Bitter exchanges in EU parliament debate

Mr Cameron had to pass a wall of press cameras to breach the summit venue...
(Image: EPA)

The European Parliament's first debate on the UK's vote to leave has been marked by bitter exchanges.

A central figure in the Leave campaign, UK Independence Party (UKIP) leader Nigel Farage, was booed, called a liar and accused of using "Nazi propaganda".

What is the future of Britain after EU exit? Join the discussion here on DBliss Media Forum.

Mr Farage shot back that the EU itself was "in denial".

UK Prime Minister David Cameron is meeting leaders of the other 27 EU states for the first time since Thursday's referendum.

and was visibly more relaxed inside, chatting to French President Francois Hollande and other leaders  (Image: Reuters)

German Chancellor Angela Merkel offered him an embrace  (Image: Reuters)

"I'll be explaining that Britain will be leaving the European Union but I want that process to be as constructive as possible," he told reporters before the summit's working dinner in Brussels.

Watch LIVE Coverage on this story

An EU official close to the talks told BBC News the mood was "very, very serious" and a question mark hung over the UK's next presidency of the EU, due to begin in the second half of next year.

"The leaders are very interested in hearing the UK's timeline but everyone knows Cameron won't trigger Article 50 [the first formal step in the withdrawal procedure]," the source added.

The announcement of Mr Cameron's replacement as leader of the Conservative Party, and thus prime minister, is not due now until 9 September, with 12:00 BST Thursday as the deadline for nominations.

European Commission President Jean-Claude Juncker warned against delay in starting the exit process: "I don't think we should see any shadow-boxing or any cat-and-mouse games. It is clear what the British people want and we should act accordingly."

'Why are you here?'

The European Parliament passed a motion urging the UK to start the exit process by triggering Article 50 immediately.

Opening the session, Mr Juncker said the will of the British people must be respected, prompting shouting and clapping from Mr Farage.

"You were fighting for the exit, the British people voted in favour of the exit - why are you here?" Mr Juncker responded, to applause from others in parliament.

BREAKING NEWS: Turkey Istanbul: Explosions and gunfire rock Ataturk airport

Istanbul's Ataturk international airport (Image: Reuters)  

At least two explosions and gunfire have rocked Istanbul's Ataturk international airport, with reports of "multiple" people injured.

Two suicide bombers blew themselves up, Reuters news agency quoted a Turkish official as saying.

Police had opened fire to neutralise the suspects at an entry point, it added.

In December, a blast on the tarmac at a different Istanbul airport, Sabiha Gokcen, killed a cleaner.

Recent bomb attacks in Turkey have been linked to Kurdish separatists or the so-called Islamic State group.

Forty people were injured in the attack, Turkish newspaper Haberturk reports on its website (in Turkish).

Gunfire was reportedly directed from an airport car park.

A US State Department travel warning for Turkey, originally published in March and updated on Monday, urges US citizens to "exercise heightened vigilance and caution when visiting public access areas, especially those heavily frequented by tourists."

Wimbledon 2016: Tara Moore beats Timea Babos to reach round two

Tara Moore had lost on both previous occasions at Wimbledon in 2013 and 2014

British wildcard Tara Moore reached the Wimbledon second round with her first victory at a Grand Slam.

Moore, the world 227, beat Alison Van Uytvanck 6-3 6-2 to become the fourth Briton into round two.

The British number four joins Andy Murray, Dan Evans and world 772 Marcus Willis in progressing.

British number one Johanna Konta led 6-1 2-1 against Monica Puig before rain suspended her match, which will resume on Wednesday.

Heather Watson, who reached the third round last year, will start her Wimbledon campaign on Wednesday after her match was also delayed by rain.

Earlier, British men's number two Aljaz Bedene was knocked out by seventh seed Richard Gasquet and fellow Briton Katie Swan was beaten on her Wimbledon debut.

'Hard graft' pays off for Moore

Moore's father was courtside along with her support team and friends

Moore, facing a player ranked 100 places above her, broke the Belgian's serve in the eighth game before serving out the opening set in the following game.

The 23-year-old then dominated the second set to win in just 71 minutes, dropping only five games against a player who reached the French Open quarter-finals in 2015.

Moore will face Russian two-time Grand Slam champion Svetlana Kuznetsova in round two.

"It's amazing," said Moore, who was born in Hong Kong and moved to the UK as a teenager.

"Who would have thought before the grass season that I'd be where I am right now? I'm really grateful to the All England Club for giving me this opportunity.

"I've definitely put in a lot of graft and I think it's paying off finally. I'm just really happy."

Ikea Recalls Millions Of Chests, Dressers Because Of Tip-Over Hazard

Elliot Kaye (left), chairman of the Consumer Product Safety Commission, and CPSC employees watch as an IKEA Malm model chest of drawers falls on a 28-pound dummy during a live demonstration Tuesday at the National Press Club in Washington, D.C.Carlos Hamann/AFP/Getty Images

Ikea has announced a voluntary recall of 29 million chests and drawers, after three children died in the past two years because of dresser tip-over accidents.

