Greece to sell herself to Putin, the questions are: "How much?" and if Russia can afford it: Tsipras to meet Putin over bailout loan as fears of Greek exit from EU mount | Greece's future in EU in doubt if talks fail, central bank warns

Greece to sell herself to Putin, the questions are: "How much?" and if Russia can afford it: Tsipras to meet Putin over bailout loan as fears of Greek exit from EU mount | Greece's future in EU in doubt if talks fail, central bank warns - World News Review

June 17, 2015

Greece's future in EU in doubt if talks fail, central bank warns
Wednesday June 17th, 2015 at 3:01 PM

ATHENS The Greek central bank warned on Wednesday that the country risked a painful exit from the euro and ultimately even the European Union if Athens and its creditors do not strike a swift aid-for-reforms deal.

A top Greek negotiator told Reuters that Prime Minister Alexis Tsipras' leftist government was ready to make unspecified concessions but he once again ruled out any cuts to pensions - a major sticking point in the negotiations.

Germany, Europe's biggest economy, maintained its line that Greece had to make significant moves to break the stalemate.

Athens has until the end of June to find a way out of the impasse before it faces a 1.6 billion euro ($1.8 billion) repayment due to the International Monetary Fund, potentially leaving it bankrupt and teetering on the edge of the euro zone.

"It won't work without Greece moving significantly," German Foreign Minister Frank-Walter Steinmeier said in Berlin.

Greek negotiator Euclid Tsakalotos confirmed that Greece does not have the money to repay the IMF and said the government would only accept a deal that was sustainable and addressed debt, financing and investment - issues the European Union has said it does not want to open at this stage.

"If you have that, then the Greek government will sign the deal," Tsakalotos said. "If it doesn't have that kind of deal there is no point in signing onto something that you know is going to fail."

Hopes that a deal might be struck on Thursday at a meeting of European finance ministers looked increasingly remote.

"People are getting anxious on both sides. Athens expects Brussels to move. And Brussels expects Athens to move. And it's stuck," said a senior EU diplomat, who declined to be named.

"It's very dangerous, and we may have an accident."

Making clear the huge stakes at play, the Greek central bank said reaching an accord was "an historical imperative" that the country could not ignore.

"Failure to reach an agreement would ... mark the beginning of a painful course that would lead initially to a Greek default and ultimately to the country's exit from the euro area and, most likely, from the European Union," the Bank of Greece said in a monetary policy report.

In a sign that the European Central Bank was still standing by Greece, the ECB raised the ceiling on its emergency lifeline to the nation's stricken banks to 84.1 billion euros from 83 billion. The ECB has been raising the ceiling in small amounts and the substantial hike of more than 1 billion euros reflected the growing strains on the banks as depositors pull money out.

The Greek central bank has said the crisis prompted an outflow of deposits totaling about 30 billion euros from Greek lenders between October and April. The outflows are continuing.

RECESSION BOUND

Elected in January on a pledge to end years of grinding austerity, Tsipras wants his European partners to re-negotiate Greece's debt mountain, but they have ruled that out for now and instead want to see a fresh round of economic reforms, including pension cuts, to help the state balance its books.

"...If we don't have an honorable compromise and an economically viable solution, we will take the responsibility to say 'no' to the continuation of a catastrophic policy," Tsipras said after meeting Austrian Chancellor Werner Faymann.

Faymann, one of the European leaders most sympathetic to Athens, flew to Greece seeking a last-ditch deal.

"I can't see a solution lying before me, but I see that if we are convinced we want one, we have a good chance," he said.

Months of uncertainty have already taken their toll. After years of recession, Greece's economy finally started to grow again last year, but it fell back into negative growth in the first quarter of 2015 and Greece's central bank predicted the slowdown would accelerate in the second quarter.

