News Archive - 25 May 2012

WRAPUP 2-Iran, big powers agree to hold more nuclear talks in June

>* Major sticking points remain, but two sides still talking* Iran wants easing of sanctions before nuclear concessions* Powers want Iran to curb activity before sanctions eased (Adds comments from Iranian oil minister, senior cleric)By Andrew Quinn and Justyna PawlakBAGHDAD, May 25 (Reuters) - Iran and world powers agreed to...

Soltanieh welcomes IAEA report on IRI N-drive

IRI Ambassador to International Atomic Energy Agency, Ali Asghar Soltanieh called IAEA cheif's latest report on Iran’s nuclear program a positive one which proved peaceful identity of Tehran’s nuclear activities. He made the remarks on Friday in Vienna, adding the report showed Tehran’s progress in nuclear technology including the enrichment...

Anti-regime demos rock restive Syria

Yemenis have taken to the streets in the northern city of Sa’ada to protest against US and Israeli interference in their country’s internal affairs, according to Press TV. On Friday, demonstrators shouted slogans against the United States and Israel and called on the Yemeni government to halt its political and...

Morsi to face Shafiq in Egypt presidential run-off

Egypt’s Muslim Brotherhood says its candidate Mohamed Morsi will face former Prime Minister Ahmed Shafiq in the country’s presidential run-off election. According to Friday reports, around 90 percent of the ballots have been counted so far and Morsi is leading with 25 percent. Former prime minister of Mubarak's regime Shafiq...

Baghdad Talks held in good atmosphere - Jalili

IRI Secretary of Supreme National Security Council (SNSC), Saeed Jalili, said on Thursday that Tehran-G5+1 talks were held in a good atmosphere. Jalili told reporters that the Baghdad talks were intensive and long. “The talks in Baghdad were detailed but unfinished." He said the G5+1 had a series of...

IRI negotiator Jalili meets with Ayatollah Sistani

Secretary of the IRI Supreme National Security Council (SNSC), Saeed Jalili, met and conferred with Iraqi Religious Leader, Grand Ayatollah Ali Sistani, on Friday. Jalili and the Grand Ayatollah Sistani discussed latest regional and international developments. The meeting took place after Jalili's visit to the0 holy sites of Najaf in...

IRI countering sanctions by domesticating oil industry

Islamic Republic of Iran has been countering the US-engineered oil sanctions through domesticating the national oil industry, Oil Minister Rostam Qasemi told worshippers in weekly prayers ceremonies Friday. Mr. Qasemi said the IRI has drawn up an overhaul plan for the industry and will implement it as a roadmap. He...

Khatami: IRI never to give up 20pc enrichment

Islamic Republic of Iran will not give up its technology of 20 percent uranium enrichment, Tehran’s interim Friday Prayers Leader Hojjatoleslam Sayyed Ahmad Khatami said Friday. In his second sermon of this week's Friday prayers of the capital city, the Alim slammed the western governemnts for not meeting their promises...

IRI Navy saves 2 oil tankers from pirates

IRI Navy foiled a pirate attack on two Iranian oil tankers in the international waters, a statement released by the Navy said on Friday. The first Iranian oil tanker was attacked by pirate boats on first days of this week near Muscat in Oman's northeastern coast on the Gulf of...

Syrian president invited to Tehran's NAM summit

IRI President Mahmud Ahmadinejad has invited his Syrian counterpart Bashar al-Assad to visit Tehran and attend the 16th Non-Aligned Movement (NAM) Summit. Minister of Communications and Technology, Reza Taghipour, submitted the invitation message to Assad on Thursday. The 4-day NAM Summit will start in Tehran on August 26-31.

Foreign investments in IRI rise by 12pc

Foreign investments in the Islamic Republic of Iran in 1390 (ending March 20, 2012) increased by 12 percent compared to the preceding year, a senior official announced Thursday. Foreign investors have invested nearly $4,3b in different projects in the Islamic Republic, Head of the IRI Foreign Investment Services Center told...

