Sunday 30 August 2015

Iran ‘may have built extension at disputed site’

Iran appears to have built an extension to part of its Parchin military site since May, the UN nuclear watchdog said in a report on Thursday, as part of its inquiry into possible military dimensions of Tehran's past nuclear activity.   A resolution of the In


US oil export advocates use Iran deal to buttress argument

US oil industry lobbyists and Congressional supporters of lifting the US ban on oil exports hope they can gain more support as lawmakers debate whether to approve the Obama administration's nuclear deal with Iran, which would result in more Iranian oil on world markets.  


Oil rises more than 4.5pc as equities rally

Oil prices jumped more than 4.5 per cent on Thursday after a rally in equity markets and an unexpected fall in US crude inventories, but worries over the Chinese economy and a global oil glut kept the outlook uncertain. World stock markets rose as Chinese shares recovered on hope


China must abandon high growth fantasy: Billionaire

China's richest man said on Thursday the government needs to give up any "fantasy" of maintaining high economic growth rates, unusually bold comments at a time when Beijing is grappling to contain a market meltdown that has hammered global equities. Billionaire Wang


US movie gunman gets 12 lifetimes and 3,318 years

Condemning movie massacre gunman James Holmes to 12 life sentences and the maximum 3,318 years in prison for his rampage in a midnight screening of a Batman film, a Colorado judge said on Wednesday that evil and mental illness are not mutually exclusive. "It is the court'


TV journalists shot dead during live interview

Two television journalists were shot and killed in Virginia, US, on Wednesday morning while conducting a live television interview, the station said. The incident occurred at about 6:45 am EDT (1045 GMT) during a live broadcast in Bedford County, when shots could be heard, sendin


50 migrants found dead in boat off Libya

Some 50 migrants were found dead in the hold of a boat off the coast of Libya on Wednesday during a rescue operation which saved 430 other people, the Italian coast guard said. A spokeswoman for the Italian coast guard said the Swedish ship Poseidon, working with the European Uni


India's Muslim population rises

India's Hindus have dropped below 80 per cent of the population for the first time since independence and media had speculated the previous government deliberately delayed the release of the data because it showed a rise in the Muslim population. Members of Prime Minister Nar


Niger police seize fake dollars worth half million

Security forces in Niger have dismantled a counterfeiting operation, seizing at least 270 million CFA francs ($470,244) in fake euro and dollar notes, authorities told state-owned television on Tuesday. Officers who raided the site in Takieta, a town in the centre of the West Afr


Gold struggles as stocks drop despite China rate cut

Gold slipped on Wednesday, struggling to draw buyers even as Asian stocks fell further despite China's latest policy easing with investors remaining wary of a near-term hike in US interest rates. Bullion erased early gains to extend Tuesday's 1.2-per cent drop that came a

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