Underlining the gulf in perceptions separating Greece and its creditors, a Greek parliamentary "Debt Truth Committee" set up in April to investigate the recent austerity imposed on the country concluded Athens was under no obligation to repay its debts. The findings of the report are not binding. "... Greece not only does not have the ability to pay this debt, but also should not pay this debt first and foremost because the debt emerging from (past) arrangements is a direct infringement on the fundamental human rights of the residents of Greece," the report said. "Hence, we came to the conclusion that Greece should not pay this debt because it is illegal, illegitimate, and odious."

Some officials believe Thursday's meeting of euro zone finance ministers will be perhaps the last chance to stop Greece sliding into default and towards leaving the euro.

However the president of the so-called Eurogroup, Jeroen Dijsselbloem, said the chance of an accord was "very small".

EU officials have expressed frustration with what they see as Greece's failure to provide viable or detailed reform plans. The International Monetary Fund pulled its negotiators out of the talks last week citing the lack of any clear progress.

Highlighting the fraying tempers, German Chancellor Angela Merkel's Bavarian allies accused Athens on Wednesday of not grasping the seriousness of the situation, with CSU Secretary-General Andreas Scheuer calling Greek rulers "clowns".

The Greek central bank urged the European Union to spell out promises of debt relief to Greece - a key demand from Athens.

"An agreement would allow Greece to benefit from the favorable global environment and the ECB's quantitative easing program," the report said.

(Additional reporting by Renee Maltezou, Deepa Babington, Lefteris Papadimas, James Mackenzie in Athens, Alastair Macdonald in Brussels, Michael Nienaber in Berlin; Writing by Crispian Balmer; editing by Janet McBride)

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Tsipras to meet Putin over bailout loan as fears of Greek exit from EU mount by Shaun Walker in Moscow
Wednesday June 17th, 2015 at 2:53 PM

Network Front | The Guardian

Greek prime minister, who has criticised sanctions against Kremlin, will meet Russian leader amid speculation that Greece may leave both eurozone and EU

Alexis Tsipras will travel to Russia again on Friday to meet Vladimir Putin as questions swirl over whether Moscow could extend credit lines to bail out the Greek prime minister’s embattled economy.

Tsipras heads to Russia as fears grow that a Greek exit from both the eurozone and the European Union could be inevitable. The governor of Greece’s central bank, Yannis Stournaras, warned on Wednesday that his country was on the brink of an “uncontrollable crisis” and that failure to reach a deal would “lead initially to a Greek default and ultimately to the country’s exit from the euro area and – most likely – from the European Union”.

Search for New York Prison Break Escapees Expands - Wall Street Journal
Wednesday June 17th, 2015 at 2:52 PM

Ebola genetic code analysed to show evolution of worst ever outbreak by Ian Sample Science editor
Wednesday June 17th, 2015 at 2:52 PM

Network Front | The Guardian

Reconstruction of outbreak, which has killed more that 11,000 people, found virus might have been contained had Ebola been diagnosed one month earlier

Scientists have analysed the genetic code of Ebola viruses from patients across west Africa and pieced together the evolution of the worst ever outbreak of the killer disease.

Experts from the Health Protection Agency at Porton Down in Britain, the World Health Organisation (WHO), and other leading labs, used DNA from 179 Ebola samples to reconstruct the spread of the virus from Guinea into surrounding countries last year.

Nato shows its teeth to Russia with elaborate Baltic training exercise by Ewen MacAskill in Gdansk
Wednesday June 17th, 2015 at 2:51 PM

Network Front | The Guardian

Mock landing in Poland, just over 100 miles from Russian naval hub Kaliningrad, is an exhibition of allied strength but some say it could send a dangerous signal

Dozens of Nato landing craft churned through the Baltic’s grey waters. Further out at sea, huge warships – the US’s San Antonio, Britain’s Ocean and Poland’s Lublin – filled the horizon. On the beach, DVs – short for distinguished visitors – including the UK defence secretary, Michael Fallon, were watching.

The landing craft, especially the mega hovercraft of the Americans, were monstrous, on a scale that would have awed
D-day veterans. Eurofighter Typhoons flew overhead. Marines raced out to disappear into the woods. A reminder that even the most carefully planned operations can go wrong came when a Polish transport vessel sank, ignominiously, about 100ft from shore.

