Fierce clashes rock Syrian capital

The Local Coordination Committees and the Syrian Observatory for Human Rights said the clashes took place in Kfar Souseh early Sunday morning but there were no immediate reports of casualties. The district is a high security area, housing several security and intelligence agencies

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In or out of the eurozone: Greeces options

OPTION-I: EXIT Long taboo, what economists call "Grexit" is back on the table after inconclusive Greek elections this month that gave anti-austerity and anti-EU parties the majority but failed to produce a working coalition.   Should Greek voters return a working coalition of anti-austerity parties at a re-run of the elections on June 17, and should those parties refuse to adopt reforms demanded in March in exchange for a second EU-IMF bailout, it will be game over and exit from the euro for Athens.   Greece then would find itself with a devalued drachma currency once more, facing a sharp spike in inflation, even higher unemployment and the danger of a vicious circle of depression, even if exports became more competitively priced

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