Massive shock looms over Eurozone

Eurozone tensions rose Thursday after grim news on the economic outlook and as investors sought safety in Germany on growing doubts over Greece's future in the currency union. Shortly after an EU summit failed to produce a remedy, a May survey of eurozone business confidence showed the sharpest monthly fall...

Qaeda-linked suicide bomber kills 12 in Yemen

>The attacks came less than a week after a suicide bomber in army uniform detonated an explosive belt at a military parade rehearsal in Sanaa, killing more than 90 soldiers and wounding at least 200 more.The United States and its Gulf Arab allies have watched with mounting alarm as...

Clinton to visit Turkey, Scandinavia, Georgia

>The State Department said Clinton begins her May 31-June 7 trip with visits to Denmark, Norway and Sweden that will largely concentrate on the environment.Her visit to Norway will include speaking at a conference on global health in Oslo on June 1 as well as visiting Tromso, north of...

Exclusive: Syria grain trade signals alarm for Assad

>LONDON/HAMBURG (Reuters) - Syria is struggling to meet its grain import needs because of sanctions, raising the risk of bread shortages that could sap public support for President Bashar al-Assad as he tries to snuff out a 15-month-old uprising. Trade sources said a reluctance among foreign banks, shipowners and grain...

Italian automaker Fiat and truck-making Fiat Industrial halt sales to Iran

>"Effective immediately the subsidiaries will no longer carry out business activity related to products or components where the ultimate destination of such products is known to be Iran," Fiat said in a statement.Separately, truck maker Fiat Industrial, which like Fiat is controlled by Italy's Agnelli family, also said it...

Analysts play down higher-grade uranium find in Iran

>The International Atomic Energy Agency also said on Friday satellite images show "extensive activities" at the Parchin military complex which inspectors want to check over suspicions that nuclear weapons-relevant research was done there.The activities could hamper the IAEA's inquiry, it said - an allusion to what Western diplomats have...

Reports: Inspectors Find Higher Enrichment At Iranian Site

BAGHDAD (AP) — Diplomats say the U.N. nuclear agency has found traces of uranium at Iran's underground atomic site enriched to higher than previous levels and closer to what is needed for nuclear weap

Iran nuclear deal over uranium stockpile ends in deadlock

>One source said the higher level detected was believed to be within variation of the usual activity at the Fordow facility - where Iran is refining uranium to a fissile concentration of 20 percent - making clear it was not a big difference."It is not up there ... towards nuclear...

UPDATE 2-Brent steady at $106 as economy worry lingers

>* German manufacturing shrinks at fastest rate in 3 years* U.S. durable goods data up, but less than expectedBy Jessica JaganathanSINGAPORE, May 25 (Reuters) - Brent crude futures held steady at $106 a barrel on Friday, but was on track for a fourth weekly loss and the longest losing...

US stocks, euro ease slightly, Spain dims sentiment

US stocks and the euro eased slightly on Friday as Spain's deteriorating finances and a possible Greek exit from the euro weighed on investor sentiment more than an upbeat report on US consumer confidence.

Delhi - [ Min 32.5 °C

A new International Atomic Energy Agency (IAEA) report on Iran's nuclear activities is "proof" that Tehran's programme is peaceful, Iran's envoy to the UN nuclear watchdog said.

Further Talks on Iran’s Nuclear Capabilities

New York, May 25 2012 5:10PM Secretary-General Ban Ki-moon welcomes the recently concluded talks between Iran and the E3+3 grouping – made up of the United Kingdom, the United States, US, China, France, Germany and Russia – his spokesperson said today.

Briefs: Watchdog group says Kentucky pastor broke federal law

Louisville, Ky. — A religious watchdog group says an eastern Kentucky Baptist pastor violated federal law when he urged his followers to vote President Barack Obama out of office in November.

Ahmadinejad wished “the brotherly people of Azerbaijan happiness and greatness”

“In the name of God the merciful and the compassionate! Your Excellency, I heartily congratulate the fraternal State and people on the occasion of the national holiday-Day of the Republic of Azerbaijan.

Briefs: Ad agency for GM linked to CFO's wife

General Motors Co. said it recently learned that Pernilla Ammann, the wife of Chief Financial Officer Dan Ammann, is an officer and a partner in an advertising agency that received about $600,000 for services last year to a GM subsidiary.

