Vatican bank’s head to quit as shake-up bites, sources say
VATICAN CITY (Reuters) – The Vatican bank’s chairman is to step down as soon as next week as part of the restructuring of an institution that has been an embarrassment to the Catholic Church for decades, Vatican sources said on Tuesday.
How Boko Haram is beating U.S. efforts to choke its financing
WASHINGTON (Reuters) – When Washington imposed sanctions in June 2012 on Boko Haram leader Abubakar Shekau, he dismissed it as an empty gesture.
Top Philippine court deals blow to president, throws out fund
MANILA (Reuters) – The Philippine Supreme Court threw out as unconstitutional a fund overseen by President Benigno Aquino to stimulate the economy, dealing a setback to his bid to portray himself as a champion of the fight against corruption.
Turkey’s Erdogan positions himself for more powerful presidential role
ANKARA (Reuters) – Tayyip Erdogan declared his candidacy on Tuesday for a more powerful presidency which rivals fear may entrench authoritarian rule and supporters, especially conservative Muslims, see as the crowning prize in his drive to reshape NATO…
Nigeria arrests businessman in connection with girls’ abductions
MAIDUGURI Nigeria (Reuters) – Nigerian troops have arrested a businessman suspected of being at the head of a Boko Haram intelligence network that helped plan the abduction of more than 200 school girls in the northeast, the military said on Tuesday.
Truck by truck, Israel builds trade gateway to Arab world
HAIFA Israel (Reuters) – The hydraulic ramp of a Turkish freighter taps down on the eastern Mediterranean port of Haifa and, under a full moon, 37 trucks roll off onto an otherwise empty pier.
China’s Xi heads to Seoul with North Korea on his mind
SEOUL (Reuters) – The president of China, North Korea’s only major ally, visits South Korea this week where the leaders of the two countries are expected to call on Pyongyang to end its pursuit of nuclear weapons, although Beijing will make sure it is …
New Zealand wants Malaysia to act against diplomat over sex charge
WELLINGTON (Reuters) – New Zealand pressed the Malaysian government on Tuesday to take action against a diplomat who claimed immunity and left the country after being charged with committing a sexual assault in the capital, Wellington, in May.
Conflict minerals law starts working despite poor industry response
LONDON (Reuters) – A U.S. law on conflict minerals is curbing African warlords’ presence around mines in Congo, campaigners say, but its full impact remains unclear, with most firms failing to pinpoint the origin of their metals by a June deadline.
Israel bombs Gaza sites hours after bodies of Israeli teens found
GAZA (Reuters) – Israeli aircraft bombed dozens of sites in the Gaza Strip on Tuesday, the military said, and troops opened fire and killed a Palestinian during an arrest raid in the occupied West Bank, Palestinian medics said.
