LONDON (Reuters) – The Bank of England does not need to give more guidance on the direction of monetary policy, and suspending its inflation target could be justified only "in exceptional circumstances", a senior policymaker said on Monday. David Miles, an exter nal member of the Monetary Policy Committee, played down the need for the Bank to adopt the kind of longer-term guidance favoured by the Bank of Canada, whose governor, Mark Carney, will take the top job at the Bank in July. … The dead aren't always excused from trial
MOSCOW (AP) -- Sergei Magnitsky died more than three years ago in a Russian jail but authorities are moving to put him on trial in a Russian court. The whistle-blowing lawyer died in 2009 after being arrested on charges of tax fraud -- the same fraud in which he alleged that Interior Ministry officials had a hand. Insight: Irish banks at mercy of international paymasters
LONDON/DUBLIN (Reuters) – Ireland's banking recovery could yet be derailed by its international creditors. The European Central Bank's refusal so far to give Dublin any relief on the 30-billion euro cost of bailing out Anglo Irish Bank is a major setback for government ambitions to exit an EU-IMF bailout this year and give the euro zone its first post-crisis success story. The failure to agree a deal on Anglo Irish also overshadows the country's banks. … UK inflation expectations rise to 2.8 percent in January - Citi/YouGov
LONDON (Reuters) – Britons' expectations of the average rate of inflation for the year ahead edged up to 2.8 percent in January from 2.7 percent in December, a monthly survey by polling company YouGov showed on Monday. The poll – which is con ducted on behalf of Citi – showed that over the next five to 10 years, Britons expected inflation to average 3.4 percent, up from 3.3 percent in December. Both figures are in line with the long-run average since the survey started in 2005 but above the BoE Monetary Policy Committee's (MPC) 2 percent target, Citi said. … First Nations advocates use protests, legislation to maintain pressure on Harper
OTTAWA – First Nations advocates are hoping to keep up the pressure on the federal Conservatives, taking to the streets this morning as MPs return to the House of Commons after a six-week break.
Yemen security official says car bomb kills 11 soldiers in central Yemen
SANAA, Yemen – A Yemen security official says a car bomb exploded next to a military checkpoint in central Yemen, killing 11 soldiers.
Sept. 11 defendants won't respond to Gitmo judge
GUANTANAMO BAY NAVAL BASE, Cuba (AP) -- Two Sept. 11 defendants delayed the start of their hearing Monday at Guantanamo when they refused to respond to questions from their judge in the case.
Russian PM Medvedev says odds against Assad's political survival
Russia is gradually losing hope that Syrian strongman Bashar al-Assad can cling to power, and sees his chances fading with each passing day, former President and current Prime Minister Dmitry Medvedev says.
In flowery letter from sickbed, Venezuela's Chavez calls for regional unity
SANTIAGO (Reuters) – Hugo Chavez, Venezuela's cancer-stricken president, made his presen ce felt at a regional summit on Monday with a flowery letter from his sickbed in Cuba that was laced with literary references and calls for Latin American unity. Chavez has not been seen in public since cancer surgery in Cuba in mid-December, missing his own inauguration for a new six-year term this month and fueling uncertainty over the illness jeopardizing his 14-year rule. … Jailings may have spurred Turkish commander to quit
ANKARA (Reuters) – Turkey’s number-two naval commander retired on Monday in what some took as proof of deepening frustration in the military high command over the jailing of hundreds of their colleagues. Prime Minister Tayyip Erdogan’s administration has detained several hundred serving and retired officers over the past few years, including one fifth of Turkey’s military generals, on charges of conspiring to overthrow the government. …
Dispute over military command holds up Congo peace deal
ADDIS ABABA (Reuters) – African leaders failed on Monday to sign a U. N.-mediated peace deal aimed at ending two decades of conflict in eastern Congo, said a senior Congolese diplomat, who pointed to concerns over who would command a new regional military force. The agreement was to include the deployment of several thousand extra soldiers to tackle armed militias in the mineral-rich east. The brigade would fight under the banner of the U.N.'s MONUSCO peacekeeping force. … 
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