2012 May 26 | Latest Asia News

Elections: “Gagauz legislators managed to impossible-to go beyond the legal framework of the finish line in the fulfilment of the mandates”. Republic of Moldova-Moldova “is someone thinks that destroying a gagauzskuû dream, he can sleep in his” Republic of Moldova-Chisinau?:

Syrian troops kill 50 people including 13 children in restive province, activists say

BEIRUT - President Bashar Assad's forces have killed at least 50 civilians including 13 children in central Syria, activists say, in one of the highest death tolls in one specific area since an internationally brokered cease-fire went into effect last month.

Hezbollah hit last nail on 'greater Israel' coffin

Friday, May 25th, the day of liberation of southern Lebanon from Zionist occupation marks the day of hitting the last nail on what the so-called “greater Israel,” Hezbollah Secretary General Sayyed Hassan Nasrallah said.

Gas prices down for holiday travelers

The summer driving season kicks off this holiday weekend, which usually means a rise in gas prices because of higher demand. This Memorial Day seemed like it would be even worse, with some pundits scaring drivers with forecasts of gas prices topping $4 or $5 a gallon.

Bud weakens to tropical storm off Mexico’s coast

PUERTO VALLARTA, Mexico — Bud weakened to a tropical storm Friday as it headed toward a string of laid-back beach resorts and small mountain villages on Mexico’s Pacific coast south of Puerto Vallarta

Booming oil discoveries level West's playing field

Oil and gas fields that were unknown or inaccessible a decade ago – in Argentina, North Dakota, Colombia – now offer the U.S. a glimmer of hope for self-sufficiency.

Gold trumps dollar signs for men's water polo team

FILE - In an Aug. 10, 2008 file photo Li Bin of China, right, shoots past Tony Azevedo of the USA, left, during a preliminary round of men's water polo at the Beijing 2008 Olympics in Beijing, The USA men's water polo team was the surprise silver meadalists at the...

Lebanese Syria hostage release delayed, massacre claimed

BEIRUT/AMMAN (Reuters) - Lebanon said on Friday that a group of Lebanese Shi'ites kidnapped in Syria had been freed and were safe in Turkey, but produced no sign of the hostages at the centre of a kidnap drama heightening tensions over the conflict in neighbouring Syria. Related Stories U.N.

US Can’t Equivocate on Iran Much Longer

LONDON, 6 August 2004 — As if trying to add a last-minute item to a banquet menu, the Bush administration is busy concocting an “Iran policy” for the Republican Party’s convention in New York this month.

China hits back at US on human rights record

Beijing yesterday swiftly hit back at Washington's annual report on China's human rights, saying in a report that the US government's crackdown on protesters in the Occupy Wall Street demonstration .....

UN report notes enriched uranium in Iran

UN experts are investigating why particles of uranium found in a Iranian nuclear facility had been enriched.

Over 50 killed as security forces pound central Syria, opposition groups say

Syrian government forces pounded the central province of Homs on Friday, killing more than 50 people including children, opposition groups said.

The undeclared war on Iran's nuclear program

Suspicion falls on Israel for assassination campaign against leading scientists

US applies 'double standard' on human rights

Beijing on Friday swiftly hit back at Washington's annual report on China's human rights, saying in a report that the US government's crackdown on protesters in the Occupy Wall Street demonstration is the real illustration of American democracy.

Iran uranium of elevated enrichment raises concern

IAEA inspectors report finding traces of uranium enriched up to 27% in an Iranian facility, exceeding the maximum 20% permitted. The revelation may complicate talks on Iran's nuclear program. VIENNA — United Nations experts are investigating why tiny particles of uranium found in an underground Iranian nuclear facility had been...

Eurovision and activism in Baku

Song contest turns the spotlight on Azerbaijan

Merintis debat Malaysia Baru

26 MEI — Debat “Pemansuhan Perbadanan Tabung Pendidikan Tinggi Negara (PTPTN) Dan Hala Tuju Pendidikan Tinggi” di antara Rafizi Ramli dan Khairy Jamaluddin berjaya dianjurkan di Kompleks Media Karangkraf dan dipancarkan oleh Astro Awani dan Bernama 24 secara langsung pada malam bersejarah 22 Mei lalu. Sekaligus ia menandakan bahawa “Politik...