Microsoft Shuffles Leadership Team
Wednesday June 17th, 2015 at 2:50 PM

ABC News: Top Stories

Microsoft shuffles leadership team, former Nokia CEO Elop leaving the company

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EU to Extend Russia Sanctions by 6 Months
Wednesday June 17th, 2015 at 2:49 PM

ABC News: Top Stories

EU to extend Russia sanctions by 6 months, keep up pressure over Ukraine

Hungary Plans Fence to Keep Out Migrants
Wednesday June 17th, 2015 at 2:47 PM

WSJ.Com: World News

Hungary’s government announced it would start plans to build a security fence on the country’s border with Serbia, saying it is frustrated with the pace of European Union efforts to handle the flow of migrants entering the bloc.

Arbitrary detention and torture widespread in eastern Libya: HRW
Wednesday June 17th, 2015 at 2:47 PM

Reuters: World News

TRIPOLI (Reuters) - Libya's internationally recognized government and its forces have carried out widespread arbitrary detentions and torture in prisons in the east of the country, Human Rights Watch said on Wednesday.

AT&T Hit With $100M Fine for 'Unlimited' Data Plans
Wednesday June 17th, 2015 at 2:47 PM

ABC News: Top Stories

AT&T fined $100M for selling 'unlimited' data, then slowing Internet speed to manage network

'Mastermind' of 1982 Jewish cafe attack in Paris arrested in Jordan by Agence France-Presse in Paris
Wednesday June 17th, 2015 at 2:46 PM

Network Front | The Guardian

High-ranking member of Palestinian militant group, who went by name of Amjad Atta, held over lethal raid on Chez Jo Goldenberg, in which six died

The suspected chief orchestrator of the attack on a Jewish restaurant in Paris in 1982, which left six people dead and 22 injured, has been arrested in Jordan and bailed.

Official sources said Zuhair Mohamad Hassan Khalid al-Abassi, AKA Amjad Atta, was arrested on 1 June under an international arrest warrant.

The king with 100 wives... 72 of whom used to be married to his father: The Cameroonian leader who has 500 'children' because he must take his parent's queens as his own
Wednesday June 17th, 2015 at 2:46 PM

News | Mail Online

Abumbi II, who became the 11th fon of Bafut in Cameroon almost 50 years ago has close to 100 wives after inheriting 72 of his late father's queens as is tradition when a king dies.

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NY Prison Escape: Police Have No 'Concrete Leads' That Inmates Fled Far - ABC News
Wednesday June 17th, 2015 at 2:45 PM

Female prison worker, NY escapees plotted husband's murder: prosecutor - Reuters
Wednesday June 17th, 2015 at 2:45 PM

Former Kosovo PM Arrested In Slovenia On Serbian Arrest Warrant by noreply@rferl.org (RFE/RL's Balkan Service)
Wednesday June 17th, 2015 at 2:42 PM

Radio Free Europe / Radio Liberty

The leader of the Alliance for the Future of Kosovo (AAK) party, Ramush Haradinaj, has reportedly been arrested at the airport of Slovenia's capital, Ljubljana, on a Serbian arrest warrant issued in 2006.

Libya's PM Seeks International Recognition
Wednesday June 17th, 2015 at 2:41 PM

World News - Breaking International News And Headlines | Sky News

Khalifa al Ghweil tells Sky News his Libya Dawn party controls 85% of the country and deserves international recognition.

Feds Order Inspections of Train Tunnel Ventilation Systems
Wednesday June 17th, 2015 at 2:39 PM

ABC News: Top Stories

Feds order inspections of tunnel ventilation systems at transit agencies across the US

AP Top News at 2:10 p.m. EDT
Wednesday June 17th, 2015 at 2:39 PM

TheUnion Local.Com | TheUnion.Com

AP Top News at 2:10 p.m. EDT

Prosecutor: Worker discussed murder-for-hire with inmatesPLATTSBURGH, N.Y. (AP) - A prison worker charged with helping two convicted murderers escape from a maximum-security facility had discussed with them a murder-for-hire plot involving her husband, a district attorney confirmed Wednesday. Clinton County District Attorney Andrew Wylie said at a news conference that Joyce Mitchell had talked to inmates Richard Matt and David Sweat about the possibility of them killing her husband, Lyle.

