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Monday, Aug 31st

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18-day negotiation yields landmark Iran nuclear accord

iran nuclear dealAfter long, fractious negotiations, world powers and Iran struck an historic deal Tuesday to curb Iran’s nuclear program in exchange for billions of dollars in relief from international sanctions – an agreement aimed at averting the threat of a nuclear-armed Iran and another U.S. military intervention in the Middle East.

The accord marks a dramatic break from decades of animosity between the United States and Iran, countries that alternatively call each other the “leading state sponsor of terrorism” and the “the Great Satan.”

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Russian barracks collapse kills 23 soldiers near Omsk

Russian barracks collapseA section of a Russian military barracks has collapsed, killing 23 soldiers, near the Siberian city of Omsk, officials say.

A further 19 servicemen were rescued. Some have been flown to Moscow for medical treatment. All of those killed were conscripts, with some reports giving the age of the youngest victim as just 18.

Investigators are examining whether repairs carried out on the building in 2013 are linked to its collapse.

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Documents: US agents knew of 'El Chapo' escape plots in 2014

federal policeU.S. drug authorities knew of Mexican drug kingpin Joaquin "El Chapo" Guzman's escape plans about a month after his arrest last year, according to internal Drug Enforcement Administration documents obtained by The Associated Press.

The internal DEA documents reveal that drug agents first got information on escape plans in March 2014, about a month after Guzman was captured in the seaside resort town of Mazatlan, Mexico.

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Greek deal reached securing $95 billion in bailout financing

Greak bailout plan reachedGreece and its international creditors have reached an agreement for a third bailout after 17 hours of negotiations, securing about $95 billion in financing over three years.

The tentative deal was announced early Monday after a night of talks by European finance ministers and Eurozone leaders.

"One can say that we have 'agreekment'. Leaders have agreed in principle that they are ready to start negotiations on an [European Stability Mechanism] program, which in other words means continued support for Greece," European Council President Donald Tusk said in a statement. "The decision gives Greece a chance to get back on track with the support of European partners. It also avoids the social, economic and political consequences that a negative outcome would have brought."

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Islamic State's Afghanistan, Pakistan leader killed in U.S. drone strike

Dron strikeThe Islamic State's leader in Afghanistan and Pakistan was killed in a U.S. drone strike in the latest of a series of American air strikes on the militants, Afghan intelligence officials said.

Hafiz Saeed Khan, a former Taliban leader who pledged his allegiance to the IS last year, was killed in the strike Friday with 30 other insurgents in their compound in the Achin region in the country's eastern Nangarhar Province, said Asib Sediqqi, a spokesman for Afghanistan's National Directorate of Security.

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Mexico: Drug lord ‘El Chapo’ Guzman escapes prison through tunnel

Mexican drug lord escapesTop drug lord Joaquin “El Chapo” Guzman escaped through a 1.5-kilometer (1 mile) tunnel that opened into the shower area of his cell, Mexico’s top security official announced Sunday.

With the elaborate escape hatch built allegedly without the detection of authorities, Guzman has done what Mexican authorities promised would not happen after his re-capture last year – slipped out of a maximum security prison for the second time.

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Greece nears euro exit as bailout talks break up without agreement

Greek crisis continues

Greece’s final attempt to avoid being kicked out of the euro by securing a new three-year bailout worth up to €80bn ran into a wall of resistance from the eurozone’s fiscal hawks on Saturday.

Finland rejected any more funding for the country and Germany called for Greece to be turfed out of the currency bloc for at least five years.

The last-chance talks between the 19 eurozone finance ministers in Brussels ended at midnight, as they struggled to draft a policy paper for national leaders at yet another emergency summit on Sunday that was billed as the decisive meeting.

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