Tuesday, May 21, 2013

CA-NEWS Summary

Insight: The fight for North Dakota's fracking-water market

WATFORD CITY, North Dakota (Reuters) - In towns across North Dakota, the wellhead of the North American energy boom, the locals have taken to quoting the adage: "Whiskey is for drinking, and water is for fighting." It's not that they lack water, like Texas and California. They are swimming in it, and it is free for the taking. Yet as the state's Bakken shale fields have grown, so has the fight over who has the right to tap into the multimillion-dollar market to supply water to the energy sector.

Analysis: At margins of shale oil boom, a tempered euphoria

HOUSTON/NEW YORK (Reuters) - For the past three years, the boom in the U.S. shale oil industry has outstripped all expectations. Production surged far faster than any forecasts; drillers raced to secure space in new pipelines to get their crude to market. Now, at the periphery, that may be changing - at least for a while.

Imran Khan's party wins revote in Karachi, protests expected

ISLAMABAD (Reuters) - Cricket hero Imran Khan's Pakistan Tehrik-i-Insaf party won a revote in an upmarket constituency of Karachi on Sunday, unofficial results showed, a day after gunmen killed a party leader, setting the stage for protests and counter-protests. Khan blamed the killing of Zara Shahid Hussain on the Muttahida Quami Movement (MQM) party, which has a stranglehold on the city. Furious MQM leaders denied responsibility, condemned the killing and demanded a retraction from Khan.

Chinese Premier Li seeks trust in India, border issue irks

NEW DELHI (Reuters) - Chinese Premier Li Keqiang is seeking to build trust with India on his first foreign trip since taking office, which comes just a few weeks after a military standoff between the Asian giants on their ill-defined border in the Himalayan mountains. The number two in the Chinese leadership offered India a "handshake across the Himalayas" in an editorial published on Monday in The Hindu newspaper and said that together the emerging economic giants could become a new engine of the world economy.

Hezbollah steps up Syria battle, Israel threatens more strikes

AMMAN (Reuters) - Lebanese Hezbollah militants attacked a Syrian rebel-held town alongside Syrian troops on Sunday and Israel threatened more attacks on Syria to rein the militia in, highlighting the risks of a wider regional conflict if planned peace talks fail. Activists said it was the fiercest fighting in Syria's two year-old civil war involving Hezbollah, a Shi'ite group backed by Iran which they said appeared to be helping President Bashar al-Assad secure a vital corridor in case Syria fragments.

Bombs kill at least 20 in mainly Shi'ite areas of Iraq capital: police, medics

BAGHDAD (Reuters) - Eight car bomb blasts in mainly Shi'ite districts of the Iraqi capital, Baghdad, killed at least 20 people on Monday, police and medics said. Earlier, at least 10 people were killed in two car bomb explosions in the predominantly Shi'ite southern city of Basra, 420 km (260 miles) southeast of Baghdad. (Reporting by Kareem Raheem; Editing by Angus MacSwan)

Exclusive: Bangladesh factory banned by Wal-Mart still makes Wrangler shirts

GAZIPUR, Bangladesh (Reuters) - A Bangladesh factory where Wal-Mart Stores Inc and Inditex SA inspectors spotted cracks in the wall this month is still making Wrangler shirts for the world's largest apparel maker, U.S.-based VF Corp. VF confirmed on Saturday it was still using Liz Apparels to make its clothing following an inspection ordered by the factory owner, Nassa Group, on May 12. VF, whose other clothing brands include North Face, Timberland and Nautica, said its philosophy was to "stay and improve" working conditions.

Gunmen storm Egyptian security post in lawless Sinai Peninsula

ISMAILIA (Reuters) - Gunmen stormed an Egyptian security forces base in the Sinai Peninsula at dawn on Monday and exchanged gunfire with forces inside the base before retreating, security sources said. The gunmen attacked the base in the Al-Ahrash area in North Sinai from a truck and fired automatic weapons, but the attack did not result in any casualties.

Venezuela says taking steps to restore U.S. diplomatic ties

CARACAS (Reuters) - Venezuela's recent designation of an acting head of its diplomatic mission in the United States shows the OPEC nation's desire to restore full diplomatic relations, the foreign minister said in an interview broadcast on Sunday. Disputes between Caracas and Washington were common during the 14-year-rule of late socialist leader Hugo Chavez, leaving both nations without ambassadors in each other's capitals.

North Korea fires short-range missiles for two days in a row

SEOUL (Reuters) - North Korea fired a short-range missile from its east coast on Sunday, a day after launching three of these missiles, a South Korean news agency said, ignoring calls for restraint from Western powers. Launches by the North of short-range missiles are not uncommon but, after recent warnings from the communist state of impending nuclear war, such actions have raised concerns about the region's security.

Source: http://news.yahoo.com/ca-news-summary-025303104.html

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