Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros
Friday, September 6, 2013
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Chinese-made marine engineering ship delivered to Greece
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Euro Chess 2013 in Crete
Greek Medalists Lose Public Jobs
4.2 Richter Tremor off Greek Island of Crete
TAP begins land easement and acquisition process
Relatives of armed forces staff who fell in line of duty given jobs
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10 Things You Need To Know This Morning (DIA, SPY, QQQ)
Good morning! Here's what you need to know.
With the exception of Japan's Nikkei, which closed down -1.45%, Asian markets finished higher. Australia's S&P/ASX gained 0.05%, Korea's Kospi was up 0.19% and Hong Kong's Hang Seng climbed 0.10%. European markets were lower across the board, with London's FTSE trailing most at -0.63%. U.S. futures were all pointing higher. The jobs number disappointed. The U.S. economy added 169,000 jobs in August, missing expectations of 180,000. Most of the new jobs were part-time. Gold surged to 1.43% after the print, after being down about 0.40% earlier this morning. Oil has come down. Some analysts revised their NFP projections upward after an unexpectedly strong ISM manufacturing print this week. Here's JPM's Michael Feroli: "The August ISM nonmanufacturing index defied expectations for a modest decline and instead surged another 2.6 points to 58.6, the highest level since late 2005. The strong headline number was matched by solid details in most of the sub-indices: business activity climbed almost two points to 62.2, new orders were up almost three points to 60.5, and the employment index jumped almost four points to 57.0. While the employment data earlier in the morning were mixed, this report suggests a bit of upside risk to tomorrow's BLS report." The yield on the U.S. 10-year bond breached 3% for the first time since July 2011 just before 5 pm yesterday. It's fallen back below that level this morning, but could jump on a stronger jobs report, which could give the Fed more ammunition to begin tapering its bond-purchasing program. The Mexican peso and Chinese yuan bounced the Swedish krona and Hong Kong dollar to round out the top 10 most-traded currencies in the Bank of International Settlements' latest triennial survey. The dollar, Euro and yen have held the top-three spots since 2001. Friday's European data wasn't great. German exports showed a surprise drop, while the UK's July industrial output missed forecasts and its trade deficit widened. On the bright side, UK home prices saw their seventh-straight month of gains, and French consumer confidence increased. Greece will need a third bailout, Eurozone finance minister chair Jeroen Dijsselbloem said. WSJ's Matina Stevis writes: "Mr. Dijsselbloem, who was speaking at the European Parliament in Brussels, said it was "clear that despite recent progress" in Greece, the country wouldn't be able to fully finance itself from borrowing in the capital markets at the end of its [current] bailout, in late 2014." An agreement is expected to emerge from this week's G-20 meeting that would prevent multinational firms from operating subsidiaries designed solely to shield them from tax burdens. The New York Times' Andrew E. Kramer writes: "The effort at tax reform, if enacted widely, would squeeze more money from multinational corporations and shift a portion of the global tax burden from individuals and small businesses to