MPs see conscription as possible cure to Iraq woes

Baghdad (AFP) May 25, 2012 Iraqi MPs are toying with a Saddam-era policy they hope will combat both high unemployment and fears of sectarian divisions in a country that was on the brink of civil war a few years ago: conscription. The nascent proposal is a potentially divisive one, and...

Outside View: Negotiating with Iran

Baltimore (UPI) May 25, 2012 This week, six world powers resumed discussions with Iran in Baghdad to avert what increasingly appears to be a nuclear standoff. What the Obama administration hopes to achieve through such talks is anybody's guess. History suggests that diplomatic engagement with Iran is a fool's errand.

Tick tock: Pressure for real progress in next Iran talks

Baghdad (AFP) May 25, 2012 Iran and world powers cannot afford to come away from their next round of nuclear talks in Moscow in June without concrete progress, as they did in Baghdad, analysts said on Friday. "We are starting to reach a point in which it is going to...

Raghida Dergham: Arab Concern Over the West's Infatuation With Iran

Talk of the "Grand Bargain" is once again finding its way to theories on the relationship between the United States and Iran, in light of their mutual desire to build bridges of trust on the nuclear issue, and of the repercussions of their understanding over regional issues, from Iraq...

Campaign styles clash in Wis. recall race

Wisconsin Gov. Scott Walker and his opponent, Democrat Tom Barrett, are locked together in a fiercely fought recall campaign, but that's where the similarity ends. They don't campaign the same way.

5 surprises in Egypt's presidential election

The State Highway Patrol is kicking off a new program to train truck drivers to watch for signs of potential crimes and safety threats while they're traveling Ohio roadways.

Judge won't preside in trial in Ark. lotto dispute

An Arkansas judge who ordered a new trial in a lawsuit over a $1 million lottery ticket that a woman says she mistakenly discarded announced Friday that he won't preside over.

Thousands celebrate pilgrims' release

Thousands of Lebanese Shi'ites celebrate after a group of pilgrims were released by hostage-takers in Syria.

Brandon Weeden is most talented Cleveland Browns' QB in a long time, Bill Livingston writes

Brandon Weeden continued to look good last week in Browns minicamp after a stellar rookie camp. Given what preceded at the quarterback position, Weeden looks even better.

Markets Resist Drag of Euro Trouble

This is a guest post by Craig Birk, director of portfolio management at Personal Capital. held firm amid swirling uncertainty surrounding Greece and the future of Europe. Global stocks posted gains for the week, though international stocks were flat for US investors due to a rising dollar. At a mostly...

West Coaxes Iran to Accept Nuclear Offer

VIENNA, 16 June 2006 — Western powers nudged Iran yesterday to take up a new offer of incentives to halt its disputed nuclear fuel program, soft-pedaling previous threats of possible sanctions brushed aside by Tehran.

Runoff may offer Egypt's voters two stark paths

Analysis: The two candidates leading in still-unofficial counting couldn't be more different: the Mubarak regime's last prime minister and the Muslim Brotherhood's pick.

Turkmen leader sacks oil and gas minister

MOSCOW (Reuters) - Turkmen President Kurbanguly Berdymukhamedov sacked his oil and gas minister, citing his poor performance on state television on Friday, just two days after the Central Asian nation agreed landmark deals to supply natural gas to Pakistan and India. Related Stories Lebanese Shi'ite hostages freed, en route to...

Phew! A weight off as mom passes test - Cannes verdict: little dazzles more than motherhood

Now that the Mail has taken an interest in Aishwarya, it will be even more interested in another Indian woman much better known to the Brits: Shilpa Shetty, winner of Celebrity Big Brother 2007. Meanwhile, one has to be grateful for small mercies. As far as one knows, Mallika Sherawat...

Nation + World

Uranium worries » Inspectors took more samples from the same location.

