Powerful quakes again hit New Zealand's Christchurch (Reuters)

WELLINGTON (Reuters) – A series of powerful tremors rattled the quake-prone New Zealand city of Christchurch on Monday, destroying buildings and sending boulders tumbling down hillsides nearly four months after a quake killed 181 people.

There were no reported fatalities. New Zealand's Civil Defense said 10 people suffered minor injuries in the quakes, with the strongest put at a magnitude of 6.0 at 2.20 p.m. (10:20 p.m. ET on Sunday) local time.

Buildings were evacuated and infrastructure damaged across the city, still trying to recover from the February 22 6.3 magnitude earthquake.

Monday's quake knocked the New Zealand dollar lower and was seen as another hurdle to rebuilding New Zealand's second largest city, likely encouraging the Reserve Bank of New Zealand to keep interest rates on hold for longer.

"You can draw a picture already of a significant earthquake," Christchurch Mayor Bob Parker told Radio New Zealand. A cloud of dust had enveloped the city after the quakes, he said.

Civil Defense said two people had been rescued from a damaged church. There were no further reports of trapped people.

As with the initial quake, Monday's aftershock sent boulders on the city's Port Hills tumbling toward houses. Parts of the eastern city which suffered the most damage in February's tremor suffered from flooding and liquefaction - where solid ground is turned into liquid by the force of the quake.

New Zealand's GNS Institute said the earthquakes were within the expected pattern after February's tremor and could well trigger fresh seismic activity.

"We would expect a number of aftershocks in the magnitude 4.0 to 5.0 range on the coming days and weeks," said Kelvin Berryman, GNS's Manager of Natural Hazards Research.

Prime Minister John Key said the new tremor would probably affect recovery efforts. "I acknowledge that this is a setback for Christchurch, but it does not lessen our resolve to rebuild," he told reporters in parliament.

POWER CUTS, INFRASTRUCTURE DAMAGED

Power was cut to about 50,000 houses and there were reports of damage to roads, buildings and water supplies.

A number of homes were likely to remain without power overnight, with the temperature likely to dip close to freezing.

Christchurch has experienced a number of strong earthquakes since a magnitude 7.1 quake struck the city on Sept 4 last year.

On Monday, five tremors of magnitude 4.3 or greater were recorded from 0029 GMT. A 5.5 tremor at 0100 GMT was believed to have caused most of the damage 10 km (6 miles) south-east of the city center at a depth of 11 km.

Parts of the city center have been closed since the Feb 22 quake. One of the city's tallest buildings, the Grand Chancellor Hotel, has been declared unstable and is being prepared for demolition.

The cost to rebuild Christchurch after the quakes has been estimated at around NZ$15 billion ($12.2 billion).

The Reserve Bank of New Zealand cut rates after the February tremor to a record-equaling low of 2.50 percent. But signs of recovery and an upbeat assessment from the bank at its review last week have led markets to price in rate rises from December.

However, markets would start to ease back on expectations of a rate hike, said Tim Kelleher, CBA's vice president of institutional banking and markets.

"It puts things like the rebuild of Christchurch further on delay," he said.

($1=NZ$1.23)

(Reporting by Adrian Bathgate; Editing by Ron Popeski)

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Bilderberg: The Uber Powerful Global Elite Meet Behind Closed Doors In St. Moritz (Time.com)

This post is in partnership with Worldcrunch, a new global-news site that translates stories of note in foreign languages into English. The article below was originally published in Le Temps.

(ST. MORITZ) - Dominique Strauss-Kahn will not be stepping out of a limousine this year. That much is sure about this year's Bilderberg conference, which the former IMF chief, awaiting trial for alleged sexual assault of a hotel maid in New York, is said to have attended several times in the past. But little else is known about this secretly organized, unofficial meeting of some 100 powerful figures, slated to take place June 9-12 in a luxury hotel in the Grison station. Indeed, not even the dates of the gathering are confirmed.

The canton is to ensure the tranquility of its guests with the help of the Federal security service. Two of its ministers will take part in some of the discussions. But the canton is not commenting on the measures in place or the cost of the operation. (See pictures from Dominique Strauss-Kahn's legal battle.)

The Bilderberg group is one of the world's most famous clubs, it gathers bankers, politicians, industrialists, media moves and shakers, scholars and billionaires in a different location each year, usually in Europe. All the attendees share one condition of membership: discretion.

Created in 1954 by Prince Bernhard of Holland in order to bring together European and American elites, this annual meeting is named after the hotel of the Dutch village Oosterbeek where it took place for the first time. Henry Kissinger, Helmut Schmidt, Gerhard SchrOder, Daniek Vasella, the heads of Coca-Cola, Shell, Fiat and even the Queen of Holland are among the participants regularly mentioned. What do they do there? What do they want?

Decade after decade, the Bilderberg group has fueled all kinds of speculation. Multiplied on online forums, these hypotheses, sometimes denounced as "conspiracy theories", spread the idea that a powerful minority is carrying out its plan for a new world order. The idea is that important political and economic decisions are being made behind closed doors, with no democratic control. With the Bilderberg conference bringing together important politicians from left and right, some rumors say the group recommends future heads of state. Bill Clinton, Lionel Jospin, and even JosE Manuel Barroso, were invited to join shortly before they came to power.

