News Archive - 5 March 2012

Cotton prices soar after India bans exports

Global oil prices have soared once again with Brent crude seeing an 83-cent increase to exceed USD124 per barrel. The price hike came on Monday as US President Barack Obama was going to discuss Iran sanctions in his meeting with Israeli Prime Minister Benjamin Netanyahu. Brent crude oil futures for...

IRI issues communiqué on talks with IAEA

Permanent IRI representative to the IAEA in Vienna issued a communiqué Monday focusing on recent two rounds of talks between Iranian top officials and agency (IAEA) high ranking inspectors. The communiqué was handed out among the International Atomic Energy Agency Board of Directors and delegations of member countries, as well...

Nazanin Khosravani arrested and transferred to prison to serve her sentence

Journalist Nazanin Khosravani has begun serving her 6-year prison sentence. Nazanin Khosravani’s trial was held on April 16, 2011 at Branch 26 of the Revolutionary Court presided by judge Pir-Abassi. She was handed down a sentence of 6-years in prison. The charges against her were “assembly and collusion against...

Salehi leaves Tehran for Minsk

IRI Foreign Minister Ali-Akbar Salehi arrived in Minsk Monday on an official visit to confer with Belarusian high-ranking officials. During the two day visit, Salehi is to confer with his Belarusian counterpart on examining avenues to further broaden ties and cooperation between the two countries. The two sides are scheduled...

IRI begins production of cancer drug Paclitaxel

Iran’s Gilan Province has launched the first mass production line of the new injectable anticancer medication Paclitaxel in the Middle East. President Mahmoud Ahmadinejad officially inaugurated the production line at Sobhan Oncology Company in the provincial capital city of Rasht, according to IRNA. Paclitaxel is a chemotherapy agent inhibiting proliferation...

Ahmadinejad congradulates Putin on his election victory

IRI President Mahmoud Ahmadinejad in a message on Monday to Russian President-elect Vladimir Putin congratulated him on his election victory. Based on a statement, released by the Presidential Press Office, Ahmadinejad in his message expressed his heartfelt congratulation Putin's landslide victory to him, the Russian Federation and nation. He also...

IRI Navy able to extend presence to Atlantic Ocean

Commander of IRI's Army Major General Ataollah Salehi said the Iranian Navy has the capability of extending its presence to the Atlantic Ocean. Today, the strategic Navy has the capability to extend its presence to the Atlantic Ocean beyond the Gulf of Aden, the Mediterranean Sea, the Suez Canal, north...

IRI among world's major scientific hubs in 10 yrs

President Mahmoud Ahmadinejad said on Monday that the Islamic Republic of Iran will turn into one of the world's major scientific hubs in ten years. President Ahmadinejad made the remarks at the inauguration ceremony of 40 medical, industrial and scientific projects in the northern province of Gilan where he also...

Al-Qaeda terrorists kill 26 police in west Iraq

Dozens of Al-Qaeda terrorists, some wearing army uniforms, killed 26 policemen in a wave of attacks on checkpoints and officers' homes across Haditha in west Iraq on Monday, police said. The assault, launched at 2:00 am (2300 GMT on Sunday), saw insurgents dressed in military uniforms and riding in stolen...

Enemies should admit grandeur of Iranians: FM spokesman

IRI Foreign Ministry spokesman Ramin Mehmanparast Monday urged enemies to bow before the grandeur and dignity of the Iranian people and stop hostility towards the nation. Talking to IRNA, he paid tribute to the exemplary presence of the nation in the 9th parliamentary elections. He said the Iranian people once...

High voter turnout irked Iran enemies: President

IRI President Mahmoud Ahmadinejad has praised the mass participation of the Iranian nation in the country’s 9th legislative elections, saying the move has dismayed the enemies and the ill-wishers of the Islamic Revolution. The vigorous participation of the Iranian people from all walks of life in the elections demonstrates their...

Brent rises near $124 on Iran supply worries

>* IAEA: indications of 'activities' at Iran military site* Coming up: API oil data 4:30 p.m. EST TuesdayBy Jessica JaganathanSINGAPORE, March 6 (Reuters) - Brent crude climbed to nearly $124 on Tuesday as fears of supply disruptions from Iran and unresolved tensions over its nuclear program outweighed concerns about...

McConnell says US should be ready to use force against Iran

WASHINGTON — The Senate Republican leader said Monday the United States should use overwhelming military force against Iran if American intelligence shows that Tehran has decided to build a nuclear weapon or it has started to enrich uranium to weapons-grade level, a bold call certain to reverberate in U.S.