US general: Afghanistan better vetting recruits

The commanding Marine general in one of Afghanistan's hardest-fought regions says he is seeing big improvements in the vetting of Afghan recruits to the country's security forces following attacks by Afghan soldiers...

Summer gas prices - as good as they'll get

As the summer driving season kicks off this holiday weekend, most Americans are enjoying lower gas prices than they might have expected when the spring began.

Oil holds near 2012 low

The price of oil held near the lowest levels of the year on a quiet Friday ahead of the holiday weekend.

50 years on, fire still burns underneath Pa. town

It's an anniversary the few remaining souls who live here won't be celebrating.

OIL FUTURES: Crude Ekes Out A Gain Ahead Of Long Weekend

OIL FUTURES: Crude Ekes Out A Gain Ahead Of Long Weekend

Gospel of Barnabas find will cause Christianity's collapse, Iran claims

London, May 25 : Iran has claimed that a leather-bound religious text, thought to date from the fifth century but discovered only 12 years ago, will cause the collapse of Christianity worldwide.

Democrats, Republicans Remain at Odds on Student Loan Rate Freeze

Senate Democrats and Republicans have failed to pass competing versions of legislation aimed at preventing federally subsidized student loan interest rates from doubling in July.

Wall St, euro fall on fears of Greek euro zone exit

NEW YORK (Reuters) - U.S. stocks and the euro slipped on Friday as Spain's deteriorating finances and a possible Greek exit from the euro overshadowed an upbeat report on U.S. consumer confidence. Oil prices edged higher due to a lack of progress in talks with Iran over its...

Iran nuclear talks a 'complete failure,' says Iranian diplomat

Both sides spoke of 'some common ground' that will drive the next round of Iran nuclear talks set for mid-June in Moscow. Yet a chasm of mismatched expectations widened in Baghdad.

Heat resting up before return to East finals

Linda Galayda hauled water and flagged down truck drivers to ask about their hay. She sold calves and young cows and made her son leave their East Texas family ranch for a job in San Antonio.

Lee Rosenbaum's cultural commentary

Usually, when a loaned masterpiece gets returned unscathed, all is well. But in yet another blow to cultural exchange, a highly important Jackson Pollock , "Mural on Indian Red Ground," 1950, although arriving safely in Iran after having been loaned to two Japanese museums by the Tehran Museum of Contemporary...

Suspected pirate attack thwarted

DUBAI, United Arab Emirates (AP) — Iran and an American-led naval coalition each said Thursday they responded to a distress call by a U.S.-flagged cargo ship that came under fire from gunmen in the Gulf of Oman a day earlier. read more

Panel sets June 7 date for JPMorgan CEO to testify

JPMorgan Chase CEO Jamie Dimon is being asked to appear before a Senate panel next month to answer questions about the bank's $2 billion-plus trading loss.

Is Silicon Valley's Golden Age of Innovation Dead?

Facebook has been accused of many things: Ripping off individual investors by selectively disclosing bad news to big investors before its IPO; increasing cynicism about Wall Street and damaging the IPO market; being a ridiculously pointless waste of time. Can we add "innovation destroyer" to the list of charges?

Exclusive: US probes China's ZTE over tech sales to Iran

>WASHINGTON (Reuters) - The Department of Commerce is investigating Chinese telecommunications equipment maker ZTE Corp for allegedly selling embargoed U.S. computer products to Iran. The investigation was launched following reports by Reuters in March and April that ZTE had signed contracts to ship millions of dollars worth of hardware...

Iran boosting sensitive nuclear capacity: IAEA

VIENNA (Reuters) - Iran has raised its potential capacity to make sensitive nuclear material by installing hundreds more uranium enrichment machines at an underground site, a U.N. watchdog report said, a day after world powers failed to convince Tehran to halt such activity. The International Atomic Energy Agency also...

Crude oil prices up 34 cents at US$91 a barrel, but still near 2012 lows

NEW YORK, N.Y. - The price of oil is holding near the lowest levels of the year. Benchmark West Texas Intermediate crude added 34 cents to US$91 a barrel in New York while Brent crude, used to price varieties imported by U.S. refineries, rose 38 cents to US$106.

