Asian shares edge up, Fed views hurt some markets
U.S. Federal Reserve Chair Janet Yellen indicated on Friday that it was poised to raise rates this year if the economy keeps improving as expected, though a raft of recent data has suggested it is growing only modestly in the second quarer. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.3 percent, off earlier lows as shares in China rallied after Beijing said it is seeking private funding for over $300 billion worth of public projects. The National Development & Reform Commission on Monday unveiled the list of 1,043 public-private partnership (PPP) projects on its website, in the latest effort by the government to reinvigorate China's flagging economy.
Blatter must go, says Platini ahead of FIFA election
UEFA president Michel Platini has thrown his weight behind Jordan's Prince Ali bin al Hussein in his bid to unseat Sepp Blatter as the head of football's world governing body FIFA. In an interview on Monday with L'Equipe newspaper, the French midfield legend turned football administrator said that Blatter had lied to him four years ago when saying that his current fourth mandate would be his last. "He asked us face to face to support him for what would be his last mandate," said Platini, a former ally of Blatter who has increasingly turned against the Swiss chief.
Tunisian soldier shot dead after opening fire on colleagues and killing one: sourcesA Tunisian soldier opened fire on colleagues at a military base in the capital Tunis on Monday, killing a colonel and wounding eight other soldiers before he was shot dead himself, an army spokesman and a security source said. It was not immediately clear what had triggered the shooting at the Bouchoucha base in Tunis, but it caused alarm in a capital city still on edge after an attack in March by Islamist gunmen on the Bardo national museum.
Israel ex-PM Olmert gets 8 months for corruption
Former Israeli prime minister Ehud Olmert was sentenced to eight months in prison for corruption on Monday, the latest legal blow in a spectacular fall from grace. Lawyers for Olmert, who served as premier from 2006 to 2009, crowning a political career spanning decades, immediately announced they would appeal. The Jerusalem district court convicted Olmert of fraud and corruption in March following a retrial over allegations that he had received envelopes of cash from a US businessman while trade and industry minister in the early 2000s.
Protester leaves Shell ship north of Seattle; 1 remains
SEATTLE (AP) ? One of two protesters who affixed themselves to an Arctic oil-drilling support ship parked north of Seattle left the vessel Sunday, but the other remained suspended from its anchor chain in an effort to draw attention to climate change and the risks an oil spill could pose in the remote waters off northwestern Alaska.
Gunfire heard near mosque, military base in Tunisian capitalTUNIS (Reuters) - Gunfire erupted near a mosque and military base in the Tunisian capital Tunis on Monday, and a nearby school was evacuated, state news agency TAP and a security official said. Details of the incident were still unclear, but Tunisian security forces have been on alert since an attack in March on the Bardo national museum where Islamist gunmen killed a group of foreign tourists.
Bomb squad in Washington destroys pressure cooker
Bomb disposal experts destroyed a pressure cooker that had been left unattended in a car in the US capital on Sunday, authorities said. Lieutenant Kimberly Schneider of the US Capitol Police Department told US media that officers spotted the unoccupied car on the National Mall near the Capitol building. Local news footage showed a bomb squad robot approaching the vehicle and a short time later, the pressure cooker was destroyed in a controlled explosion.
More than 430 dead in India heatwave
More than 430 people have died in two Indian states from a days-long heatwave that has seen temperatures nudging 50 degrees Celsius (122 degrees Fahrenheit), officials said Monday. Officials warned the toll was almost certain to rise, with figures still being collected in some parts of the hard-hit Telangana state in the south of the country, and with no end in sight to the searing conditions. Large parts of India, including national capital New Delhi, have endured days of sweltering heat, prompting fears of power cuts.
Flooding in Texas and Oklahoma leaves at least three dead
Flash flooding from record rains in Texas and Oklahoma left at least three people dead and destroyed hundreds of homes, authorities said Sunday, warning of more wild weather to come. In the Texan city of San Marcos, residents were ordered to evacuate their homes in the early morning as flood waters rose menacingly around them, following torrential rain that turned normally bone-dry streets into meandering rivers. As many as 400 homes in the surrounding area had been destroyed, authorities said, and San Marcos opened temporary shelters to host residents who could not return home.
Defense chief's criticism of Iraqis raises policy questions
WASHINGTON (AP) ? The Islamic State group's takeover of the Iraqi provincial capital Ramadi has prompted criticism from Defense Secretary Ash Carter and raised new questions about the Obama administration's strategy to defeat the extremist group.