The recall affects MALM dressers and chests of drawers with three or more drawers, as well as a number of other Ikea models.

The dressers and chests in question can be pulled over by a child if they aren't securely attached to a wall. When multiple drawers are opened, or if a child opens drawers and attempts to climb on them, even dressers that seem too heavy for a child to move can becomevulnerable to tipping over. (Seemingly stable televisions can pose a similar hazard.)

In 2014, two children, both around 2 years old, died in tip-over accidents involving Ikea's MALM dressers. The next year, the company launched a program offering free wall-mounting kits to consumers and encouraging them to attach dressers to the wall.

But in February, a third child, a 22-month-old boy in Minnesota, died after a MALM chest fell on top of him.

His family was renting their apartment, the Star Tribune reports, and were not allowed to put holes in their walls, as Ikea's wall-mounting kits require.

The U.S. Consumer Product Safety Commission, or CPSC, notes that there have been other tip-over incidents as well, including three earlier deaths involving other models of Ikea furniture, and dozens of accidents that did not result in deaths.

Now, after the third death in two years, Ikea and the CPSC have announced that MALM — and other models of tall dressers — are now being recalled. Consumers can still ask for a free wall anchoring kit, but they can also opt for a refund for their furniture. Ikea is providing full refunds for dressers purchased after 2002, and partial store credit for older furniture.

"If you have or think you have one of these products, act immediately," CPSC Chairman Elliot Kaye said in a statement. "It is simply too dangerous to have the recalled furniture in your home unanchored, especially if you have young children."

"The products are not designed to be freestanding; they are designed to be attached to the wall," Ikea U.S. President Lars Petersson tells NPR. "We have taken this very, very strong step in order to communicate a way to attach to the wall, but also to make sure that this becomes a very strong culture for people, as strong as putting on your seat belt when you are driving a car."

Ikea will no longer be selling the now-recalled dressers in their current design; it will only sell products that meet CPSC guidelines for stability, Petersson says.

But Petersson says even those dressers should, ideally, be anchored.

"Chests of drawers which are not attached to the wall are not completely safe ... the only completely safe thing is actually to have them attached to the wall," he says.

Safety standards that make dressers more stable are currently voluntary, but some lawmakers are pushing for legislation to make the standards mandatory, the Philadelphia Inquirer reports.

The newspaper, which broke the news of the Ikea recall, has reported extensively on the hazard of tip-over accidents. You can find much more information on the accidents, and how to prevent them, in an investigative piece the Inquirer published in 2015.

US military failed Americans in Benghazi, says House

The US building in Benghazi on fire on 11 September 2012  (Image: Reuters)

The US military failed to protect four Americans who died in attacks on a US compound in the Libyan city of Benghazi, says a Congressional report.

The Obama administration was criticised for lax security and a slow response to the 2012 attacks on a US compound, in the report by House Republicans.

But they found no new evidence of wrongdoing by ex-Secretary of State and White House hopeful Hillary Clinton.

The issue has long haunted her on the campaign trail.

The report does not find new wrongdoing by Hillary Clinton  (Image: Getty)

Islamic militants stormed the US compound in the Libyan city of Benghazi in 2012, killing four Americans including ambassador Chris Stevens.

Earlier this year, Mrs Clinton said she took responsibility for the attack during an 11-hour hearing before the House Republicans committee on the matter.

Military leaders have said they did not have sufficient intelligence on what was happening or the resources to respond quickly enough.

In announcing the conclusion of the committee's investigation, chairman Trey Gowdy, a Republican from South Carolina, said: "Nothing was en route to Libya at the time the last two Americans were killed almost eight hours after the attacks began."

US help was too slow because of "an obsession with hurting the Libyans' feelings," he said.

The report has "not found anything to contradict the conclusions of multiple, earlier investigations," Mrs Clinton's campaign said in a statement.

Democrats, in their own report, said the State Department's security measures were "woefully inadequate" but Mrs Clinton had never refused requests for more security.

They called the Republicans' report a "conspiracy theory on steroids, bringing back long-debunked allegations with no credible evidence whatsoever."

They accused the committee's Republican majority of targeting Mrs Clinton but Mr Gowdy said that was never the committee's aim.

Saraki: Head of Nigerian senate denies election conspiracy as trial starts

A court clerk reads the charges to Nigeria Senate President Bukola Saraki at the Code of Conduct Tribunal at Darki Biu, Jabi Abuja, Nigeria September 22, 2015.

(Image: REUTERS)

Nigeria's third most senior politician, the head of the upper house of parliament, pleaded not guilty on Monday to charges of altering the senate's rules to get himself elected to the post, at the start of his trial.