Briton Tappin 'denied bail in US'

>EL PASO, Texas (Reuters) - A British businessman extradited to El Paso, Texas, to face charges that he conspired and acted to export illegal missile defense technology to Iran will stay in federal custody pending trial. Federal magistrate Robert Castaneda on Monday denied bail to Christopher Tappin, 65, of Orpington,...

Netanyahu tells Obama: No Israeli decision on Iran attack

>WASHINGTON (Reuters) - Benjamin Netanyahu assured President Barack Obama on Monday that Israel has not made any decision on attacking Iran's nuclear sites, sources close to the talks said, but the Israeli prime minister gave no sign of backing away from possible military action. With Obama appealing for more time...

Obama in Aipac conference : Talking war increase oil price which is in Iran interests

About 200 ‘Occupy AIPAC’ demonstrators have staged an anti-Iran war demonstration near the White House during a meeting between US President Barack Obama and Israeli Prime Minister Benjamin Netanyahu.

GLOBAL MARKETS-Shares, growth assets weighed by economy worries

>* Aussie, Kiwi fall, euro steadies* Copper down, gold sluggishBy Chikako MogiTOKYO, March 6 (Reuters) - Asian shares and other growth-linked assets fell on Tuesday as slowing economies in China and Europe and tension over Iran dampened sentiment, prompting investors to take profits from recent rallies that had been driven...

Netanyahu, meeting Obama, says Israel must remain 'master of its fate'

WASHINGTON -- President Barack Obama and Israeli Prime Minister Benjamin Netanyahu spent roughly three hours at the White House Monday in a bid to thaw their frosty relationship and narrow their differences over how to thwart Iran's nuclear ambitions.

Obama, Netanyahu Meet Under Shadows Of Iran

>WASHINGTON (Reuters) - President Barack Obama, aiming to head off any premature Israeli strike on Iran, sought to assure Prime Minister Benjamin Netanyahu on Monday that the United States would always "have Israel's back" but said there was still time for diplomacy. Netanyahu, in a show of unity with an...

Iran's Supreme Court orders retrial of ex-Marine

TEHERAN, Iran (AP) - Iran's Supreme Court has ordered the retrial of an ex-United States (US) Marine who was sentenced to death on charges of working for the CIA, a news agency reported on Monday. Related Stories Muslims at rally: NYPD surveillance keeps us safe New health concerns about 'fake...

Turkey's 'neo-Ottoman' aims

ANKARA : A new Turkish blockbuster glorifying the 15th-century Ottoman conquest of Constantinople has taken Turkey by storm at a time when the government is flexing its muscles as a new regional strongman.

Asian markets lower on slowing economies

Asian shares and other growth-linked assets fell today as slowing economies in China and Europe and tension over Iran dampened sentiment, prompting investors to take profits from recent rallies that had been driven by ample liquidity.

Former Secretary of Defense Speaks in the Desert

As tension in the Middle East takes center stage, the man who knows it the best is here in the desert. Former Defense Secretary Robert Gates was Monday night's guest speaker at the Desert Town Hall Series

Crude Steady Near $107 In Asian Session

Crude Steady Near $107 In Asian Session

Afghan artists use graffiti to depict war, oppression

KABUL (Reuters) - Encased in a head-to-toe burqa, the image depicts a distraught woman slumped on a cement stairwell, the work of Afghanistan's first street artists who use graffiti to chronicle violence and oppression.

General warns of Syrian bioweapons, Iran threat

WASHINGTON (AP) - The top U.S. commander in the Middle East is warning against efforts to scale back the Navy's presence in the embattled region, saying threats from Iran and elsewhere will require more ships and maritime missile defense capabilities.

China warns Iran again on nuclear aims

>Yang, speaking at a news conference held as part of China's annual parliamentary session, reiterated that China opposed unilateral sanctions on Iran, against a backdrop of ratcheting international tensions over Tehran's nuclear activities.Yang's comments come a day after the United Nations' nuclear watchdog's chief said he has "serious concerns"...

Power exports to India possible: Iran

Iran is keen to explore the possibility of exporting electricity to energy-hungry India after the much-touted tri-nation gas pipeline project with New Delhi slid into limbo.

Obama Walks a Line on Iran

President Barack Obama is sharpening his rhetoric on Iran's nuclear program but hopes to put off a possible war - and with it the potential for soaring gas prices and massive political fallout - until after his re-election.

New blockbuster fuels debate on Turkey’s ‘neo-Ottoman’ aims

ANKARA, March 6 — A new Turkish blockbuster glorifying the 15th-century Ottoman conquest of Constantinople has taken Turkey by storm at a time when the government is flexing its muscles as a new regional strongman. “Fetih 1453” — or Conquest 1453 — has drawn record crowds since it opened on...

