TOKYO (Reuters) – Sony Corp forecast a record $6.4 billion net loss for the business year just ended, double earlier forecasts and a fourth straight year of losses, inflated by writing off deferred tax assets in the United States. In a bid to ease investor concerns over its deteriorating bottom line, the Japanese consumer electronics giant said it would bounce back this year and make an operating profit of 180 billion yen. …
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Sony sees record $6.4 billion net loss, to take tax hit
Guatemala’s president proposed Saturday that the United States and other “consumer” countries pick up the tab for the cost of drug seizures.
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Guatemala leader asks US to pay for drug seizures
GENEVA (Reuters) – Kofi Annan, special envoy on Syria for the United Nations and the Arab League, said on Friday the situation in the country needed to be handled carefully to avoid an escalation that would destabilize the region. Annan said he had urged the U.N. Security Council to speak with “one voice” to bring a halt to the violence, gain unimpeded access for aid workers and launch a political process leading to a democratic Syria. He gave no details after his briefing of the Security Council by video link from his Geneva office. …
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Annan warns of Syria escalation, says talks continue
Reuters – Syrian forces bombarded districts of the city of Homs on Saturday in their drive to crush a revolt against President Bashar al-Assad, whose ally Russia said it would not support an Arab peace plan circulating at the United Nations.
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Syrian forces shell Homs; truce in mountain town
(Reuters)
AP – The world last year wasn’t quite as warm as it has been for most of the past decade, government scientists said Thursday, but it continues a general trend of rising temperatures.
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World not quite as hot in 2011; ranks 11th warmest
(AP)
Reuters – Iran threatened Tuesday to take action if the U.S. Navy moves an aircraft carrier into the Gulf, Tehran’s most aggressive statement yet after weeks of saber-rattling as new U.S. and EU financial sanctions take a toll on its economy.
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Iran threatens U.S. Navy as sanctions hit economy
(Reuters)
Reuters – Funerals for 44 people killed in twin suicide car bombs in Damascus turned into a show of support for President Bashar al-Assad on Saturday, with thousands of mourners denouncing the United States and its Arab allies for interfering in Syria.
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Mourning Syrians rally for Assad, U.N. condemns bombs
(Reuters)
Reuters – The last commander of U.S. forces in Iraq returns to the United States on Tuesday carrying the command flag that flew over Baghdad.
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U.S. general returns from Iraq with Baghdad flag
(Reuters)
The Christian Science Monitor – Pearl Harbor. In the United States, the name alone means surprise, defeat, and the rise of common purpose from ashes. Seventy years on, the Japanese surprise attack on US forces assembled in Hawaii remains one of the American peopleâs most powerful historic memories.
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Pearl Harbor Day 2011: three enduring mysteries
(The Christian Science Monitor)