large corporations. The proposal is for countries to better coordinate tax treaties to close loopholes that multinational corporations exploit by registering in tax havens like Delaware or the Cayman Islands. Another tactic of concern is shifting profits to low-tax jurisdictions and costs to high-tax ones." After a sluggish start, the Denver Broncos trounced last year's Super Bowl-winning Baltimore Ravens 49-27 in the NFL's regular season opener. Broncos QB Peyton Manning completed 27 of 42 passes for 462 yards and a record-tying seven touchdowns, with 0 interceptions. The game would have been even more of a blowout if not for this.Join the conversation about this story »
Economy shrinks at smallest pace since 2010 in Q2 aided by tourism boost
Greek Economy Contracts Less Than Expected
BC-SOC--World Cup Glance, SOC
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GROUP B GP W D L GF GA Pts q-Japan 8 5 2 1 16 5 17 q-Australia 8 3 4 1 12 7 13 Jordan 8 3 1 4 7 16 10 Oman 8 2 3 3 7 10 9 Iraq 8 1 2 5 4 8 5 First Leg Friday, Sept. 6Jordan vs. Uzbekistan, 1600 GMT
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AFRICAN FC GROUP A GP W D L GF GA Pts Ethiopia 5 4 1 0 8 3 13 South Africa 5 2 2 1 8 4 8 Botswana 5 1 1 3 5 8 4 Central African Repu 5 1 0 4 4 10 3___
GROUP B GP W D L GF GA Pts Tunisia 5 3 2 0 10 6 11 Cape Verde Islands 5 2 0 3 8 9 6 Sierra Leone 5 1 2 2 7 8 5 Equatorial Guinea 5 1 2 2 9 11 5___
GROUP C GP W D L GF GA Pts Ivory Coast 5 4 1 0 14 4 13 Morocco 5 2 2 1 8 7 8 Tanzania 5 2 0 3 8 10 6 Gambia 5 0 1 4 2 11 1___
GROUP D GP W D L GF GA Pts Ghana 5 4 0 1 16 2 12 Zambia 5 3 2 0 10 2 11 Sudan 5 0 2 3 2 11 2 Lesotho 5 0 2 3 1 14 2 Friday, Sept. 6Ghana vs. Zambia, 1600 GMT
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GROUP E GP W D L GF GA Pts Congo DR 5 3 1 1 5 1 10 Burkina Faso 5 3 0 2 6 4 9 Gabon 5 2 1 2 5 5 7 Niger 5 1 0 4 4 10 3___
GROUP F GP W D L GF GA Pts Nigeria 5 2 3 0 5 3 9 Malawi 5 1 4 0 4 3 7 Namibia 5 1 2 2 2 3 5 Kenya 5 0 3 2 3 5 3___
GROUP G GP W D L GF GA Pts Egypt 5 5 0 0 12 5 15 Guinea 5 3 1 1 10 4 10 Mozambique 5 0 2 3 1 9 2 Zimbabwe 5 0 1 4 3 8 1___
GROUP H GP W D L GF GA Pts Algeria 5 4 0 1 12 4 12 Mali 5 2 2 1 7 6 8 Benin 5 1 2 2 6 9 5 Rwanda 5 0 2 3 3 9 2___
GROUP I GP W D L GF GA Pts Libya 5 2 3 0 5 2 9 Cameroon 5 2 1 2 4 5 7 Congo 5 1 3 1 2 1 6 Togo 5 1 1 3 4 7 4___
GROUP J GP W D L GF GA Pts Senegal 5 2 3 0 8 4 9 Uganda 5 2 2 1 5 5 8 Angola 5 0 4 1 4 5 4 Liberia 5 1 1 3 3 6 4___
CONCACAF GP W D L GF GA Pts United States 6 4 1 1 7 3 13 Costa Rica 6 3 2 1 7 3 11 Mexico 6 1 5 0 3 2 8 Honduras 6 2 1 3 6 7 7 Panama 6 1 3 2 5 7 6 Jamaica 6 0 2 4 2 8 2 Saturday, Sept. 7Mexico vs. Honduras, 0130 GMT
Costa Rica vs. United States, 0200 GMT
Panama vs. Jamaica, 0200 GMT
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CONMEBOL GP W D L GF GA Pts Argentina 13 7 5 1 25 9 26 Colombia 12 7 2 3 21 7 23 Ecuador 12 6 3 3 17 12 21 Chile 13 7 0 6 21 21 21 Uruguay 12 4 4 4 18 21 16 Venezuela 13 4 4 5 10 14 16 Peru 12 4 2 6 12 17 14 Bolivia 13 2 4 7 15 24 10 Paraguay 12 2 2 8 9 23 8 Friday, Sept. 6Colombia vs. Ecuador, 2030 GMT
Paraguay vs. Bolivia, 2230 GMT
Saturday, Sept. 7Chile vs. Venezuela, 0030 GMT
Peru vs. Uruguay, 0230 GMT
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OCEANIA GROUP A GP W D L GF GA Pts ap-New Zealand 6 6 0 0 17 2 18 New Caledonia 6 4 0 2 17 6 12 Tahiti 6 1 0 5 2 12 3 Solomon Islands 6 1 0 5 5 21 3___
UEFA GROUP A GP W D L GF GA Pts Belgium 7 6 1 0 13 2 19 Croatia 7 5 1 1 10 4 16 Serbia 7 2 1 4 9 9 7 Wales 6 2 0 4 6 14 6 Scotland 7 1 2 4 4 9 5 Macedonia 6 1 1 4 3 7 4 Friday, Sept. 6Serbia vs. Croatia, 1845 GMT
