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While U Slept. Big 5 Stories Breaking Overnight. Tuesday, June 29, 2010

June 29, 2010

RUSSIA SAYS SPY RING ALLEGATIONS ARE FALSE, THROWBACK TO COLD WAR Allegations that Moscow ran a spy ring in the US are baseless, says Russian foreign ministry official. Response comes a day after 10 people arrested in the US. for conspiracy to act as unlawful agents of a foreign government. (BBC)

TROPICAL STORM ALEX GAINS STRENGTH, VEERS AWAY FROM OIL SPILL Nearing hurricane strength, storm churns off northwestern coast of Yucatan peninsula, reducing risk of bad weather adding to oil spill woes in Gulf of Mexico. (CNN video/article)

NATO DEATHS IN JUNE REACH 100, HIGHEST MONTHLY TOTAL IN 9 YEARS Toll for the year to date is 320, compared with 520 in all of 2009, according to the independent icasualties.org website. (AFP)

BYRD TO BE SUCCEEDED BY APPOINTMENT THROUGH 2012 Democratic governor of W. Virginia likely to appoint someone who will not shake up party balance, though timing of finance reform approval may be in jeopardy. (WashPost)

NEW CHINA-TAIWAN TRADE PACT INKED On live TV, China and Taiwan sign tariff-slashing trade pact to each political and military tensions, and end tariffs on hundreds of products and expected to boost bilateral trade already totaling about $110 billion a year: some $80 billion in goods flowing to China, and $30 billion to Taiwan. (AP)

BONUS: GOOGLE AND CHINA: DID MENLO PARK BOYS BLINK? Google’s top legal executive writes late night blog post outlining company’s “new approach” to China after showdown about spying and censorship. The search company ends redirect from google.cn to google.com.hk, restarting the Chinese Google page, though the site and services will be limited. (TechCrunch)

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