11:50 AM, May 23rd, 2012

Frontpage: Wednesday, May 23rd

  1. Hollande, Merkel Showdown Expected: European leaders will meet Wednesday for the first summit since the French and Greek elections, amid the backdrop of the possible looming economic crisis. At nearly all the previous summits, German Chancellor Angela Merkel met with former French president Nicolas Sarkozy beforehand to create a united strategy—but Sarkozy’s successor, François Hollande, will meet with Spanish Prime Minister Mariano Rajoy in Paris ahead of the summit.
  2. Pakistani Doctor Gets 33 YearsA Pakistani doctor who reportedly ran a fake vaccination campaign that helped the U.S. capture Osama bin Laden has been sentenced to at least 33 years in prison, a Pakistani local government official said Wednesday. 
  3. News of the World Former Top Editor HackedApparently hacking at News of the World was so rampant, not even its top editor was safe from being tapped. Scotland Yard is investigating the alleged hacking in 2006 of former NotW editor Andy Coulson’s voice messages to an aide of former home secretary Charles Clarke.
  4. Iran Nuke Talks Begin in Baghdad: The U.S. and five nations resumed negotiations about Iran’s suspected nuclear program at a conference in Baghdad on Wednesday—a meeting that came just one day after Tehran indicated willingness to allow international inspections of its secret military facilities.
  5. Investors Sue Facebook, Zuckerberg: Facebook shareholders filed a lawsuit on Wednesday against Facebook, its chief executive Mark Zuckerberg, and several banks led by Morgan Stanley for hiding weakened growth forecasts for the social network ahead of its initial public offering. The suit alleges that the company and the banks tried conceal that there was a “severe and pronounced reduction” in Facebook’s revenue-growth forecasts just ahead of the social network going public.

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Photo: The Man Who Would Lead Egypt: Abdul Moneim Aboul Fotouh. Above, Fotouh arrives in Oussim to give a campaign speech. (Moises Saman / Magnum for Newsweek) Full slideshow

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