Scotland vs. Belgium, 1900 GMT
Skopje, MacedoniaMacedonia vs. Wales, 1700 GMT
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GROUP B GP W D L GF GA Pts Italy 6 4 2 0 12 4 14 Bulgaria 6 2 4 0 11 4 10 Czech Republic 6 2 3 1 6 4 9 Armenia 6 2 0 4 6 8 6 Denmark 6 1 3 2 6 9 6 Malta 6 1 0 5 2 14 3 Friday, Sept. 6Czech Republic vs. Armenia, 1600 GMT
Malta vs. Denmark, 1800 GMT
Italy vs. Bulgaria, 1845 GMT
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GROUP C GP W D L GF GA Pts Germany 6 5 1 0 22 7 16 Austria 6 3 2 1 15 5 11 Sweden 6 3 2 1 11 7 11 Ireland 6 3 2 1 12 10 11 Kazakhstan 6 0 1 5 2 15 1 Faeroe Islands 6 0 0 6 2 20 0 Friday, Sept. 6Kazakhstan vs. Faeroe Islands, 1500 GMT
Germany vs. Austria, 1845 GMT
DublinIreland vs. Sweden, 1845 GMT
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GROUP D GP W D L GF GA Pts Netherlands 6 6 0 0 20 2 18 Hungary 6 3 2 1 13 8 11 Romania 6 3 1 2 10 10 10 Turkey 6 2 1 3 7 7 7 Estonia 6 2 0 4 3 9 6 Andorra 6 0 0 6 0 17 0 Friday, Sept. 6Romania vs. Hungary, 1800 GMT
Turkey vs. Andorra, 1800 GMT
Estonia vs. Netherlands, 1830 GMT
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GROUP E GP W D L GF GA Pts Switzerland 6 4 2 0 8 1 14 Albania 6 3 1 2 7 6 10 Iceland 6 3 0 3 8 9 9 Norway 6 2 2 2 7 7 8 Slovenia 6 2 0 4 8 10 6 Cyprus 6 1 1 4 4 9 4 Friday, Sept. 6Norway vs. Cyprus, 1700 GMT
Slovenia vs. Albania, 1830 GMT
Switzerland vs. Iceland, 1830 GMT
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GROUP F GP W D L GF GA Pts Portugal 7 4 2 1 12 6 14 Russia 6 4 0 2 8 2 12 Israel 6 3 2 1 15 8 11 Northern Ireland 6 1 3 2 4 7 6 Azerbaijan 7 0 4 3 3 9 4 Luxembourg 6 0 3 3 3 13 3 Friday, Sept. 6Russia vs. Luxembourg, 1430 GMT
Northern Ireland vs. Portugal, 1845 GMT
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GROUP G GP W D L GF GA Pts Bosnia-Herzegovina 6 5 1 0 23 3 16 Greece 6 4 1 1 7 4 13 Slovakia 6 2 3 1 7 5 9 Lithuania 6 1 2 3 4 8 5 Latvia 6 1 1 4 6 14 4 Liechtenstein 6 0 2 4 3 16 2 Friday, Sept. 6Latvia vs. Lithuania, 1810 GMT
Bosnia-Herzegovina vs. Slovakia, 1815 GMT
Liechtenstein vs. Greece, 1845 GMT
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GROUP H GP W D L GF GA Pts Montenegro 7 4 2 1 14 7 14 England 6 3 3 0 21 3 12 Ukraine 6 3 2 1 10 4 11 Poland 6 2 3 1 12 7 9 Moldova 7 1 2 4 4 11 5 San Marino 6 0 0 6 0 29 0 Friday, Sept. 6Ukraine vs. San Marino, 1800 GMT
Poland vs. Montenegro, 1845 GMT
England vs. Moldova, 1900 GMT
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GROUP I GP W D L GF GA Pts Spain 5 3 2 0 8 2 11 France 5 3 1 1 8 4 10 Finland 5 1 3 1 4 4 6 Georgia 5 1 1 3 3 7 4 Belarus 6 1 1 4 4 10 4q-Qualified
ap-Advanced to playoff
Friday, Sept. 6Georgia vs. France, 1815 GMT
Finland vs. Spain, 1830 GMT
News Topics: International soccer, Soccer, Sports, Men's soccer, Professional soccer, FIFA World Cup, Men's sports, EventsPeople, Places and Companies: Macedonia, Dublin, Slovakia, West Africa, Skopje, Estonia, Turkey, Zambia, Ghana, Montenegro, Middle East, Uzbekistan, Moldova, Latvia, Southern Africa, Kazakhstan, North Africa, East Africa, Malta, Oceania, Andorra, Faroe Islands, Liechtenstein, San Marino, Eastern Europe, Europe, Ireland, Western Europe, Africa, Central Asia, Asia
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. This article is published under the terms of the News Licensing Group, LLC. privacy policy, in addition to the terms of use and privacy policy for this website.
