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EU bailout saves Greece for now, but can it survive the terms?
In exchange for billions of dollars in loans and other help, Athens has committed itself to years of brutal spending cuts and intrusions on its sovereignty.

The massive new bailout approved for Greece early Tuesday should rescue it from immediate bankruptcy. But can the country survive being saved?
Eurozone ministers approve $170-billion bailout for Greece
Greece's leaders welcome the package meant to help their nation avoid default, though it will bring a fresh round of austerity cuts.

Europe's ailing currency union approved its second bailout for Greece in less than two years, signing off on a $170-billion rescue package early Tuesday after weeks of bickering and rising ill feeling between Athens and other regional capitals.
Iran says it's cutting oil exports to France, Britain
The ban is preemptive retaliation against European sanctions. Meanwhile, U.S. and British officials warn against a military attack on Iran's nuclear facilities.

Iran said Sunday that it was cutting off oil exports to France and Britain in a preemptive strike against European economic sanctions, while top U.S. and British officials warned against a military attack on Iran's disputed nuclear program.

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Two Western Journalists Killed in Syria Shelling
Marie Colvin, left, an American reporter working for The Sunday Times of London, and Rémi Ochlik, a French photographer, were killed in Syria on Wednesday.
Medvedev Honors Ali Ukla Ursan, a Controversial Syrian Writer
Ali Ukla Ursan, who received the Pushkin Medal, has publicly applauded the terror attacks of Sept. 11, 2001, and expressed strong anti-Semitic views.
Growing Air of Concern in Greece Over New Bailout
Many Greeks said they had begun to feel that the new deal was aimed at saving banks more than the country.

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Deal reached on $170 billion Greek bailout

ATHENS — After months in which Greece teetered on the verge of bankruptcy, European officials agreed Tuesday to give the country a second massive bailout in exchange for harsh austerity measures, as grim new estimates about the country’s economy pushed off a resolution until what some officials called the last possible day to reach one.
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Greek leaders’ priorities questioned

ATHENS — Greek citizens have never believed that the deep spending cuts their country has made to avoid bankruptcy were distributed fairly. But top European officials are starting to worry about that, too.
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Services sector shrinks in Euro zone
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Shell offers to buy African explorer Cove Energy for $1.6 bn
LONDON - Anglo-Dutch oil major Royal Dutch Shell has offered to buy African oil exploration major Cove Energy for 994.4 million pounds ($1.6 billion) to expand its operations in Mozambique and Kenya.
Strauss-Kahn questioned by French police in prostitution case
PARIS - Former International Monetary Fund chief Dominique Strauss-Kahn was Tuesday questioned by French police in Lille, northern France, as a suspect in a prostitution ring inquiry.

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