Letters to the Editor Tuesday

As a longtime firearms enthusiast and law enforcement officer, I find it necessary to address an important issue that seems to have been ignored in the comments made regarding HB 679 (Georgia Constitutional Carry Act) by State Rep.

Bibi: Israel can't wait long on Iran

He compares inaction to not attacking Nazi camps.

Guest Post: Attorney General Holder Says Murder Is Legal

Attorney General Says U.S. Can Murder Whoever it Wants

Turkey Opposes Military Intervention in Iran

Pyongyang, March 5 (KCNA) -- Turkey's Deputy Prime Minister Ali Babacan on Friday expressed opposition to any military intervention aimed at forcing Iran to halt its controversial nuclear program.

Indian shares seen down; election results watched

> Financials Related Quotes and News Company Price Related News...

Metals, oil drop as firm dollar sparks risk selling

NEW YORK, Mar 3 (Reuters) Oil slid more than 2 percent on Friday, and copper and gold fell too as Spain's challenge to a new fiscal pact from the European Union triggered a dollar rally, prompting investors to sell dollar-denominated commodities.

India wins first world cup women kabaddi championship

Patna, Mar 4 (UNI) India defeated Iran by a margin of 25-19 to win first World Cup women Kabaddi championship here today. India was leading Iran in the first half by 19-11 and despite best efforts, Iran could not return in the game and finally, India emerged victorious.

Pakistan to tap energy sources from India, Iran

Pakistan Foreign Minister Hina Rabbani Khar said yesterday that the country would avail itself of all available opportunities, including the Iran gas pipeline project, to overcome its energy crisis. .....

Republican Leader Calls for Attack on Iran

Senate Minority Leader wants U.S. to use "overwhelming force" to prevent Iran from developing nuclear weapons.

World stocks down after Obama's tough talk on Iran

World stock markets fell Monday as tough talk by President Barack Obama over Iran's nuclear program and uncertainty over Greece's ability to clear the next hurdle in its debt reduction plan unnerved investors.

Romney turns pitch toward blue-collar, women voters

>CANTON, Ohio (Reuters) - In the final hours before Tuesday's critical Republican presidential primary in Ohio, Mitt Romney's strategy was clear: "Focus, focus, focus" on blue-collar and women voters. Romney, seeking to fight off Rick Santorum and remain the front-runner in the Republican race as 10 states hold contests on...

Philippines - Market factors to watch - Mar 6

> Related Quotes and News Company Price Related News...

Venezuela to ship more fuel to Syria as crackdown spreads

>* Chavez government says will continue to supply fuelBy Marianna ParragaCARACAS, March 5 (Reuters) - Venezuela is readying a third shipment of diesel to the government of Syria even as President Bashar al-Assad intensifies a crackdown against protesters, said a Venezuelan lawmaker on Monday.Last month, Venezuela's government confirmed it...

PRECIOUS-Gold steadies, China growth worry weighs

>SINGAPORE (Reuters) - Gold held around $1,700 an ounce Tuesday, after falling in the previous session as China, widely seen as the engine of the global economy, cut its economic growth targets, but cheaper prices could attract more buying from jewellers in Asia. Shares in Asia and growth-linked currencies were...

Singapore Stocks-May open down; Sembcorp Marine in focus

> Basic Materials Cyclical Consumer Goods Energy Financials Industrials Related Quotes and News Company Price Related News...

Netanyahu's gift to Obama: tale of a Persian plot

>It's called the Scroll of Esther, a tale of palace intrigue featuring a Jewish beauty who charms a Persian king into foiling an evil adviser's genocidal plans for her people some 2,500 years ago."Then too, they wanted to wipe us out," Netanyahu told Obama, according to an Israeli official.

[BC-MCT-INTERNATIONAL-BJT]

(MCT) McClatchy-Tribune News Service

Muslims at rally: NYPD surveillance keeps us safe

NEW YORK (AP) - Members of an Islamic coalition stood in front of police headquarters with signs to support the New York Police Department (NYPD)'s aggressive counterterrorism efforts, saying the agency is doing what is necessary to protect the city - and Muslims. Related Stories Iran's Supreme Court orders retrial...

New health concerns about 'fake pot' in US

WASHINGTON (AFP) - A type of fake pot has raised new health concerns in the United States after at least three users were hospitalised for kidney failure, authorities in the western state of Wyoming said Monday. Related Stories Iran's Supreme Court orders retrial of ex-Marine Muslims at rally: NYPD surveillance...

