{DAILY GLOBAL BUSINESS POINT}

Russian Prime Minister Vladimir Putin says he hopes a series of arrests over an alleged spy ring in the US will not harm US-Russian relations.
Mr Putin told former US President Bill Clinton in Moscow that US police had “let themselves go” and were putting people in prison.
Ten people have been arrested in the US and [...]

Russian President Dmitry Medvedev and his US counterpart Barack Obama have marked a warming in relations between the two countries on Mr Medvedev’s first visit to America.
Speaking after White House talks, Mr Obama said the pair had “succeeded at resetting our relationship”.
He said the US was backing Russia’s World Trade Organisation accession.
Earlier, the two ate [...]

Iran faces its toughest sanctions for failing to comply with UN demands over its nuclear enrichment, the US says.
The Security Council is set to vote on a fourth round of sanctions to tighten financial curbs on Iran, while expanding a limited arms embargo.
US Secretary of State Hillary Clinton said they were “the most significant sanctions [...]

South Korea has referred North Korea to the United Nations over the sinking of its warship in March.
An international investigation found that North Korea was responsible, an accusation the North denies.
South Korea has not spelled out what action it wants the UN to take, although it has not asked for sanctions against the North.
Tensions between [...]

Turkey says it might reduce economic and defence ties with Israel following the deadly raid on a Gaza aid flotilla.
Deputy PM Bulent Arinc said Ankara was “assessing deals with Israel”, once its close ally.
Nine people, mostly Turkish activists, died when Israeli troops stormed a ship trying to break Israel’s blockade of Gaza on Monday.
Turkish PM [...]

Turkish planes carrying hundreds of activists from the Gaza-bound aid flotilla intercepted by Israeli forces have arrived in Istanbul from Israel.
The activists returned to an enthusiastic welcome led by Turkey’s Deputy Prime Minister Bulent Arinc.
The bodies of nine people killed when Israeli commandos took control of the six aid vessels were also flown in.
Earlier, PM [...]

The commander of Canada’s forces in Afghanistan has been dismissed following allegations of an inappropriate personal relationship.
A senior Canadian military official said allegations against General Daniel Menard were being investigated. He gave no details.
The military said the dismissal would not affect its mission in Afghanistan.
Most of Canada’s 2,800 troops in the country are based in [...]

Afghan President Hamid Karzai has paid an emotional visit to US soldiers injured fighting in his country, thanking them for their sacrifice.
He expressed his gratitude to the soldiers on a visit to the Walter Reed Army Medical Center in Washington.
Mr Karzai is in the US for four days of talks aimed at repairing rocky relations [...]

German Chancellor Angela Merkel’s party and its coalition allies have been defeated in regional elections in North Rhine-Westphalia, projections suggest.
If confirmed, this would see Mrs Merkel’s national coalition lose its slim majority in the upper house of parliament, the Bundesrat.
The campaign has been overshadowed by the government’s decision to contribute to a huge rescue package [...]

German Chancellor Angela Merkel’s party and its coalition allies have been defeated in regional elections in North Rhine-Westphalia, exit polls suggest.
If confirmed, this would see Mrs Merkel’s national coalition lose its majority in the upper house of parliament, the Bundesrat.
The campaign has been overshadowed by the government’s decision to contribute to a huge rescue package [...]