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Tuesday, August 14, 2012 - Last Update: 8:45 PM ET (00:45 GMT)

British Bank in $340 Million Settlement for Laundering

New York’s top banking regulator had accused Standard Chartered of laundering $250 billion for Iranian clients and lying about it to authorities.

Syrians Try to Balance Life With War’s Demands

ALEPPO, Syria — Along with the many funerals of the war in Syria, there are weddings, and births, with new arrivals sometimes taking on the names of the departed.

Ex-Premier of Syria Says Assad’s Rule Is Collapsing

BEIRUT — Syria’s former prime minister, Riyad Farid Hijab, who defected to Jordan last week, said on Tuesday that the regime of President Bashar al-Assad controlled no more than 30 percent of its territory.

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Baba Ramdev, a popular guru, waved from the window of a police bus on Monday after he and thousands of supporters were detained by the police in New Delhi.
Saurabh Das/Associated Press
Indian Yoga Guru Detained After Protest

NEW DELHI — Baba Ramdev and thousands of his supporters were held after they tried to march to India’s Parliament in an anti-corruption protest.

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Normally mobbed with sun-chasing Romans during the summer season, Ostia, a seaside town less than 20 miles from the capital, has suffered as more Romans are reluctantly opting to spend their vacations in the city due to the country's financial crisis.
Filippo Massellani for the International Herald Tribune
Italy’s Beaches, Short on La Dolce Vita

LIDO DI OSTIA, Italy — Short on cash after reforms, more Italians are opting to spend their summer in the city rather than in seaside towns like Ostia, above.

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Factory closings by the Detroit automakers have lowered Canada’s vehicle production from three million cars and trucks a year in 1999 to 2.1 million last year.
Chris Young for The New York Times
Strong Canadian Dollar Hurts Autoworkers

OSHAWA, Ontario — As talks begin on a new Canadian Auto Workers contract, Detroit automakers have been scaling back operations in Canada.

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President Obama greeted supporters at the Nelson Pioneer Farm and Museum in Oskaloosa, Iowa on Tuesday.
Damon Winter/The New York Times
To Reignite a Trail, Obama Tours Iowa

OSKALOOSA, Iowa — President Obama is on a trip through the state that birthed his bid for the White House, this time using the broad reach of his office.

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Tony Cenicola/The New York Times
From Omelets to Gougères, Indispensable

Almost alone, Julia Child, who was born 100 years ago Wednesday, started the conversation about cooking that has shaped America’s cuisine and culture ever since.

Attacks in Afghanistan Kill Dozens

KABUL — An attack in southwestern Afghanistan hit on Tuesday as people were shopping for a Muslim holiday.

Media Decoder Blog
Times Co. Names Mark Thompson Chief Executive

Mr. Thompson, the British Broadcasting Corporation’s departing director general, will join The New York Times Company.

Police in Rome Seize Marijuana Farm in Tunnel

ROME — The crop, estimated at $3.7 million, was found in a passageway built during the ear of Benito Mussolini.

Readers’ Comments

Scrutiny for Casino Mogul’s Frontman in China

“As for Mr. Adelson being able to ‘buy’ a U.S. election. Do not blame him but blame the decision by the U.S. Supreme Court to allow such action,” writes Calvin Lee in Singapore.

On Wall Street, the Rising Cost of Faster Trades

“Speed isn’t going away. It is up to each trader to maintain a responsible risk/reward profile and react to market changes accordingly,” writes BlueNoser in Canada.

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