Greek FM shows keenness on boosting ties with Egypt: FM
10 Things You Need To Know Before The Opening Bell (DIA, SPY, QQQ)
Good morning! Here's what you need to know.
With the exception of Japan's Nikkei, which closed down -1.45%, Asian markets finished higher. Australia's S&P/ASX gained 0.05%, Korea's Kospi was up 0.19% and Hong Kong's Hang Seng climbed 0.10%. European markets were lower across the board, with London's FTSE trailing most at -0.63%. U.S. futures were all pointing higher. Guess what day it is!? That's right, non-farm payrolls for August come out at 8:30. The economy is expected to have added 175,000 versus 162,000 in July, with the unemployment rate remaining unchanged and a slight uptick in hourly earnings. Oil and the dollar were trading higher, while gold is falling, in advance of the report. US crude futures were up 0.32%, while the dollar basket index was near highs not seen since the end of July at around 82.57. Gold was down -0.39%. Some analysts revised their NFP projections upward after an unexpectedly strong ISM manufacturing print this week. Here's JPM's Michael Feroli: "The August ISM nonmanufacturing index defied expectations for a modest decline and instead surged another 2.6 points to 58.6, the highest level since late 2005. The strong headline number was matched by solid details in most of the sub-indices: business activity climbed almost two points to 62.2, new orders were up almost three points to 60.5, and the employment index jumped almost four points to 57.0. While the employment data earlier in the morning were mixed, this report suggests a bit of upside risk to tomorrow's BLS report." The yield on the U.S. 10-year bond breached 3% for the first time since July 2011 just before 5 pm yesterday. It's fallen back below that level this morning, but could jump on a stronger jobs report, which could give the Fed more ammunition to begin tapering its bond-purchasing program. The Mexican peso and Chinese yuan bounced the Swedish krona and Hong Kong dollar to round out the top 10 most-traded currencies in the Bank of International Settlements' latest triennial survey. The dollar, Euro and yen have held the top-three spots since 2001. Friday's European data wasn't great. German exports showed a surprise drop, while the UK's July industrial output missed forecasts and its trade deficit widened. On the bright side, UK home prices saw their seventh-straight month of gains, and French consumer confidence increased. Greece will need a third bailout, Eurozone finance minister chair Jeroen Dijsselbloem said. WSJ's Matina Stevis writes: "Mr. Dijsselbloem, who was speaking at the European Parliament in Brussels, said it was "clear that despite recent progress" in Greece, the country wouldn't be able to fully finance itself from borrowing in the capital markets at the end of its [current] bailout, in late 2014." An agreement is expected to emerge from this week's G-20 meeting that would prevent multinational firms from operating subsidiaries designed solely to shield them from tax burdens. The New York Times' Andrew E. Kramer writes: "The effort at tax reform, if enacted widely, would squeeze more money from multinational corporations and shift a portion of the global tax burden from individuals and small businesses to large corporations. The proposal is for countries to better coordinate tax treaties to close loopholes that multinational corporations exploit by registering in tax havens like Delaware or the Cayman Islands. Another tactic of concern is shifting profits to low-tax jurisdictions and costs to high-tax ones." After a sluggish start, the Denver Broncos trounced last year's Super Bowl-winning Baltimore Ravens 49-27 in the NFL's regular season opener. Broncos QB Peyton Manning completed 27 of 42 passes for 462 yards and a record-tying seven touchdowns, with 0 interceptions. The game would have been even more of a blowout if not for this.Join the conversation about this story »
ECB Chief Draghi No Debt Cut For Greece
PASOK ND Spat Rattles Coalition
PM to hint at relief in speech in Thessaloniki on Saturday morning
Greek recession eases as tourism slows GDP contraction
Greek Second-Quarter GDP Contracted Less Than Initial Estimate
Tourists help ease Greek recession
Coptic Christians In Egypt Still Persecuted, Still Hopeful
BC-AP--AP Europe News Digest at 1100 GMT, AP
TOP STORIES IN EUROPE ON FRIDAY, SEPTEMBER 06, 2013:
G20-SYRIA
ST. PETERSBURG, Russia — President Barack Obama is using his last day in Europe to renew his quest for foreign support for a U.S. military strike in Syria. But three days after he left Washington, it's unclear whether the global coalition the president has been seeking is any closer to becoming a reality. By Josh Lederman.
