Jul 30, 3:01 AM EDT

Quotations in the News

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"It's not a new cold war." - President Barack Obama, denying the U.S. and Europe are entering into Soviet-style standoff with Russia, despite the West's escalation of its actions against the Kremlin.

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"We need at least one year to repair the power plant, the turbines, the fuel tanks and the control room. Everything was burned." - Fathi Sheik Khalil of the Gaza Energy Authority on Israel's heaviest air and artillery assault of the Gaza war which shut down the territory's only power plant.

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"Our strong financial and operating results for the second quarter show the continued momentum of our business. We remain focused on driving increased user growth and engagement, and by developing new product experiences, like the one we built around the World Cup, we believe we can extend Twitter's appeal to an even broader audience." - Twitter CEO Dick Costolo.

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