Markets Live: Miners push stocks lower

Australian shares retreat after global markets reacted with dismay to news that China had eased its domestic growth target for 2012.

'Fast Money' Recap: China Worries

To NEW YORK (TheStreet) -- The markets pulled back Monday on worries about China's scaled-economic forecast for 2012. ... Click to view a price quote on YUM . Click to research the Leisure industry.

Gingrich: 'Eliminate' Iran if it closes oil route

Republican presidential candidate Newt Gingrich is calling for eliminating the government of Iran if it blocks passage through a key oil route in the Mideast.

NYMEX-Crude ends slightly higher; Iran tensions support

>PERTH, March 6, (Reuters) - U.S. crude futures rose slightly on Tuesday as worries grew about the risk of supply disruptions amid rising tension over Iran's dispute with the West on Tehran's nuclear program.On Monday, U.S. President Barack Obama met Israeli Prime Minister Benjamin Netanyahu in Washington,...

Obama affirms strong bond with Israel

Washington - President Barack Obama appealed to Benjamin Netanyahu on Monday to give sanctions more time to curb Iran's nuclear ambitions, but the Israeli prime minister gave no sign of backing away from possible military action.

TRUMP: Obama Will Attack Iran Just To Win Re-Election

During an appearance on the “ Jay Severin Show ” on Boston’s Talk 1200, real estate mogul and media personality Donald Trump predicted that President Barack Obama would start a war with Iran for the sole purpose of winning re-election in November.

Petronas sees growth slowdown until 2014

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas), which posted one of the highest ever nine-month results ended Dec 31, forecasts that growth will slow down this year and next due to production issues.

APNewsBreak: GOP says US may need force vs. Iran

The Senate Republican leader says the U.S. should use overwhelming military force against Iran if American intelligence shows Tehran has decided to develop a nuclear weapon or it has started to enrich uranium to...

'Great Satan' backs 'small Satan': Obama reaffirms stance against Iran

Before reporters in the Oval Office this morning, the Israeli Prime Minister Benjamin Netanyahu declared that in the eyes of Iran the United States was the “great Satan” to Israel's “small Satan”.

No to AIPAC, No to Israel, and No to War

Those who hoped President Obama might bring a new approach to foreign policy have been repeatedly disappointed. On Sunday, Obama had a chance to partially redeem himself. He failed.

Lieberman: Iran must be stopped

WASHINGTON, March 5 (UPI) -- U.S. Sen. Joseph Lieberman, Ind-Conn., told an Israeli-American lobbying group Monday Iran must end its nuclear activities or face attack.

Crude Oil Fundamental Analysis March 6, 2012, Forecast

Crude Oil is available at 106.78, opening today at 106.54. Oil slid around all day staying in a tight range as negative and positive news balanced each side off. The ongoing worries from Iran, matched the news from China, where Premier Wen Jiabao, in his annual state-of-the nation...

World Reacts to Obama's Security Pledge to Israel

President Obama's  pledge  that the United States "will always have Israel's back" and will attack Iran if it develops a nuclear weapon reverberated across the world Monday. His first remarks occurred during a  Sunday conference  hosted by the pro-Israel group American Israel Public Affairs Committee and his second remarks took...

Israel is ‘master’ of own fate: Netanyahu

Prime Minister Benjamin Netanyahu told US President Barack Obama yesterday that Israel must remain the “master of its fate” in a firm defence of his right to mount a unilateral strike on Iran.

Texas federal judge denies bail request of British man accused of selling arms to Iran

EL PASO, Texas - A federal judge in West Texas has refused to release on bond a British businessman who is accused of trying to sell missile batteries to Iran.

Atomic Energy Chief: Iran Hasn't Resolved Questions

The head of the International Atomic Energy Agency says Iran is still not providing enough cooperation with inspectors. The agency has tried twice to visit one particular Iranian military base and has been rebuffed.

Israel's president visiting Silicon Valley this week

The first sitting Israeli president to ever visit the Bay Area is in Silicon Valley today.

The Caucus: McCain Calls For U.S.-Led Airstrikes Against Syria

Senator John McCain, a leader among Senate Republicans on military matters, called for the United States to lead airstrikes against Syria's armed forces.

Gulf jabs at Syrian regime also aimed at Iran

Around a gold-draped hall in Saudi Arabia, Gulf envoys listened to their host denounce the Syrian regime as an enemy of its people and the region. What they really heard were fresh salvos in the Arab Spring's wider war:...

Daily Outlook - Markets under Pressure at Weeks Open

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Israel and America Meet on Iran's Nuclear Program

Israel’s Prime Minister Benjamin Netanyahu arrived in Washington today and he's talking with President Obama at the White House.