AP photos.
NETHERLANDS-SREBRENICA
THE HAGUE, Netherlands — The Dutch Supreme Court rules that the Netherlands was liable for the deaths of three Bosnian Muslim men during the 1995 Srebrenica massacre, even though its forces there were part of a U.N. peacekeeping mission. The decision upheld a 2011 appeals court judgment that was seen as setting a worrying precedent for countries providing troops for United Nations peacekeeping forces, because it held the Dutch state responsible for events that happened during a U.N. mission. By Mike Corder. Moved 700 words.
AP Photos LON101-0713951800.
IRAN-NUCLEAR
BRUSSELS — The European Union's top court has thrown out sanctions that were imposed against several Iranian businesses for their alleged ties to the country's disputed nuclear program. The European Court of Justice in Luxembourg ruled on Friday that there was not sufficient evidence to justify the sanctions imposed by the 28-nation bloc on eight Iranian banks and companies. Upcoming by 1100 GMT. 600 words.
RUSSIA-SYRIA
MOSCOW — Russian state news agency Interfax is reporting that another Russian ship on the Black Sea has departed for Syria. Citing a source at navy headquarters, it says the landing ship left the Black Sea port of Sevastopol on Friday morning for the Eastern Mediterranean with "special cargo." 130 words.
CROATIA-OBIT-BUSIC
ZAGREB, Croatia — Zvonko Busic, a Croatian nationalist who served 32 years in prison in the U.S. for hijacking a plane and also planting explosives that killed a policeman, has committed suicide. He was 67. Police said Busic was found dead Sunday at his home in Rovanjska, near the coastal town of Zadar. They said he left a suicide note. Moved 270 words.
NSA CODE BREAKING
WASHINGTON — The National Security Agency, working with the British government, has secretly been unraveling encryption technology that billions of Internet users rely upon to keep their electronic messages and confidential data safe from prying eyes, according to published reports Thursday based on internal U.S. government documents. The NSA has bypassed or altogether cracked much of the digital encryption used by businesses and everyday Web users, according to reports in The New York Times, Britain's Guardian newspaper and the nonprofit news website ProPublica. The reports describe how the NSA invested billions of dollars since 2000 to make nearly everyone's secrets available for government consumption. By Jack Gillum. Moved 800 words.
AP Photos WX111-0708132040.
G20-SYRIA-AID
ST. PETERSBURG, Russia — While world powers argue over how to end Syria's civil war, Britain's prime minister and the U.N. chief are trying to get rich countries to pitch in more money to help its victims. Britain's David Cameron hosted a meeting of donor countries at the Group of 20 summit in St. Petersburg, Russia, on Friday. 130 words moved.
AP Photos VLM108-0906130811, VLM110-0906130809.
GERMANY-SECT-RAIDED
BERLIN — Police raided a Christian sect in southern Germany and took 40 children from them on allegations they were being physically abused, authorities said Friday. Bavarian police said the children of the so-called "Twelve Tribes" sect were taken into protective custody the day before as investigators look into allegations that they were being beaten and otherwise physically punished. 300 words. To be updated with more details.
