The most important news for Tuesday, June 29th, 2010....

Italian Prime Minister Silvio Berlusconi says that the G8 nations "absolutely believe" Israel will attack Iran.

Arabic newspapers are circulating the rumor that Israel is massing warplanes in the Caucasus for an attack on Iran.

CIA Director Leon Panetta told ABC's This Week that Iran probably has enough low-enriched uranium for two nuclear weapons, but that it would probably take it two years to build the bombs.

Iran's president says his nation will retaliate if its cargo ships come under inspection by Israel and that it will delay resuming nuclear talks to teach the West some manners.

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During a speech on Sunday, Sarah Palin accused Barack Obama of selling out Israel and of treating Prime Minister Benjamin Netanyahu shabbily.

Russian President Dmitry Medvedev said on Sunday that a CIA warning that Iran has enough uranium to build two atomic bombs was "worrying".

A top Hamas leader has warned Israel to expect more Gaza-bound pro-Palestinian flotillas over the next two months.

Israel’s Ambassador to the United States Michael Oren is reported to have told Israeli diplomats that relations between the U.S. and Israel are experiencing a "tectonic rift".

The key nuclear threat that Iran poses to the world, according to former President Bill Clinton, is the risk that it may sell dangerous materials that could be used in suitcase bombs.

North Korea said on Monday that it must bolster its nuclear capability in a "newly developed way" to cope with what it sees as hostile U.S. policy and military threats amid tensions over the deadly sinking of a South Korean warship.

In a 5 to 4 decision, the Supreme Court ruled on Monday that a state law school can kick a Christian student group off campus that does not allow gay students and other non-Christians to be full members of the group.

A divided U.S. Supreme Court also ruled that the constitutional right to bear arms binds states and cities, as well as the federal government, in a decision that raises questions about gun laws around the country.

A "significant" amount of emulsified oil has washed ashore in Mississippi for the first time since the massive Gulf of Mexico oil spill began 10 weeks ago, state officials said on Sunday.

Local officials in Mississippi are reportedly "livid" that the oil had made it ashore.

The National Hurricane Center said on Monday that Tropical Storm Alex is expected to strengthen into a hurricane but is heading away from the massive oil spill in the Gulf of Mexico.

Could a hurricane end up sending oily water many miles inland?

According to a new report, exposure to the oil disaster in the Gulf of Mexico has resulted in 162 cases of illnesses reported to the Louisiana state health department.

Could the BP oil leak end up triggering a massive earthquake on the bottom of the Gulf of Mexico?

Are Alabama state troopers moonlighting as BP security guards?

Barack Obama promised on Sunday that he would deliver serious deficit reduction proposals next year.

One New York Times columnist is declaring that we are heading into "the third depression".

The Wall Street "reform" bill has just encountered another set of roadblocks.

An article on Bloomberg's website says that 46 U.S. states are facing a "Greek style" financial crisis.

Andrew Roberts, the credit chief at RBS, is warning clients to prepare for "monster" money-printing by the U.S. Federal Reserve.

Federal regulators on Friday shut down banks in Florida, Georgia and New Mexico, lifting to 86 the number of U.S. bank failures this year.

Is the U.S. commercial real estate market about to implode?

Economists are warning that the decision by European governments to cut their budgets could send the entire globe into another recession.

Banks in the U.K. are being instructed to hoard cash in preparation for the next financial crisis.

World financial markets seem to sense that something really bad is coming.

Are public pension funds the next bubble to burst?

Cash machines that only dispense £5 notes regardless of how much money is withdrawn will soon be installed across Britain.

The U.S. Justice Department announced on Monday that 10 people were arrested on charges of being Russian agents involved in a long-term spy mission in the country.

A popular candidate for governor in the northern Mexican state of Tamaulipas was murdered by drug cartel hitmen on Monday.

It is being reported that drug traffickers are spending $1 million a pop to build boats that look like submarines and can carry 4 tons of cocaine for 2,000 miles without refueling.

U.S. border patrol agents have found a crude tunnel, apparently used for smuggling, underneath the concrete-lined Rio Grande River near El Paso, Texas.

At the G20 protests over the weekend, protesters were being abducted off the streets and bundled into unmarked vehicles which were driven away at high speeds.

Did undercover police purposely spark the riots at the G20 summit in Toronto?

When it was all said and done, more than 600 people were arrested during the G20 protests.

During the G20 summit, a new law allowed police to jail anyone who refused to furnish identification and submit to a search while within five meters of a designated security zone in downtown Toronto.

CIA Director Leon Panetta admitted on Sunday that the United States has not had good intelligence on the whereabouts of Osama bin Laden for many years.

Will we all soon need "ID tokens" to be able to use the Internet?

It looks like Joe Biden has made yet another unfortunate choice of words.

Two new studies released Monday said the diabetes drug Avandia is unsafe, heating up a controversy about a drug linked in a number of studies to an increased risk of heart attack and heart failure.

According to a new report, there is a widespread problem involving unpublished or biased clinical trials in the medical research industry.

Massive flooding in southern China has killed at least 379 people and has left at least 141 missing.

The northernmost active volcano in Russia's Far East Kamchatka Peninsula is currently spewing plumes of ash at a height of more than 6 kilometers.

Another incredibly complex crop circle formation has appeared in the U.K.

Is constant use of electronic gadgets reshaping our brains and making our thinking shallower?

Angelina Jolie says that her daughter Shiloh "wants to be a boy".

Lastly, according to a report by the U.S. Department of Transportation's Bureau of Transportation Statistics, the baggage check fees collected by U.S. airlines shot up 33% in the first quarter of 2010 to $769 million.

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