LONDON (Reuters) – Goldman Sachs has promoted Gregg Lemkau to jointly head its global mergers and acquisitions (M&A) team and Gilberto Pozzi to lead its M&A coverage in Europe, the Middle East and Africa (EMEA). Lemkau, head of M&A for EMEA and A sia Pacific, will work alongside Gene Sykes who has been sole head of the division since Yoel Zaoui's departure last year, a spokeswoman said, confirming the contents of memos seen by Reuters. … AP PHOTOS: A look back at Pope Benedict XVI
Pope Benedict XVI announced Monday that he will resign on Feb. 28. The 85-year-old pope announced his decision in Latin during a meeting of Vatican cardinals. "After having repeatedly examined my conscience before God, I have come to the certainty that my strengths due to an advanced age are no longer suited to an adequate exercise of the Petrine ministry," he told the cardinals. Benedict, the first pontiff to resign in nearly 600 years, emphasized that carrying out the duties of being pope -- the leader of more than a billion Roman Catholics worldwide -- requires "both strength of mind and body." He says he is simply too infirm to carry on. Israel gives final approval for 90 new settler homes
JERUSALEM (Reuters) – Israel gave final approval on Monday for 90 new settler homes in the occupied West Bank, driving another wedge into a rift with Washing ton ahead of a visit by U.S. President Barack Obama. The dwellings will be built in Beit El, a major Jewish settlement north of Jerusalem, and will house educational staff, the Defense Ministry said. Prime Minister Benjamin Netanyahu has pledged that 300 new homes will eventually be erected in Beit El, where 30 settler families were evicted last June after the Supreme Court ruled they were living illegally on private Palestinian land. … Wounded Armenian candidate will not delay presidential election
YEREVAN (Reuters) – An Armenian presidential candidate who was shot last month cancelled an application to postpone next week's election, a Constitutional Court spokesman said on Monday, paving the way for the vote to be held as scheduled. Paruyr Hayrikyan, an outsider in the race which is widely expected to see current President Serzh Sarksyan win a new five-year term, was shot in the shoulder on January 31 near his home in the capital Yerevan. … AP Interview: UN envoy says Iraq must hear Sunnis
BAGHDAD (AP) -- The U.N. envoy to Iraq says the Shiite-led government can do more to address demands by the country’s restive Sunni minority.
Anglican leader learned of Pope's decision "with heavy heart"
LONDON (Reuters) – The spiritua l head of the world's Anglicans said it was with a "heavy heart" that he learned of Pope Benedict's decision on Monday to step down as pontiff, adding he fully sympathised with the decision. "It was with a heavy heart but complete understanding that we learned this morning of Pope Benedict's declaration of his decision to lay down the burden of ministry as Bishop of Rome, an office which he has held with great dignity, insight and courage," said Archbishop of Canterbury Justin Welby, leader of the global 80-million-strong Anglican Communion. … Text of pope announcement he will resign Feb. 28
VATICAN CITY (AP) -- Pope Benedict XVI announced Monday he would resign Feb. 28 because he is simply too old to carry on. Here is the text of his announcement, delivered to cardinals gathered for a ceremony to name three new saints.
Sudan, Darfur rebels sign ceasefire in Qatar: media
DOHA/KHARTOUM (Reuters) – The Sudanese government signed a Qatar-sponsored ceasefire with a splinter Darfur rebel group, Sudanese and Qatari state media said, in an attempt to revive a stalled peace process to end a decade-long conflict. The deal was signed by a group that calls itself the Justice and Equality Movement (JEM) but which is a tiny off-shoot of the main rebel group of that name. …
Syrian rebels capture country's largest dam
BEIRUT (AP) -- Syrian opposition fighters captured the country's largest dam on Monday after days of intense clashes, dealing a major blow on the battlefield to President Bashar Assad's troops nearly two years after the uprising against his rule erupted. With Benedict resigning, can Latin American claim papacy?
PARIS (Reuters) – With Pope Benedict's stunning announcement that he will resign later t his month, the time may be coming for the Roman Catholic Church to elect its first non-European leader and it could be a Latin American. The region already represents 42 percent of the world's 1.2 billion-strong Catholic population, the largest single block in the Church, compared to 25 percent in its European heartland. After the Pole John Paul and German-born Benedict, the post once reserved for Italians is now open to all. … 
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