International Headlines

Date: Tue, 25 May 2010 20:02:07 -0400
>TOP STORIES as of 0800 HKT -- 26 May, 2010

> AMERICAN BERENSON FREED FROM PERUVIAN JAIL
Lori Berenson, a U.S. citizen jailed in Peru since 1995 for
helping leftist rebels, has been granted conditional release, a
judge announced.

> DOZENS DEAD IN JAMAICAN POLICE ASSAULT
At least 27 people have been killed and 31 wounded in an ongoing
assault by Jamaican police on a suspected drug lord's compound
in the capital, Kingston.

> PYONGYANG CUTS TIES WITH SOUTH KOREA
North Korea announces a freeze in relations with South Korea and
threatens retaliation in response to alleged intrusions into its
waters by the South Korean navy.

> BP PLANS 'TOP KILL' MANEUVER TO CAP SPILL
Oil company BP will give details about its next attempt to
contain the gushing oil in the Gulf of Mexico -- a maneuver
called "top kill" that it plans to implement Wednesday.

> OIL RIG INSPECTORS 'TOOK COMPANY GIFTS'
Federal inspectors overseeing oil drilling in the Gulf of Mexico
accepted meals and tickets to sporting events from companies
they monitored, according to a new report from the Interior
Department's inspector general.

> THAKSIN FACING THAI TERRORISM CHARGES
A Thai court issues an arrest warrant for Thailand's ousted
prime minister Thaksin Shinawatra on terrorism charges related
to violent clashes in Bangkok.

> STEVE JOBS: 'YOU WON'T BE DISAPPOINTED'
Apple has announced that CEO Steve Jobs will be emceeing the
company's annual Worldwide Developers Conference keynote on June 7 in
San Francisco.

> SMALL MAMMALS AT RISK AS WORLD WARMS
The biodiversity of small mammals in North America may already
be close to a "tipping point" causing impacts "up and down the
food chain" according to a new study by U.S. scientists.

BUSINESS
~~~~~~~~~~~
> GLOBAL MARKETS DOWN ON EURO FEARS
U.S. stocks slumped Tuesday on worries about the flailing euro
and global economy, but investors managed to trim losses as the
session wore on.

> BRITISH AIRWAYS DEFIANT AS STRIKE CONTINUES
British Airways took out full-page ads in newspapers Tuesday
saying it managed to fly almost all of its routes despite a
strike this week by the union representing its cabin crews.

> DOW FALLS TO 3-MONTH LOW
Stocks tumbled Monday, with the Dow ending at a three-month low
as worries about the global economic outlook overshadowed a
bigger-than-expected rise in existing home sales.