IMF Readies $794 Billion Bailout For Italy – The IMF could bail out Italy with up to 600 billion ($794 billion), an Italian newspaper reported on Sunday, as Prime Minister Mario Monti came under pressure to speed up anti-crisis measures. The money would give Monti a window of 12 to 18 months to implement urgent budget cuts and growth-boosting reforms. [indtimes]

Putin Accepts Presidential Nomination – Vladimir Putin accepted his ruling party’s nomination today to return to Russia’s presidency, while accusing foreigners of funding his political opponents in a reminder of the anti-Western rhetoric that characterised his years in power. [tvnz]

Gary Speed Found Dead: Wales Manager Was A Fine Footballer, Good Manager And A Wonderful Man – A light has gone out in football and the sport suddenly seems a far darker place. A fine footballer, good manager and wonderful man, Gary Speed has gone, leaving behind a grieving family, a sport in mourning and countless friends shivering with a feeling of utter desolation. [telegraph]

Man Bust Watching Child Porn In First Class – A first-class passenger who allegedly viewed child porn on a US domestic flight was arrested on landing after a fellow passenger complained to flight attendants. Massachusetts State Police say 47-year-old Grant Smith viewed the pornographic images on his laptop during a Delta Airlines flight from Salt Lake City to Boston on Saturday night. [ninemsn]

UN Climate Chief Speaks In Durban – New research and findings are “sounding alarm bells” for urgent action to halt global warming, the United Nation’s top official on climate change, Christiana Figueres, told journalists on Sunday. Speaking at a curtain-raiser media briefing in Durban, a day ahead of the official opening of the COP 17 conference, she said there were two very important backdrops to the next fortnight’s negotiations. [news24]

Britain Slipping Back Into Recession Early Next Year – The Organisation for Economic Development and Cooperation (OECD) is predicting that the economy will shrink, the British Government was warned on Thursday. Forecasts suggest that growth would be negative during the first six months of next year due to the euro crisis. The prediction, to be published today, is the first from a respected forecaster to indicate that Britain faces a double-dip recession. [telegraph]

Lady Gaga Dishes On How To Get Her Into Bed – The Sun newspaper put it to Lady Gaga last week, asking what it takes for a man to get her into bed. She made it quite clear, by saying, “It ranges from a really big dick, to a degree at Harvard.” Well, at least we’re good for one out of two.. [thesun]

World’s Fastest Train Unveiled – As China’s economy and population expand, so do its transport needs. Although car ownership is on the increase, the Government is investing more in the railways. China now has the fastest train in the world. It runs from the central city of Wuhan down to the south coast, at a speed of more than 380km/h. [bbc]

South Korea Rolls Out Robot Prison Guards – In prisons of the future, watchtowers and barbed wire may be just a formality. South Korea is debuting robot wardens with the power to stop jailbreaks. If all goes according to plan, these hulking bots will soon roam South Korean jails as troubleshooters. [time]

Liverpool / City Draw Keeps United In Reach – Liverpool prevented Manchester City from pulling further clear at the top of the standings but an eventful 1-1 draw featuring an own-goal equalizer from Joleon Lescott and the third red card of Mario Balotelli’s City career seemed unimportant after news hours earlier that Wales manager Gary Speed had been found dead at age 42. [natpos]

Nigella Lawson Weigh Loss Secret Revealed – When Nigella Lawson stepped out last week looking slim and radiant, the world looked on in astonishment. For days speculation has mounted as to how the star managed to slim down. And now MailOnline can exclusively reveal the secret behind Nigella’s miracle weight loss. [dailymail]

Federer Cleans Tsonga In Straight Sets – In his 100th final, Roger Federer outsteadied Jo-Wilfried Tsonga, 6-3, 6-7 (6), 6-3, Sunday at the ATP World Tour Finals in London, capturing his 70th career singles title and his biggest since winning the Australian Open in January 2010. The victory made Federer the first man to win the year-ending championships six times and extended his winning streak to 17, his longest since 2009. [nytimes]

Barack Obama Meets Bill Murray – Both face the challenge of living up to the great legacy of President Franklin D. Roosevelt, but it was probably more quick pleasantries than in depth historical discussion when President Obama and Bill Murray greeted each other before a college basketball game on Saturday. [huffpo]