| | June 13, 2012 | | LOST CAUSE The Republican with roots in three blue states probably won’t win any of them this fall. But more significantly, he isn't even going to try, writes The Daily Beast’s John Avlon—sending him into uncharted strategic territory. Battle Lines Russia's foreign minister on Wednesday defended his country's alleged sale of arms to Syria, and also accused the U.S. of supplying weapons to the rebels fighting the government. "We are not violating any international law," said Sergei Lavrov, in response to a question about arms sales to Syria. U.S. Secretary of State Hillary Clinton said Tuesday that the U.S. has “confronted the Russians about stopping their continued arms shipments,” Clinton said. As many as 60 Syrians died Tuesday in increased air attacks, according to one outside group. Turkey, Saudi Arabia, and Qatar are said to have given weapons recently to the main opposition group and other activists. Clinton continued to push for a “managed transition” of government, much like that of Yemen. CASH RUN Greeks are stuffing their wallets with cash and stocking up on provisions ahead of Sunday’s election, panicked that the vote will force them out of the euro zone. Banks told Reuters that citizens were withdrawing up to €800 million, or $1 billion, daily in preparation for the worst amid rumors of anti-austerity parties leading in the polls. While it’s now illegal to publish polls ahead of the election, party officials have reportedly been leaking “secret polls” in what appears to be an attempt to improve their standing. The EU and IMF have warned that Greece must adhere to the conditions of the bailout deal or risk being pushed out. Last week, Greek officials said they could run out of money as soon as July. PENN STATE On the third day of the Jerry Sandusky trial, the man known as Victim 10 detailed an incident in which the former Penn State coach allegedly pinned him down and performed oral sex, threatening that the boy would “never see my family again” if he told anyone what happened between them. Now 25, Victim 10 said he and Sandusky were wrestling in the ex-coach’s basement at the time and that Sandusky later apologized for threatening him and told him “he loved me.” Victim 10 said Sandusky abused him on two other occasions, once in 1998 at a pool and again in Sandusky’s basement in 1999, when he was allegedly forced to perform oral sex on Sandusky. The man said he was roughly 11 years old when the assaults occurred. Inconvenient Truth Jamie Dimon presided over a litany of bad decisions, but during his senate testimony on Monday, he proved he’s more correct than we’d like to believe about the impossibility of regulating risk out of the hyperconnected global banking system, writes The Daily Beast’s Zachary Karabell. | |
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