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While U Slept. Big 5 Stories Breaking Overnight. Thursday, July 1, 2010

July 1, 2010

ISRAEL, TURKEY HOLD FIRST TALKS SINCE GAZA-BOUND FLOTILLA Israeli Trade Minister holds secret talks with Turkey’s Foreign Minister in Brussels after Turkey curtailed diplomatic relations with Israel in May, after the naval raid in which nine Turks were killed. (BBC)

HURRICANE ALEX HITS LAND, AT LEAST ONE DEAD Northeastern Mexico bears brunt of first hurricane of season, while others worry of impact on cleanup of Gulf oil leak. (CNN video/article)

REPORT: CHEMICAL FIRM BRIBED OFFICIALS TO SELL TOXIC FUEL ADDITIVES TO IRAQ Former chief executive of a British chemical company faces possible extradition to the US after the firm admitted million-dollar bribes to officials to sell to Iraq tetra ethyl lead (TEL), which is banned from cars in western countries because of links with brain damage to children. (Guardian)

ALLEGED RUSSIAN SPY DISAPPEARS ON CYPRUS Alleged 11th member of US-based Russian spy ring skips bail in Cyprus. (AP)

EUROPE STOCKS FALL SHARPLY Follows overnight losses in U.S. and Asian markets, amidst cautionary news from Spain and China and worries of double-dip global slowdown. (DowJones)

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