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IMF ‘to admit mistakes’ over Greek bailout

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The International Monetary Fund (IMF) is expected to admit mistakes over its handling of the Greek bailout.

The Wall Street Journal (WSJ) managed to get hold of internal papers which suggested the organisation underestimated the impact of austerity measures on the eurozone country, which is in the midst of a six year recession.

It goes on to admit that they bent their own rules to make Greek debt appear sustainable. According to the WSJ the country failed three out of four tests to qualify it for the rescue money.

Amongst these admissions, the IMF report claimed that the bailout bought time to limit damage to the rest of the eurozone.

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Turkey: peace by day, clashes by night

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Riot police were out in force again in the Turkish capital, Ankara as anti-government demonstrations entered their sixth night.

Peaceful daytime protests turned violent as night fell. Tear gas and water cannon were used once again to disperse protesters.

Chanting ‘Tayyip resign’, the activists were incensed by the Turkish prime minister’s remarks over the weekend describing them as looters. He is currently on an official visit to North Africa and will return on Thursday.

Suspecting censorship, protesters are downloading encryption software to protect their identities when communicating using social media. Police raided 38 addresses in Izmir as they investigated people suspected of using the internet to incite insurrection.

Two people have been killed and over 3,000 injured overall in the some of the most violent riots that Turkey has seen in decades.

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Diplomats fail once again to ease suffering in Syria

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As the war in Syria reaches new levels of brutality, according to the UN, diplomats from the US, Russia, the UN, and the Arab League continue to fail in their attempts to ease the suffering in the country.

A proposed heavyweight conference on ending the fighting in Syria appears as far away as ever.

The international envoy for Syria, Lakhdar Brahimi, put the blame firmly with the Syrians. “There are talks between the Syrians, in cooperation with Arab nations and other countries, in order to form a delegation from the Syrian government that is acceptable to the opposition,” he said in Geneva.

It is also unclear if Syrian government supporters, Iran, or opposition backers, Saudi Arabia, will be invited

Brahimi will chair a fresh round of preparatory talks on June 25.

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Rebels routed as Syrian army retake Qusair

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The Syrian army backed by Hezbollah fighters have retaken the key town of Qusair.
Syrian state TV claims many rebels have been killed or captured.

The Free Syrian Army say most of their soldiers fled overnight unable to withstand the onslaught.The town, close to the Lebanese border, has been the focus of intense fighting for the last two weeks.

Syrian military claim weapons from the US and Turkey were left behind as the rebels were routed.

The Syrian army sees the victory as a sure sign that the tide has turned and they will soon regain control of the country.

In a statement read out on state TV the army said: “This is a clear message to all those who share in the aggression on Syria that we will continue our string of victories until we regain every inch of Syrian land.”

The Red Cross says it is alarmed by the worsening humanitarian situation in Syria and appealed for immediate access to deliver aid.

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‘No nukes’: Thousands in Tokyo rally against nuclear power (PHOTOS)

Around 7,500 people participated in the anti-nuclear protests in the Japanese capital, according to organizers cited by AFP. The demonstrators gathered in a park in central Tokyo, marched through the city and rallied outside the offices of Tokyo Electric Power Co (TEPCO), operator of the Fukushima nuclear power plant which suffered meltdowns of three reactor cores following an earthquake and tsunami two years ago. “No Nukes! Un-evolved Apes Want Nukes!” read one of the banners held by Tokyo protesters. Disaster victims and celebrities, including Nobel literature laureate Kenzaburo Oe, participated in the event. Shortly after the Fukushima disaster in March 2011, the Japanese government pledged to fully abandon atomic energy by the 2030s. However, in about a year authorities realized their promise was a hasty one, as the archipelago nation had hardly any other means to ensure sufficient electric energy supply but to return to nuclear power generation. Earlier this year two nuclear reactors were put back into operation in Japan and plans were announced to restart six more by the end of 2013. Prime Minister Shinzo Abe has repeatedly promised the reactors would only be restarted if their safety is ensured by a special supervising body – Nuclear Regulation Authority. But his words could never quell the anti-nuclear moods in the country, where the tsunami disaster took 19,000 lives and lead to some 150,000 residents of the Fukushima area being displaced. It’s estimated the post-disaster clean-up would take about 30 to 40 years and cost around US$15 billion. Read More

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‘Common Core’ Nationalizes and Dumbs Down Public School Curriculum

Like Obamacare, Common Core (now dubbed “ObamaCore” by some) has sparked a backlash in the states, leading some to propose legislation forbidding state participation in the scheme. Read More

China’s Mo Yan releases new book on Nobel win

Chinese Nobel Literature Prize winner Mo Yan released a new novel on Friday, detailing his trip to Sweden where he picked up his Nobel Prize in December. Read More