The Latest: Tornados still possible in Arkansas, Oklahoma11:55 a.m. CDT A National Weather Service meteorologist says mild tornados remain a possibility as Tropical Depression Bill continues its slow trek north.

TBILISI, Georgia (AP) - A tiger that broke loose after severe flooding at the Tbilisi Zoo mauled a man to death in the Georgian capital before being shot by police Wednesday, a day after officials said all the zoo's tigers had died. Zoo Director Zurab Gurielidze acknowledged he was to blame for releasing faulty information and said new counts indicated a tiger cub and a hyena could still be on the loose. The city has remained on edge, with runaway predators reportedly seen by some residents.

Afghan war over? Then set us free, Guantanamo detainees sayWASHINGTON (AP) - Two Guantanamo Bay detainees are using President Barack Obama's own words to argue that the U.S. war in Afghanistan is over - and therefore they should be set free. The court cases from detainees captured in Afghanistan ask federal judges to consider at what point a conflict is over and whether Obama, in a written statement last December, crossed that line by saying the American "combat mission in Afghanistan is ending."

Presidential candidates lean on well-funded outside groupsWASHINGTON (AP) - The 2016 presidential race is featuring some creative ways to generate cash to help candidates. Federal Election Commission Chairwoman Ann Ravel calls it the "Wild West," fostered by a 2010 Supreme Court decision that lets outside groups raise unlimited sums.

Authorities try to pinpoint cause of deadly balcony collapseBERKELEY, Calif. (AP) - Victims' loved ones made their way toward Berkeley from Ireland as investigators Wednesday tried to pinpoint the cause of a balcony collapse that left six people dead and seven seriously injured. The accident happened early Tuesday, during a 21st birthday party involving a group of young Irish and Irish-American men and women spending the summer in California.

Ireland mourns 6 students killed in balcony collapseLONDON (AP) - Flags flew at half-staff around Ireland and the country's parliament suspended normal business Wednesday as the nation mourned six students killed when a balcony collapsed during a party in Berkeley, California. Prime Minister Enda Kenny offered a message of sympathy and books of condolences were opened at University College Dublin, where three of the students studied. Tributes were paid to the students, who were among 700 Irish students in the San Francisco Bay Area for the summer.

Delivery by drone in 30 minutes? Amazon says it's comingWASHINGTON (AP) - Borrowing a pizza delivery motto, online retail giant Amazon told Congress Wednesday it is developing the technology to use drones to deliver packages in 30 minutes or less, a broad expansion of unmanned flight that is raising concerns about safety, security and privacy. Using commercial drones to quickly deliver packages is probably years away. But when government regulations catch up with emerging technologies, it could revolutionize the way people shop for items they need quickly, said Paul E. Misener, vice president of global public policy for Amazon.com.

AT&T hit with $100M fine for 'unlimited' data plansWASHINGTON (AP) - AT&T Mobility LLC has been slapped with a $100 million fine for offering consumers "unlimited" data, but then slowing their Internet speeds after they reached a certain amount. The Federal Communications Commission said Wednesday that the company misled consumers into buying plans they believed would give them unlimited ability to send and receive data, including Web browsing, GPS navigation and streaming videos. But the FCC said that once the consumer receached a certain level, that data would be slowed down significantly, at speeds lower than advertised.

Trump announcement a boon to late-night comicsNEW YORK (AP) - He doesn't need the money, but if Donald Trump's presidential campaign falters, late-night comics would surely pass the hat to keep it going. An animated Jon Stewart looked like he was second-guessing his decision to step away from "The Daily Show" in the wake of Trump's declaration Tuesday. Stephen Colbert's "Late Show" hasn't started yet, but he couldn't resist releasing a video. Seth Meyers pumped his fist in glee. And Larry Wilmore regarded Trump's announcement as a literal gift from the comedy gods.

