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August 09, 2012 | | NOT FACTUAL Romney has taken to praising Bill Clinton to criticize Obama. Only one problem: it's utterly dishonest—and the former president should be saying so, says Michael Tomasky. Secretive The highly secretive trial of Gu Kailai and her household aide, Zhang Xiaojun, began on Thursday and was over in four hours. The pair is accused of murdering British businessman Neil Heywood. It is not known when the verdict is expected to be announced, but neither Gu nor her aide contested the murder charges. International media were barred from the trial. A human-rights expert said that it is not uncommon for criminal trials in China to be resolved quickly. “Frankly, in my experience, it’s very unusual for criminal trials (in China) to extend beyond a day.” JIHADI MENACE Increasing violence in Egypt's Sinai desert is heightening Israeli concerns that jihadis linked to the terrorist group might be gaining power just across the border. Dan Ephron reports. DOWNHILL News Corp. revealed a net loss of close to $1.6 billion on Wednesday after months of losses due to the company’s phone-hacking scandals. Duiring the fiscal year ending June 30, the corporation spent $224 million due to investigations into the hacking, including $57 million in the fourth quarter alone. The media conglomerate also said that it's decision to split its publishing and entertainment divisions is "on course." Chief Operating Officer Chase Carey said that the company was "targeting to make its initial regulatory filings around the end of the calendar year." Libya Libya’s National Transitional Council handed over power on Wednesday to the General National Congress, the 200 person national assembly that was elected last month. The congress is the country’s first body to be formed in free elections in over 47 years, and the handover marked the first peaceful government transition since before Muammar Gaddafi took over in 1969. After the handover, the National Transitional Council’s Chairman announced that the General National Congress was now the “sole legitimate representative of the Libyan people.” The Congress will have 30 days from its first official session to appoint a new prime minister and it must also oversee the drafting of a new constitution. | | 
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