BUSINESS AND FINANCE
G20-TAXING-MULTINATIONALS
ST. PETERSBURG, Russia — It's time to make Google, Apple and other multinational companies pay more taxes. That's the message from President Barack Obama and leaders of the world's other leading economies this week. The head of the Organization for Economic Cooperation and Development, Angel Gurria, told The Associated Press on Friday that the leaders signed on to the new tax plan at the Group of 20 summit in St. Petersburg, Russia. By Angela Charlton. SENT 130 words, photos. UPCOMING: to be updated around 1230 GMT to about 600 words
IRELAND-FINANCIAL-CRISIS-
DUBLIN — The Irish government says it wants the European Union to grant it a new precautionary line of credit worth a potential 10 billion euros ($13 billion) to ease its planned exit this year from an international bailout. Finance Minister Michael Noonan says Ireland wants the credit line only as a safeguard "to give confidence to our lenders." By Shawn Pogatchnik. SENT 130 words. UPCOMING: to be updated around 1200 GMT to about 500 words
WORLD MARKETS
LONDON — Stock markets were tentative Friday ahead of the latest U.S. jobs report, the most important monthly indicator for the world's largest economy. Jitters remained over Syria's civil war and whether the U.S. would launch a punitive strike against President Bashar Assad's regime for a chemical attack against civilians in suburban Damascus last month. But at the G-20 summit of world leaders in Russia this week, President Barack Obama failed to garner much support for military intervention. By Carlo Piovano. SENT 520 words, photos. UPCOMING: to be updated 1250 GMT and 1350 GMT
GERMANY-ECONOMY
BERLIN — Germany's exports dropped unexpectedly in July and industrial production fell, even as the economies of the countries using the euro showed signs of improvement, according to two reports Friday. The Federal Statistical Office said German exports dropped 1.1 percent in July over June when adjusted for seasonal and calendar differences. Economists had predicted a 0.7 percent rise, the dpa news agency reported. SENT 223 words
GREECE-FINANCIAL CRISIS
ATHENS, Greece — High tourism revenues helped Greece's battered economy shrink less than initially estimated in April-June, making a projected exit from recession next year more likely. The country's statistical authority said Friday that the second quarter contraction was 3.8 percent, considerably better than last month's flash estimate of 4.8 percent. SENT 130 words
BRITAIN-BBC-PAYMENTS
LONDON — A war of words between media titans over who approved oversized severance payments to outgoing BBC executives is set to move into Parliament. BBC Trust Chairman Chris Patten said Friday he is looking forward to Monday's parliamentary inquiry. SENT 130 words.
SPORTS
SOC--WCUP-EUROPEAN ROUNDUP
Germany, Italy and the Netherlands will move to the brink of qualification for the 2014 World Cup with victories in group matches on a busy night of European qualifying in which France and Spain play away games as they continue to slug it out atop Group I. With separates. By Steve Douglas.
CAR--F1-ITALIAN GP
MONZA, Italy — Lewis Hamilton posts the fastest time in the first practice session for the Italian Grand Prix, with championship leader Sebastian Vettel fourth quickest. By Daniella Matar.
ATH--VAN DAMME MEMORIAL
BRUSSELS — Self-proclaimed living legend Usain Bolt closes out his 2013 season with a 100 against Justin Gatlin in the Van Damme Memorial. By John Leicester.
News Topics: General news, Summits, Economy, News industry, Financial crisis, G-20 Summit, Government and politics, Computer and data security, Peacekeeping forces, National security, Intelligence agencies, International relations, Business, Media industry, Media and entertainment industry, Industries, Financial markets, Events, Computing and information technology, Technology, Armed forces, Military and defensePeople, Places and Companies: Barack Obama, Bashar Assad, Chris Patten, Saint Petersburg, Europe, Russia, Netherlands, United Kingdom, Croatia, Germany, Syria, United States, Greece, Eastern Europe, Western Europe, Middle East, North America
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. This article is published under the terms of the News Licensing Group, LLC. privacy policy, in addition to the terms of use and privacy policy for this website.