What Happened on 05 June 2012

South Sudan president accuses leaders of stealing $4 billion

South Sudan's President Salva Kiir has accused government officials of embezzling some $4 billion from state coffers. Kiir has written… Read More.

Putin begins 3-day China visit

Russian President Vladimir Putin is on a three-day visit to China, where energy and foreign policy are expected to dominate… Read More.

Syrian rebels abandon Kofi Annan ceasefire

The rebel Free Syrian Army (FSA) has stated it is no longer committed to a UN backed truce as President… Read More.

BP to forge ahead with Russian stake sale

BP has said it will sell a stake in its Russian venture despite threats made by its billionaire partners to… Read More.

Portugal passes fourth IMF-EU bailout review

Portugal has passed a fourth review of its ongoing spending cuts and economic reforms. According to the country’s Finance Minister… Read More.

G7 leaders set to discuss Europe financial crisis

Finance ministers and central bank governors of the Group of Seven (G7) industrialized nations are due to hold a conference… Read More.

Former Olympic gold medallist Shawn Johnson retires

Former Olympic gold medal gymnast Shawn Johnson has announced her retirement after failing to recover from a knee injury in… Read More.

Hazard to join Chelsea in July

Belgian midfielder Eden Hazard is set to join Chelsea after agreeing terms with the Premier League club and passing a… Read More.

Investors think over $1.5 billion BRICS undersea cable

Potential investors, including Internet giant Google, are to decide before the end of year whether they will proceed with a… Read More.

Facebook planning to allow under-13 users, reports

Facebook is reportedly planning to soon allow children younger than 13 years old to access the social networking site under… Read More.

Returned Christ painting expected to sell for $3 million at Christie's auction

A 16th-century painting of Jesus Christ carrying the cross, which was recently returned to the heirs of a Jewish-Italian businessman,… Read More.

Stars perform at Queen's Diamond Jubilee concert

Sir Elton John, Kylie Minogue and Sir Paul McCartney were among the stars to perform at the Queen's Diamond Jubilee… Read More.