5:45am

Mon August 22, 2011
The Two-Way

Top Stories: Libya; Israel-Gaza; Strauss-Kahn; Hurricane Irene

Good morning.

The big breaking story of the day, so far, comes from Libya. Opposition fighters have started to take control of Tripoli, and may be closing in on Moammar Gadhafi. As we reported earlier, the sudden shift in momentum appears to have happened because the opposition has gotten better organized and NATO stepped up its air attacks.

Other stories making headlines include:

-- "Israel-Gaza Violence Causes International Concern": "International concern is growing over a fresh wave of violence between Israeli forces and Palestinian militants. Israel has carried out air strikes in the Gaza Strip, while militants have been firing rockets into Israel. The trigger was a series of attacks in Israel on Thursday when eight civilians died. Five Egyptian policemen were killed as Israel pursued the gunmen. The Quartet of Middle East peace mediators - the U.N., U.S., EU and Russia - has called for restraint." (BBC News)

-- "Hurricane Irene Slams Puerto Rico; Could Hit U.S.": "Puerto Ricans awoke to flooded and debris-strewn streets Monday following the overnight passage of Hurricane Irene, which next took aim at the Dominican Republic on a path that could take the storm to the U.S. by the end of the week." (The Associated Press/Miami Herald)

-- "Strauss-Kahn Case Is Said To Be Set For Dismissal": "Three months after authorizing Dominique Strauss-Kahn's swift indictment after his arrest on sexual assault charges, the Manhattan district attorney, Cyrus R. Vance Jr., has decided to ask a judge to dismiss the case, a person briefed on the matter said on Sunday. ... [The accuser's] credibility as a witness began to crumble after prosecutors discovered what they characterized as a series of lies she had told, though none bore directly on her version of the encounter with Mr. Strauss-Kahn." (The New York Times)

From a related Weekend Edition Sunday report: Whether to drop the case "may be the hardest decision [Vance has] faced since taking office 20 months ago."

-- "European Stocks Rebound From Two-Year Low": "European stocks rebounded from a two-year low amid speculation the Federal Reserve may this week signal additional measures to stimulate the economy. U.S. index futures rose while Asian shares fell." (Bloomberg News)

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