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DA confirms murder-for-hire plot with escapees
Wednesday June 17th, 2015 at 2:34 PM

Home - CBSNews.Com

Amid expanding search for escaped murderers, officials say prison worker Joyce Mitchell wasn't the only alleged accomplice

Pentagon: Islamic State to continue looking for ways to expand in Afghanistan

World News Review

» DA confirms murder-for-hire plot with escapees
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17/06/15 14:45 from WSJ.com: World News
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» Fed says U.S. economy still strong enough to handle rate hike
17/06/15 14:44 from Reuters: Top News
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17/06/15 14:43 from WSJ.com: World News
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» Authorities try to pinpoint cause of deadly balcony collapse
17/06/15 14:42 from AP Top Headlines At 7:05 a.m. EDT
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» California pokes big hole in Uber's business model
17/06/15 14:41 from Yahoo! News - Latest News & Headlines
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» Source: Husband unaware of prison tailor's affair with killer
17/06/15 14:39 from CNN.com
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» Greece's future in EU in doubt if talks fail, central bank warns
17/06/15 14:39 from Reuters: Top News
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» Prosecutor: Prison worker discussed murder-for-hire with inmates
17/06/15 14:38 from Yahoo! News - Latest News & Headlines
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» Prosecutor: Worker discussed murder-for-hire with inmates
17/06/15 14:38 from AP Top Headlines At 7:05 a.m. EDT
PLATTSBURGH, N.Y. (AP) -- A prison worker charged with helping two convicted murderers escape from a maximum-security facility had discussed with them a murder-for-hire plot involving her husband, a district attorney confirmed Wednesday....

» Escaped zoo tiger kills man
17/06/15 14:38 from CNN.com

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» Kansas Gov. Brownback's Office: Federal Prosecutors Finish Probe Into Loans, Bring No Charges
17/06/15 14:36 from ABC News: ABCNews
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17/06/15 14:34 from The Independent - World RSS Feed
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» Comparing the US Federal Reserve's Views on Economy, Hiring
17/06/15 14:34 from ABC News: ABCNews
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» Only Hillary Trumps Donald in Facebook Social Conversation on Declaration Day - ABC News
17/06/15 14:34 from Google News - Top Stories
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» France to create 11,000 new housing spots for refugees
17/06/15 14:34 from Deutsche Welle: DW-WORLD.DE - Europe
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» Top Mexican official blasts Donald Trump’s ‘absurd’ comments on
17/06/15 14:34 from - The Washington Post
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17/06/15 14:33 from Sky News | World News | First For Breaking News
Colonel Ali El-Mahdi tells Sky's Alex Crawford he is confident of clearing Islamic State militants from Benghazi in eight weeks.

» Cops: Would-Be Good Samaritan Helps, Then Makes Things Worse
17/06/15 14:32 from ABC News: ABCNews
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17/06/15 14:32 from Voice of America
A look at the best news photos from around the world.

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17/06/15 14:30 from ABC News: ABCNews
Boston's Emerson College says it will become the 1st school to offer 4-year degree in comedy

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17/06/15 14:30 from Reuters: Top News
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» How 'The Wolfpack' Changed After Years Locked in Apartment
17/06/15 14:29 from ABC News: ABCNews
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» Souhaur Al-Abbassi arrested: Man suspected of masterminding deadly 1982 attack on Jewish restaurant in Paris is detained in Jordan
17/06/15 14:27 from The Independent - World RSS Feed
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17/06/15 14:24 from ABC News: ABCNews
AT&T fined $100M for selling 'unlimited' data, then slowing Internet speed to manage network

» AT&T hit with $100M fine for 'unlimited' data plans
17/06/15 14:24 from AP Top Headlines At 7:05 a.m. EDT
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» Sediment from human activity increases disease levels in the Great Barrier Reef's fish, new study finds
17/06/15 14:21 from The Independent - World RSS Feed
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