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Lyon stars on his Test debut to skittle Sri Lanka

Author: 1 от 1-09-2011, 22:55
(CNN) -- Australia's Nathan Lyon made a sensational Test debut as his five-wicket haul skittled Sri Lanka on the second day in Galle and left his side in a strong position.

Off-spinner Lyon, a controversial selection for the tour, took a wicket with his very first ball and ended with 5-34 as Sir Lanka crumbled to 105 all out.

Australia, who scored 273 in their first innings, reached 115-6 after a collapse of their own, but still led by 283 runs on a deteriorating wicket.

16 wickets fell Thursday with Australian all-rounder Shane Watson chipping in with three wickets in 10 balls, while another newcomer Trent Copeland struck in his first over.

But it was Lyon who made the biggest impression, becoming only the 14th bowler in Test history to take a wicket with his first ball as he removed Kumar Sangakkara, caught at slip by Michael Clarke.

Watson played havoc with the Sri Lanka middle order as he removed Thilan Samaraweera, Prasanna Jayawardene and Paranavitana, all trapped leg before wicket to reverse swing.

European officials round on Lagarde

Author: 1 от 30-08-2011, 19:19
European officials round on Lagarde

(FT) -- European officials rounded on Christine Lagarde on Sunday, accusing the managing director of the International Monetary Fund of making a "confused" and "misguided" attack on the health of Europe's banks.

Ms Lagarde, the former French finance minister who replaced Dominique Strauss-Kahn as head of the IMF in July, used her address at an annual meeting of central bankers in Jackson Hole, Wyoming, to call for an "urgent" recapitalisation of Europe's weakest lenders, saying that shoring up the banking system was key to cutting "chains of contagion" across the region.

But officials said Ms Lagarde's comments missed the point of banks' current difficulties. "The key issue is funding," said one experienced central banker. "Banks in some countries have had trouble securing liquidity in recent weeks and that pressure is going to mount. To talk about capital is a confused message. Everybody -- politicians, regulators, other officials -- is quite concerned."

Officials, nervous that Ms Lagarde's statement would further spook bank investors, said they planned to urge the former French finance minister to clarify her statement.

U.N. warns on mutant strain of bird flu virus

Author: 1 от 30-08-2011, 18:20
CNN) -- The United Nations warned Monday of a possible resurgence of the deadly avian flu virus, saying there are indications a mutant strain may be spreading in Asia.

A variant strain of the H5N1 avian influenza virus, which can apparently bypass the defenses of current vaccines with unpredictable risks to humans, has appeared in Vietnam and China, the Food and Agriculture Organization (FAO) stated.

Circulation of the virus in Vietnam threatens Thailand, Malaysia, Cambodia, Japan and the Korean peninsula, the FAO said.

The most recent death caused by avian flu occurred this month in Cambodia, where eight people have died after becoming infected this year, the organization added.

Lebanese culture served on a plate

Author: 1 от 30-08-2011, 16:31
(CNN) -- Diners at the Tawlet Souk el Tayeb restaurant in Beirut never know quite what to expect.

Their food is cooked by someone different every day, usually a woman preparing local specialties of her own village.

Tawlet Souk el Tayeb, which has been open for two years, uses only food from the Lebanon's only farmers' market, run by the same organization.

The cooks, almost all amateur women from villages all around the country, work on rotation, with new cooks starting all the time.

The emphasis on rustic home cooking is a long way from Beirut's reputation for chic nightlife, but reflects the country's obsession with food. Kamal Mouzawak, founder of both the restaurant and farmers' market said: "Food and food culture is very important in Lebanon as an expression of history and tradition."

He said nothing defined Lebanese culture more than tabbouleh, the salad of bulgur wheat and parsley.

That tradition and obsession is celebrated in an exhibition by graphic artist Maya Zankoul which recently opened in Tawlet Souk el Tayeb.

Zankoul, 25, said: "Every occasion or celebration has a particular traditional food attached to it. It's the best part of our culture.

"The posters are all different shapes, sizes and colors, just like meze."

The pictures include one chronicling the seven steps of a Lebanese lunch, the final step being into bed to sleep off all the food.

Another shows typical dishes served at celebrations of various life-stages, from a birth, the appearance of a baby's first tooth to graduation.

Zankoul said: "I asked my grandmother and mother about their typical traditions and recipes.

UK not pursuing limits on social media

Author: 1 от 30-08-2011, 11:17
(CNN) -- A meeting on Thursday between the British government and Internet communications firms was friendly, not confrontational, according to people from the organizations that took part in the meeting.

At the meeting, the government "did not seek any additional powers to close down social media networks," the British Home Office, the government's home security department, said in a statement. "The discussions looked at how law enforcement and the networks can build on the existing relationships and cooperation to crack down on the networks being used for criminal behavior."

Spokespeople for the British Home Office declined to provide additional details about whether it broached the issue of imposing limits social media.

The gathering took place about two weeks after British Prime Minister David Cameron suggested that the government should impose limits on the "free flow of information" when it's "used for ill." "When people are using social media for violence, we need to stop them," he said then.

European officials round on Lagarde

Author: 1 от 30-08-2011, 10:17
European officials round on Lagarde


(FT) -- European officials rounded on Christine Lagarde on Sunday, accusing the managing director of the International Monetary Fund of making a "confused" and "misguided" attack on the health of Europe's banks.

Ms Lagarde, the former French finance minister who replaced Dominique Strauss-Kahn as head of the IMF in July, used her address at an annual meeting of central bankers in Jackson Hole, Wyoming, to call for an "urgent" recapitalisation of Europe's weakest lenders, saying that shoring up the banking system was key to cutting "chains of contagion" across the region.

But officials said Ms Lagarde's comments missed the point of banks' current difficulties. "The key issue is funding," said one experienced central banker. "Banks in some countries have had trouble securing liquidity in recent weeks and that pressure is going to mount. To talk about capital is a confused message. Everybody -- politicians, regulators, other officials -- is quite concerned."

Officials, nervous that Ms Lagarde's statement would further spook bank investors, said they planned to urge the former French finance minister to clarify her statement.

European politicians and regulators are still struggling to come up with a mechanism that will calm investors' skittishness about banks' exposure to sovereign debt across the southern eurozone. A high-profile pan-European "stress test" of bank balance sheets has failed to allay investors' concerns about their ability to withstand a default by a European government, or a severe deterioration in their credit portfolios across the region.
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