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Israel sees Iranian hand in Syria killings

Israeli Prime Minister Benjamin Netanyahu on Sunday voiced “revulsion” over the bloodshed in Syria, while accusing Iran and its Lebanese militia ally Hezbollah of being accomplices.

He was “revolted was by the incessant massacres conducted bySyrian President Bashar Assad’s forces against … civilians … which continued over the weekend in the town of Houla,” the premier’s office said.

“Iran and Hezbollah are an inseparable part of the Syrian atrocities, and the world needs to act against them too,” Netanyahu was quoted as saying.

At least 92 people, more than a third of them children, were killed in the central Syrian town of Houla on Friday and Saturday, provoking international outrage.

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Syria: Russia refuses to change stance despite William Hague’s efforts

Sergei Lavrov, Russia’s foreign minister, insisted that “both sides” inSyria’s conflict were responsible for the deaths of at least 108 people in the town on Friday, and that Russia was not interested in trying to remove Bashar al-Assad from power.

Mr Hague had expressed hope on Sunday that he could persuade the Kremlin to lean on the Syrian president – whose forces are suspected of committing the massacre – to curtail the spiralling violence.

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Houla massacre: US military warns Syria as pressure builds on Obama

The US’s top military officer has warned Syria it could face armed intervention as international outrage grows over the massacre of women and children by tanks and artillery in Houla.

General Martin Dempsey, the chairman of the joint chiefs of staff, said that following the UN security council’s condemnation of the slaughter – in which more than 100 people were killed, many of them children – there needed to be increased diplomatic pressure on Damascus. But he added that the US would be prepared to act militarily if it was “asked to do so

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Greece to Leave Euro Zone on June 18: Wealth Manager, Op-Ed

Greece will leave the euro zone on June 18 if the populist government wins the country’s elections on the 17 as the rest of the euro zone rounds on “cheaters,” Nick Dewhirst, director at wealth management firm Integral Asset Management, told CNBC.com Monday.

“The euro zone is a club but you get cheaters who get away with it until everyone finds out and at that point you need to remove them otherwise everyone will cheat. It’s better for Greece to leave,” Dewhirst said.

He added that Greek society was built on cheating and scheming, saying “everyone does it” but that voters elsewhere in the euro zone were now calling Greece to account.

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Spain Delays And Prays That Zombies Repay Debt: Mortgages

Spanish banks are masking their full exposure to soured property loans while they continue to prop up insolvent “zombie” developers, leading to credit-rating downgrades and plummeting share prices.

Spain is trying to clean up its banks, requiring lenders to set aside more for possible losses on loans deemed performing to developers like Metrovacesa SA (MVC), which hasn’t completed a project in more than a year and has none under way. While that represents about 30 billion euros ($38 billion) of increased provisions, it’s not enough because many of the loans said to be performing aren’t, said Mikel Echavarren, chairman of Irea, a Madrid-based finance companyspecializing in real estate.

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Portugal Municipalities To Get 1 Billion Euros For Debt

Portugal’s government will approve a 1 billion-euro ($1.3 billion) credit line to municipalities to help them repay short-term debt to suppliers, said Miguel Relvas, the country’s minister for parliamentary affairs.

“The credit line, with a total value of 1 billion euros, aims to inject money into the local economy,” Relvas said at a news conference in Lisbon today after meeting the president of the country’s association of municipalities, Fernando Ruas.

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Futures Up On Greece Hopes

NEW YORK (MarketWatch)—U.S. stock-index futures climbed Monday as Greece’s pro-austerity party topped polls ahead of June elections, raising hopes the country can adopt measures needed to stay in the euro.

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VFW Seeks Apology After MSNBC Host’s ‘Reprehensible and Disgusting’ Comments

Over the weekend, MSNBC host Chris Hayes told his viewers that he’s “uncomfortable” with calling “war dead and the fallen … ‘heroes.'” Now, the Veterans of Foreign Wars group have responded by saying that Hayes’s comments “are reprehensible and disgusting” and are asking for the MSNBC host to apologize.

“Chris Hayes’ recent remarks on MSNBC regarding our fallen service members are reprehensible and disgusting,” Richard DeNoyer, a VFW official, told Fox News in a statement. “His words reflect his obvious disregard for the service and sacrifice of the men and women who have paid the ultimate price while defending our nation. His insipid statement is particularly callous because it comes at a time when our entire nation pauses to reflect and honor the memory of our nations’ fallen heroes.”

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Iraq Stock Exchange Seeks Broader Investor, Add Liquidity

The Iraqi bourse is asking local companies to list shares and depositary receipts in London andNew York to attract investors and increase volumes, the bourse’s chief executive officer said.

“We are encouraging our companies” to list on the London Stock Exchange (LSE) or the Nasdaq Stock Market “to allow shareholders to turn some of their shares into global depositary receipts or American depositary receipts,” CEO Taha Ahmed Abdul Salam al-Rubaye said in Baghdad yesterday. Exchange officials held meetings with Bank of New York Mellon regarding ADRs, he said.

The Iraq Stock Exchange (BBOB) General Index has tumbled 21 percent since reaching the highest in at least two years on Oct. 4. It was little changed today at 116.20. There are 86 listed companies on the exchange, from industries including banking, agriculture, tourism and insurance. Financial companies made up 70 percent of the bourse’s $4 billion market value at the end of 2011, al-Rubaye said.

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Powerful “Flame” cyber weapon found in Iran

(Reuters) – Security experts have discovered a highly sophisticated computer virus in Iran and the Middle East that they believe was deployed at least five years ago to engage in state-sponsored cyber espionage.

Evidence suggest that the virus, dubbed Flame, may have been built on behalf of the same nation or nations that commissioned the Stuxnet worm that attacked Iran’s nuclear program in 2010, according to Kaspersky Lab, the Russian cyber security software maker that claimed responsibility for discovering the virus.

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Bieber Attacks A Photographer

This is just plain stupid, and so is “Beiber Fever”

Teen idol Justin Bieber is wanted for questioning by Los Angeles County Sheriff’s investigators –  after a paparazzo complained of being roughed up by the young pop star at a shopping center.

The scuffle allegedly happened when the photographer tried to snap pictures of the 18-year-old and his girlfriend Selena Gomez, after they walked out of a theater at The Commons at Calabasas today.

Sheriff Lt. Robert Wiard says the photographer in question called 911 on Sunday and complained of pain to his chest.

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Moscow police detain 40 as gays push for parade

MOSCOW (AP) — Gay activists tried to stage two demonstrations in Moscow on Sunday to demand the right to hold a gay pride parade in the Russian capital, but they were blocked first by Orthodox Christian opponents and then by police, who detained a total of about 40 people from both sides.

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Biden tells West Point cadets: prepare for new threats

(Reuters) – Most of the cadets who graduated on Saturday from West Point were in elementary school when hijacked planes hit the World Trade Center and Pentagon on September 11, 2001, and enrolled in the U.S. military academy with wars raging in Iraq andAfghanistan.

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African monkey meat that could be behind the next HIV

Deep in the rainforest of south-east Cameroon, the voices of the men rang through the trees. “Where are the white people?” they shouted. The men, who begin to surround us, are poachers, who make their money from the illegal slaughter of gorillas and chimpanzees. They disperse but make it known that they are not keen for their activities to be reported; the trade they ply could not only wipe out critically endangered species but, scientists are now warning, could also create the next pandemic of a deadly virus in humans.

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