News Headlines - 21 February 2011

▽Europe's interests in Libya - Aljazeera.net
The European Union has condemned Libya for its crackdown on opposition protesters, but for many nations in the bloc, straining ties with Tripoli presents an awkward situation.

▽MI5 spy denies ‘failure’ on 7/7 attacks - Financial Times
One of MI5’s most senior officers expressed the “profound regret” of the security service at being unable to prevent the 2005 London bombings but rejected suggestions that there had been significant intelligence failings.

▽Japan creating spy agency for first time after Second World War - Telegraph.co.uk
Japan is creating an espionage agency for the first time since the end of the Second World War, amid growing tensions with its superpower neighbour China and nuclear-armed North Korea.

▽Scottish biotech star bought by Japanese drugmaker - The Guardian
Japan's Kyowa Hakko Kirin looks to have emerged victorious in the battle to buy ProStrakan, one of Scotland's biggest biotechnology companies, agreeing a £292m deal on Monday.

▽Russia summons US envoy over Japan islands dispute - AFP
The Russian foreign ministry on Monday summoned the US ambassador to Moscow over comments in which Washington reportedly backed the Japanese position in a simmering territorial row with Russia.







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