Bukola Saraki, a member of President Muhammadu Buhari's party, is charged along with his deputy, Ike Ekweremadu, of "forging" the upper house's rules during the process by which they were elected in June 2015.

Both politicians and two other men, who worked as clerks during the senate elections, denied the charges at the high court in Abuja. All were granted bail and the case was adjourned until July 11. If found guilty, they could be jailed for up to 14 years.

Saraki ran unopposed for the position of senate president, mainly with the backing of the opposition. He was not the ruling party's preferred candidate and his relationship with Buhari has been strained since his elevation to the position.

Charges have been leveled against a number of senior Nigerian politicians since former military ruler Buhari took office last year, vowing to crackdown on corruption.

In a separate case, Saraki is accused of falsely declaring his assets when he was a state governor from 2003 to 2011. He has pleaded not guilty.

World stocks, sterling fight back after Brexit beating

Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, June 27, 2016. (Image: REUTERS)

World stocks rose for the first time in three days and sterling and the euro climbed on Tuesday, as investors made a rush for Brexit-bashed assets hammered by some of the biggest falls since the 2008 collapse of Lehman Brothers.

Bargain hunting trumped still widespread uncertainty over Britain's vote to leave the European Union, as the bloc's leaders, including soon-to-be-ex UK Prime Minister David Cameron, headed for their first post-vote meeting in Brussels.

European shares .FTEU3 jumped 2.4 percent in early trading having plunged over 10 percent since Friday.

Banks and insurers, which have suffered the most in the rout, led the fightback. Barclays (BARC.L) jumped 6.3 percent, Deutsche Bank (DBKGn.DE) climbed 3.5 percent, Credit Agricole (CAGR.PA) and Italy's UniCredit were both up 7 percent and Spain's Bankia (BKIA.MC) jumped 9.5 percent.

Battered sterling also got a reprieve. It rose 0.8 percent to $1.3335 GBP=D4 following the biggest two-day slide in the post-1973 era of floating exchange rates, which saw it slump to a 31-year low of $1.3122 on Monday. </FRX>

Against the yen, sterling rose 1 percent to 135.54 GBPJPY=R while the euro nudged up versus the dollar to $1.1075 EUR= having dropped to a three-month low of $1.0912 after the British vote.

"After a few days of a lot of volatility, it looks like we have found some stability," said TD Securities' European Head of Currency Strategy Ned Rumpeltin.

"People will now need to see a bit more on the big questions such as what is the timeline for the UK withdrawal and what are the effects going to be for the global economy."

The major concern for investors -- aside from the political ramifications of a split EU -- is whether already struggling banks can survive if Brexit prompts central banks in Europe, Switzerland, Scandinavia and Japan to cut interest rates even more deeply into negative territory.

The cost of insuring against European banks default hit a four-month high on Monday ITEFA5YXA=TE and traders will be watching closely for signals from ECB chief Mario Draghi, who will also attend the summit in Brussels later.

In a speech in Portugal Draghi said central banks around the world should aim to align their monetary policies to mitigate "destabilizing spillovers" between economies.

DOWNGRADES

Risk appetite was also beginning to resurface in bond markets. Yields on UK government bonds, known as Gilts, and German Bunds nudged up having both hit record lows in the days since the Brexit vote, while yields in lower rated Spain, Italy and Portugal all fell more than 8 basis points.

The move in Gilts also came after rating agency Standard and Poor's stripped the UK of its prized AAA rating with a hefty two-notch downgrade. It was the first time it had ever made such a deep cut to a top-rated sovereign.

Moody's meanwhile will downgrade the rating outlooks for major British banks to "negative" on Tuesday because of the fallout from the vote to leave the EU, Sky News reported, citing sources.

Overnight in Asia, MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS ended up 0.5 percent. Japan .N225 ended flat after an impressive turnaround from an earlier fall of more than 3 percent.

Policymakers from Japan to China vowed to protect their economies and markets from the destabilizing impact of Brexit.

"It's hard to avoid short-term volatility in China's capital markets, but we won't allow roller-coaster rides and drastic changes in the capital markets," Premier Li Keqiang said at the World Economic Forum (WEF) in the city of Tianjin.

Early signs of a cautious return in demand for riskier assets were evident in the high-yielding Aussie AUD=D3 and the New Zealand dollars NZD=, which helped put a floor under other emerging market currencies in Asia.

Gold XAU=, one of the rare outliers in global financial markets in the last few days, saw some profit-taking, with the precious metal down 0.7 percent. Silver XAG= fell 0.3 percent.

Crude oil prices regained some ground after tumbling nearly 3 percent on Monday. [O/R]

U.S. crude CLc1 added 1.7 percent to $47.11 a barrel after shedding 2.8 percent on Monday, while Brent LCOc1 rose 1.6 percent to $47.89 after skidding 2.6 percent and touching seven-week lows overnight.