An army council headed by Mohamed Hussein Tantawi ruled Egypt from the overthrow of Hosni Mubarak in February 2011 until an elected president took office in June this year. Al-Ahram reported that the public prosecutor would investigate a case brought against Tantawi over spending by the supreme constitutional court. …
Rugby-Scotland's Rennie suffers dislocated shoulder
EDINBURGH, Nov 11 (Reuters) – Scotland flanker Ross Rennie is doubtful for the remainder of the November internationals after dislocating his shoulder in the 51-22 defeat by world champions New Zealand on Sunday, coach Andy Robinson said. Rennie suffered the injury in the move that led to the first New Zealand try on 17 minutes. He was replaced by David Denton. Scotland play South Africa at Murrayfield on Saturday and host Tonga in Aberdeen on Nov. 24. (Editing by Ed Osmond)
Exxon's PNG LNG project cost balloon to $19 billion
SYDNEY (Reuters) – Exxon Mobil said the cost of its gas export project in Papua New Guinea will soar to $19 billion from $15.7 billion due to foreign exchange impacts and delays from work stoppages and land access issues. Exxon told venture partners in a letter published on Monday the PNG Liquified Natural Gas (LNG) project remains on schedule for start-up and delivery of the first LNG in 2014. The plant’s forecast capacity has been increased by 5 percent to 6.9 million tonnes per year, Exxon said. …
Former Slovenia PM sweeps to first round presidential poll win
LJUBLJANA (Reuters) – Slovenia’s former center-left Prime Minister Borut Pahor won the first round of a presidential election on Sunday and will face the incumbent Danilo Turk on December 2, the Electoral Commission said. The election for the largely ceremonial post is being held as the recession-hit country struggles to stave off a bailout and plug the gap in its public finances, with a budget deficit of 4.2 percent of gross domestic product expected this year. “It seems very likely that Pahor will win in the second round. …
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