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Iran denies explosion at uranium facilityIran has denied media reports of a major explosion at one of its uranium enrichment sites, describing them as "Western propaganda" designed to influence upcoming nuclear negotiations. More… |
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Islamic banks 'need mergers to fill in gap'Small and medium-sized Islamic banks may need to merge if they want to become bigger regional players capable of filling the funding hole left by shrinking Western banks, the head of Islamic finance at Deutsche Bank, told Reuters. 'Th More… |
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Western states step up sanctions on IranThe US, Britain and Canada have announced new sanctions on Iran's energy and financial sectors, steps analysts said may raise pressure on Tehran but were unlikely to halt its nuclear program. The US named Iran as an area of 'primar More… |
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Central, W Europe on track for 2012 power linkCzech, Hungarian and Slovak grid operators and regulators said on Tuesday they are on track to integrate their power markets by the second quarter of 2012 and then to join with those of western Europe later that year. They said after a fir More… |
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Al Fahim auto units, ADCC in allianceEmirates Motor Company (EMC) and Western Motors, both automotive units of the Abu Dhabi-based diversified business group Al Fahim, have signed a joint alliance with Abu Dhabi Country Club (ADCC). Targeting over 3,200 ADCC members, the More… |
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Western expats in Bahrain slam travel warningsBahrain's Western expats yesterday criticised travel warnings and 'over the top' international media coverage for causing concern to friends and family back home. They say they are not considering leaving Bahrain and are confident that the More… |
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Some academic courses too ‘Western’: IranIran will not allow its universities to begin teaching certain disciplines it deems too "Western", and existing courses will be revised, a senior Education Ministry official was quoted as saying. "Expansion of 12 disciplines in the social More… |
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Western powers ‘must change focus on Iran’The international community must focus more on Iran's human rights abuses rather than its nuclear programme if it wants to weaken President Mahmoud Ahmadinejad at home, a German-Iranian lawmaker said. Omid Nouripour, a member of parliament More… |
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Iran ‘will hit Western warships if attacked’Iran's defence minister warned on Tuesday that the Islamic Republic could strike back at Western warships in the Gulf if it were attacked over its nuclear programme, the semi-official Fars news agency reported. Ahmad Vahidi said there More… |
