PORTUGAL - Portugal's President Anibal Cavaco Silva says he will sign a law legalising same-sex marriage passed by parliament earlier this year. The law had been fiercely opposed by conservatives in the Catholic country. The ratification will make Portugal the sixth country in Europe to allow same-sex marriage after Belgium, Spain, Norway, the Netherlands and Sweden.
EUROPE - A key committee of Euro MPs has backed a directive that may lead to greater supervision of the hedge fund industry. The vote in Strasbourg comes one day ahead of a meeting in Brussels of EU finance ministers where hedge fund regulation will be under discussion. The Tuesday meeting will be an important test for the new UK chancellor, George Osborne, with 80% of European hedge funds based in London. Many blame hedge funds for worsening the effects of the financial crisis.
ISRAEL - As Palestinian Authority officials agree to indirect "proximity" peace talks with Israel, PA television sends a different message. A broadcast that was repeated twice last week called on Israelis to "return" to Europe and Ethiopia, so that PA Arabs can "return" to Israeli cities such as Akko (Acre), Haifa and Jerusalem.
EUROPE - "The euro is doomed," said Andrew Wilkinson, senior market analyst at Interactive Brokers Group LLC in Greenwich, Connecticut. "It's like a clown without its makeup. The strains among the partners are becoming clear and it's becoming harder to see global growth not being threatened by this."
EUROPE - In a speech at a prize-giving ceremony for Polish Prime Minster Donald Tusk yesterday, German Chancellor Angela Merkel said that the eurozone crisis is "existential" and "must be overcome" in order to avoid "unforeseeable consequences" for the future of the EU. In order to do this it would have to "equip itself more strongly, both fiscally and economically".
USA - Storms may scuttle clean-up efforts, force containment vessels to retreat, or propel spilled crude and tar balls over vast expanses of sea and beach, scientists said. Meteorologists say that climate conditions are ripe for an unusually destructive hurricane season, the storm-prone period that runs from June 1 to the end of November in the Gulf. Oceanographers say that could hurt the clean-up.
USA - The Episcopal Church in the US is set to go ahead with the controversial ordination of an openly lesbian bishop. Saturday's ordination comes despite warnings from the Archbishop of Canterbury that it will deepen an already bitter dispute on sexuality.
EUROPE - President Nicolas Sarkozy slammed his fist on the table and threatened to pull France out of the euro at a meeting of European leaders deciding Greece's aid package last Friday, according to Spain's El Pais newspaper. The newspaper cited comments by Spanish Prime Minister Jose Luis Rodriguez Zapatero to members of his party on Wednesday as relayed by people present at that meeting.
EUROPE - Global shares have fallen sharply as concerns continue about the impact of financial austerity measures in Greece, Portugal and Spain. Amid fears the crisis may hit the European-wide economy, the UK's main FTSE 100 index ended down 3.1%.
TEHRAN, IRAN - A radical cleric called Saturday for the creation of a "Greater Iran" that would rule over the entire Middle East and Central Asia, in an event that he said would herald the coming of Islam's expected messiah. Ayatollah Mohammad Bagher Kharrazi said the creation of what he calls an Islamic United States is a central aim of the political party he leads called Hezbollah, or Party of God, and that he hoped to make it a reality if they win the next presidential election.
UK - Police secretly investigated the travel habits, family, friends and backgrounds of 47,000 innocent people last year after they bought plane tickets to fly into and out of Britain. The intrusiveness has provoked fury among civil liberties campaigners and now may be stopped by Britain's new coalition Government. The flyers were singled out by the 'terrorist detector' database, introduced by Labour, monitoring millions of British tourists and other travellers.
UK - A no-fly zone has been imposed over parts of Northern Ireland, causing renewed disruption for air travellers. The move by the Civil Aviation Authority comes as a dense volcanic ash cloud from Iceland heads towards north-western parts of the UK.
EUROPE - The FT reports that a "backlash" is growing in Frankfurt over the ECB's decision to buy government bonds as part of the eurozone rescue package. The article suggests that the ECB's actions "have not only altered its relationship with the German public", but may have widened the race to succeed current ECB chief Jean-Claude Juncker, with current favourite Bundesbank President Axel Weber's criticism of the bond move likely to have alienated Paris.
MUNICH, GERMANY - Catholic and evangelical representatives have gathered for an ecumenical conference in Munich, which includes music, presentations, prayer and fellowship. The congress, which is being promoted by the Central Committee of German Catholics and the German Evangelical Congress, opened Wednesday and will close on Sunday.
USA - BP's beleaguered boss risked international outrage last night by implying that the millions of gallons of oil spilling into the Gulf of Mexico were nothing more than a drop in the ocean. Tony Hayward, chief executive of the oil giant, tried to downplay the disaster which is threatening to become the world's worst oil spill. His words will provoke a huge backlash from environmentalists who are furious that BP has failed to plug the leak three weeks after it erupted in a rig explosion that killed 11 workers.
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The views expressed in this section are not our own, unless specifically stated, but are provided to highlight what may prove to be prophetically relevant material appearing in the media.