Dragon docks at space station in historic 1st

The first commercial supply ship is now part of the International Space Station.

Conference participants at Institute of CIS States back Artsakh’s stance

The NKR was represented at the round table by Advisers to Foreign Minister Ruben Zargarian and Arsen Melik-Shakhnazarian.

P&G to add latches to make detergent packs safer

The maker of Tide Pods will create a new double-latch lid to deter children from accessing and eating the brightly colored detergent packets, a company spokesman said Friday.

Teen killed in S.Sudan; antigun campaign continues

Leaders of a minority community said South Sudan troops shot and killed a teenager on Friday while he was fishing, linking the death to the military's disarmament campaign in a conflict-torn state.

Armenian ambassador to China participates in ESCAP meeting

Armen Sargsyan participated in meeting of UN Economic and Social Commission for Asia and the Pacific in Bangkok.

NJ Assembly bans unsolicited text message ads

The State Highway Patrol is kicking off a new program to train truck drivers to watch for signs of potential crimes and safety threats while they're traveling Ohio roadways.

Oil Edges Up Above $91

Oil edged up above $91 a barrel Friday as an inconclusive summit about Iran's nuclear program outweighed demands concerns tied to Greece's financial crisis and sputtering growth in China.

US seeks regional domination: Analyst

The latest round of talks between the P5+1 and Iran has been wrapped up in the Iraqi capital Baghdad and another round of negotiations has been scheduled for June.

Lebanese hostages in Syria released

BEIRUT (Reuters) - Lebanese hostages kidnapped in northern Syria were set free on Friday and were on their way to Beirut, Lebanon's prime minister and an Islamist cleric who brokered their release said.

U.S. suggests caveats to Iranian gas line

WASHINGTON, May 25 (UPI) -- A natural gas pipeline from Iran could be considered if Tehran meets the expectations of the international community, a U.S. official suggested.

Q&A of the Week: 'The current state of the cybercrime ecosystem' featuring Mikko Hypponen

In this week's Q&A, I chat with Mikko Hypponen, the Chief Research Officer of F-Secure on the current state of the cybercrime ecosystem.

Norwegian aid agency employee freed in Sudan

The State Highway Patrol is kicking off a new program to train truck drivers to watch for signs of potential crimes and safety threats while they're traveling Ohio roadways.

New telescope to be in South Africa, Australia

A giant radio telescope made up of thousands of separate dishes and intended to help scientists answer fundamental questions about the make-up of the universe will be built and based in both Australia and South Africa, the...

As Crude Plunges, Is It Too Late To Sell Oil?

Congratulations OPEC. The world is now accustomed to $90 oil.

Oil rises above $91 as global stocks rally

Benchmark oil for July delivery was up 60 cents to $91.26 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.

Thousands gather for anti-Assad protests in Syria

BEIRUT—Activists say Syrian forces are shelling opposition strongholds as thousands gather across the country in weekly anti-government protests.

Man arrested in 1979 disappearance of NYC boy Patz

A former convenience store worker confessed to luring 6-year-old Etan Patz from his school bus stop in 1979 and choking him to death in a basement, police said Thursday, ending a three-decades long investigation into one of...

Oil edges up above $91 on inconclusive Iran talks

Oil edged up above $91 a barrel Friday as an inconclusive summit about Iran's nuclear program outweighed demands concerns tied to Greece's financial crisis and sputtering growth in China.

Syria asserts economy still solid amid sanctions despite price soaring

Damascus, May 25 (Xinhua-ANI): With recession and sky-high unemployment, the Syrians officials, while confessing that the European Union (EU) and U.S. sanctions have hit the Syrian people hard, are still sending assurances that the country's economy is stable.

‘Iran will win economic war with West’

Iranian Oil Minister Rostam Qasemi says the country will definitely be the winner of the economic war waged against Iran by Western countries.

IAEA Experts to Visit Bushehr in 2013

MOSCOW, May 25 (RIA Novosti) - IAEA experts will visit Iran’s first nuclear power plant at Bushehr next year, Miroslav Lipar, head of the agency’s Operational Safety Section, said on Friday.