Canada shuts down embassy, further expands sanctions on Syria

Baird announces decision to shutter Damascus mission and freeze assets of both central bank and al-Assad’s cabinet ministers

Iran dismisses execution sentence on US-Iranian

>"The supreme court nullified the execution sentence against Amir Mirza Hekmati and sent it to an affiliate court," said judiciary spokesman Gholamhossein Mohseni-Ejei without giving further details.Hekmati, a 28-year-old of Iranian descent born in the state of Arizona, was arrested in December and Iran's Intelligence Ministry accused him of...

Iran to hold runoff parliamentary vote

>The widespread defeat of Ahmadinejad's allies in the 290-seat assembly is expected to reduce the president to a lame duck for the rest of his second and final term, and increase Supreme Leader Ayatollah Ali Khamenei's influence in the country's 2013 presidential election.Khamenei swiftly endorsed Ahmadinejad's re-election in 2009,...

Obama says U.S. ‘will not hesitate to use force’ against Iran

WASHINGTON (MCT) — President Barack Obama on Sunday spoke of preparation by the American military to prevent Iran from obtaining nuclear weapons as he sought to assure U.S. supporters of Israel that he takes no options off the table in that effort.

M. Basketball. Kazemi Named to All C-USA Second Team

Rice junior forward Arsalan Kazemi, one of just two players in the league to average a double-double this season, has been named to the All-Conference USA Second Team for a second straight season.

Heading to Super Tuesday, Romney tries to show he’s caring, conservative

BEXLEY, Ohio (MCT) — Mitt Romney is getting personal and getting tough.

U.N. nuclear inspectors prepare for North Korea return

VIENNA (Reuters) - The United Nations nuclear watchdog is preparing for a possible return to North Korea three years after its inspectors were expelled from the Asian state, but is not yet in direct contact with Pyongyang, its chief said on Monday.

Obama focuses on unity, Netanyahu on sovereignty

(The Associated Press) WASHINGTON — The United States and Israel agree that diplomacy is the best way to resolve the crisis over potential Iranian nuclear weapons, President Obama said Monday, an optimistic view that Israel’s leader declined to publicly endorse.

Lawyer: Family of jailed American encouraged

WASHINGTON - A lawyer for the family of an American man sentenced to death in Iran welcomed word of a retrial today. Pierre...

Iran lawmakers question $4B taken by central bank

Iranian lawmakers said in a report Monday to the country's judicial branch that the Central Bank improperly took $4 billion from the country's general reserve, in what appeared to be another blow by the parliament against embattled President Mahmoud Ahmadinejad.

Pump prices rise again; oil prices waver

Pump prices rise again, oil prices steady Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 12:55 p.m., Monday, March 5, 2012 The average price at the gas pump pushed toward $3.80 per gallon Monday as oil...

Georgia gas prices jump 8 cents

The price per gallon of gasoline in the Peach State rose 5 cents in the past week, as tensions with Iran remain.

Obama: 'Loose talk' about war plays into Iran hands

WASHINGTON, Mar 4 (Reuters) US President Barack Obama warned today against 'loose talk' of a war with Iran ahead of a crucial meeting where he plans to press Israel's prime minister to avoid a premature strike on the Islamic Republic's nuclear facilities.

EXTRA: Al-Assad congratulates Russia's Putin

Beirut (dpa)- Syrian President Bashar al-Assad congratulated Russian Prime Minister Vladimir Putin Monday on winning the presidential elections, Syrian state media reported."In his cable, President al-Assad expressed, on behalf of the Syrian people and on his own behalf, heartfelt congratulations to the (future) Russian President on his distinguished winning,...

Iran Court Overturns Death Sentence on U.S. Citizen Convicted of Spying

The Supreme Court said the prior verdict was “not complete” and Hekmati, 28, will now be granted a new trial.

Limkokwing makes Botswana fashion history at London fashion week

There is nothing like the buzz of fashion week, the few days where fashionistas, stylists, buyers, designers and models are rushing around in the highest of heels, big bouncy hair, and the clinking of jewellery.

Obama to hold news conference Tuesday

President Barack Obama is holding his first news conference of the year in the midst of a modestly improving economy but in the face of international challenges that could test the current recovery as well as his presidency.

Iran repeals death sentence for former U.S. Marine

On Monday, Iran's Supreme Court vacated the death sentence for a former U.S. Marine held since August on suspicions of spying, Iranian state media reported. In December, Iranian authorities accused Amir Hekmati, 28, a former U.S. Marine linguist from Michigan, of having come to Iran to spy for...