"The conspiracy theory is absurd," said the former federal counselor Pascal Couchepin, one of the Swiss politicians to have participated in these conferences. "We spend three days trying to better understand the world thanks to meetings that I would describe more as intellectual than political. We are away from any pressure." (See pictures of world leaders on vacation.)

Le Valaisan, invited "four or five times", mainly remembers fascinating discussions about French history, or encounters with people like Olivier Roy, an expert on Islam. Another Swiss politician, Christoph Blocher, is usually skeptical about international collaboration, but shares the same opinion. Invited to a meeting in Athens where he rubbed shoulders with the head of Coca-Cola, the King of Morocco's daughter and the Swedish Secretary of State Carl Bildt, he appreciated "the excellence of the orators and the frankness of the debate". A vestige of the Cold War, the only drawback of the meeting could be that the Chinese and the Russians are still missing.

But the St. Moritz conference does disturb certain representatives of the Swiss political party UDC. In March, the national counselor Dominique Baettig filed an interpellation cosigned by Oskar Freysinger and Yves Nidegger, among others, denouncing "sopra-national and non-transparent governance." The politician justifies his action: "this kind of gathering of powerful people of the globalized world goes against our principles of sovereignty.

See the world's most influential people in the 2011 TIME 100

Criticisms about circumventing democracy are especially sharp this year, in the context of the Arab revolutions. Moreover, the cost for the Swiss taxpayer is kept secret. The Federal Council answered that it was not part of its role "to pass judgment on information policy carried out in relation to private manifestations."

Much more exclusive than Davos

This exclusive version of the Davos World Economic Forum has already been held twice in Switzerland. It is organized by a steering committee of about 20 people, which now includes Josef Ackermann, CEO of Deutsche Bank, and Daniel Vasella, CEO of Novartis. Experts are invited along with the guests. Each participant has a limited speaking time and the debates are graded to guarantee their quality. Another tacit condition is a command of the English language. (See 50 remarkable years of Europe.)

In the past few years, the mystery surrounding the Bilderberg group has faded slightly because of interest from journalists. Despite the confidentiality protecting it, the group publishes its discussion themes and participants after the meeting online at www.bilderbergmeetings.org. But the defenders of the "conspiracy theory" who keep denouncing the "Illuminati" are still active.

"This conspiracy spirit is also due to an official authority crisis. It is no longer confined to the myth of the Jewish conspiracy, but it now touches all population categories", says Bruno Fay, journalist and author of a book on the "plot-cracy" who met the current Bilderberg director, the Belgian Etienne Davignon. Rather than making decisions, the Bilderberg meetings are a way to sound out opinions on current affairs, some say. "And the members are also asked to identify rising personalities in their country." (See TIME's report on the World Economic Forum: Davos 2010.)

Another custom evoked is the invitation of the president of the host country. The communication services of the President of the Confederation say that "Micheline Calmy-Rey will not participate in the Bilderberg meeting which will take place next week in St. Moritz." For their part, the young socialists will be present behind the scenes of the meeting. For several weeks, they have called for a demonstration on June 11, on the main square of St. Moritz, to sign a manifesto in favor of greater democracy. Lukas Horrer, president of the Social Democratic Party's youth organization Grison Jusos explains: "We don't agree with the conspiracy theory. We just want to remind people that democracy has to prevail in the economic world."

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More than 150 homes damaged by powerful storm in Wisconsin

A storm leaves damage behind Sunday in Arkdale, Wisconsin. Northeast of Arkdale, a storm struck 157 homes in Kaukauna. STORY HIGHLIGHTSDaylight reveals extensive storm damage across Wisconsin157 homes are damaged or destroyed in city of Kaukauna; no one is hurtLincoln County officials do a door-to-door search after the stormRELATED TOPICSWeatherWisconsin (CNN) -- Shock and sadness etched the faces of residents in northeastern Wisconsin as daylight on Monday revealed the damage left behind by a powerful storm that cut a swath through the state.

An emergency declaration has been made for the city of Kaukauna, where early estimates were that 157 homes had been either damaged or destroyed Sunday night, the city's police chief said.

City officials, including the police, fire, planning and utility departments, went out in four teams for the morning assessment.

"This tornado, what we believe is a tornado, moved through, hit the back of houses, jumped over the front of those, then hit the front of the houses homes and hit the front of the houses on the other side of the street," said Kaukauna Police Chief John Manion.

Despite the damage estimates, which officials believe will grow, no injuries were reported in Kaukauna from the storm.

"People were well warned," Manion said. "That contributes to life."

Kaukauna is about 20 miles southwest of Green Bay.

Authorities in Lincoln County, in northern Wisconsin, did a door-to-door search after the Sunday night storm.

At least 25 homes suffered severe damage, said Mark Handlin of the Lincoln County Sheriff's Office. The worst damage was north of Merrill, about 170 miles north-northwest of Milwaukee, he said.

Crews are working to clear downed trees and power lines, Handlin said. A shelter has been set up at a motel.

Two residents were airlifted to a larger regional hospital because of the extent of their injuries, said Brian Sladek, director of Lincoln County emergency management. Other minor injuries were reported.

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